Port Elgin Real Estate, Southampton (Saugeen Shores), Paisley, Tiverton, & Kincardine
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Port Elgin and Area Real Estate News
Updates on the Port Elgin, Southampton (Saugeen Shores), Paisley, Tiverton, & Kincardine real estate market, home buyer & seller tips and general real estate advice.
Homes sales down compared to same time last year.
Residential sales activity in the geographical area covered by the REALTORS® Association of Grey Bruce Owen Sound totaled 301 units in May 2019.
This was down 9.3% from May 2018 but stood not far off the 10-year average for that month.
On a year-to-date basis, home sales totalled 981 units over the first five months of the year, a decrease of 12.3% from the same period in 2018.
The average price of homes sold in May 2019 was $381,874, up 8.8% from May 2018. The more comprehensive year-to-date average price was $370,661, up a similar 8.6% from the first five months of 2018.
New residential listings in the region numbered 493 units in May 2019, a decrease of 10.5% on a year-over-year basis. Overall supply remains stuck at record lows. Active residential listings numbered 926 units at the end of May, up a slight 1.6% (15 listings) from the end of May 2018 but less than half the long-term average of over 2,000 listings for this time of the year.
Months of inventory numbered just 3.1 at the end of May 2019, up a bit from the 2.7 months recorded at the end of May 2018 but well below the long-run average of 9.1 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
The dollar value of all home sales in May 2019 was $114.9 million, edging down 1.3% from the same month in 2018. Sales of all property types numbered 373 units in May 2019, down 5.1% from May 2018. The total value of all properties sold was $140.8 million, up 8.4% from May 2018.
Here are a few tell-tale signs to help you recognize tall tales!
One of the most effective ways to determine whether or not someone’s lying is to examine their body language and speech patterns. Here are a few tips that’ll help turn you into a human lie detector:
- Um, Err – Liars often mispronounce words, stutter or sniff due to nervous tension.
- Tick Tock – Deceptive answers usually take longer to formulate than truthful ones.
- Cover Up – Covering the mouth and rubbing the nose and eyes can indicate untruthfulness.
- Pivoting – Liars welcome a change in conversation resulting in their body language becoming more relaxed.
- Fade Away – Their body will start to scrunch up as if they’re trying to fade away and any movement will be stiff and limited.
- Pick Pocket – Showing palms is a sign of honesty so people who are fibbing will often put their hands in their pockets and fidget.
- Look at Me – Liars usually avoid eye contact while seasoned pros will overcompensate and maintain deliberate eye contact.
Detecting deceit isn’t always easy as some people are better liars than others. Asking questions can help determine whether or not someone’s lying as it’s difficult to fabricate specific details on the spot. A single tell may mean nothing but when combined together, chances are they’re hiding something.
It’s not just your closets that could do with a good spring clean!
Whether you’re on Facebook, Twitter or Instagram, it’s good to get in the habit of performing regular maintenance on your accounts. The following tips will help you clean out the digital cobwebs:
- Safe & Secure – Change your passwords and beef up security settings.
- Perfect Privacy – Review your privacy settings and adjust if necessary.
- Hack Attack – Back up your Facebook page in case your account gets hacked.
- Clear the Clutter – Unfollow or unfriend those you no longer keep in touch with.
- Lock Down – Update the recovery details that are associated with each account.
While you’re in clean-up mode, go through your phone and delete any apps you no longer use. Most apps require access to your personal details so the fewer you have, the more privacy you’ll gain.
If you’re thinking of selling your Port Elgin home, springtime’s the perfect time!
Home sales usually surge come springtime as the fresh, sunny weather encourages people to fix up their homes and check out what else is on the market. Here are a few ways to take advantage of spring fever:
- Flower Power – Place a few vases of fresh cut flowers throughout your home.
- Clutter Control – Decide what needs to be tossed out and what can be donated.
- Spring Fling – Once you’ve decluttered, freshen up your home with a thorough spring clean.
- Wide Open – Clean and then open your windows so the sun shines in and fresh spring air flows throughout your home.
- Refresh Your Nest – Inject vitality into your space by swapping out couch cushions, throws and towels with shades and fabrics that reflect the spring season.
- Outdoor Living – Families are entertaining more at home than ever before so extend your inside space outdoors with comfortable seating and ambient lighting.
- Curb Appeal – The spring naturally highlights your yard’s best features so prune trees, trim shrubs, rake the grass and add flower pots around the front door.
If you plan on putting your Port Elgin home on the market, use the spring season to highlight its best features so it stands out from the competition. You only have one chance to make a great first impression, so clear out the cobwebs and make your home spring fresh!