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Spring Real Estate Market London Ontario

Spring Real Estate Market London Ontario

London Ontario Real Estate Market

The London Ontario real estate market is the most active I’ve seen – ever. 

This isn’t a 2008-2009 bubble, either – loan standards are high. This is genuine buyer demand.

Last year as of April 9, 2021, there were 1,399 active homes for sale here; now, only 580. That’s crazy.

We just helped a buyer secure a 1.38% 20-year loan, too. They were 18% in the 1980s!

If you are thinking of selling your London area home this summer, you will likely get the highest price ever for your home. These past three months in the London area we’ve seen the average sales price rise to 36.2%!

With this shortage of homes, home buyers arewilling to pay “whatever it takes” to get into a bigger house in a desirable location since so many people are working from home.

You can also check out what your home may be worth on my website.

It will give you a very accurate idea of what your home would sell for based on your neighbours’ recent home sales – we pay a lot of money for this tool, and it’s accessible to you.

You can also search all homes for sale in London on my website, too, with photos.

However, the #1 concern I’m hearing from our clients is, “Where will I move if I sell now?” We have the exact solution to this very problem – few people know about it. We have lenders who can likely get you a “bridge loan.” For a few thousand dollars of interest or less (well spent), you can get cash upfront to buy your next home now – without selling your current home first. Yep, it’s possible to sell your house after buying now.

This way, you can make an all-cash offer to beat out everyone else (who are subject to getting a mortgage) and skip the hassle of timing your closing dates.  You move into your new home, and then we sell your home – it’s what the super-rich do, now it’s possible for you.

This is how intelligent sellers are buying their next home in this hot market.  You get the certainty of buying the new home you want first and then selling your old one.

If you’re thinking about selling your home this summer, please let us know – we can point you in the right direction of what you need to do now to make sure it’s a painless experience, and you sell your home for the highest possible price.

We know exactly what buyers are looking for – and with a few cheap improvements now – we can likely add thousands of dollars to your sales price.

Things are looking up after a crazy year this past year.

We are here to help.

Thanks for reading !

Thank you

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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!

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