Well, Spring is here and boy I CANNOT wait for the warm weather. I’m back here with my second blog attempt, and I hope you enjoy it!  

As the weather gets warmer and the flowers start to bloom, so does our real estate market. This is the time of year when we start to see a flurry of activity on the market and more homes for sale. We are still at an all-time low for inventory. Currently we are sitting with 0.3 months' worth of homes to sell. This means that if nothing new came to market, it would take us around 12 days to sell everything. That is not the best news for buyers, especially new home buyers trying to get into the market.  

New home buyers! I feel for you. Things may look tough and grim, but my advice to you is to “keep on truckin’”. With more inventory hitting the Spring market, you will have more and more opportunity to secure the right home for you.

What I am hearing and seeing is a little bit of buyer fatigue happening. Which could actually benefit you if you stay in the game. Buyer fatigue means that people are getting frustrated with the market and either bowing out or putting the hunt on the back burner until the market “cools”. My recommendation to those who are losing faith, is keep with it. The market is not going to cool down anytime soon, even with everything you are hearing about the interest rates and other news.  

Our market is here to stay for the foreseeable future. Again, this is mainly due to the lack of inventory and how fast our beautiful city of Halifax is growing. So, the quicker you get into your new home, the better off you are. Now, I know you realize that and don’t need me telling you this. I am merely here as a voice of inspiration. There is light at the end of the tunnel, we just got to drive through it first.

Sellers. Of course, this is your time to shine. The market could not be any more in your favor to sell. We are looking for you. Where are you at? I would love to help you find out the value of your home. Odds are that it’s worth more than you think.

Feel free to reach to reach out to me, so I can help you find that perfect home, or help you value your current one (it's free why not!) 

Happy Spring everyone!   

Hey everyone.  

This is my first attempt at a blog post, so bear with me! I am a realtor, not an English major.  

I want to pop on here and talk about the last few months of the market. I don’t know if you are paying attention to this aggressive market but if you are here reading this, then I will go ahead and assume you are mildly interested. 

2022 has kicked off with a bang. We are in an aggressive sellers' market with exceptionally low inventory. From December 2021 to January 2022, we have seen a drop of listings from 219 in December, to only 180 in January. In February, we saw around the same number of listings as January. 

Not only are we seeing low inventory, but we are also experiencing extremely aggressive bidding. As of today, homes are selling on an average of 122 percent above their list price. This is insane to think about! It is incredibly frustrating to be a buyer in this atmosphere. I have a colleague who was in a multiple offer situation against 47 other bids. I do not want to fearmonger, but this is the reality of the current situation.

If you are looking to sell your home, you are very much in the driver’s seat. We are begging for you! Whether it be that you are downsizing, moving out of province, or even wanting to relocate to another area of Nova Scotia. Your home will hopefully sell very quickly and for a great price. 

Now that it is March, and Spring is right around the corner, we will start to see more listings hit the market. Unless we magically see a flurry of new construction hit the market, buyers are in for a stressful Spring. I don’t see this crisis balancing out anytime in the near future.  

I will now end this blog post with a cliché. If you know of anyone that would like to buy or sell, I would love to be their amazing and charismatic realtor of choice (insert winky face here).