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Found 11 blog entries tagged as real estate.

Our weekly stats update sees sales slow further while the number of new listings is fairly similar. We've been focusing on offers written vs firms sales because it more current representation as to what's actually going on.

The number of "solds" in March was significantly higher than in 2019 because of the amount of activity before the lock down. April will see a slow down in these numbers but we won't know the actual affect on sales until May.

Far fewer offers are being written as time goes on, which means the number of firm sales we see in the next month will follow suit.

Questions about buying or selling a home and how these statistics might affect you?  Contact us below and we'll be on hand to answer all your questions. 

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For those of you who don’t know me, my name is Chris Perkins and I’m the Broker/Owner of HaliPad Real Estate Inc.  I’ve been selling real estate since 2007 and moved to Halifax with my wife, Joelle in 2018.  We founded HaliPad Real Estate Inc that same year and opened an office on Gottingen Street, we’d love to have you stop by when things return to normal.

Now, before they return to normal, what does that mean for the local real estate market and how we do business. From a market perspective, things are more active than I was expecting.  We’ve written a couple of blog posts looking at new offers written and new listings in the past three weeks.  From March 16-22nd there were 133 offers written in comparison to 117 the year before.  From March

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Best practices from Dr. Robert Strang when buying or selling a home amid the COVID crisis

The Real Estate Commission reached out to the Office of the Chief Medical Officer of Health, Dr. Robert Strang, asking what advice they would convey to the real estate industry during the COVID-19 pandemic. It was recommended that we comply with the following information:
  • Social distancing, travelling in separate vehicles and not showing houses of those in self-isolation.
  • Frequent hand hygiene. Real estate licensees and buyers will be going into homes where the risk may be unknown. It is extremely important for these individuals to touch as little as possible during the viewings and practice hand hygiene before entering and after leaving the premise.
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Housing is Essential

Although Halifax real estate activity has dropped significantly week over week, I'll admit I'm surprised by the amount of activity that remains.  Real estate services were listed as essential in Ontario when all non-essential businesses were ordered to close.  People need a place to live regardless of external factors that influence the market.  

Offers Written 

The number of offers written are down by 29% from this week two years ago and 36% from this week last year.  However, the total number of offers written in March 2020 current sits at 512 in comparison to 422 last year.  The next week should give us a good indication as to how we can expect market to trend until things return to normal. 

Cancelled Listings

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Real estate sales are a lagging economic indicator.  It takes weeks or months for sales to feel the effects of shifts in other areas of the economy.  That said, it is currently impossible to predict how the current environment surrounding the COVID-19 crisis is going to change our local housing market.  However, we can comment on what as happened so far and we will continue to update statistics over the coming weeks to keep everyone informed as to what is going on.  

As you’ll note in the charts below, it’s too early for the real estate market to react to what has happened in the past week. It is also subject to significant change as the Government’s response to this crisis evolves on a daily basis.

Number of New Listings

New listings in

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What is Center Plan?

Center plan has been in development for several years.  It is focused on simplifying zoning bylaws and the development application process in the urban core of Halifax and Dartmouth. The goal is to add density to address our increasingly competitve housing market.  To date, this has been achieved by creating density corridors that allow taller buildings to be constructed along the busiest transit routes like Gottingen Street, Robie Street and Quinpool Road. 

Introducing Package B – Draft Stage.

Some changes are significant but perhaps the most impactful is R1 zoning will no longer exist.  R1 zoning states that you are only allowed one unit per household, meaning you are not allowed to have a legal secondary suite.  In

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After a lot of thought, you’ve decided your home is too big.  You haven’t seen the cat in days and the living room hasn’t been lived in for years.  The kids have moved out or you quite simply hate the idea of cleaning three bathrooms.  The reasons for downsizing are numerous, but the tactics to accomplish the goal of downsizing are very similar.  We simplify the downsizing process so you can focus on the things that matter most.

On November 26/19 join HaliPad Real Estate Inc. and renowned Organize Anything expert, Colette Robicheau to learn how to effectively right size your life.

Why you might want to downsize:

  •         Less upkeep and responsibility
  •         Financial freedom
  •         More flexibility
  •         Your
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Note: Listings will no longer appear if they have been sold. 

Our six picks this week feature some fantastic options for first time buyers.  These cheaper homes offer the perfect opportunity to get on the property ladder and watch your investment grow.  Our other more expensive picks offer lots of character and great locations.  Check out the listings below and let us know which is your favourite!

 

Are You Searching for a Halifax Home?

Why go it alone?

We monitor the market every day and are equipped to make sure you never miss an opportunity.  Looking to buy or sell your Halifax Pad?  Give us a call and our team of qualified agents will take exceptional care of you. 

Chris Perkins, Broker/Owner
(902) HaliPad
HaliPad Real Estate Inc. 

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Notable features of this #NicePad | Two driveways | Large detached garage | Fenced Yard | Four Bedrooms Upstairs | Refinished Hardwood Floors | Updated Kitchen and Baths | Legal Basement Suite | Steps from Burton Ettinger Elementary. This fantastic property offers it's new owner a great place to call home while the basement suite offsets the monthly mortgage cost. A private yard bordered by a lovely hedge ensures you are tucked away, with ample parking on a newly paved main driveway. Inside, you'll find a bright and sunny living room, dining room with a beautiful bay window and a functional, renovated kitchen. Two bedrooms and a half bath complete the main level. Upstairs, there's a third bedroom, renovated full bathroom and a master suite with a

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Coming soon, watch for this Bradford Place Bungalow to hit the market and visit us on Sunday from 1-4 PM to see it for yourself!

Fantastic curb appeal invites you in to a bright and sunny foyer, with a lovely adjacent den or optional bedroom. Then, step into an open concept great room, complete with a focal fireplace and classy mantle. Large windows bathe the room in light that glistens off the quartz counters and contemporary cupboards. The master bedroom showcases an impressive ensuite, complete with his/her sinks, stand alone tub and separate shower. Downstairs, you'll find a sprawling rec room, two more spacious bedrooms, additional storage and another full bath. Other notable features include: Heat pump comfort, 7 year new home warranty, attached

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