January 2012 - Posts
“Where is the condo market headed, in Canada & specifically London Ontario ?” I was asked this question today by a client who wants to sell her condo in Toronto and move to London Ontario. Below is part of what I emailed to her. The oversupply
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Ingersoll • 4 bath, 4 bdrm 2 story "Granny Suite" - MLS® $369,000 - Ingersoll - Looking for a great place to raise your family. Looking for a large lot yet want to know where everyone is? Want some privacy? This 2 storey home is an
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Will the h ousing market crash in London Ontario ? Is there a real estate bubble in London Ontario? For the last few months, economists, the heads of three of Canada’s major banks (BMO, CIBC & RBC) agreed that the market is reaching its peak
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Grenfell Village, London - The apartment at 202-1600 Adelaide Street N has been sold. Property information
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The proposed Healthy Homes Renovation Tax Credit in the Province of Ontario would be a new permanent, refundable Personal Income Tax credit to assist with the cost of permanent home modifications that improve accessibility or help a senior be more functional
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As with all municipalities in Canada and the US, officials are finding innovative ways to save taxpayers money! As well, with obesity levels rising across North America, a group of top level economists, legislators, gurus and academics have come up with
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In 2011, 31 homes changed hands in Komoka with the average asking price of $347, 491 which actually sold for 97% of asking which was $338,543 and these were on the market for 48 days. Komoka is less than 15 minutes west of London with easy access to Highways
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City of London renews commitment to make homeownership easier The City of London has announced the renewal of a program offering affordable homeownership. This very successful program, previously known as the Affordable Homeownership Program has been
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This is a story that is being repeated all over the country. Boomers want to downsize. This is hardly a surprise. The surprise or even shock is that it is going to cost them money to live in less space. To some, it is so appalling that they have decided
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Kilworth is a quiet enclave of new and mature homes nestled in a village 8 km west of London. It meanders along the Thames River and offers all the amenities that you would expect. The Municipality is situated at the north, northwest and westerly limits
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143 homes sold in Lambeth and Westwinds neighbourhoods in South West London for 2011. The average asking price was $372,629 and the homes that did sell, sold for 98% of asking and these were on the market an average 69 days. Lambeth is rapidly growing
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Are You Cut Out For the Real Estate Business? During the course of handling 4 transaction this week, a client saw that I was a little exasperated with a another REALTOR and when I told her why her response was “Why are they in the real estate business
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January 2012 Su Mo Tu We Th Fr Sa 25 26 27 28 29 30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 3 4 Summerside, London - We invite everyone to visit our open house at 644 North Leaksdale Circle on January
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Tenant Turnover & Vacancies This week I was asked by an out of town investor with 11 units if I could assist her in understanding why on paper she should be doing better financially , but in fact, her income was way down because of tenant turnover,
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011 proved to be a very busy real estate market in Masonville and Stoneybrook neighbourhoods in North London. With close proximity to The University of Western Ontario (UWO), The Research Park, teaching hospitals and of course, Masonville Mall, this area
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Pond Mills in South East London Ontario remains one of the best values in home prices with 61 houses selling in 2011 for an average price of $202,600 and it has taken about 36 days for a home to sell. For condos in Pond Mills , $123,023 was the average
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47 homes changed hands in 2011 in the Hazelden neighbourhood in West London with the average asking price of $425,201 and actually geting $403,940 which was 95% of the asking price and these sold homes were on the market an average 36 days! I In this
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London Real Estate Market Stable in 2011 2011 proved a solid year for real estate sales in the London and St.Thomas area with 8,048 homes exchanging hands over its twelve-month course -- just 1% down from the previous year. “It was a little slow
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211 houses exchanged hands in Old South London & Wortley Village in 2011 with an average selling price of $266,222 and on average it took 38 days for a home to sell and these homes sold for 98% of the asking price! 3 condos sold in this neighbourhood
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There were 90 homes that sold in the Summerside neigbourhood in South east London in 2011. 72 houses sold at an average price of $258,350 and 18 condos at an average $210,211. On average it took 63 days for a home to sell , 42 days for condos and homes
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I was going through my notes over the holiday season and I came across a file that I had marked as important and was written in 2009 and is still relevant today. I did not write this article nor do I remember who the author was, but what he/she wrote
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In 2011, 50 houses changed hands in the Riverbend area south of London with an average selling price of $458,654 and 10 condos sold, averaging $397,456. The average days on market was 64 days for houses & 42 days for condos and these homes sold for
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Homes in Sunningdale , a trendy neighbourhood in North West London with easy and quick access to UWO & Masonville sold quite well in 2011. 49 houses sold at an average price of $536,417 and on average, these homes took 48 days to sell & sold for
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263 houses sold in this great family Oakridge neighbourhood of London Ontario in 2011 with the average selling price being $301,882 and on average these houses were on the market for 46 days & sold for 98% of the asking price! 88 condos had changed
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