The Niagara real estate market had been one of the hottest in the Ontario housing sector in the fallout of the pandemic, with home prices soaring about 27 per cent between 2020 and 2021. Because many households were planting new roots in smaller communities, there was some expectation that the Ontario town could sustain this momentum. However, in recent months, the Niagara real estate market has stabilized as price growth has been modest, and sales activity has plummeted amid an environment of high interest rates. Now that mortgage rates are expected to come down over the next 12 to 24 months, what does the…

Are you are planning on putting your house on the market this spring? If you are, then now is the time to get started. As your professional agent for all your Niagara real estate needs, there are several things you can do to make your home stand out from the rest. Here’s how to get a quick sale at or close to full market value. Read on and get ready to turn that ‘For Sale’ sign into a ‘Sold’. Spring is often the most popular homebuying season. Birds are chirping, bulbs are peeking through the soil, and homebuyers are coming out of hibernation.…

Niagara is experiencing a bit of a slower sales period during the beginning of the fourth quarter with more listings but less sales than last year,” reports Niagara Association of REALTORS® President, Amy Layton. “However, pent up demand is building in the region as people have begun to adjust to the higher cost of borrowing. We're continuing to see less of a gap year over year now than the sharper declines we saw in the third quarter of 2022.”   If you have any real estate questions or just want to chat about your home's current value. Give me a call I'm…

When it comes to real estate transactions, due diligence is the cornerstone of success. Whether you're buying, selling, or investing in property, thorough research and careful consideration are essential. In this blog, I will emphasize the crucial importance of due diligence in real estate services and how it can make or break your experience.
 

Planning for retirement is a significant milestone in everyone's life. While traditional retirement plans often involve pensions and savings accounts, real estate investment is an increasingly popular option for securing your financial future. In this blog, I will explore the world of real estate investing for retirement, discussing strategies and considerations that can help you make informed decisions about your financial future.

May stats are live! If you have any questions about the current market reach out at any time. I'm always happy to chat. (905) 321-6165

Welcome to the exciting month of June, where we celebrate National Homeownership Month! Whether you're a first-time homebuyer or someone looking to upgrade your current living situation, there's no denying the profound impact that owning a home can have on your life. In this blog, we will delve into the top five benefits of homeownership, highlighting the advantages that await you when you decide to invest in your property. So, let's explore why homeownership can be a life-changing experience!

Buying or selling a home is a massive undertaking that comes with a lot of choices. One of the most critical decisions you will make is whether or not to work with a realtor. Homeowners have always faced this question, and the answer ultimately lies in your preferences and situation. Whether it's buying or selling, each option comes with its benefits and downsides. At Tracy Phelan, We will be working for you every step along the way to ensure you receive the greatest possible price for your house in the shortest amount of time. In this blog post, we will examine the pros and cons of utilizing a realtor's services against buying or selling property by yourself. By the end, we are sure that you will be able to decide what suits your needs and avoid the possible pitfalls.

Welcome to the world of Tracy Phelan RE/MAX Garden City Realty Inc, where you can count on receiving top-notch professional real estate services from a trusted expert with over thirty years of experience in the industry. With my extensive knowledge of the Niagara real estate market, you can rest assured that you are in good hands. Whether you are looking to buy, sell, or invest in real estate, I am committed to delivering exceptional results that will exceed your expectations.

March stats are live! If you have any questions about the current market reach out at any time 905 - 321 - 6165

Know the Local Market when You Sell “The most common way people give up their power is thinking they don’t have any.” Alice Walker “If you’re working on something you really care about, you don’t have to be pushed. The vision pulls you.” Steve Jobs Are you thinking of selling your home this year? If so, you might be paying close attention to housing market news covered by the regional and national media. While that news can be helpful information, it can sometimes say little about what’s happening in your particular neighbourhood. In fact, it’s possible for there to be a balanced market nationally…

The Niagara Real Estate Market Report Month to Month, October 2022 vs September 2022 Month over Month, Niagara real estate has shown a small decrease in the benchmark price. The number of unit sales is slightly higher when compared to last month. This may be an indication of a trend towards stable pricing and sales in Niagara. Check out the monthly stats below: New listings in the Niagara Region were 1038 in October 2022 vs 1177 in September 2022, which is a decrease of 11.8% Residential home sales totaled 410 in October 2022 compared to 399 in September 2022, which is…

The Niagara Real Estate Market Report Month to Month, September 2022 vs August 2022 Our market in Niagara continues to soften. Although inventory is up, sales have slowed resulting in a continued reduction in overall average prices. It shows our average sale price is comparable to where we were a year ago. Check out the monthly stats below. New listings in the Niagara Region were 1177 in September 2022 vs 1095 in August 2022, which is a increase of 7.5% Residential home sales totaled 399 in September 2022 compared to 457 in August 2022, which is a decrease of 12.7%. The…

Typically, it’s easy to make your house look attractive when flowers are blooming, the sun is shining or the leaves are changing colour. But how do you make your property look great during the cold months? We asked the RE/MAX Influencers—a panel consisting of RE/MAX Sales Associates from throughout Canada—for their top Winter Curb Appeal Tips. Below are their top responses. 1 – Sweep the Leaves, Shovel the Snow A driveway with a thick layer of snow is much less inviting than a clear pathway leading to the front door of a home. Sweeping leaves and shovelling snow is incredibly important to make your…

The Niagara Market Report October 2021 vs October 2020 Residential home sales in Niagara totaled 774 homes in October 2021 compared to 896 in October 2020, which is a decrease of 13.6% The average HPI composite benchmark* price was $679,400 in October 2021 compared to $508,800 in October 2020, which is an increase of 33.5%. The Niagara Market Report October 2021 vs September 2021 Residential home sales totaled 774 in October 2021 compared to 707 in September 2021, which is a increase of 9.5%. The average HPI composite benchmark* price was $679,400 October 2021, compared to $657,400 in September 2021, which is an…

Niagara Region is still experiencing a low inventory of homes for sale. This is the optimum time to get top dollar for your property!