Bo Knows Real Estate

ShowNotes at https://boknows.homes/142 ( https://boknows.homes/142)
Get our Free Podcast App, available for Apple and Android devices by going to https://boknows.homes/apps (boknows.homes/apps)
In today's episode, Number 142, our main topic will be "Mortgage Options for Buyers who are New To Canada". We'll also touch on a few points on how to get your home ready to sell in the springtime, and talk about some home insurance options.
As (hopefully) most of you know, I'm a professional real estate agent, specializing in helping home and condo buyers and sellers in the Winnipeg market area. Thats how I earn my living and I absolutely love what I do.
I love interacting with people, explaining and teaching new things about real estate and home ownership, educating buyers and sellers in the process.
Thats how this podcast was born. It's a labour of love, I dont charge for ad spots, or collect money from it directly. If I mention or promote a local business or service, it's because I have either used it myself, or recommended it to friends and family and have had great feedback.
So if you find this podcast helpful, please download the free podcast app right to your phone. Its super easy, just go to boknows.homes/apps and you can chose from apple or android apps.
This Week on the BlogWe're just entering the late fall of 2020, but if you're thinking of selling your home in the spring next year, NOW is the time to start planning. Call your agent now, to do a walk-thru and give you honest and direct feedback. THIS is the time for critical, unvarnished information on what you could do to maximize the selling price of your home.
On Winnipeg's Real Estate Blog, there is a post of 6 things to do to prepare your home for that spring sale. Here is the link https://boknows.homes/b81b91c0 ( https://boknows.homes/b81b91c0)
Spotlight on Local BusinessIf you're buying a house or condo and getting a mortgage (most people are), you will be required to get property insurance. Banks, Credit Unions, mortgage brokers....won't matter who you deal with, if they are loaning you money to pay for the home, they will want their investment protected.
My favourite property insurance company is RA Hughes Insurance, located in the Dominion Shopping centre at the foot of the Norwood Bridge. They are an insurance broker, meaning they deal with a variety of insurance companies, and can help you find the best fit for you.
Owner Darcy Cook and his super friendly staff have been protecting your peace of mind, since 1929..... (well, actually Darcy isn't THAT old...but the company was started by his family.) Call Darcy at 204-837-1960
Their website is here https://boknows.homes/cc0d5fd0 ( https://boknows.homes/cc0d5fd0)
Phone Interview with Mike Schroeder of Mortgage ArchitectsToday we will talk with Mike about mortgage options for people who are 'New To Canada'. Landed Immigrants and other statuses.
Money-Saving Tips for home ownersThe American Water Works Association Research Foundation conducted a study in 1999 and found that 27% of water is used in the toilet, 22% in the washer, 17% shower, 16% faucet and 14% lost thru leaks.
New toilets , showerheads and cold water in washing machine will help reduce your costs.
Final thoughts and linksI hope you've enjoyed listening to this podcast half as much as I enjoyed creating it. And I really do love it. So if you like receiving this information, here are a couple of things I'm asking you to do.
Install the free podcast app, available for IOS and Android devices. I've made it super simple...on your phone, go to https://boknows.homes/apps (boknows.homes/apps) and you will get the option for your device's app store downloads.
Another thing you can do is go visit THIS show on the web at https://boknows.homes/142 (boknows.homes/142) and see the show notes and all the links. Once there, you will also see the little microphone which enables you to leave me a comment or suggestions on how to improve this podcast....

Visit our new podcast home page at https://audio.winnipeghomefinder.com ( https://audio.winnipeghomefinder.com )
 
  Today we will speak with a real estate professional in the US about that market, and the process of buying vacation property in or near Las Vegas NV. Welcome to Episode 141 of the Winnipeg Real Estate Podcast.
🏞️ Winnipeg Real Estate News 📰Mid November, and our numbers of available homes are seriously dwindling. Last year, mid November, we had 1,610 houses available in Winnipeg. Today, that number is under 900.  In condos, last year we had 641 available, this morning, 550. That is the story of this covid-market. Not enough listings, but a lot of buyer activity. If you've missed it, check out podcast https://audio.winnipeghomefinder.com/mortgage-rate-forecast-how-do-buyers-get-their-keys-market-update-ep-139/ (episode 139, our November Market Update.)
 
