Tim's Blog

Real Estate Sales Representative - RED and WHITE Realty
My friend's daughter went out for halloween as a For Sale sign. Not just any For Sale sign.
Dispite a sizzling hot market characterized short supply and and high demand resulting in quick sales, multiple offer situations and frustrated buyers, average prices do not seem to be increasing dramatically. Number of Units Sold per Month   JUL AUG 2008 666 471 2009 661 594 Fewer properties sol...
Earlier today RE/MAX released its 2009 Recreational Property Report. Starting prices for properties in high end Ontario markets like Port Carling, Bala, Midland and Collingwood saw significant declines of 10 to 15 percent and currently sit at around $450,000 to $550,000. Some low to mid-range mar...
First Quarter of 2009 saw sales for residential properties in the Kitchener-Waterloo market area drop by nearly one quarter from 1,484 to 1,121 units. Average sale prices remain stable, but at five to six percent lower values than last year. Average sale price for all residential properties sold ...
    Ontario Minister of Energy and Infrastructure, George Smitherman introduced the Green Energy Act as Bill 150 in the Provincial Legislature this past Monday. I am not in favour of this act at this time. At best, this is a good idea at the wrong time. Under the heading, "Mandatory conservation ...
These items can determine whether or not a buyer will make an offer on your home. Most people don't think about these but they are an important part of preparing your home for sale. Buyers want to envision themselves living in the house, and if the home is not presented in a manner that will all...
In 2008 6,115 residential properties sold on the Kitchener Waterloo Real estate Board's MLS (R). This represents a decrease of 10.2 percent from 2007. The average price of all properties sold was $264,312. That's up 6.2 percent from 2007. On average these properties took 47 days to sell and sold ...
I have a friend who is a real estate analyst for the federal government, he wrote me an email this morning asking... "(I've noticed) some really cheap looking sales ... and a number of listings that are just sitting, but average prices are not seemingly affected???  I just don't get it???" I don'...
Of the 503 properties that have sold in our market to-date in November and December 2008, 212 (42%) received price reductions of an average 5.2% before they were sold. This represents a shift in a market that has been characterised by properties selling near or even over their original list price...
Average prices in Kitchener-Waterloo continue to hold steady at around $265,000, which is where they have been for most of this year. RE/MAX's Market Outlook Report for 2008 predicted a 5% increase in average prices for 2008. The market in fact bettered that by increasing more than 6% to its curr...


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