In my daily travels, the people I meet are primarily concerned with my response to this very important question. As homeowners, we all have a very significant stake in the health of our local real estate market.
My analysis says that there are quite a number of positive factors for Waterloo Region real estate. The supply of homes coming on the market remains stable. The average ...
Posted by Jeff Gingerich
on February 27, 2009
The recent Federal budget provides a temporary incentive for Canadian homeowners to renovate. The temporary HRTC allows a 15% income tax credit on eligible home renovation expenses for work done or goods bought after January 27, 2009 and prior to February 1, 2010. The credit can be claimed for the 2009 tax year on eligible expenses over $1000 up to a maximum of $10,000 thus providing ...
Posted by Jeff Gingerich
on February 19, 2009
Century 21 is featured on the Air Miles home page for the month of February.
Collectors can earn 121 Bonus Air Miles reward miles when buying or selling a property through Century 21.
Gold collectors qualify for 200 Bonus Air Miles reward miles.
For details and to print a coupon, visit www.Century21.ca/Air_Miles/bonus_offers
Posted by Jeff Gingerich
on February 12, 2009
Preliminary figures from the Kitchener-Waterloo Real Estate Board show residential unit sales in January 2009 totalled 217. This figure represents a decline of approx. 28% from January 2008's total of 301. Active residential listings in Kitchener-Waterloo total 1240 or almost a 6 month supply. This would indicate a buyer's market.
However, to put our local real estate ...
Posted by Jeff Gingerich
on February 3, 2009
Over the last number of years, veteran market watchers(those over age 40) always wondered when the local real estate boom would end. My answer was "when the rates go up considerably or the jobs disappear." As recent job losses and layoffs have unfolded, we've once again discovered real estate markets are cyclical. The local market has shifted and a buyer's ...
Posted by Jeff Gingerich
on February 3, 2009