As we're getting close to 2024, Niagara is still proving to be a great place to buy, sell and invest in Real Estate. "Niagara housing prices are holding strong with a slight decrease in price of less than 1% month over month and year over year. We also see an increase in sales and new listings year over year,” reports Niagara Association of REALTORS® President, Amy Layton. “This is a good sign which continues to show Niagara remains an attractive place to buy a home. A higher average days on market of 45.5 days from 37 days in October 2023 shows people…

The Niagara Market Update for August 2023 Niagara real estate continues to hold steady, and with the recent Bank of Canada announcement September 6th that interest rates will hold for now. August showed us less new listings than July, with basically the same amount of sales, but this is expected during this month, as many are enjoying the last days of summer and getting the kids ready for school, We are also seeing the gap getting smaller regarding HPI composite benchmark price. Prices are only down 1% from July to August of 2023, and down 3.6% from August 2022 to August 2023.…

Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: “Deciding whether it’s the right time to sell your home is a very personal decision. There are numerous important questions to consider, both financial and lifestyle-based, before putting your home on the market.” So, ask yourself this: why do I want to move in the first place? Chances are your primary motivation isn’t just…

The Niagara Region is experiencing a balanced market with housing prices rising slightly. This stability indicates a healthy real estate landscape, attracting both buyers and sellers. The consistent increase in housing prices showcases the Region’s desirability and points to a strong market going into the Fall. Reach out if you have any questions.

Welcome to the exciting month of June, where we celebrate National Homeownership Month! Whether you're a first-time homebuyer or someone looking to upgrade your current living situation, there's no denying the profound impact that owning a home can have on your life. In this blog, we will delve into the top five benefits of homeownership, highlighting the advantages that await you when you decide to invest in your property. So, let's explore why homeownership can be a life-changing experience!

Looking to buy a property can be quite overwhelming especially if you don’t know what to expect or where to begin your search. One of the best decisions you can make when searching for a property is to hire a personal real estate agent. A personal real estate agent at Tracy Phelan can help make the process easier and less stressful for you. In this blog post, we’ll be discussing the benefits of hiring a personal real estate agent for your property search.

Thank You for all the support I’ve received from everyone that made this another memorable year.  To my awesome colleagues, photographers, videographers and stagers!! It takes teamwork to make the magic happen. I’m grateful for all of you and the opportunities that came my way. As we look forward to 2023, I’m excited for all the possibilities and opportunities to help many new families buy and sell homes and build more lasting relationships.  Thanks again for all your support! All the best to all of you in 2023.      

Niagara Real Estate Stats stats below for November: The Niagara Real Estate Market Report Year over Year - November 2022 vs November 2021 New listings in the Niagara Region were 880 in November 2022 vs 751 in November 2021, which is a increase of 17.2% Residential home sales in Niagara totaled 335 homes in November 2022 compared to 669 in November 2021, which is a decrease of 49.9% ⬇️ The average HPI composite benchmark* price was $642,600 in November 2022, compared to $701,400 in November 2021, which is a decrease of 8.4% ⬇️ ⭐️The Niagara Real Estate Market Report Month to Month, November…