Whether purchasing or selling your home, it's a HUGE decision! There are so many factors that come into play when you come to make this decision. It's not easy! What's best for the family? What area are we going to move to? Are we downsizing, or upsizing? How far is the commute going to be for work, or school? Buying or selling real estate is one of the most stressful/rewarding procedures families go through!
When selling real estate, we would all like to make a profit, right? I think that's the ultimate goal for everyone. It doesn't always work out that way, as we all know. People who bought in 2007 are having a hard time breaking even. It's been 5 years since the market in Edmonton climaxed and many home owners are still recovering. When purchasing a home as an investment or to live in, consider owning it for 5 years or more. After 5 years of mortgage payments, and some sort of down payment, ideally you will have equity in your home. This is what makes real estate generally a more sound, stable investment.
Luckily, the real estate market in Edmonton and greater area is stable. Whether you decide to sell or buy, we're here to help!