Well it's the end of April but the spring market has now officially arrived. Houses are quickly moving off the market as quickly as they are coming on. In the past 5 days 10 new listings and 8 solds, that doesn't include pending solds. So houses are moving off the market as quickly or quicker then they are coming on. As well listing that have expired in the past are coming on at a higher price. This reflects a lower inventory of houses and greater demand.
Marc Freeman's blog
It's April 4th but the weather outside is still very chilly. Snow flakes still in the sky at times. This has led to a late start to the spring real estate rush. So it's not too late to get your house on the market. In fact we are a little tight in supply here in Terrace. So it is a great time to consider getting a Price Valuation on your property and allow me to tell you what I do to market your property. As soon as some warmer weather comes our way I am sure we will see a very active market. All signs seem to be pointing that way. Unf
So you finally make the big decision to sell your house. So what next? It's the realtors job right? Well there are some things you can be doing to help sell your house quickly and for top dollar.
Well we are now at August 8th and the middle of Riverboat Festival here in Terrace. This weeklong festival has all kinds of family friendly events. Terrace's new waterpark is now officially open and cooling off kids in our community as we continue a Hot Streak of several days. Fire ban is still in effect as parts of the province continue to fight the wildfires. The real estate market also seems to be running quite hot. For the past couple of months we have seen properties that have been sitting on the market for quite some time being sold. This is gre
Hard to believe that we are well into June. The market has pick up speed increasingly over the past two months and now some price points are in short supply. This will put pressure on prices. Still and excellent time to buy and to sell. Don't allow the increase in SOLD signs scare you off. There is lots of great homes still on the market. One of the great side benefits of living in Terrace is the longer hours of light over the summer, and we are enjoying that greatly. Hope you are as well. Get out for a hike, work in the garden or visit Te
In Real Estate the spring market has always been the bread and butter of the real estate market. Most people wanting to list then and therefore lots of people looking then as well. This year we could see a softer spring market. Not as many listings coming onto the market and those that do come on with realistic pricing for current market conditions. This means we are still in a buyers market. So more sellers then buyers. This puts downward pressure on the pricing of houses and sellers need to evaluate offers and consider all offers. Entry level hous
So what are some top tips for selling in the winter.
1. Shovel the driveway!!! No one wants to wade thru snow to get into your house. Clear the walks and use sand or salt. Make a good impression.
2. Turn your heat up. Many people turn down the heat specially with a vacant house. You want your house warm and inviting. People shouldn't be able to see their breath. Makes them think something is wrong with your heating system.
People always seem to ask me when is the best time to list? Is it the spring, summer, fall, certainly not the winter. The real answer is when do you need to sell? Sometimes work or other commitments require you to sell in winter, or middle of summer. The real key is having a realtor who can put a proper value on your house, so that it is not priced to high and scares away buyers, but isn't priced so low that you leave money on the table. Pricing is the more important aspect of listing your home. Ask your realtor where they got the number they want to
So for a very long time here in Terrace we have been waiting for announcements of LNG and possible pipeline activity from Alberta. We get ready to wait some more. Royal Dutch Shell has shelved the LNG pipeline again and it looks like until commodity prices pick up we will continue to wait. However land preperation continues some money is trickling into the project, which is a good sign. The market continues to move ahead however pricing is key and sellers need to be realistic about asking prices.
Well the market it Terrace continues to be spotty at best. Weeks with sales and others with vertually none. The selection of houses listed for sale is at about 180 currently. So there is a great selection of houses for sale. The largest number between about $175,000 and $400,000. The market continues to be technequely balanced, however sellers are feeling more like it is a buyers market. Houses need to be priced properly in order to sell. Often I have sellers unwilling to take advice and then getting upset wihen houses don't sell, the reality is listen carefully to the advice