UncategorizedUncategorizedUncategorizedUncategorizedUncategorizedUncategorizedUncategorizedUncategorizedUncategorized 14 March 2025

🚨 FORT ERIE’S REAL ESTATE MARKET IS MOVING FAST! 🚨

 

🚨 FORT ERIE’S REAL ESTATE MARKET IS MOVING FAST! 🚨

Homes are selling. Buyers are active. And if you’re not paying attention, you could miss out on a MAJOR opportunity! 😲

🏡 What’s really happening in Fort Erie’s market right now?
✅ Prices are holding steady 📊
✅ Homes are selling faster ⏳
✅ Buyers are making moves despite interest rates! 💰

If you own a home or are thinking about buying here, you NEED to know this info! Let’s chat—DM or text 📲 905-329-2854 for the latest insights!

The numbers don’t lie! 📊 Watch our latest YouTube video for all the insights on the Fort Erie real estate market!

#FortErieRealEstate #MarketUpdate #HomeSelling #NiagaraRegion #HouseHunting #RealEstateCanada #MoveToFortErie #BuyingAHome #SellersMarket #InvestInRealEstate #FortErieHomesForSale #LuxuryHomes #OntarioHousing #DreamHome #FirstTimeBuyer

UncategorizedUncategorizedUncategorizedUncategorizedUncategorized 12 March 2025

1️⃣ Why I Paused My Market Updates

 

1️⃣ Why I Paused My Market Updates
🚨 WHERE DID I GO?! 🚨

You may have noticed I hit pause on my Fort Erie market updates… and for a good reason! 🤯 Our MLS system just went through a HUGE change, and the data is still updating, leaving some gaps up til now.

Now, I finally have accurate numbers, and I’m back to break down what’s REALLY happening in the market! 🏡📉 Go to my youtube channel for the full video!

Want the inside scoop on Fort Erie real estate? DM or text 📲 905-329-2854 for the latest insights!

#FortErieRealEstate #MarketUpdate #RealEstateNews #HousingMarket #NiagaraRegion #OntarioRealEstate #FortErie #BuyersMarket #SellersMarket #HomeBuying #HomeSelling #RealtorLife #InvestmentProperty #HouseHunting #FortErieHomes #DreamHome

12 March 2025

🛑 STOP SCROLLING! 🛑 Loyalty pays off…

 

🛑 STOP SCROLLING! 🛑 Loyalty pays off… and so does wisdom! ✨ I’ve spent my entire real estate career with one brokerage, soaking up knowledge from two incredible brokers. This video shares just a few golden nuggets they shared, lessons that still guide me today! 💎

Here’s the scoop:

1️⃣ Consistency is King (or Queen!): Show up, rain or shine! Real estate is a daily grind, but the rewards are worth it. 👑

2️⃣ The Market Rules! The market sets the price. Market value is when the buyer feels they’ve paid too much and the seller feels they’ve undersold.

3️⃣ Listen to Your Buyers! If they’re worried, investigate! Don’t brush it off; pay attention to your buyer’s concerns and help them investigate it till they’re comfortable.🕵️‍♀️

Wisdom Drop: Real estate is a blend of hustle, market savvy, and empathy. These lessons have shaped my career, and I hope they help you too!

DM me for guidance! Follow for more wisdom sharing! ✨

#RealEstateWisdom #BrokerageLoyalty #AgentLife #RealEstateTips #MarketValue #BuyerConcerns #RealEstateCareer #ConsistencyIsKey #RealEstateAdvice #PropertyInsights #RealEstateExpert #RealEstateJourney #RealEstate101 #LearningFromLeaders #RealEstateLife #WisdomSharing #RealEstateMentorship

UncategorizedUncategorizedUncategorized 11 March 2025

🎙️ From Workshop Panel to Wisdom Drop!

