Tara Lyons 0:01
It’s Tour Tuesday. And we’re in Julie’s new vehicle.
Tom Lyons 0:11
Touring homes so you don’t have to.
Tara Lyons 0:13
So you don’t have to.
It’s a Toyota Rav4 hybrid, amazing gas mileage. And if you’re looking for a Toyota go see Dave Pickett.
Unknown Speaker 0:24
Shout out to Dave, Dave’s awesome.
Tara Lyons 0:29
I am holding the camera and yes probably moving a lot as we bounce along the road is going up and down. We wanted to drive her new vehicle today.
Tom Lyons 0:43
So super fun.
Tara Lyons 0:44
We have a new listing 149 Beatty Road, awesome side split minutes to Belleville, three bedrooms up one down two bathrooms vaulted ceilings in the kitchen and dining room walk up to a nice big rear yard. If you want to see that contact us. Yes, we’re holding offers till Sunday.
Tom Lyons 1:07
We got news from a couple of conferences. Chief Economist down in the states for the NAR conference. And the chief economist for Dominion Lending, both of them feel that the economy is going to be pretty strong up until 2021. And even then they don’t expect a real downturn or even at worst, maybe just a soft landing nothing much.
Tara Lyons 1:29
I’m doing Tom’s close up.
Tom Lyons 1:34
I’m doing the economist pose. Yeah. So you don’t have to worry about your monies.
Tara Lyons 1:40
Yeah, their expectation is interest rates are going to be going down yet again over the next year. Yeah, potentially down to 2.29%.
Tom Lyons 1:50
No changes to the stress test.
Oh, no, no changes to the stress test. So everybody, keep your debt in line is what they’re saying. That’s not going to change anytime. Interest rates are which is great.
Average price still tends to move up a little bit
Tara Lyons 2:08
Average price range in the 20 areas. $315,000. Yes, we did see a decrease in the average price range. But that is because we had a lot of our lower priced homes come on the market as well because of that stress test.
Tom Lyons 2:21
Right? Not because prices have gone down. Because we have listed in the last while.
Tara Lyons 2:26
We’re going to have some great information. We have some charts in that that we’re going to be posting that’s really going to show you what’s been going on basically we went back to 2012 and just show you what those increases are. But the coolest part is you’ve had an increase of 50% in our pricing since 2012.
Yeah, really. Okay.
Tour Tuesday OUT!!