Apr 072013
 

Royal LePage expects the price increases earned thus far in 2013 to be given back by the end of year. Inventories are higher, and unti sales are not expected to be nearly as strong as in 2012. We are moving from a prolonged seller’s market into a balanced market. Advice-If you are selling, make sure your

Read This Article »
Jan 242013
 

As noted in my blog earlier this week, and as discussed at my October Business Mixer, the supply of new home builds is far exceeded by demand. Resale home prices are thus propped up by the new home shortage-especially those resale homes that have been renovated. But what of tired, poor curb appeal, non-renovated homes?

Read This Article »
Jan 092013
 

Royal LePage, Canada’s largest and oldest real estate brokerage released their quarterly Royal LePage House Price and Market Survey yesterday. It calls for very modest home price appreciation over the next few years. This view is largely shared by TD Bank Financial Group, the Ontario Real Estate Association, and leading real estate lawyer and commentator Mark Weisleder.  It is the view I support

Read This Article »