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In this video I answer 7 Questions.
What’s going on with Bully offers?
Are people still buying houses?
Are vacant properties selling?
Are tenanted properties selling?
What about re-listed properties and properties with price changes?
And do conditionally sold homes firm up and make it to sold sold?
Wednesday April 15, 2020, In this weeks Kitchener-Waterloo Real Estate News: coronavirus impacting real estate market, Realtor’s virtual showings, housing market to recover in 2021, or autumn, good time to get ready, big data, cities nicknamed, airbnbs banned, working from home…
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How’s the Kitchener-Waterloo real estate market? The impact of Covid-19 reveals contrasting activity with Bully Offer and Conditional Sales.
In this episode of “How’s the Kitchener-Waterloo real estate market we explore a lot of hyper-activity.
We look at:
The LP/SP ratios for Bully Offers vs. LP/SP for Conditional Offers in March.
Price movements
Suspensions, cancellations, re-listing and price adjustments.
Before March 15 vs. After March 15
Two client case studies
Before Coronavirus shut down Waterloo Region, we had high demand and low inventory of homes for sale.
During the first quarter of 2020, 1,327 homes were sold.
This is 14.6% more than Q1 2019.
Kitchener Waterloo Real Estate News Wednesday April 1, 2020 Wednesday April 1, 2020: In this week’s Kitchener-Waterloo Real Estate News, Covid-19, Coronavirus, March April…
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In this episode of “How’s the Kitchener-Waterloo real estate market”, I’ll show you that there is lots of unusual activity. We look at:
# of new listings
# of conditional sales
# of bully offers
LP/SP ratio
DOM
Possession date
Holding offers and irrevocable time
Kitchener Waterloo Real Estate News Tuesday March 17, 2020 Tuesday March 17, 2020. In this week’s Kitchener-Waterloo Real Estate News: COVID-19, Coronavirus, recession and…
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A bi-weekly video of Kitchener-Waterloo real estate market activity
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The total number of homes available for sale in active status at the end of February was 447, a decrease of 39.4% compared to February 2019.
This is 62% below the previous ten-year average of 1,179 listings for February.
The number of Months Supply (also known as absorption rate) in February was just 0.9 months, 40% per cent below the same period last year.
The previous ten-year average supply of homes for February was 2.55 months, and in the past 5 years the average supply for February was 1.76 months.
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Wednesday March 4, 2020. In this week’s Kitchener-Waterloo Real Estate News: data, millennial movements, closing costs, parking spots, stress test adjustments, Toronto-Waterloo Corridor, China’s air pollution, selling under average…
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