📆 This Week on the Blog 📭Our latest article is perfect for your cellphone reading. It's in a story format, so plays real nice on a vertical screen. 11 Insider Tips to help sell your home fast....
Top 2 tips: Make it easy for buyers to see. Don't throw up a bunch of blocks and barricades, like limiting the showing hours to a 2-hr window each day, or no showings after 5 pm...   And pick the right agent.
https://boknows.homes/79f2dd70 ( https://boknows.homes/79f2dd70)
🔦 Spotlight on Local Business 🏪 When you get a mortgage, the lender MUST offer you the option of taking 'mortgage insurance'.  This is really just life insurance by another name. Repeat after me : Thank you, but no thanks."...  Instead, get Life Insurance, which offers better coverage, has fewer hurdles, and is usually cheaper. We talk about it in Episode 119, link here  https://audio.winnipeghomefinder.com/mortgage-insurance-of-life-insurance/ ( https://audio.winnipeghomefinder.com/mortgage-insurance-of-life-insurance/)
 
Call my good friend Thomas Johnson of Cascade Financial at 204-229-4405....
 
Link to his website is:  https://boknows.homes/dfd92540 ( https://boknows.homes/dfd92540)
👫 Phone call with Debbie Drummond from Las Vegas ❓Interested in buying a vacation property down south? Get away from our winters for a few months? Las Vegas Nevada has a lot to offer. We talk with award winning Luxury Home Agent Debbie Drummond about
 
The current state of the housing market
Common price ranges
What can you buy for $300K US?
Tax implications for Canadian Buyers
Mortgage options for foreign buyers
 
https://boknows.homes/0a02d520 ( https://boknows.homes/0a02d520)
 
Ms. Drummon's Tax Acct. recommendations is at  http://www.thetaxmanllc.com/ ( http://www.thetaxmanllc.com/)
Download my free Podcasting AppWhether you're on Apple or Android phone, its real easy to get my free podcast app by going here:   https://boknows.homes/apps ( https://boknows.homes/apps)
 
For more real estate info, check my blog at https://blog.winnipeghomefinder.com ( https://blog.winnipeghomefinder.com )
Never miss an episode. Install our FREE Podcast App available on iOS and Android.
For your Apple Devices, click here to https://apps.apple.com/us/app/winnipeg-real-estate-news/id1098802561 (install our iOS App.)
For your Android Devices, click here to https://play.google.com/store/apps/details?id=com.bokauffmann.android.winnipeg&hl=en (install our Android App.)
Check my https://www.youtube.com/channel/UCnx1SxuUFDh_crVG4EZPlqA?view_as=subscriber (videos on Youtube)

Visit our new podcast home page at https://audio.winnipeghomefinder.com ( https://audio.winnipeghomefinder.com )
 In this episode we will give you the condo market stats for the past month, what makes condo mortgages https://blog.winnipeghomefinder.com/top-10-reasons-to-use-a-mortgage-broker/ (different from house mortgages,) and a look at one condo building in the south end of Winnipeg.
 
🏞️ Winnipeg Real Estate News 📰  
Available condo listings are down from last year, while sales are up. Not at the same rate as houses in Winnipeg, but still an increase in activity against a backdrop of lower inventory levels.
 
