59 - Friday, October 23, 1987 ~ North Shore News

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Winter home shopping | A FINE LIFESTYLE INSIDE
can reap big benefits

IF YOU'RE one of the
thousands of Canadians
considering buying or selling
a home within the next year,
you may be overlooking a
unique opportunity in the
real estate market — the
winter selling season.

The reason it’s unique is
because the majority of
people don’t know it exists.
In reality, nothing could be
further from the truth.

**We find a lot of people
assume there is no market
for their homes between Oc-
tober and May but that sim-
ply isn’t the case,’’ explained
Dick Burnham, director of
communications for Realty
World - Canada,

Throughout Canada, the
most common time for peo-
ple to consider buying or
selling property is the sum-
mer. With the children out
of school and the weather at
its most temperate, the con-
ditions are right for most

customers.

But the winter period has
its own set of special
benefits.

“For the buyer, shopping
during the winter means
there are a lot fewer people
looking. This means you can
avoid having to go shoulder
to shoulder with a whole
flock of other buyers which
allows you to look more
carefully and closely and at a
more leisurely pace,’’ said
Burnham.

“Plus you and your real-
tor can spend more time
working on your individual
tequirements,’’ said Bur-
nham.

In some cases, shopping
during the winter can also
deliver greater value. With
less buyers, the upward
pressure on prices caused by
a crowded market is reduc-
ed, meaning there is less
chance of becoming em-
broiled in bidding wars that

often drive prices up.

There are also very
significant benefits for
home-sellers as well.

“Because a lot of people
think there is no winter
market they stop listing their
homes in October,’’ explain-
ed Burnham. ‘This means
those that keep their homes
on the market can also
benefit from less competi-
tion. This helps the price
remain stable und increases
the interest in those proper-
ties which remain listed.’

Other benefits include
having the children back in
schoo! which makes shopp-
ing easier both for parents
and for peopic showing their
homes.

“Overall it makes a
tremendous amount of sense
to buy or sell property dur-
ing the winter. All our real-
tors think it is one of the
best times to deal in real
estate.””

Realty World enjoys record year

REALTY WORLD-Canada
is headed for a record year,
president Harold L. Waddell
anneunced at the company's
annual convention held
recently.

“If you have a job without
agqgravations,

a job.”

A generally strong Cana-
dian economy accounts for
some of the growth, he said.
“But most is the result of
expansion of the Realty
World system coast-to-coast.

WALL STREET
1984 - 1987
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well,’’ he said.

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