Well, here we are with the first month of 2010 already gone in the Trenton real estate market! My mum used to tell me "time waits for no man" and as usual the female is right. :>)
It's that time of year when I'm asked to talk about what I see in my High Definition Real Estate Crystal Ball. For those of you have read my blog or the article I recently published in the local paper, you will know to list early and plan to move before 1 July 2010. A similar 'prediction' was outlined in the Saturday Toronto Star ... so it must be true. :>)
The Harmonized Sales Tax (HST) takes effect 1 July 2010 and mortgage rate increases may also be looming come the summer or fall. Hence, several Buyers made their move during the last quarter of 2009 (we had our best December ever), and many 2010 Buyers will do the same early in the year. So that leaves a forecast of a quiet summer in the Real Estate market, perhaps not just in this area but in many other parts of Canada as well. With that in mind, we have already listed homes in January and we have been in many other homes talking to owners who are getting ready to list soon.
Of interest to our military sellers this year will be the recent changes to the DND relocation contract. I will be discussing these changes and our Team's approach to tackling the issues one on one with my DND clients as they call for pre-listing information. Suffice it to say that the Team Approach to Real Estate is becoming more and more important as individual REALTORS© find it more challenging to effectively market homes in ways that have worked in the past. Given the move to multi-platform internet marketing sites and the increased time demands on REALTORS©, it's no wonder more and more teams are being formed.
As mentioned in our last Newsletter, we have introduced a local Trenton Business Directory. Please let us know if you would like a copy ... free of charge ... or if you would like to see a particular Business included.
Finally, if you know someone who is buying or selling this year in the Trenton area we would really appreciate it if you would pass along our names so we may compete for their business.
I look forward to talking to you in the upcoming months. Cheers til then.
David Weir BA, CD
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