Month: June 2024

Navigating the Shifting Tides: Wellington County Real Estate Market Insights at end of May 2024

June 21, 2024

In May 2024, Wellington County’s real estate market maintained a balance despite lower prices and sales volume. Year-to-date numbers showed a 3.5% decrease in sales volume compared to the previous year, but the region experienced a 28% increase in new listings. The decrease in interest rates by the Bank of Canada is expected to impact housing values and buyer activity. Check in with Frances Snider from Royal LePage Roual City Realty for all the details…
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Home Buyer Series – What not to do after an Offer

June 7, 2024

After accepting a home offer, avoid making large purchases, changing jobs, opening new credit lines, closing existing credit accounts, missing payments, ignoring lender requests, and making unexplained large deposits. These actions can jeopardize financing. Stay financially stable, respond promptly to lender requests, and maintain transparency to ensure a smooth home purchase process. … More Home Buyer Series – What not to do after an Offer