Woodridge Homes Corp

03/02/2024

https://financialpost.com/real-estate/how-to-know-you-are-ready-to-buy-first-home?utm_source=sfmc&utm_medium=email&utm_campaign=COMM_RAAI_Members_2024-03-01&utm_term=https%3a%2f%2ffinancialpost.com%2freal-estate%2fhow-to-know-you-are-ready-to-buy-first-home&utm_id=1006211&sfmc_id=192679442

Are you ready to start climbing the property ladder? This checklist will help you find out

01/26/2024

01/26/2024

01/08/2024

🤔🤣🤣 Thanks Lachlan!

12/15/2023

11/24/2023

Jason Cocar of Latitude Real Estate Group presents: 7301B 44B AV
Camrose, Alberta MLS # E4358285 $289,900 ~ Welcome to this inviting 1345 sf, 2 Storey half duplex home located across directly across the street form the playground and close and west end shopping! This 3 bedroom home presents a large entrance way and plenty of natural light. On the main floor, you will find a functional kitchen, 3 way fireplace , and lots of counter space. Also on the main level is a 2 powder room, open dining and living room. A large master bedroom with a 3pc ensuite, a second and third bedroom, a 4pc bathroom, and a laundry room. Outside features a cozy front porch, a patio off the master, bedroom, and one off the dining area. A landscaped yard and an oversized attached single car garage complete this home.
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11/22/2023

REMINDER to clean your HRV for optimum performance.

A Heat Recovery Ventilation system, or HRV, is one of the best ways to remove excess indoor humidity in your home while also improving your air quality. The HRV works by exhausting air outside while simultaneously replacing it with fresh air that flows into your home through your furnace.

A simple way to keep your HRV running smoothly and efficiently is by regularly cleaning the filters.

First, start by opening the access door to your HRV. Grip the ends of the core – it may be snug – and pull evenly outward. Gently slide the filters out.

Next, rinse the filters with cold water. If they’re really dirty, give them a gentle vacuum first and then soak using a mild detergent and warm water. Gently shake the filters to remove the excess water, allowing them to air dry. Don’t clean with hot water, the dishwasher or wring them out, as this may cause damage.

Reinstall your clean HRV filters in place against the core, and gently slide the core back into its original position.

We recommend cleaning your HRV filters every three months.

Disclaimer: Models may vary. Refer to your owner’s manual. The content in this video is for information purposes only and we accept no liability or responsibility…

10/23/2023

My Favorite 4 Letter Word = SOLD
Thank you Jason Cocar of Latitude Real Estate for meeting me at the negotiations table.

09/07/2023

Jason Cocar of Latitude Real Estate Group presents: 4430 74 Street
Camrose, Alberta T4V5C8
MLS® Number: E4357254
$329,900.00
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Brand new bi level build in Hustle Park offers immediate possession! 10 year new home warranty on this cute bi level - 1 yr. builder, 2 yr. heating, electrical & plumbing, 5 yr. building envelope, and 10 yr. structural. Open concept main floor plan allows for seamless entertaining and cozy nights in. Basement is roughed in and ready for development. The primary suite has a large ensuite and laundry room right near the entrance. Close to all amenities and schools!
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05/02/2023

Economic Insights from Dr. Sherry Cooper

It has been just over a year since the Bank of Canada started hiking interest rates. While the economy has remained surprisingly resilient, the housing market has weakened sharply.

The Bank has remained on the sidelines for the past two Governing Council announcement dates, and home sales have edged upward in very tight markets.


There is a rapidly growing housing shortage. As population growth remains strong and immigration targets rise, new home construction cannot keep up with demand. Demand for rental properties is surging, and rents have risen sharply for new tenants.

Another factor that could slow the economy this year is the rise in monthly housing payments. For those with adjustable-rate mortgages, monthly payments have already risen sharply. Most of those with variable-rate loans with a fixed monthly cost has hit their trigger point, and the amount no longer covers any of the principle. Most banks have allowed negative amortization but will require borrowers to return to original 20-year amortizations upon renewal. This could be quite a shock to consumers over the next few years.

The Office for the Superintendent of Financial Institutions is very concerned about the risk associated with these loans. We will be hearing soon from OSFI regarding more restrictions on mortgage lending.

The great news is that inflation is falling quickly, down to only 4.3% in March. The central bank expects inflation to fall to about 3% by the end of this year. So, barring unforeseen inflation pressures, the Bank could pause for the rest of this year. Rate cuts, however, are unlikely until 2024.

The Canadian economy will likely slow as the year progresses. The most likely scenario is a mild recession later this year. As we move into 2024, interest rates will slowly decrease to about 2.5% for the overnight policy rate. The economy will rebound, and the Bank of Canada expects to hit its 2% target on inflation. That might be hard to achieve, given rapidly rising wages and continued inflation expectations.