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Learn about the PEI Real Estate Market

Buying a Home
Nicolle Morrison

Gen Z Interested in Home Ownership

In today’s economic landscape, characterized by high market prices and elevated interest rates, the prevailing belief might be that the younger generations in Canada, particularly those categorized as Gen Z or Millennials, are shying away from the prospect of homeownership. However, this narrative doesn’t entirely align with the reality, especially when looking at the PEI real estate market. Despite these financial barriers, a significant number of young Canadians remain eager to embark on the journey of buying a home, with many setting their sights on the picturesque landscapes and vibrant communities of Prince Edward Island (PEI).

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PEI Real Estate market
Ron Barrett

A Guide to Moving to Canada

Canada, known for its diverse culture and welcoming attitude towards those arriving from other countries, offers a variety of immigration programs to cater to different needs and qualifications of individuals seeking a new life in this vibrant country. From skilled workers and entrepreneurs to family reunification, these programs are designed to facilitate the smooth transition

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Buying a Home
Nicolle Morrison

Why you should attend Open Houses even when not ready to Buy

When it comes to real estate, the term “open house” often conjures images of eager homebuyers touring a potential new home. However, attending open houses can be highly beneficial even if you’re not in the market to buy a property immediately. Here’s why. Educational Experience Learning the Market Attending open houses is an excellent way

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Selling your Home
Ron Barrett

How to Negotiate an Offer

Congratulations! You’ve received an offer on your property. But how do you know if it’s the best possible offer for you? Your Century21 REALTOR® will be your guide: they’ll take you through it step by step, review all the pros and cons, and make recommendations based on your personal situation. If there are multiple offers,

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PEI Real Estate market
Nicolle Morrison

PEI Rent to own Program

Introduction The Rent-to-Own Pilot Program in Prince Edward Island (PEI) is an innovative initiative aimed at helping residents with modest incomes achieve their dream of owning a home. This program is particularly designed for those who have faced challenges in securing mortgage financing and do not currently own a home. Program Overview The heart of

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New home construction
Buying a Home
Ron Barrett

Will house prices on PEI drop in 2024?

The Canadian real estate market is in a constant state of flux, reflecting a plethora of influencing factors from interest rates to immigration. In recent times, while the national housing prices experienced a dip—primarily due to a slump in Ontario—the situation in Prince Edward Island (PEI) seems to be on a different trajectory. The past

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Downpayment Assistance
Buying a Home
Nicolle Morrison

Down Payment Assistance Program (DPAP) in Prince Edward Island

Owning a home is a dream many aspire to fulfill, but financial barriers often stand in the way. Good news for residents of Prince Edward Island! The Down Payment Assistance Program (DPAP) is a pilot initiative aimed at empowering eligible residents with modest incomes to purchase their first home. How Much Can You Receive? This

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Buying a Home
Ron Barrett

Why You Should Move to Prince Edward Island

Prince Edward Island (PEI), the smallest province in Canada, is often overlooked by those considering a change of residence. Yet, this charming island provides an unexpected blend of tranquility, vibrant culture, and an abundance of natural beauty that has captivated its inhabitants and visitors alike. If you’re contemplating a move, here are compelling reasons why

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Buying a Home
Nicolle Morrison

Winning Home Buying Strategies

Buying a home in Prince Edward Island isn’t simply a financial transaction. The intricate dance of PEI real estate involves numerous considerations like property conditions, personalized offers, closing dates, and more. Sellers often take into account a host of factors beyond just the price when deciding which proposal to accept. Navigating the PEI real estate

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Selling your Home
Ron Barrett

Why is my PEI home not selling as quickly as I expected

Selling a home in the PEI real estate market can sometimes take longer than expected, even with the guidance of a knowledgeable REALTOR® and even in our recent market. To ensure a smooth and successful sale, it’s essential to understand the various factors that can impact the process. Here are some common reasons why PEI

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