If you have been tracking the market over the last 12 to 18 months as a prospective home buyer, you have probably noticed that prices have gone through the roof. You may have also experienced loss after losing out on your dream home in a multiple offer situation.
I have some good news for you. Buying a home in September might be a smart choice, for the following reasons.
1. Values are down
See our latest market (Ambergate Market Report). Buy a home now and on average you will pay around $30,000 LESS than you would have done in May or June 2021.
2. Home choices are better
For the last 18 months we have had much lower inventory levels and this has been one factor that has driven prices up. That combined with the attractiveness of single family during Covid times because they offer more living space and separation from the neighbours.
3. You beat the colder weather
Many people don’t want to move when it’s cold. Buy your home over the next 60 to 90 days and odds are you will be moving in when it’s still relatively warm.
To shop for ALL homes in the metro Edmonton area please go to our website www.AmbergateHomes.ca.
About the author:
You can read more about the author of this blog by clicking this link - Stuart Neal, Broker, REALTOR® & Team Lead.
For a personal consultation, call our broker owner Stuart Neal at: 780-760-2014.
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