NOVEMBER IS NATIONAL DIABETES AWARENESS MONTH
And Your Referrals Help Support People Living With Type 1 Diabetes
We have a special connection to Juvenile Diabetes...Our Team Member Brandy and her husband (my brother Tom!) have a daughter with type 1 Diabetes. We have seen first hand how challenging it can be for a child faced with this disease to live a normal, healthy life. That is why we have chosen The Juvenile Diabetes Research Foundation as a charity we support all year long. They've been a big help to my Brother and Brandy's family, and do amazing work for people of all ages living with Type 1. We hold several fundraisers and events throughout the year, and we just held our Night Of Comedy at Yuk Yuk's. I want to thank everyone who came and supported this great cause. We raised another $1500.00 towards our $6000.00 annual goal! We also raise money all year long with our Referral Club! For every referral we receive, we donate $100.00 to JDRF on your behalf. So, if you know anyone who is looking to buy or sell, let us know! Not only will we be able to take great care of your friends and family, but you will be supporting a great cause. Your referrals really do help those who need it most!. To help us reach our goal, you can refer your friends and family by calling us at 403 207 1748, emailing email@example.com, or going to www.krgroupreferrals.ca, and fill out the referral form!
Also, go to www.JDRF.ca to check out the amazing job they do for people living with Juvenile Diabetes!
New Mortgage Lending In Canada Sees Dollar Growth Boom
And it got a lot of looks from people. We break down what it means for Calgary in our blog with our Mortgage specialist Danielle Di Marco. You can check it out at krgroupnews.ca. Here is the article (Courtesy of Better Dwelling)....
Canadian mortgage lenders are seeing business pick up – and fast. Bank of Canada (BoC) data shows funds advanced for new mortgages made a big double digit leap in August. The rise in funds is still weighed down by a weak first half of the year, but lending is improving.
New Mortgage Lending Was Up Over 23% In August - Canadian mortgage lenders lent a lot for new mortgages. Lenders advanced $42.98 billion in funds in August, up 23.52% from last year. Insured mortgages represent $11.09 billion of the total, and is up 12% compared to last year. Uninsured mortgages represent the other $31.89 billion, which is up 28% compared to last year. Both segments made big increases, but uninsured mortgages are growing twice as fast.
Canadian New Mortgage Lending - The 12-month pace of growth is down from the month before, but still made a big increase. The 23.52% growth in August is the largest increase for the month, over at least 5 years. The beginning of the year started off weak, so this year’s numbers still aren’t that impressive. This becomes much more clear, when looking at the moving average.
A Weak First Half To The Year Makes Growth Less Impressive - The simple moving average (SMA) for new mortgage lending is higher, but not by an impressive amount. The 12-month SMA is $31.30 in August, up 2.24% compared to the same period a year before. A weak first-half to the year likely contributed to a later demand squeeze. Not to discount the growth, which is still there. It just doesn’t look like a boom, like the straight year-over-year read does.
Canadian New Mortgage Lending – Canadians are back to borrowing for new mortgages, but it’s still too early to call it a new trend. The first two months printed very large, unadjusted increases year-over-year. The 12-month SMA is also now higher than the same period a year ago. However, this is only two months unadjusted, and one month as a 12-month SMA to show growth.
How To Sell A Home that didn't Sell
If your home has just come off the market and hasn’t sold, don’t be discouraged. The reason it didn’t sell may have nothing to do with your home or the market. If your listing has expired and you still want results, before you put your home back on the market, take a step back and review your situation. There are 4 Big Things that go into selling a home...
Q. Where should you begin?
A. Start by making a commitment to do what it takes to market your house to get it sold. With the right system, the home sale you want is still well within reach.
Q. Why didn’t your home sell?
A. Review your previous selling plan and you’ll discover that an expired listing usually re- flects a problem in one or more of these four major areas:
- Condition of Your Home,
Why Don’t Some Houses Sell?
4 Important Points That Will Get Your House Sold!
Your home is a major financial investment, and your relationship with your Realtor® should be a full partnership where your needs and wishes are heard, and you receive detailed and dependable feedback on the progress of your sale. Your agent has a responsibility to source this feedback from the agents who have shown your home, and to communicate this to you so together you can make the right decisions about what to do next. How well did this occur the last time you had your home up for sale?
Did price work for or against you? The “right” price depends on market conditions, competition and the condition of your home. Pricing it too high is as dangerous as pricing it too low. If your home doesn’t compare favorably with others in the price range you’ve set, you won’t be taken seriously by prospects or agents.
You’ll get the facts when you see the statistics!
HOT TIP! Every Seller Can Boost a Property’s Exposure!
- Make your house easy to show.
- Consider installing a lock box.
- Allow showing times that are convenient to buyers.
- Use a “For Sale” sign, where permitted.
- Create a Good First Impression by depersonalizing furnishings and decor so prospects can visualize themselves in your home, emphasizing curb appeal, and keeping large pets at a distance.
Remember — The next prospects who visit your home may be your buyers — be ready for them!
To help you to establish a realistic selling price for your home, ask your agent to provide you with an up-to-date competitive market analysis to give you:
- a review of comparable homes recently sold or currently for sale,
- an idea of how long other homes have been listed, in order to calculate an average time in which a home can sell in today’s market,
- a review of homes whose listings have expired, to understand what issues were at play.
Note: There is no mention of how much you paid for your home or its improvements. Like any other investment, the market value is determined by what a willing buyer will pay and a willing seller will accept.
3. Condition Of Your Home
Is your house someone else’s idea of a dream home? When buyers enter are they inspired? Do they think, “I love this house!” Remember, the decision to buy a home is based on emotion, not logic. A house in move-in condition invites a sale.
You need to consider:
- fixing all the little squeaks and cracks
- keeping it clean for all showings
- making it uncluttered
- brightening it up
- what your home shows like from the street concentrating on outside curb appeal.
Plus — Consider taking care of major items, such having your home painted. Offering an allowance to your prospective buyers, so they can have painting completed is not the same as having done it for them. Now, as they’re trying to imagine what that new paint job will look like, they may also be discounting the price even further because of the less-than- perfect look of those walls.
Remember…A house that presents well, sells for the best price because it outshines the competition.
* Ask your agent if they can arrange a no-obligation inspection of your home to help you assess the above.*
Marketing Your Home To Sell! Some Questions You Should Be Asking!One of the first steps in your marketing plan involves finding an agent who will best repre- sent you. When interviewing agents, test and compare their knowledge and ask each to demonstrate how they will market your home to buyers. Compare, too, how much money each spends on advertising the homes s/he lists, in what media (newspaper, magazine, etc.) and the effectiveness of one medium over the other. Remember, it’s not just how much they spend, but how they spend it. Say goodbye to any real estate agents using old, traditional methods to sell your home because they don’t work in today’s market! To be competitive in today’s marketplace, agents who use new and innovative, nontraditional marketing ap- proaches are the ones who are getting more homes sold fast and for top dollar.
HOT TIP! Get the Best Results!
To get the best results when selling your home, you need to team up with your agent to develop a powerful marketing plan that exposes your property to the widest possible pool of prospective buyers.
Not all agents are the same. The relationship between you and your agent can make the difference between selling your home fast, or not selling it all.