Following a wild ride with a great deal of controversy, the City Of Waterloo Rental Housing licensing program takes effect April 1, 2012. If you are planning on applying for a license, you should contact the Electrical Safety Authority for an inspection to obtain the required ESA certificate. Contact info is 1-877-372-7233 or visit http://esasafe.com.
If, like the ride pictured ...
Posted by Jeff Gingerich
on January 27, 2012
Residential real estate sales in Kitchener Waterloo fell year-over-year with 330 recorded through the MLS this November and 367 in November 2010. However, much like October, the decline can be attributed to plummeting new home sales. Just 19 new homes sold in November 2011 through MLS versus 49 and 63 in the previous Novembers.
Resale homes sold in November homes totalled ...
Posted by Jeff Gingerich
on December 5, 2011
Kitchener Waterloo real estate sales for October remained on solid ground with 348 residential properties under contract through MLS. This represents a slight gain over October 2010's total of 345 sales. Resale homes were significantly higher with 342 sales versus 318 last October. Much like September, the real story is the precipitous decline of new ...
Posted by Jeff Gingerich
on November 1, 2011
Low interest rates continued to entice Kitchener Waterloo homebuyers into the market in August as 351 residential MLS sales were recorded. This is down slightly over the 369 in August 2010. However, August 2010 saw sales of 41 new homes versus 17 this August. Sales of used homes or resales in August were up 2% year-over-year.
Readers of this blog will recall ...
Posted by Jeff Gingerich
on September 5, 2011
Central air conditioning and swimming pools were popular features for Kitchener Waterloo buyers as 367 MLS properties changed hands during our July heat wave. Of these, 27 were new construction and 340 were resale or used homes. As detailed previously, we achieve a better understanding of the current market by looking at just resale homes. The ...
Posted by Jeff Gingerich
on August 2, 2011
Record rainfall dampened April 2011 residential sales as Kitchener Waterloo recorded 455 MLS sales, off 16% from April 2010 results. New home sales totalled 38, an increase over the 31 sold in April 2010. Resale unit sales were off 18% year-over-year. There was some good news as April sales averaged just 39 days on the market and an average price of $305,379 versus ...
Posted by Jeff Gingerich
on May 4, 2011
There were no bargains to be had in March as brisk Kitchener Waterloo residential MLS sales carried over to power of sale activity. There were 10 properties sold under power of sale in March. The average list price to sale price ratio was 99% and the average days on the market for these sales was just 27. The Royal Bank, Bank of Montreal and Firstline/CIBC ...
Posted by Jeff Gingerich
on April 16, 2011
As occupations go, a day in the life of a Kitchener Waterloo Realtor is generally pretty safe. However, while showing houses for sale on the weekend, I was amazed how many had no railings on the stairs to the basement. I personally know 2 Realtors who suffered serious injuries losing their balance on staircases. In one case, a lawsuit ensued and the Realtor ...
Posted by Jeff Gingerich
on April 11, 2011
First-time sellers of Kitchener Waterloo real estate often struggle with this question. Twenty-two years of selling real estate has taught me there is an ideal time to sell every home. Choosing the wrong time of the year to sell can cost a seller thousands of dollars in hard earned equity. Other times, it can result in an expired listing or a ...
Posted by Jeff Gingerich
on April 6, 2011
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