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
Today's post deals with the challenges of buying a home in a seller's market. First, let's look at a bit of recent history. In November of 2008, fear and uncertainty were in the air. Overextended sellers were anxious to unload their properties at a discount. Buyers, following years of a seller's market, were finally in control. Unfortunately for buyers, ...
Posted by Jeff Gingerich
on November 28, 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