November 2020 RSS Feed

Found 2 blog entries for November 2020.

The point of virtual staging is to catch a buyer’s attention online and get them through your front door for an in-person showing. When done properly virtual staging can transform a cold, vacant condo into an inviting space that potential buyers can envision themselves living in. When done poorly virtual staging can be deceiving...we don't want this; the worst thing that you can do as a seller or listing agent is disappoint a customer when they come for a showing. Personally, I like virtual staging especially for smaller, unique or somewhat awkward spaces.

***NOTE: Virtual Staging is when a graphic designer edits photos of a home and adds to-scale furnishings to the photos. This is done to create a sense of scale and functionality to an otherwise empty…

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With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages.

The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.

“Over the past several years, higher lending rates and the stress test pushed many out of the detached housing market. However, recent declines in rates, combined with prices that are lower than several years ago, have brought back some of that demand,” said CREB® chief economist Ann-Marie Lurie.

“This is helping support more balanced conditions and price improvements in the market. However, price improvements are not occurring across all…

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