Great Headline in the Star this morning, "MARKET ON ROBUST REBOUND - Housing sales keep climbing, fuelled by low interest rates, and solid consumer confidence".
The last couple of notices/blogs that I have sent out have been very positive. During my open houses, buyers still are asking about the recovery from this mess that we were in. It wasn't even a mess but the media was exploiting in the U.S.A. With a little bit of the regular summer slow-down now upon us, homes are selling quite quickly if they are priced correctly. We are still seeing homes flying off the shelves and multiple offers keeping our inventory low with buyers jumping at anything new that comes on the market. Part of this seems to be that the buyers may be fearing that interest rates are going to go up next year and therefore are buying now rather than waiting for next year.
Those who chose to consider my advice have been the lucky few. Those of you who have chosen to wait until "the prices of homes come down some more" , I'm afraid you are in for a rude awakening in the next few months. Those homes that are priced well, are in good neighbourhoods in the communities of Mississauga, and are in decent condition are not staying on the market for very long. Choices are few. Buyers are not having the chance to see something a second time. "If you like it, you better be prepared to work on an offer with your agent."
We are firmly in a sellers market. Inventory remains very low. Take a look at the newest Market Watch.
I apologize to all my buyers, but I have nothing new to show you at this time. Watch my Betty's Pic of the Week for the Lorne Park area (updated regularly). I can provide you with access to hot listings (those that come on the market and you get an email immediately).
Do you know of family or friends that are thinking of making a real estate move? Pass along my contact information. Write my contact information in your telephone book under 'R' for 'REAL ESTATE'.
You can contact me at your leisure at http://www.bettybart.com/AgentProfile/contactme.cfm or directly at 416 427 1875. I look forward to hearing from all who are interested.
Betty Bartusevicius, Sales Representative
Re/Max Reatly Specialists Inc., Brokerage
OFFICE: 905 828 3434
DIRECT: 416 427 1875
WEB SITE: www.bettybart.com
not intended to solicit buyers or sellers under brokerage contract