Ty's Blog

By
Real Estate Broker/Owner - Envelope Real Estate Brokerage Inc
Real Estate Broker of Record & Owner
RECENT BLOG POSTS
  Tenant Turnover & Vacancies This week I was asked by an out of town investor with 11 units if I could assist her in understanding why on paper she should be doing better financially , but in fact, her income was way down because of tenant turnover, vacancies and questionable property manager fe...
01/06/2012
011 proved to be a very busy real estate market in Masonville and Stoneybrook neighbourhoods in North London. With close proximity to The University of Western Ontario (UWO), The Research Park, teaching hospitals and of course, Masonville Mall, this area is a sought after neighbourhood to live an...
01/05/2012
Pond Mills in South East London Ontario remains one of the best values in home prices with 61 houses selling in 2011 for an average price of $202,600 and it has taken about 36 days for a home to sell.    For condos in Pond Mills, $123,023 was the average asking price, 49  sold in 2011 and these w...
01/05/2012
47 homes changed hands in 2011 in  the Hazelden neighbourhood in West London with the average asking price of $425,201 and actually geting $403,940 which was 95% of the asking price and these sold homes were on the market an average 36 days!I In this same period, 12 condos sold with an average as...
01/05/2012
 London Real Estate Market Stable in 2011   2011 proved a solid year for real estate sales in the London and St.Thomas area with 8,048 homes exchanging hands over its twelve-month course -- just 1% down from the previous year.    “It was a little slow coming out of the gate, but in the end we fin...
01/04/2012
211 houses exchanged hands in Old South London & Wortley Village in 2011 with an average selling price    of $266,222 and on average it took 38 days for a home to sell and these homes sold for 98% of the asking price!  3 condos sold in this neighbourhood as well. Old South London remains a desira...
01/04/2012
  There were 90 homes that sold in the Summerside neigbourhood in South east London in 2011.     72 houses sold at an average price of $258,350 and 18 condos at an average $210,211. On average it took 63 days for a home to sell , 42 days for condos and homes sold for 98% of asking price which sh...
01/04/2012
In 2011, 50 houses changed hands in the Riverbend area south of London with an average selling price of $458,654 and 10 condos sold, averaging $397,456.    The average days on market was 64 days for houses & 42 days for condos and these homes sold for 96% of asking price. Again, this neighbourhoo...
01/03/2012
 Homes in Sunningdale, a trendy neighbourhood in North West London with easy and quick access to UWO & Masonville sold quite well in 2011. 49 houses sold at an average price of $536,417 and on average, these homes took 48 days to sell & sold for 97% of asking price. 24 condos sold at an average s...
01/02/2012
 263 houses sold in this great family Oakridge neighbourhood of London Ontario in 2011 with the average selling price being  $301,882 and on average these houses were on the market for 46 days & sold for 98% of the asking price!   88 condos had changed hands, taking 45 days to sell at an average ...
01/02/2012