Spring market has already sprung, come, and gone

Spring has sprung – the snow is melting, and the flowers are blooming but the spring market is already behind us. Sales were up by 26% month-over-month in the Golden Horseshoe, with a decrease in the average home price by 1% month-over-month. The housing market did have a cool down during the middle of March, which lead to the decrease in sales by 24% compared to March 2021. As I predicted at the beginning of 2022, the spring market has already sprung, come, and gone. February 2022 was the month to sell; if you sold your house in February, you sold your house for top dollar in the peak of the average home price.

Even though the housing market has begun to shift and cool off, the affordability and inventory of homes remain scarce. My perspective on this cool off period is attributed to the rise in interest rates, gas and food prices, and the overall spike in the economy for consumers has impacted people severely. There has been a notable increase in the number of baby boomers individuals only selling if they have no other choice, which is ultimately contributing to our lack of inventory, in addition to the continuous rise in immigration rates.

After a long two years of COVID-19, Ontario continues to experience a housing market like never before. Individuals have been faced with countless bidding wars, being pushed out by investors, and homes selling for significantly more than the asking price. The increase in buyer fatigue has skyrocketed and some are no longer looking at homes that are holding offers. Listings are beginning to expire due to sellers’ high expectations that do not reflect the current market. There has been a rise in listing cancellations, along with the average length homes are remaining on the market growing substantially.

Experience the Golfi difference!

Call 1-800-288-9184 today to find out how we can sell your home fast and for top dollar.

MARKET ACTIVITY

MLS Residential (Year Over Year)

The chart below shows the market update for Halton, Hamilton, Brant, Niagara and the GTA and how it has changed in comparison to last year.

MARKET ACTIVITY

MLS Residential (Month Over Month)

The chart below shows the market update for Halton, Hamilton, Brant, Niagara and the GTA and how it has changed in comparison to last month.

MARKET ACTIVITY

Interactive Map

Our interactive market activity map allows you to get a year-over-year comparison on the area you are interested in by simply hovering over the area. Check it out here!

Market Update Interactive Map

Spring is here – is your home ready?

Curb appeal is SO important in the spring. Make sure those bushes are freshly trimmed, new mulch, and a well-kept lawn will present a positive picture to buyers. Make sure you get rid of those dead leaves, branches, and weeds laying around. First impressions are EVERYTHING.

Clean like you’ve never cleaned before! Your home needs to create a bright ambience for your visitors. Deep clean the windows, remove cobwebs, scrub sliding door tracks, ceiling fans, light fixtures, baseboards-all those things you usually forget about.

De-clutter your home. You want your home to feel light and spacious when potential buyers are walking through or viewing it online. Clutter and excess personal items will get in the way of buyers imagining themselves living there. Store personal photos, remove knick-knacks from tables, and remove everything from your counters. It may feel daunting but consider it as your first step in packing your home to move into you next dream home.

Homes show better in the spring because it’s a beautiful time of the year. Your house is more appealing when the weather is warming up, the grass is green, and the flowers are blooming. Buyers are in better spirits when the weather is warm, no one gets excited about moving when its below freezing.

Next, buyers have probably just received their tax refund, this will often provide buyers with the extra cash they need. This makes spring buyers more likely to pay full price.

Something about the springtime makes us all feel like starting fresh. After a long winter, the warm weather and cherry blossoms seem to trigger the moving bug in many people.

Watch our Spring maintenance checklist video on Youtube!

TECHNOLOGY

Want an instant home estimate?

Receive a no obligation instant home estimate by visiting GolfiHomeValue.com today!

This tool is intended to provide you with a quick evaluation and is for information purposes only. Not all searches
will be able to receive an estimate. To provide an accurate estimate, an in-home evaluation is still required.
THE FINER THINGS IN LIFE

Selling your Luxury Home?

As part of our marketing package, we can offer you additional exposure on luxury, international and baby boomer sites to attract more buyers. Visit GolfiLuxury.com today!

EXTRA! EXTRA!

The Golfi Real Estate Show

Every Saturday, Rob Golfi hosts three, region-specific episodes of the Golfi Real Estate Show chock-full of exciting topics and real estate news.Tune in weekly and stay up to date on the latest real estate news! Listen to past and present episodes here!

Schedule

Halton Edition: Saturday at 9:00 a.m. on Bloomberg 1150
Hamilton Edition: Saturday at 9:00 a.m. on 900 CHML
Niagara Edition: Saturday at 2:00 p.m. on NewsTalk 610
Niagara Edition (Repeat): Wednesday at 6:00 p.m. on NewsTalk 610

WHAT OUR CLIENTS THINK

Online Reviews

Across three social platforms and 1,000+ reviews – approximately five times more than our competitors – we have a 4.9 out of 5 stars average.

“We are so happy that Stephanie from The Golfi Team represented us in the sale of our home. She advised us and got top dollar for our home. We would highly recommend Stephanie and The Golfi Team.”

