the Spring Market

I am going to Windsor, Ontario this weekend. This is where I grew up and could not not wait to leave some 25 years ago. It is however, always great to see my family no matter the circumstances. One of my brothers is flying in from Boston and the other lives there. Unfortunately my Dad's brother passed away on Tuesday so we are there to attend his funeral. He will be missed!

Windsor is an interesting city with its proximity to Detroit. It is heavily reliant on the automotive industry to supply jobs for the community, unlike Toronto which has a variety of industries and businesses where people work. So as goes the automotive industry, so does the real estate market in Windsor.

A cousin of mine, called me several months to see if I could help him sell his home in Windsor. He was looking for find exposure somehow in Toronto but the Multiple Listing System doesn't quite work that way.

We are fortunate in Toronto to be in a city where the economy seems to be thriving and with the daily influx of new immigrants, the demand for housing remains strong. Interest rates are quite low and perhaps heading lower. So as the spring market begins today, I will keep you posted on my point of view on how its unfolding.

Sam