CanmoreRealEstate.pro

News & Market Updates

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“Mortgage”

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- How is the Canmore market doing? We have been asked this question many times over the past few weeks. As the Covid-19 event has progressed, many have been wondering how this will affect our real estate market. None of us know for certain...

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- Best case scenario forecast shows Canada’s aggregate home price could grow a modest 1% by the end of 2020If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is...

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- We Work Hard to Keep You Informed: Notes from Your Team ~ Jordy & Jim Steady Market & Sales Rise Towards Spring As we move into March, we see steadily increasing activity with new buyers excited about entering the market. Our listing...

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Buy Or Sell
- Photo by: Terra Mallorca Which is better? To make an offer and then put your house on the market? Or, get an offer before looking for your next dream home? Moving from one property to another may be a much-needed step in most...

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- Canadian households should start to see a lower trend for the debt service ratio in 2020 according to a new report from TD Economics. Economists have been looking back over 2019 and made predictions for the new year and note that interest...

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- The mortgage stress test, extended to uninsured mortgages in January 2018, has generated a diversity of opinions. Its proponents argue that the stress test has introduced financial discipline while not hurting prospective homebuyers. The...

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Dsc 2801 And8More
- Year to Date Sale Numbers up 14% We hope that you have been enjoying your summer. After a tough start weather wise Canmore and Banff are enjoying long warm days, perfect for all your mountain adventures. 2019 has continued to be very...

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- Slightly reducing down payments and saving surplus cash in a reserve account could mean lower mortgage defaults according to a recent study. The JPMorgan Chase Institute found that when borrowers have less than three months’ mortgage...

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- Photo Credit: Tierra Mallorca - www.tierra-mallorca.com Click here for full article: Ottawa to Help First Time Buyers Lower Mortgage Payments A new federal program designed to help middle class families get on the housing ladder is...

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- Should You Break Your Fixed-Rate Mortgage Contract? Are you thinking about breaking your fixed-rate mortgage? While traditionally considered a financial faux-pas, many Canadians choose to break their fixed-rate mortgage when they find...

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Team 2019 4 2 Downsized

Jordy Shepherd and Jim Mamalis

Realtors ®
403.493.4663