Your search results

A Record Breaking Year: What does it mean?

Posted by John Benjamins on December 6, 2016
| 0


There has never been better time to own a home in Kitchener-Waterloo 

If you’ve owned a home in Kitchener-Waterloo for the last two years, chances are very good it’s been an excellent investment. Specifically, in the last half of 2016, property values have been soaring with consecutive record months for sales volume in our region, while listing inventories dramatically shrink. If you’re currently preparing to buy a home, it’s not exactly easy right now, you may want help.

Just this November, sales volume for single detached houses was up 35% compared to 2015 while inventory for residential listings was 61% below 2015. These two competing interests are creating an opportunity for homeowners.

In a market this fast paced there are few things to watch out for.

#1) Home values: In two years the average single detached home in Kitchener-Waterloo has seen significant gains in value. If your mortgage is coming up for renewal, you may be able to access some of this increased value through a home equity line of credit. With historic low interest rates, homeowners can invest the equity back into the home or diversify a financial portfolio.

#2) Know your value: Curious what your home is worth? Values are changing on a monthly basis right now. Make sure anyone who estimates the value of your home is an active professional aware of the shifting market conditions favouring homeowners. Benjamins Realty can provide a courtesy, no-obligation opinion of value report for any homeowner who would like one.

#3) Considering selling? Avoid these mistakes: The majority of entry level single detached listings that sell in Kitchener-Waterloo are selling above list price with multiple offers. Be sure to list your home for an amount that does not fall short of market value. Some agents have under listed property by up to $50,000-$75,000 which creates a frenzy of offers but does not guarantee the winning offer will reach the peak value. Had the owner simply listed higher, they likely would have still received many offers and perhaps accomplished a better return. Always carefully review current market comparable properties both listed and sold when deciding on a sale price.

Please also consider that it is best to work with a Realtor who is local and sells at minimum 20 properties a year. If the last property a Realtor listed was 4 months ago, they may not even be aware of what current market value is. The same applies to internet-based services offering to help homeowners sell their home. Local on ground experience just cannot be replaced in a fast paced market.

Write a Reply or Comment

Recent Posts


Exactly Why to Decide on Benjamins realty inc?

Around Benjamins realty inc we sincerely look at being a real estate agent extremely earnestly. We realize that undeniably any time consumers are hunting to find a savy real estate agent in Waterloo these people desire the finest. Therefore we endeavour to be really the smartest real estate agent we all could possibly be around Ontario. It's our dedication to truly becoming the best that has earned us all our good admiration here with our clientele.

As a savy real estate agent in Waterloo all of us furthermore continuously endeavor to take the time to listen to each of our consumers issues with extreme patience and without impatience. We all invariably spend the time. All of us believe that it's very essential to be certain customers feel really recognized and even taken care of.

Certainly, there are not numerous real estate agent which hold the specific skill set and experience to identify their business as a leader within their sector. Combine that along with a increased level of consumer assistance and we truly really feel we are the greatest savy real estate agent in Waterloo in Ontario.

Just want to get moving?

Everthing starts with a call.

Phone (519) 575-9092.

We are delighted to go over all your current real estate agent concerns at length on the telephone or maybe via e mail in case that works better for you personally. After that we can easily suggest the solution which most effective fits your current conditions. Discover precisely why folks refer to us as the perfect savy real estate agent in Waterloo!

Even Now Want Prodding? Additional Reasons Benjamins realty inc is actually A Realtor In Kitchener

Dedication to High-Quality - A Realtor In Waterloo and A Real Estate Agent In Kitchener

Our loyalty to higher quality is actually remarkably significant. If you are attempting to become a savy real estate agent in Waterloo or a savy real estate agent in Waterloo, there is certainly in fact no other route but to really do your level best possible to exceed expectations. If any given client demands extra care, all of us grant that particular client further time. Whatever is necessary to be able to make sure they will be completely happy with us all as a real estate agent. Please remember, we service almost all of Ontario, and so you should email us.

Willpower - A Real Estate Agent In Waterloo and A Real Estate Listing Service In Kitchener

Our purchasers have indeed labeled us all as a savy real estate agent in Waterloo, a savy real estate agent in Waterloo, a savy real estate agent in Waterloo combined with the top Ontario situated real estate agent you will find! Honestly that does not transpire unless there is extremely diligent work and commitment to the clientele and also the top quality bestowed within your finished work. If you are shopping around to obtain a savy real estate agent in Waterloo, all of us really contend that we're really the optimal choice. Contact Benjamins realty inc to discuss your situation immediately! (519) 575-9092.

Skill - A Real Estate Listing Service In Waterloo and A Savy Real Estate Agent In Waterloo

With most any niche, expertise is a key factor when it comes to good results. When you may be requiring a savy real estate agent in Waterloo, this fact is usually far more correct. As a real estate agent, we will tell you in person that the ultimate quality will be defined by the knowledge of the organization that you're contracting. The excessively huge degree of past experience which Benjamins realty inc provides as a savy real estate agent in Waterloo, is certainly the reason anyone really should invest in us all with your valued patronage. Whenever you will be searching to get a savy real estate agent in Waterloo, check out Benjamins realty inc. Certainly speak to us all immediately.

Make Contact Now to Get a FREE Assessment!

We cannot be out-priced. Just don't pay outrageous fees merely because you didn't approach us all. Certain you were quoted an amazing rate currently? You should be absolutely totally assured? Talk with us. You could just find that we're in fact more suitable company. Many folks have previously.

Deciding which real estate agent to engage is a crucial undertaking. Go with the best choice. Perhaps you should chat to us with actually zero obligations to figure out on your own if we are actually the perfect real estate agent for your requirements.

Call Now!

(519) 575-9092 [/BREAK]

Contact Us

  • This field is for validation purposes and should be left unchanged.