Real Estate In Milton 04/04/09 to 04/10/09

This weeks Milton Total Market Overview 04-10-09 is now available – just click the link. As a brief synopsis, the market this past week continues it’s upwards trajectory, fueled by prices that are down 10-12% over 7 months ago, and interest rates that hit an all-time low of 3.49% for a 5-year closed.

The available inventory is down slightly, as are the number of units sold, however, perhaps the most telling number is the expiry ratio – the less houses that are taken off the market, the more it is a sign that seller’s are regaining their faith in the market.

Don’t be a fence-sitter and get caught out – we only slightly dipped into a Buyer’s Market, and all indications are that we are not headed back that way again in the near future.

More on Real Estate In Canada April 2009

This presentation is also prepared by Keller Williams International. It has a slightly different focus than the other presentation offered. This one is best viewed in full-screen mode, and is hosted on a different site.

When viewing any presentation on real estate market data, there are a number of key points to keep in mind:

1. The national media does not like good news;
2. Everyone thinks they are an expert, yet 99.9% work from emotion, not facts;
3. The absolute best source for information is a local expert working every day in the area you are interested in;
4. Real, locally-generated numbers don’t lie;
5. Canada will not suffer the same fate as the USA because our banking system is superior.

With this in mind, if you have any questions at all about the information presented, please contact me on my cell 7 a.m. to 7p.m. 905-208-7002. Even more convenient is to just click here to be automatically connected to my cell.

This Month In Real Estate Canada April 2009

This monthly series from Keller Williams International gives a great insight into what is happening across the country, along with information on the different factors affecting the market, steps the government is taking and a number of other measures.