The Niagara Real Estate Market Report Year over Year - January 2023 vs January 2022 As expected for January 2023, we are seeing less sales and more homes going up for sale compared to January 2022, which was a highly frenzied seller's market, as we all recall. We are definitely seeing a more balanced Real Estate Market. New listings in the Niagara Region were 771 in January 2023 vs 529 in January 2022, which is a increase of 45.7% Residential home sales in Niagara totaled 302 homes in January 2023 compared to 454 in January 2022, which is a decrease of…
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NIAGARA REAL ESTATE MARKET UPDATE - JANUARY 2023
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7 Great Reasons to Buy a House in the Winter
When it comes to buying a house, conventional wisdom would have us believe spring and summer are the prime purchasing months. The sun is shining, gardens are in bloom and “For Sale” signs start to pop up on front lawns… but perhaps we’re missing out on the best season of them all. Bargain Buys When the temperature drops, so too do listing prices, making it the perfect time to snag a real estate deal. People are less enthused about packing up all their worldly possessions in subzero temperatures. With fewer offers coming in, wintertime sellers are more willing to reduce listing prices to try…
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Know Your Micro Market
Know the Local Market when You Sell “The most common way people give up their power is thinking they don’t have any.” Alice Walker “If you’re working on something you really care about, you don’t have to be pushed. The vision pulls you.” Steve Jobs Are you thinking of selling your home this year? If so, you might be paying close attention to housing market news covered by the regional and national media. While that news can be helpful information, it can sometimes say little about what’s happening in your particular neighbourhood. In fact, it’s possible for there to be a balanced market nationally…
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30-Day Action Plan for Sellers
So, you’ve decided to sell your home. You’re excited for all the new possibilities! I know you want to get top dollar but, how are we going to make that happen? Here’s a 30-day plan of action: Day 1: Change Light Bulbs and Update Light Fixtures It’s easy to forget about all the bulbs that have burned out over the years, but you want your home to be as bright as possible. Lighting makes an incredible difference in how a home looks to potential Buyers. If you have dated light fixtures (it’s OK, a lot of us do), take a quick trip…
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2022 in Review
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.
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Niagara Real Estate Market Update
The Niagara Real Estate Market Report Month to Month, October 2022 vs September 2022 Month over Month, Niagara real estate has shown a small decrease in the benchmark price. The number of unit sales is slightly higher when compared to last month. This may be an indication of a trend towards stable pricing and sales in Niagara. Check out the monthly stats below: New listings in the Niagara Region were 1038 in October 2022 vs 1177 in September 2022, which is a decrease of 11.8% Residential home sales totaled 410 in October 2022 compared to 399 in September 2022, which is…
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Great Reasons to Sell Your Home in Fall & Winter
7 Reasons To Sell Your Home In Fall And Winter After a Spring/Summer as unprecedented as this year, a lot of sellers held off listing their homes, and now that winter is around the corner they are asking: is it worth it to list now or should we wait until spring? While we can try to forecast future markets, one thing we know for sure is that the market is still strong – properties are still selling. This Spring/Summer left many people wanting as there were fewer listing available. There are a number of reasons why I recommend to clients that they list their homes…
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Niagara Real Estate September Market Report
The Niagara Real Estate Market Report Month to Month, September 2022 vs August 2022 Our market in Niagara continues to soften. Although inventory is up, sales have slowed resulting in a continued reduction in overall average prices. It shows our average sale price is comparable to where we were a year ago. Check out the monthly stats below. New listings in the Niagara Region were 1177 in September 2022 vs 1095 in August 2022, which is a increase of 7.5% Residential home sales totaled 399 in September 2022 compared to 457 in August 2022, which is a decrease of 12.7%. The…
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Retirement and Real Estate
If you are retiring, you need to think about lifestyle changes you're going to make since you're no longer tied to a job. For many people, downsizing to a smaller -- and typically cheaper -- home is one smart lifestyle change worth making. Here are four big benefits that could make a move worthwhile: 1. Cash in your equity to bulk up your nest egg For many people, their home is their most valuable asset. If you've paid off all or most of your mortgage and/or if your home has gone up in value since you bought it, you might have tens of thousands (or…
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Planning for your Down Payment
'When it comes to saving for a home, Canadians have access to a number of investment strategies. ' Click on the link above for key information for first time home buyers.
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Top 5 Winter Curb Appeal Tips
Typically, it’s easy to make your house look attractive when flowers are blooming, the sun is shining or the leaves are changing colour. But how do you make your property look great during the cold months? We asked the RE/MAX Influencers—a panel consisting of RE/MAX Sales Associates from throughout Canada—for their top Winter Curb Appeal Tips. Below are their top responses. 1 – Sweep the Leaves, Shovel the Snow A driveway with a thick layer of snow is much less inviting than a clear pathway leading to the front door of a home. Sweeping leaves and shovelling snow is incredibly important to make your…
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Niagara October Market Report
The Niagara Market Report October 2021 vs October 2020 Residential home sales in Niagara totaled 774 homes in October 2021 compared to 896 in October 2020, which is a decrease of 13.6% The average HPI composite benchmark* price was $679,400 in October 2021 compared to $508,800 in October 2020, which is an increase of 33.5%. The Niagara Market Report October 2021 vs September 2021 Residential home sales totaled 774 in October 2021 compared to 707 in September 2021, which is a increase of 9.5%. The average HPI composite benchmark* price was $679,400 October 2021, compared to $657,400 in September 2021, which is an…
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