Wow! August of 2020 was a "barn burner"! August is usually a sleeper month when many buyers and sellers are on vacation before the school year starts up again. We noticed a short lull of activity at the beginning of August but the rest of the month made up for it.

Increased buyer activity creates upward pressure on prices in REBGV

"The Real Estate Bo...

 

July 2020 continued on the same trend as the previous month as the pent-up buying and selling demand continued and accelerated the strong market activity. We have noticed a slight decrease in activity over the month of August over the previous weeks. It is probably due to many people taking advantage of the last weeks of summer to go out of town or...

 

2020 is certainly the year of surprises. As a wise man said who was asked what his New Year's Resolution is for this year: "To survive 2020."

The cork finally popped which was holding back all the pent-up buying demand in the market. As usual, though, the best prepared and best-priced properties are being sold in multiple offers, much as we have se...

 

The month of May brought considerably more activity compared to a justifiably quiet April. Because of the sparse selection, the smaller number of buyers in the marketplace were still competing over the best listings which helped to keep the prices high.

During the pandemic, sellers had the difficult choice of whether they wanted to open their doors...

Our apologies for missing last month's statistics. You can find the infographics for March at the bottom of this email.

The change in the market was notable after the first week of March when the steady home buyer demand started to level off over the concerns about COVID-19. Now, with another month behind us, there is no surprise that with the COVID...