Real Estate News

New Tecumseth Monthly Market Update - December, 2022

New Tecumseth Monthly Market Update - December, 2022

▪️ “There are three kinds of lies: lies, damned lies, and statistics.” Mark Twain

▪️The next few months are going to be very dramatic when we talk about sales statistics *when compared to the year before*! The first few months of 2022 were the HOTTEST EVER! No current numbers will have any chance when being compared to last year. You’ve been warned!

▪️ “Buy and re-fi” will be the story for 2023. Buy now, and refinance your new mortgage in 2024. It will be expensive for a year, but it will hopefully get more affordable in the future with lower interest rates.

▪️So does that means, in this depressed, almost bottom market, it’s a good time to buy? I think so! There are some very attractive prices out there!

▪️I have been tracking and sharing weekly sales statistic on my social media and blog because things are changing so quickly. Please follow me.

▪️Please reach out if I can help in any way. I’m here to serve!

Weekly Snapshot- December, 2022

Year- Over- Year- December, 2022

13 Month Update- December, 2022

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Brian Lafazanos
Brian Lafazanos
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