Buy or Sell First in Edmonton's Market?

Navigating the housing market can feel like walking a tightrope. One of the biggest questions homeowners face is whether to sell their current home before buying a new one or to purchase first and then sell. This dilemma is particularly pressing in dynamic markets like Edmonton, AB, where conditions can shift rapidly. In this blog post, we'll explore the pros and cons of each approach, analyze current market trends in Edmonton, and provide practical tips to help you make an informed decision. Whether you're a seasoned homeowner or a first-time seller, understanding the nuances of buying and selling in today's market can empower you to make the best choice for your circumstances.

The Pros and Cons of Selling…

373 Views, 0 Comments

Read Full Post

Welcome to our tips and tricks on how to live comfortably in a staged home while maximizing its appeal for potential buyers. Selling your home doesn't have to conflict with your domestic comfort. With our comprehensive tips and strategies, you can maintain a show-ready home without breaking a sweat.

Why should a staged home be maintained?

A staged home should be kept in mint condition because a well-organized, clutter-free home triggers positive emotions in potential buyers. They can easily picture themselves living there, leading to faster, better offers. A single cluttered or untidy space can break this connection, so maintaining a show-ready home is crucial to encouraging potential buyers to envision a happy life there.

Tip #1: Develop a Daily…

283 Views, 0 Comments

Read Full Post

September Real Estate Statistics Are Here!

It’s an exciting time to be a part of the bustling Edmonton real estate market! As an experienced brokerage in this vibrant community, it’s our pleasure to share with you the latest data from the REALTORS® Association of Edmonton and shed light on what it could mean for you, whether you’re buying, selling, or simply keeping an eye on the market.

Unit Sales

Despite a decrease in unit sales during August and September 2024, with 2,591 and 2,256 residential unit sales respectively, we’ve seen a consistent year-over-year growth. In comparison to 2023, unit sales were up by eye-opening percentages of 15.8% and 10.0%. This suggests that although the market has cooled from its previous months, it remains…

438 Views, 0 Comments

Read Full Post

Beware of Real Estate Fraud in Canada: Understanding & Navigating the Landscape

Being in the real estate market can be a thrilling venture. It offers untold opportunities for homebuyers and investors alike. However, this venture can quickly transform from exciting to devastating if you fall victim to real estate fraud. In Canada, a variety of scams are specifically tailored to exploit unwary homebuyers, renters, and investors. This blog will detail some of these scams, explore the options available for recourse, and give you some tips to protect yourself from becoming another statistic.

Understanding Real Estate Fraud in Canada

Real estate fraud covers a broad spectrum of illegal practices. Scams typically involve forgery, misrepresentation, and…

440 Views, 0 Comments

Read Full Post

Credit Score Insights for Home Buyers and Sellers

When it comes to buying or selling a home, understanding your credit score can make a world of difference. Your credit score, often termed as your credit rating, plays a crucial role in determining whether you'll get approved for a mortgage and at what interest rate. Let's explore how you can manage your credit score effectively to ensure smoother transactions and better financial outcomes.


The Importance of Credit Score in Mortgage Approval

A credit score is a numerical representation of your creditworthiness, ranging from 300 to 900. Lenders use this score to assess the risk of lending you money for significant purchases, such as a home. Simply put, the higher your credit score, the more…

316 Views, 0 Comments

Read Full Post

Space-Enhancing Tips for Your Home in Edmonton, AB

If you're a homeowner or looking to sell your home in Edmonton, AB, you might be wondering how to make the most of your small spaces. Whether you're dealing with a cozy apartment or a compact house, there are several strategies you can employ to make even the tiniest rooms feel spacious and inviting. Here are some expert tips to transform your home.

1. Use Light, Neutral Colors

Choosing the right color palette can make a world of difference. Light, neutral colors like whites, beiges, and soft grays can create an open, airy feel. They reflect natural light, making the room appear larger and brighter.

2. Maximize Natural Light

Edmonton enjoys abundant natural light, especially during the…

287 Views, 0 Comments

Read Full Post

Welcome To Terrace Heights, Edmonton

Nestled in the southeastern part of Edmonton, Terrace Heights is a vibrant community offering the perfect blend of suburban charm and urban convenience. Here’s a closer look at what makes Terrace Heights an attractive neighborhood for first-time home buyers, seasoned investors, and everyone in between.

Key Attractions and Landmarks

Commercial Amenities

Terrace Heights boasts a variety of commercial amenities along 101 Ave NW, catering to diverse needs and preferences. Whether you're looking to grab a quick bite at Dominos or Hawaiian Poke and More, or need specialized services like those offered at Fast Trax Run and XC Ski Shop and Soul 2 Sole Massage and Physiotherapy, you’ll find everything you need…

309 Views, 0 Comments

Read Full Post

 

Use The Full Power Of Your Mortgage

As real estate agents, we are always on the lookout for financial tools that can benefit our clients. That's why today we want to discuss a product that is not only beneficial but also highly flexible - the Re-advanceable Mortgage, also known as a Home Equity Line of Credit (HELOC) or a Re-advanceable Equity Line of Credit (RELOC).

Here are some of the pros and cons of a Readvanceable Mortgage that we believe are important for you, as a homeowner or potential homeowner, to consider.

Pros:

  1. Revolving Credit Facility: Readvanceable mortgage allows you to access a revolving line of credit as you make your regular mortgage payments. As you pay down your mortgage, your line of credit limit increases,…

336 Views, 0 Comments

Read Full Post

Discovering Trumpeter in Edmonton AB

Are you on the hunt for a new home in Edmonton, AB? One hidden gem that you might want to consider is the community of Trumpeter. Nestled in the northwest corner of the city, Trumpeter offers a blend of natural beauty, modern amenities, and diverse housing options. In this blog post, we'll take you on a tour of Trumpeter, highlighting its history, homes, schools, and amenities. By the end, you'll see why so many families are eager to call this place home.

A Glimpse Into Trumpeter’s History and Charm

Trumpeter is a relatively new neighbourhood in Edmonton, but it has quickly established itself as a desirable place to live. The community is named after Trumpeter Swans, reflecting the area's commitment to…

365 Views, 0 Comments

Read Full Post

Winter Prep: for Homeowners in Edmonton

Winter is coming, and preparing your home beforehand can save you time, money, and a lot of headaches. If you're a homeowner, especially a new one, this quick blog will help you tackle the essential tasks to get your house winter-ready.

The First Thing You Should Do to Get Your Edmonton Home Ready for Winter

1. Drain and Turn Off Outside Water Spouts

Why is it important?

One of the first things you should do as part of your winter prep routine is to drain and turn off outside water spouts. This simple task can prevent water from freezing in your pipes, which can lead to bursting and costly repairs.

How to do it?

  • Locate your outdoor spigots.
  • Disconnect any hoses attached to the spouts.
  • …

260 Views, 0 Comments

Read Full Post