Real Estate Market

 MARKET WATCH:  Happy New Year. Welcome to 2025! With the New Year, lower interest rates, more options for Buyers in mortgages is projected to give an excellent Real Estate Market in the new year. Buyers are returning with more confidence in their decision to purchase. Both 1st time buyers and those moving up for growing families are taking advantage of the stable pricing in this market. Encouraging changes including 30 yr. amortization, easier qualification with more inclusions to allow more Buyers the flexiblilty of 1st time home buyers benefits will assist those waiting to enter the home market or re-enter the market. The lower fixed term interest rates are encouraging Buyers to make a move.  Sellers, thinking of making their home changes in 2025 would find speaking with an Experienced Local Realtor in your market area for tips and information on market conditions, evalutions will give you the peace of mind that you can be updated and fully knowledgeable about the sale of your home or property as the market changes.   

It is our service to make your move, as Comfortable as Possible and leave the stress to us.  We also offer written Opinion of Values for certain clients needs. "Making Real Estate Comfortable" is our goal and every client's  needs are unique and therefore so is our "Fine Client Service."  Giving the Client the best from years of Experience in Real Esate Trades is something we do best. 

Thinking of Buying, pre-qualifying yourself with a lending institution takes the stress out and puts the fun in shopping for your new home. There are numerous, knowledgeable Mortagage Specialists that can get you the results to put you into Home ownership. Need help, don't hesitate to ask us. 

HST on Resale Homes: Over half of Ontarians believe that HST is applicable on resale homes and applies to the purchase price of a resale home which would increase the transaction cost substantially. HST IS ONLY APPLICABLE ON SERVICES INVOLVED in the transaction and not the sale price of the home. Along with still record low mortgage rates it is an excellent time to buy that first home or recreational/retirement property.  

For those who need to adhere to a budget when updating the home and prepare for the sale, there are many tricks to attract the buyer's offer to your home. The first 30 seconds after the buyers drive up may make the difference between obtaining the offer or not. The old saying: "curb appeal",  really is important. Remove all clutter from the porch, and yard. A new mail box. A colourful planter creates a personal invitation into the home through a freshly painted door.

The next 15 seconds are also crucial in attracting the buyer to submit their offer on your home. You are selling a perception of a life style and a dream. Once the buyer has entered your home, cleanliness becomes the key factor. Clean, spotless uncluttered homes sell first and fast. You want the house to feel open. Warm neutral walls. Paint is cost effective and encourages the buyer to submit their offer. Touch up scuffed railings, staircases and baseboards. Ensure windows are spotless and steam clean all carpets.

Limit those family pictures. Pack away trinkets and treasures ready for your move. Remove overpowering furniture. Fewer pieces placed strategically in the room is best, making the whole space feel bigger. Less to do on moving day.

The kitchen and bath rooms are often a deciding factor on the sale. Clean sparkling appliances and counter tops completely clear, giving the impression of more space. Replace chipped or stained counter tops or worn broadloom.  New faucets and hardware on cupboards can give an updated look on a small budget. Paint old Kitchen and bathroom cupboards to give a new look. New face plates, making them all match. Replacing a lighting fixture freshens and adds visual appeal. Re-caulk tubs and sinks. Give old tiles a face lift by scrubbing the grout. A new shower curtain and towels add colour and and freshens the room. Place a subtle air freshener in several rooms. A sparkling kitchen and bath could make the sale!

Tidy basements, sheds and garages, neat shelves and plastic storage containers give a very clean, organized look with little expenditure. Painting a basement cement floor can add a clean, new look to an other wise drab area.

When you work with a Real Estate Brokerage and it's Sales Representatives they have a "Client"  status of representation. When you're a client, the brokerage and it's representatives owe you a fiduciary duty, which means they must follow your instructions, keep personal information confidential and promote your best interests in a Real Estate transaction.

If you need information regarding the current market, mortgage qualification assistance, or the market value of your property. Give us a call or email us. 

We are pleased to assist you as always.  

Hope to see you soon, we'll be waiting for you on the dock!