Jeff Gingerich

Sales Representative

Home Realty Inc., Brokerage*

560 Parkside Drive

Waterloo, ONN2L 5Z4

Main: 519-570-4663 Fax: 519-570-9151
Cell: 519-505-4488
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Kitchener-Waterloo Power of Sale Update January 2010

The beginning of 2010 has brought about increased residential power of sale activity in Kitchener-Waterloo.  As of February 15th, there were 11 properties listed on MLS on the Kitchener-Waterloo Real Estate Board under power of sale.  This marks a significant increase over the 5 power of sale properties active on January 15th.  The median asking price was $249,900 and ...

Kitchener-Waterloo Power of Sale Update December 2009

While questions about Dubai's ability to repay debt were swirling internationally, the improving local economy contributed to lighter power of sale activity in Kitchener-Waterloo at year's end.  Active residential MLS listings under power of sale with the K-W Real Estate Board as of January 15th totalled only 5.  All were located in Kitchener and the average asking price ...

Kitchener-Waterloo Power of Sale Report November 2009

Residential power of sale activity in Kitchener-Waterloo continued to decline in November.  As of December 15, 2009, there were 9 active properties on MLS under power of sale in K-W versus 11 in mid-November.  Four of these properties were condominiums and the remainder detached houses.  The home above is in the exclusive area of Kiwanis Park.  Note the challenge the photographer ...

Kitchener-Waterloo Power of Sale Report October 2009

As of October 15th, there were 12 active residential MLS listings under Power of Sale in Kitchener-Waterloo.  This marks a slight increase over the 11 in September.  Of note, 2 were in Waterloo and the remaining 10 in Kitchener.  As for sales, September saw 17 residential properties sold under Power of Sale in K-W through the Multiple Listing Service.  ...

Paying the Bills

A recent headline in the Toronto Star read "Credit Card Defaults at Record Level".  It indicated a record level of accounts being written off as uncollectable for 3 straight quarters. So what does this have to do with real estate?  Most real estate buyers will need a mortgage.  As part of the approval process, the lenders will turn to a credit reporting agency to determine ...

Kitchener-Waterloo Power of Sale Report September 2009

As of September 15, 2009 there were 11 active listings under Power of Sale in K-W.  This represents a significant decline over the 19 in mid-August.  Of note, all 11 were in Kitchener.  As expected, the active market resulted in the sale of 16 Power of Sale properties in August versus 9 in July.  The low level of homes for sale will continue to mean Power ...

Where Do We Go From Here?

Real estate sales have defied expert predictions as evidenced by Vancouver sales rocketing ahead 117% year-over-year http://tinyurl.com/lmpz9g  However, markets are local in nature so let's look at the Kitchener-Waterloo market year-to-date and where the market is heading in the months to come.    Year-to-date MLS sales to the end of August '09 totalled 3422 versus ...
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