Ty's Blog

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Real Estate Broker/Owner - Envelope Real Estate Brokerage Inc
Real Estate Broker of Record & Owner
RECENT BLOG POSTS
  “Where is the condo market headed, in Canada & specifically London Ontario?” I was asked this question today by a client who wants to sell her condo in Toronto and move to London Ontario. Below is part of what I emailed to her. The oversupply of condominiums in Canada is becoming a concern as t...
01/24/2012
Will the housing market crash in London Ontario? Is there a real estate bubble in London Ontario?  For the last few months, economists, the heads of three of Canada’s major banks (BMO, CIBC & RBC) agreed that the market is reaching its peak and though they do not foresee a crash, they feel that p...
01/24/2012
The proposed Healthy Homes Renovation Tax Credit in the Province of Ontario would be a new permanent, refundable Personal Income Tax credit to assist with the cost of permanent home modifications that improve accessibility or help a senior be more functional or mobile at home. The credit would be...
01/18/2012
As with all municipalities in Canada and the US, officials are finding innovative ways to save taxpayers money! As well, with obesity levels rising across North America, a group of top level economists, legislators, gurus and academics have come up with a way to combat both. As a picture is worth...
01/18/2012
 In 2011, 31 homes changed hands in Komoka with the average asking price of $347, 491 which actually sold for 97% of asking which was $338,543 and these were on the market for 48 days.    Komokais less than 15 minutes west of London with easy access to Highways 402 and 401. Komoka is between Mt.B...
01/17/2012
City of London renews commitment to make homeownership easier The City of London has announced the renewal of a program offering affordable homeownership. This very successful program, previously known as the Affordable Homeownership Program has been renamed Investment in Affordable Housing Homeo...
01/16/2012
Valerie Zinger, a real estate representative in Ottawa wrote this blog that I thought I would pass along. Last year alone I had 9 clients decide to stay in their existing home or extensively upgrade the home instead of downsizing. They too had "bumper shock" or should I say "door shock" when they...
01/13/2012
    31 Houses in Kilworth, a short drive from London  sold in 2011. On average these were on the market for 43 days and they sold for on average of $397,810 which was 97% of the asking price of $409,533. Currently there are 7 homes for sale in Kilworth with an average asking price of $411,736. A...
01/13/2012
143 homes sold in Lambeth and Westwinds neighbourhoods in South West London for 2011.   The average asking price was $372,629 and the homes that did sell, sold for 98% of asking and these were on the market an average 69 days.   Lambeth is rapidly growing along with homes being built along the c...
01/12/2012
Are You Cut Out For the Real Estate Business? During the course of handling 4 transaction this week, a client saw that I was a little exasperated with a another REALTOR and when I told her why her response was “Why are they in the real estate business then?” I am sure that I have disturbed the d...
01/10/2012
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Real Estate Broker of Record & Owner