June 9, 2021 | Kelvin Behrens
It's easy to forget what a normal market is like as we've become accustomed to seeing bidding wars, overasking prices and quick sales. Normal markets are simply that, normal.

June 2, 2021 | Kelvin Behrens
Now your purchasing power has been diminished ever so slightly. So if you were near your max before when thinking of purchasing, that max has now been reduced.

May 26, 2021 | Kelvin Behrens
The interest rate for both high-ratio mortgages (less than 20% down payment) or non-insured mortgages (20% or more down payment) will find the interest rate raised to 5.25%.

May 19, 2021 | Kelvin Behrens
Considerably less new listings and less sales are continuing the sellers market we've become accustomed to in the last several months.

May 12, 2021 | Kelvin Behrens
Although sales have increased week over week, it's showing a decrease in incoming inventory. With less inventory, this increases competition on existing properties which could potentially put us back into multiple offer situations and higher offers.

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