Interested in some local real estate market info? Take a look at some of these recent MLS facts & figures: • In the last 7 days, there have been 316 new residential listings posted for the Niagara region. In the same time period, there were 194 solds. A listing to sold ratio of 61%. A [...]
In the business of selling used goods, often, a part or parts of the product have been improved or updated over the years. Think of a used car with brand new tires, a BBQ with new burners or even a house with new furnace and central air. The common (and dangerous) denominator in all of [...]
We have noticed several examples of this principle recently. In general it is this: When buying something in short supply, the consumer may pay more than they feel it is worth (or possibly may pay more than it is actually worth). Establishing value on something that is in short supply isn’t always easy so there [...]
Baseball is in serious preparation mode. Much work is being done. Meetings held. Tryouts successful and tryouts failed. Players sent down. Players called up. Injuries. Victories. More work and more prep. All working towards when the real action starts. For us Blue Jays fans, that day was April 5th. We watch all this work that [...]
Obstacles cause pause in a buyer. They can be small, almost irrelevant issues and they can be large, leaking-roof issues. Either way, they are obstacles to the finish line of selling your home. The clearer the road, the better chance for success. In your buyer shoes, how much would you be willing to overlook or [...]
As spring slowly eases its way in, more homes are arriving on the market. If you have been pondering a move this spring and are not yet on the market, you may well be experiencing a moderate sense of panic. A month or 6 weeks ago, there were less options available for buyers which as [...]
Sami El-Farram, Mortgage Broker/Owner with Total Mortgage Source 360 (@TMS360) shares his thoughts on the 2.99% mortgage. Sami writes… So I jumped into my car last night after the Sabres 3-2 overtime victory over Montreal (2 points out of the playoffs!!!) to hear one of the big five banks is up to their old tricks [...]
We have been working with some out of province and out of country buyers recently. Aside from the usual real estate questions, there is another big question that often comes up. “What is there to do here?” The answer is there is plenty but like any other town, you have to get out and active [...]
As the weather forecast shows sunny with temperatures between 0 and 10 over the next week, the strange false-winter trend looks like it is going to continue. Knock on wood, we may already be easing into spring. Ladies and gentlemen. I would like to take this opportunity to coin a new phrase. Sprin-ter [noun] The [...]
At the end of the day, residential resale real estate is an emotional process. You have a buyer who is anxious, excited and quite possibly stressed into oblivion at the prospect of buying a home. On the other side of the table you have a seller that is likely anxious, excited and quite possibly stressed [...]