👫 Phone call with Mortgage Mike ❓If a buyer is pre-approved for a $250K house, can they just go and buy a $250K condo? Not so fast....condo mortgages have a few unique requirements. We need to consider the condo fees, whether the condo building is an apartment-conversion and whether the condo is self-managed.
Find Mike at https://boknows.homes/IVjg2j ( https://boknows.homes/IVjg2j)
🔦 Spotlight on Local Business 🏪  
Whether you're buying or selling, a house or a condo in Winnipeg, you will need a real estate lawyer. I recommend Brad McClelland of McRoberts Law Office. Here is a link to his website
 
Go to https://boknows.homes/b99b3d30 ( https://boknows.homes/b99b3d30)
 
👪 Spotlight on Tower 180 Condo in St Vital 🖥
180 Beliveau Rd is the location for a condo known as Tower 180 Condos. Originally built as an apartment block in 1970, it was converted into condos by A&S Homes in 2014.
1 and 2-BR suites, priced bet 160-220k. Generally about 20K to $40K below the price when they were new.
 
See more details on this building here  https://boknows.homes/6afb3270 ( https://boknows.homes/6afb3270)
 
Here is my post on https://blog.winnipeghomefinder.com/buying-a-condo-in-winnipeg-condo-fees-vs-house-expenses/ (Condo Fees vs. House Expenses)
 
For more real estate info, check my blog at https://blog.winnipeghomefinder.com ( https://blog.winnipeghomefinder.com )
Never miss an episode. Install our FREE Podcast App available on iOS and Android.
For your Apple Devices, click here to https://apps.apple.com/us/app/winnipeg-real-estate-news/id1098802561 (install our iOS App.)
For your Android Devices, click here to https://play.google.com/store/apps/details?id=com.bokauffmann.android.winnipeg&hl=en (install our Android App.)
Check my https://www.youtube.com/channel/UCnx1SxuUFDh_crVG4EZPlqA?view_as=subscriber (videos on Youtube)
 

Visit our new podcast home page at https://audio.winnipeghomefinder.com ( https://audio.winnipeghomefinder.com )
In this episode we will give you the housing market stats for the past month, and talk about what interest rates are predicted to do over the next few years.
Intro to new podcast website:
I am very happy to announce a new home for Winnipeg’s #1 Real Estate Podcast. You can find it at https://boknows.homes/podcast (boknows.homes/podcast)
Whats so good about it? All episodes are in one place, with easy access to all major podcast players, as well as links to the podcast apps for ios and android. More importantly, if you go to this site on your mobile device, it will load with a little icon at the bottom of your screen that will allow you to send me a voicemail question about real estate. Try it out, and I will answer those questions in an upcoming podcast.
 
🇨🇦 Canadian Real Estate News 📰  
In an article in Canadian Mortgage trends the Bank of Canada is signaling that low interest rates are likely here to stay for another 2-3 years. This announcement affects both fixed and variable rates, and fixed rates might be falling further. In a recent survey by BMO, 57% of first time buyers said they’ll choose a fixed rate. The article ends with some economists predicting that rates might remain low well beyond the 2023 mark.
 
Link to the article is: https://boknows.homes/8cd5ea90 ( https://boknows.homes/8cd5ea90)
 
📆 This Week on the Blog 📭  
Want to see the November real estate update in visual slide form? On your cell phone go to https://boknows.homes/market ( https://boknows.homes/market)
 
The Winnipeg market report in a story format, easy to watch. a
 
🔦 Spotlight on Local Business 🏪  
This winter, I believe a lot of people are going to forgo travelling, saving thousands of dollars in the process. Some will take that opportunity to put that money into their homes, in the form of renovations or upgrades.
 
Whether you want to simply improve your current home for your own benefits, or prepare for, what I believe will be a very hectic spring market, painting offers, in my opinion one of returns on your investment.
 
Painting your home’s interior SOUNDS like an easy diy project, but Ive seen them go very wrong. Unless you are an accomplished house painter, leave this to the pros.
 
Call my friend Rob White of urban Topcoat painting. Walls, ceilings, floors, …if it doesn’t move, he can paint it. I’m not charging for this shoutout, I am just recommending him because I’ve had a number of clients who used him and were very happy with the results.
 
Call Rob at 204-791-8024.
 
Or go to boknows.homes/painting
 
🏞️ Winnipeg Real Estate News 📰  
Available listings are down roughly 40% over the same time last year, while sales are up 57%. That means a very hot sellers market, in nearly all price ranges from 200-500k.
 
