The real estate market continues to change and we've now entered a balanced market, which means that neither sellers nor buyers have the advantage. In other words, market conditions are fair on both sides.
You might wonder if I'm a little crazy in saying this, especially when reading that the number of homes sold in July in the Greater Toronto Area dropped by 34% compared to July 2009. ...
Posted by Jim Datlen
on August 6, 2010
So, the end of May has just passed and the market is proving to be rather interesting at the moment. I'm helping some Buyer clients look for homes, and interestingly, multiple offer situations are starting to happen once again. Admittedly, this is in the "hot" area of Leslieville just east of downtown Toronto. But even here in Brampton where I do most of my work, the market is ...
Posted by Jim Datlen
on June 2, 2009
Well, it's the last week of April 2009, and the market is growing - just like the spring flowers in the garden! Yep, even in these trying economic times, the market IS improving!
Over the last few weeks, I've experienced more activitiy in the market. Homes are starting to sell a little bit faster, and I've even shown buyers houses and when we've begun to prepare an offer, we've found ...
Posted by Jim Datlen
on April 24, 2009
I read the newspaper every morning as I eat my breakfast cereal and drink a cup of coffee. And, I find it interesting how headlines don't always reflect the true nature of the story. But then, headlines are designed to grab your attention, right? Over the last few months, newspaper headlines have been a little scary i.e. the real estate market has "FALLEN BY 40%!!!" and "HOUSE ...
Posted by Jim Datlen
on March 9, 2009
So, I'm sitting here on a Tuesday evening in mid-November 2008 writing this blog and I've been thinking to myself this afternoon about the state of the market. Well, I personally don't think it's that bad. HUH?!?!? You're probably thinking I'm nuts. But, I don't think I am and let me tell you why.
The market is simply that - a market. Prices go up, prices go down, volumes ...
Posted by Jim Datlen
on November 18, 2008