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Market Update

        Market Update July 1st – December 31st 2023 was a very interesting year! We faced limited listing inventory and rising interest rates but despite these factors the local Real Estate market continues to be strong. Interest rates continue to be the reoccurring headline when discussing the Real Estate market locally, and…

Market Update

  Market Update January 1st – June 30th Interest rates and inflation have been hot topics this year and rightfully so. Both factors have a direct impact on how affordable your lifestyle is, which in turn affects the local real estate market. When the cost of living goes up people are less likely to make…

Fall Market Update

  Fall Market Update September 1st – November 30th By: John Wiebe The number one question realtors get asked is: “How’s the market?”. We’re hoping this post will shed some light on this very loaded question. In the past 2 years or so the local real estate market has been a whirlwind of bidding wars…

Summer Market Update

    Summer Market Update June 1st – August 31st, 2022   As interest rates continue to rise, buyer’s motivation level tends to decrease which results in more listings sitting on the market for a longer period of time. This increased listing inventory gives buyers the opportunity to shop around and negotiate with sellers more…

Quarterly Market Review – Spring

    Quarterly Market Review Spring, 2022   “The Real Estate market seems to be shifting…”     New Listings MLS stats – homes & condos     Sales MLS stats – homes & condos   Homes that Sold Over List Price Winkler – 29.67% Morden – 29.78% Altona – 20%     Days on…

2021 Market Review

  2021 MARKET REVIEW Stats are provided by the MLS (Multiple Listing Service). All statistics are based on all MLS listed Residential and Condominium sales. There has been an excellent number of sales in Winkler, Morden and Altona! The demand in the Pembina Valley remains strong as we reflect on the numbers in the past…

Possession & Moving

Possession & Moving   Congratulations! Your offer has been accepted, the conditions have been satisfied, and you have bought a house! So, what happens from now until you move in?   Before Possession Lawyer – Choice Realty will send all the sale documents to the law office of your choice. Your lawyer will contact you…

Making An Offer

Making An Offer   The time has come – you have looked at several homes and now you have found a house you would like to purchase. What happens next? This is the process your Realtor will take you through between writing an offer and putting the sold sign up.   Pre-Approval for a Mortgage…

Offer Deadlines & Multiple Offers

Offer Deadlines & Multiple Offers By Dave Kasdorf   Real Estate in the Pembina Valley has long been known for two key attributes – stability and affordability. In recent years, the market in the Winkler area has especially been known to be a strong seller’s market. In a strong seller’s market where the inventory is…

Before Buying

Before Buying  By Nic Friesen   You’ve saved up the down payment and made the decision that it’s time to buy a house… now what? Although a very exciting time, it’s typically a decision that leaves you with more questions than answers. Contrary to popular belief, perusing real estate websites for your dream home is…

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