Property listings are down 33% at the end of January, compared to last January – there are less homes available for sale, and we have more demand from buyers and investors. Many people are trying to take advantage of historically low mortgage interest rates, and others want to buy and invest before the mortgage changes coming in April
We’re seeing some properties selling for $10,000+ above list price in multiple offer situations;
There are units and buildings available that are good real estate investors, ranging from $125,000 to several million dollars. Contact me for full details, and a cash flow & return on investment analysis
If you are looking to buy, sell or invest, send me an email or give me a call.
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[...] tight resale home market (see Market Update- Real Estate selling fast in Kitchener Waterloo and Tight Real Estate Market in Kitchener Waterloo) and low interest rates (see Interest rate updates from a mortgage broker) have encouraged home [...]
[...] tight resale home market (see Market Update- Real Estate selling fast in Kitchener Waterloo and Tight Real Estate Market in Kitchener Waterloo) and low interest rates (see Interest rate updates from a mortgage broker) have encouraged home [...]