September 2014 Market Report
Mar 5 Press Release
The number of sales are up 6.7% in September 2014 versus September 2013
The number of listings are down 2.3% in September 2014 versus September 2013
The average sale price is up 4.8% in September 2014 versus September 2013
To view the full Market Report and see what September 2014 sales statistics were for the various areas serviced by the Realtors Association of Hamiton Burlington click for more ...
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Mar 4 Featured Properties
This home is terrific for empty nesters, young couples or singles and has been lovingly decorated by the owner. With Mahoney Park nearby, this is a great neighbourhood if you like to play or watch baseball. Click here for more...
January 2015 Market Report
Mar 2 Press Release
The number of sales are down 7.7% in January 2015 versus January 2014
The number of listings are down 2.8% in January 2015 versus January 2014
The average sale price is up 8.5% in January 2015 versus January 2014
To view the full Market Report and to see what the January 2015 statistics were for the various areas services by the Realtors Association of Hamilton Burlington click for more...
Is a Bank Foreclosure on its way?
Feb 20 News
One of the saddest things to hear as a realtor is that someone is losing their home to the bank. What a gut wrenching experience it must be for these families. I have seen so many good people get into trouble when they start doing renovations that they ultimately cannot pay for. Alternatively, some home owners get themselves into credit debt from buying through a "don't pay untill" payment plan. If you find yourself in that situation, the worst thing you can do is to do nothing, or not answer the phone when the bank calls you. The best way to deal with a missed mortgage payment is to call your bank as soon as possible and see what alternatives are available to you. Banks do not want to take your home back so make sure you call and do not let the problem get bigger and out of hand. If there is no reasonable expectation that you will be able to continue to meet the mortgage payments then you need to contact a local realtor. Be honest with your realtor that you need to sell sooner rather than later and price your home accordingly. If your home is taken over by the bank, there are expensive fees that may eat up any equity that you have built up in your home, so...act fast as the longer you wait the worse it will become for you. The link below is a great article on Foreclosure:
More than one reason to keep condo fees low
Feb 19 Selling your home
Think that your condo fees only affect your monthly bank account? Think again! When your condominium apartment or townhome complex has higher than average monthly maintenance fees, it makes a negative impact on the sale price of your apartment or townhome. Condo boards should find savings where they can and do the best they can to keep these costs reasonable. The following link is to a Toronto Star article on this very subject:
Cameron Nolan is a long-time resident of Hamilton and a leading residential and commercial real estate broker in the area. His radio show Real Estate Made Simple can be heard on the first Saturday of every month on AM 900 CHML.