Edmonton Real Estate Blog

Here’s your weekly dose of Edmonton Mortgage Rates update!

The rates remains untouched as we go on with the month of June, this opens up the opportunity for you to buy that Edmonton home at a reasonable term.

You know we got your back,  Chita Metcalfe of Edmonton Mortgage Source is here to help you finance that Edmonton property. You can contact her for all your Edmonton mortgage needs.

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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Here’s your weekly dose of Edmonton Mortgage Rates update!

We just entered the first week of June but we could already saw some changes in the rates. The 3-year term mortgage rate just slid down by a whooping -0.18%. From 2.49%, now it’s 2.31%. While the 4-year term and 5-year term mortgage rates went down by -0.05%, the rest unchanged.

Take this opportunity to finally be able to have your own Edmonton home. Chita Metcalfe of Edmonton Mortgage Source is here to help you finance that Edmonton property. You can contact her for all your Edmonton mortgage needs.

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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Here’s your weekly dose of Edmonton Mortgage Rates update!

We are ending the month of May with the rates remaining unchanged. This is an opportunity for you to buy that Edmonton home at an affordable term.

To get you started, Chita Metcalfe of Edmonton Mortgage Source is here to help you finance that Edmonton property. You can contact her for all your Edmonton mortgage needs.

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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How do you know that the Edmonton house that you are looking at is the right Edmonton home for you? Is it gut feeling or is it the right price? Maybe it’s just plain ol love at first sight!

Here are some tips to help you find the right Edmonton home.

Don’t Believe the ‘Excitement’ (Good or Bad)

When looking for an Edmonton home in a particular area, do your own research of that neighbourhood. Is hot or not?  Don’t get carried away by the hype. The internet is one tool to use to find information about a certain location. Look for great insights into the area you’re considering for your next move.

Location

Be very clear about what matters to you. You want a property that delivers to you what you need now and also what you need in the future. Do you need access to major roads, public transportation, entertainment centers, schools etc?

If you want to be sure about the home’s location, then you could try to do some field work in the area. Try walking around, grab a coffee or a meal. Pretend that you are already living there. Experiencing firsthand the area gives you an idea for the reality of that location. This experience can inform your decision about whether you really want to live in that neighbourhood.

Expert

Talk to local real estate agents or even better hire one from the outset. You may think hiring an agent is expensive but in truth they can save you a whole lot of time and money. An agent can help you find the Edmonton home that you always dreamed and at the same time, can deal with all the intricacies of the buying process.

Upside Lookout

There are some locations hitting the bottom of a pricing cycle, so there are bargains to be had. Cooler periods in the housing market can be opportunity for you. It’s worth keeping an eye on interest rates and the latest market trends.  Your Real Estate agent can help you with that.

Inspect Smartly

Sellers naturally stage their properties to make sure they look their best when you visit them. Make sure to have your ‘A Game’ when inspecting. You don’t want any troubling leaks or pest problems in the near future after you buy your own Edmonton house. Hiring a certified and licensed home inspector can bring you peace of mind.

Knowing the state of the real estate market is useful to help you make your decision, but it shouldn’t be the only thing that motivates you. What matters in the end is whether it’s your time to buy for your own needs and circumstances.

Are you ready?

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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For a real estate agent, using superior skills and consistent marketing for listings is a sure way to develop new listings, as well as to sell properties that they have been hired to handle.

All Edmonton properties should get the same attention but of course, the more expensive a property is, the more there will be to market.

Here are some marketing strategies that can bring up real estate sales!

The Importance of Photography

No matter what the price of an Edmonton property, each listing should employ a professional photographer.  Photographs can awe or turnoff people. Photographs can be used on websites, social media, internet platforms, a variety of different print advertising, branding and more. High quality advertising is a must because it portrays the agent’s brand and what Edmonton properties they are marketing.

Own Website

It is ideal for Edmonton properties to have their own dedicated property-specific address or domain. The intention for this is to make it easier for buyers and agents to locate properties, especially with the internet being the largest resource of the real estate industry.

Online Presence

Accepting and utilizing the internet is the key in reaching a magnitude of young audience members planning to have their very own Edmonton home. Posting to different sites and using social media is just some of the ways you can use the internet to your advantage.

A philosopher once said “Every battles is won before it is fought”  The real estate industry is a battle field where only the ones with the best prepared strategies can survive the day to day skirmishes. Luck favors the prepared so prepare hard!

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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Here’s your weekly dose of Edmonton Mortgage Rates update!

The rates remains constant going through the last few weeks of May, which opens up the opportunity for you to buy that Edmonton home at a reasonable term.