👫 Answering Your Real Estate Questions ❓ 
How do buyers get the keys to their new home?
 
In Winnipeg, the key transfer is handled thru the lawyers. The seller gives a copy of the house key to their lawyer, who transfers it, under trust conditions, to the buyers lawyer. Once those conditions have been fulfilled, ie: the sellers lawyer has assurances that the money is there, the key will be released to the buyer
 
👪 🗯 Final Thoughts and Links 🖥  
We’ve just heard how hectic Winnipeg’s market is. Over the next few months, here is what normally happens. Listings slow down, as does buyer activity. This is normally a good time to buy, but since listings are already low, there is no large selection of homes on the market for buyers to pick from.
 
After that, we will enter the spring market, which is traditionally a super hot sellers market to begin with. Will it be again in 2021? Or will there be an increase in forclosures and people needing to sell due to economic...

Welcome to this week’s episode. We will have an in-depth interview with Brian Ross of Innovation Fabrication about turning shipping containers into pools, sheds, temporary houses and even tiny homes and offices.
We will also talk with Mike Schroeder of Mortgage Architects about what to do, and what not to do, after you’ve been pre-approved.
🏞️ 𝙒𝙞𝙣𝙣𝙞𝙥𝙚𝙜 Business Innovation Fabrication 📰 
           This very innovative local company started by converting shipping containers into pools and hot tubs. They are expanding and creating covid-shelters, medical labs, man-caves and she-sheds, garages and tiny homes.
IF Container website at:  https://boknows.homes/205e3d10 ( https://boknows.homes/205e3d10)
Boxx Pools website at:  https://boknows.homes/4ccc6320 ( https://boknows.homes/4ccc6320)
 
☎️ 𝙋𝙝𝙤𝙣𝙚 𝘾𝙖𝙡𝙡 𝙒𝙞𝙩𝙝 𝙈𝙤𝙧𝙩𝙜𝙖𝙜𝙚 𝙈𝙞𝙠𝙚 💹 
           Some cautions about what NOT to do between the time you are pre-approved, and the time you take possession of your home. Don’t change your credit rating, or credit history, don’t change jobs and more info from Mike
Mike’s website is at:  https://boknows.homes/IVjg2j ( https://boknows.homes/IVjg2j)
 👪 🗯  𝙁𝙞𝙣𝙖𝙡 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 𝙖𝙣𝙙 𝙇𝙞𝙣𝙠𝙨  🖥  
           We have all heard about how tight the Winnipeg Real Estate Market is right now. This is due to the lack of available and listed houses. For example, last year at this time, we had over 1,600 available homes for sale, while this morning that number is approx.. 40% lower.
           On the other hand, condos are not facing this shortage. Last year, 640 available compared to 610 this morning, so just a 5% drop.
           Next week, Nov 5th, we will take a closer look at the housing stats for October, and we’ll talk about the option of buying a condo instead of a house. There are some advantages, and some disadvantages to condo ownership, and we’ll examine those as well.
For more real estate info, check my blog at https://blog.winnipeghomefinder.com ( https://blog.winnipeghomefinder.com )
Never miss an episode. Install our FREE Podcast App available on iOS and Android.
For your Apple Devices, click here to https://apps.apple.com/us/app/winnipeg-real-estate-news/id1098802561 (install our iOS App.)
For your Android Devices, click here to https://play.google.com/store/apps/details?id=com.bokauffmann.android.winnipeg&hl=en (install our Android App.)
Check my https://www.youtube.com/channel/UCnx1SxuUFDh_crVG4EZPlqA?view_as=subscriber (videos on Youtube)

This week we will talk to Mike Schroeder of Mortgage Architects about the differences between an open and a locked in mortgage, we’ll take a look at a really unique local business and a few surprises….all in the next 15 minutes or less
 
