Real Estate Blog

OVERVIEW:

We are facing some unprecedented challenges in real estate with the arrival of COVID-19.  In this series of interview we will talk with real estate industry leaders and have them share their secrets in insights to navigating your business through this turbulent time and ensuring your future success. 

Interview 1

In our first interview we speak with Jeff Thibodeau, Owner and Founder of Redline Properties.  We cover a number of topics on this call including:

  • Market insights and predictions
    • Current and future outlook
    • What is the resurgence going to look like
  • How to sensitively message your database during times of crisis
    • Care+Help - Not the time for selling
  • Effective agent activities during
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OVERVIEW- Southern Georgian Bay Region

RECORD Q1 VOLUME AND AVERAGE PRICES, WITH NEW LISTINGS AND EXPIREDS UP

  • RECORD YEAR-TO-DATE SALES VOLUME OF $229,486,902 Up 19% from 2019’s $193,543,586, with units of 385 up 8% from 2019’s 356. New listings of 747 up 9%, with the sales/listings ratio of 52% equal to last year.
  • MARCH SALES VOLUME OF $83,132,186 Down .1% from last March’s $83,218,400. Units of 144 down 6% from last year’s 154. New listings of 303 were up 3% from a year ago, while the sales/listing ratio of 48% was down 4%.
  • RECORD YEAR-TO-DATE AVERAGE SALE PRICE OF $596,070 Up 10% from the $543,662 of one year ago. Average days-on-market of 56 is down 5 days.
  • THE DEMAND FOR
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