July 2020 RSS Feed

Found 6 blog entries for July 2020.

Once you have worked with your Realtor to plan the sale of your home, you need to roll up your sleeves and prepare your home for a marketing blitz and viewing.

Preparing your home takes objectivity. Look at your home through the eyes of the buyer and ask yourself what you would expect. Even better, ask your agent to take you to competing open houses in your area, so you can see the condition of homes you’re trying to beat. Remember that most buyers are viewing at least a dozen homes before they make an offer. Yours needs to stack up against the competition.

Property Risk Protection
  • Declutter your home.
  • Make minor repairs.
  • Paint the interior and exterior (if applicable).
  • Tidy-up outdoor areas.
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Bank maintains overnight benchmark rate at 0.25%

As expected, the Bank of Canada announced that it is holding its key interest rate target at 0.25%, acknowledging an “extremely uncertain” economic outlook and the hefty impact of COVID-19. The Bank will also continue to buy Canada bonds at a cost of at least $5 billion per week, to help keep interest rates low and markets functioning well. Together, these measures are intended to promote economic recovery as restrictions continue to ease across the country.

The next interest rate announcement is scheduled on September 9, 2020. Read the release below:

While economies are re-opening, the global and Canadian outlook is extremely uncertain, given the unpredictability of the course of the…

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Open House 

Saturday July 18 1-3PM

 

PRICE REDUCED !!! Here is you chance to be a part of a special adult community in Parkbridge Estates!This very well kept home is one of the newest in the park built in 2015, it's almost like new, and still has warranty included.

3331 31 St S

 

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Buying a home is a big investment and a huge commitment, but most homeowners will attest that the pay-off is worth the pains and strains of making those regular mortgage payments. Most people focus on their mortgage interest rate as a way of saving money (or at least, ensuring more of it goes toward your principal), but there are other ways to decrease the amount paid in interest. One way is to pay your mortgage off faster. More on that below, but let’s start with a basic mortgage 101.

What is a mortgage?

In order to buy a home in Canada, you’ll need a down payment of at least five per cent of the home’s purchase price (but it can be more). These funds are typically saved over time and can be boosted with the help of programs such as the…

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OPEN HOUSE 

Saturday July 11  1-3 PM

Tucked in a quiet mature crescent in desirable Lakeview area in south-east Lethbridge and in very close proximity to every conceivable amenity, parks and schools.

Fully developed, this home offers three bedrooms, 2.5 bathrooms, bright open south east facing kitchen and living room.

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Canadian real estate kicked off 2020 with a bang, but there are conflicting opinions as to how we’ll finish out the year. Canada’s federal housing agency has warned that average house prices could fall by up to 18 per cent over the next 12 months – a dismal prediction that’s being challenged by RE/MAX based on market activity from coast to coast.

Basic economics has taught us that supply and demand dictates housing prices, and according to what RE/MAX brokers are reporting at ground level, housing inventory is down in many markets, demand is still high, and multiple offers are a common scenario. Assuming that demand continues its current course, Canadian real estate prices will likely remain relatively stable or experience a single-digit price…

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