Ready to upsize or downsize your current home? Whether you need extra room for an office or nursery, or a smaller home that requires less upkeep and cost, Coldwell Banker can help you ‘rightsize’ and make the move toward your perfect home. Your local Coldwell Banker sales professional can help you define your goals and discuss your options. We can even help you ‘crunch the numbers’. Call us and let’s talk real estate!
Are You Keeping Score?
If you’re dreaming of buying a home, you should know the score — your credit score, that is. This three-digit number is the code that can unlock the door to a mortgage approval, or even a better interest rate on a mortgage or home improvement loan.
Your score is based on such things as paying your bills on time, how many credit accounts you have, and numerous other factors. Your score doesn’t have to be perfect, but if it isn’t as strong as you’d like, you can do something about it. Changing some financial habits can improve your score and make you a stronger candidate for a great loan rate.
If you see a new home in your future, check out your credit score now.
Help for home buyers
Buying a home for the first time is exciting, but it can also be daunting, especially in today’s challenging market. When making one of the most important financial decisions of your life, you need the trusted advice of a knowledgeable real estate professional. I’m here to guide you in the right direction and provide home-buying tips to help you make a smart move.
Let’s talk real estate and consider your options. After all, I’ve been around the block before.
According to the latest MLS® forecast released by The Canadian Real Estate Association (CREA), national home sales are already heading for a record year in 2021.
The national average price is forecast to rise by 9.1% to $620,400.
Shortages of supply, particularly in Ontario, will limit sales and keep pressure on pricing.
Sales are expected to ease back as the year progresses, but a record is still expected.
National home sales are forecast to rise 7.2% in 2021, to around 584,000 units.
Demand and price gains are expected to be especially high for larger single-family homes, as buyers compete for desirable properties.
Reasons for seller optimism
The outlook for real estate in 2021 is very positive and there are many reasons for Canadian home sellers to be optimistic:
More millennials entering their home buying years will create a new wave of buyers
International migration will continue to fuel demand for housing
Historically low inventory has created a backlog of pent-up demand
The Bank of Canada indicates it will hold interest rates at historic lows
Canada’s rebounding economy is expected to grow about 4% in 2021 & 2022
Let’s Get Organized!
Some cultures say you can promote happiness by eliminating clutter, allowing only items that make you happy and are useful to live in your home. By removing things that don’t bring you joy, you’ll experience less stress and have more time. The less is more approach means your home will be easier to navigate and show better to homebuyers, so let’s get organized!
Start small, one closet or drawer at a time.
Assign a permanent home for every item.
Label or use clear containers so you can see contents at a glance.
Keep only beautiful, favourite or currently useful items.
Don’t let guilt persuade you to keep things you don’t need.
Are you considering/contemplating making a move, whether to enter home ownership, upsize, downsize? Contact us and let’s talk. We can map out together, a personal strategy that will best suit your needs.
Gary & Debbie Baverstock
Broker of Record/Broker
Coldwell Banker Gary Baverstock Realty, Brokerage
145 Gordon Street
CAMBRIDGE, ON N1S4K7
519-622-7677 (Office), 888-218-6589 (Toll Free)