Should You Worry About Market Fluctuations

By
Real Estate Sales Representative with RE/MAX All-Stars Realty Inc. Brokerage

Statistics Are What They Are

February 2019 Real Estate  Market UpdateWhen you hear news of market fluctuations, there are two important things to consider.

First of all, a lot of media information about the housing market is national, or at least regional. If the housing market is trending up or down nationally, remember that it doesn’t necessarily mean that your LOCAL market is doing the same.

In fact, it’s entirely possible for housing prices to be rising in your area, while they are falling nationally, and vice versa

Secondly, if you’re selling a current property while buying another home, then the net effect of market fluctuations may cancel out.

 

To View Current Local Uxbridge Real Estate Market Updates

Visit KathyClulow.com

 

Statistics Are What They Are

The Real Estate Market Is Local and sometimes hyper-Local While Statistics Charts and Graphs may provide an indication of market trends they should not be used to determine value trends in relation to a particular home or vicinity.

The best way to determine the Value of Your Home is a Comparative Market Analysis.

To discuss today’s local Uxbridge Real Estate Market Conditions, the current value of your home or the marketing of your Home please Contact Kathy @ 905.852.6143

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Kathy Clulow  Sales Representative RE/MAX All-Stars Realty Inc..  Brokerage 905.852.6143
Each office independently owned and operated  Not intended to solicit clients already under contract

 

Comments (6)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Kathy. Sometimes people must go with the flow. And the flow is very local! Enjoy your day.

Mar 09, 2019 05:03 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Kathy.  Very often raw data can be quite misleading and it is the one who knows how to interpret it that has the answers.

Mar 09, 2019 06:02 AM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

There's no point of spending time or energy (or your good health) worrying about what will happen. You can deal with it if/when it does.

Mark Twain said

“I've had a lot of worries in my life, most of which never happened.”

Mar 09, 2019 12:03 PM
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

Absolutely Wayne Martin One thing we all know is that real estate is definitely local ... sometimes as local as one street.

Mar 10, 2019 07:37 AM
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

So true Gabe Sanders two people can look at the same data and arrive at two different results.

Mar 10, 2019 07:39 AM
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

I hear you Marte Cliff  The broader the picture the less relevant it is to our own home.

Mar 10, 2019 07:44 AM