🇨🇦 𝘾𝙖𝙣𝙖𝙙𝙞𝙖𝙣 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           Interesting article on CanadianMortgageTrends.com indicating that the pandemic has motivated many young Canadians to buy a house. “The pandemic has caused many Canadians to turn their living rooms into classrooms, their dining rooms into offices, and their basements into home gyms,” said , Head of Real Estate Secured Lending and Scotia Mortgage Authority at Scotiabank in a release. “This is motivating many to consider investing more in their current homes or re-evaluating their living spaces altogether.”
In addition, the lowered rates when compared to the a year ago, now can save the average home buyer around 13,000 over a 5- yr mortgage period.
Go To https://boknows.homes/8dd0d4e0
 
🏞️ 𝙒𝙞𝙣𝙣𝙞𝙥𝙚𝙜 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           So about 2 weeks ago I listed a house and the owners were wondering whether now was still a good time to list. We got 7 offers and it sold for over 40K above asking price.  So yeah…it a great time to sell
 
☎️ 𝙋𝙝𝙤𝙣𝙚 𝘾𝙖𝙡𝙡 𝙒𝙞𝙩𝙝 𝙈𝙤𝙧𝙩𝙜𝙖𝙜𝙚 𝙈𝙞𝙠𝙚 💹 
           Let’s tackle the age old questions: Is it better to get a fixed mortgage, or to leave it open? Lock it in for 5 years, or take a chance with a floating rate?
Mortgage Mike Schroeder of Mortgage Architects says:
           Even though the rates for an open mortgage are already lower than a fixed mortgage, buyers should consider that getting out of a fixed mortgage early can trigger significant penalties. 65% of home owners get out of their fixed mortgage earlier than expected.
See this attached article via cbc news   https://boknows.homes/5d454f60
 
 📆 𝙏𝙝𝙞𝙨 𝙒𝙚𝙚𝙠 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙡𝙤𝙜  📭 
           Are you looking to add value to your home by doing some interior decorating, remodelling or updating? Check out this great post, with a room by room guide of adding value to your home.
Go to https://boknows.homes/94e0f600
 
🔦  𝙎𝙥𝙤𝙩𝙡𝙞𝙜𝙝𝙩 𝙤𝙣 𝙡𝙤𝙘𝙖𝙡 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 🏪  
           Today I’m talking about one of the most unique businesses you’ll ever find. It’s a local manufacturer, the brain child of an entrepreneur named Brian Ross. Innovation Fabrication is a metal fabricator who turns old shipping containers into just about anything you can think of.
Pools, popup kitchens and bar yard bars, man-caves and she-sheds and even pop up medical labs and testing sites.
We’re planning to have Brian on in an upcoming episode and tell us more. You can find the link to his website in the show notes
Innovation Fabrication here     http://wpgfab.com/
 
 👪 🗯  𝙁𝙞𝙣𝙖𝙡 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 𝙖𝙣𝙙 𝙇𝙞𝙣𝙠𝙨  🖥  
           I don’t always eat soup, but when I do…..it HAS to have meat in it. One of my favorites is this meatball, tomato and pepper soup. Its thick, hearty and has a little kick. You can use beef or turkey, and a link to the recipe is in the show notes.
Meatball, Tomato and Pepper soup:  https://boknows.homes/292ae8a0
For more real estate info, check my blog at ( https://blog.winnipeghomefinder.com )
Never miss an episode.

