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Everyone is talking about Hamilton Real ESTATE!

The Hamilton Market is Hot Hot HOT! Is it too late to get into the Hamilton Real Estate Market? Call our Hamilton Line for More Info 905-296-2888. 

Everyone is talking about Hamilton Real ESTATE!   The hot market in Hamilton means that increased demand makes finding discounts on price more challenging, that paying close to full price is the norm, and often multiple offers are creating sales over asking price, but this is just the cost of admission for accessing a hot appreciating market like Hamilton.

 Housing prices in Hamilton rose an average of six per cent in 2014, reminiscent of the kinds of sales and price activity more typical of TorontoVancouver and Calgary. 

The Canadian Real Estate Association’s figures for November 2014 showed a year-over-year percentage change of eight per cent, from an average price of $368,947 in November 2013 to an average price of $398,590 one year later.

 

Only two or three years ago, McCarroll said, investors were wondering whether Hamilton was the best choice for investment. Much has changed in the ensuing years.

Hamilton has a wide spread of housing stock from $140,000 to $400,000,” he added. “Identifying transition areas is the key to long-term success when investing in hot markets like Hamilton. These key transition areas are where new and experienced investors can take advantage of greater appreciation and good rents.

“A report like TD's deals with averages across the city, but a smart investor would be buying in areas that are in a specific neighbourhood that will transition upwards in value and is going to perform better than the average.” 

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Thinking of Buying in Hamilton? Let us help you find the perfect neighbourhood!
Call our Hamilton Real Estate Specialists 905-296-2888

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