With a long winter behind us, Kitchener Waterloo home buyers were out in full force in March. Preliminary numbers from the Kitchener Waterloo MLS show residential sales of 457 properties in Kitchener Waterloo. Of those, 36 were brand new and 421 were resales. For comparison, in the pre-HST buying spree of March 2010, there were 546 March sales with 69 new and 479 resales. For ...
Posted by Jeff Gingerich
on April 4, 2011
Following a week away for the Century 21 International Convention, here is the final instalment of the top 10 things I love about living in Westvale.
#1 - Volunteers
It's been said "many hands make light work" and the spirit of volunteerism is alive and well in Westvale. Many of the events and activities I've chronicled in the past weeks couldn't happen without the generous ...
Posted by Jeff Gingerich
on March 30, 2011
It's often said been that the three most important things about real estate are location, location, location. With that in mind, here is another of the top 10 things I love about living in the Westvale area of Waterloo.
#2 Location
Five minutes! It's amazing how many important local points of interest are just 5 minutes away from Westvale. Among these are Uptown ...
Posted by Jeff Gingerich
on March 9, 2011
After a record-setting 2010, sales of million dollar homes in Kitchener Waterloo are poised to hit new heights. Million dollar residential sales on MLS already total 4 year-to-date in Kitchener Waterloo following 12 in 2010. The average sale price for these homes was $1.219 million and it took 125 days to find a buyer on average. Buyers are driving a hard bargain ...
Posted by Jeff Gingerich
on March 8, 2011
February 2011 saw healthy MLS residential sales results in Kitchener Waterloo. Unit sales totalled 373 for a decline of approximately 4% over February 2010 sales of 385. Of note, Kitchener Waterloo homebuilders experienced a 46% surge with 60 new home sales through MLS versus 41 for last February. This left resale properties off by 9% year-over-year(313 vs. ...
Posted by Jeff Gingerich
on March 3, 2011
As we enter March, we look forward to warmer temperatures, melting snow and more daylight. Here is another of the top 10 things I love about living in the Westvale area of Waterloo, Ontario:
#3 Variety of Housing
In contrast to the sameness of new subdivisions like the one pictured above, Westvale has a nice variety of housing styles. Shrinking ...
Posted by Jeff Gingerich
on March 2, 2011
Just finished reading a thought provoking book by Canadian economist Jeff Rubin called Why Your World Is About To Get A Whole Lot Smaller. The book makes a number of predictions including $200/barrel oil, $2/litre gas in Canada($7/gallon in the U.S.), escalating food prices, and the return of some manufacturing jobs as shipping costs rise. The book is well-researched and written ...
Posted by Jeff Gingerich
on February 28, 2011
Another week is behind us and it seemed everywhere you looked, protest and political upheaval dominated the news. This serves to remind Canadians how fortunate we are to live in a democracy. It also brings to mind another thing we sometimes take for granted. Here is another of the top 10 things I love about living in Westvale:
#4 A Safe Neighbourhood ...
Posted by Jeff Gingerich
on February 23, 2011
As the snow melts and it starts to feel like Spring, the neighbourhood comes alive. You begin to see more people out for a walk enjoying the relatively mild weather. I read a blog post last week about a lady who was struggling to clear her driveway of snow with her husband away and 2 small children to care for. It recounted how her neighbour failed to offer ...
Posted by Jeff Gingerich
on February 16, 2011
Strong residential demand and low MLS resale inventory combined to create brisk activity on Kitchener Waterloo power of sale properties in January. Ten properties sold under power of sale for an average of 99% of the asking price with many attracting multiple offers. This equalled the 10 power of sales properties sold in December. The average days on the market ...
Posted by Jeff Gingerich
on February 15, 2011