Spring has sprung! The weather is getting warmer. It’s a great time of year, as neighbourhood comes alive with activity.
Spring market always generates a media buzz. Sure, in some areas there are sour headlines proclaiming fewer homes sold – but, they’re missing the key fact… there are fewer homes for sale in most markets and that’s having the larger effect on sales numbers, as well as confusing attitudes. There are neighbourhoods where multiple offers on one new listing in the first week.
At the same time, glowing headlines report that the average home price continues to move up. Yes, in some areas, tight supply and competition for properties continues to boost home prices. This market has momentum and Buyers continue to show excitement for competitively priced homes. When buying or selling, it all comes down to street-by-street and neighbourhood-to-neighbourhood knowledge. Especially in times like these, rely on me, the Realtor you know, for advice that matters.
If you or any of your friends and relatives would like to have the market trends of a certain neighbornood, please send me a message. Planning to sell or buying real estate, please feel free to contact Eva Li at anytime. Text or phone call are welcomed.