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Episode 10: The Final Burlington Market Update of 2015

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SHOW NOTES:

1- Thank you for a great “Pictures with Santa” Event – 0:30 minute mark

Thank you to those who cam out. We had a blast.

2- My “Ugly Christmas Tie” – 1:05 minute mark

My kids used to buy me what I call “Ugly Christmas Ties” when they were younger. I love them all! I show off my “12 days of Christmas” tie 🙂

3- Average Burlington Home Prices in 2015 – 2:15 minute mark

  • The average home price in Burlington in November was: $557,382

4- Average Burlington Home Prices Since 2006 – 2:45 minute mark

  • Steady growth in Burlington for the past many years. If you’d like to invest your money in the Burlington real estate market, your 2 best options are: Buy and hold, or, Flip.

5- Home Price Are Up 9.7% In Burlington From 2014 – 5:28 minute mark

  • Average home price in 2014 was: $512,757
  • Average home price in Burlington so far in 2015 is: $562,016

Important Message: Most people can’t save faster than the growth of the market. I’d rather see you purchase a home in Burlington with a higher CMHC insurance premium than try to save a bigger downpayment. If you have your 5% down, I would suggest you buy a house instead of trying to save more for a bigger downpayment.

6- Does Every Home in Burlington Sell? – 10:20 minute mark

  • The simple answer is NO! There are many reasons why a home does not sell in Burlington. I go over some of them in the video.

Have Questions?

email: info@BurlingtonHomes.com

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About the Author Sebastian Malinowski