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How will you know a good house when you see it? What if you buy a house and can't sell the one you own? How can you make sure you are making a good investment? What if you think you paid too much and home prices drop? After years of hefty home-price appreciations, it's natural to wonder how long the good times will last. Real estate markets are cyclical: prices go up
Happy Father`s Day to all dads out there. May June 19th be a special family filled day for you. Transitions can be challenging. Case in point is this year`s transition from winter like weather to summer like weather with 30 degree temperatures. What happened to Spring? The real estate market is transitioning as well. The trend was established in 2015 and is continuing this year. Month over month sales figures for the London and area real estate market have been at or near record levels. May 2016 was the second best ever recorded, a few homes short of the May 2007 record. Meanwhile, fewer and fewer homes are being offered for sale resulting in a lower level of overall inventory on the local housing market. At the end of May there were nearly