A prime time to buy


By Cindy-lou Schmidt

For many, the holidays have been busy with preparation and family and friends. For others, the hunt for the perfect home has been a priority as those who intended to beat the new mortgage rules set to take effect January 1st. Potentially reducing the buying power of buyers up to 20%, December has been a busy month in real estate and sellers are happy to end the year with a firm sale.

Come 2018, the Canada Mortgage and Housing Corporation has projected a potential 10% decrease in average home prices, which could level out the market a bit. In addition, RE/MAX stats are projecting a 6% increase in home prices in Waterloo Region for 2018, bringing the average sale price to $500,000.

Whether you’re thinking about buying or selling in Kitchener Waterloo, you can do so with confidence. This area is a robust cultural, economic and social centre that continues to draw people from afar and keep long-time locals close.

2018 will bring new changes and new adventures no doubt and I am looking forward to helping buyers and sellers alike make their goals and dreams come true.

Cheers,

Cindy-Lou Schmidt
Cindy-Lou Schmidt

Broker / Manager
 
 
Cindy-Lou is a dedicated Broker/Owner and REALTOR® based in Waterloo who is proud to serve her hometown and community. She is adamant in the value of home ownership both for the financial and wealth benefits, but also as a foundation of healthy communities. With 7 years in the real estate business, and as a private investor since 2005, her experience and strategic approach to homes sales has been pivotal in building loyalty with her clients over the years.

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