Buy Low - Sell High

It's the simplest, most logical statement in business: Buy Low - Sell High... Yet, most people only believe it in theory and act differently when making actual decisions!

When the price of something is increasing many rush to purchase it, and when it's decreasing they get anxious to sell it off quickly! They Buy High and Sell Low!!!

In Canada we have historically low interest rates right now and there are areas where you can still get very reasonable deals in real estate. However, I still meet "investors" who are too cautious to buy anything and tell me that they will wait for the conditions to correct themselves first. So they are hoping that prices will go down.

My mind goes back to 2002 and 2009 where I heard the same sentiments before - and what happened? Prices went UP and not down. If you are not selling your property cheaper, and I am not selling mine cheaper and none of your friends and neighbours are prepared to take a loss in their real estate values, then HOW are the prices coming down, eh?!

Smart investors, BUY LOW. If you factor in the thousands of Dollars saved in interest alone, then THIS is the time to BUY and reap the benefits in the next decade. History can only repeat itself.

Take advantage of great Interest Rates

So last month, again, they did the sensible thing and kept the interest rates low. It's a delightful thing to see the Government awake and smelling the coffee!

The Bank of Canada says it will need to keep interest rates at current, stimulative low levels for some time to come, although things weren't that bad in the first quarter of 2013.

As expected, the central bank kept their rate at one per cent, where it’s been since September 2010, helping bring about some of the most favourable borrowing conditions ever for Canadian consumers and businesses.

As well, the bank statement indicated that the current policy position will likely be needed for some additional time, after which Canadians should look for a modest increase in interest rates.

In essence, the bank is saying that the Canadian economy continues to require considerable monetary stimulus in order to keep its head above water. This is good for the BUYERS who want to buy a home soon, because they get a great mortgage rate, plus they can potentially purchase their ideal home for a slightly lower price!

If you are buying a home in 2013, don't miss this truly Golden Opportunity. Send me an email and tell me what you need, so I can keep an eye on the market for you!

Best time to buy or sell

As a real estate agent, I’m always getting asked about when the best time to buy or sell a house is.

·         Is this a good time, or should I wait?

·         How is the market?

·         Is it a buyer’s market or a seller’s market?

·         Will interest rates go up or down?

·         Will my house be worth more in the spring?

·         Will my house sell faster if I renovate the kitchen first?

       

Some people think I’m a fortune teller! But, seriously, it’s hard to predict the market. I will honestly tell people what I know, what people in the real estate market are saying and what the newspapers say. It’s my job to keep up to date and knowledgeable about my industry.

But, I’m the friendly real estate agent, “Your Friendly Realtor” -and the honest real estate agent. I will also tell you:

The best time for you to move depends mostly on you!

The best indicators for the best time to move are your needs and wishes.

·         Do you want to be in your new home before Christmas?

·         Do you want to be in your new home before the school term starts?

·         Will you need to take some time off from work to move?

·         Do you want to move before it starts to snow?

·         How long will it take to sell your present home?

·         How fast can your home be ready for me to take pictures, and ready for an open house?

People buy and sell homes all year round, every day of the year. Someone might need to move because of a job transfer. Someone has to move because of a death or illness. Some retirement homes and nursing homes have waiting lists that don’t give folks much time to respond (It’s now or never, as Elvis sang.).

You could be just thinking about moving when a perfect house comes on the market. If you really want it badly, you might be willing to agree to a closing date that’s not at a perfect time and puts you under pressure to sell your present home quickly. But, if getting that perfect house is what you really want, then you’ll do what you have to do to get it. If it’s the best home for you, then it’s the best time for you.

When we work together to sell and/or buy a home, my first priority is to find out what your needs are. You are the most important factor, not the economy. I can help you to determine what those needs are, as people aren’t usually aware of all the variables. I’ve got experience that will help to guide you.

If you need to move quickly, I’ll do what I can to make it fast and smooth, and get you the best deal possible. But, if you want to take your time, I will wait with you. We can look at houses for as long as it takes to find you that perfect house- the one that fulfills your needs.