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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 ...
If you would like to know or even debate the predictions and forecasts by CMHC (Canadian Mortgage Housing Corporation) for London and area for the balance of 2012 and 2013, here is the latest 7 page report.It will cover:Bright Spots in the local economyHousing startsLondon Employment ForecastMortgage Rate ForecastsResidential Investor ForecastsThe ...
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
As you can see, London and area has
not experienced the boom or bust in prices as other Canadian ...
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.
As you will see, there have been no large dips or upswings in prices or activity. ...
is a lot of talk about getting your first house. It is part of the
Canadian Dream to get a house and maybe get a dog named Rover. But maybe
that first home should instead be a duplex. Why would I propose such a
thing? There are simply too many advantages to buying a duplex first.
Buying a duplex has a number of financial advantages ...
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?
Most agents want you to sign some sort of agreement that formalizes