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market trends: FREDERICTON REAL ESTATE REPORT FOR THE MONTH OF MARCH
- 04/01/10 08:48 AM
Wow! what a fantastic year we are having in the City of Fredericton. Listings are up in March 17% over last year @ 663 in total. Year over year listings are up 13% @ 1544. Again it looks very much like this growth is going to continue even in the face of substancial interest rate hikes. The market here in Fredericton is so strong that it is the #1 commodity that everyone wants to aquire. So vendors get your home on the market now and take advantage of this super active boom time.
If we think listings are strong so far this … (10 comments)
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market trends: 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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market trends: FREDERICTON REAL ESTATE REPORT FOR MONTH OF FEBRUARY
- 03/23/10 09:45 AM
Spring has really sprung. Real estate listings are up a wooping 10%, year over year. This is up from 1% last month. A healthy inventory like this assures the market will stay lever without great expectations of fearing inflation. Which means that sales can bounce along with a healthy increase without creating a steep price escalation. This trend looks like it will continue into March and April at least. Wow, what a year we are having already.
Speaking of sales would you believe they are beating January's wooping increase of 39% over last year to a 42% year over year for … (0 comments)
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market trends: 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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Wow! what a fantastic year we are having in the City of Fredericton. Listings are up in March 17% over last year @ 663 in total. Year over year listings are up 13% @ 1544. Again it looks very much like this growth is going to continue even in the face of substancial interest rate hikes. The market here in Fredericton is so strong that it is the #1 commodity that everyone wants to aquire. So vendors get your home on the market now and take advantage of this super active boom time.
;)
;)
