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Water is our most precious resource on earth; every living organism is dependent on it for survival. Less than 30% of people around the world have access to safe drinking water. As the climate changes, we will likely see that access to clean and safe water will become more important than ever. While access to clean water is not an issue for most Canadians, it makes sense to be more water conscious for the following reasons:
We all can take immediate steps starting in our own households to more efficiently use water so there is enough to go around. Be water conscious Fix leaks Use low water flow fixtures Wash full loads Replace old appliances |
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Whether you’re a long time resident, or a new immigrant to our country, finding the perfect home in the city of Regina, or anywhere in Canada, can be a challenge. However, with the right help and a few tips, you'll have everything you need! To find the best place with the least difficulty, follow these important tips offered by Canada Mortgage and Housing Corporation (CMHC):
1. Flexibility is key - housing can vary from province to province, and neighbourhood to neighbourhood. Decide in advance what you can afford to spend on a home, the features you need (how many rooms, fireplace, etc.), and the general area you want to be in.
2. Know that, for Canadians, families with more than two children are considered quite large, so it may be difficult to find a home with more than three bedrooms. You might have to compromise by choosing a smaller place than you want, or use bunk beds for children in one room to maximize space.
3. Find a lender or mortgage broker that will suit your needs, if you don’t have one already. It is a great idea to become pre-approved, so you know what your upper price limit is.
4. Understand the bylaws in the city where you are planning to buy a home. These will protect your rights and let you know what your responsibilities are, too.
5. When making a decision of this magnitude, try not to allow yourself to feel rushed. Stay positive and avoid being too picky as you look at homes. Taking your time today will ensure that you won’t want to move again until you really want to.
6. Make sure you have the right team of real estate professionals on your side. In addition to your real estate agent, you’ll likely need a good real estate appraiser and home inspector. Good real estate agents can refer you to these professionals and help you learn more about the local real estate market.
If the time is right for you to make your home purchase here in Regina, please give me, Clair Whittington, a call. I am backed by the full weight of Exit Realty Fusion, one of Canada’s fastest growing real estate agencies. I’m equipped and ready to help you find the home of your dreams!
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The recent housing boom that peaked in the spring of 2008 and saw house prices shoot up by close to 50% may be over, but the positive side effects have definitely remained. Since home sales have slowed down, residential prices remain strong - the provincial average price was around $234,569 between January and June this year, and $263,424 in Regina in May, signaling a steady economy.
During the height of the boom, it was not unusual to see multiple offers on a home, and sale prices driven over the asking price. That high pressure is gone, which is great news for today’s home buyers. They are afforded the luxury of taking their time and looking for the best home, rather than feeling like they need to rush into a big decision. Not to mention, they are also finding homes easier to afford because there is no bidding war now.
RBC Economics recently released a report showing that their affordability measure for Saskatchewan (which captures the proportion of pre-tax household income needed to service the costs of owning a home) improved across the board in this year’s second quarter. The benchmark detached bungalow saw an increase in affordability by 40.5% less and the standard two-storey home was down by 42.8% since the first quarter of 2009. The whole report can be read here.
Since homes are now more affordable than they have been in some time, and interest rates continue to be at record lows, why not take the plunge and buy a home in Regina? Give me, Clair Whittington, a call, and I’ll use my expertise and skill to help you find the best deal for you! I look forward to working with you!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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