In the past few years, the housing market has seen some significant fluctuations. Factors such as the mortgage stress test and job losses have affected buyer affordability, and much of the market has shown apprehension toward buying in an environment of uncertainty. But there is good news! For nearly a year there has been a shift in these trends, and it’s picked up remarkable momentum. We’re now in that sweet spot where making the switch from a home to a condo is ideal.
Quietly located near the corner of 105 Street and 99 Avenue in downtown Edmonton is a Laotian and Thai restaurant called Viphalay. If you didn’t know it was there you might miss it, but it’s certainly not a place you’ll forget once you try their delicious offerings.
Whether you’re downsizing from a larger home or buying your first property, a condo is a great investment. However, before you start your condo-buying journey, you should be aware that the mortgage process can be a little different to the one for buying a regular house.
Spring is such a refreshing time of year - the season is driven by new growth and fresh air, inspiring condo owners to push away the dirt and grime of winter. As the cold temperatures finally begin to wane, it’s time to start thinking about your spring condo maintenance.
If you’re looking to purchase a condo but feel your credit score may not be ideal, you’re not alone. Many condo buyers don’t know where to begin when it comes to ensuring their credit score is appealing to lenders.