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    105-3027 Harvester Road
    Burlington, ON  L7N 3G7
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Real Estate and Mortgage News

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DateHeadline/Summary
Apr 02 COVID-19 affects RAHB market area in March and REALTORS® work virtually to slow the spread
(Apr 2, 2020 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,098 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in March 2020. Sales are up 10 per cent over last month, but down 3.1 per cent over March 2019. The average price for residential properties increased to $658,161, which is up 1.8 per cent from last month and up 14.5 per cent from the same month last year. "January and February saw increases in sales and new listings, as well as average price. For March there was growth at the beginning of the month; however, COVID-19 infiltrated our communities mid-month and slowed activity in the latter half," says RAHB President Kathy Della-Nebbia. "Our REALTORS® work to be a part of the solution in the fight to flatten the curve, all the while servicing clients who are in great need of their assistance. We are seeing the impact on our market activity and expect to continue to see a slowing of the market as our communities focus on this unprecedented fight."
Mar 03 RAHB market continues upward momentum in February
(Mar 3, 2020 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 998 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in February 2020. Sales are up 30 per cent over last month and up 25.5 per cent over February 2019. The average price for residential properties increased to $646,667, which is up 4.5 per cent from last month and up 15.5 per cent from the same month last year. "The RAHB market is quite active with a significant increase in number of sales compared to last month and last year. We experienced similar activity at the beginning of 2016, which was one of our busiest markets on record," says RAHB President Kathy Della-Nebbia. "With the increases in average price and new listings, overall we are firmly in a seller's market; however, there is greater demand at certain price points - such as below $600,000."
Feb 04 RAHB market bounces back after slow December
(Feb 4, 2020 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 692 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in January 2020. Sales are up 5 per cent over the same month last year, and up 18.3 per cent over December 2019. The average price for residential properties increased by 11.9 per cent from January 2019 to $617,496. "Our market area experienced a reduction in activity and average price in December, as is the case for that typically slower month; however, we bounced back in January," says RAHB President Kathy Della-Nebbia. "Buyers seem to be coming out early, so sellers shouldn't feel the need to wait for the spring market to get a great value for their property. We expect the spring market will be strong with more competition between sellers, as many wait for the flowers to bloom to market their homes."
Jan 16 RAHB REALTORS® Release 2019 Year-End Statistics: A Modest Sellers' Market
(Jan 16, 2020 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 12,866 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in 2019. This is 10.1 per cent more sales than in 2018. The average price of a residential property in 2019 was $587,745. This is up 4.9 per cent from 2018, and 95.3 per cent higher from 10 years ago. New residential listings were down 4 per cent compared to the previous year. "The RAHB residential market has balanced out from the high activity experienced in 2016 and 2017; however, increases in average price and number of sales, paired with a decrease in new listings, indicates that 2019 favoured sellers more than in 2018," says RAHB CEO Carol Ann Burrell. "Buyers in 2019 were able to take more time to find their preferred, and in many cases more affordable, property compared to previous years, and so the sellers' market was not as noticeable."
Jan 03 RAHB REALTORS® Release December 2019 Statistics
(Jan 3, 2020 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 585 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in December 2019. This years December sales are up 3.9 per cent over December 2018; however, are down from both November and October of this year. The average price for residential properties increased by 7.6 per cent from December 2018 to $581,566. "With the holidays and cold weather, sales tend to dip in December when compared to the previous months. It's a trend we see almost every year," says RAHB President Kathy Della-Nebbia. "A decrease in new listings and an increase in sales can equal less inventory on the market. With increased competition for the properties available, this looks to be an opportune time to sell your property."
Dec 03 RAHB REALTORS® Release November 2019 Statistics
(Dec 3, 2019 - Hamilton, Ontario) The REALTORS® Association of Hamilton-Burlington (RAHB) reported 955 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in November 2019. November sales are down from October and September, but up from November 2018 by 5.5 per cent. The average price for residential properties increased by 5.6 per cent from November 2018 to $591,334. "As we near the end of the fall market for 2019, the number of sales and the average price within the RAHB market area are down from the previous month, but up from November of last year," says RAHB President, Bob Van de Vrande. "This decrease in listings and a higher ratio of solds to listings indicate that the market is currently an opportune time for sellers to consider listing."
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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

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