Top questions I got from last month

“Is it a good time to buy right now, or should I wait until the fall?”

Honestly, if you’re serious about buying and you find a home you love, there’s no need to wait. We’re seeing more selection and sellers are a bit more flexible right now than they were even a few months ago. Waiting for the “perfect” time can mean missing out, especially if rates or your needs change. Fall sometimes brings new listings, but it also brings more buyers off the sidelines, so competition can pick up. Bottom line: if the numbers work for you and you find the right fit, go for it.

“Why are some homes sitting on the market while others still sell quickly?”

It almost always comes down to price, presentation, and location. The homes that move quickly are usually priced right from day one and show really well that are clean, updated, decluttered. The ones that sit tend to be overpriced or need a lot of work that buyers aren’t looking to tackle right now. If you see a house hanging around the market for weeks, it’s usually one (or all) of those three reasons.

“Which Hamilton neighbourhoods have the most potential for growth in the next few years?”

There are a few areas on my radar. West Mountain is seeing more investment thanks to new infrastructure and upcoming long-term-care campuses. Stoney Creek (especially east of Centennial Parkway) continues to attract families and developers. Winona is another hot spot—there’s still room for appreciation as more amenities and new homes go in. And don’t sleep on Crown Point or Bartonville; they’re slowly turning over with new businesses and younger buyers moving in.

How much negotiating room do buyers actually have right now?”

There’s definitely more room than last year, but it depends on the property. If a home’s been sitting, you can usually negotiate. Not just on price, but also on things like closing dates or extras (appliances, repairs, etc.). For homes that are priced sharply and show really well, sellers are standing firm. But on average, buyers are seeing some wiggle room. Sometimes 2-4% off asking, especially if the listing has lingered.

Should I rent out my home instead of selling it in this market?”

It’s a legit option, especially if your mortgage is manageable and you’re not in a rush to cash out. Rents in Hamilton are still strong and vacancy rates are low, so if you’re comfortable being a landlord, it could be a good way to build equity and ride out the market. Just keep in mind: managing a rental isn’t for everyone, and selling now means cash in hand for your next move. I’d be happy to run the numbers with you if you’re on the fence.

Want to send in your own question for next month’s Q&A? Just hit reply and I’ll answer it honestly, no fluff.

📉 Market Performance & Trends

If you’ve been waiting for a calmer market, this is it. July saw 535 sales (up from last month), but homes are taking longer to sell—66 days on average—and the average price dipped to $767,000. With 2,665 active listings and five months of inventory, buyers have options and negotiating power, while sellers need to price sharply and make their home stand out.

Thinking about making a move? Let’s talk strategy—I’ll show you where the real opportunities are, whether you’re buying or selling. Just reply to this email and I’ll give you the numbers for your street.

Happening in Hamilton

Week of Aug 8th – Aug 14th

🎵 Music & Performance

MUSIC ON THE WATERFRONT: HPO BRASS QUINTET (Pier 8 Waterfront) Thu, Aug 14, 6:30 pm–8:30 pm - Classical brass quintet concert outdoors. Bring a lawn chair or blanket. Free Click here for more info

🎪 Festivals & Fairs

PRIDE AT THE PIER (Pier 4 Park) Fri–Sat, Aug 8–9 (Fri 5 pm–11:30 pm; Sat 11 am–midnight) - Inclusive festival with drag shows, vendors, and youth programming. Free Click here for more info

DUNDAS CACTUS FESTIVAL (Downtown Dundas) Fri–Sun, Aug 15–17 – Community street fest with live music, food, and activities. Free Click here for more info

🌳 Family & Outdoor Fun

FAMILY SKATE ROLLER SKATING (Waterfront) Sat, Aug 9, 7 pm–10 pm – Outdoor family skating with Sirius Satellite Radio. Free Click here for more info

TRAIN DAYS (Hamilton Museum of Steam & Technology) Sun, Aug 10 – Climb aboard and explore historic model trains in action at this classic family-friendly event. Perfect for train enthusiasts of all ages! Free Click here for more info

Featured Listing

28 Fairholt Rd N Upper Unit • Hamilton • $2,000/Month
2+1 Bedrooms • 1 Bath

Located on a quiet dead-end street with no through traffic, this spacious two-story, three-bedroom apartment offers a perfect blend of comfort and convenience. Inside, you'll find a newly renovated 3-piece bathroom and a stylish kitchen with butcher block countertops and stainless steel appliances. Walk out from the kitchen to a large private deck-ideal for barbecues, outdoor dining, or relaxing with friends. Additional features include in-suite full-size laundry and two dedicated parking spots. Don't miss the opportunity to live in a stylish, comfortable home in a great location offering exceptional convenience and value.

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