Gooding & Associates Real Estate

10/04/2024

Come by to see this spectacular property in person 🤩. The serenity surrounded by all the mature trees is like nothing else 🌲🌿🕊️🦉

09/17/2024

“Sweet (SUITE) Caroline … Ba Ba Ba … Good times never seemed so good!”

This one is almost too good to be true 🤩! Legal duplex with both units above ground 😲. Live in one and rent out the other for a mortgage-helper or rent out both and benefit from the highly walkable location 📍 central to everything:anything of interest! Parking for 2 cars 🚘🚖

You need to see it to believe it 👀!

08/30/2024

Welcome to Waterdown! 👋

You’re going to love everything this house and this town has to offer ❤️

07/30/2024

🚨INCREDIBLE OPPORTUNITY ALERT 🚨

OPTION TO ASSUME MORTGAGE WITH 2.34% RATE UNTIL SEPT 2026 🔥

Oh, and this stunning DETACHED 🏡 in Waterdown is listed at 💲8️⃣9️⃣9️⃣,9️⃣0️⃣0️⃣!

Knock ✊, knock ✊ … opportunity is here!

07/19/2024

Number of sales in June continued declining compared to the previous month and the same period last year 📉. With 8️⃣3️⃣5️⃣ sales recorded in the last month, they remain below long-term averages. This slowdown in number of sales is evident across all property types and in every area within the region 🏠🏢🏘️🛖.

“Higher interest rates and rising cost of living have impacted the housing market. … potential buyers are likely waiting for further cuts or a shift in market conditions. Rising supply levels have reduced the sense of urgency experienced during the periods of low inventory, taking the pressure off home prices,” says Cornerstone Association of REALTORS® Spokesperson Nicolas von Bredow.

Source: RAHB

06/11/2024

1️⃣3️⃣ is T-Swift’s lucky number and I bet if was looking to move to Waterdown, she’d be buying 13 Aspen Court 🏡. There’s ample room for her and Travis to move in together along with Taylor’s fur-babies 🐈 (the secondary bedrooms are large).

It’s only 32 minutes to the airport in Toronto ✈️ or 22 minutes to the one in Hamilton 🛩️ so Travis can commute to practices and games 🏈. Or, maybe Taylor wants to make this a “Her House” like the strong independent woman she is 💃. Taylor can probably afford it on her own too because it’s listed for $999,900 (CDN). Only a 49 minute drive to Scotiabank Arena 🏟️ would allow Taylor to have more shows in Toronto. And, if traffic gets too bad into the city, the GO Train at Aldershot is just 8 minutes away 🚞.

Mature trees 🌳 surrounding the yard provides complete solitude for a break from the spotlight. Unwind with a glass of wine 🍷 on the deck and enjoy the private sanctuary.

05/17/2024

Canadian home sales dip in April from prior month as spring listings perk up, CREA says

The average price of a home sold last month amounted to $703,446, down 1.8% from April, 2023, according to data released Wednesday by the association

05/02/2024

APRIL STATS ARE IN 📈

The actual number of sales in April was similar year-over-year for each of the areas reviewed 📊. The most notable difference was the significant increase in new listings entering the market in the past month compared to the same time last year 🗓️. Bear in mind though that inventory levels have been at exceptionally low levels over the past decade .

Additional choice for active buyers has been a welcomed relief after prolonged competitive conditions ✅. Meanwhile, the camp of would-be buyers who are delaying their decision to purchase until lending rates reduce can anticipate a faster market once monetary policy eases which is expected to begin happening in the second half of the year 🏃🏻‍♀️⌛️.

04/15/2024

http://bit.ly/3W36oKv
An interesting article that's worth the read - talking about how the housing / affordability crisis is likely only to get worse in the coming years. Canada would need to build approximately 320,000 housing units annually from now until 2030 just to meet the new demand that will arise over that period (according to RBC). This would be an increase of nearly 50% from recent completion levels and it would require a record pace of construction.

The country needs to boost housing completions by 50 per cent, simply to meet new demand

03/11/2024

✨MARKET UPDATE ✨
(➡️ for more graphs)

Activity has picked up significantly since the beginning of the new year as a result of pent-up demand from all the would-be buyers who paused their search during the period of rate increases.

“Sales are up, market conditions have tightened quite a bit, and there has been anecdotal evidence of renewed competition among buyers; however, in areas where sales have shot up most over the last two months, prices are still trending lower,” said Shaun Cathcart, CREA’s senior economist. “Taken together, these trends suggest a market that is starting to turn a corner but is still working through the weakness of the last two years.”

Understanding the phases of a market cycle and referring to historical patterns as a guide can provide valuable insights. According to “Mortgage Sandbox,” the economic real estate cycle involves four distinct phases: 1) recovery, 2) expansion, 3) recession, and 4) excess supply.

Market indicators suggest we are in the “recovery” phase. This phase comes immediately after prices hit the bottom of a cycle and levelled-off. Sales data indicates that the “bottom” of the market was November/December. During the recovery phase, the real estate market transitions from a buyer’s market to a balanced market.

So, if you’re a buyer, you may want to consider making a purchase sooner rather than later to be able to take full advantage of the most favorable market conditions. If you are a seller who has been waiting for the market pick up again, it would be a good idea to begin the process of getting your property ready for the market so that you are poised to embrace the flood of pent-up demand that has been waiting for the economic climate to improve even just a smidge. The next phase in the cycle is expansion. And, not only has the demand continued to build despite the slow market we are coming out of, it’s also important to remember they still aren’t building enough shelter to come even close to matching the need for it. If you are both a buyer and a seller, it would be a good idea to act sooner rather than later to be able to enjoy the benefits that a balanced market brings for both sides of the transaction

01/04/2024

New Year, New Listing 💥✨🌟⚡️

Tired of trying to find parking in Milton? Come on over to 1360 Costigan #207 where you will find a stunning unit that comes with TWO (2️⃣) parking spaces 🚗🚙! Or, rent out the second space if you only need one and make a little extra income 💰. You won’t want to miss an opportunity like this one because they don’t come around too often!