What a Roller Coaster this Year has been!  What will 2024 bring us??

A legacy of love for our business has led us through the “tough  sledding” that we were doing throughout most of  2023. There’s no denying this was a Real Estate market in flux, though we feel that in 2024 nerves will settle – we have a very positive outlook moving forward.  After a couple of years of unsustainable growth and frenzied activity, Buyers and Sellers were taking a moment to pause amid higher interest rates and slightly higher inventory.  The combination of challenging  affordability situations on the demand side with interest rates and more inventory levels on the supply side will continue to define market, though more inventory and less competition make the environment increasingly favourable for  investors. 

The impact of recent interest rate hikes has been felt across all major housing markets with some areas hit harder than others, though our market here, where we live and work, has held post pandemic values.  At Narozanski North we had a solid year with the first two quarters showing marked improvement from the year before, though our final quarter did slow a bit. During the pandemic, people flocked up North as remote work allowed people to live further from their city offices.

We are still seeing great interest from Buyers in Southern Ontario. Northern Ontario had seen its “Best Year” ever in 2021 records set – record prices obtained. After a Pandemic – Induced Bull Run, the  housing market has reset. We are roaring to go! 

On a  Very Positive Note:

Our market inventory is turning over well if priced correctly right thru Sudbury, Rainbow Country, French River, Manitoulin over to Sturgeon and thru the Nipissing area in all areas of the market.

We also believe the market has levelled and we have Buyers waiting to purchase – a solid portfolio of Buyers. Another very  positive factor is the slowing market has not affected the demand for many specific products such as Resorts and Trailer Parks & Cottages .

 We Would Love To List Your Property – Any Time!  

Real Estate is a very important decision in your lives and we are here for you! We are back to sitting together, hugs and shaking hands when greeting one another and enjoying a cup of java together.          

What is a “True &  Known” and reliable fact is that our Company is resilient, and our Team at NNR is a very well-oiled  machine. We are all proud to be blessed with our health and faith.  Hats off to Vicki-Lynne, Ginette, Sarah, Donalyn, Chris, Tracey, George, Daniel, Jerry, Pamela and my Dad – Michael.

Our Team is Absolutely the Best!

Without their loyalty, hard work and talents we would not be who we are!

We want to Thank – a Big Shout out to those that make my Profession – Our Company  able  to complete a Real Estate transaction.  Thank you to the Lawyers, Appraisers, Accountants, Bankers, Advertisers, Sign-Makers, Inspectors, MLS Staff, the Insurers, Co-operating Real Estate companies and all their Support Staff.  Our sincere appreciation and our heart-felt gratitude is extended to all of you, and our Team wishes you continued health in 2024. 

 “In the Middle of Every Difficulty Lies Opportunity “  ~  Albert Einstein

Thank you for your continued loyalty and interest in our properties, our listings!

Thank You For Your Referrals – Your Business!  

On a lighter note, I meandered into my 63^rd Year and it is with love-filled hope that we at NNR wish all of you time to celebrate Family, good health and success in your endeavours. 

 Lola, our Schnauzer, is 16 years young  – She misses Brandy – We all do!

 Our Team is looking  forward to working  safely and successfully with you in 2024.

 Share Some Love, Kindness & Laughter with Family & Friends!   

Kimberly-Ann  &  Staff  of NNR