The last couple of notices/blogs that I have sent out have been very positive. During my open houses, buyers still are asking about the recovery from this mess that we were in. It wasn't even a mess but the media was exploiting in the U.S.A. I still believe that we needed to re-educate sellers as to the value of their property and educate our buyers as to the process of purchasing a home. Mortgage rates remain great. The government has come up with massive funding. Both of these are starting to bring life back into the economy. Consumer confidence is starting to rise, but we tend to be wary about the word from the Bank of Canada and government officials.
According to the Bank of Canada, the economy will contract 2.3% this year not as predicted a 3% decline. The bank forsees growth next year of 3% and I guess they can use their crystal balls to predict anything after that. Mississauga home sales/purchases has remained strong. With a little bit of the regular summer slow-down now upon us, homes are selling quite quickly if they are priced correctly. We are still seeing homes flying off the shelves and multiple offers keeping our inventory low with buyers jumping at anything new that comes on the market.
"Barring runaway inflation, central bank key interest rate of 0.25% will remain unchanged until mid-2010 to help spur a return to healthy business conditions," was stated by Bank Governor Mark Carney.
I am in this business for the long term. Being a full-time agent, I am committed to providing you with excellent service and I continue to share my real estate knowledge and thoughts with you. I want to be known as your "Real Estate Advisor". Whether you want some reliable information about the Real Estate Market, or if you are just curious about how your home might stack up against neighbourhood listings, remember, I'm just a call away.
Are you an Owner? If you own property in the Mississauga, Oakville, or Burlington Communities, and you would like to sell your residence, contact Betty Bartusevicius at 905 828 3434 or directly at 416 427 1875 and get a free market analysis.
Are you a Buyer and are interested in purchasing a home in the 905 area code? Contact Betty to receive FOR SALE/SOLD data of neighbourhoods to enable you to make an informed decision and do some comparable shopping.
Contact Betty Bartusevicius at 905 828 3434 or directly at 416 427 1875
Re/Max Realty Specialists Inc., Brokerage
Re/Max Realty Specialists Inc., Brokerage
Contact me by email at betty@ bettybart.com
If you know of friends, family, or colleagues who are thinking about making a real estate move, feel free to pass along my contact information. Know that their real estate needs will be well attended to with kindness and professionalism. Your referrals will be greatly appreciated.
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