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REAL ESTATE STATS FOR HALTON HILLS
Although the total number of units sold and $ Volume for Halton Hills has declined 8% YTD 2014 over YTD 2013, the Average house price continues to climb, coming in at a 5.6% increase YTD over the same time last year.
Georgetown/Glen Williams are the sole contributors to Halton Hills postive showing, as the average sale price in Acton and Rural Halton Hills has declined 4.3% and 1.5% respectively.
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BANK OF CANADA HOLDS INTEREST RATES STEADY
The Bank of Canada announced on March 5th, 2014 that it was keeping its trend-setting overnight lending rate at 1 per cent, where it has been parked since September 2010. Canadian private sector forecasts currently expect the overnight lending rate to remain on hold until well into 2015. (CREA)
Good news for the housing market.
What Is It Going To Cost Me To Buy/Sell My Home?
Obviously the largest component of purchasing a home is the mortgage. However, there are additional costs associated with buying and selling a home that have to be considered as well.
Buyers should budget approximately 2-3% of the purchase price for closing costs.
Click on the link below for a list of some of the major expenses associated with purchasing and selling a home:
Costs Related To A Real Estate Transaction
WHY USE A REALTORŪ?
Maybe you're buying a home for the first time; or maybe you have purchased many homes in your lifetime. Whether new or experienced, using a Realtor ensures the transaction is completed competently and professionally. You don't have to worry about the details - your REALTOR® can take care of them for you. You can get advice from someone with an intimate knowledge of the local housing market, and you can count on the help of a professional who has committed to serve you with integrity and competence.
When you first meet with one of the L & L Real Estate Team, they will take the time to get to know you, your situation and your requirements. We want all parties to feel comfortable with each other before moving forward in the process; establishing a good working relationship is the first step towards a successful transaction.
WHY DO I NEED TO SIGN A BUYER AGENCY AGREEMENT?
L & L Real Estate Team
Royal LePage Meadowtowne Realty
"We contribute a portion of every Buy/Sale to the Local Women's Shelter."