Copy
April 2020
Dear Clients and Friends,
 

We hope this email finds you safe and healthy at home.
 

In this month’s newsletter, we’re bringing you:

  • Forget business: Let’s get personal. 
  • Post COVID market predictions
  • What will be The New Normal
  • Feedback from our Clients
  • New Homes for sale. Whether you need 750 ft.²,3500 ft.² , or anywhere in between…We’ve got you covered. 
 

FORGET BUSINESS FOR A MINUTE. LETS GET PERSONAL.

I don’t know about you, but I’ve received WAY TOO MANY emails from companies telling me how they’re operating during this time. If you’d like to know how Susan Taylor Group is operating during this time, click here! And if you really don’t care right now, that is absolutely fine  .

One of the things that I’ve observed about this “new normal” is that we’re learning a lot about each other’s personal lives. We’re often meeting by web-conference and seeing into each other’s homes and lives. Kids jumping in. Dogs barking. Husbands gorging on a Dagwood-Sandwich when they don’t realize they’re on camera….

So if you’re interested, here’s what our team has been up to these last few weeks!

I am self isolating with my husband, our two teenaged boys, and two dogs (one is ours, one is Meliza’s…more on that situation later!). We are grateful that nobody in our circle of friends or family has had any serious health concerns. My husband works for a large consulting firm and spends all day closeted in his home office on conference calls about I-don’t-know-what. I’m working from my home office, which is not new for me, but now I rarely leave the house for anything work-related. I’m grateful to my local yoga and pilates studios who have been conducting classes by livestream video. We cook some meals at home, but once or twice a week we indulge in take-out from some of our amazing local restaurants. And Netflix. Probably too much Netflix. (But not Tiger King. yet.) My 16 year old son loves to bake, so in-between schoolwork and video games (too much on the video games!) he’s been making us muffins, cookies, and my personal fave - chocolate-orange fudge. My 13 year old and I have been enjoying long walks with the dogs, and he’s working on a flyer to launch his local lawn-cutting business! With the boys’ hockey and activities all cancelled, we have a lot more time to get those projects done around the house. And did I mention Netflix?

Jessica on our team is a big runner, so she’s been taking this opportunity to improve her run times and explore new trails. She’s been enjoying peaceful walks with Kobie, her Pomeranian chihuahua, and has been trying some new recipes (when she can find flour!). Realtors have to take courses and update their skills in order to maintain their licence, so Jessica is using this time to study lots. She’s been decluttering for spring, and making sure that her Mom, who lives nearby, has all the essentials.

Meliza was in Peru for a family reunion when things got really real. She left Canada the week before March break, and on Saturday March 14, perfectly timed with Justin Trudeau telling Canadians abroad that it was “time to come home”, the Peruvian government shut all their airports. Yikes! As she was down there, she relayed stories of armed guards patrolling the streets day and night to stop people from gathering and to enforce curfews. Eventually the Canadian embassy in Peru negotiated three flights with Air Canada to repatriate the Canadians that needed to come home. She was on the second flight — which left from a Peruvian Air force base - and made it home only 5 days later than planned. Although there are worse stories out there, I still don’t think Meliza will be leaving Canada again anytime soon! She has just finished her quarantine period and been reunited with her dog Marley!

THE MARKET - WHAT’S NEXT

Some predict that by the end of April, we’ll see the volume of sales down by 70%. And this is ok, as long as the number of new listings to come onto the market is also down accordingly. Over the last couple of weeks, the new-listings-to-homes-sold ratio has been in balance. Some people simply have to sell right now, and if that’s the case, at this time it remains a balanced (albeit slow-moving!) market and prices don’t seem to be down by much.

Once we are no longer in a state of emergency, here are some potential scenarios for our housing market:

Balanced or Buyers Market: It is a fact that many Sellers are pausing their plans to go on the market until social distancing is over. So if we see a flood of new listings come onto the market, and not an equal flood of buyers entering the market (for whatever reason- job uncertainty, financial instability) then it will turn back into a balanced, or even a buyers market. Prices may decline.

Sellers Market: If the demand comes back to what it was before we went into this state of emergency, we’ll have similar or identical market conditions as we had up to mid-March. Prices will maintain what they were before this, or slightly increase.

Strong Sellers Market If the demand returns, or is even stronger, than what it was before we went into this state of emergency, but Sellers hold back on putting their homes on the market (perhaps people postpone listing because the new-construction purchase that they’ll be moving to is now delayed, or job uncertainly or financial instability makes people reluctant to make a change at this time), then it will become a stronger sellers market than ever. We’ll see multiple offers on those properties that are listed, and prices will skyrocket.

My personal feeling is that it will remain a sellers market. There was just TOO MUCH DEMAND in the local real estate market leading up to this point for it to have dried up and gone away. People will be eager to get out again and start fresh. Many of us will have finally slowed down enough to observe all the flaws with our existing homes, and decide it’s time for an upgrade.

THE NEW NORMAL

When we emerge from this strange time, there is no question that our ways of working will be changed forever. Many have been forced into working remotely and learning to use new technology….and found that it isn’t as scary as they thought it would be!

Re/Max colleagues across the country have been sharing their experiences on how they’ve helped Clients avoid in-person contact while Buying and Selling Homes. 

Here are some ways that we at RE/MAX Prime Properties are closing transactions during this time.

When we emerge from this, I’m quite sure that many of these processes will live on, making real estate and other industries more efficient than ever.

CONGRATULATIONS TO OUR WONDERFUL CLIENTS
FEATURED PROPERTIES

18 Maurovista Court, Stouffville - For Sale

-Luxurious Home with 4+1 beds, 5 bath 
-Stunning quartz Kitchen with professional grade appliances
-Finished basement rec-room with fireplace and wet bar and gym/office
-Covered outdoor living area with fireplace, hot tub and sliding barn door

-Too many luxe finishes to list!
-Asking price $1,750,000

 
44 Lappe Avenue, Cornell Village, Markham - For Sale

-Spacious 2 story townhome with double door entry
-3+1 beds, 3 1/3 baths
-Granite kitchen
-Hardwood Floors, convenient laundry room on second floor
-Finished basement with large rec-room, 3 piece bathroom and 1 bedroom
-Asking price $818,000

 

More Info
COMING SOON

138 White’s Hill Avenue, Cornell Village, Markham - For Sale

-Charming 3-bedroom, 2 1/2 bathroom townhome near Ninth Line & Highway 7
-Beautiful gleaming hardwood floors and crown moulding on main
-Master bedroom with ensuite bathroom
-Single car garage

 

35 Church Street, Old Markham Village - For Sale

-
 Beautifully restored detached Century home with many upgrades
- 3 beds, 2 baths
- Renovated granite kitchen
- Hardwood floors
- Steps to shops of Main Street Markham, quick access to 407

-Asking Price $875,000

209 - 2 Adam Sellers Street , Cornell - For Sale

- Elegantly Upgraded condo apartment with 9' ceilings
- 1+1 bed, 1 bath, 777 sq ft.
- Smooth ceiling, crown molding, and upgraded light fixtures throughout
- Kitchen with quartz counters, breakfast bar, and marble backsplash
- Den and 92 sq ft balcony with retractable glass windows
-Asking Price $528,000

More Info

As I heard from a wise colleague yesterday, these are strange times. When it’s all over, I hope it hasn’t broken you, but rather, I hope it has built you.

Stay well, Friends.

The intent of this communication is for information purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage. 






This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
Susan Taylor Real Estate · 72 Copper Creek Drive #101B · MARKHAM, ON L6B 0P2 · Canada

Email Marketing Powered by Mailchimp