DavidKurt

Founder of Lake City Realty Ltd., Proud husband and Dad to 3 boys, community Advocate in @sudbury, enhancing the publics image of a Realtor

[DavidKurt @davidkurt]

I built Lake City Realty to raise the bar in Sudbury real estate.

Not just better listings. A better way of doing business — for clients and agents.

Here’s the story behind the brand, the vision, and what makes us different: https://t.co/eyVZiBcYOV

[DavidKurt @davidkurt]

Sudbury’s housing vs. population story:
Percentage of homes by year built.
Pre-1960: 30%
1960-1980: 38%
1980-1990: 11%
1990-2000: 11%
2000-2021: only 1%
And Sudbury just had its largest population increase in 23 years, adding 4,658 residents last year to reach 179,965…

[DavidKurt @davidkurt]

🤔 On Nov 25th, the planning committee will decide on the old hospital site for 530 residential units across 3 phases. This could set the stage for redeveloping the area and removing the eyesore that is Canada’s Largest Mural. Excited for more housing & progress in Sudbury!

[DavidKurt @davidkurt]

The Sudbury real estate market this week, broken down into a thread 🏠

[DavidKurt @davidkurt]

🏒 Shoutout to Sudbury’s creative thinking! The old water tower was transformed into the "largest goal light in the world" to celebrate OHL goals by the Wolves. When not in use, it'll feature light shows to music. A fun idea to brighten the winter sky! #Sudbury

[DavidKurt @davidkurt]

Local landlords are seeing rents plateau since peaking a year ago. Renovated units aren't getting premium prices anymore. 1 bedroom apartments are in higher demand, likely due to people stepping up from shared housing. Meanwhile, new apartment construction has slowed dramatically

[DavidKurt @davidkurt]

The Sudbury real estate market this week, summed up into 5 points 🏡

[DavidKurt @davidkurt]

The federal government is reducing immigration over the next few years, which could lead to a drop in Canada's population. This might impact GDP, but I believe Sudbury will continue to thrive due to its affordable lifestyle, attracting new residents despite national trends.

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

🔥BREAKING FROM STATS CANADA

In 2023, Retirement aged Canadians who had both an employer-sponsored pension plan and owned their home

had a median net worth of $1.4 million in 2023.

Those with neither, had a median net worth of $11,900.

[DavidKurt @davidkurt]

Are you in Sudbury and frustrated by the Development Charges on New Construction? - Heres your chance to voice your opinion - https://t.co/mjP4hfPUib

[DavidKurt @davidkurt]

💵First-time homebuyer activity has been driving the market, with buyers finding value and entering the market. However, the "step-up" home range hasn't seen the same activity. There have been increased sales in this range, possibly fueled by anticipated interest rate decreases.

[DavidKurt @davidkurt]

Insights into the Sudbury Real Estate Market: My 5 bullet points, broken down into a thread… #SudburyRealEstate #MarketInsights #BuyersMarket #SupplyDriven #RealEstateTrends #FuturePredictions #Sudbury #RealEstate

[DavidKurt @davidkurt]

📊The MLS Home Price Index, reflecting a 3-month rolling average, has turned positive for the first time in 6 months. This uptick, albeit modest, suggests a shift towards increased consumer confidence and potentially rising prices. #MarketIndicators #ConsumerConfidence