In today’s current market, sellers are getting top dollar for their homes while record-low interest rates are helping others lower their mortgage payments. Here’s why it’s time to get your home on the market.
1. Inventory Is Tight
Your home is a hot commodity! Currently, it would take about 3.6 months to sell all the homes on the market, a record low figure that does push the market toward sellers. But we aren't actually in a buyer’s or a seller’s market just yet. It is starting to change into a balanced market, here in the Haldimand area.
2. Prices Are Increasing
Because inventory’s been tight, this led to significant price increases during the pandemic. This means that if you list now, you’re more likely to get top dollar for your home.
3. Buyer Demand Is Up
After spending so much time at home, research shows that more than half of Canadian buyers plan to dive back into the market in less than a year, gravitating toward larger homes with more outdoor space in suburban and rural areas- which is good for our area in Haldimand, because we do have larger properties.
If you’re wondering what your own home would look like on the market, give me a call! I’m
happy to run a comparative market analysis to see what homes in your neighbourhood are going for right now.
If you want more real estate advice, support, tips and more- follow me on Instagram or Facebook to stay in touch! @elsie.jungas
or Phone 1-905-229-9500