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Great Tips Before Buying Real Estate in London Ontario (RSS)
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.
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The following article was written more so for the larger metro areas of Canada, however, I still get condo speculators wanting to invest in London Ontario. If you are planning on long term, it makes sense; however, expecting to see 10, 20 or 30% increases
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$500 Housewarming Gift special offer for First-Time Home Buyers This week a new advertising campaign announces a special offer for First-Time Home Buyers. Note that this offer is not applicable to amendments to an existing mortgage, including portability
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As a condominium owner, you are free to rent your unit to whomever you choose. But before you begin looking for the right tenant, it is essential that you understand some of the obligations and restrictions that may impact your search. Each condo has
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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
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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
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Regardless if you are a residential home buyer or seller, a renter or an investor, looking at the current real estate market in London Ontario and the last 10 years of activity shows that the London and South West Ontario Real Estate market is stable.
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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
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“Where is the condo market headed, in Canada & specifically London Ontario ?” I was asked this question today by a client who wants to sell her condo in Toronto and move to London Ontario. Below is part of what I emailed to her. The oversupply
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The Buyer Agency Agreement Earlier this week, I wrote a blog with advice on what to look for in buyer agency and working with an agent or a broker of record. So what happens after you interview a few agents and find one you think will be a good choice?
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The other day on the news there was a report about real estate and the predictions for 2012 and the rising prices as well how in some cities in Canada the real estate market is booming while others remain stable or are declining. For those of you who
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I am always asked when is the best time to list a home in London Ontario or how is real estate doing and what are the average prices. I also hear most excuses why homes do not sell or the rationalization of why some homes sell quicker than others and
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I should warn you before you read anymore that the comments I am going to make are out of frustration and exasperation and are no means to imply that ALL real estate people who list condos are as inept as some of these were. My clients were interested
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Home sales in London Ontario overall in September 2011 were up 19.2% over the previous year, with 589 detached homes and 113 condos exchanging hands. As of September 30, 2011 , year-to-date sales are down only a very modest 0.8% compared to this time
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Competitive pressures ordinarily force providers’ prices to reflect their cost structures. Standard, traditional real estate broker commissions, however, are strangely unrelated to either the quality of the service rendered or the value provided.
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