For some, Monday mornings may be tough. For me it’s a great day to hear the success stories from the weekend. Monday is also the best day of the week because the results are in and we’re able to see trends and gauge just what the market is doing.
It was another successful weekend with many of our Ultimate agents reporting very busy open houses and agreements of all price ranges either faxed to our admin or dropped off for processing first thing in the morning. Record low interest rates are allowing more and more first time buyers to take advantage of the opportunities that exist. We know things are better when agents are once again setting offer dates and homes selling for over asking price. Withholding offers didn’t exist for several months but once again they’re creeping right back in as common practice. The downtown core is not the only area that has experienced a resurgence. To view a recent CTV interview with Michael Polzler, please click here
I know the market has changed because we’re personally in the market for a home. Our growing family needs a larger home and we can no longer wait until the weekend to view properties. We’ve quickly realized that we need to act quick and have already missed a couple of great opportunities. See, I’m not only sharing my insight as a Broker but through the eyes of a buyer.
Tim Syrianos
RE/MAX Utimate Realty Inc., Brokerage
Filed under: Home Buyer tips, Home Seller tips, Personal Stories and Opinions, Toronto Market Watch | Tagged: Home Buyer tips, Home Seller tips, Toronto Market Watch
