Wednesday, September 14, 2011

August Stats and Fall Outlook

Here is the link for the August stats:
http://www.kwar.ca/august-home-sales-up-from-last-year/

Fall is here. The kiddies are back to school and the world is regimented back in routine. Blech! At least the sun is shining, at least for today!

The summer concluded with house prices up a little bit even though the overall number of transactions was down a little bit. Pretty steady.

The fall outlook continues to be good. I got word this morning that ScotiaBank lowered their interest rates yesterday. There appears to be a slight advantage to the buyers right now with a few more listings on the market than buyers. It's a great time to get into the market for those reasons.

Certainly, the uncertainty of companies like RIM in Waterloo and the overall world economy (in the US and Europe) should be in the back of everyone's mind when making buying or selling decisions for your own family. But generally, the economy in Canada continues to hold it's own and certainly presently Kitchener-Waterloo is still a great place to invest in real estate.

I spent the last two days updating my data base and was overwhelmed with thankfulness. It was a great reminder of some of the great people I have had the pleasure of working with in the past and also the number of those people who trusted me enough to refer their friends and family to me. So blessed.

I take this trust seriously and work hard to be sure I exceed the expectations of my clients.
Thanks!