MARKET STATUS - AUGUST 2011

Wow – Stock Markets volatile, World economies shaky but the local residential real estate market is steady. Median prices dropped only slightly which is traditional in the summer months of July and August.

We have sold all our listings and even had a bidding war on one property in July that pushed the selling price above list.

We see positive forces in the future and no need to panic. We look forward to an election in Ontario in which the economy will be a major issue (as it was in the recent election in Canada) and this gives hope for improvement. The Canadian Government is working hard to build export markets and we all want to see that happen in Ontario as well. Banks in Canada are solid and stable. Thank goodness we live here.

The Bank of Canada has announced no increases in interest rates until 2013. Low interest rates have been the major factor in fuelling the real estate market.

History shows the fall market is always strong in Halton Hills – Georgetown/Acton and country

Now is the time to list your property before the competition builds up.

Having listed or sold over 550 houses in the Georgetown area and elsewhere, we have a very good perspective on what makes a house show its best. Our services include a staging consultation with a professional associate, a preliminary home inspection and professional photography. The combination of these services ensures that your house will compete very well in the marketplace. We also have contacts to all the services you might need such as general repairs, haul away stuff, decorating, furniture arranging, moving, storage, etc. All of these things combined will help get your highest price.

It is a great time to sell and a great time to buy. Whether you are upsizing or downsizing we can help develop a strategy that benefits you. 

Please call us if you would just like to chat or if you know anyone who is thinking of selling.