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Buyer's market? Depends on motivations says local REALTOR

Canada's longest housing boom of the post-war period has come to an end, according to the latest Real Estate Trends report released November 20 by Scotia Economics. The reversal of fortune has been most pronounced in the previously hottest markets of Western Canada, including Calgary, Edmonton and Vancouver. "In Ontario including Niagara-on-the-lake we are witnessing a cooling off but not to the same ...

NIagara's Blessed with fresh produce

Further to my point on lifestyle and selecting Niagara for your home, I was kindly reminded about our abundant access to fresh produce. Thanks for that reminder. In Niagara we can stop along the road, drop in a local produce market and select from freshly picked fruits such as peaches and plums to many vegetables, corn on the cob, squash and broccoli. Just to name a few. In Niagara we are blessed to ...

Third Quarter MLS Results

The key message is that "all Real Estate is local".  Three quarters of 2008 is behind us. Our local Real Estate market is performing solidly with healthy unit sales and prices trending upwards 7% from this time last year. Last Sept, year to date the average sale price in town was $374,000 and for September 2008 that figure is $403,000.  NOTL MLS sales in September were very strong. Unit ...

REALTORS Speak to Queens Park

This past week Ontario's REALTORS met at their annual Political Affairs Conference in Toronto, ON. The Conferenece was lead by local REALTOR Gary Zalepa Jr. Broker/Owner of CENTURY 21 City Realty Inc. from Niagara-on-the-Lake. The meeting includes guest speakers, input from leading media, research consultants, politicians and political analysts. Two issues that REALTORS wished to discuss with their ...

NIagara's Blessed with fresh produce

Further to my point on lifestyle and selecting Niagara for your home, I was kindly reminded about our abundant access to fresh produce. Thanks for that reminder. In Niagara we can stop along the road, drop in a local produce market and select from freshly picked fruits such as peaches and plums to many vegetables, corn on the cob, squash and broccoli. Just to name a few. In Niagara we are blessed to ...

Ontario Tax Assessments To Rise

Ontario residential property taxpayers will see an average assessment increase of five per cent in 2009, the first year of a four-year phase-in introduced by the Provincial Government. "Residential property values have increased by an average of approximately 20 per cent across Ontario since 2005, when the last assessment update was done," Carl Isenburg, President and Chief Administrative Officer ...