As many will attest, the start of this year has seen a downturn in the market - not so much in the prices, but in the length of time it takes to sell a house. For many of us in this industry that have been around for a number of years, we see this as a shift to a more normal market.
In the Halifax region we have been fortunate that the prices have remained stable, yet for the sellers out there, I'm sure they would like to see a return to the way the market has been for the last few years. To them I would say, take the advise of your salesperson, do those little things that will make your house stand out from the competition, and most of all, price it right. As hard as it is, be patient - the right buyer will come along.
To those buyers out there, for the first time in a long time, you have more choices, the prices are stable, the interest rates are terrific and with all those factors it is a great time to get into the housing market.