Even though global warming seems a distant dream, January heated up in the real estate market across Oakville. There have been years when hibernaton ends in February or March for people looking to get into the market, but this year it has started early. Properties are receiving more attention and often are ending up with multiple offers. Despite the nasty weather, buyers are coming out in droves and getting into the mood.
Some key points to consider when competing in a fast moving market:
1- be pre-approved by your lender for more than the amount listed
2- know your limits - dont get caught up in the hype
3- have your agent set up a time with the listing agent - don't try to drop in
4- know the schools and amenities in the area
5- have a comparator sheet to make notes of all properties viewed
If you are not working with an agent that knows the area, find one and ensure they are representing your interests. Make sure the agent you select knows the data from the area. If you want to discuss the data in Oakville to understand the market dynamics, contact Jason Lewis, 905.510.0835 or firstname.lastname@example.org
If these cold winter days are this hot already, the spring and sumer will be on fire!