CPH Real Estate Blog

Wow Wee … I can’t believe how fast this summer has gone by.  We had a ton on our plates this year because of the age of my kids …. Universities have become a big part of our lives and the preparation, packing, moving and travel can be overwhelming.  The economy has required me to change the way I work as well …. the market has changed .. people will always be buying and selling homes – but who is doing the buying and selling is very different this year than it was last year.  That too has taken a fair bit on my time.

The real estate market in general is again VERY POSITIVE …. take a look.

I don’t know if it’s age or just fatigue but it seems that this summer has really been a challenge.  Because of the times my real estate business has needed more of my time than it normally would.  My family has also needed more of my time … my oldest is moving into his first apartment and wanted to make some of his own furniture – something I have some experience at — we’ve been working hard at that. My middle child leaves for University in Thunder Bay at the end of the month .. another Chomitz Road Trip which we’ve always loved ..  but coming home with an empty seat will be tough.  My house has needed more of my time than usual .. which is one of the joys of property ownership.  And I had a tenant move out after 7 years in one of my apartments which required a complete redecorating .. Individually a long list of things I really like to do ….  collectively a bit more than an old guy like me should really attempt.  But age doesn’t necessarily equal wisdom ….

The result is I’ve had to focus on the most important parts of my business … and at times leave some on of the others slide a bit .. blogging is in the slide category, something I plan to change after labour day.

The market stats are out.

It looks like I need to be blogging more often …. but in my defense, June was probably the busiest month I’ve had in a very long time.  Real Estate is slow enough that you have to work at it .. which takes time .. and my family needed more of my time than normal as well.

The result was focusing on the most important things and leaving some behind.

Truthfully, I didn’t really have much to say anyway.

But the market was very interesting … click on the small graph to see what happenend.

Someone turned the light on .. it’s way down at the end of the tunnel … but we can certainly see it from here.

Take a look … we have a long way to go  .. but we’re certainly headed in the right direction.

The lion and lamb thing didn’t work too well this year … but I’d be ly’in if I said I missed it.

I had all the winter I needed this year and a milder, gentler transition into spring was welcome at my house.

The market has changed a bit too ……

 Just Click On The Graph  to see it.

What about you ?? Do you think it’s a blip … or a turn around ??

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This is a very odd time.  Never before  have we seen so many homes for sale, so few homes selling, so many people in the market looking or such a low interest rate.

Really a difficult get a Handle on.

I’ve posted the Real Estate Update – please take the time to read the comments .. and consider the previous Blog Post as well ….

Anyone who has a view they’d like to share would be most welcome …

There is no question that there are people and businesses that are suffering right now.

However, there are also people and businesses that are holding their own, some even prospering. 

However, we never seem to hear about the good news … I think that’s a shame and I’ve vented a bit in this video.

Comments welcome.

It’s the start of the year .. so it can be difficult to try and understand the story the numbers are telling today. Certainly this is always the slowest time of the year for us.

However I think there are several trends we can identify that will be important to both sellers and buyers.

I’ve made several charts that  may be easier to understand.

As Always …. if I can be any help to you or a friend just let me know.

Dave

The Real Estate Market is acting a bit like my kids ……

You can see what’s it’s doing …

You can even find ways to analyze it after the fact …

But that doesn’t make you feel any better about tomorrow …
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While this has been a very difficult year in real estate and we have without question seen a correction, things are not near as bad as many would like us to believe.

It may not sell papers but …
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