HRM Real Estate Year in Review | Fear and Volatility

The real estate market in 2022 was volatile. A cataclysmically low number of homes for sale in January caused real estate values to skyrocket.  It was almost impossible to determine what a house would sell for. A house may have sold a week or two ago, but then a similar house in the same area a week or two later may have fetched an additional 40-50K. You were competing against 15-20 other people and bids were inflated to ridiculous levels. In many cases, offers were also being submitted without conditions to protect the buyer.  It was a nightmare and one I am glad to say is over.

During the insanity, the bank of Canada decided to get involved to calm things down (while the media simultaneously…

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Happy New Year!

Have you set any New Year's Resolutions for 2023? It can be difficult to stick to one thing for the entire year, but setting goals for yourself and checking in on them is a great way to motivate yourself to achieve something new. Maybe this year instead of one resolution for the entire year, you can start smaller. Set one goal for the month of January and then check in on how it went and build on that goal in February. Or start even smaller with working on one small habit at a time.
Our team is putting this into practice this week by sitting down with our broker, Chris Perkins to talk about our goals for the year. Looking back on 2022, we're so proud of all of the relationships we built with our team, other professionals, local…

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