Your Niagara Real Estate Podcast: Ep. #33
We had a little summer break so its time to get caught up on all things Niagara real estate. From prices to over ambitious sellers, mortgage rates and mental health…it’s all up for discussion on this one.
We had a little summer break so its time to get caught up on all things Niagara real estate. From prices to over ambitious sellers, mortgage rates and mental health…it’s all up for discussion on this one.
In another episode where we discover how much we don’t know, Eric Cleary, Realtor, joins us to talk about rentals, landlord tenancy, conversions, density intensification, and all things real estate. This is a great one whether you’re a landlord or thinking about getting into real estate investing.
The average sale price in Niagara reached $715,000 by April, experienced a minor dip in May, then recovered slightly in June to $712,000. As we moved into August, this number decreased to $680,000, a clear indication of how the rising interest rates have weighed on the market.
Right now, in July/August I have to remind sellers, please don’t go to the MLS to price your house. Buyers have more information at their fingertips through the MLS, through the photos, videos, and apps that let them know what your house has sold for. So if you’re trying to stretch the market, you’re not pulling the wool over the buyers eyes.
Neil Thornton always brings a trunk load of insight & big picture ideas to any conversation so we were thrilled we could trick him into spending an hour with us in the podcast studio.
Demand is picking up and prices are increasing in the GTA due to lack of supply. This is something I’ve been discussing for the past little bit because here in Niagara, what you need to know and understand is this is most likely coming our way. We are starting to experience that in certain price ranges and in certain locations in our region, as supply is now low and demand is high.
QUICK SHOT! In this episode, Statrick has a dig into the restaurant analogy and how it relates to running any business. Are you a transactional business or relational? The choice really is yours and the results will vary.
We cover the basics in what has been deemed to be part 1 of our chat with Lana Sgambelluri, Partner with Sullivan Mahoney Law Firm in the Niagara Region. From deposits to ownership structure, failed closings and all things in between. We hope you enjoy it. 🙂
Demand is picking up and prices are increasing in the GTA due to lack of supply. This is something I’ve been discussing for the past little bit because here in Niagara, what you need to know and understand is this is most likely coming our way. We are starting to experience that in certain price ranges and in certain locations in our region, as supply is now low and demand is high.
Sometimes it’s the smart move to make. Other times, it’s less smart. It’ll depend on market conditions and the granular realities of what’s going on out there. Have a listen to another You Niagara Real Estate Podcast QUICK SHOT! 🙂
In a twist on our normal podcast, we introduce Quick Shots. A quick, focussed discussion on a particular topic where we dig into it, and only that.
Greetings from the Davids and DeLaat team! The spring season is upon us, bringing along renewed energy and the perfect time for potential buyers and sellers to make their moves in the Niagara real estate market.