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September Real Estate Update

If you're considering buying or selling your home in London, Ontario, the market is presenting some interesting trends that you can take advantage of:

For Sellers:

  • Homes are staying on the market longer: With increased inventory, buyers have more options, which means homes aren't selling as quickly as before. Pricing competitively and showcasing your home effectively are now more crucial than ever to attract serious buyers.

  • Interest rates are dropping: The recent rate cuts mean more buyers are getting back into the market, but they’re taking their time to make the right decision. By positioning your home correctly, you can still sell for a great price.

For Buyers:

  • More choice, better deals: With homes staying on the market longer, this is your chance to negotiate. Sellers are becoming more flexible, which could work in your favor to secure the home you want at a lower price.

  • Falling mortgage rates: Mortgage rates have dipped to as low as 3.99%, making it more affordable to finance your dream home and lower your monthly payments.

If you're thinking about making a move, now is the perfect time to act before the market shifts again. Let’s chat about how we can help you make the most of these conditions!

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New property listed in 42.08.0045, London

I have listed a new property at 1 Woodland PL in London. See details here

**Welcome to 1 Woodland Place, a beautifully renovated duplex nestled in the heart of the charming Wortley Village. This versatile property offers a fantastic opportunity for investors or homeowners seeking additional income. The **upper unit** boasts a cozy 1-bedroom layout, perfect for young professionals or a single occupant looking for a comfortable and modern living space. Meanwhile, the **main unit** offers ample space with 2 spacious bedrooms on the main floor and two additional bedrooms in the fully finished basement, making it ideal for families or those in need of extra room. Renovated with care, both units feature modern finishes, updated kitchens, and inviting living spaces that blend style and function. Outside, enjoy the mature trees and the vibrant community that makes Wortley Village one of the most sought-after neighborhoods in London. This property is a prime opportunity in a location rich with local shops, cafes, and parks, just minutes from downtown. Whether you're looking to invest or live in one of London's most desirable areas, 1 Woodland Place is the perfect choice! Don't miss out schedule your showing today!

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.