Wishing you a Merry Christmas! Hello All, I just wanted to wish you and your family a very Merry Christmas and a Happy New Year. Congratulations on all you’ve accomplished this year, I can’t wait to see what amazing things are in store for you in 2023. The real estate market has clearly gone through a major shift this year, from ridiculously high sale prices in the first few months of 2022 into a steady decline in prices combined with rising interest rates for the remainder of the year. This drop in the market was definitely needed, and as we hopefully approach the end of these interest rate hikes I could not be more optimistic for what’s to come in 2023 and beyond. A more balanced market with reasonable sale prices, and eventually lowering interest rates and a gradual increase in sale prices. 2023 WILL BE A GREAT YEAR TO MAKE A MOVE: For Buyers: It is very important to keep in mind that although interest rates have risen a significant amount this year it is still the best time to buy that we’ve seen in a very long time. Higher rates mean lower prices, allowing you to get into the market for less. Taking a shorter mortgage term is a good strategy that allows you to get into the market now while prices are lower and then renegotiate your terms in the next few years to get a better interest rate when we see rates decrease. For Sellers: If you are looking to sell in 2023, it is important to adjust your expectations and work with a realtor who will go above and beyond to educate you, set up your home to stand out amongst others, and market it properly to be seen by as many buyers as possible. It is still possible to have success selling, but choosing the agent who will do the most for you and go the extra mile is the only way to have success selling in a buyer’s market. HOW I GENERATE AMAZING RESULTS IN A SLOWER MARKET: I pride myself in going above and beyond to offer more for my clients than other agents. Full home staging, the highest quality photo/video/drone footage, a major marketing campaign including targeted online ads, full home cleaning, and even minor renovations if necessary (paint, light fixtures, etc.). These are all key components that make your home look it’s absolute best and cause my listings to stand out from the rest and sell with success, even in a slower market. I have an amazing track record of successful sales using my systems and I’ve used this success to accumulate many awards in my career thus far. Some of these awards are included below: |
If you are thinking of buying or selling in 2023 or have any real estate related questions, please reach out and I would be more than happy to help you in any way that I can. Happy Holidays, Brad D’Ornellas REALTOR® Cell: 289-675-4882 Email: brad@braddornellas.com Website: www.braddornellas.com Royal LePage Frank Real Estate, Brokerage Office: 905-852-3050 38 Brock St. WUxbridge, ON L9P 1P3 |