Edmonton Mortgage Broker

My buyers got a fantastic deal on this one! Exactly a year ago a house like this could have had many multiple offers and gone well over list with different realtors fist fighting and wrestling on the driveway waiting to get in for showings... BUT now our buyers were able to negotiate a very fair price for this great family home that is renovated backing a green space and with a beautifully finished basement and landscaping! Now is a great time to be shopping!

Couple of bros catching a sunrise at the Edmonton convention centre for the Realtors Association of Edmonton housing forecast!!

They think prices will go down a little bit in the short term but remain higher than the past when looking at the long term!

Edmonton has a promising economic outlook and is very affordable. Also there is still an on going shortage of housing (especially single family homes) nation wide so hit me up and buy a house.

New stats are always exciting! I love economics!

We are starting to see prices slip! Sales are down with the demand decreasing as buyers wait and see and are priced out by rising rates!

The supply; new listings, has also shifted down as sellers wait for better conditions. When both supply and demand go down in proportion the price stays the same. Now we see prices going down because buyers are even more cautious than the listers.

If the buyers don't come come out of hibernation in the spring and more and more people are forced to list because of increased mortgage payments at renewal then watch out for the deals! Further risks could include rates rise much further if the central bank can not start reaching its inflation targets.

We are coming off a really hot year and there has been many changes in rates very quickly. Further complicating things is how well Alberta is doing relative to Canada and the world and increased oil prices and government surpluses!

My advice to buyers rather than wait for prices to drop is to be aggressive trying to secure unique features and to really push the value you get for your money. Its really hard to say if waiting is actually going to be worth it!

For sellers you really need to do everything possible to help yourself to try and not get stalled in a declining market! Everything means everything you can really help yourself if you work at it.

Real estate is unique because we all need to live somewhere! If you gotta move you gotta move! Call me anytime to talk it through I am always happy to help my friends!

EXCITING NEWS!!!!

I recently upgraded my Realtor licence to a Broker license and opened a new Real estate brokerage! This is the company I own and operate now: Town And City Realty!

There were many reasons. Financially it was a very good move as this new structure really helps me and the team make and save more money. Saving money helps everyone especially the team and the clients. Now I can pass more savings on to sellers and agents when we sell.

Another big reason for the new brokerage is now I can help MANAGE RENTAL PROPERTIES AS A PROPERTY MANAGER!!! If you or anyone you know needs help with managing a rental property I would be delighted to help.

If you are a Realtor reading this why not come and get a better deal? Help yourself and your team be more successful. Its not easy doing what we do being all commission and paying big bucks just to go to work puts a lot of pressure on us. Especially if you have a team or a broker license yourself I want to talk to and work with you.

12 years ago I got into the Real Estate game as a Mortgage broker, and now I have also been a Realtor for almost 9 years. Now adding Property Manager and Broker seems like the natural step as I have always worked to be the one stop shop.

I would have never got this far without you all my amazing friends and colleagues. None of this is possible without you and I feel so grateful to be able to do what I do and to be able to work with you all! THANK YOU THANK YOU THANK YOU!!!!!

LONG LIVE TOWN AND CITY REALTY!!!!

Fantastic sale in OTTEWELL!!! Hard work does pay off! My sellers worked really hard getting the house ready, during the showings and dealing with some surprises and now they are SOLD!!! Best part of being a seller in this market is getting to be be a buyer after!! Now is a fantastic opportunity to move up to a bigger home!! :D

Did you know for our listings we use a staging designer and professional photographer with no cost to the client? It gives our clients a competitive advantage and great results. Call or text John at 780-990-6809 if you’re thinking of listing your house or have any questions at all - he’s here to help!

The market is a little bit slower but people always need a place to live, and a good strategy can result in a sale!

It’s time for our annual end of summer fire sale!! 🔥 These are the different properties we have for sale - some really great deals! 🙌 Call or text me any time for more information 780-990-6809

SOLD!!! There is opportunity in this market! This property was an absolute gem. It had such a rare lot - the most insane ravine backing. The rising interest rates and the possibility of the slowing market allowed my buyers to snag a rare property with incredible value!!. Buying when everyone is scared can get you some crazy good deals. 👏🙌🥂

SOLD!!! This house sold over asking price with multiple offers! Even with the market slowing down a bit a good strategy can lead to a successful sale. Congrats everyone! 👏🙌🥂

I love my Solar panels! Such a great investment, they offer a steady consistent return, had a great rebate and contribute to the overall value of the house. The next step is to try and buy a plug in hybrid to cut out gas expenses! I really recommend doing it if you have been thinking of it! ☀️

The market has started to cool down. It’s still very up from this time last year, but now we can see the spring rush is slowing with month over month prices & sales down with listings up! Spring came early and now its time for SUMMER!

*Statistical data from Real Estate Association of Edmonton*.

Last time they raised interest rates by .5% we definitely noticed things slow down in the market. They just did another .5% increase in rates today, and this will make it slightly harder for people to qualify for a mortgage and in turn will make the housing market cool off a bit - but this is not all bad news! The higher rates are tougher, but it also means that the economy’s growth is more stable as opposed to overheated - which is good new for buyers, meaning the market will not be as crazy & competitive.

