This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies.
More information

Jane Chen
Sales Representative

RE/MAX Realtron Realty Inc.
Independently owned and operated

Phone: 905-470-9800  Fax: 905-470-7770  Mobile: 416-418-9568

Scarborough Condo

April 30, 2009 - Updated: May 1, 2009

It’s a buyer’s market:

For the 1st time in many years our market has shifted from a seller’s market to a buyer’s market. While a few will see this as a great negative, others will see this as a great opportunity.  A buyers market is one in which there are also many homes on the market for the number of buyers.  Homes take longer to sell and prices fall.  Its simple economics….supply now out-weights demand….and as a result; buyer’s in 2009 will be rewarded with more choice and great savings.     

Why buy in 2009?


 We have a large inventory of home owners who are forced to sell.  This inventory of homes will not last always. This current supplying of homes and condos are a result of people who have lost their jobs, investors who are absentee owners sitting with a second property, a builder or home-flipper who couldn’t finish the project before the shift in the market.  It is within this group of home owners that you'll see the biggest drift in price.  




Tagged with: sell your house sale by owner realtor realtors townhouses for sale realestate property for sale properties for sale new house new homes for sale new homes my home value mls land for sale houses for sale houses house for sale homes for sale homes buy homes home values home value estimator home value home sale home plans home mortgage home insurance home for sale home buying home buy home builders fsbo foreclosed homes for sale by owner condos for sale condominiums apartment condo for sale
| | Share

Leave a comment...

Powered by Lone Wolf Real Estate Technologies (CMS6)