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March 18, 2024
Spring Maintenance Checklist for Homeowners ☀️🏠🔨📝
April 3, 2024As we step into the blossoming season of spring, we bring you an update on the current real estate landscape in our beloved community.
Demand in Housing Skyrockets
The persistent theme of low housing inventory continues to shape our market dynamics. Although we have seen a slight upswing in new listings, we certainly have not seen the flood of inventory that many expected over he past year plus of growing interest rates. Coupled with low inventory, we are beginning to see a surge in demand from Buyers who have patiently awaited a market correction. This convergence of limited supply and burgeoning demand is fueling the early spring market, setting the stage for an exciting period ahead.
Should interest rates take a downward turn later this year, we anticipate further growth in Buyer activity and sales volume. It’s worth noting that multiple offer scenarios, happening more regularly in the larger neighboring markets of Guelph and KW, are becoming more common locally. Perhaps this gives an indication of where our market may be headed.
As the old adage goes, there’s no bad time to buy the perfect home. For Buyers who have identified their ideal property, waiting for further market adjustments may lead to disappointment. Conversely, Sellers presented with the right timing and opportunity to make their next move, are encouraged to act now.
Our Numbers
At Impact Realty Group, we have enjoyed a great start to 2024 and bought, sold or leased 38 properties, again leading the local industry as we have for many years. During this time, Dianne, Amy and Ted have combined for over 21 listings and sales, leading to the great success of Impact Realty Group. Outpacing our competition, our goal is to exceed 200 homes sold this year, we are well on our way to meeting and beating our goal! Adding to this, our healthy inventory of listings keeps the phone ringing as we strive to satisfy the needs of our Buyer and Seller clients.
Always Learning
Melissa has just returned from Mega Camp in Las Vegas. Mega Camp is one of the largest Real Estate conferences in the world with over 20,000 Realtors learning and showcasing the latest in technology, systems and marketing that form the leading edge of the Real Estate industry. From this we have many new tools that we will be implementing into our business at Impact Realty Group, ensuring that you…our Buyer and Seller clients are receiving the ultimate in Real Estate service and enjoying the most successful Real Estate experience. We pride ourselves on our network of trusted local professionals who assist us in making informed Real Estate decisions. Whether you’re considering buying, selling, or simply exploring your options, we’re here to provide personalized guidance tailored to your unique needs and aspirations.
If you or someone you know is contemplating a Real Estate move, we invite you to reach out to us. Let’s arrange a conversation to ensure you have the right plan in place to achieve your Real Estate goals and turn your dreams into reality.
From your friends at Impact Realty Group,
