Real Estate Tips, Advice & News for October 1st, 2020
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09/30/2020

Real Estate Tips, Advice & News for October 1st, 2020

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™จ ๐Ÿ“ฐ 

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

๐Ÿ‡จ๐Ÿ‡ฆ 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™จ ๐Ÿ“ฐ 

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

๐Ÿž๏ธ 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™จ ๐Ÿ“ฐ 

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

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

โ˜Ž๏ธ 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™š ๐Ÿ’น 

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

 ๐Ÿ“† ๐™๐™๐™ž๐™จ ๐™’๐™š๐™š๐™  ๐™ค๐™ฃ ๐™ฉ๐™๐™š ๐˜ฝ๐™ก๐™ค๐™œ  ๐Ÿ“ญ 

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

 ๐Ÿ”ฆ  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™จ ๐Ÿช  

           Itโ€™s time to check your furnaces. 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. Also included is a 10-15% discount on any needed repair parts and labour. All for $190 plus taxes. Go to Aire-Serv Heating and A/C

 ๐Ÿ‘ช ๐Ÿ—ฏ  ๐™๐™ž๐™ฃ๐™–๐™ก ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ๐™จ ๐™–๐™ฃ๐™™ ๐™‡๐™ž๐™ฃ๐™ ๐™จ  ๐Ÿ–ฅ  

           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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