No listing caught my eye on today’s hot sheet, so I will grace you with my real estate thought of the day! If you or someone you know are approved for a mortgage and looking to get into the real estate market NOW is your chance! The opportunities that today’s market holds for buyers hasn’t been around in a LONG time ( at least 5 years). We are seeing home prices decrease, number of listings increase and interest rates holding steady. This means that buyers have an opportunity to submit offers with conditions, and see a few homes before making a decision. Which, if you think about it, is the way it should be. Making the biggest purchase of your life based off of one 30 minute showing is pretty crazy.
I’ll repeat myself in case those in the back didn’t hear me, the second interest rates go down even in the slightest the flood gates will open and prices are going to increase AGAIN. You’ll either pay more on an interest rate or a higher sale price, at the end of the day you’re buying a mortgage payment and it just so happens to come with a roof over your head.
Check out today’s listings below
Interested in seeing what your neighbours home sold for?
Sign up below to Neighbourhood Sales and we’ll send you monthly sale prices of properties that have sold all conveniently organized by neighbourhood!