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Market Trends by the City

Monday Apr 2nd, 2018

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Hello. There are some suprises ahead. Contrary to what most people think, the real estate market is doing just fine. The biggest challenge for buyers is not financing or house prices, it is finding the right house that matches their wish list.  This weekend I was involved in a multiple offer situation in Hamilton. Who would have thought that?  What is happening is that a soon as good house comes on the market that is priced right, shows well, is in a great or even just... [read more]

3 for 3. He who hesitates is lost.

Friday Dec 15th, 2017

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This week has been incredible. Normally in December real estate slows down compared to other months of the year.  For Example. Everyday I usually get 2 or 3 calls from buyers or sellers asking about certain houses, areas or general real estate information. I had 3 people requesting to go see houses with me, great, let's get that house for you. In each case the houses had been sold within 2 or 3 days of being listed! Wow. If you are looking for a house, and there... [read more]

Real Estate Prices - Up or Down?

Monday Dec 4th, 2017

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Everyday I talk with current homeowners, interested buyers and sellers. The number one question is "Are prices going to go up or down in 2018", well if you know someone that can guarantee the answer to that please have that person contact me, I would love to hear how they can quarantee that.  Check out this chart Prices from 1971 to 2016 Here is a list of questions that I think most would be real estate buyers and sellers run over and over again in their head,... [read more]

How accurate are averages?

Friday Dec 1st, 2017

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Averages can be a little bit misleading, the median sale price is important. One low or high price sale can skew the numbers. Here are the October and November detached sales for Erin Mills and Clarkson, both great neighbourhoods in Mississauga.  Erin Mills October Sales 22 sales, average price $953,873.00, median price $847,500.00. Low sale $675,000.00. High sale $1,400,000.00. Erin Mills November Sales 19 sales, average price $1,028,289.00, median price $888,000.00. Low... [read more]

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