Selling
Offering a property for sale is an important step and it is crucial that you have a strong hand so the transaction can be a winning one. Équipe Emmanuelle Beaudet offers you dynamic and efficient marketing:
- A personalized approach responsive to your needs;
- In-depth knowledge of the real estate market and sector;
- Relevant marketing;
- Management of your file and of the stakeholders in the transaction, up to the signing of the notarized deed.
We always draw up in clear and concise language the specifications of the properties and bring out their strong points. We also make use of photographs of the interiors that will pique the interest of potential buyers.
Buying
Finding the ideal home is an exciting endeavour requiring much energy. The real estate professionals at Équipe Emmanuelle Beaudet can:
- Identify your needs and research criteria;
- Schedule visits of properties meeting these criteria/needs
- Set up visits of properties meeting these criteria;
- Select a property; Prepare and write up an offer to purchase;
- Design a negotiation strategy;
- Design a financial plan;
- Coordinate inspection and ensure that various conditions contained in the offer to purchase are met;
- Assist in and attend the signing of the deed.
Get in touch with Emmanuelle Beaudet in order to find out about our services and the advantages of dealing with us. We didn't answer all of your questions? Contact us and it will be our pleasure to answer them.
Factors That Explain Property Price Changes in Québec - 27 February 2012
"Property prices are influenced by several factors. Among these factors, three are considered fundamental: income, demographics and interest rates. We measured the effect of these three variables on the evolution of property prices and we are now presenting our main findings.There has been a solid increase in property prices in Québec in the last thirty years, and the period between 2000 and 2010 was exceptionally prosperous. Between the fourth quarter of 1980 and the fourth quarter of 2011, the average price of properties in Québec, all property categories combined, increased by 422 per cent, while inflation only rose by 163 per cent. As a result, the average property price in Québec almost doubled in real terms during this period."
"However, price changes were far from uniform throughout this period. In chart 1, we can identify periods of moderate price growth, price decreases, stability and strong growth. What underlying factors explain these changes in price trends?" Please click here to read full article with its graphs.
From "A word from the Economist", February 2012, Fédération des chambres immobilières du Québec (FCIQ).
Griffintown - 19 January 2012
"Le secteur Griffintown jouit présentement d'un intérêt sans précédent de la part des promoteurs immobiliers. Plus d'une vingtaine de projets immobiliers privés sont actuellement à divers stades d'analyse et d'encadrement par l'arrondissement du Sud-Ouest. Répartis sur l'ensemble du secteur, ces projets pourraient, à terme, représenter plus de 7 000 nouveaux logements et plus de 150 000 mètres carrés de superficie de plancher commerciale ou de bureau.
L'ensemble de ces projets, combiné à la localisation stratégique du secteur à proximité immédiate du centre des affaires et du canal de Lachine, requièrent l'établissement d'une vision cohérente de mise en valeur reflétant aussi les intérêts d'une multitude de parties intéressées.
Cette vision doit également s'inscrire en continuité des orientations retenues pour les projets ayant déjà fait l'objet d'une consultation publique (PPU Griffintown - Secteur Peel-Welllington, Bassins du Nouveau Havre et Quartier Bonaventure)."
Plus d'informations sur http://ocpm.qc.ca/griffintown
October: Best Month Since the Start of the Year for Existing-Home Sales - 14 November 2011
Île-des-Sœurs, November 8, 2011 – MLS® sales in the MontréalMetropolitan Area increased by 7 per cent in October 2011 compared to October 2010, according to the Greater Montréal Real Estate Board (GMREB). This was the largest increase in existing-home sales since the start of the year.
“It’s a good time to buy a property,” said Diane Ménard, Vice-President of the GMREB Board of Directors. “Mortgage rates are still low and the inventory of properties available on the market is increasing, which gives buyers more choice. Consumers are also taking a bit more time to buy, as shown by market conditions which are now balanced in many areas,” she added.
