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The New Rules: Selling Your Home in St. John's

Just in time for the holiday season the Canadian Real Estate Association (CREA) and Competition Bureau have gift wrapped a new deal that impacts the housing market in Canada. In October, amid complaints of anti-competition, the Competition Bureau and Read More...
Posted Wednesday, December 01, 2010 8:45 AM by Larry Hann | 1 Comments

CMHC Release: St. John's Housing Market Outlook Healthy for 2009 - 2010

Canada Mortgage and Housing Corporation (CMHC) released this report yesterday. I thought readers would be interested in what Chris Janes, CMHC's senior market analysthere in St. John's, had to say about the local market. ST. JOHN'S, May 19 Read More...
Posted Wednesday, May 20, 2009 3:07 PM by Larry Hann | 0 Comments

7 Tips to Ensure Building Your Dream Home Doesn't Become a Nightmare

In seven years I have handled 100+ new homes builds with my clients. New home builds are always trickier to manage than buying a resale home. This year it became a little more complicated. For instance, I have a client whose costs to build just went up Read More...
Posted Sunday, April 27, 2008 5:35 PM by Larry Hann | 1 Comments

St. John's Real Estate - March Stats Reveal Best Areas for Buyers and Sellers

I always like to drill a little deeper into real estate statistics. It generally gives you a better picture of how a particular set of numbers affect your personal situation. NLAR released their March statistics on Monday and little analysis proved interesting. Read More...
Posted Wednesday, April 02, 2008 8:48 AM by Larry Hann | 0 Comments

St. John's Real Estate Wins the Oscar for Best Market Picture

Why Such a Big Prize This past week CMHC (Canada Mortgage and Housing Corporation) presented their annual real estate review and projections for the coming year. Once it was all said and done the St. John’s CMA (Census Metropolitan Area) area walked Read More...
Posted Saturday, March 08, 2008 10:36 AM by Larry Hann | 0 Comments

What a wild ride for St. John's real estate

- this past week. I spoke to four agents that had listings sell well above asking within days of being placed on the market. There's a qualifier though. All of these homes were priced between $150,000 - $200,000.00. Based on the facts, it's a Read More...
Posted Tuesday, February 26, 2008 7:02 AM by Larry Hann | 0 Comments

Newfoundland and Labrador Real Estate Market Report

The most recent stats from the Newfoundland and Labrador Association of Realtors (NLAR) paint an interesting picture of the provincial real estate market. 2007 2006 %INC/DEC [ 2006 - 2007 ] Total # of Listings [Month] 270 339 -20% Total # of Listings Read More...
Posted Sunday, January 06, 2008 10:15 AM by Larry Hann | 0 Comments

Good News for the St. John's Real Estate Market

Remember last week when I told you that Newfoundlanders were on a home buying spree, well this week Stats Canada says they’re coming home in droves. To be exact “…….the province's population had its largest increase in 15 Read More...
Posted Sunday, December 23, 2007 4:02 AM by Larry Hann | 1 Comments

Sellers Take Note – Buyers Beware! The St. John’s Real Estate Market is on a Roll.

According to yesterday’s edition of the Globe and Mail people in this province are on a home buying binge, and they have the statistics to prove it. In November home sales were up a whopping 72% over November last year. In St. John’s home Read More...
Posted Tuesday, December 18, 2007 10:17 AM by Larry Hann | 0 Comments

What Codco Taught Me About Real Estate Marketing

I’ve discovered that unless writing is something that comes fairly easily to you, it’s hard to maintain a blog. I’m about to try again. Maybe it’s a bit like quitting smoking, you keep trying until you are successful. I’m Read More...
Posted Saturday, June 23, 2007 5:10 PM by Larry Hann | 0 Comments

St. John's West Real Estate Watch

Compared to 2005 there were bargains to be had in the condo market this past year, with prices for condos less than $175,000 down by 6.5% from the previous year. They also took almost twice as long to sell. The best price gains were found in the 2 apartment Read More...
Posted Wednesday, January 31, 2007 7:51 AM by Larry Hann | 0 Comments

St. John's North Market Watch

Well when you take a look at St. John's North the people who sold single family homes under $175,000, and from $175,100 - $250,000 get the nod for best performance. Sales were up 16% and 25% respectively. Prices didn't appreciate all that much Read More...
Posted Monday, January 29, 2007 6:10 AM by Larry Hann | 0 Comments