– Larry and Jan Good, 107 Lynn Court, Burlington

WHAT OUR CLIENTS THINK

Rob Golfi ranks #1 on Google Trends in Hamilton, Halton, Niagara and Brantford!

Google Trends analyzes the popularity of top search queries in Google. In a recent comparison of other realtors and teams for real estate listings being searched on Google in Hamilton, Halton, Niagara and Brantford, WE RANK #1!

WHAT OUR CLIENTS THINK

Thinking of Selling?

We have you and your real estate needs covered. Whether you’re looking to buy or sell, our team has you covered with an extensive amount of experience in the communities we serve.

Since 1960, home prices have doubled in value every 10 years

Historical and recent data all point to continuous home price increases in the Ontario housing market. In 2021, home prices have unpredictably increased at vicious runaway rates. In 2022, home prices are expected to continue to rise with record low mortgage rates, a shortage of homes for sale and lifestyle changes due to the pandemic being the primary drivers.

Regardless of the social or economic conditions, it’s hard to imagine that in 10 years from now housing prices will be approximately double the current market value. We will continue to experience many different market cycles and trends and, at some point, may even see a market correction, however, regardless of these cycles, housing repeatedly rebounded with continuous growth over 10 year periods.

Experience the Golfi difference!

Call 1-800-288-9184 today to find out how we can sell your home fast and for top dollar.

MARKET ACTIVITY

MLS Residential (10-year Overview)

The chart below shows the market update for Halton and how it has changed in the last 10 years.

MARKET ACTIVITY

MLS Residential (Year Over Year)

The chart below shows the market update for Halton, Hamilton, Brant, Niagara and the GTA and how it has changed in comparison to last year.

MARKET ACTIVITY

MLS Residential (Month Over Month)

The chart below shows the market update for Halton, Hamilton, Brant, Niagara and the GTA and how it has changed in comparison to last month.

MARKET ACTIVITY

Interactive Map

Our interactive market activity map allows you to get a year-over-year comparison on the area you are interested in by simply hovering over the area. Check it out here!

Maximize your selling price in 2022

People sell their home for a variety of reasons, but one thing all sellers have in common is they want to sell their home fast and for top dollar. Listing a home at the wrong time and pricing a home incorrectly are two of the biggest road blocks to achieving this goal.

Preparing for the day your home hits the market can feel overwhelming, especially if you’ve never done it before. Presented with an emotionally challenging task, The Golfi Team understands the desire to look for ways to make the process go as quickly and smoothly as possible.

Even in a strong seller’s market, you cannot overlook the smallest of details. When you sell with The Golfi Team, your property will be mass marketed and strategically priced. Our trusted team helped over 1,000 families in 2021, ranking us the #1 Real Estate Team in Hamilton, Halton, Niagara and Brantford.

We have a proven track record for selling listings for a higher price and faster than the average agent in our marketplace (MLS.ca). We are confident that we can sell your home in a suitable time frame and deliver maximum results.

Whether you’re in the market now or are thinking about selling in the near future, call us today for a free home evaluation to find out the right time and the right price when it comes to selling your home!

We sell more because we do more!

Call 1-800-288-9184 today to find out how we can sell your home fast and for top dollar. 

THE FINER THINGS IN LIFE

Selling your Luxury Home?

As part of our marketing package, we can offer you additional exposure on luxury, international and baby boomer sites to attract more buyers. Visit GolfiLuxury.com today!

EXTRA! EXTRA!

The Golfi Real Estate Show

Every Saturday, Rob Golfi hosts three, region-specific episodes of the Golfi Real Estate Show chock-full of exciting topics and real estate news.Tune in weekly and stay up to date on the latest real estate news! Listen to past and present episodes here!

Schedule

Halton Edition: Saturday at 9:00 a.m. on Bloomberg 1150
Hamilton Edition: Saturday at 9:00 a.m. on 900 CHML
Niagara Edition: Saturday at 2:00 p.m. on NewsTalk 610
Niagara Edition (Repeat): Wednesday at 6:00 p.m. on NewsTalk 610

WHAT OUR CLIENTS THINK

Online Reviews

Across three social platforms and 1,000+ reviews – approximately five times more than our competitors – we have a 4.9 out of 5 stars average.

“We are so happy that Stephanie from The Golfi Team represented us in the sale of our home. She advised us and got top dollar for our home. We would highly recommend Stephanie and The Golfi Team.”

– Larry and Jan Good, 107 Lynn Court, Burlington

WHAT OUR CLIENTS THINK

Rob Golfi ranks #1 on Google Trends in Hamilton, Halton, Niagara and Brantford!

Google Trends analyzes the popularity of top search queries in Google. In a recent comparison of other realtors and teams for real estate listings being searched on Google in Hamilton, Halton, Niagara and Brantford, WE RANK #1!

WHAT OUR CLIENTS THINK

Thinking of Selling?

We have you and your real estate needs covered. Whether you’re looking to buy or sell, our team has you covered with an extensive amount of experience in the communities we serve.

BOOK A FREE CONSULTATION!

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