Thursday, July 8, 2010

Market Watch for June 2010

Happy July to all.

As we are all 'melting' from this short heat-wave that we are experiencing, we get bombarded with sad real estate market news. While you are reading about the sky falling in, once again, and the prices of homes dropping, once again, I hope you are enjoying the sunshine with a cool drink. We all know that by the lake provides the best and least expensive relief from the heat with the cool breezes that come from the water. Take a walk in a park. Set yourself under a tree and just smile as you read the gloomy news.

Those that are in "the know", seem to forget that this year our interest rates went up a little bit, HST has confused many as to who's going to pay the tax on what, and we are now in a summer market. The last couple of weeks I have been competing with FIFA, heat, G20, Parades, and summer heat as I hosted open houses. Were they slow? Yes, but I did have visitors. Are there buyers out looking for a new home? Yes. Are there sellers still thinking that the market is the same as it was 3 years ago? Yes, and it is taking longer to sell a home these days.

It is still extremely important for you to list your property realistically if you want to sell it in a decent amount of time. You must get an agent that can market your property and bring the most eyes to it and to showcase it, not just on MLS.

Here is the latest Market Watch for you to read over. As I predicted, it is now, yet again, a buyers market and a little more balanced market. If you would like to discuss your
specific neighbourhood, call me directly at 416 427 1875.

I don't go away for the summer. I do like to get out with my better half to play a round of golf. Would you like to join me? Again, give me a call and let's talk. Take a look at my web site: to read some of the new articles that I have posted. If you're on FaceBook or if you Twitter, find me and let's become friends.

Now, go out and enjoy the day. If you're going on a holiday, have some fun. Relax. This is summer. Listen to some songs that will make you smile.

As always, I look forward to your questions and to meeting up with you. Your opinions are of great importance to me. I like to keep the lines of communication open to all. If you see my signs for an open house, come on in and say hello.

Betty Bartusevicius, Sales Representative
RE/MAX Realty Specialists Inc., Brokerage
905 828 3434
416 427 1875

PSST: If you know of family, friends or colleagues that need my assistance, feel free to pass along my contact information. I am never too busy for your referrals.

not intended to solicit buyers or sellers under written contract with another Realtor or Brokerage

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