🎙️ From Workshop Panel to Wisdom Drop! 🎙️ Recently, I had the privilege of being a panellist, and one question really sparked reflection: ‘What early advice stuck with you?’ Here’s what I shared:

1️⃣ Show Up, Every Day! Consistency is key in real estate. It’s a daily commitment.

2️⃣ Resource Mastery! Focus your time on client service, listings, and negotiations. Efficiency is your superpower! 🦸

3️⃣ Dominate the Inventory! In real estate, listings are your product. No listings? No business. Period. 🚫🏠

These 3 lessons shaped my career. What advice has stuck with YOU? Share below! 👇

#RealEstatePanel #CareerAdvice #RealEstateTips #AgentLife #RealEstateWisdom #BusinessGrowth #InventoryMastery #ShowUp #ResourceManagement #RealEstateExpert #RealEstateCareer #RealEstateInsights #ProfessionalDevelopment #RealEstateLife #LearningAndGrowing

11 March 2025

🔥 THE GRIND DOESN’T STOP! 🔥

 

🔥 THE GRIND DOESN’T STOP! 🔥

Real estate isn’t just about numbers—it’s about STRATEGY. And here’s what the latest Fort Erie stats tell us:

📉 Homes priced right are SELLING
📊 Buyers are staying active despite the market noise

The market is always changing, but the grind never stops 💪 Whether you’re buying or selling, you need a game plan—and I’ve got you covered!

📩 DM or text 📲 905-329-2854 to get ahead of the market today!


We just dropped a must-watch video!
 🎬 Head to YouTube now for the full market breakdown!

#TheGrindNeverStops #FortErieRealEstate #HustleAndSell #MarketTrends #RealEstateGrind #NiagaraHomes #HousingMarket #HomeBuying #HomeSelling #OntarioRealEstate #BuyersMarket #SellersMarket #RealtorLife #TopRealtor #FortErieHomes

10 March 2025

Just Listed! 487 Albany St Fort Erie

 

 

🏡 Nestled in a quiet and desirable neighborhood is designed for both comfort and functionality 📍Fort Erie, Ontario 💲Listed for $675,000  🛏 3 Bedrooms  |  🛁 2 Bathroom  |  📐 1,581 sqft ☎️ Contact: Barbara Scarlett, BROKER – 905-329-2854 –  Century 21 Heritage House Ltd.  📷 More Photos Available → https://c21hh.info/487albany

10 March 2025

 Another Round of Happy Sellers!

 

 

🏡 Another Round of Happy Sellers!

Over the last few weeks, I’ve had the privilege of helping several clients successfully sell their homes. It’s always rewarding to see families move forward with confidence and ease.

So, what’s been making a difference? Buyers are winning when they come in without a heavy list of conditions, such as a sale of property, so the sellers can move forward.  Those are the offers that are being accepted by my sellers.

If you’re thinking about selling and want to explore your options, I’d love to chat and see how I can help. Send me a DM or SMS at 905-329-2854!

#FortErieRealEstate #NiagaraHomes #HelpingSellers #RealEstateWithHeart #CashOffers #FortErieLiving #NiagaraRealtor #JustSold #SellersMarket #ExpertGuidance #RealEstateSuccess #TopAgent #TheScarlettRealEstateGroup

Uncategorized 9 March 2025

Niagara MLS Sales to End of Feb-25 

Positioning Your Home for a Timely Sale

If you want to sell in 3 months and the absorption rate is 6 months or more, you need to know this. To help meet a seller’s timeline and increase the chance of having his home sell sooner than the absorption rate indicates the seller needs to position his home in front of the market by pricing his home more aggressively than the competition. Doing so will improve a reasonable buyer’s perception of value and achieve a sale.

The following chart displays the MLS number of sales for 12 months to
Feb 28, 2025 vs. 12 months prior. The chart also shows the median prices to help uncover the trend from one year to the other, using the new Habistat tool powered by Toronto PropTx.

