Real Estate in Durham Region continues to boom, and with that brings us to the top five reasons as to why right now is the best time to sell!
1. Extremely Low Inventory
It comes down to “Supply and Demand” there are a shortage of homes for sale in many markets throughout Durham Region in relation to buyer demand.
This creates a highly desirable atmosphere to attain the best possible price and terms for a home if sellers prep for sale the right way. Did someone say bidding war?
2. Rising appreciation
After several years of dealing with significant inventory and limited number of buyers, a change has occured and home prices are on the rise.
Many sellers are in an enviable position to sell and walk away with a nice profit that they can use on the next place they decide to call home.
3. Low interest rates
With interest rates hovering around the 3 percent range, the cost of borrowing money remains extremely attractive.
There has never been more responsible options for buyers at various price points and stages to purchase a property, whether it’s a primary or secondary residence — or investment.
4. New construction boom
Lots of new home options are being built across Durham Region that offer a variety of options from move-up, rightsizing, downsizing and a variety of turnkey and luxury options.
Builders have created lots of choices, including multigenerational housing andwalkable options where you can leave the car behind, to appeal to the dynamics of an ever-changing population.
With healthy appreciation and low interest rates, sellers might be pleasantly surprised to find that a new home could be more affordable than they previously thought.
5. High Tech marketing tools
There has never been a set of more powerful tools in a savvy agent’s arsenal to provide maximum exposure and reach for a seller’s property.
If you are looking at buying or selling real estate in Oshawa, Whitby, Courtice, Uxbridge, Ajax, Bowmanville, Port Perry, or anywhere in Durham Region, contact James Bryant or Patrick Bryant today.
SUTTON GROUP-HERITAGE REALTY INC., BROKERAGE
WWW.SOLDBYBRYANT.COM
