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  • 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 $12,000.00 before construction even starts, and a friend whose home is already 2 weeks behind ...
    Posted to St. John's Real Estate (Weblog) by 85127 on April 27, 2008
  • 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.   The Number of Listings is Way Down Right? IT ...
    Posted to St. John's Real Estate (Weblog) by 85127 on April 2, 2008
  • 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 away with the Oscar for Best Real Estate Market Picture. ...
    Posted to St. John's Real Estate (Weblog) by 85127 on March 8, 2008
  • 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 pretty safe bet, at least for one segment, that we're in a seller's market. ...
    Posted to St. John's Real Estate (Weblog) by 85127 on February 26, 2008
  • 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. 20072006%INC/DEC[ 2006 - 2007 ]Total # of Listings [Month]270339-20%Total # of Listings YTD946193261%Total # of Expired Listings [Month]748806-7%Total # of Expired Listings ...
    Posted to St. John's Real Estate (Weblog) by 85127 on January 6, 2008
  • 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 years, recording a jump of 1,200 in just a three-month period this year between July 1 and Oct. ...
    Posted to St. John's Real Estate (Weblog) by 85127 on December 23, 2007
  • 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 sales were up 68% from October to November this year, and it shows. The inventory is down and ...
    Posted to St. John's Real Estate (Weblog) by 85127 on December 18, 2007
  • 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 sure I’m behind the eight ball on this, but this week I discovered YouTube. Sure I’d ...
    Posted to St. John's Real Estate (Weblog) by 85127 on June 23, 2007
  • 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 homes between $175 – 250,000 with an average price increase of 5.2%.  SINGLE ...
    Posted to St. John's Real Estate (Weblog) by 85127 on January 31, 2007
  • 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 (1.6 and 1.2%) but, compared to other market segments in that area, that could be ...
    Posted to St. John's Real Estate (Weblog) by 85127 on January 29, 2007