March Market Statistics!

March Market Statistics!

Current Statistics Indicate A Strong Sellers Market…

“The spring market is here as evidenced by the brisk sales numbers in March. We are seeing a continued influx of buyers who are able to work remotely and families looking to move from attached units to detached properties coming to Niagara. Although supply has also increased, demand has outpaced it.” Said Terri McCallum, President of the Niagara Association of REALTORS®.

Why is there such a large jump in sales compared to last year?

The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures and also tracks the actual number of sales within each month. With the announcement of the global pandemic in March 2020 came a virtual halt to real estate sales from March to May of 2020. The real estate market is seeing more sales as compared to last month even with record low inventory levels.

Is Now The Time To Sell?

Our sellers are getting mind-blowing prices for their homes! If you had thought of downsizing in the next 1-5 years, now may be the time to re-evaluate your plan. It can seem so overwhelming and a bit intimidating. The Expertise of The Salisbury Team has tried and true systems in place to help you navigate this ever changing market. I can offer helpful guidance based on you needs and ideas! Give me a call…

So, let’s take a look at how Niagara and your municipality performed compared to March of 2020!

Stay safe!

T.

If you have been wanting to contact us but are concerned about the impact of COVID-19, please know that we are doing all we can to keep our clients safe and that almost all of our services can be provided virtually.
 
 
Happy Easter!!

Happy Easter!!

It is starting to warm up and signs of spring are everywhere! Crocuses and daffodils are blooming, the grass is beginning to grow and the days are getting longer.

It just might be time to get out the golf clubs!

 

Easter 2021 – Another Covid Modified Holiday!

 

Last Easter, as we cancelled the usual easter traditions, I would never have guessed that we would be celebrating another Easter Weekend under strict COVID protocols. Many of the usual celebrations and Easer Egg Hunts have been cancelled, however some creative people have come up with ways to safely create new versions of long held traditions.

Check out this Link to 2021 Easter in Niagara!

 

 

Why Does the Date of Easter Change Every Year?

Easter, also called Resurrection Day and Pascha, is a Christian holiday celebrating Jesus Christ returning from the dead. Christians believe that it is the holiest day in the year. Some people who are not Christians celebrate it as a cultural holiday.

 

Easter is not held on the same date every year. This is called a moveable feast. Currently all Christian churches agree on how the date is calculated. Easter is celebrated on the first Sunday following the first full moon which is on or after March 21st. This means it is celebrated in March or April.

 

Here is a Link to Everything Easter on Wikipedia!

 

 

I hope you enjoy this Easter long weekend!!

Stay Safe,

T.

Happy St. Patrick’s Day!

Happy St. Patrick’s Day!

Warm St. Patrick’s wishes!

As we look towards spring, I am sending a pot full of St. Patrick’s wishes for you on this wonderful celebration!
Everyone is a little Irish for the next 24 hours

 

“The Luck Of The Irish”

This phrase did not have its roots in Ireland!
During the gold and silver rush years in the second half of the 19th century, a number of the most famous and successful miners were of Irish and Irish American birth….
Over time this association of the Irish with mining fortunes led to the expression “luck of the Irish“.

 

“Emerald Rivers”

Every year, the Chicago River in Chicago, Illinois, is dyed emerald green. The tradition has been going strong for over five decades.

Using a speedboat, a harmless vegetable dye is added into the river to get the perfect St. Paddy’s Day shade. The colour lasts about 12 hours before it fades away.
This year is no exception. Chicago surprised the city with the traditional green river for St. Patrick’s Day after saying the event would be cancelled.

 

Legendary Irish Pubs – Bizarre Facts!

Here is a link to 10 things you may not know about Irish Public Houses… From 24-hour opening, to corpses, dog shows to legally drinking in a Pub outside of legal drinking hours!

 

 

Have a sham-ROCKIN’ Day!

T.

February 2021 Market Statistics!

Current Statistics Indicate A Strong Sellers Market…

I’m not sure what the Groundhog said, but the Spring Real Estate Market is ramping up early!! When we compare the February 2021 real estate statistics for the Niagara Region to last year, we can see a 21% increase in the number of sales and houses being on the market nearly half the amount of time!  With record low inventory, residential home sales continue to remain strong.

What is HPI?

The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures. The characteristics of the HPI composite benchmark in Niagara is a home between the age of 51 to 99 with three bedrooms and two bathrooms. The overall MLS® HPI composite benchmark price for the Niagara region was $578,400 in February 2021. This was an increase of 31% compared to February 2020.

Is Now The Time To Sell?

Our clients are getting mind-blowing prices for their homes! If you had thought of downsizing in the next 1-5 years, now may be the time to re-evaluate your plan. It can seem so overwhelming and a bit intimidating. The Expertise of The Salisbury Team has tried and true systems in place to help you navigate this ever changing market. I can offer helpful guidance based on you needs and ideas! Give me a call…

So, let’s take a look at how Niagara and your municipality performed compared to January of 2020!

