Real Estate in a COVID-19 World – Our Reaction

By: Keith Williams & Lisa C. Follows - Real Estate Brokers & Sam Awwadah - Sales Representative

Real Estate in a COVID-19 World – Our Reaction

Tags: COVID-19, Pandemic, Health, Safety, Real Estate Market, Homeowner Assistance

Real Estate is no exception to the ravages of the COVID-19 worldwide pandemic. The health and safety of our clients and the public is our first and foremost concern at Williams & Follows. If we have to stop trading, that is a price we’re willing to pay if we can help bring this virus under control. Here are some facts about the status of our industry.   1.   Is It Crashing...Read More

Coronavirus Home Buying Etiquette

By: Keith Williams & Lisa C. Follows - Real Estate Brokers & Sam Awwadah - Sales Representative

Coronavirus Home Buying Etiquette

Tags: Real Estate, Clients, Buying, Sellers, Coronavirus, Spring Market

The Toronto real estate market has been very active this year however COVID – 19 has now become a fact of life as we move forward in the Spring market. We are still open for business and while it’s too early to fully gauge how events may impact the real estate market one thing is certain; practices surrounding showings and open house will change   We have suggestions on what to ex...Read More

Knowledge

By: Keith Williams, Lisa C. Follows & Kim Kelly

Knowledge

Tags: Knowledge, Real Estate Agents, Real Estate, Learning, Team, Selling, Buying

At our annual team retreat two years ago we had a discussion to identify a set of values that was important to us; values that we could identify with both in our personal lives and in our workplace. Following the creation of numerous lists and lively discussion we settled on 6 values that were both important to us and that we could naturally identify with. We decided to write about each one so thi...Read More

Rightsizing Not Downsizing- With Your Project Managers of Life Transitions  Part 1 Newly Singles

By: Keith Williams, Lisa C. Follows & Kim Kelly

Rightsizing Not Downsizing- With Your Project Managers of Life Transitions Part 1 Newly Singles

Tags: Listing, Selling, Agents, Hiring, Sell Your Home, Pricing, Durham, Single, Right size, Down Size, Moving, Buying

  Rightsizing is the decision to change your residence for a new lifestyle to better fit your new circumstances and needs. It’s not always a case of downsizing into a smaller place but may in fact entail a similar size or even larger home of a different nature to meet your new circumstances. We often think about these changes in relationship to our golden years and senior adult moves,...Read More

Get Smart – What To Know About Real Estate Statistics

By: Keith Williams, Lisa C. Follows & Kim Kelly

Get Smart – What To Know About Real Estate Statistics

Tags: Market, Housing Market, Statistics, Real Estate, Buying, Selling, Price

    The numbers out of the Toronto Real Estate Board for September, 2019 were nothing less than spectacular and they were trumpeted throughout the countryside by many an agent and news feed!   Sales were up a whopping 22% over September 2018 across the GTA. A friend of ours in Port Perry, where we live, told us an agent in town mentioned sales were up 22% when they were talking ab...Read More

2019 Fall Market Outlook

By: Keith Williams, Lisa C. Follows & Kim Kelly

2019 Fall Market Outlook

Tags: Market, Housing Market, Buying, Selling, Stats, Fall Market, Real Estate Market

2019 started off with the fear of rising interest rates however that fear is now gone, with no expected increase for the remainder of this year and next. In fact, long term mortgage rates have been on the decline, including five year rates used by the Banks to qualify borrowers under the stress test. So far it’s minimal, but any decline is good news for borrowers.   With the decline in ...Read More

Who’s That Knocking On My Door?

By: Keith Williams, Lisa C. Follows & Kim Kelly

Who’s That Knocking On My Door?

Tags: Real Estate, Clients, Customer Service, Buying, Selling, Door Knocking, Agent, Picking an Agent, Interview

  As a favour and at the request of a past client, I did a quick analysis of his friend’s home which is currently on the market for sale.   The short story is the home has been listed approximately 70 days; agent did two open houses at the beginning and that’s the last they’ve seen of him aside from the agent asking for price reductions. Oh, and agent said the home was...Read More

Busy vs. Productive

By: Keith Williams, Lisa C. Follows & Kim Kelly

Busy vs. Productive

Tags: Real Estate, Clients, Customer Service, Buying, Selling, Busy, Productive

  The two most asked questions I get are “how’s the market” and “are you busy.” It is the latter question I fear the most. For in my mind, “busy” carries a negative connotation. If my answer is “we’re not busy” well, that’s not exactly a confidence builder. And if I answer “we’re really busy” it may sound goo...Read More

May 2019 Market Stats

By: Keith Williams, Lisa C. Follows & Kim Kelly

May 2019 Market Stats

Tags: Market, Housing Market, May 2019, Real Estate, Buying, Selling, Price

  The Durham Region Association of Realtor reported 1,176 transactions in May, representing a 37% increase over the 859 transactions recorded in May of 2018. New listings also increased from 1,993 in April to 2,392 in May; up 20%. The average selling price inched up slightly from last year to $622,292 across Durham Region. Current Average Days On Market stands at 19 days and the Sales to Ne...Read More

The Tale of Two Markets

By: Keith Williams, Lisa C. Follows & Kim Kelly

The Tale of Two Markets

Tags: Debit, Credit, Pricing, Home Sale, Home Buying

U.S. Reports Huge 11.8% Increase In Sales In February   The U.S. housing market is really humming along reporting the largest monthly increase since 2015. The enthusiasm is attributed to the following conditions: Lower mortgage rates More inventory Rising incomes Higher consumer confidence 1st time Buyers accounted for a whopping 32% of the purchases   Contrast Canada Sales do...Read More

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