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(EP: 133) Real Estate Tips, Advice & News for October 1st, 2020
Episode 133 β€’ 30th September 2020 β€’ Bo Knows Real Estate β€’ Bo Kauffmann - REALTOR
00:00:00 00:14:05

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           Real estate markets in the U.S. are quite hot right now. Buyer demand far exceeding inventory. Low interest rates and seller reluctance to sell are the key reasons given.

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           Moody’s Analytics expects Canada’s real estate value to take a downturn next year, especially in Calgary & Edmonton (10%), Toronto (9%) and Vancouver (7%). Smaller markets are expected to fare better, due to increased demand for larger homes and more space at affordable prices. (Winnipeg)

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           Winnipeg remains a hot sellers market, especially for houses under 400K. High buyer demand and 45% fewer listings than last year same time.

           Pandemic stage orange has been instituted and masks are mandatory in public places. Still going to Open Houses? Be careful out there.

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           Mike Schroeder of Mortgage Architects tell us about alternatives to CMHC, which include Canada Guarantee and Genworth. Both of these allow buyers to buy β€˜more house’ than CMHC. Mortgage Brokers offer access to all three insurers, which can help buyers, especially ones with bruised credit or new to Canada.

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           New post titled β€œ8 things you can do to protect your plants this winter”. Winter is coming, and protecting your plants will help them thrive in the spring.

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           It’s time to check your furnaces. By signed up to Aire-Serv Heating and A/C Maintenance Plan, you get a furnace check and clean now, plus an A/C check in the springtime. Also included is a 10-15% discount on any needed repair parts and labour. All for $190 plus taxes. Go to Aire-Serv Heating and A/C

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           Next week we’ll have another call with Mortgage Mike, more news and updates, as well as answering a listeners question: β€œHow to upgrade my 1980’s house”.

For more real estate info, check my blog at

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