The Bank of Canada caught everyone off guard by raising rates earlier than expected. If you are not locked in to your mortgage rate, check in with your mortgage broker. Don't wait. Knowing what to expect with this development is key. Call me for advice.
Bank of Canada surprise news....
A Comparable Market Analysis is a great tool and resource to when you plan to sell your home in the future. This will give you an idea to plan ahead and organize your time with the help of a professional real estate agent! The CMA will help you determine the current market value so that you can choose the listing price where your home can sell quickly and for teh highest amount possible.
New property listed in Zone 14, Edmonton
It's time to buy your new home!
Good time to buy in Edmonton areas! We have been hit a little hard in the last couple years with increasing mortgage rates and CMHC rules that are making buyers put off buying a home . But it has been consistent that Home listing inventory is climbing, giving buyers lots of bargaining power and big selection of homes to choose from.
A Buyer can take their time, check with all necessary inspections to make sure its the right home!
Prices look to remain stable or increasing in 2018 so now is the time to buy! If there is any chance of getting a good price, fall is the best time to negotiate with the seller as many buyers are motivated in spring with the excitement of longer days and lots of sun.