CENTURY 21 First Canadian Corp., Brokerage*
- 420 York Street
London, ON N6B 1R1
WHY YOU SHOULD ALWAYS USE A REALTOR!!
Pat Hazard Custom Homes
Looking for a house to buy or trying to sell your property?
As a CENTURY 21® Real Estate professional, I am an advisor who can help you achieve your goal. I am very loyal and dedicated to my clients- offering the highest customer service and providing the most accurate guidance during the entire process. Based on knowledge and expertise I can help you make the right decision. I offer superior work ethic, professional integrity and have a proven work track record of customer satisfaction. I am known for providing accurate property evaluations, proven marketing strategies and my tough negotiating skills. Let me assist you when making this decision. It is one of the most important decisions of your life.
My slogan: "Experience and commitment beyond your expectations"
Esta pensando en comprar casa o esta tratando de vender su propiedad?
Como profesional en Finca Raiz de CENTURY 21®, soy una asesora que podria ayudarle a lograr su objetivo. Soy leal y dedicada a mis clients ofreciendo el mas alto nivel de servicio al cliente, ademas de proveer una completa guia durante todo el proceso, basada en el conocimiento y experiencia con los cuales ud podra tomar la decision mas adecuada. Ofrezco alto nivel de etica, integridad profesional y comprobado historial de clientes satisfechos. Soy reconocida por proveer apropiada evaluacion en precio de las propiedades, establecer adecuadas estrategias de mercadeo y excelentes tecnicas de negociacion. Dejeme asistirle en esta importante decision de su vida.
Mi eslogan: "Experiencia y compromiso mas alla de sus expectativas"
2015 Awards Century21
Home Price Comparison: New versus Existing
Share on facebookShare on twitterShare on linkedinShare on google_plusone_shareShare on emailMore Sharing Services68
- Newly constructed homes are carrying a hefty premium over existing homes. The gap, which historically had been 15 to 20 percent, has in recent years widened to 30 to 40 percent. That suggests either existing home prices are much cheaper in relation to the newly built homes and/or that there is just not enough new homes being produced.
- In the most recent monthly data, in November, the median home price of a newly constructed home was $280,900 while the median price of an existing home was $206,200. This gap is 36 percent.
- Indeed, too few new homes are being constructed. Even though single-family housing starts are projected to have risen for the fourth time in the past five years, the level is essentially at a deep recession level. This year’s single-family housing starts look to hit 650,000. But the normal should be at least a million. Persistent underproduction of new homes is one key reason for pushing up prices. From 2004 to 2014, a typical newly constructed home price will have risen by 27 percent.
- Meanwhile, a typical existing home price has risen by 25 percent in the past three years. Even so, the decade growth in home price, due to the downward correction that occurred during the housing bust, is only 8 percent. Over the same decade, from 2004 to 2014, a typical apartment rent grew by 31 percent. In other words, home prices are not rising too fast or to a new bubble. Rather, the shortage of new construction is leading to the premium on the new homes to expand.
- If housing starts do not revive quickly and robustly then new home price premium could rise even further. NAR projects single-family housing starts to rise to 820,000 in 2015. That would be a nice growth and good news for homebuilders. Still it would be under the historical average.
Lawrence Yun is Chief Economist and Senior Vice President of Research at NAR. He directs research activity for the association and regularly provides commentary on real estate market trends for its 1 million REALTOR® members.
[Cited from NAR]
Ask me how to earn AIR MILES® reward miles when you buy or sell a home through me.
- New Homes
- First time Buyers
- Investment Properties
- Venta de Casas usadas
- Compra de Casas Nuevas
- Compradores por primera vez
- Propiedades de inversion
EDUCATION AND PROFESSIONAL BACKGROUND
- Bachelor's Degree in Business Administration with specialization in Finance
- Project Management Certificate
- More than 15 yrs of professional experience in the banking industry, as Branch Manager, Business and Corporate Associate
- More than 8 yrs of professional experience as Mortgage Consultant, currently working at Real Mortgage Associates - RMA
- More than 5 yrs of professional experience as Real Estate Sales Representative
- Titulo profesional como Administradora de Empresas con especializacion en Finanzas
- Certificado en Gerencia de Proyectos
- Mas de 15 anos de experiencia profesional en la industria bancaria, en posiciones como Gerente de Oficina, Gerente de cuenta de Banca Empresarial y Corporativa
- Mas de 8 anos de experiencia profesional como Consultor de Hipotecas, actualmente trabajando en Real Mortgage Associates - RMA
- Mas de 5 anos de experiencia profesional como Representate de Ventas de finca raiz
Born in Colombia and living in Canada for more than 13 yrs
Nacida en Colombia y viviendo en Canada por mas de 13 anos
CENTURY 21® Awards* CENTURY 21 Awards Criteria
- 2015 - Masters Emerald
- 2014 - Masters Ruby
- 2013 - Masters Ruby
- 2012 - Masters Ruby
- 2011 - Masters Ruby
- 2010 - Masters Ruby