“Tim helped us through a stressful time.”

“It is with great pleasure I write this letter of recommendation for Tim Salisbury and his team at Royal LePage Niagara. This is the second time I have asked Tim to guide me on the sale of my home, and once again I chose the right agent.

Tim’s preparation and pre-listing diligence gave us the confidence that his strategies regarding listing price, time lines and expectations were sound and supported by local industry knowledge and proven best practices.

This hard work and preparation were very important to us as we had already purchased a home out of town with a firm closing date and no conditions on the sale of our current home; a nervous time for us indeed.

Tim helped us through a stressful time when after only 2 days we had 3 offers but they were somewhat disappointing. He convinced us his plan was sound and that we stay patient for just a few more days.

His strategy worked, as we sold the house after receiving 2 more offers, all above asking price and with almost no conditions. The deal was closed in less than 10 days from listing and we are once again getting a good night’s sleep..Thank you Team Salisbury!”

-Tim & Jen Dakers-

Market Report May 2018 VS May 2017


Here are the numbers for May 2018 verses May 2017.
What do you see?
Last month we saw how the numbers in 2018 are significantly lower than those in 2017.

This trend continues through May 2018 VS May 2017.
Average Sale Price in 33% of the areas are actually down from 2017!
Houses are taking approximately 75% longer to sell ( D.O.M – Days on market) and the number of sales overall are approximately down 18.5%.
As always, any questions, don’t hesitate to ask!

” It was an amazing and easy ride.”

“Thank you Tim and your team.
You made the experience of selling our house so easy and stress free, it was awesome.
From our initial meeting, to listing, to helping us find our new home.
It was an amazing and easy ride.
We would recommend the Salisbury Team to anyone looking to buy or sell a house!!”
~Jason, Amanda and Emily Berg

Attention Buyers!

Attention Buyers!

As of Monday, May 14th, 2018, the minimum qualifying rate for mortgages increased from 5.14% to 5.34%.
This will decrease the total mortgage amount you will be able to qualify for.
Just as a side note, one year ago the qualifying rate was 4.64%.
To give you an idea of how much impact this has, a couple with a $120,000 household income would have qualified for a mortgage as high as $800,000 a year ago.
Today, that same couple would only qualify approximately for around $600,000. That’s a 25% drop!

Read more about it in this article of the The Financial Post .

“Thanks for the great service!”

“Thanks for the great service! 

Alison Scott found us the perfect house and was great to serve us quickly and efficiently.
Timothy was always in communication making sure things were going well.
In the end it was a seamless process and we are very happy to have found this home!”

~David and Pam Van Gelder

 

Market report April 2018 VS April 2017.

Click the picture to see a larger image.

There was a bit of a delay in the monthly stats over the last few months. Data keeps changing constantly and we wanted a fresh look to the Salisbury Stats page. Here is a look at April 2018 versus April 2017.

Notice a trend?
Average Sale Price in 30% of the areas are actually down from 2017! Houses are taking approximately 50% longer to sale ( D.O.M – Days on market) and the number of sales overall are approximately down 23% .
What does that mean? For sellers, the listing price we set has to be more accurate than before and for buyers, finally a little more selection to choose from since January 2016.
As always, any questions, don’t hesitate to ask!
 

The doors are open!🗝

Open House, don’t miss it!

Come and visit 26 Cole Farm Blvd this Sunday, May 27th, between 2:00-4:00PM during our Open House!

Visit our website for more information:
www. timothysalisbury.com

When you can’t make it to the Open House, you can book your personal showing. Call our office for the details!

905-688-4561.