New property listed in Sault Ste. Marie
I have listed a new property at 64 Elliot RD in Sault Ste. Marie.
64 Elliot Road is the perfect starter home for the handy-man first-time buyer or would make an excellent BRRR for the savvy investor. Offering great curb appeal and smooth interior layout, all this home needs is some cosmetic TLC and new windows. 3 spacious bedrooms, separate dining room, big bright family room and a large dry unfinished basement ready for development. Gas furnace installed in 2008, shingles between 3-5 years old. This purchase comes with a transferrable home warranty that will cover up to $15k in major system breakdowns for up to 12 months. This home is solid and the opportunity for equity gain is there! (id:2493)

Don't let inflation halt your real estate goals
Inflation is on the rise, but don't let that deter you from going after your homeownership goals. If homeownership is one of your goals for 2022, you're still on the right track! Real estate has historically been looked at as a hedge against inflation.

Here are a few reasons why it's still a good time to purchase a home:
◾️ You are protected from rising rental costs. Rent prices are projected to keep rising throughout 2022.
◾️ With a fixed mortgage, you lock in your monthly housing payment, regardless of what's happening in the market.
◾️ Interest-rates are still incredibly low. This can help save you thousands over the life of your loan.
◾️ Your real estate investment has the potential to increase in value.

Is homeownership one of your 2022 goals? Please reach out to discuss more!

Jennifer Parsons | REALTOR®
(705) 257-9114
StreetCity Realty Inc., Brokerage

Factors Influencing the Housing Market
The last couple of years have seen a tremendous shift in real estate prices all over Ontario, and the information surrounding this can be confusing.

There are MULTIPLE factors that affect the housing market, not just one or two things that are written about in blogs.

In order to be a savvy seller, buyer, or investor it is important to understand the "ingredients" that go into home pricing and how experts predict future housing markets.
Historically speaking investing in real estate has been one of the best ways to hedge against inflation. If you surround yourself with professionals who are looking out for your best financial interest, becoming a homeowner (or investor) in 2022 is still very possible.

If you have questions about the real estate market in general or want to develop a solid buying strategy, give me a call!

Jennifer Parsons | REALTOR®
StreetCity Realty Inc., Brokerage
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