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Buyer Advice

Buying a home is a process full of nuance. Our Buyer Advice series features pointers on buying a home, national market updates, and general advice for finding and purchasing your next home in Fort McMurray.

  • Canada Housing Market Update – September 8, 2019

    September 11, 2019 Tom AlbrechtCanada Housing Market Update - September 8, 2019
    Real Estate Market Update – Still a Roller Coaster Ride for the Mortgage Sector The Canadian mortgage market is one of the most changeable and challenging industries in the real estate realm today. The latest update on the mortgage sector showed more evidence that the market has turned upside ...
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  • Canadian Housing Market (August 24)

    August 24, 2019 Tom AlbrechtCanadian Housing Market (August 24)
    The Canadian Real Estate Association recently released the latest figure in the housing market and the sales are showing a massive soar for the month of July. The numbers are indicative of the most sales for July in previous years, showing only two major markets declining. According to ...
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  • Canada Housing Market Update (August 10)

    August 10, 2019 The A-TeamCanada Housing Market Update (August 10)
    The Bank of Canada has released mortgage credit figures for June, and it is overwhelmingly positive. This is indicative of an improvement in mortgage growth and follows an unusually darker phase in the country’s real estate sector. While this growth is slower than desired, especially when compared to ...
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  • Canada Housing Market Update (July 24)

    July 24, 2019 The A-TeamCanada Housing Market Update (July 24)
    Canada Housing Market: Interest Rates and the Rising Cost of Real Estate in Canadian Cities July came with the Bank of Canada continuing with the eight months long overnight lending rate of 1.75%. This is happening on the heels of the decline in global GDP. Due to the ...
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  • Are Fort McMurray Property Prices Starting to Stabilize?

    July 15, 2019 Tom AlbrechtAre Fort McMurray Property Prices Starting to Stabilize?
    After what we’ve been through, few questions matter more to Fort McMurray residents. When we were evacuated, we posted this to our Facebook page:   But we knew the economic recovery would take a lot longer. Both from the fire, mortgage rule changes, and the sudden shift in the global oil ...
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  • Fort McMurray Housing Market: June 2019 Update

    July 12, 2019 Tom AlbrechtFort McMurray Housing Market: June 2019 Update
    June 2019 has come and gone, and those 30 days have done a lot to the Fort McMurray real estate scene. What’s the deal with a split in price ranges between bigger smaller homes? Are luxurty homes staying strong? A-Team leader and buyer specialist Tom Albrecht returns with ...
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  • Canada Housing Market (July 4)

    July 4, 2019 The A-TeamCanada Housing Market (July 4)
    The First Time Home Buyer Incentive With the Canadian housing market crawling and elections scheduled for October, the government has pushed forward a new mortgage equity sharing program – the First-Time Buyer Incentive (FTHBI). Here is a slight breakdown of the FTHBI program according to the national housing strategy ...
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  • Canada Housing Market Update: A Look at Toronto

    June 7, 2019 The A-TeamCanada Housing Market Update: A Look at Toronto
    Toronto’s Housing Troubles The month of May was a beehive of activities for the Greater Toronto real estate market. According to Zoocasa.com: A total of 9,989 homes traded hands, up 18.9% from the same time period last year, and an increase of roughly 10% from April’s activity. However, while the ...
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  • Canadian Housing Market Update (June 3)

    June 3, 2019 The A-TeamCanadian Housing Market Update (June 3)
    Canada Housing Market: Interest Rate Remains Unchanged Borrowers can breathe a sigh of relief as the Bank of Canada has left the overnight lending rate unchanged. According to a press release on the bank’s website: the oil sector is beginning to recover as production increases and prices remain above recent ...
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  • Housing Market Update May 15, 2019

    May 15, 2019 The A-TeamHousing Market Update May 15, 2019
    We bring you the latest Canadian real estate market updates and this week’s roundup is an interesting one, with interest rates and laundering schemes galore. For starters, a possible interest rate hike that seemed likely after last year’s wave is now looking less so: 2019 Interest Rates in Canada Still ...
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Disclaimer: The A-Team is a team of associates at Walsh Real Estate (2010) Ltd o/a RE/MAX® Fort McMurray, 9919 Biggs Avenue, Fort McMurray, Alberta, T9H 1S2. Each office is independently owned and operated. The licensed associates are Tom Albrecht, Breanna Albrecht, Denise Hildebrand, Aaron Chalmers, Heather McCandless, and Rita Sobkowich. Eric Dunham, mortgage specialist with RBC®, is not affiliated. We also recommend Amanda Stuart at TD Bank® and Mariam Fawaz at Mortgages for Less®.

Licensed and Regulated by the Real Estate Council of Alberta.