The first time you do something, you’re likely to make mistakes. Unfortunately, mistakes when you buy a home are truly costly. Here are the common mistakes many first-time Calgary home buyers make and how to avoid making them yourself.
Canada’s housing market has long been considered quite overheated. This trend is mostly driven by the extreme markets of Vancouver and Toronto housing markets; these are the markets that government regulations limit loan to value ratios among others that were targeted at cooling. Conversely, the Fort McMurray housing market is crashing along with activity in the oil patch. But where does that leave Calgary’s housing market?