There is no doubt that it is a great time for first time home buyers here in Winnipeg. Winnipeg REALTORS®️has the stats to show it,* the economy remains strong and interest rates extremely low making it cheaper then ever to borrow money. Low interest rates give home buyers today more favourable terms then ever before when it comes to borrowing money. While high supply in the Winnipeg market gives buyers options! Many options, fewer biding wars, more selection and ultimately more opportunity!
More opportunity means more power & Spider Man's Uncle Ben said it best, "With great power comes great responsibility." A responsibility that I do not take lightly!
When planning to buy a home it is extremely important to know both your short term and long term goals. Knowing your goals will allow you to set your budget accordingly, choose the right neighbourhood for you, as well as establish which home features and amenities are most important to you. Some less obvious (but equally important) considerations, such as resale value, any immediate renovations to be done, and knowing the level of general maintenance involved. Knowing your goals will allow you to navigate more clearly through the market, and ultimately benefit you the most in both the short and long run! So while the market is favourable for buyers, it is still extremely important to work with a professional, stay informed, and know your goals!
I can help you put together a plan based on your unique goals and current situation. Contact me, at email@example.com for your free consultation.
*Contact me firstname.lastname@example.org for more information and STATS regarding the Winnipeg housing market.