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Real Estate and Mortgage News

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DateHeadline/Summary
Jan 05 New RAHB Residential Average Sale Price Record to End 2021
(Jan 5, 2022 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 811 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in December 2021. Sales decreased by 32 per cent since last month, and they were down 11 per cent since December 2020. New listings fell by nearly 50 per cent since last month and they were also down six per cent since last December. The average price for residential properties was $931,787 which was an increase of two per cent from last month compared to an increase of 27 per cent from December 2020. The inventory available dropped even further to 0.4 months of inventory. .
Dec 02 Supply Continues to Drop in November
(Dec 2, 2021 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,199 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in November 2021. Sales decreased by nearly ten per cent since last month, and they were down three per cent since November 2020. New listings also decreased by ten per cent since last month and they were also down three per cent since last November. The average price for residential properties was $911,673 which was a decrease of one per cent from last month compared to an increase of nearly 27 per cent from November 2020. The inventory available dropped even further to 0.5 months of inventory.
Nov 03 Home Prices Soar in RAHB Market Area
(Nov 3, 2021 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,329 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in October 2021. Sales increased eight per cent since last month, and they were down nearly 18 per cent since October 2020. New listings decreased by nine per cent since last month and they were down 23 per cent since last October. The average price for residential properties was $922,297 which was an increase of nearly five per cent from last month compared to an increase of 27 per cent from October 2020. The inventory available dropped even further to 0.6 months of inventory.
Oct 04 Demand Continues to Outpace Supply in RAHB Market Area
(Oct 4, 2021 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,226 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in September 2021. Sales increased two per cent since last month, and they were down nearly 30 per cent since September 2020. New listings increased by 14 per cent since last month and they were down 26 per cent since last September. The average price for residential properties was $881,656 which was an increase of nearly five per cent from last month compared to an increase of 22 per cent from September 2020. The inventory available remained unchanged from August 2021 at 0.8 months of inventory.
Sep 02 RAHB Market Area Sees Record Lows for Inventory
(Sep 2, 2021 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,201 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in August 2021. Sales were down five per cent since last month, and they were also down five per cent since August 2020. New listings were down nine per cent since last month and down 15 per cent since last August. The average price for residential properties was $839,881 which was a decrease of nearly one per cent from last month compared to an increase of nearly 21 per cent from August 2020. The inventory available remained unchanged from July 2021 at 0.8 months of inventory.
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What Clients Say…

