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ST. JOHN'S REAL ESTATE BLOG

Welcome!  This blog is where I will be posting information about the real estate market in the Greater St. John’s Area, as well as some fun information about life in Newfoundland.

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3 Reasons Why Homeownership is a Great Investment

Inflation is at an all time high so does it make sense to buy a house right now?  https://youtu.be/d05ATFJdzYw You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store and you may be wondering if buying a home right now is a good investment. While the Bank of Canada is working hard to bring down inflation …

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Will Interest Rates Impact the Sale of My Home

Will rising interest rates impact the sale of my home? You may have heard that interest rates have gone up and are predicted to continue to rise, but what does this really mean for you as a home buyer or seller. https://youtu.be/tsrT1xHFhgg If we take a step back and look at  interest rates over the last 30 years you can see that the low …

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Is the Real Estate Market SHIFTING in St. John’s...

Are we still in a seller’s market? Try not to buy into all the doom and gloom in the national headlines because real estate is local. What you really need to know what is happening here in St. John’s and how the real estate market is currently shifting locally. https://youtu.be/5BahsPdeQ8U What is Inventory Rate? In order to know the difference between a buyers, sellers …

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Pros & Cons: Buying a New Construction Home

Before you go all in on your decision to buy a brand new home you should know some of the PROS and CONS of buying a New Construction Home versus a Previously Owned Home. Be confident that you are purchasing a home that is the right option for you. https://youtu.be/yq7LdA_JSzE Starting off with the benefits of a New Construction Home: Pro #1: New and …

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Pros & Cons: Buying a Home with a Rental Unit

Is purchasing a home with a Rental Unit is the right option for you? Let’s look at the pros and cons of buying a 2-Apartment Home vs. a Single Family Home, to help you decide. https://youtu.be/AweFfCMPaHM First, Let’s look at the benefits of buying a home with a Rental Unit: Pro #1: Income The obvious benefit of a rental unit is that you will have …

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Pros & Cons: Buying a Fixer Upper Home

Renovating or updating a house may not be as simple as it appears on tv. Let’s look at the PROS and CONS of buying a Fixer Upper home versus a home that is Move-In Ready, to help you narrow options for the type of home that you would like to purchase. https://youtu.be/D6vvMR4iLZE Let’s start by looking at the upsides to buying a Fixer Upper: Pro …

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3 Big Mistakes Home Buyers Make in St. John’s

When moving to St. John’s, NL you want to avoid these 3 Big Mistakes when buying properties. https://youtu.be/fqsnzCx5lVg Mistake #3: Not Considering Parking Are you a multi-car household? If so, you will want to make sure you take parking into consideration when buying a house. There are a number of areas of downtown St. John’s where you have to have a permit to park …

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3 Ideas to Save for a Home Downpayment 

Do you want to buy a home but don’t have a downpayment? This is one of the biggest hurdles to overcome before purchasing your first home. Here are 3 IDEAS to help you SAVE FOR A DOWNPAYMENT so you can become a FIRST TIME HOME BUYER. Idea #1: Make your Parents your Partners My first idea might be both the easiest and hardest thing …

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3 Financial Mistakes First Time Home Buyers Make

Are you ready to take the leap into homeownership but worried that as a first time home buyer you might not be making the best financial decisions? I’m going to share with you 3 financial mistakes that I see first time home buyers make so that you will know WHAT NOT TO DO in order to set yourself up for financial success as a …

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3 Tips for First Time Home Buyers

You made the big decision to buy new home but now you just don’t know where to start.  Don’t get overwhelmed, I am here to help and in this blog I will tell you 3 TIPS on HOW TO GET STARTED as a FIRST TIME HOME BUYER. Tip #1: Get Pre-Approved You should absolutely go get pre-qualified or pre-approved for a mortgage before you …

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