 

From 12 Months to Feb-25 Sales Last 12 mo’s Sales Prior 12 mo’s % Change No. Sales Median Sale Price at
Jan-25
HPI Sale Price at 

Jan-24

% Change 
Fort Erie 677 820 -17% $580,000 $565,000 2.65%
Fonthill/
Pelham
310 333 -7% $870,000 $850,000 2.35%
Grimsby 430 436 -1% $787,000 $786,250 0.10%
Lincoln 345 399 -14% $740,000 $719,900 2.79%
Niagara Falls 1267 1536 -18% $622,500 $627,250 -0.76%
Niagara-on-the-Lake 328 385 -15% $952,500 $825,000 15.45%
Port
Colborne/
Wainfleet
363 422 -14% $524,900 $510,000 2.92%
St.
Catharines
1829 2221 -18% $592,500 $600,000 -1.25%
Thorold 501 489 2% $640,000 $660,000 -3.03%
Wainfleet 92 113 -19% $615,000 $767,000 19.82%
Welland 896 983 -9% $580,000 $580,000 0.00%
West
Lincoln
154 178 -13% $710,000 $839,500 15.43%

The above stats are based in whole or in part on MLS® System data owned by the Niagara Association of REALTORS® through the PropTx Toronto Board System.

Thinking of Selling or Buying in 2025?

Call for a No Obligation Consultation

8 March 2025

CURRENT MORTGAGE RATES NOW IN!

 

Here is the Centum Mortgage Rates
at end of February, 2025

The 5-yr fixed high ratio 3.99% – 5.25%

The 5-yr variable high ratio: 4.35% – 5.65%

The 5-year fixed uninsurable: 4.54% – 6.89%

The Prime Rate is 5.20%
– Next Announcement March 12

NOTE: Rates shown are for “A” rated deals only and don’t apply for BFS, rentals, vacation homes, second home purchases. Rates may vary from Province to Province and are subject to change without notice.

Stress Test Qualifying Rate: Mortgage lenders use the greater of the qualifying rate (5.25%) or the contract rate plus 2 points.

Rates are Based On Approved Credit

May vary between geographic areas

Buying or Selling in 2025?

Reach out and let’s talk 905-329-2854.

7 March 2025

Housing Market Trend in Niagara   March 2025

 

Housing Market Trend in Niagara   

The Listing Absorption Rate and the Market

The number of listings on the market in the Niagara Region continues to rise. As of this writing, February 24, 2025, there are 2,857 MLS listings on the market, well above the norm.

A good way to gauge how the market is doing is to calculate the number of months of listing inventory. This is calculated in the following way:

  1. Current number of active listings
  2. Number of sales over a period of time, say 6 months or 3 months
  3. The average number of sales per month (divide the number of sales for the period by 6 and 3 months
  4. Finally, divide the number of listings by the average number of sales per month.

This indicates the market trend. So here are the latest 6-month numbers compared to 3 months.

 

Months of Inventory in the Niagara Region   
Over Last 6 Months Last 3 months
No. Active Listings on Feb/24/25 2857 2857
Months of Sales 6 Mth 3 Mth
No. of Sales 2884 1183
Avg. No. Sales Per Month 480.7 394.3
Months of Inventory 5.9 7.2

As you can see, the months of inventory, known as the absorption rate, have increased from 5.9 months over 6 months to 7.2 months over 3 months. It tells us how many months it would take for the market to absorb or sell the existing inventory, without any more listings coming to market. Yet the number of listings continues to grow.

How to Interpret the Chart Above

 

  • Under 5 Months Supply = a Seller’s Market
  • 5 to 6 Months Supply = a Balanced Market
  • 7 to 9 Months Supply = a Buyer Market
  • Over 9 Months Supply = an Extreme Buyer’s Market

So at 7.2 months, Niagara is definitely in a buyer’s market.

The absorption rate analysis provides important information to help sellers make better decisions about their home’s position in the marketplace.

Reach out for guidance – send an SMS to 905 329-2854 now!