There's an old fable about a chicken who thinks the sky is falling because he got hit in the head with a falling acorn. The moral of this fable is to have courage and not to be a "chicken". This "disaster is imminent" message is a common theme in the media today. It appears the residents of Waterloo Region know better.
In what can best be described as a stable market, ...
Posted by Jeff Gingerich
on April 3, 2009
There is an emerging trend for city folk to become town and country folk. The reasons for this trend are many and varied. For some, it comes down to price - more house and land for less money and lower property taxes. For others, they want to escape - the houses that are too close together, the noise, traffic, air pollution, litter and crime. Others see their ...
Posted by Jeff Gingerich
on March 30, 2009
Preliminary sales figures for February 2009 point to mixed results. The Kitchener-Waterloo Real Estate Board saw 290 residential sales which paled by comparison to the 405 sales in February 2008. This equates to approx. a 28% decline in unit sales making it the lowest total recorded in this decade.
However, in my opinion, the glass is half full. Active listings ...
Posted by Jeff Gingerich
on March 3, 2009
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