Short Answer It depends. Long Answer I know I use that short answer a lot. It’s exactly what I say to my clients when they’re ready to make an offer,…
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Short Answer It depends. Long Answer I get asked this all the time. If I offer them $20,000 less for that house, will they take it? If I offer them…
Short Answer In 2016, $250,500. Long Answer The average price of a condo in Edmonton (including in this case) apartment condos and townhouses. Any of these categories could be broken…
Short Answer In 2016, $434,500. Long Answer The average price of a house in 2016 was about $434,500. Of course that is just houses – single family, detached houses. In…
Short Answer It depends. Long Answer Mortgage rates can really be almost anything. Rates were seen at over 20% for a short while in the 1980s and have been…
Short Answer 5% on $500,000, 10% on the balance – up to 1 million dollars (CMHC insured mortgages) Long Answer *Update* The lending rules for CMHC have recently changed (December…