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Belleville, ON Real Estate News

By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
The Quinte & District Real Estate Board released the first quarter results for Belleville Ontario and the Quinte Region and the figures are very interesting. Although the  number of units sold for the first quarter are down slightly  (1.2%) when compared to first quarter 2006, the total dollar volume has increased 18.3% to $125,466,167 when compared to the same period in 2006. Even the total number of listings has decreased by 0.2%  to 1840.The figure that is quite amazing is the average purchase price of a residential home in the Quinte Region which increased by 24.6% to $182,171 in the first quarter compared to $146,236 in 2007.Proudly selling Belleville Ontario real estate  
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
Way back in 1789 ,the year George Washington became President of the United States, approximately 50 United Empire Loyalists settled on the banks of the Bay of Quinte, at the mouth of the Moira river. The Loyalists were individuals who after the American Revolutionary War wished to remain loyal to King George III of England.Originally Belleville was known as Thurlow Village, Singleton's Creek and Meyers' Creek, all named after prominent local residents. One such resident, John Walden Meyers built and ran a number of businesses including a grist mill where people came from towns east and west to grind their wheat. He is credited with building the first brick house in Upper Canada in 1794, the bricks having come from his own brick kiln.Belleville did not get its' current name until 1816 w...
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
I just came across this great little Belleville Ontario web-site, www.bellevilleontario.ca, that offers all types of information: from entertainment/nightlife, a little local news, forums, classified advertising, etc. The input is strictly by the members of the site but there is definite value to it. Make sure you check out the forums as that is where the most info is available.So go check it out!  
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
According to a Royal LePage Realty Services survey the following  facts were disclosed:*     Fifty-eight per cent of buyers revealed that they were willing to make a decision after viewing 10 homes or less,        while only 11 per cent of buyers thought they would have to view  over 20 homes.*     Fifty-two per cent of buyers said the kitchen had the most significant impact on their purchasing decision while 25       per cent said the living room and five per cent the bathroom.Proudly selling Belleville Ontario Real Estate
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
If you are thinking about selling your home, review the following tips to get it ready to list Detach your emotionsRemember, you are about to sell this house and the goal is to create a space which as many people as possible will be able to envision as their potential home. To properly prepare your home for sale you will have to pack away many of your personal items, including photos, souvenirs and other mementos.Clean and reorganizeClean your home from top to bottom and make sure all appliances are spotless. Reorganize the closets and pack away some of your belongings. Storage room is a priority for buyers and a full closet does a poor job of showcasing the amount of storage room available. If you’re using a spare room for storage, pack away the clutter and ensure the space is properly...
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
Belleville, the Friendly City, lies approximately 2 hours east of Toronto and is the largest community in the Quinte region. Belleville and the surrounding Quinte Region has been identified as one of the best areas in Canada in which to live. There are amazing beaches including 4 provincial parks, the beautiful Waterfront Trail, great entertainment including live theatre, fantastic fishing especially walleye, farmer's markets, culinary delights in our local restaurants. There is always something to do in Belleville and the rest of the Quinte region. One of the best things though is the fact that Belleville real estate is still relatively affordable, even for first time home buyers, when compared to other areas of southern Ontario. The average price for a home in the Quinte region at the...
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
So here we are entering the Spring Market and the activity in Belleville real estate is definitely getting into high gear. The only problem is that there seems to be lots of buyers looking but there is a real shortage of homes available. Now this of course is not restricted to Belleville only but the whole Quinte real estate market. Last fall many people, both in real estate and out, were predicting that the Quinte real estate market was ready to pop. The number of sales for September was down 26.7% , October was down 5.9%, November was down 15.3%, and December was down 9.4% when compared to the respective months in the previous year. Now no one has a crystal ball to gaze into but looking at some of the other figures outside of real estate can sometimes give you an idea. For instance, a...
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
Well the statistics are out for the Quinte & District Real Estate Board including Belleville real estate for the month of February 2007. To anyone who sells Belleville real estate or  real estate anywhere else in the Quinte Region the figures come as no surprise. The Belleville and Quinte  real estate market has been strong for some time and it does not appear to be slowing downThe total sales for February 2007 was 238 units, a 18.7% increase over the same period last year The dollar amount of all sales in February 2007 was $37,862,920, an increase of 23.6% over February 2006The average residential sale price on the Quinte & District Real Estate Board for February 2007 was $176,210, compared to $147,380 in February 2006. An increase of 19.6%.The total number of new listings for February...
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By Wayne McMullan, Quinte Real Estate
(Royal LePage ProAlliance Realty)
 Did you know these facts about Belleville Real Estate ?*    That in Belleville, including Thurlow Ward, for the years 2004 through 2006, 43.1% of home sales occurred between March and June. *    That 70.3% of all home sales occurred between March and September for those same years.*    That the average residential sale price on the Quinte & District Real Estate Board increased from $155,795 in December 2005 to $183,018 in December 2006. An increase of 17.5%!!Without a doubt the Belleville Real Estate market and for that matter the Quinte Real Estate market are still very strong. This area is not only influenced by local buyers but also those from the larger urban areas of Toronto, Ottawa, and even Montreal. Many buyers from the larger centres are planning their retirements which includ...
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