Is Now the Right Time to Buy a Home? 3 Factors to Consider
Posted by Sara MacLennan on
While some may exclaim, "Now's a great time to buy!” we advise you to be cautious of those people. This isn’t to say it’s not or can’t be a good time to buy, just that a good time to buy looks different for everyone, and it's essential to evaluate your personal circumstances. The prevailing high interest rates, unyielding prices, and limited housing inventory can make the idea of homeownership daunting, but the right real estate professional can help you navigate the market and reach your real estate goals. In this blog post, we will explore the three key considerations to help determine whether or not it's a good time for you to buy a home.
1. Start with Monthly Payment:
When considering homeownership, begin by looking at what you can afford for a…
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Whether you’re remodelling to enhance your family’s treasured home for your own enjoyment or to increase resale value, it is bound to be a vast undertaking.
To adequately prepare yourself for the project that lies ahead, consider the following common renovation problems and the best solutions to fix them.
Moving is a huge adjustment that impacts the whole family, including children. Whether you are moving down the street, to a new neighbourhood, or to a new city, province or country altogether, your children will need support during this transition. We are sharing our top 5 tips for making the transition as smooth and positive as possible.
Sheldon and Sara were recently joined for a Facebook Live by some of Liv’s resident experts on purchasing and living in a rural home. Tameka Ross, Lindsay Parsons and Allison Meston all had amazing information to share, and we’ve compiled it all into the blog post below.
Watch the replay here:
Covid has seriously impacted the real estate market from a huge drop last march to a completely unexpected surge this spring.
The biggest trend over the last 10 months has been the desire for more space and along with that, there has been a huge growth in sales of rural properties.
It's not broken, we just moved your cheese.
It's been just over five years since we've done any major updates to our very popular home search website EdmontonRealEstate.pro. Last time, on December 15, 2015, we had about 5,500 user sessions a day. Lately, we've been averaging about 17,000 user sessions a day. The most traffic we ever saw in one day was 19,803 user sessions on June 30, 2020.
So why change things? Especially when we know people love the site, and people hate change.
66% of our traffic is on a mobile device, and the mobile experience on our new site is far superior to the old one. Our new site has been designed "mobile-first" so it works as well on a phone as it does on a desktop. It's designed for speed, and it has a beautiful map-based…
Buyers almost always include a home inspection condition when they make an offer on a house. The purpose of a home inspection is for the buyer to have a clear picture of what they're buying, so they are aware of the home's condition and get a good idea of what expenses they will face for maintenance and repairs. Buyers shouldn't expect any property to be perfect, and they shouldn't look at the home inspection as a re-negotiation tool. Still, in some cases, they will ask for concessions from the seller based on the inspection report. According to this American study, 29% of sellers either make minor repairs or reduce the sale price to close the deal.