The Magnificent Seven!

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Movie makers could only come up with seven magnificent cowboys. At Coldwell Banker Community Professionals we have an office full of magnificent individuals.

As part of our Ultimate Service Guarantee, we survey all our buyers and sellers to ask how we did. Many write in to tell us about their experience with our team of professionals, and I have selected some such testimonials to share with you. These are a sampling of the hundreds of surveys we receive back.

“Justin is the kind of agent everyone should have. His professionalism, while he helped and guided us through the purchase of a new property and the sale of our existing residence was greatly appreciated”

“Ozie was exceptional! We were blown away by his professionalism and kindness. Our expectations were exceeded”

“Jeannie was exceptionally helpful and accessible for all our home viewings. She made very helpful observations and was vested in finding the best home for us within our price range. She was, and continues to be prompt with messages. I don’t think we could have found our dream home without her!”

“It was a tough market and Jesse showed above and beyond customer service and PATIENCE! We are extremely happy with our final purchase!”

“As he has in the past, Vince went above and beyond our expectations. He provides exceptional customer service and prioritizes clients like they’re all his only one. I wish I could buy houses every year just to hang out with him more!”

“Amy is a very caring and devoted sales rep – She is looking out for our best interest. I will recommend her to my Friends and Family”

“Rejeanne was patient, understanding and she took the time to understand my needs, and as a result she showed me properties that were within my budget and needs She set me up with the listing alerts and I was able to view properties beforehand. My sales rep accommodated every change (and there were a few), and made every appointment as scheduled.”

“I was referred by a friend, but chose Coldwell Banker based on excellent rapport with Paul. Fast reply time, understood quickly, very patient in explaining everything (more than once). Paul made it comfortable to become a first time homebuyer.”

It’s impossible to pick just 7 magnificent experiences with so many to chose from.

If you are considering buying or selling your home, don’t hesitate to contact one of our Sales Professionals. You will receive the excellent service outlined above from everyone on our team.

At Coldwell Banker Community Professionals we don’t strive to be the Biggest, we strive to be the Best.

What the Experts Predicted, and How the Real Estate Market is Really Performing

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My crystal ball has been useless for years, so let’s consider what the “Experts” thought would be the trends for 2016. I have sorted through quite a few predictions for 2016, and here are the common themes…

Prediction #1 – High demand coupled with limited supply will continue to support the strong Toronto and Vancouver markets. Virtually the rest of the country is now balanced so expect only modest price increases, while the markets that are oil dependant will see more price reductions and a smaller number of transactions, which will push average prices down.”

A bit of hit and miss on this one… Toronto and Vancouver markets definitely have been strong, leading up to the BC tax on foreign investors. Vancouver may be cooling, but Toronto seems to be picking up the slack. As for the rest of the country, many markets are seeing record breaking price increases, Hamilton for example, but oil dependent Alberta has experienced reductions.

Prediction#2 – “Since mortgage rates are so tied to inflation, there’s a good chance rates will stay rock bottom in 2016.”

They were right on this one… The rate has not changed and it is expected that it will remain steady throughout the balance of the year.

Prediction #3 –  “The BoC expects the economy to strengthen and for borrowing rates to begin to normalize, which will help keep the housing market and household indebtedness stable”

The housing market is going strong, but recent reports on household debt indicate that consumers are spending themselves into a deep hole…

Prediction #4 – “In the vast majority of Canadian housing markets, this year will present buyers with the opportunity of time…it gives the buyer an opportunity to shop around to find something that best suits their needs.”

In the local market, they definitely missed on this one. This year had been one of the toughest markets in a long time to be successful in buying a home in the Hamilton/Burlington area. Competing offers has been the “norm” in our market with many buyers offering on 5 or more homes before being successful.

Prediction #5 – “In most markets in Canada, sellers will have to adjust to a slower market where multiple offers are no longer the norm.”

They missed on this one…

Prediction #6 – There will not be a housing crash in 2016

So far, so good. There are no clouds on the horizon indicating that the experts were wrong on this one.

In looking at the predictions, I guess the “experts” need to do a little polishing on their crystal balls before publishing their 2017 predictions.

Keep in mind that real estate markets are very local in nature. To find out exactly what is happening in your area, call one of our professionals.
At Coldwell Banker Community Professionals we don’t strive to be the biggest but we do strive to be the best.