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The London and area residential real estate market fared well in 2012 with a total of 8,020 homes changing hands , 28 fewer units than the 8,048 homes sold in 2011. Overall new listings were down 6.2% for detached homes and up 0.9% for condos in 2012. Inventory – the number of active listings at month end – was also down, but only by ...
Sales of detached homes in London and the St. Thomas area dipped 15.9% in November 2012, with 417 homes exchanging hands. Sales of condos, however, were up 18.8%, with the result that, Year-to-Date, total sales are down only a modest 0.3%. “Altogether 512 homes sold, down 11.1% from the previous year.New listings were down 12.9% for detached ...
Buyers Prize Safety, Value & Location
Safety, perceived value and a location close to shopping or
transportation are the most important factors Ontarians consider when buying a home, according to a new survey.
Research commissioned by the Ontario Real Estate Association
Regardless if you are a residential home buyer or seller, a renter or an investor, looking at the current real estate market in London Ontario and the last 10 years of activity shows that the London and South West Ontario Real Estate market is stable.
As you will see, there have been no large dips or upswings in prices or activity. ...
As I work with both condo sellers and
buyers, I am always asked what the market is doing, when is the best
time to buy or sell, how much to offer and how much to list for.
As with any condo, the neighbourhood, style and condition of a home reflects on price and quickly they sell.
Below is a breakdown of ...
There is not a day that goes by without someone asking me "How is the real estate market in London"? Why I ask and usually ot is because on the news they have heard or read that there is a bubble, prices may tumble or houses are in demand and so on.
The London real estate market is not like the Toronto, Calgary ...
The other day on the news there was a report about real estate and the predictions for 2012 and 2013 and the rising prices as well how in some cities in Canada the real estate market is booming while others remain stable or are declining.
For those of you who know me you know I like to make decisions based on facts and as history ...
Will the housing 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 and though they do not foresee a crash, they
feel that prices are likely to decrease ...
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 coming out of the gate, but in the end we finished strong, despite ...
The Buyer Agency Agreement
Earlier this week, I wrote a blog
with advice on what to look for in buyer agency and working with an
agent or a broker of record. So what happens after you interview a few
agents and find one you think will be a good choice?
Most agents want you to sign some sort of agreement that formalizes