Get my podcast app at https://boknows.homes/apps ( https://boknows.homes/apps )  available there for ios and android.
🇨🇦 𝘾𝙖𝙣𝙖𝙙𝙞𝙖𝙣 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           CMHC is predicting a downturn in housing market and prices in 2021, however experts at Scotiabank disagree. Due to COVID, inventory is low, buyer demand remains strong and prices are surging. Bank of Canada are saying they will not raise interest rates until inflation hits 2% on a sustained basis, and that is not expected to happen in the next 3 yrs.
For the full article, go here   https://BoKnows.Homes/NXkm7Q ( https://BoKnows.Homes/NXkm7Q)
🏞️ 𝙒𝙞𝙣𝙣𝙞𝙥𝙚𝙜 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           Inventory in Winnipeg remains low, around 1,100 homes for sale in our city right now. 30 of those are over 1 million dollars. Normal levels at this time are around 1700 homes. Great time to sell, right now.
 📆 𝙏𝙝𝙞𝙨 𝙒𝙚𝙚𝙠 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙡𝙤𝙜  📭 
           This week on Winnipeg’s Real Estate Blog we talk about some tips on decluttering your home. There are 7 things you can do to clean up your clutter, and help the environment and charity in the process. 
Go to BoKnows.Homes/clutter ( https://BoKnows.Homes/clutter)
☎️ 𝙋𝙝𝙤𝙣𝙚 𝘾𝙖𝙡𝙡 𝙒𝙞𝙩𝙝 𝙈𝙤𝙧𝙩𝙜𝙖𝙜𝙚 𝙈𝙞𝙠𝙚 💹 
           Thinking of buying a house or condo which needs updating? Have you ever heard of ‘Purchase Plus Improvements Mortgage”? This is where, in addition to the normal purchase price, you get a little extra money lumped into the mortgage to help pay for the kitchen reno, new roof or bathroom addition.
           We’ll have a nice chat with Mike Schroder of Mortgage Architects about this option, how to get it and what process to follow.
           Find him at http://BoKnows.Homes/IVjg2j
 👪 🗯  𝙁𝙞𝙣𝙖𝙡 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 𝙖𝙣𝙙 𝙇𝙞𝙣𝙠𝙨  🖥  
For more real estate info, check my blog at ( https://blog.winnipeghomefinder.com )
Never miss an episode. Install our FREE Podcast App available on iOS and Android.
For your Apple Devices, click here to ( https://apps.apple.com/us/app/winnipeg-real-estate-news/id1098802561)
For your Android Devices, click here to ( https://play.google.com/store/apps/details?id=com.bokauffmann.android.winnipeg&hl=en )
Check my ( https://www.youtube.com/channel/UCnx1SxuUFDh_crVG4EZPlqA?view_as=subscriber )

October 8th edition of real estate tips, news and advice. (Episode 135)
Listen on spotify at https://boknows.homes/spotify ( https://boknows.homes/spotify)
🇺🇸 𝙄𝙣𝙩𝙚𝙧𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           Survey of 4,000 real estate agents in the US revealed that the average home sold in August received 3 offers. Multiple offers happening everywhere.
🏞️ 𝙒𝙞𝙣𝙣𝙞𝙥𝙚𝙜 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           Listings are way down compared to last year, but sales are UP. This creates bidding wars and higher prices.
           3.5 million dollar condo still available on Wellington Cr.
☎️ 𝙋𝙝𝙤𝙣𝙚 𝘾𝙖𝙡𝙡 𝙒𝙞𝙩𝙝 𝙈𝙤𝙧𝙩𝙜𝙖𝙜𝙚 𝙈𝙞𝙠𝙚 💹 
           Talking about closing costs for home buyers. These costs include legal fees, land titles taxes, home insurance and other fees.
 📆 𝙏𝙝𝙞𝙨 𝙒𝙚𝙚𝙠 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙡𝙤𝙜  📭       
           For the latest market update, go to https://boknows.homes/market ( https://boknows.homes/market)
 🔦  𝙎𝙥𝙤𝙩𝙡𝙞𝙜𝙝𝙩 𝙤𝙣 𝙡𝙤𝙘𝙖𝙡 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 🏪  
           Painting company Urban Topcoat, Rob White owner, can paint anything and everything in your home. Interior exterior, decks, concrete, etc…
 👪 🗯  𝙁𝙞𝙣𝙖𝙡 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 𝙖𝙣𝙙 𝙇𝙞𝙣𝙠𝙨  🖥  
For more real estate info, check my blog at ( https://blog.winnipeghomefinder.com )
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For your Apple Devices, click here to ( https://apps.apple.com/us/app/winnipeg-real-estate-news/id1098802561)
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Housing Market Report for October 2020 in Winnipeg.
Always available on Spotify at  https://boknows.homes/spotify
The numbers of available homes in Winnipeg, and the numbers of sold homes over the previous month, as compared to the prior month and the same time last year.
 
