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Monday, December 14, 2020   /   by Ernie Arrizza

What Do Vaccines Mean for the Real Estate Market?

It is hard to imagine that in a pandemic, the Real Estate numbers have shot through the roof in the past 9 months. Nobody could have predicted that there would be a mass exodus out of city's and move to anywhere but. 

When the pandemic started in March many of my clients opted to halt their Real Estate ventures and stay put. A month later, people started to feel cramped in their space and start looking beyond to see if they could afford a place with a backyard, some space and a home office. Many people did that and prices outside of the city core exploded. Prices also exploded all the way to Windsor and outskirts where nobody thought of. Find a nice peaceful town, with a backyard and pool, that's what people did. 

Places near the city with these features went through the roof, the reason being, it was outside enough of the city core, but had land and space inside an actual house. We are still seeing a trend going upward daily and right now. Each sale spurts the mark ...

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  condo, investment property, new building, new construction, buyer, buyer agent, home, additional costs, buying home, landlord, real estate investment, sell investment, business, commercial real estate, finished basement, home features, industrial real estate, real estate, requests, saving to buy a home, top features, covid 19, vaccine

Friday, December 4, 2020   /   by Ernie Arrizza

Top Features Requested In Homes Right Now

Since people are pretty much going no where right now and for the past 9 months, people are starting to re-evaluate what they want in a home. They are re-evaluating where they want to live, and how their future might be in the next few years. Many are moving out of the city and looking for bigger homes, and also looking for specific features. Here are some features that buyers are putting at the top of their list:
1. Finished basement with bedroom & Washroom. I must've answered this question a million times in the past 9 months. Does it have a finished basement and a bedroom? Why? Everybody is either using it for a nanny, a parent, or a teenager that needs some space. 
2. Office: Everybody is working from home, so they need a space to work in. 
3. Pool: Since most pools are closed, and or people don't want to navigate going to a public pool, this has been a top selling feature this year. Jacuzzi's have also been up there. Pool prices have go; ...

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  condo, investment property, new build, new building, new construction, buyer, buyer agent, buying home, home, top features, home features, requests, finished basement, basement