There is a rumour going around that now may not be the right time to buy a Calgary home. This rumour has been circulating for years and if you believe it, there has never been a right time to buy a home. The right time to actually purchase a home is when you are ready and have the down payment to make the purchase.
It is always the right time to buy a home in Calgary. Housing statistics go up and down across the board but you can always expect them to stabilize over time. This is the true power of the housing market and of putting your money into something that is a long-term investment.
If you have a family it certainly is the best time to supply a home for your children. Most people would agree that a family home is the best environment for children to be brought up in. It gives a sense of roots and stability even to children of a very young age.
Is now the time to buy a home? Do you have your down payment saved up? Can you meet the monthly payments every month based on your current salary and what you expect to make in the future? Are you prepared to pay the taxes and the utilities? What about repairs - will you have some extra money set aside to cover essential or non-essential repairs in the house as they come up?
If your answer was yes to all of the above questions then it is definitely the right time for you to buy a home right now. In fact, it is time for you to pick up the phone and call a real estate agent to set things in motion right away.