Laurence is an absolute joy to work with; she is extremely knowledgeable, pleasant, full of energy, and dedicated to getting the job done. She managed to make everything to do with selling our home seemed almost effortless. I can't imagine selling our home without her! — Shelley M.
Laurence worked diligently at following up with each person who viewed the property... always available to let me know what kind of feedback she was receiving. — Stephanie B.
You always were there, available, and kept in contact with us when needed. You were self-motivated with an unbelievable amount of drive. — John & Rose-Anne P.
You are at the top of your class. I don't know of anyone that works as diligently at selling a property as you do! You have such an admirable work ethic and I have seen first hand how dedicated you are to your clients. — Dianna D.
The process of selling our house and purchasing another was made painless and exciting by you. Your tactful negotiation skills were invaluable in purchasing our dream home. — Maria & Jean-Michel B.
You were prompt, energetic, thorough and always had our best interest in mind. Selling our home for full asking price in just 19 days and finding a new one in less than a week is a true testament to your relentless commitment to excellence. — Angelo M.
I still think about it, it went so fast, I have a challenging work schedule, I needed a place fast and you came through and I trusted you. — Joseph D.
We are still amazed that it all happened so quickly and smoothly. You are an excellent listener, honest, reliable and caring. — Pina F & James A.
Just want to say thank you for your hard work and dedication in getting my home sold. You were very organized, professional and honest. It was a pleasure to work with you. — Gail A.
The best part of working with Laurence, besides her great skill of staging, was the fact that she made us feel like we were her only client even though we knew she was extremely busy. Overall, it was a very pleasant experience. — Greg & Lindsey W.
The staging job that Laurence did was fantastic! We barely recognized the house when it was done. Laurence was bursting with energy and enthusiasm and remained positive, reassuring and confident throughout the whole process. We listed our home Tuesday morning and by Tuesday night it was sold!!! — Shelley M.
Laurence, did an amazing job of representing us and selling our home. She is a hard-working, dedicated, knowledgeable, highly professional, and passionate - Real Estate Agent! We highly recommend Laurence as an agent, home stager, and negotiator to anyone considering buying or selling a home. Jim & Judy N. — Jim N.
Laurence did a phenomenal job representing us both for the sale of our property and the purchase of our new home. She took the time to work closely with us to make sure she understood all of our needs and wants for both the sale and purchase. We were also very impressed with her detail-oriented focus, knowledge of the market, and the effort she put into making sure things went smoothly. Right from the start Laurence took the reins and we knew that we were in good hands. Thanks for everything Laurence! — Ron and Leslie Quinsay
We worked with Laurence when it was clearly a Sellers Market. Laurence was persistent and helped us find a home in an area unknown to us. Thanks to Laurence's expertise and proactive approach we were able to avoid a bidding war and we got a great home for our family. We enjoyed working with Laurence, every step of the way. — Andrea B & Stephen M
Nous avons fait affaire avec Laurence alors que le marché était nettement favorable aux vendeurs. Laurence a été persistante et nous a aidés à trouver un domicile à notre goût dans un secteur qui ne nous était pas familier. Grâce à l’expertise et l’approche proactive de Laurence, nous avons pu éviter une guerre d’enchères et devenir propriétaires d’une maison exceptionnelle pour notre famille. Ce fut un plaisir de faire affaire avec Laurence du début à la fin du processus. — Andrea B & Stephen M
When my wife and I bought our first home together, Laurence was instrumental in finding the right home of us. Laurence will take the time to listen to your needs, and understand your situation. She works tirelessly to comb though your desired area, finding gems that best suit YOU, your budget, needs, and wishes. She is very professional, organized, and well connected within the community, all of which is very much to the client's benefit. Above all, she is a really easy person to get along with and will make the often stressful and overwhelming process of home buying, painless and exciting! I highly recommend Laurence Mongeau for your real estate needs! — Alex & Teresa H
Nous recherchions un courtier immobilier afin d’acheter une maison en Ontario. Une amie nous a donc recommandé de contacter Laurence Mongeau. Très rapidement, il y a eu un premier contact par courriel et ensuite par Skype. Nous avons vite constaté que Laurence possédait les qualités professionnelles que nous recherchions. En effet, Laurence : - Offre un excellent service à la clientèle; - Apprend à connaître ses clients et repère vite leur besoin réel; - Est parfaitement bien organisée; - Met un point d’honneur à obtenir le meilleur rapport qualité/prix pour ses clients; - Assure une totale transparence et donc priorise la communication avec ses clients; - Maîtrise bien le français et la culture francophone; - Offre une très large disponibilité pour ses clients; - Possède un réseau de contacts professionnels (inspecteurs, collaborateurs courtiers, etc) très compétents dans leur domaine; - Est très à l’aise avec les nouvelles technologies. C’est donc pour toutes ces raisons qu’à notre tour, nous vous recommandons très chaudement d’utiliser les services de Laurence Mongeau. Nous sommes certains que vous bénéficierez d’un service de haute qualité! Merci beaucoup Laurence pour l’excellent service que nous avons reçu! — Hélène P & Sébastien T
Laurence Mongeau treated us like family, guiding us to make this, the biggest purchase of our lives, the smartest move we ever made. We happened to be buying our first home during this crazy real estate boom, where list prices were only starting points in major bidding wars, and the inventory of homes available within our budget was limited. But Laurence handled these challenges with grace and professionalism, and kept us feeling positive throughout our search. We always felt we had options, and whatever house, whenever we asked, she got us a private showing. She accompanied us through every visit, and went in ALL the basements (even the scary ones!). She asked the tough questions, and got us the answers we needed. She warned us about potential problems, sharing her experience and knowledge with us, while pointing out the positives of each property without pressure. She always made us feel important, and that our search for the perfect home was her top priority. In the end, it was a very happy outcome. We purchased the perfect home for us, and we owe it all to Laurence. She was the one who found us our dream first home and it was her experience and strategy that helped us "win" it! And we truly feel like we did win, because we had the best agent in the biz on our side. Thanks, Laurence, you're number 1! Karina and Andrew J — Karina
Laurence is a real estate professional who truly cares about her clients and will always put their interests first. She gets results! I wouldn't hesitate to refer Laurence to anyone looking to buy or sell their home. — Lisa Pellerin
Laurence is personable, professional, and super organized. Her advice and support was invaluable throughout all the steps involved in selling my dad’s home as he transitioned into a retirement residence. In addition to prepping, and selling his home, there was a lifetime of belongings to deal with. Laurence provided assistance with all of it. She was prompt to respond to all inquiries and made it seem as though we were her only clients, although I know that was not the case. The house needed freshening up and she quickly was in touch with trades people and vendors to get tasks completed in short order - this level of assistance made all the difference at this challenging and sometimes overwhelming time in our lives.
Updated and staged the house resulting in a quick sale for well over list price. I can’t imagine accomplishing all this without Laurence. — Ellen D

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