'Taking Real Estate To The Next Level'

Well Known Builder in Financial Difficulty Over the past week or so, the above headline has been in the news and talks about the home buyers whose homes have not been completed, some defects not corrected or perhaps their deposits forfeited! All these buyers thought they were protected and yet they stand to lose a fair amount of ...

The London and area residential real estate market fared well in 2012 with a total of 8,020 homes changing hands , 28 fewer units than the 8,048 homes sold in 2011. Overall new listings were down 6.2% for detached homes and up 0.9% for condos in 2012. Inventory – the number of active listings at month end – was also down, but only by ...

Buyers Prize Safety, Value & Location        Safety, perceived value and a location close to shopping or transportation are the most important factors Ontarians consider when buying a home, according to a new survey.   Research commissioned by the Ontario Real Estate Association (OREA) ...

    With all the news about a real estate bubble, I felt that  I should show you what the last 3 years have been like concerning single family homes and condos in London and S/W Ontario.      As you can see, London and area has not experienced the boom or bust in prices as other Canadian ...

 Sales last month were up over those of the previous May 2011 by 3.5%, with 751 detached homes exchanging hands and 162 condos. This represents a 7% increase in sales for detached homes and a 10 % decrease in condo sales.   “Active listings at month’s end were down 7.3%, a bit of a departure from what we’ve seen over ...

 Condominium living is a popular option for many Canadians as it can be a relatively carefree housing option. Currently, in some parts of the country, one out of three new homes built is a condominium.      Most  newspapers now include a condominium section which recognizes the increasing number of people who already ...

Will the housing market crash in London Ontario? Is there a real estate bubble in London Ontario?  For the last few months, economists, the heads of three of Canada’s major banks (BMO, CIBC & RBC) agreed that the market is reaching its peak and though they do not foresee a crash, they feel that prices are likely to decrease ...

The proposed Healthy Homes Renovation Tax Credit in the Province of Ontario would be a new permanent, refundable Personal Income Tax credit to assist with the cost of permanent home modifications that improve accessibility or help a senior be more functional or mobile at home. The credit would be worth up to $1,500 each year, ...

This is a story that is being repeated all over the country.  Boomers want to downsize.  This is hardly a surprise.   The surprise or even shock is that it is going to cost them money to live in less space.  To some, it is so appalling that they have decided to stay in their current home.   Boomers own their home in ...

 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 finished strong, despite ...