Stay safe!
T.
If you have been wanting to contact us but are concerned about the impact of COVID-19, please know that we are doing all we can to keep our clients safe and that almost all of our services can be provided virtually.

 

 

Daylight Savings Time Spring Forward March 14, 2021.

Daylight Savings Time Spring Forward March 14, 2021.

Daylight Savings Time Is Here!

Every year Daylight Savings sneaks up on us and this year is no exception. It seems like I just sent you the head’s up on changing you clocks back!! So, with that in mind, we’re here to provide you with a reminder to help ensure you aren’t the person that forgets to change their clocks and has a tough start to their day.

On Saturday evening before you go to bed on March 13th, don’t forget to set your clock FORWARD one hour.

This is also a great time to consider some basic but important maintenance.

 

• PUT NEW BATTERIES IN YOUR SMOKE & CARBON MONOXIDE DETECTORS
• REMOVE EXPIRED ITEMS FROM YOUR REFRIGERATOR
• REPLACE EXPIRED ITEMS IN YOUR FIRST AID KIT
• CHECK FLASHLIGHT BATTERIES
• CHECK YOUR FURNACE FILTER

 

Changes On The Horizon!

The twice-a-year flip-flop moved closer to its demise last year after provincial governments in Ontario and British Columbia pledged to simply make Daylight Saving Time permanent, and after Quebec and New Brunswick hinted at doing the same. Despite all of that, the changeover will proceed as normal on Sunday, March 14, because those provinces are waiting for each other and their nearby states to do it all at once.

 

Stay Safe!

T.

The Lifecycle of A House Listing

What Happens When I Decide It Is Time to Sell My Home?

Last week we sent out a new listing notice for 207 Niagara Street. We thought it might be interesting for you to have an idea of what gets a listing from “I think I want to sell my home” to Closing day and thought we would use this property as an example!

The first thing you should do is call me! I will research the market, and if COVID allows, walk through your home to establish a competitive listing price for your home. We will talk about your expectations and our 6-Day Plan to sell your home for the best possible price.

We work with YOUR schedule to set up photography, showing schedules and preferred closing dates to name a few. Our team works with you so that you get all of your concerns and questions answered throughout the entire process.We will have questions for you as well as we complete all the paperwork ensuring the process proceeds smoothly.

The Listing is LIVE!

Let’s use the example of 207 Niagara Street. You home gets listed on MLS on Wednesday evening. We also use social media and our client base to spread the word! In this market, as soon as the listing goes up on MLS the showing appointments start booking up as was the case with Niagara Street. We use a booking platform that prevents double booking and each agent has a scheduled timeframe for access to the home, as well as strict COVID protocols to follow so that you and your family as well as those viewing your home are kept as safe as possible.

If for any reason you need to restrict times when the home can be viewed, no problem!! We simply block off those times in the booking system.

Who Went in My Home?

Over the course of 4 available days for viewing, Thursday – Sunday, 207 Niagara Street had over 60 viewings!! The booking system tracks that for us as well!!

We know who saw your home, when they saw it, and get feedback regarding their experience. Using this information we have the ability to email all, some or one of these agents as the process continues. The system issues each agent their own access code to be used for access to your home so you do not need to worry about the lockbox code getting into the wrong hands.

The Offers!

Our proven 6 day plan allows anyone looking for a home similar to yours time to see the listing once live on a Wednesday, view the home before and during weekend, and at times you want to make available to do so. The prospective buyer then has the time to consider the offer they want to make, and submit their offer on Tuesday for us to discuss all of the offers and present them to you, the seller.

Utilizing this plan, the home on Niagara Street had 6 competing offers by our offer presentation time on Tuesday. When looking at offers, we consider price, closing dates and any conditions within each and explain the pros and cons of each. We will advise you, however the final decision is ultimately up to you.

You Have Accepted an Offer, Now What?

Congratulations! Your home has been sold… In the case of 207 Niagara Street it sold for $435,000.00. That is $55,100.00 OVER ASKING price using our 6 day plan!

There are so many little things to tend to now and where to start may seem a bit overwhelming. That is where our team kicks in. Our Closing Coordinator, Leslie Bickle has you covered and will provide you with information to help make sure you have all you need to make this move go as smoothly as possible. Our concern for your continued happiness does not end at closing day. We are here for you and will check in on you every now and then to make sure of your continued satisfaction with your decision.

Is NOW the time for your to sell Your Home??

Many of our clients who I have spoken to over the years seem to have a 1 to 5 year timeline to make a move. They are wanting to downsize, move into a condo or apartment or even into an adult community centre. We feel that they should strongly consider doing it sooner than later and here’s why.


