Upcoming rate announcement + summer market update!
August 3, 2023
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, real estate advice, real estate tips, moving, time to buy, time to sell, canadian real estate, current values, pricing tips, pricing advice, summer market, mortgage rate increase, mortgage rates, buying advice, selling advice, real estate 2023,
Cliff Barron here with the market update for August 3, 2023. It's mid-summer so I'm doing an update of how the season is going along. To be honest, it's terrible! No, it's not that bad, haha. It's a typical summer, with the exception of the interest rate problem that we're going through right now. Summer is always slow. July and August are always slow. Eve...Read More
"Spring" into the housing market!
March 17, 2023
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, real estate advice, real estate tips, moving, time to buy, time to sell, canadian real estate, current values, covid real estate market, pricing tips, pricing advice, spring market, spring real estate, rate increase, mortgage rates, new home buyers
Cliff Barron here with my real estate market update for March 13, 2023. To recap, in the update I posted at the end of January, I mentioned that I thought the market had bottomed out a little bit and that it wasn't a bad idea to get into the market. Then, we had a few rate increases. Last week we didn't have any rate increase, so it just stayed put where it is. I have something inte...Read More
New year market shift + new interest rates = PERFECT TIME TO BUY?
January 25, 2023
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, real estate advice, real estate tips, moving, time to buy, time to sell, canadian real estate, current values, covid real estate market, pricing tips, pricing advice, sold above asking, new year market, real estate 2023,
January 2023 and my first market update of the year. So here we go - how's the market doing? I just sold a home the other day - lots of showings on it. I've got a few buyers and I've actually been involved in a bidding war in Guelph. I've seen more buyers coming out than I did months ago. What's going to happen with the market? Let's see - on the 26t...Read More
"Wrapping" Up The 2022 Real Estate Market
December 1, 2022
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, real estate advice, listing your house, selling your house, home buying, 2022, year end market, 2023 real estate
It's December 1st - how are we doing? How is the real estate market doing? It's kind of levelling off a bit. It's a more balanced market. I did a couple of deals in the past week. Lower price point homes ($500-$700K somewhere in that range). They sold pretty quick. They were priced right and within a week they were both gone (and both with multiple offers!) So we're seeing a ...Read More
Take A Shot!
October 24, 2022
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, real estate advice, listing your house, selling your house, home offers
So, what has been happening? The market is still slow. It's not like it was in the spring. We peaked in February, then in March it started to come down. April we started to come down rapidly. The reason was that alot of people bought because many of them didn't know that the market was going to shift at that time. They bought before selling so they had to put their home on the market. As s...Read More
Changing leaves... changing real estate market!
September 23, 2022
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, real estate advice, listing your house, selling your house, hot market, crazy market, The Cliff Barron Team, Cliff Barron, Jim Toris, offers with conditions, escape clause, september market, sell before buy
Happy Fall! My favorite time of the year - just wish it was longer! Getting to the market update - what's been happening? That's the big question in real estate - how's the market? I get that all the time. So, how IS the market? It's not bad, to be honest. It's not too bad. Let me give you a bit of a rundown: So, we peaked in February of this year and th...Read More
Locked In
June 28, 2022
Tags: house showings, house viewings, home prices, home sales, remax agent, georgetown agent, milton agent, current real estate market, real estate agent, real estate info, real estate stories, real estate humour, selling houses, buying houses, showing houses, top realtor, mortgage rates, locked in mortgage rate, buyer's market, seller's market, lowball offers
How's the market doing? That's the big million dollar question I get asked daily - almost hourly. Right now, it stinks. As a seller it stinks, to be perfectly frank. It really does - showings are low, appointments are low, open houses are everywhere because nobody can sell anything. Just drive around your town and you'll see open house after open house after ope...Read More
The Price Gap
May 21, 2022
Tags: home prices, home sales, remax agent, georgetown agent, milton agent, current real estate market, real estate agent, real estate info, real estate stories, real estate humour, selling houses, buying houses, showing houses, top realtor, Georgetown, Georgetown realtor, Georgetown homes, Georgetown broker, real estate advice
I did a deal in Milton a few days ago. The reason the deal happened is that my clients moved from a small townhouse to a larger detached. It was way larger - almost double the size. Believe it or not, they made the move for about $350,000 more and they doubled the size of their home. So today I'm talking about "the gap". The gap between a townhouse and a fully detached has real...Read More
Be sure before signing on the dotted line!
April 15, 2022
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, Milton agent, Milton realtor, Georgetown agent, Georgetown realtor, The Cliff Barron Team, good neighbour, desirable neighbourhood, deposits, losing a deposit, real estate conditions, firm deal
As expected, rates went up by half a point yesterday - that's going to affect mortgages of course. A lot of people are locked in though, so they've got their fixed mortgages. We might not see an immediate effect, but in June there are rumours of another half point increase, so we are going to start to see the effects soon, for sure. For now, we don't need to worry about the rates...Read More
Sold Over Asking?!
April 7, 2022
Tags: market update, real estate stats, brokerage, remax, remax agent, sales stats, georgetown, milton, real estate agent, current home market, real estate advice, Glen Williams, sold over asking, deposits, appraisals, bank loans
Sold over asking signs. You've probably seen them everywhere. Don't get used to that though because that's starting to fade away. Every single home was selling over asking up until maybe a month ago. You still see them now, but not as often as before because the market is shifting. You can see it. The number of showings are down, the number of offers are down. O...Read More