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London Ontario House Prices Increasing, What Can You Do About It?

With London Ontario house prices increasing over the past few months, I have heard the following from buyers and Realtors.

             house prices in London Ontario

  • “There is nothing I can do about it.”
  • “That’s just the way the real estate market is right now.”
  • “It is what it is.”
  • “I am not going to get involved in multiple offers.”

 

  Really? So, you are just going to sit there and take it?

    Learned helplessness is a condition in which buyers adapt to a scarcity mindset,  with the fear of loss being huge and instant gratification a must & not thinking of the second and third consequences of overpaying for a home in London, Ontario and feeling that there is nothing they can do about it.

  That their offer on the house and the acceptance of that offer is entirely out of their control.

  Yes, the real estate market in London, Ontario, is vibrant, and as a homeowner, that is quite positive. Yet, the consequences of overzealous buyers and their Realtor’s actions will have an adverse long-term effect, as history has proven repeatedly and that the axiom “What goes up must come down” holds.

  As a home buyer in London, Ontario, you have choices, and there are strategies you can take to ensure you do not overpay and get caught up in a frenzy.

Here are a few strategies you can use to save money, time and a few sleepless nights!

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Ty Lacroix

"Not All Realtors Are The Same"! This website and content are for you and are designed and constantly upgraded with the latest real estate trends, how-tos, and what is for sale on MLS. Our primary focus is guiding home buyers and sellers to make good decisions. We believe selling real estate is a process, not an event or knee-jerk reaction; we sleep well at night and ensure our clients do as well! We are not for everybody, nor can we please everybody, nor do we tell people what they want to hear; I know that may be old-fashioned and boring, but we are dealing with hundreds of thousands of your hard-earned money. Would you rather be happy, excited and bored or unhappy, excited and make a poor choice? About Ty I am a Broker with Sutton Group Preferred Realty Inc., Brokerage and the team leader for The Envelope Real Estate Group, that's enough about me! You see, this is about you, you do not want to hear blah blah stuff about awards, designations, or that we walk older adults across the street (I used to help old ladies cross the street, but as I got older I did not want my wife to think I was flirting) the reincarnation of Mother Teresa, walk on water or anything else to impress you. We let the numbers speak for themselves; success leaves clues!

2 Responses to “London Ontario House Prices Increasing, What Can You Do About It?”

  • If you would like to increase your knowledge just keep visiting this web site and be updated with the newest information posted here. Julieta Arnaldo Malcom


    • Ty Lacroix
      Written on

      Thank you Julieta, I will be doing information videos over the next few months as well.
      Ty


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