It seems like everyone we are talking to lately are saying the same thing, "People are waiting till the new year to list." It does not seem though, we are heading for scary times. It seems that people started talking about prices falling, so they held off buying and now that has trickled down to sellers holding off on listing their condos.
We are finding that, while this is true, the premise for staging still remains. You need to have your condo stand out above the rest. You need to fill a vacant suite to make it soft and appealing. You need to detract from the negatives and emphasize the positives!
TCSD are here to help you with selling faster and for more money! We have some great new plans to help with the financial strain of holding a mortgage, and still staging to get that condo sold.
Here is a small excerpt from an article on the
Toronto Condo website. The market hasn't seemed to be saturated with condos and there is still the demand .... so you need to rise above the norm!
"In today's economic climate, it is quite essential to be prudent and
pragmatic when it comes to investing your hard earned money. One of the
most promising areas to invest, especially if you do your homework
right, is real estate. In the Greater Toronto Area, there is a market
boom in condominiums. The GTA region is one of the largest condo markets
in North America. In fact, Toronto has the highest number of ongoing
condo projects in North America.
Though the
construction of condos seems to be growing at a frenetic pace, many
industry experts feel that there will be no lessening of the demand.
This is due to several projects failing due to various reasons like lack
of financing and the state of the economy. So the industry consensus is
that even though there is a lot of construction going on, the demand
for condos will be sustained.
Many industry watchers feel that the inventory levels of new condos is
still quite low when compared to the levels from the past. In fact,
Toronto has been witnessing a steadily increasing demand for rental
condos; the national average for rental condos is 20%, whereas it is 30%
in Toronto."
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