You’ve assessed your finances and the housing market, and researched the various financial options open to you and your household. Then, you took the leap in applying for a mortgage – quite possibly the most significant money-related decision of your life. Now you play the waiting game.

This waiting period is perhaps one of the hardest parts of the home-buying process, determining if you have been approved or rejected for a home loan. While it can be challenging, especially in this red-hot Canadian real estate market, you can be confident in your prospects if you have taken the necessary steps and employed the right strategies to receive approval and attain the best mortgage rate.

But it is not time to throw caution to the wind. In fact, you…

79 Views, 0 Comments

Are the effects of the Bank of Canada’s (BoC) tightening cycle being felt in the Canadian real estate market?

For at least two years and probably longer than that, the nation’s housing market has been sizzling, with nearly every pocket of the country experiencing soaring prices and impressive sales activity. The laws of supply and demand have been in full force since the beginning of the coronavirus pandemic – inventory is low and demand has been strong – but historically low interest rates have also played a significant role.

When rates are low, prospective homeowners can take advantage of monetary conditions to increase their purchasing power and outcompete other buyers who may be interested in the same property. Now that rates are on the path…

114 Views, 0 Comments

canada day activities

If you're looking for something to do for Canada Day here in Lethbridge, we've gathered up some events for you to check out!

Hope to see you out  & about enjoying our wonderful country!

Henderson Lake Fireworks

The fireworks extravaganza begins at 11 p.m. to conclude the Canada Day celebrations.

Henderson Lake Mainstage

​Performances will begin at 12 p.m. and continue until the fireworks display at 11 p.m. This years Canada Day performers are presented by the Allied Arts Council. 

Stage Schedule

  • 11:00 a.m. - 12:00 p.m. Lethbridge Community Band
  • 12:00 p.m. - 1:00 p.m. Bridgette Yarwood Band
  • 1:00 p.m. - 1:20 p.m. Julie-Vanessa Munoz Dance
  • 1:20 p.m. - 2:30 p.m. Dave McCann
  • 2:30 p.m. - 3:00 p.m. Exisdance 
  • 3:00 p.m.…

154 Views, 0 Comments

Top Paint Colours of 2022

Every year, there is an elite selection of colours that are the “it” shades of the year. They are seen in virtually every relevant industry, from fashion and art to advertising, all the way down to the average person’s living room walls. Today, we’ll be talking about the top paint colours for 2022. In particular, we’ll focus on top paint brands, Benjamin Moore and Sherwin Williams, and their top colour trends.

History of the “Colour of the Year”

Colour of the Year didn’t become an official “thing” until 22 years ago, at the turn of the century. That was when Pantone, a colour-trendsetting brand that has been organizing colour standards for decades, first introduced the concept. The very first “colour of the year” was…

86 Views, 0 Comments

new homeowner_things to do asap

As a new homeowner, this is an exciting time in your life. You’ve just bought a new house and you’re getting ready to move. You spend your time daydreaming about where your furniture is going to go, creating floor plans, and writing out interior design ideas so that you can make your new house a home.

With all the excitement and celebrations typically involved with this milestone, it’s completely normal to focus on the fun things involved in buying a new home. However, it’s essential to take some safety measures and set yourself up for success before you settle into your new digs.

Before Closing

The period between your offer being accepted and approval on financing, and when the deal actually closes and you receive the…

91 Views, 0 Comments

Tips for Single Home Buyers

Buying a home is one of the most exciting times of your life, however, it can be extremely daunting for individuals looking to make the biggest purchase of your life. Buying a home as a single person can be intimidating, but we have some smart tips for single home buyers that will make the process much smoother.

With home prices across Canada rising at a fever pitch, entering the housing market as a solo act can carry more stress from a financial perspective than if you were going in with another person. However, each scenario has distinct advantages. For example, as a single you don’t have to consider another person’s needs and wants when it comes to finding your dream home. This means less compromising. If you work…

97 Views, 0 Comments

spring checklist for homeowners

With spring swirling in the air, it’s as if all of humanity has been brought back to life. For many, the start of the spring season means that it’s time to do a significant clean around the house. After months of being cooped up inside, practically everyone is looking forward to getting outside to enjoy the fresh air and sunlight. While it is common for people to purge their unneeded, unwanted clutter at the end of winter, things often get forgotten. Here are eight important things that should be included on every homeowner’s spring checklist this year.

Examine the Roof

During the winter months, the roof of your home takes a beating. After months of heavy snowfalls, wind storms and ice build-up, your roof shingles…

76 Views, 0 Comments

Outdoor Home Improvements

Canada has two seasons: winter, and renovation season. With spring in full swing, now is the perfect time to start planning your outdoor renovation and home improvement projects to plug away on, before winter rolls around again. Whether it’s the front yard or the backyard, or somewhere in between, there are plenty of easy and affordable projects that you can tackle that will boost your home’s curb appeal and help it stand out in your neighbourhood. Here are eight easy outdoor home improvements to consider that will create a more welcoming space for guests and will have you enjoying the great outdoors throughout the spring and summer, and beyond!

1. Give Your Front Door a Makeover

Let’s start with the focal point of…

103 Views, 0 Comments

Why is housing supply so low_construction

There is no other way to sugar-coat what is happening in Canada’s housing market: The nation is facing a severe supply shortage. Why is housing supply so low?

Current market conditions, be it record-low inventories or strengthening demand, have sparked a housing affordability crisis. With interest rates on the rise and an inevitable increase in the mortgage stress test, buying a home within typical Canadian incomes and budgets will become more difficult this year, and potential into the foreseeable future.

But while factors such as historically low-interest rates and pandemic-era pent-up savings have contributed to the current housing frenzy, the fundamental principle of supply and demand has been the chief component in today’s real…

70 Views, 0 Comments

A recent report from the Canadia Real Estate Association (CREA) revealed that two-thirds of the nation’s housing markets are slanted in favour of sellers. With supply failing to keep up with demand, this could be the top trend for the foreseeable future.

For years, housing development has been tepid, resulting in supply falling short of demand levels. This imbalance might be more intense in more-populous markets such as Toronto and Vancouver, but this trend is prevalent throughout Canada, leading to accelerating home prices.

Under current conditions, sellers who bought even five years ago would benefit from this tight housing market. Here’s how sellers win when housing inventory is low.

How Sellers Win When Housing Inventory Is Low

A…

130 Views, 0 Comments