Well September results were higher than the same month last year. It was only marginally higher though with the monthly list to sell ratio softening from 45.88 to 33.69. The softening in the list to sell ratio is the result of more listings over last year. The sales successes of June, July and August brought out some of the Sellers that were sitting on the fence.
It is encouraging that the sales ...
Posted by Doug Fraser
on October 1, 2009
Once again, the monthly numbers are up compared to last year. August saw 217 sales compared to 167 for the same period last year. In addition, the monthly list to sell ratio edged up to 45.88% compared to 33.40%. Year to date figures are still lower than last year at 1205 units compared to 1287 units and a list to sell ratio of 29.47% compared to 30.31% from last year. We are moving towards a ...
Posted by Doug Fraser
on September 12, 2009
It is encouraging to see that the number of sales for both June and July have shown increases over the same month last year. There is a general feeling in the air that the Real Estate market is a fairly safe place to invest.
Interest rates continue to hang lower and there is still a number of properties to chose from in any given segment oif the price spectrum. It is interesting to note that the ...
Posted by Doug Fraser
on August 8, 2009
The market has been improving in our area over the past month. While we are not on par with the volumes of 2008, our sales to listing ratio has improved slightly from 29.47% ytd 2008 to 30.32% ytd 2009. That means that a little better than 3 in 10 listings are selling. That is far better than January where at 10.53%, only a little better than 1 in 10 listings were selling.
The continued low interest ...
Posted by Doug Fraser
on June 22, 2009
Thanks to those of you who participateed in The Earth Hour. You sure realize how much we rely on electricity! I know I had a hard time shutting the hockey game off.
It has been difficult to believe that spring is here. The dump of snow we had last week gave a shot in the arm to the ski hills in that area. Most if not all hills have said this is the last weekend. I was out on Friday and the conditions ...
Posted by Doug Fraser
on April 12, 2009
We continue to hear about Global Warming and all the damage that is being done to our environment. Earth Hour 2009 scheduled for March 28th @ 8:30 is a great way to make a small contribution to reducing the carbon footprint around the world. Participation can be as simple as shutting off your home lights for one hour, but it can be expanded to things like taking mass transit. Give it some thought! Check ...
Posted by Doug Fraser
on March 11, 2009
There was an interesting article in the Globe this morning. It was a more positive article and not one of the doom and gloom pieces that have tended to fill the pages of newspapers and magazines of late. Here is the link to the article http://business.theglobeandmail.com/servlet/story/RTGAM.20090226.wporter0226/BNStory/Business/?cid=al_gam_nletter_maropen
If you missed it simply highlight the address ...
Posted by Doug Fraser
on February 27, 2009
With variable interest rates at 3.75% and 5 year rates at 4.22% buying your home can be cheaper than renting. There are a number of incentives available to help you get that home. Currently our market is experiencing a 3 to 5% drop in value. Activity is starting to pick up. Although some areas across Canada are recording higher declines, we have not seen them here.
You may see some larger discounts ...
Posted by Doug Fraser
on February 22, 2009
Like the buying process, selling your home should a rewarding and stress-free experience.
Your Realtor is there to help you through the process. If you are moving to a larger home, the points under home buying tips may apply.
It's a good idea to bring the Bank up to speed as to your intentions. If you have a mortgage then you will need to find out if you can take it with ...
Posted by Doug Fraser
on February 18, 2009
Buying a home is one of the largest investments you will make. It should be both a pleasant and rewarding experience.
Here are some tips that will save both time and stress.
The first step should be to find out how much you can afford. Rule of thumb is you should have 5% of the purchase or appraised value for the down payment. The bank or mortgage broker may have other options. ...
Posted by Doug Fraser
on February 18, 2009