Why Fall Is a Great Time for First-Time Buyers in Edmonton

When most people think about buying a home, spring and summer usually come to mind. Open houses are busy, listings move quickly, and competition is high. But what many first-time buyers don’t realize is that fall can actually be one of the best seasons to find the right home in Edmonton—and secure a mortgage that fits your budget.

Less Competition, More Opportunity

By the time September rolls around, the summer rush is over. Families who wanted to move before the school year have already bought, and the market naturally slows down. This means fewer buyers competing for the same properties, giving you more breathing room to make thoughtful decisions—and sometimes even negotiate a better deal.

Motivated Sellers

Sellers who keep their homes listed in the fall are often motivated to close before winter arrives. That motivation can work in your favour, especially if you’re looking for a fair price or hoping to add conditions like an inspection or flexible possession date.

Mortgage Pre-Approval Advantage

Getting pre-approved before you start your fall home search is essential. Pre-approval locks in your interest rate for a set period (often 90–120 days), protecting you from potential rate hikes and showing sellers you’re a serious buyer. With fewer competing offers, a pre-approval can also give you extra leverage during negotiations.

Edmonton Market Insights

Here in Edmonton, fall real estate activity often shifts in your favour as a first-time buyer. With a solid mix of condos, townhomes, and single-family homes available, it’s a great time to explore your options without the pressure of a fast-paced summer market.

Ready to Find Your Match?

Buying your first home doesn’t have to be overwhelming. Fall is the perfect season to take your time, find a property that feels right, and secure financing that works for your future.

At Steven Murdoch Mortgages, We will help guide you through the mortgage process, compare the best rates available, and make sure you feel confident every step of the way.

Start your fall home buying journey today—reach out for a free consultation or get pre-approved online.