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real estate: Spring has sprung!--- I think???
- 03/29/10 02:20 AM
Phil Booker, Booker Realty, Real Estate Fredericton Oromocto CFB Gagetown Tweet,tweet; Oh, but it was so beautiful early this morning. There is something surreal about running in the last snowfall of the year---so refreshing! Don't you think?
… (2 comments)
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real estate: Spring has sprung!--- I think???
- 03/29/10 01:01 AM
Phil Booker, Booker Realty, Real Estate Fredericton Oromocto CFB Gagetown
Tweet, tweet; Oh, but it was so beautiful early this morning. There is something surreal about running in the last snow of the year---so refreshing! Don't you think? … (0 comments)
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real estate: ADJUST LISTING PRICE TO REFLECT MARKET FLUXUATIONS
- 03/23/10 03:22 PM
When a seller lists their home on the market it is natural for them to list for the highest possible price they can expect. Of course in the beginning of the listing the vendor and the real estate salesperson are quite optimistic of their expectation of receiving the list price. Now, in a perfect, world one can only hope that this listing price is attainable.
However, as time goes on and the market changes ever so slightly, maybe everyones expectations are remaining rather over confident in still trying to obtain the original listing price. As an example, say the property was … (4 comments)
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real estate: Why is it important for you to price your home properly?
- 03/22/10 03:02 PM
As a real estate Broker of many years I have learned to respect the vendor's expectation of home value. My belief is that if you honestly asked any vendor what they think their home is worth, before you show them your objective opinion, they will be very close to market value.
In todays Information Age we all are much more educated on most everything than we had ever been. Let's face it, most sellers talk to their next door neighbours and find out what they sold there home for last month. Unfortunately, their neighbour sometimes exaggerates there selling price by off-handedly … (12 comments)
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real estate: FREDERICTON REAL ESTATE REPORT FOR MONTH OF JANUARY 2010
- 03/22/10 01:06 PM
This fantastic winter with very little snow helped us get off to an amazing start for January 2010. Our listings are only down -1% for month of January. I expect that the listings will stay quite consistant throughout the first half of this year and remain around the 1% to 10% increase. This should bode well in us maintaining a prosperity market, it least in the first 6 months.
Sales are skyrocketing to an unprecedenting 41% in the first month of 2010. Wow, we never had it so good. Ironically, there seems to be no slowing down. It appears that sales … (0 comments)
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real estate: FREDERICTON REAL ESTATE MARKET ACTIVITY FOR MONTH OF JULY 2009
- 08/05/09 08:49 PM
Wow! What a fantastic month of July. I Believe the cool weather did us a favour by keeping our consumer buying real estate rather than going to the cottage every weekend. So for that maybe rain is good for something other than watering the flowers? Imagine, 5 days of sunshine in the whole month of July. It never happened before in my lifetime. Enough!!!
July listings are down 16% which hauls the year to year listings down to -5%. This is very consistant with years past. So no big surprises there. However, sales are quite another thing. Unit sales for the … (0 comments)
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real estate: FREDERICTON REAL ESTATE MARKET ACTIVITY FOR APRIL 2009
- 06/01/09 01:52 PM
Well, well, well things are improving as we see the Spring sales getting ever so gradually better and better. This is so typical of the Fredericton Market where each month from January to June we see gradual improvement quite consistantly year after year.
We can readily see that April sales volume has improved from a -16% in March to a -12% in April. Unit sales have increased from a -20% in March to a -15% in April. Listings are holding constant at a -3% month to month. This represents a very gradual slowing of our market so that it is not visable to the average consumer. In … (0 comments)
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real estate: LET'S LOOK AT WHAT HAPPENED IN THE FREDERICTON REAL ESTATE MARKET IN MARCH 2009.
- 04/16/09 12:57 PM
We have some good news for March 2009. Sales have picked up substancially throughout the month. In
fact they increased 18% over March of last year. Now that the snow banks have receeded March sales
have gone a long way to correct the snowy January and February shortfall from the same periods over last year.
This dropped the per centage of dollar volume down, year over year from -35% to -16%. I suspect that this -16%/month
will stick around throughout April, May and June. The overall correction should level out at -10% year over
year, by July or August stats.
The good news … (0 comments)
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real estate: FREDERICTON REAL ESTATE MARKET FOR FEBRUARY 2009
- 03/04/09 12:37 PM
Let's look at what happened in the Fredericton Market in February 2009 and Year to Date
2009 2008 % OF DECREASE/INCREASE YEAR TO DATE
Total listings for February 344 423 - 19 %
Total listings YTD 812 979 - 17 %
Total Sales for February 104 175 - 41 %
Total Sales YTD 185 295 - 37 %
Total Dollsr Volume for February - 43 %
Total Dollar Volume YTD -35 %
As one can see the Fredericton Market is not only not improving, it has gone down from January's 25% decrease to a February decrease of 43%. This gives an overall Year to Date decrease of 35%. … (8 comments)
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real estate: Predictions for Fredericton, New Brunswick, Canada Real Estate Market for 2009
- 12/31/08 03:13 AM
After 40 years in the real estate business I think I am in a position to share some of my beliefs as to what might happen in the Fredericton real estate market for 2009. As you can appreciate this is extremely subjective so I am even more excited to visit with you again on December 31,2009, just to see how we did. As I reflect on 2005. 2006, and 2007 it dumbfounds me to see the continued increase in gross yearly sales, year after year, when each year we waited for a free fall in both unit price and yearly dollar volume.
… (6 comments)
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Phil Booker, Booker Realty, Real Estate Fredericton Oromocto CFB Gagetown Tweet,tweet; Oh, but it was so beautiful early this morning. There is something surreal about running in the last snowfall of the year---so refreshing! Don't you think?
;)
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