TGIF: 'Twas Two Fridays Before Christmas...

Friday, December 11, 2015

The federal Department of Finance is making serious statements about increasing the mandatory downpayment for real estate purchases from 5% to an amount between 10 & 20%. Obviously they are fearful about interest rates increasing, and sending mortgage payments to unaffordable levels. In the meantime, if you, or anyone you know, is taking that first step on the real estate ownership ladder, better get on it in the next couple of months. With many buyers and very low inventory, if you are a buyer the market is not your friend these days - we are! Let us help you through these unfriendly buyer times.
Only 10 shopping days left – good luck with the hustle and hassle. Take a deep breath and remember this is the season of peace and joy - let's carve out those few moments of quiet reflection and music. If you have any real estate questions, issues or simply want to chat to us about what is happening out there in the real, real estate market, please call us. We have you covered in every season!

Have a happy holiday season.
Enjoy the gatherings and the Christmas spirit.

Best wishes from all of us on the team - Sheila and Michelle.

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