All five of the main geographic areas registered an increase in sales, except for the South Shore. Laval led the way with a 12 per cent increase, followed closely by the Island of Montréal and the North Shore, which posted respective increases of 10 and 9 per cent. Sales in Vaudreuil-Soulanges grew by 4 per cent while sales on the South Shore fell again, decreasing by 2 per cent compared to October 2010.
For a sixth consecutive month, there was a marked increase in condominium sales, which grew by 13 per cent in October 2011 compared to October 2010. Sales of single-family homes increased by 5 per cent, while plex sales grew by 6 per cent.
As for prices, plexes took the lead with an 8 per cent increase in median price compared to October 2010, reaching $410,000. The median price of condominiums increased by 5 per cent to reach $228,900, while that of single-family homes increased by 3 per cent to reach $268,000. For single-family homes, this was the smallest increase since September 2010.
The number of active listings in the entire Montréal Metropolitan Area increased by 15 per cent in October 2011 compared to October 2010. This was the 14th consecutive monthly increase, but was smaller than those registered in past months. The number of properties for sale increased by 13 per cent on the Island of Montréal, by 14 per cent on the North Shore, by 24 per cent on the South Shore and by 20 per cent in Vaudreuil-Soulanges.
In terms of property categories, plexes posted the largest increase in the number of active listings at 19 per cent. Condominiums followed closely with an 18 per cent increase, while the number of single-family homes listed on the MLS® system increased by 13 per cent compared to October 2010.
(Source: Greater Montréal Real Estate Board)
Full article here: http://cigm.qc.ca/en/nouvelles_comm.aspx?id=675
Condominiums Were Big Winners Again in August 2011 - 15 September 2011
MLS® sales in the Montréal Metropolitan Area increased by 5 per cent in August 2011 compared to August 2010, according to the Greater Montréal Real Estate Board (GMREB). This third consecutive increase in sales in the Montréal area was primarily due to the vitality of condominium sales, which increased by 9 per cent in August.
“Condominium sales increased in all areas of Greater Montréal,” said Diane Ménard, Vice-President of the GMREB Board of Directors. “The undeniable popularity of condominiums continues to grow, as evidenced by the results of the past four months,” she added.
Condominium sales increased in all geographic areas, but Laval took the lead with a 33 per cent increase compared to August of 2010. Single-family homes also performed well in Greater Montréal, as sales grew by 4 per cent, while plex sales decreased slightly by 1 per cent compared to August of last year.In terms of prices, the median price of condominiums reached $228,761 in the Montréal Metropolitan Area, a 6 per cent increase compared to last August. The median price of single-family homes also grew by 6 per cent to reach $270,000, while that of plexes increased by 3 per cent to reach $405,000.
The number of active listings in the Montréal Metropolitan Area increased by 17 per cent compared to August 2010. This increase is slightly smaller than those registered in July, June and May 2011. For a fifth consecutive month, the South Shore stood out for posting the largest increase in number of active listings, but increases were posted in all other geographic areas. In terms of property categories, plex (+ 22 per cent) and condominium (+ 23 per cent) listings had the largest jumps in August.
From CIGM press release on September 14, 2011.
Full article with graph and tables here.
The Importance of Tracking Consumer Confidence - 3 June 2011
"The vitality of the residential real estate market is influenced by three main factors: 1) performance of the labour market; 2) changes in mortgage rates; and 3) consumer confidence. This last factor reflects consumers’ perceptions about current and future economic conditions. In Canada, the Conference Board of Canada publishes an index that measures these perceptions using a monthly survey among households from different provinces across the country. The survey consists of four questions regarding households’ views about the labour market, their personal finances and their feelings about making a major purchase. This last aspect is particularly relevant for forecasting the evolution of the real estate market, as households are asked to answer the following question: “In your opinion, is now a good time to make a major purchase, such as a home?”. Here, we are interested in the proportion of households that responded affirmatively to this question. For example, in April 2011, 52 per cent of Québec households felt that it was a good time to make a major purchase, while in the last recession this proportion had fallen to less than 25 per cent."
Part of the article published by the Market Analysis Department of the QFREB in May, 2011.
