Change is in the Air

Hello and happy August. Can you believe how fast this year is going? Lambs are being born and daffodils are blooming. Spring is in the air, officially here in 4 weeks . 

For Those Buying and Selling in the Same Market:

In today’s market, our advice is to buy and sell simultaneously. Sellers, who are also buyers, have the advantage of taking their time to find the right home. We’re noticing more extended settlement dates to accommodate smoother transitions during this period.

For First-Time Buyers:

We understand that interest rates are still high, but if you can manage your mortgage payments now, think about the benefits when rates eventually decrease. This is a prime opportunity for disciplined first-time buyers to secure a home at more favourable prices compared to 2022 and then focus on managing the debt. It’s a great time for those ready to make their first home purchase!

Attention buyers! If you're still clinging to your sales stats from June and July, it’s time to shift your focus to the future. The market is increasingly favouring sellers, so the savvy buyers who act now are likely to come out on top. As we move into Spring, lower interest rates might boost buyer enthusiasm and demand, as we've seen in the past.

July is behind us, and August has arrived, marking the start of the race to Spring. With that in mind, I have 5 appraisal appointments open next week. If you're considering a move this Spring, please reply to this email or give me a call. I'm here to assist! 😊

See you soon,