You know that we got you,  Chita Metcalfe of Edmonton Mortgage Source is here to help you finance that Edmonton property. You can contact her for all your Edmonton mortgage needs.

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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Time and time again we hear stories of successful people around the world and they all have one thing in common – they worked hard to become experts in their fields!! They invested a lot of time, energy and practice into their fields of expertise.  And they weren’t afraid of the unknown. Looked upon it as a challenge. The same goes for the real estate industry – staying ahead of the competition means preparing so you can stay two or three steps ahead of everyone.

Here are some insights into preparing for buying and selling in the real estate market.

Research Local Pricing

When targeting a location, research the current price trends in that specific area. Look to see if the prices of Edmonton houses are accelerating faster in some locations than others. Check if the average Edmonton property is priced differently than in other neighboring cities. By doing so, this will provide you with an idea of where the biggest demand lies.

Mortgage Pre-approval

Getting pre-approved for a mortgage is favorable. The top advantage is a financial benefit. Once you are pre-approved for a mortgage, most lenders will lock in an interest rate for you for several months. This ensure that you get a lower interest rate if interest rates rise while you’re house hunting.

Look For Change

A sign that an area is up-and-coming and will be in demand in the future is the development of new infrastructure. When you see new roads, schools, malls and businesses being built, it’s a sign that the community is set to grow even more.

Know School Rankings

Access to quality education is a big selling point to new Edmonton home buyers.  When your are looking for an Edmonton property to invest in, check for schools that are moving up or are at the top of the rank list.  These are often desirable for parents.  There is a lot of useful information on school districts websites.

View the Outskirts

If Edmonton properties in a certain location have become overpriced, the areas on the outer fringes will most likely be in demand soon.  Values of areas close to major bus and rail transportation will certainly increase.

It pays to be prepared. When you want to be successful at something giving yourself whole heartedly. By preparing and expanding your horizons, new doors to worlds you can’t even dream of will open for you!!

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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It’s another beautiful Wednesday and to make extra amazing, here’s your weekly dose of Edmonton Mortgage Rates update!

The rates remains unchanged going through the month of May, which opens up the opportunity for you to buy that Edmonton home at an affordable term.

You know we got your back, so we partnered with Chita Metcalfe of Edmonton Mortgage Source to help you finance that Edmonton property. You can contact her for all your Edmonton mortgage needs.

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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Researchers and trade groups have estimated that the median price of Single Family Homes in Edmonton will be up 3% to 5% this year. While we are still in the early months of 2017, this year is heading in the direction of becoming another seller’s market for  Edmonton Real Estate.  If you are thinking it’s too late to start your real estate journey for 2017 then you are mistaken. With the economy moving forward and the year just getting started, there is still enough time for you to kick your home search into high gear.

Here are some tips for buying Edmonton real estate in a Sellers’ Market!

Don’t Overreach

If you end up participating in a bidding war, you may end up overspending. Then in a market where prices stabilize or sink, paying an inflated price initially can make it hard to resell.  Rather than winning a losing war, look at comparable homes in neighboring areas with similar schools and amenities. Set a bid limit and work to have other deals in the works so that you have other options to choose from.

Always Be Ready

Don’t wait until you find an Edmonton home to get a mortgage, keep yourself pre-approved. If you wait until you find an Edmonton property to get a mortgage, that Edmonton home you have your eye on might be snatched up long before you get approved.

Handy Professionals

Hire a Real Estate Agent to assist you with the buying process. Then after you put in an offer on an Edmonton house, hiring your own inspector to give you a thoroughly analysis of the property will give you a sense of security. Hiring a professional can save you time and money in the long run so consider them as a choice rather than doing everything yourself.

Seek Out Up-and-Coming Neighborhoods

When investing in the real estate market, look out for new or resurgent business centers, light-rail stations, new retailers, schools, restaurants and other commercial tenants. These are signs that prices of Edmonton homes in that area will increase when all the amenities are up and working.

Beware of Hidden Costs

There are hidden costs involved when buying an Edmonton property such as mortgage insurance (depends on your down payment and credit rating), property taxes and other pre-occupancy costs. Always prepare for surprises by having extra money in your bank account beyond the down payment.

Remember, it is never too late to invest in the real estate market. The time for you is now!!

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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Here is your weekly dose of Edmonton Mortgage Rates update!

The rates remain unchanged as we go through the month of May, which opens up the opportunity for you to buy that Edmonton home at an affordable term.

Our partner Chita Metcalfe of Edmonton Mortgage Source can help you finance that Edmonton property you’ve always dreamed of. You can contact her for all your Edmonton mortgage needs.

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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