Thursday, October 8, 2009

Market Watch Mississauga Real Estate

Now that we have put away our shorts and tee shirts, pulled out our sweaters (and some mornings mittens), we can all settle into the routines that we put aside during the summer months.

Most people were anticipating the inventory numbers to start increasing over September as potential sellers get back from summer vacation and decide to list. It hasn’t happened, yet. With listings down 42%, buyers are competing for less product, which leads to "bidding wars".

Homes that are priced well are not lasting on the FOR SALE list. Especially in Lorne Park and Mississauga Homes for sale. If you don't jump quickly, you lose because there are more and more multiple offer situations. Buyers are starved for product.

Much of the activity has to do with low interest rates. Consumer confidence is up. That's all you need in a recovering economy.

For a complete report, visit Market Watch on my web site, sign up and one will be sent to you automatically. Want to talk about it? Contact Betty at 416 427 1875 or through email at

My web site is a sought after resource for the weekly postings of available Lorne Park properties. By accessing Betty's Pic of the Week and signing up for the instantly downloadable report, you can receive up to date information of some of the homes that are available in this elegant community.

If you know someone who is thinking of selling or buying a home now or in the future, feel free to pass along my name and number as all referrals are greatly appreciated.
Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
OFFICE: 905.828.3434
CELL: 416.427.1875

No comments: