Let's Talk Real Estate with Team Tara Lyons

Join Tara Lyons and financial guru Matt Howell for an enlightening discussion on navigating today's challenging economic landscape. They delve into essential topics like investment strategies in fluctuating markets, savvy tips for first-time homebuyers, and the secrets to effective retirement planning. Whether you're looking to make the most of your savings or seeking advice on insurance and real estate investments, this video is packed with valuable insights and practical advice to help you secure your financial future. Tune in now and take the first step towards financial mastery!

🎙️🎉 Hey Podcast fam! We've got a new podcast episode that you won't want to miss! 🚀

Join me, Tara of Team Tara Lyons with Royal LePage, as I sit down with the amazing Robert Gentile, president of the Quinte Region Landlords Association. 🏡🤝

In this episode, aptly titled "Investing in Real Estate: The Good, The Bad, and The Profitable" 🏘️💰, we dive deep into the world of real estate investment and landlordship. Robert shares his insights on the current housing landscape, the challenges and opportunities for investors, and the importance of education and networking in this industry. 📚🔑

Whether you're a seasoned investor or just starting off with a basement apartment, this episode is packed with valuable tips and insights to help you navigate the real estate market. 🌐💡

So grab your headphones, get comfy, and tune in! 🎧 And don't forget to reach out to us if you have any questions or need more information. We're here to help! 🙌

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In this engaging conversation, Tara Lyons of Team Tara Lyons with Royal LePage hosts Sara Behring and Danielle Hanoman from the Downtown Belleville District BIA to discuss their roles in the Welcoming Streets Program and the BIA's upcoming events. Sara, the Welcoming Streets Program Coordinator and Steward, shares how the program supports downtown businesses and individuals experiencing homelessness, while Danielle, the Executive Director, highlights exciting events and improvements planned for the downtown area.

Join Team Tara Lyons with Royal LePage and Legacy Realty Group's Paul Lisanti as they delve into the real estate market and discuss what's happening with prices, average days on market, and much more. Learn the importance of understanding the market and personal motivations when making decisions in real estate.

Are you curious about the current state of the real estate market in Calgary and the Belleville/Quinte area? Join Tara Lyons of Team Tara Lyons and Julie Perry of Remax First as they discuss the average house sale prices, fluctuations in the market, and inventory levels in both areas. Find out how these markets compare and what to expect in the coming year. Don't miss this informative and engaging conversation between two experienced real estate professionals.

This episode we talk with Jenn Kerr from Mortgage Architects. Rates are rising making is a questionable time to buy, but you can't put off purchasing for ever? What do you do?

This episode we visit with Stacey Davoe from Halifax right after hurricane Fiona and the impact it has had on the city and surrounding area.

Stacey is a great Real Estate Representative and we're so happy to have her on the show. Let's dig in!

We talk with Nelson Conroy about the real estate market, and how the interest rate is impacting people in London, ON.

You can find Nelson at: https://nelsonconroy.royallepage.ca/

CONNECT WITH US!

https://instagram.com/teamlyons

https://facebook.com/ilovebelleville

https://twitter.com/teamtaralyons

Check Out The Market Report: https://taralyons.ca/monthly-market-report/

Transcript:

Hi.

I'm Team Tara Lyons with Royal Lepage, andI am here to give you your market update.

So I've got a couple of numbers I'm going to give you, because you do hear about what the average is and what's going on with the market and where we're at.

So I'm going to talk about Belleville and Thurlow today.

So currently July, we had, on average, $588,000.

Average price, sale price in August, we had $545,000.

So you're seeing a decrease in pricing.

It's pretty typical across the board right now.

Number of days on market in July was 26, and now we're 36.

We're going to see that same kind of trend happening in September.

Interestingly enough, we've got Thurlow, and in July, the average sale price was 690,000, and in August it was $751,000.

You're actually seeing an increase there.

But the key point here, and this is the importance of you talking to one of us, is it's a smaller number of sales it's working with.

So you could have one sale that was well into the millions that could skew that number up and not necessarily be realistic as to where your home is actually valued at.

So it's important, yes, averages are great to give you an idea of what's happening, but you really need to dig deep into the numbers to see what that actually means for you.

And that's what we do.

So what I can tell you is Thurlow had a fewer number of sales for the month, and they had some higher priced homes that did sell, and that's what brought that price up.

So I don't want you to be panicked about what's going on with the market.

We're coming into our fall market.

We're going to see a bit of activity, especially for those people that want to get into their homes for Christmas.

There's always influences on selling your home.

People are having babies and growing their families.

People are retiring and downsizing.

People are unfortunately divorcing, but they're also getting married.

So all these factors and changing jobs, especially with the military and all those factors help create our market, and that's what's happening.

We are probably around the activity of what we were in 2019, and 2019 was a pretty amazing year.

Pricing, we're probably about a year to a year and a half ago as to where we were.

So, yes, we're seeing a decrease.

But that only matters to you if you actually bought in February of this year.

That's when you would actually feel the pain of what was lost.

Otherwise, you've got huge gains if you purchased prior to that.

If you'd like some more detailed information, we've got the numbers on all the areas.

We'd be happy to take that through with you.

As well as talked you specifically about your home.