The real estate market in Canada, especially in Prince Edward Island (PEI), is facing a major challenge when it comes to helping people with disabilities buy or sell a home. Despite the shortage of accessible homes, REALTORS® have a unique opportunity to make a positive impact on the lives of individuals with disabilities by assisting …
The Role of REALTORS® in Helping People with Disabilities Read More »
PEI REAL ESTATE PRICES REACH UNPRECEDENTED LEVELS Here in PEI we have been going through an unprecedented increase in housing prices. Not that many years ago we had a buyer’s market and homes could be bought as low as $50,000 in some cases. Those $50K homes are now running closer to $200K. We have actually …
The housing market may be cooling but does that really help? Read More »
You may be wondering if it would be better to buy an existing and “pre-loved” home, referred to as a resale home, or buy a newly constructed home. The age old question ‘New construction vs resale homes’. Here on PEI there have been less new builds, but we are beginning to see more new construction …
New construction vs resale homes – which is better? Read More »
SOME BUYERS LET THEIR EMOTIONS CONTROL THEIR DECISION MAKING Buying a home isn’t just buying a home. It is more than a place to live and raise your family. Oh, those are important factors and you wouldn’t want to buy a home that didn’t suit your lifestyle, but that home purchase is also an investment …
Have you ever wondered how to prepare for home ownership on PEI. We thought we would sit down and right out the 10 Steps to Home Ownership right here on PEI. 1. PREPARE YOUR FINANCIAL SITUATION TO ENSURE MORTGAGE QUALIFICATION Save a downpayment equal to at least 5% of your home buying budget, pay down …
