Troy Schmidt, Marketing your home above the rest.

05/14/2024

https://mailchi.mp/378a43952367/troys-may-real-estate-update

April Sees Shift Towards Balanced Market April witnessed a notable uptick in listings, reaching an eight-year high, thereby expanding the array of options available to homebuyers. This surge in new listings was met with enthusiasm from prospective buyers who have previously faced limited choices, co...

12/20/2021

Troy's Monthly Real Estate Update -

Our market continues to be very strong and the year-over-year average sale prices are once again rising.  Much of the increase is being driven by record low housing inventories, in Waterloo Region we currently have just under half a months inventory or 200 residential units for sale.  To put t...

11/17/2021

Troy's Monthly Real Estate Update -

The region’s supply of homes continues to be overwhelmed by demand.  There were 621 new listings added to MLS® this past month representing an 18.4 percent decrease compared to last year’s results and a 12.1 percent decrease compared to the previous ten-year average. The average number of days...

10/15/2021

Troy's Monthly Real Estate Update -

The magic question "will prices continue to climb, hold steady or begin to trend downwards" is asked of me daily and my crystal ball is becoming cloudy.  On one side we have incredibly low inventory and strong buyer demand. Inventory this low would normally see prices increase as the demand ...

09/12/2021

Troy's Monthly Real Estate Update -

LOW INVENTORY AND STRONG HOUSING DEMAND KEEPS PRICES STABLE IN AUGUST. The current seller’s market indicates the strenuous amount of demand in comparison to supply.  The total number of homes available for sale in active status at the end of August was 255, a decrease of 53.6 per cent compared to...

06/16/2021

Troy's Monthly Real Estate Update -

May 2021 was another extraordinary month for home sales in Waterloo Region.   Although we are seeing signs that the real estate market is starting cool in the region there is still huge demand and limited supply of housing.  The change in the mortgage stress test began June 1st  and while these c...

05/19/2021

Troy's Monthly Real Estate Update -

01/05/2021

Winter has been described as a "quiet season" for real estate. Watch to find out why buying in winter can work in your favour. ❄️🏘️ https://rem.ax/winterhomebuying

12/25/2020

Wishing you a wonderful Christmas and hopeful for a brighter 2021 ❤🎄