L’équipe Emmanuelle Beaudet soutient le projet « Un Cerf-volant DANS MA COUR » de l’École St-Joseph - 7 April 2011
Un projet d’aménagement et de verdissement de la cour. Un projet précieux permettant de créer un véritable espace extérieur multidisciplinaire.
Notre équipe fait donc appel à votre générosité pour obtenir l’argent nécessaire à la réalisation de ce projet.
440 ENFANTS en profiteront grâce à vous!
Un espace JEUX POUR TOUS
Un espace CRÉATION
Un espace JARDIN
Un espace SPORT
Pour vous remercier de votre contribution, le programme de reconnaissance prévoit un tableau des donateurs et un événement inaugural de la nouvelle cour !
Faites parvenir directement votre don* au :
Projet « Un cerf-volant DANS MA COUR »
Ecole Saint-Joseph
4080, rue De Lorimier,
Montréal (Québec)
H2K 3X7
Ou téléphoner à Marc Tremblay, directeur général de l’École St-Joseph, au 514.526.8288
*Un reçu de charité sera émis pour tous les dons de plus de 25 $.
The Year 2010 Ends on a Positive Note - 21 January 2011
MLS® sales in the Montréal Metropolitan Area increased by 1 per cent in 2010 compared to 2009, with a total of 42,347 transactions, according to the Greater Montréal Real Estate Board, making 2010 the second best year on record in sales.
“There were two distinct phases in 2010. The first four months of the year were very active as many consumers bought their properties earlier than planned in order to avoid a possible increase in mortgage rates. Then the real estate market began to slow downin the following months and posted eight consecutive monthly sales decreases,” said Diane Ménard, Vice-President of the GMREB Board of Directors. “However, the strongstart to 2010 compensated for the loss of momentum later on in the year, and the real estate market actually finished the year with a slightly higher number of transactions compared to 2009, but fewer transactions compared to the record set in 2007,” she added.
In terms of property categories, condominiums posted the largest increase in sales in 2010 and it was the only property category to register an increase in the Montréal area. The 12,668 condominiums sold surpassed by 7 per cent the previous record set in 2009. Sales of single-family homes and plexes remained relatively stable in 2010, decreasing slightly by 1 per cent compared to 2009.
Geographically, Laval and VaudreuilSoulanges registered the biggest increases in sales in 2010, as both areas posted a 4 per cent increase compared to 2009. The popularity of condominiums in these two areas contributed significantly to their strong performance, as condominium sales increased by 28 per cent in the Vaudreuil-Soulanges area and by 15 per cent in Laval. Strong condominium sales on the Island of Montréal (+7 per cent) and on the North Shore (+10 per cent) contributed to the vitality of these two areas, which ended the year with a 2 per cent increase in sales compared to 2009. The South Shore was the only area to register a decrease in sales compared to 2009, with a slight drop of 2 per cent.
“Condominiums were primarily responsible for the strong 2010 real estate market due undoubtedly to their affordability. It also leads us to believe that there were many firsttime buyers on the market in 2010, as this property category is most popular with firsttime buyers who also took advantage of low interest rates,” said Ms. Ménard.
As for prices, all three property categories finished the year with a higher median price than that of 2009. The median price of single-family homes increased by 7 per cent to reach $252,000, while that of condominiums increased by 8 per cent to reach $210,000 and that of plexes grew by 9 per cent to reach $380,000.
[...]
From Greater Montréal Real Estate Board Press Release, January 11, 2011.
Montreal real estate: still a market for - 2 December 2010
This means that there will be less than eight houses for sale for every buyer in the island of Montreal, Laval and South Shore, according to forecasts released yesterday by Canada Mortgage and Housing Corporation (CMHC) .
"It is expected that the ratios approach the equilibrium, but they will still remain in favor of sellers," said La Presse Affaires David L'Heureux, senior market analyst in the margins of a conference organized by CMHC.
According to the ratios used by industry, the housing market reaches equilibrium when there are between 8 and 10 properties for sale for every buyer. Below 8, the scarcity encourages vendors pushing prices upward. In contrast, buyers benefit from greater choice and bargaining power increased from 11.