A good analogy for our overheated economy as of late is to imagine going to West Edmonton Mall on a long weekend and competing for a parking spot before you even get in the mall. So thankfully, we can expect a bit of reprieve from this madness!

SOLD!!! We had multiple offers on this one - when our first deal fell through, the situation was saved by going with another offer and still getting way over list. Multiple offer insurance! 😁

SOLD!!! Another very successful sale! Good strategy, patience and good faith paid off with this one. We had to work a bit more with the buyers as they got their financing together, but it all came together, selling well over list price with multiple offers!
👏 🙌 🥂

SOLD!!! By working closely with the seller on this property & by pricing the house right, we were able to get multiple offers and it sold well over list price unconditionally on the first weekend! Definitely maximized the sale price on this one! 👏 🙌 🥂

SOLD!!! The best part of my job is working with friends. Congrats on your beautiful new home!! 👏 🙌 🥂

SOLD!!! The best part of my job is working with friends. Congrats on your beautiful new home!! 👏 🙌 🥂

SOLD!!! We knew we had something rare with the legal suite on this property, but we knew we still had to price it fairly. Sure enough, it sold for 30,000 over ask unconditionally with multiple offers on the first weekend! The clients were beyond happy. Congratulations everyone! 🥂

SOLD!!! Kudos to the client for putting in the work & following our pricing strategy allowing us to get an unconditional offer 20K over list price on the first weekend!! 🙌 Congrats to our client! 🥂

SOLD!!! Teamwork makes the dream work! Working with Jaime Hager has been really incredible. He has such amazing work ethic, and working together is elevating us all. Here is one of his 4 sales from last month! 🙌

SOLD!!! It’s always a pleasure working with good friends. Hard work pays off, and this client did a really good job getting the property ready - it sold for 100% list price the first weekend. Congrats!!! 🥂

SOLD!!! When we wrote this contract there were very few 4 bedroom houses available in St. Albert and my clients wanted all 3 of their kids to be on the same floor. By acting decisively on this one we got one of the only 4 bedroom homes listed. Congrats everyone!! 🥂

SOLD!! In this hot market, our communication and groundwork with our clients allowed us to win multiple offers by having a decisive & well executed strategy. This is an incredible property and it went to incredible clients. Congrats 🥂 !! Call John to buy or list your property today! ✅ 📞 (780)990-6809

These are the Canada-wide stats for 2021 - definitely some upward pressure! The market in Edmonton is certainly heating up, but I'm still grateful to be living where it's a bit more stable!

"Edmonton housing prices increased in 2021, demand continuing to outpace supply in 2022." Housing prices have been going up because there's a supply shortage. Though we've noticed it's been getting tougher for buyers out there, it looks like this boom will continue!

https://edmonton.ctvnews.ca/edmonton-area-housing-prices-increased-in-2021-demand-continuing-to-outpace-supply-in-2022-1.5740031

Edmonton-area housing prices increased in 2021, demand continuing to outpace supply in 2022 Housing prices increased significantly in Edmonton last year, with double-digit gains for detached properties, new data from Royal LePage shows.

We were looking for content to post about goals and Google sent us this page that’s quite amazing and encompasses most areas of life! I really like reflecting on this stuff. I know I myself have really changed and grown as a person over the many years and my life is much better for it. Currently my main goal is the rental property renovation and reconstructing the LEGO sets of my childhood 😁 ! I really encourage everyone to take some time to reflect, especially after that crazy year we’ve had. Happy New Year everyone!🙌 🥳

https://www.indeed.com/.../list-of-goals-set-for-yourself

Here is an incredible tool from the Canadian Real Estate Association showing how prices have been rising across the country. It is hard to comprehend the changes in the Greater Toronto and Vancouver market areas! I am glad housing is still affordable in Edmonton but these low interest rates and supply shortages are having an effect across the whole country!
https://www.crea.ca/housing-market-stats/national-price-map/

National Price Map – CREA The Canadian Real Estate Association compiles monthly statistics on activity over Multiple Listing Service® Systems of Canadian Real Estate Boards and Associations.

This client did absolutely everything they could getting their house ready to sell - painting, staging, and pricing it well. When the first offer fell through, because we had multiple offers we were still able to get over list price with our backup offer. Hard work pays off, and it’s great when a plan works out 🙌 😁 🙌 !

This client did absolutely everything they could getting their house ready to sell - painting, staging, and pricing it well. When the first offer fell through, because we had multiple offers we were still able to get over list price with our backup offer. Hard work pays off, and it’s great when a plan works out 🙌 😁 🙌 !

SOLD!!!
For this house, the client painted in preparation to sell. By pricing it right and having modern paint, we were able to get multiple offers close the deal easily. 🙌 ✅ 🙌

SOLD!!!
For this house, the client painted in preparation to sell. By pricing it right and having modern paint, we were able to get multiple offers close the deal easily. 🙌 ✅ 🙌