A growing trend in the Niagara real estate market is the addition of "deadline offers" to Niagara homes for sale. This stipulation in the listing means that any offers for the home must be submitted by a certain date and time, and all offers will be reviewed at that time.
If you're downsizing your house or considering Niagara homes for sale, you may be looking to sell your current home first. If you've found your Niagara dream home, then the sale of your current home may be a condition in order for that transaction to go through.
Home prices have risen significantly throughout Niagara over the last few years; that's no secret. This is a result of a number of market factors coming together at the same time. Primarily, though, it is due to an increased preference being put on quality of life by home buyers, which is something Niagara offers in spades.
Summer is a great time to live in Niagara. The sun is out, the kids are out of school and there are plenty of great events and activities to take part in.
One of the big trends that we’re seeing in Niagara’s real estate market is that homes that have been renovated and are well-appointed are selling quickly for over asking price. This isn’t, in and of itself, a big surprise: people like nice homes. The big change, though, is how much better these homes are doing now than fixer uppers or homes that need finishing touches.
Have we told you how much we love open houses? We love the opportunity to redecorate, stage and place a home in a new light with interior design. It’s also a great opportunity to engage with potential buyers and other realtors about a home. It is always fascinating what details stand out to different people and what is uniquely appealing to them about the house.
From St. Catharines to Niagara-on-the-Lake to Fort Erie, Niagara real estate continues to be a seller’s market, with demand outpacing the available stock. As locals look to take advantage of increased prices and more out-of-towners look upon Niagara as a premium destination for their next home, Niagara may just be the strongest market in Ontario.
But what does this mean for current homeowners? Why does the market continue to heat up and how can current homeowners in Niagara benefit? Read on to find out.
In our last article, we looked at the importance of knowing your budget and finding the right realtor when it comes to buying your first home. Because it is vital to be well-informed when entering the real estate market, we offer a couple more pieces of advice here in Part 2.