Buying or Selling During the COVID-19 Pandemic
As the COVID-19 pandemic continues to spread, economies across the world are taking a hit, and Canada is no exception. Stocks are trending down, interest rates are at lows not seen since the 2008 financial crises, and consumers are anxious about ...
Posted by Gerard Hagan on May 4, 2020 in Edmonton Real Estate Buying Tips
Real Estate Supply And Demand
Just like any other good or service, the price of real estate is affected by the law of supply and demand. At its most basic level, when demand for homes is high and supply is low, prices tend to higher, and when demand is low, prices tend to be ...
Posted by Gerard Hagan on February 17, 2020 in Edmonton Real Estate
Answers to the Most Common Mortgage Questions
Purchasing a home may be the largest and most complex transaction you'll make during your lifetime. It's not an easy process, with many things to take into consideration, the most notable of which is the mortgage.
Mortgages come in all shapes and ...
Posted by Gerard Hagan on December 11, 2019 in Edmonton Mortgages
How the 50-30-20 Rule Can Help You Save for a down Payment
Getting the cash together for a down payment is no easy task. In Canada, a minimum of 5% of the purchase price of a home is required for a down payment. For most people, this translates to a substantial chunk of cash, and one that will be ...
Posted by Gerard Hagan on August 22, 2019 in Edmonton Real Estate Buying Tips
How to Save for a Down Payment When Purchasing A Home
If purchasing a home is one of your goals in the next few years, planning to save money for a down payment should be your top priority. In order to qualify for a mortgage in Canada, banks require a minimum of 5% of the sale price of a home. ...
Posted by Gerard Hagan on February 20, 2019 in Edmonton Real Estate Buying Tips
Can a man cave improve resale value?
Basement builders are seeing a rising popularity in ‘the man cave”. More basement renovations in Edmonton include transforming the home’s lower level into a room custom-built for recreation and though it’s named for the man ...
Posted by Gerard Hagan on February 14, 2019 in Edmonton Real Estate Selling Tips
Benefits Of Buying A Home In The Winter
For many people, Winter is the least favorite season. The roads are slippery, dressing up takes longer, and leisurely strolls to the local cafe become a hassle, especially when its 30 below with the windchill. And let's not forget having to put on ...
Posted by Gerard Hagan on January 22, 2019 in Edmonton Real Estate Buying Tips
Edmonton 2019 Housing Forecast
Those wanting to sell their home in the new year will be met with some not-so-good news. With an excess of houses up for sale, the Edmonton housing market forecast hints at slower sales and lower prices.
According to real estate firm, Royal LePage, ...
Posted by Gerard Hagan on December 18, 2018 in Edmonton Real Estate
5 Energy-Saving Tips for New Homeowners
Congratulations on the purchase of your new home! Now that you’ve unpacked all the boxes and set up your furniture how you like it, there are some easy home maintenance jobs you can do that will help improve your home’s energy ...
Posted by Gerard Hagan on December 10, 2018 in Edmonton Real Estate Buying Tips
Are You a Collector or Hoarder?
Do you have a fondness for collecting, be it comic books, coins, sport memorabilia, shoes, or ninja weapons?
Stars Wars fans fork over insane amounts of money for anything even tangentially related to the Star Wars franchise. Basketball fans wait ...
Posted by Gerard Hagan on October 23, 2018 in Edmonton Real Estate Buying Tips
CMHC Self-Employment Qualification Updates
On Monday, October 7, new guidelines from Canada Mortgage and Housing Corp. (CMHC) came into effect that could make it easier for self-employed individuals to qualify for mortgage financing.
The changes apply to individuals who have put down a down ...
Posted by Gerard Hagan on October 13, 2018 in Edmonton Mortgages
Tips For Buying and Selling a Home at the Same Time
Selling your home can take up a lot of time and energy. Showcasing your home to prospective buyers, advertising, negotiating, preparing a mountain of paperwork, etc. Now try doing that and buying a new home at the same time! While this may seem like ...
Posted by Gerard Hagan on September 22, 2018 in Edmonton Real Estate Buying Tips
How To Find The Right Insurance For Your Condo
If you own a condo, there are a few things you need to know to keep yourself from the different risks that come from owning one. Although a condominium association covers different parts of the complex, ...
Posted by Gerard Hagan on April 5, 2017 in Edmonton Real Estate
Drones: The New Way to Sell Edmonton Real Estate
Drones: The New Way to Sell Real Estate
A great number of real estate companies are turning towards drones to sell their properties. Although this option is not authorized in every city of the world, Edmonton MLS has gained a lot of resources by ...
Posted by Gerard Hagan on March 6, 2017 in Real Estate Technology
5 Real Estate Agent Tricks and How to Steer Clear of Them
Have you ever heard the saying one bad apple spoils the whole barrel? Well it is wholly untrue and, unfortunately, the same stereotype exists in every profession, including the real estate business. There are those who conduct themselves ...
Posted by Gerard Hagan on February 5, 2017 in Edmonton Real Estate
Home Buying During the Holidays: A Smart Decision?
Anyone who is familiar with the Art of War will know that military deception can be a key to success, in particular, diversion tactics. If a commander is outnumbered in warfare, creating a diversion can be what decides the outcome. Create a ...
Posted by Gerard Hagan on December 6, 2016 in Edmonton Real Estate Buying Tips
Keep Your Home Energy Efficient
Energy efficiency is a topic of particular importance to modern consumers. As more consensus is reached regarding how humanity’s actions affect the planet’s climate, it has become clearer to more people that environmentally conscious ...
Posted by Gerard Hagan on December 1, 2016 in Edmonton Real Estate
Concrete Countertops: Are they worth the investment?
So, you’ve decided to renovate your outdated kitchen in the hopes of improving their property value and accelerating your sale. You’ve always wanted to try out customized, concrete countertops, and are ...
Posted by Gerard Hagan on October 11, 2016 in Main
Re-Model Your Home Or Built A New One?
For Karen Becker, the sale of her home in the Southwest Edmonton neighbourhood of Skyrattler will be the end to an almost year-long saga. More than three years ago, Becker bought a 1980s-built house in the mature, treed neighbourhood with the ...
Posted by Gerard Hagan on June 14, 2016 in Edmonton Real Estate Buying Tips
Edmonton Real Estate Stats | April 2016
Prices in the Edmonton and Area market remain stable. For people looking to sell this is a good thing. Because the inventory is still high it remains a “Buyer’s Market”. So Seller’s definitely needed to price their homes ...
Posted by Gerard Hagan on May 20, 2016 in Edmonton Real Estate Statistics