Chad Campbell: 705-443-9444
Scott Campbell: 705-446-6602

August Newsletter

Our  August Newsletter has suggestions on how to keep your emotions in check when on your personal real estate roller-coaster ride, national housing price trends and even some back-to-school tips!!


  Real Estate News from Chad & Scott Campbell August 2017   

 
Selling a home can often trigger a wide range of emotions.  This month’s article discusses how to keep your emotions in check so that your real estate roller coaster ride will be a smooth and enjoyable experience.

There are also some tips to help ease your family back into the school routine as well as a couple of apps to help you with those do-it-yourself projects.

Thanks so much for checking out this month's newsletter.  Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Chad & Scott

In this issue...
NATIONAL HOUSING STARTS REPORT 
The national housing starts trend increases in July.

The trend in housing starts was 217,550 units in July 2017, compared to 215,175 units in June 2017, according to Canada Mortgage and Housing Corporation (CMHC).

This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“In July, Canada’s pace in housing construction ramped up for a seventh consecutive month,” said Bob Dugan, CMHC’s chief economist.

“British Columbia and Alberta were the main contributors to the higher trend in housing starts.  While BC’s construction coincides with near-record low completed and unsold units in the past few months, Alberta’s inventory of new unsold homes is ramping up, highlighting the need for managing inventories.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of Canada’s housing market.  In some situations analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next.

The standalone monthly SAAR of housing starts for all areas in Canada was 222,324 units in July, up from 212,948 units in June.  The SAAR of urban starts increased by 5.5 per cent in July to 206,122 units.  Multiple urban starts increased by 10.4 per cent to 141,950 units in July and single-detached urban starts decreased by 3.9 per cent, to 64,172 units.  Rural starts were estimated at a seasonally adjusted annual rate of 16,202 units.

PREPARING FOR THE REAL ESTATE ROLLER COASTER RIDE 
Never wear your emotions on your sleeve during the real estate ride.

Selling your home is a huge financial transaction that can trigger a roller coaster of emotions.  When you're being tossed around at every turn, you need to hang on and stay on track.

Although you’ll likely have a strong connection to your home, try not to get offended if a potential buyer wants to rip up your kitchen or paint over the wood trim.

Also, never take comments personally.  It’s natural for people to complain when they're interested in something so while criticisms may seem negative, they’re actually a sign that the buyer’s interested in your home.

If you receive a “low ball” offer, remember that it’s often just a starting point but be aware of tactics such as “low balling” where an attractive price is initially offered only to be adjusted at a later point on the basis that circumstances have changed.  Recognizing these strategies will help you keep a balanced perspective.

If you’re able to generate multiple offers, make sure you consider more than just the price.  There’s nothing worse than accepting a conditional offer just because it's over the asking price only to have it fall apart a month later when you could have accepted a firm cash offer that was almost as good.

It’s completely natural for both buyers and sellers to experience a wide range of intense emotions as they navigate through the complex real estate process.  However, if you hop on the real estate roller coaster with a competent agent by your side, you’ll not only enjoy the ride but you'll look forward to doing it again!

GETTING READY FOR SCHOOL DAZE 
Going back to school can be tough after the lazy days of summer.

Getting back into the school routine can sometimes be a little hectic.  Here are a few tips that will help make it a little bit less stressful on everyone:

  1. Shop Early - The first few weeks of school are very busy and unpredictable so be sure to purchase your back to school items as early as possible.

  2. Sleep Easy - Ease back into the school routine by gradually adjusting bedtimes (and wake up times) a week or so before to help everyone get back into the routine.

  3. After School Plans - Start discussing extra-curricular activities and homework routines so you can organize your Fall schedule.

  4. Have a Hub - Hang a calendar in a central spot where everyone can write down their activities and attach a folder for notices and permission slips so that everything's in one place.

  5. Be Positive - If your child is anxious, listen to their worries but also pay attention to how you’re feeling as sometimes the parent’s anxiety can rub off onto their kids.

Going back to school is a very exciting time (for you and the kids) but it’s also a period of emotional adjustment so try and make yourself available as much as possible during the first few weeks.  With just a little planning, getting back into the school routine can be a nice, smooth transition.

DO-IT-YOURSELF APPS 
Your smartphone should be an essential part of your DIY toolkit!

If you're constantly procrastinating over household projects, you should check out a few home improvement apps for some inspiration!

You’ll soon become a DIY master with the thousands of how-to guides at WikiHow complete with illustrations and videos on every imaginable topic.

There’s also iHandy Level which will help keep you on the level if you’re hanging a picture or if you need to measure a precise angle.

These are just a few examples of the many apps that are available.  From picking paint shades to renovating your home, a smartphone will be the lightest and most versatile tool you’ll ever own!



PS Are you tired of playing telephone tag with agents only to hear "it's already been sold"?  Sit back, relax and let us do the work for you!  Just go to Property Search on the TOP of our Home page of our website and check off the features you're looking for.  Whenever a home or cottage that matches your criteria hits the market, it'll be automatically flagged and emailed to you so you'll never have to worry about missing out on the perfect place ever again!


Quick Contact

 

CHAD CAMPBELL

DIRECT: 705-443-9444
chad@wasagarealestate.com

SCOTT CAMPBELL

DIRECT: 705-446-6602
scott@wasagarealestate.com

Lifetime residents of the area with over 50 years combined Real Estate experience.

Royal LePage Trinity Realty Inc., Brokerage, 1249 Mosley Street, Wasaga Beach, Ontario L9Z 2E5. Each office independently owned and operated.
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