Greg's Real Estate Blog

Sometimes we just need a short synopsis of how to get something done.  This is a friendly list of things to do to help you sell your home quickly for top dollar.  If something here troubles you, please understand that I am being brief and cannot completely cover the essence of why these suggestio...

Housing starts for February 2009 have declined in St. John's, Newfoundland by 12% as compared to the February 2008 stats, according to a market report from CMHC.  The senior market analyst Chris Janes indicated that this decline compares favourably to that of a 59% pull back in urban Canada.   Ac...

As expected, 2009 is shaping up to be a moderately slower year for real estate sales in Newfoundland than was 2008.  We see from the MLS statistics report published by the Newfoundland and Labrador Association of Realtors that new listings for the year are down slightly by 3% from the 2008 level,...

Did you ever think you would see this day?  The Bank of Canada prime rate is down to 2.5%.  I almost need help saying it.  My lips just don't purse enough to speak of interest rates that way.  The message that one must take from this is that somone wants you and I to borrow more money.  The gover...

Here is a 1.06 Acre piece of land right in the middle of St. John's for a Commercial Development.  It's a busy location not far from the newest Domminon Store on Blackmarsh Road.  Asking price is now $640,000 reduced from $690,000.  Good location for Condos, Strip Mall, Hotel, Office Building or ...

Standing boldly above the landscape where once the Fort Townshend stood, The Rooms looks alertly over old St. John's.  It is a modern piece of real estate like no other on the Island.  It houses the artifacts, archaeology and architecture of Newfoundland and Labrador.  Here at The Rooms, the arch...

In Newfoundland, we talk a lot about the weather because, well, we just get so much of it.  And this is usually a year round fair comment on our climate.  Perhaps you will have heard the old adage often used on the Rock, "If you don't like the weather in Newfoundland, just wait 20 minutes and it ...

According to the Senior Market Analyst with CMHC, the fourth quarter average MLS® prices in St. John's surged 27% to $193,529 compared to $152,160 during the fourth quarter of 2007, representing the only growth market in Canada.  Prices spiked in the 2008 as there were often multiple buyers for t...

Have you ever thought of going to the Far East?  I am not talking about the Far East from whence the wise men came with a caravan of gifts for Jesus.  I'm talking about the far east of North America where you can acquire the badge that says "I Have Seen the East and Really Lived!"  OK, perhaps th...

Well, the highly anticipated visit of US President Barack Obama finally happened today. He and the Canadian Prime Minister, Steven Harper met with the press to answer a barrage of questions about our inter country relations, bilateral trade, border security, the environment, the war in Afghanista...