The Rollercoaster Ride of 2017…

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2017… a year to remember or a year to try and forget?

If you bought or sold a home in 2017,  you are no doubt looking back and asking yourself if you made the right timing decision.  If you were buying or selling  a home for you and your family, rest easy, yes you did…

Real estate is one investment that you are assured that if you buy for the long term, you have made a good investment.  Historically, real estate has held its value and increased in spite of it being a buyers’ or sellers’ market when you buy.

If you attempted to buy a home in 2017, and are still looking, relax.  The market is becoming a more balanced one, and more and more homes are coming on the market.  All indications are that it should be a robust spring market, with more homes coming on the market.  Prices are not expected to show the wild increases we saw in 2017’s spring and summer markets.

If you held off selling in 2017 because you were concerned whether you would be able to find a home to buy for your family, now is the time to speak to your REALTOR® and start planning for your move in 2018.  The increased number of homes expected to come on the market in the spring, should provide you with the confidence to plan your sale and purchase of  a new home.

Many home owners say they are waiting for the spring market.  Keep in mind, the spring market is not April… traditionally, the spring market in the Hamilton/Burlington area starts in early March. That said, the spring market has started as early as the first week of January some years, when there have been lots of buyers ready to make a purchase.

If you are looking for some advice you can rely on, please call one of our real estate professionals.  At Coldwell Banker Community Professionals, we believe a well informed buyer or seller is the happiest client.  Our sales professionals are ready to help you make the right decisions for you and your family.  And remember, we offer the Ultimate Service Guarantee!  If we are not providing the service we promise, you can terminate your buying or selling agreement.

It’s that time of year…

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THE END IS NEAR! Don’t panic, I’m only referring to 2016.

This year seems to have just flown by… For those of us in the real estate profession, it has been an interesting year in many ways.

The market picked up momentum early in the year, and we found ourselves in a market where you were happy to only be one of 5 representing a buyer trying to purchase a property instead of 15 or 20…  Many buyers experienced an emotional ride to homeownership, and many stepped back and decided not to get on the roller coaster this year at all.  The government got involved, changing policies to try an cool a market they felt was overheated.

The market does not seem to be slowing down in the Hamilton/Burlington area in spite of the government intervention.  We are also beginning to see the slow climb of interest rates, which has many wondering whether our days of record low rates is coming to an end.

Looking back, a lot has happened this year, and looking forward, it appears that 2017 may be just as busy.

As 2016 comes to an end, we would like to wish everyone the best of the season, however you celebrate it – Happy Hanukkah, Merry Christmas, Joyous Kwanza, Happy Holidays…!

And a Happy New Year to All!  Let’s see what 2017 brings!