|
With all the news about interest rates, housing sales, and forecasts, you might think that the real estate market is a bewildering place. In some ways, you’d be right! The market is certainly active. There’s a lot going on.
But, it would be a mistake to let all that noise discourage you from making a move. If the timing is right, and you’re ready to upsize or downsize - or simply move to a neighbourhood that better suits the lifestyle you want - you should at least get the information you need to make the best decision.
I can help.
As your real estate professional, I’m always available to help. I can fill you in on what’s happening in the local market, help you determine what kind of new home you are qualified to purchase, and give you a clear idea of the properties currently available.
You don’t have to try to figure this stuff out on your own!
Even if you’re just at the “thinking about it” stage, I recommend getting the information you need now. That way, you’ll be prepared to make the best decision when you’re ready.
|
|
Debbie DiMascio
Sales Representative, DiMascio Group
"Oh by the way...If you know of someone who is thinking of buying or selling a home, who would appreciate the kind of services I offer, I would love to help them. I am never too busy for your referrals!"
|
Sellers can anticipate prices to increase 3.8% in 2020!
|
|
|
| |
Hamilton-Burlington housing market will favour sellers in 2020, with an average residential sale price increase of 3.8 per cent anticipated for the region next year, in line with historical price appreciation.
|
|
Hamilton-Burlington is currently experiencing a seller’s market, with 1.9 months of inventory in Hamilton and 1.6 months of inventory in Burlington. Buyers have adjusted to the mortgage stress test and have found other ways to finance home purchases, such as through private lenders as opposed to banks.
There is currently a development freeze in downtown Burlington that could delay future development in the area even further if it is not lifted. The industrial sector in Hamilton has picked back up and the economy is expected to be impacted positively in the coming year. Move-over buyers from the GTA who are looking for more space are driving the market.
Increased GO Train service and higher levels of affordability in the region compared to the GTA are the most influential factors that will impact the Hamilton-Burlington housing market in 2020. Move-over buyers are expected to drive demand in 2020, in particular, moving from the GTA in search of more affordable properties.
The hottest neighbourhoods in Hamilton for 2020 include Leckie Park, Waterdown West and Fifty Point. In Burlington, in-demand neighbourhoods include Brant Hills, Central and The Orchard.
Click to read the full RE/MAX 2020 Housing Market Outlook Report. |
|
|
January 2020
Volume 14 - Issue 9
|
|
|
If you are looking for a specific type of home, contact DiMascio Group and request an email alert so you will be first to know about new properties that match your search criteria!
Please visit the link below to view the latest digital issue of Homes & Land of Oakville - Burlington - Milton, View Online Magazine
|
|
|
Residential Market Activity
|
|
|
| |
December 2019
Burlington/Hamilton
|
|
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 585 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in December 2019.
This years December sales are up 3.9 per cent over December 2018; however, are down from both November and October of this year. The average price for residential properties increased by 7.6 per cent from December 2018 to $581,566.
Click Here To View More |
|
|
Three Lists to Make When Selling Your Home
|
|
|
| |
|
When you put your property up for sale, you want to make sure that potential buyers get all the information they need on the features of your home and its surrounding area. If, for example, buyers don’t realize there is a great school just a couple of blocks away, they might cross your property off their shortlist.
|
|
|
An effective way to make sure something like that doesn’t happen is to create three lists.
#1: The “I’ll miss it” list. Chances are, there are things about your home that you’re really going to miss when you move. One of those may be the spacious living room that’s ideal for entertaining or the nearby park with scenic trails that are perfect for walking and biking.
Whatever you’ll miss, put it on the list! Chances are, those are features that will also interest buyers.
#2: The “Just the facts” list. What are the facts about your property that a buyer needs to know in order to consider purchasing it? This may be a very long list including such items as total square footage, number of bedrooms, number of bathrooms, property taxes, size of yard, and more.
#3: The “repairs and improvements” list. Buyers are interested in the state of repair of your home, and in any improvements you have made to it. On this list include all repairs you have done during the past three years and, if possible, attach receipts. It’s especially important to include anything that has been replaced, such as the furnace or roof shingles.
|
|
|
Outperforming The Industry
|
|
|
| |
December 2019
Hamilton / Burlington
|
|
|
The best way to describe December 2019 was to call it a ‘triple crown’ month. Not only was this December the best in our company history, we significantly outstripped our market with a 10+% increase over last December. We out-produced our competition by 5 times.
Pushing us past 110,000 appointments for the year, our December appointments were up almost 20 percent, which bodes well for a robust January/February 2020!
|
|
|
Taste of Burlington Winter Preview Food Tour
|
|
|
| |
|
Join Redback Tours and The Taste of Burlington this winter!
|
|
Get your tickets for the Taste of Burlington Winter Preview Food Tour. Sip & Savour as you are the first to enjoy menu items from the upcoming Taste of Burlington winter menus at 4 of the participating restaurants. Luxury transportation provided by Redback Tours. Tickets are $85 and include food and sample beverages at each location. Limited tickets are available, so don’t delay – book your tickets now. Tickets make a great gift for the holiday season. Monday, February 3, 2020, departing at 5:15 pm and returning at 10:00 pm.
For more information about the Taste of Burlington program, please visit www.tasteofburlington.ca. |
|
|
|
.jpg)
Post a comment