Early 2009 marks a slower start for Lethbridge Real Estate with fewer sales occurring year to date than 2008. BUT, is that necessarily a bad thing? No it’s not, here’s why:
Last year there were approximately 40 more homes sold in Lethbridge by this time but with an average single family Lethbridge home price of only 4% more than this year. Despite the news we hear, Lethbridge real estate is fairing quite well in this global economic downturn. Other cities and other provinces are experiencing much more significant decreases than ours and I am happy to say we have remained relatively stable, just as we did when housing prices in Lethbridge were taking off back in 2007.
It is important during times like this to consider where our media comes from. For example, our Provincial media comes from Calgary, a city that has experienced decreases in property values as much as 20%. Our National media comes from Ontario, a province that has experienced the greatest economic decline of any place in Canada. We are being bombarded with information that simply isn’t relevant to our local Lethbridge real estate market and we have to be cautious how we relate that information to our local market.
As a matter of fact, my team is busier than ever with a number of new initiatives that we anticipate will help us break our record of 129 Lethbridge homes sold last year! That’s right, even with the market downturn. We continue to update and modify the way we do business so that we can better serve the real estate needs of our Lethbridge real estate clients. Through increased market share and increased efficiency we hope to make this year the best year for Lethbridge real estate clients yet!
As an example, we are enlisting the help of a second Administrative Assistant to help us better manage the expectations and needs of our Lethbridge real estate clients. Our team will now feature two Seller Specialists, One Buyer Specialist, one Office Manager, and one Administrative Assistant. Our goal is to further define the roles of our Lethbridge real estate team members so that our clients have the fastest and easiest answers and solutions to their Lethbridge real estate needs. This means helping our Lethbridge home buyers buy for less, our Lethbridge home sellers sell for more, and doing so in the shortest period of time and with the least amount of inconvenience possible!
For complete details on everything related to Lethbridge real estate, visit our website at courtneyatkinson.ca. If you are more comfortable calling, we can be reached at 403.795.7777 or by email at courtney@agent44.ca.