As you can see from our example of 207 Niagara Street,  through the monthly newsletters and stats, or through general real estate talk around the dinner tables with family and friends, sellers are getting absolutely mind blowing prices for their homes right now!! We do not know how long this will last, so it might be a good idea to think about shortening your timeline. Please call us to discuss your plans and let us help you make the best decision for you and your family. We will never pressure anyone to make a move they are not ready to make.

When YOU are ready, call us. If someone you know is ready, have them call us as well!

T.

Happy Valentine’s and Family Day!

Valentine’s and Family Days are here again!

A year ago we felt so fortunate to have a weekend to spend quality time with our loved ones. This year, the global pandemic continues to redefine how we celebrate and share time with our friends and family. Over the past year, I am sure many of us have spent more time with our family than we ever imagined possible. All of this together-time resulting from the global pandemic and various stay-at-home orders can put a strain on even the closest families!

 

This is a great time to take a step away from on-line meetings and learning and working from home. Turn off your screens and spend some time noticing the best parts of those you love. Go for a walk, cook together, play a game and remember to share why those you love mean so much to you. It is easy to take those we love for granted, especially when we are spending nearly every waking moment with them!

I wish you continued joy as you find new and wonderful ways to show those around you how much they mean to you.

 

Want to know “The Best Ideas To Celebrate Valentine’s Day 2021 As A Family”? Just click the picture to read the article!

January 2021 Market Statistics!

Navigating the Real Estate Market!

When we compare the January 2021 real estate statistics for the Niagara Region to last year, we can see a 11% increase in the number of sales AND a price increase of 27%! Residential home sales continue to remain strong into the beginning of 2021. The flip side of this statistic is that even though home prices and number of sales are up, there also appears to be a record low inventory with 24% fewer homes on the market as compared to January of 2020.

Homes are selling over asking price and often with multiple competing offers. It can seem so overwhelming and a bit intimidating. The Expertise of The Salisbury Team has tried and true systems in place to help you navigate this ever changing market. Please contact us if you have any questions and to find out about the many services we provide for our clients.

So, let’s take a look at how Niagara and your municipality performed compared to January of 2020!

Stay safe!

T.
If you have been wanting to contact us but are concerned about the impact of COVID-19, please know that we are doing all we can to keep our clients safe and that of our services can be provided virtually.

 

Super Bowl LV

Sunday February 7th 6:30 pm

Are you ready for tomorrow’s game??You don’t want to miss the Kansas City Chiefs and the Tampa Bay Buccaneers battle it out in Super Bowl LV.This game will take place in the Raymond James Stadium in Tampa bay. Tampa Bay is the first team in Super Bowl history to play in its home stadium!

 

The Old and The New… A Tale of Two Quarterbacks.

 

 

Thomas Edward Patrick Brady Jr.
(TB12, Tom Terrific, Touchdown Tom, GOAT, The Pharaoh, Comeback Kid or Sir). 43 years old
6’4″ 225 lb Quarterback for the Tampa Bay Buccaneers of the National Football League. He spent the first 20 seasons of his career with the New England Patriots, where he was a core contributor of the franchise’s dynasty from 2001 to 2019.

 

Patrick Lavon Mahomes II
(Showtime, Magic Man, The Musician, Fatrick, The Gunslinger or Mahomeboy). 25 years old
6’3″ 230 lb Quarterback for the Kansas City Chiefs of the National Football League. He initially played college football and college baseball at Texas Tech University. Following his sophomore year, he quit baseball to focus solely on football.

 

Place Your Bets…

Here’s the latest from SportsLine stats specialist Stephen Oh… “I have a feeling that we may have Kansas City as a slightly higher favourite after the stats from Sunday are processed, but the initial forecast has the Chiefs as a 55 percent favourite to beat Tampa Bay with an average sim score of Chiefs 28, Buccaneers 26.”

 

Here’s to a Great Game!!  Don’t forget to place your take-out orders early and support our local businesses!

T.

 

Did You Sell Your Home in 2020? Read This!

Did You Sell Your Home in 2020? Read This!

Canadian Revenue Agency and Your Home

If you have sold a house in 2020, the Canada Revenue Agency (CRA) has some information for you! The global pandemic has also resulted in changes to CRA services. I hope that this information is helpful.

Now is a good time to report the sale of your principal residence. Before 2016, if you sold your property, and it was your principal residence for every year you owned it, you did not have to report the sale to claim the principal residence exemption. Now you do!


The CRA advises you to amend your tax return as soon as possible for any year in which you forgot to report. They are getting tougher with people when it comes to reporting the routine sale of their home, even when there is zero tax owing. You can click on the flag to be linked to the CRA Real Estate Site.

COVID-19 has impacted our lives in so many ways. There have also been many changes made to how the Canadian Revenue Agency is handling tax filing and benefits. Updates on changes to the Canada Revenue Agency services, due dates and programs affected by the pandemic are available on their website and by contacting your accountant.

Stay Safe!

T.

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