FREDERICTON REAL ESTATE REPORT FOR MONTH OF FEBRUARY

Spring has really sprung. Real estate listings are up a wooping 10%, year over year. This is up from 1% last month. A healthy inventory like this assures the market will stay lever without great expectations of fearing inflation. Which means that sales can bounce along with a healthy increase without creating a steep price escalation. This trend looks like it will continue into March and April at least. Wow, what a year we are having already.

Speaking of sales would you believe they are beating January's wooping increase of 39% over last year to a 42% year over year for February. Ironically, the expectation is that this looks like it will continue from now until at least June. Sales in the Fredericton/Oromocto area have been running at an all time high now for 10 years with no abating in sight! Wow, what a fantastic market.

Sellers get your home on the market now so you can feel really confortable in getting a decent price for your existing home so you can move up to a larger one or down to a smaller one. Or maybe you just always wanted to move out to the country or into the city. Either way now would be a great time to make the move. Good luck to you all. Also, remember, as I write this, interest rates are at an all time low of 3.64%. Wow!!!

The Art of Staging Your Home for Resale

Staging a home is not about cleaning, painting and repairing the home for resale. This goes without saying. Staging is all about the aesthetics of making your home attractive in relating to the buyers senses. i.e. sight, touch, sound and feel. Staging is about developing a dream world. An unbelievable Wow, Honey, finally this is the home I dreamed about. If you can stage your home with these goals in mind, the home is already sold as soon as the buyer enters through the front door. It's all about their feeling of excitement in seeing themselves living there. This is an opportunity for your Stager to subliminally create an atmosphere of emotional longing and belonging in the buyers expectations of who they are. Not easily accomplished. But if you are able to differentiate your property from the competition your bound to expediate your sale.