Gta’s housing inventory is low of good homes and buyers are looking and…
In the greater Toronto area, the demand for housing is high. The inventory is low, well at least with good houses, let me explain. If there are 10 houses for sale in a specific area 3 house are good houses, meaning they are priced at market value and are valued what the vendors are asking for. The other 7 are either over priced or just in too of a bad shape to sell it for the asking price and the vendors don’t realize it. It is a shock to first time buyers but good homes sell for close to asking price with in 1-5 days on the market, so do youself a favour and get yourself an agent and don’t miss out, before the good ones are gone. If a house goes on the market go out and see it the same day, if you like it put an reasonable offer the same day and don’t insult the vendor with a low ball offer.
Cheers
Posted under Buyer, First Time Buyers, Seller