Your July Real Estate Update

We hope you’re enjoying the summer so far.

Things are slowly starting to get better and it’s encouraging to know that our collective efforts over the past few months are paying off. While we’re not out of the woods yet, we are seeing progress.

As things continue to improve, you might have some questions about the local real estate market. Are homes selling? Where are prices right now? What’s the selling process given the restrictions still in place? How are people shopping for new homes?

Getting answers to these questions is crucial if you plan to move this summer or fall. But, even if it’s just for curiosity, it’s always good to stay up to date on what’s happening in the real estate market.

DiMascio Group can help.

We have the latest information and data and can provide you with the answers and advice you need. So, when you have questions, please feel free to reach out to us. Our team is always happy to help.

Debbie DiMascio 

Sales Representative, DiMascio Group 

	Direct: 905-330-6321 Office: 905-639-7676 Email: Debbie@DiMascioGroup.com DiMascioGroup.com realintro.com/dimasciogroup

"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!"

Newly Reno'd 2 Storey home w/over 5,000 SqFt of total living space. 4+3 Bedrms & 5 Bathrms make this the perfect home for your big family or a perfect investment property. Family Rm w/picturesque windows opens up to Elegant Kitchen featuring a large Island, high end S.S Appliances & an abundance of cupboard space.

Snuggle up in the Living Rm next to the cozy fireplace. Upstairs offers a master retreat w/5 PC ensuite & 2nd Bedrm. The lower level has potential for 2 separate apartments or keep it all open to allow your teenagers to have their own space w/2 Kitchens, 3 Bedrms, 2 Bathrms & living rm w/fireplace. The opportunities are endless!

Enjoy the outdoors on your 1 Acre private oasis offering new decking, above ground pool (2018), hot tub (2017) & Gazebo. Detached 2 Car Garage w/brand new siding & lifetime shingles(2018), 2 small outbuildings for ample storage & lots of room to enjoy campfires w/your Family & Friends!

Propane & Furnace are newer, brand new UV Light 5 stage reverse osmosis filter. Siding on the house was done in 2019, lifetime shingles (2018). Minutes to Hospital, Restaurants, Shopping, 406 Hwy & more! 

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Despite the continuing heat. last week we recorded 15.4% more appointments than the previous week. While new listings were up 34%, sales dipped slightly, taking our Sold/Appointment Index up to 14.7 appointments on average per property sold during the week. Higher inventory means more choices for Buyers which is directly reflected in this increase.

Overall in June, appointments are ahead of June 2019 by an incredible 31.7% already, with 3 days still left in the month.

Popular price ranges in Hamilton underwent a significant shift, with more higher price ranges than usual, including the $800-900k range the 5th most popular. Burlington also saw more higher price points in demand with the lower end of the spectrum not even registering in our Top 5 last week. Niagara continued to remain consistent as far as the price points being requested, however the $250-300k range was less popular than those in the $350-550k price points.

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One Twenty is a stunning reflection of an elegant and coveted lifestyle — featuring a masterfully designed exterior of clean lines, modern wood panel siding, and sleek shades of grey. With a nod to mid-century modern design, One Twenty is remarkable.

Accessorized with glass balconies and lush landscapes — this is more than a building, it’s a home to be proud of. It’s the one you always wanted.

NEW PROMOTIONS:

*1 year FREE maintenance (which will be applied as a discount based on the calculation of 12 months of the first year budget as per the condo docs)
*Window coverings
*Vinyl plank flooring in bedrooms (upgrade from carpet)
*Deposits from 12% to 10% (scheduled within 122 months)
*Reduced assignment to $5,000 from $10,000 for the first 10 units.

** Approximate value $8600 + $500 for assignment clause**

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My home town and Niagara’s premier builder, making Burlington my home in 1996. I have owned a custom "Mountainview" home in Fonthill and have SOLD communities in both Fonthill and St. Catherine’s. 

TO LEARN MORE:  Call / Text Debbie DiMascio Today! 905-330-6321

For example, say homes don’t go on the market often in your area. That’s an indication that the quality of life in the neighbourhood is so good that no one wants to leave! In real estate, we measure the area’s “turnover rate”, and it’s a handy piece of data to have when listing your home.

Demographic data can also be helpful when selling your property. If your neighbourhood has a lot of families, for example, that’s going to be appealing to buyers with kids.

Other types of data that can help sell your home include:

• Planned local construction.
• Proposals for neighbourhood improvements, such as a new playground.
• Rates at which local property values are increasing.

Any information that shows the advantages of living in your area is going to be useful when selling.

Still, it’s a good idea to review your policy with your insurance advisor and find out what’s covered and what isn’t. For example, you don’t want to discover that your policy will not cover the cost of repairing the damage caused by a flood in your laundry room.

Pay particular attention to coverage in the case of water damage. Some insurance policies don’t cover floods and sewer backup unless an additional rider is purchased.

Also, check liability limits. Ask your advisor to recommend an appropriate level. Finally, make sure you know exactly how much your home is insured for. Are you covered for the full replacement cost? Are you comfortable with that coverage or would you rather only insure for the actual cash value?

Having the right insurance policy gives you peace-of-mind and is an important part of enjoying your home.

The best way to prevent fire and injury is maintenance. Remarkably, few people are even aware that BBQ maintenance is necessary. It is.

Every summer, experts say you should clean out the venturi tubes. Those are the little metal pipes that carry propane or natural gas. Pipe cleaners work well, although hardware stores also carry specialized tools for this purpose. The goal is to clean out any built-up dirt and debris. Don’t be surprised if you find spider webs inside a venturi tube!

Your BBQ grills should also be cleaned with soap and water each year. Just scraping them before barbequing isn’t enough. Fat and oils from cooking can build up on grills and harden. If you’re getting a lot of flare-ups, this may be the cause.

Finally, make sure nuts and bolts are tightened regularly, and replace any rusty hardware. Regular use, heat and weather can loosen or weaken bolts, particularly on the frame. Several fires each year are caused by BBQs tipping over or collapsing.