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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 ...
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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 ...
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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. ...
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- 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. ...
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I’ve never experienced a real estate market like this since I’ve been selling real estate. Some might say it’s because I only have seven years in the business, but other realtors, some who have been in the business much, much longer, say the same thing. What’s so unusual? It’s the low number of listings on the ...
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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 ...
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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. ...
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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 ...
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People in Killbride would have every right to sit back and smile when they compare their results to the other areas included in the St. John’s region. They were the only area that experienced price increases in all the active market segments. SINGLE FAMILY HOMES < $175,000.00 ...
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It’s important to note here that Southlands refers to the general area not just the subdivision known as Southlands. SINGLE FAMILY HOMES < $175,000.00 ...
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