In the segment of the single-family home, only the North Shore and Vaudreuil-Soulanges reach balance next year, CMHC advance. Laval, South Shore and the island of Montreal will continue to favor sellers. "Why? Because supply is increasing less rapidly than on the North Shore, "said Mr. L'Heureux.
Sellers of condominiums, meanwhile, continue to have the upper hand in the island of Montreal and the South Shore in 2011.Markets in Laval and the northern suburbs tend toward equilibrium.
The condominium prices continued their steady growth in the third quarter of 2010, CMHC said yesterday. They settled at $ 279 185 in Montreal Island (+10% yoy) to $ 200 373 in Laval (+9%) to $ 189 779 on the South Shore (+7%) and to $ 161 818 in the northern suburbs (+4%).
The value of single family homes has also exploded, although with significant variations by region. In the third quarter of this year, the average price reached $ 418 026 in Montreal Island (+10% yoy), $ 279 521 in Laval (+10%), $ 274 272 on the South Shore ( +7%) and $ 236 460 in the northern suburbs (+6%), which remains the industry's most affordable.
The increases will be more moderate next year, argues CMHC. For the entire metropolitan area, the average price - all housing categories confused - is expected to rise by 2.4%. This compares with an expected gain of 7% for the whole year.
The number of transactions is projected to almost stagnate. CMHC expects 42,600 resales in the Greater Montreal in 2011, a marginal increase of 1.4%. The organization also require 19,500 housing starts next year, a decrease of 8.9% over this year.
Monthly decline
This annual conference was held CMHC at the same time the National Bank released its composite index of home prices Teranet yesterday. According to the index, average house prices fell 1.1% in Canada in September compared to August.
Prices fell by 2.4% over one month in Halifax, Calgary 2.2%, 1.6% in Toronto, Ottawa and 0.5% to 0.3% in Montreal and Vancouver to after the index. Despite this monthly decline, prices exceed 5.5% of their peak before the recession at the national level, has qualified Marc Pinsonneault, an economist at National Bank.
This "contrasts sharply with the situation in the United States, where prices are 28% below their previous peak reached four years ago," he added. According to Pinsonneault, the satisfactory condition of the resale market and the low number of loans outstanding rule out the possibility of a major price correction and south of the border.
"That said, the high debt of Canadian households and the record rate of homeownership now pointing towards a much slower appreciation of house prices in the coming years," said the economist.
By Maxime Bergeron, La Presse journal - traduction by translate.google.com. Published on November 25, 2010.
Housing Bubble: Let’s Stop Comparing Ourselves to the United States - 20 October 2010
The existence or non-existence of a housing bubble in Canada is once again a hot topic in the news. Some organizations, such as the CD Howe Institute, Desjardins, the Bank of Canada and the International Monetary Fund, have commented on the subject and have rejected the housing bubble hypothesis. Other organizations argue that not only are we in a housing bubble, but this bubble will imminently burst and lead to a decrease in property values of more than 30 per cent in some urban centres, including Montréal. In our opinion, this scenario is unlikely.
It is true that residential property prices have increased significantly over the past two decades. In the Montréal Metropolitan Area, the average price of single-family homes increased by 140 per cent between 1989 and 2009. But this is not enough to cause a housing bubble. For there to be a bubble, the increase in housing prices must move significantly away from the “fundamental” factors, which are 1) income growth, 2) interest rates, 3) population growth.
The first two factors are particularly interesting, as they dictate changes in consumers’ purchasing power. It goes without saying that when consumers’ income increases, they can afford a more expensive property. The same also applies when interest rates decrease, as the purchase of a home is normally financed over many years. As a result, it is incorrect to compare property prices with household income. It is the monthly mortgage payments that must be compared to household income. The proportion of income that is allocated to these monthly payments is referred to as the affordability ratio.[...]
By Paul Cardinal, Manager, Marketing Analysis. FCIQ.
L'Équipe Emmanuelle Beaudet - 9 August 2010
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