Back to: December 2019


How To Help Your Elderly Loved Ones Enjoy the Holiday Season?
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Seniors often experience feelings of isolation and loneliness during the holidays. They may be remembering those dear to them who are no longer here or battling a long illness. Many seniors exhibit signs of increased anxiety or depression due to feeling overwhelmed. Holiday stress can also impact their physical and mental well being.

It is important to include your loved ones in the family holiday preparations to keep them active and involved. Here are some tips to help your elderly loved ones enjoy the holidays:

1. Plan ahead. Encourage the participation of your senior family members in planning both gift buying and holiday activities. Send your loved ones a list of possible gift ideas for other family members and friends and accompany them on a shopping excursion to select the perfect gifts.

2. Get them involved. Involving your senior family members in festive activities allows them to feel helpful and needed. When putting up your Christmas tree, have them help you with the ornaments, or work together on cooking a favourite or traditional holiday meal.

3. Link up with like minds.  Reach out to older relatives and friends who are alone and especially those who may share similar interests with your loved ones. Plan group activities like exercise, meals, games and trips to get them out of the house and expand their circle of friends.

4. Maintain a happy environment. Maintain brightness during these special festive days, despite the sense of loss they may have of loved ones who are no longer here to partake in the holiday with them.

5. Bring back happy memories. Seniors often find great joy in having someone show interest in them and their past. Help your senior family member feel loved and involved by going down memory lane. Go through your family photo albums, share old stories or watch old family movies together.

6. Create a senior-friendly environment. If you plan on taking your loved ones out to celebrate at another person's home, make sure the new environment is safe for them. Ask the host to remove slippery throw rugs and other items that could be hazardous or barriers to people who have difficulty walking.

7. Monitor their health condition. Make sure your loved ones adhere to their regular schedule of medications during the holiday hustle and bustle. If older family members tire easily or are vulnerable to over-stimulation, limit the activities or length of time they are included in the festivities. Consider planning a nap time or providing a "quiet room" where older family members can take a break from the noise and confusion.

8. Encourage social activities. If you live far away from your loved ones and cannot be with them for the full holiday season, try encouraging them to join a senior group in their area, or discuss the possibility of hiring an in-home companion or a helping hand. Not only will the companion be able to help with basic chores and activities but they will be able to provide much-needed social interaction for your loved ones on a regular basis.

9. Give them your time. Give your loved ones the gift they most want—your time and companionship. Seniors will typically relish in the seasonal gatherings. This is the time to have patience, compassion, and provide a safe and wonderful new memory for them to reflect back on throughout the coming year.

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With Compliments of

Michele Vyge-Fraser
Real Estate Agent/ Associate Broker/ CNE®


Red Door Realty
1314 Martello Road
Chapter House
Halifax, Nova Scotia,
T: 902-830-6397
NovaScotiaRealEstate@gmail.com
www.RedDoorRealty.ca

Hello :) Happy August!

Our Nova Scotia Real Estate market continues to be hot! Competing offers are still the norm for good listings and our Sellers Market is continuing to drive prices up. While median prices across HRM show $119,250. and, just looking at Halifax, Dartmouth and Bedford, the median selling price for a single family home says $217,750, $350,000 - $450,000 seems to be the range in highest demand. Competing offers are driving prices up 10-15% above list and much more in some cases. Good listings are still in short supply. On the Halifax Peninsula alone there have only been 28 firm single family MLS sales since July 7, though there are currently 17 conditional sales pending and 60 single family active listings. List price continues to matter. If it isn't priced based on the most recent comparable firm sale, there is a good chance that buyers will wait for the seller to adjust the price accordingly. However, once that happens, competing offers seems to become the norm again. 

So where are our prices going? Is there an end in sight for our sellers market? I'm not seeing it yet. Ever curious about the big picture price categories, both locally and across the province,  I ran the MLS sold numbers to when our MLS data was first uploaded to a computerized system... we are still showing less than 4.5% over $500,000. in HRM and less than 3% across the province. With these stats and affordability thresholds it's not hard to see why so many people are considering moving here!  

Across HRM...
  • there are currently 1160 active MLS listings of which 949 are single family.
  • there have been 834 sales firm up since July 7 (median price $119,950.)
  • there are currently 357 conditional sales pending
  • of the 949 current active single family listings, prices range from $32,500 (a real fixer upper/possible tear done in Necum Teuch) to $6,450,000 (a glorious Waterfront Estate in Herring Cove on 115 Gill Cove)

Closer to Halifax, Dartmouth and Bedford...
  • there are currently only 392 active single family home listings
  • prices range from $80,000 (another 'real fixer upper or tear down on 8 Yorkshire Avenue in Dartmouth) to $4,995,000 (a beautiful Northwest Arm Estate on 5960 Ingliwood)
  • there have been 393 sales firm up since July 7 (median price $217,750)
  • there are currently 136 conditional sales pending

To date, since January 1, 2020, 614 of the MLS sales across Nova Scotia have sold for over $500,000 of which 134 have sold since July 7, 2020. (128 are in HRM)

Currently, MLS sales over $500,000 account for approximately 2.8% of the 237,442 multi-class MLS sales across Nova Scotia on record and approximately 4.5% of the 237442 multi-class MLS sales across HRM. 

The highest recorded MLS sale in the last 4 weeks?... is $1,889,000 (this property, in Dartmouth, was on the market for 54 days and sold for 94.5% of the list price...)

Curious about any listings or the possibility of selling? If you are ready to get back into the market or to buy your dream waterfrontage cottage or, anytime you know someone else who is, please contact me anytime! 

Happy Summer!

With Gratitude,
Michele 

 


NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 3.34% 3.30%
1 Year 3.59% 3.04%
2 Years 3.74% 2.89%
3 Years 3.89% 2.79%
4 Years 3.95% 2.95%
5 Years 5.34% 2.69%
7 Years 5.80% 2.99%
10 Years 6.10% 3.04%
Variable Rate 2.90%
Prime Rate ** 3.95%
*last updated: Feb 18,2020


www.RedDoorRealty.ca

Halifax Mortgage Specialist Bruce Lusby 

(902) 210-0515

http://mortgageweb.ca/BruceLusby

Halifax, Nova Scotia - updated Oct 6, 2015

Variable:

5yr @ Prime - .65% (2.05%)

HELOC @ Prime +.25% (2.95%)

Fixed:
1yr 2.29%
2yr 2.09%
3yr 2.24%
4yr 2.54%
5yr 2.54%
6yr 3.39%
7yr 3.44%
10yr 3.84%

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The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice. If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.