Going Local

Home / Uncategorized / Going Local

Going Local

You may have heard the adage that ‘’every market is different.’’ But do you know why ? Here’s a look at just a few of the many factors that make every real estate market unique.

 

  • Which kinds of properties are – and will be – in demand in any particular market? That depends, in part, on its demographic characteristics, such as age, income, family size, growth rate, and migration patterns. For example, if retirees are flocking to a particular area, demand for condos there might increase. And as demand increases, so will prices.

 

  • This is relative to the supply side of the equation; that is, how many properties are available for purchase? Whether a particular community is experiencing a buyer’s market or a seller’s market largely depends on inventory levels.
  • The job market. Back to the demand side of the equation, is the local job base growing or shrinking ? In the markets experiencing job growth, demand for housing tends to be higher and, in turn, property values increase. Conversely, if a major local employer closes its doors, for example, the demand for and value of properties may decline.

 

I am in our market every day and I understand the subtleties affecting each neighbourhood. I understand the impact of the local economy on the value of your home. Whether you’re a buyer or a seller, this information is critical to your pricing and negotiating strategy.

 

I specialize in residential real estate in Oakville, Burlington, Milton and Mississauga. My goal is to provide you with an exceptional level of service that will ease you into your next home, through every stage of life. If you, or anyone you know, are considering a move and would like to receive listings, let me know and I can get you started. I am never too busy for you or any of your referrals.

Bringing Real Service to Real Estate!

 

Recent Posts

Leave a Comment

maxresdefaultFamily-room-700