RECENT BLOG POSTS
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I had the opportunity to listen to a CMHC (Canada Mortgage and Housing Corporation) speaker recently present their information of London Ontario's real estate market and economy. I will briefly recap some of the main points discussed. This information refers to London, St. Thomas and surrounding ...
03/09/2009
Real Estate homes sales numbers have been updated for the month of February. The news report can be read HERE480 Homes exchanged hands for the month. I predicted in my previous post the number would be around 500 so I was pretty close. This number is obviously down from 2008 February which was on...
03/04/2009
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Ten years from now, what neighbourhood in London, Ontario are going to see a dramatic change in value? Look no further then most people's favorite location to bash - East of Adelaide.The Old East Village (Dundas, Adelaide, Central, Quebec) is currently undergoing a major shift from it's 1990's - ...
02/17/2009
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Looking at the sales activity though the first half of February, it's not all doom and gloom - homes are selling. From what I can see, homes sales for the month are on pace to be around the 500 mark. This would be less then the previous 5 years for February - which would average in the 600's...
02/13/2009
The numbers are in for January and they are down from January 2008 - which everyone knew was coming considering the current economic environment and strong sales last year. The month isn't broken down, but from what I saw home sales were very slow in the first half of January and picked up in the...
02/09/2009
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Are you currently renting in London, Ontario and would like to purchase a home but don't have the necessary down payment to make a purchase? Now is your chance. The City of London has extended and ammended it's no money down program for renters. Details can be found HERE The major change...
02/06/2009
The London Free Press wrote an article on the increase of foreclosed homes in the area. It's not really that surprising, the main reason for the increase being the huge job losses in the manufacturing sector. St. Thomas in particular, as well as other small towns have been hit very hard. Job loss...
01/09/2009
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Results are in for October Real Estate sales for London and surrounding area. The number of home sales are down from last year in October. The information can be found HERE. Judging by the activity in November, it looks like the number of homes sales will be down when compared to November of 2007...
11/12/2008
I haven't commented too much on the current state of the economy in Canada or London. The media and it's entourage have managed to blow things out of proportion again, which is normal. It's created a lot of unknown, uncertainly, and panic amongst the public. Most of it's needless, but you can't a...
10/31/2008
London Ontario's real estate market continues to produce strong numbers. September 2008 was the best September ever for the real estate board in terms of number of sales. See the News Release below.For where the economy is, and where it is headed, London, Ontario is in a good position to withstan...
10/07/2008
Real Estate Resources
Buying or selling real estate in and around London, Ontario, Canada? Then this blog is for you. Buyers and Sellers learn how to buy with no money down, financing tips, information on distress sales, how to prepare your home for sale, sell your home for the most amount of money, information about the real estate market, and much more. Enjoy! Please email or contact me if you have any questions.