A great many moves in our lives are to larger residences to accommodate growing families. Or, perhaps our financial development allows us to move up to a larger home with more features and amenities. There is no stress involved in trying to reduce our lifes stuff to fit into a smaller place. If anything, we just need to shop for some more furniture for the new larger place.
You may have lived in your home for many years. The location factors that you considered when making your purchase decision may not apply to todays buyers. The task is to identify the current positive aspects of your homes location and market them aggressively. When it comes to positive locations, peoples different attitudes and preferences will determine if a location is a good one.
According to a recent article in Canadian Real Estate Magazine the housing market is expected to exceed 2009 sales and forcasted values to incease in 90% of Canadian centres.
2009 saw 15 of 23 residential real estate markets evaluated will set new highs for average price- In the report the largest number of solds occurred in the following cities: Vancouver, Ottawa and Quebec City.
Michael Polzler was quoted as follows:
"Real estate not only defied industry and analysts' predictions in 2009 -- it's performance went well beyond the realm of expectation by boosting consumer confidence levels and ultimately kick starting the national economic engine," says Michael Polzler, executive vice president of RE/MAX Ontario-Atlantic Canada. "While low interest rates were a principle factor driving home buying activity, no one can discount the value that Canadians place in owning a home."
with Elton Ash was quoted as follows
"The recession barely registered on year-over-year activity in most major centres," says Elton Ash, regional executive vice president of RE/MAX Western Canada. "The economic fundamentals in place going forward ideally position the ten provinces, and the sector overall, for further growth."
The report credits an improved economy, the Bank of Canada keeping the interest rates low and consumer confidence.