For more real estate info, check my blog at ( https://blog.winnipeghomefinder.com )
Never miss an episode. Install our FREE Podcast App available on iOS and Android.
For your Apple Devices, click here to ( https://apps.apple.com/us/app/winnipeg-real-estate-news/id1098802561)
For your Android Devices, click here to ( https://play.google.com/store/apps/details?id=com.bokauffmann.android.winnipeg&hl=en )
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🇺🇸 𝙄𝙣𝙩𝙚𝙧𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           Real estate markets in the U.S. are quite hot right now. Buyer demand far exceeding inventory. Low interest rates and seller reluctance to sell are the key reasons given.
🇨🇦 𝘾𝙖𝙣𝙖𝙙𝙞𝙖𝙣 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           Moody’s Analytics expects Canada’s real estate value to take a downturn next year, especially in Calgary & Edmonton (10%), Toronto (9%) and Vancouver (7%). Smaller markets are expected to fare better, due to increased demand for larger homes and more space at affordable prices. (Winnipeg)
🏞️ 𝙒𝙞𝙣𝙣𝙞𝙥𝙚𝙜 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝙉𝙚𝙬𝙨 📰 
           Winnipeg remains a hot sellers market, especially for houses under 400K. High buyer demand and 45% fewer listings than last year same time.
           Pandemic stage orange has been instituted and masks are mandatory in public places. Still going to Open Houses? Be careful out there.
☎️ 𝙋𝙝𝙤𝙣𝙚 𝘾𝙖𝙡𝙡 𝙒𝙞𝙩𝙝 𝙈𝙤𝙧𝙩𝙜𝙖𝙜𝙚 𝙈𝙞𝙠𝙚 💹 
           Mike Schroeder of Mortgage Architects ( http://www.mikeschroeder.ca/) tell us about alternatives to CMHC, which include Canada Guarantee and Genworth. Both of these allow buyers to buy ‘more house’ than CMHC. Mortgage Brokers offer access to all three insurers, which can help buyers, especially ones with bruised credit or new to Canada.
 📆 𝙏𝙝𝙞𝙨 𝙒𝙚𝙚𝙠 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙡𝙤𝙜  📭 
           New post titled “8 things you can do to protect your plants this winter”. Winter is coming, and protecting your plants will help them thrive in the spring.
 🔦  𝙎𝙥𝙤𝙩𝙡𝙞𝙜𝙝𝙩 𝙤𝙣 𝙡𝙤𝙘𝙖𝙡 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 🏪  
           It’s time to check your furnaces. By signed up to Aire-Serv Heating and A/C Maintenance Plan, you get a furnace check and clean now, plus an A/C check in the springtime. Also included is a 10-15% discount on any needed repair parts and labour. All for $190 plus taxes. Go to Aire-Serv Heating and A/C ( https://www.aireserv.ca/winnipeg/)
 👪 🗯  𝙁𝙞𝙣𝙖𝙡 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 𝙖𝙣𝙙 𝙇𝙞𝙣𝙠𝙨  🖥  
           Next week we’ll have another call with Mortgage Mike, more news and updates, as well as answering a listeners question: “How to upgrade my 1980’s house”.
For more real estate info, check my blog at https://blog.winnipeghomefinder.com ( https://blog.winnipeghomefinder.com/)
Never miss an episode. Install our FREE Podcast App available on iOS and Android.
For your Apple Devices, click here to install our iOS App. ( https://apps.apple.com/us/app/winnipeg-real-estate-news/id1098802561)
For your Android Devices, click here to install our Android App. ( https://play.google.com/store/apps/details?id=com.bokauffmann.android.winnipeg&hl=en )
Check my videos on Youtube ( https://www.youtube.com/channel/UCnx1SxuUFDh_crVG4EZPlqA?view_as=subscriber )