Central Toronto Has More Home Buyers Than Sellers
We are enjoying our mildest Winter in a long time, we have seriously low mortgage rates, a very healthy Sellers’ market, and yet……where have all the Sellers gone?
Traditionally, Sellers are not enthused about having their home for sale in the frigid winter winds. Why are they not delighted to take advantage of the lack of snow and take advantage of those more-than-eager Buyers right now?
More important than the weather to Buyers is the availability of super-low mortgage rates. This is why they are most eager to find their new home right now.
We are constantly being reminded that these low mortgage rates are unsustainable. So why wait until this happens? Those Sellers who decide to get ahead of this will reap the benefit. It’s an obvious case of “supply and demand”.
I’d be happy to give you an accurate opinion of what your home is worth.
Drop me an email at rsmithcarr@sympatico.ca or call me at 416-482-8330 ext 3519