TO THOSE WHO ARE CONSIDERING BUYING REAL ESTATE IN THE NEAR FUTURE...
**NOW is the time to do it! for 2 STRONG reasons...
1. There are still MANY wonderful homes out there to choose from and lots that are extremely reasonably priced. According to SRAR, these current stats dictate a "BUYERS MARKET" but this will not last for long! Every week the # of houses for sale in Saskatoon decreases, but sales stay strong which brings us closer to a "balanced market".
2. We were informed by mortgage professionals that there are strong rumblings of an INCREASE in premiums for those needing to use CMHC or Genworth when getting their mortage. This apparently is taking affect January 1, 2017. So if you had planned on only putting the MINIMUM DOWN (5% or 10% down) for your down payment YOU fall into this category. Which means higher monthly payments. EEK!!!
This especially goes out to the first time home buyers out there. Do it now before it gets harder and more expensive!!
I am always happy to help you or your family or friends in the buying or selling process. Pleae contact me to get started!