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Real News Briefs for 02.25.23 | Special-advertising

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Eleven William Means Real Estate Agents Receive Prestigious Awards

William Means Real Estate announced that 11 of its agents have received recognition from the Charleston Trident Association of REALTORS® for outstanding sales production for the year 2022. The REALTORS® of Distinction award recognizes the top 10 percent of producing Charleston REALTORS® who met stringent requirements including sales production, education requirements and adhering to the REALTOR® Code of Ethics.




Downtown William Means Office

The Downtown William Means office is located at 25 Broad Street.




“William Means agents have incredible knowledge and understanding that you won’t find at any other brokerage in Charleston,” said Lyles Geer, President and Broker-in-Charge for William Means Real Estate. “For 90 years, our firm has offered the highest level of service and expertise to generations of Lowcountry residents and will continue to do so for years to come.”

Two William Means Real Estate Agents qualified for the Platinum category, which represents the top two percent of REALTORS® in the Charleston area. This category requires agents to have sold more than $26,600,000 in volume and/or more than 50.5 sides. Lyles Geer and Kalyn Smythe received this honor, each achieving $50M and $43M in sales, respectively.

The Gold category

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This city might have the strongest housing market in Canada

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While other centers are seeing steep declines, prices in this city are still rising

As much of Canada endures a housing correction, the market in Alberta, especially Calgary, is bucking the trend.
As much of Canada endures a housing correction, the market in Alberta, especially Calgary, is bucking the trend. Photo by Gavin Young/Postmedia

Good Morning!

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Slow sales, hard scrabble in Toronto real estate

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The Toronto Regional Real Estate Board tallied 75,140 sales through its Multiple Listing Service for all of 2022, 38.2 per cent below the 121,639 transactions seen in 2021.Mitch Fain/Mitch Fain

The real estate market in Toronto, Ottawa and many Ontario cities is off to a slow start in January with thin inventory, jittery buyers and Bay Street predicting another interest-rate hike.

John Lusink, president of Right at Home Realty Inc. and Property.ca, says the market is more balanced between buyers and sellers at the moment but also complicated and unpredictable.

“It’s going to be a tough year,” he says.

The executive says listings are typically low in the first half of January and this year is in line with the trend. In the second week of January, his firm’s inventory stood at 1,884 listings across its 14 offices.

That compares with only 1,100 at the start of January last year when “fear of missing out” among buyers saw properties snapped up quickly.

“We aren’t seeing a surge of inventory,” he says, adding that many of the listings he sees coming on now are properties that did not sell in the fall.

For all of 2022, the Toronto Regional Real

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Canadian luxury real estate entering ‘buyer’s market’: Report

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Canadian luxury real estate may be shifting into buyer’s market conditions this year, according to a new report from Sotheby’s International Realty Canada, as prices readjust from pandemic-related upheavals.

The report issued Wednesday said buyers and sellers retreated from the luxury market in 2022 as the housing market responded to challenges like interest rate hikes, high inflation and regulatory challenges, setting the stage for prices to cool this year amid continued demand for housing.

Don Kottick, president and CEO of Sotheby’s International Realty Canada, said luxury housing segments in some Canadian metropolitan areas were either approaching or already in buyer’s market conditions by the end of 2022, and he predicted another “important adjustment” on pricing on the horizon in the coming months.

“It has taken several months for home sellers to realize the impact of the changing market on the market values ​​of their properties. As new property listings come onto the market in 2023, their pricing will shift to meet current realities,” Kottick said in a written statement.

“This will start to unlock long-awaited opportunities for buyers and upsizers to purchase homes that meet their lifestyle needs as they acclimatize to the market.”

Sotheby’s report found luxury sales fell

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Missing DC real estate exec Ana Walshe owned multiple properties worth at least $1.88 million

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A search of property records reveals that Ana Walshe had a valuable real estate portfolio and that she sold one property shortly before she disappeared.

A search of property records reveals that Ana Walshe had a valuable real estate portfolio and that she sold one property shortly before she disappeared.

Walshe owned at least four residential properties, according to publicly available property assessment records and tax records in Massachusetts, Maryland and Washington, DC, where she worked for a real estate firm. Her husband, Brian Walshe, is not listed as owner or co-owner of any of the properties.

Those properties include two apartments in Lynn, Massachusetts, a rowhouse in Baltimore, and a 2,500-square-foot home in DC.

At the time of her disappearance, Ana Walshe, whose husband was charged with her murder and in jail without bail, had a real estate portfolio worth nearly $2 million, according to CNN’s analysis of publicly available documents.

Ana Walshe sold at least two properties since March 2022, including one just days before her disappearance.

In March, she sold a home in Cohasset, Massachusetts, for nearly $1.4 million and purchased a home in DC for $1.3 million.

Since 2018, she sold at least four properties worth

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Local real estate heads see ‘return to normalcy’ in 2023

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The head of the local real estate association said we’re seeing more of a balanced market, and there’s more interest being seen from potential buyers to at least explore moves

The president of the Guelph and District Association of Realtors sees the local real estate market returning to normal next year.

A recent survey by Royal LePage is predicting a one per cent drop in the aggregate price of a home in Canada by the fourth quarter of 2023, to an estimated $765,171. That’s a drop from the $772,900 for Q4 this year.

Broken down, it’s seeing a two per cent decline in aggregate housing prices in the Greater Toronto Area, from $1,078,300 to $1,056,734.

The report didn’t discuss Guelph specifically in its forecast, but local association head Tyson Hinschberger noted Guelph and southern Ontario are always influenced by the GTA market.

So what does this all mean for Guelph?

“Certainly I think that at the end of the day, it speaks more to a return to normalcy and stability than probably a lot of the frenzy that we’ve seen over the last 12 to 18 months,” he said.

Speaking on behalf of the association, he believes the worst is

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Liverpool Voted Best Place to Live and Work in the UK

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The vast majority of those who live in Liverpool are happy with their life in the city for multiple reasons.

75% of residents are happy with their life in the city, thanks to the wide array of jobs available and the vibrant cultural opportunities.

Numerous major employers have offices or locations within the city, such as McDonalds, Amazon, Tesco and the BBC, as well as banks like Santander. Combine this with the respected multiple universities in Liverpool, and there is a large population of young professionals and students within the city.

Areas such as the Baltic Triangle and Liverpool ONE mean residents have a wide array of eateries, shops, and activities to entertain themselves with, while the city is renowned for its vibrant nightlife scene.

Property in Liverpool is also highly affordable, with the UK House Price Index revealing that the average house price in Liverpool as of October 2022 is £180,049. This is over £100,000 more than the national average of £296,422.

This means Liverpool residents are less affected by the cost of living crisis due to the wide array of affordable housing.

On top of this, the research conducted by OneFamily shows that Liverpudlians are most likely to

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