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Weekly Wrap Up...Sales Drop While Listings Level Off
Welcome back to another episode of Selling the Rock! David Kurt, here on the mic, to share my FIVE biggest takeaways on this week's real estate market activity in Sudbury!
As every day goes by, it seems like we are getting closer and closer to a second lockdown. I always try to be the eternal optimist, but the cases seem to be approaching staggering levels; for the second time. It couldn’t be more timely that Phizer seems to be fast-tracking their version of the antidote, although rollout is still months if not a year+ ahead. I read something from Dr. Fauci out of the US that if we listen to the scientists and follow their recommendations we could be starting to go mask free around this time next year (assuming the vaccine rollout goes as planned as well).
From a local level, it's hunting season, which usually means things slow to a crawl in our market as people head to Manitoulin to get their hunting fix. We just got news yesterday that tragedy has struck the police force on the island with Constable Marc Hovingh being shot and killed in a dispute with a trespasser on private property. I have so many friends who are in the policing field and it seems like such a common job, but the risks that are tied to simply going in to work every day can be shockingly scary. I understand he has kids and a family and my thoughts go out to all the family and police who put their lives at risk every day.
On a positive note, we at Lake City have begun our 12 days of Local Businesses as we approach the Christmas season. We are featuring local businesses 2x/week, showcasing popular gifts and reminding those in a position to support local businesses this holiday season. For every business we feature, we are raffling off a gift card as well... if you share our posts; stay on the lookout for that.
From a real estate perspective sales dropped considerably this week, while listings seem to have levelled off (with more listings than sales/week).
Tune in! 🎧
If you've thought about selling or buying and would like to know more about how your situation looks in this market, I'd love to chat!
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By Selling the RockWelcome back to another episode of Selling the Rock! David Kurt, here on the mic, to share my FIVE biggest takeaways on this week's real estate market activity in Sudbury!
As every day goes by, it seems like we are getting closer and closer to a second lockdown. I always try to be the eternal optimist, but the cases seem to be approaching staggering levels; for the second time. It couldn’t be more timely that Phizer seems to be fast-tracking their version of the antidote, although rollout is still months if not a year+ ahead. I read something from Dr. Fauci out of the US that if we listen to the scientists and follow their recommendations we could be starting to go mask free around this time next year (assuming the vaccine rollout goes as planned as well).
From a local level, it's hunting season, which usually means things slow to a crawl in our market as people head to Manitoulin to get their hunting fix. We just got news yesterday that tragedy has struck the police force on the island with Constable Marc Hovingh being shot and killed in a dispute with a trespasser on private property. I have so many friends who are in the policing field and it seems like such a common job, but the risks that are tied to simply going in to work every day can be shockingly scary. I understand he has kids and a family and my thoughts go out to all the family and police who put their lives at risk every day.
On a positive note, we at Lake City have begun our 12 days of Local Businesses as we approach the Christmas season. We are featuring local businesses 2x/week, showcasing popular gifts and reminding those in a position to support local businesses this holiday season. For every business we feature, we are raffling off a gift card as well... if you share our posts; stay on the lookout for that.
From a real estate perspective sales dropped considerably this week, while listings seem to have levelled off (with more listings than sales/week).
Tune in! 🎧
If you've thought about selling or buying and would like to know more about how your situation looks in this market, I'd love to chat!