CMHC Market forcast May 2011 & what does that mean for staging in Ottawa?
The CMHC has released their spring 2011 Ottawa Housing Market Outlook. I receive many questions how this affects the staging market so I figured I would take the time to explain how staging could work for you in the predicted markets.
"Current demographic trends will continue to put first-time homebuyers and downsizing empty-nesters at the forefront of Ottawa's housing market activity, thus raising the popularity of more affordable housing types such as condominium apartments, townhouses and semi-detached homes," said Sandra Perez Torres, CMHC's Senior Market Analyst.
This means that home owners that are selling the above type of homes are in the perfect position to make the most money from their homes when they are selling! Buyers whom are downsizing as well as first time home buyers typically have one of the following issues/ thoughts a) limited funds or b) lack of desire to fix or address things prior to moving in. Now how dose this thought pattern affect sellers? Well first-time home buyers as well as downsizing / empty nesters do not want to find a home they have to invest additional money into after the initial purchase of the home. They are typically looking for “move in ready” homes where they do not have to wait for a year to be built.
Professionally staging in this market will help home owners maximize the value of their home by having it evaluated in a way that assesses ROI (Return on Investment) resulting in quick sales attracting multiple offer situations. Staging is not just setting up a home so it appears attractive it is MUCH more than that. Staging is effective marketing of a property. We assess many things that affect the purchase of a home such as: lighting, traffic flow, room sizing, focal points, cleanliness, inviting touches, and ways for the home owner to invest a small amount of money to result in a greater return.
Majority of home owners turn a typical $225 consultation into thousands of dollars of savings BACK into their pocket. One home seller of ours last year turned their consultation suggestions into an additional $40,000.00!!
100% of our clients have either saved money or made more money through staging their home prior to sale!
For mor information on CAPITAL HOME STAGING & DESIGN, visit www.CapitalHomeStagingAndDesign.ca or call 613-832-8958
For more information ON CHMCH, visit www.cmhc.ca or call 1-800-668-2642.
OTTAWA, ONTARIO--(Marketwire - May 30, 2011) - Canada Mortgage and Housing Corporation (CMHC) released its latest forecast for the Ottawa Census Metropolitan Area (CMA) today in the Ottawa Housing Market Outlook, spring 2011 edition.
Kristy Morrison ISRP, IDDP, IOP, PCC, VT
Property Stylist & CEO
(613) 832-8958 / info@chsd.ca
Capital Home Staging & Design
-2009 Better Business Bureau Torch Award for Marketplace Ethics Winner
-2009 & 2010 RESA Rookie Stager of the Year Finalist (top 5 stager in North America)
Services we offer:
Home Staging, Interior Redesign, Colour Consultations, Furniture & Accessory Rental, Home Flipping Consultations, Interior Decorating Guidance, Organizing.
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