Oct. 1, 2020

Real Estate Tips & Advice for October 1st, 2020

News, Tips and advice for home buyers and owners

๐Ÿ‡บ๐Ÿ‡ธ ๐™„๐™ฃ๐™ฉ๐™š๐™ง๐™ฃ๐™–๐™ฉ๐™ž๐™ค๐™ฃ๐™–๐™ก ๐™๐™š๐™–๐™ก ๐™€๐™จ๐™ฉ๐™–๐™ฉ๐™š ๐™‰๐™š๐™ฌ๐™จย ๐Ÿ“ฐย 

ย ย ย ย ย ย ย ย ย ย ย Real estate markets in the U.S. are quite hot right now.ย Buyer demand far exceeding inventory.ย Low interest rates and seller reluctance to sell are the key reasons given.

๐Ÿ‡จ๐Ÿ‡ฆย ๐˜พ๐™–๐™ฃ๐™–๐™™๐™ž๐™–๐™ฃ ๐™๐™š๐™–๐™ก ๐™€๐™จ๐™ฉ๐™–๐™ฉ๐™š ๐™‰๐™š๐™ฌ๐™จย ๐Ÿ“ฐย 

ย ย ย ย ย ย ย ย ย ย ย Moodyโ€™s Analytics expects Canadaโ€™s real estate value to take a downturn next year, especially in Calgary & Edmonton (10%),ย Toronto (9%) and Vancouver (7%).ย Smaller markets are expected to fare better, due to increased demand for larger homes and more space at affordable prices.ย (Winnipeg)

๐Ÿž๏ธย ๐™’๐™ž๐™ฃ๐™ฃ๐™ž๐™ฅ๐™š๐™œ ๐™๐™š๐™–๐™ก ๐™€๐™จ๐™ฉ๐™–๐™ฉ๐™š ๐™‰๐™š๐™ฌ๐™จย ๐Ÿ“ฐย 

ย ย ย ย ย ย ย ย ย ย ย Winnipeg remains a hot sellers market, especially for houses under 400K.ย High buyer demand and 45% fewer listings than last year same time.

ย ย ย ย ย ย ย ย ย ย ย Pandemic stage orange has been instituted and masks are mandatory in public places.ย Still going to Open Houses?ย Be careful out there.

โ˜Ž๏ธย ๐™‹๐™๐™ค๐™ฃ๐™š ๐˜พ๐™–๐™ก๐™ก ๐™’๐™ž๐™ฉ๐™ ๐™ˆ๐™ค๐™ง๐™ฉ๐™œ๐™–๐™œ๐™š ๐™ˆ๐™ž๐™ ๐™šย ๐Ÿ’นย 

ย ย ย ย ย ย ย ย ย ย ย Mike Schroeder of Mortgage Architects tell us about alternatives to CMHC, which include Canada Guarantee and Genworth.ย Both of these allow buyers to buy โ€˜more houseโ€™ than CMHC.ย Mortgage Brokers offer access to all three insurers, which can help buyers, especially ones with bruised credit or new to Canada.

ย ๐Ÿ“†ย ๐™๐™๐™ž๐™จ ๐™’๐™š๐™š๐™  ๐™ค๐™ฃ ๐™ฉ๐™๐™š ๐˜ฝ๐™ก๐™ค๐™œย ย ๐Ÿ“ญย 

ย ย ย ย ย ย ย ย ย ย ย New post titled โ€œ8 things you can do to protect your plants this winterโ€.ย Winter is coming, and protecting your plants will help them thrive in the spring.

ย ๐Ÿ”ฆย ย ๐™Ž๐™ฅ๐™ค๐™ฉ๐™ก๐™ž๐™œ๐™๐™ฉ ๐™ค๐™ฃ ๐™ก๐™ค๐™˜๐™–๐™ก ๐™—๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จย ๐Ÿชย ย 

ย ย ย ย ย ย ย ย ย ย ย Itโ€™s time to check your furnaces.ย By signed up to Aire-Serv Heating and A/C Maintenance Plan, you get a furnace check and clean now, plus an A/C check in the springtime.ย Also included is a 10-15% discount on any needed repair parts and labour.ย All for $190 plus taxes.ย Go to Aire-Serv Heating and A/C

ย ๐Ÿ‘ชย ๐Ÿ—ฏย ย ๐™๐™ž๐™ฃ๐™–๐™ก ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ๐™จ ๐™–๐™ฃ๐™™ ๐™‡๐™ž๐™ฃ๐™ ๐™จย ย ๐Ÿ–ฅย ย 

ย ย ย ย ย ย ย ย ย ย ย Next week weโ€™ll have another call with Mortgage Mike, more news and updates, as well as answering a listeners question: โ€œHow to upgrade my 1980โ€™s houseโ€.

For more real estate info, check my blog at https://blog.winnipeghomefinder.com

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Cert. Luxury Home Marketing Specialist

Accredited Buyer Representative

Direct:  204-333-2202

Web: Https://Winnipeghomefinder.com