London, ON Real Estate News

By Fox Bloggers, Get to know the Ontario Real Estate Market
Taking tours through homes that may someday be yours can be a lot of fun. But, it's important that you're actually paying attention to the house to see if there are any red flags to signal there may be something wrong. If you're new to house hunting, then you might not know what to look for when viewing a house. Here are six red flags you could encounter in any home and what they could mean:1. Doors That Don't CloseThe first thing you might notice is that some of the doors in the house have trouble opening and closing. While this may seem like a little thing, it could be the result of a big problem. Doors struggling to function properly are an indicator that the framing around the door has shifted, resulting in it being out of square. This means that the building is having a shifting is...
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By Victoria Carter Guaranteed Services, TwoMoveYou
(TwoMoveYou Guaranteed Real Estate Brokered by Century 21 Percy Fulton Ltd., Brokerage)
SOLD OVER ASKING PRICE!Thank you for your trust. We truly appreciate it and looking forward to serving you again. Kirk Rickman and Victoria CarterTwoMoveYou Real Estate Century 21 Brighton6 Ironwood Cres, Brighton, ON K0K 1H0Phone: (647) 697-7413 
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By Victoria Carter Guaranteed Services, TwoMoveYou
(TwoMoveYou Guaranteed Real Estate Brokered by Century 21 Percy Fulton Ltd., Brokerage)
Are you looking for a home in London, Ontario? Are you a home buyer looking in Middlesex County? Look no further! LOVE THE HOME YOU BUY IN LONDON, OR WE'LL BUY IT BACK GUARANTEED.    TwoMoveYou Realtors, Victoria Carter and Kirk Rickman, Century 21 Percy Fulton Ltd., Brokerage in Middlesex County have lists of homes available under $580K.  They also protect their buyers by offering a guarantee that if you don't love your home within 24 months of owning it, they will buy it back from you!   Open, Airy, Modern and Bright. This Beautiful 3 bedroom (2+1) bungalow has a functional. Open Concept Layout, that is sure to impress! Super Spacious design With Vaulted Ceiling and Modern Color Scheme, allowing you room to breathe, yet giving you the feeling of coziness and the safety of home. The be...
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By Victoria Carter Guaranteed Services, TwoMoveYou
(TwoMoveYou Guaranteed Real Estate Brokered by Century 21 Percy Fulton Ltd., Brokerage)
Are you looking for a home in London, Ontario? Are you a home buyer looking in Middlesex County? Look no further! LOVE THE HOME YOU BUY IN LONDON, OR WE'LL BUY IT BACK GUARANTEED.    TwoMoveYou Realtors, Victoria Carter and Kirk Rickman, Century 21 Percy Fulton Ltd., Brokerage in Middlesex County have lists of homes available under $580K.  They also protect their buyers by offering a guarantee that if you don't love your home within 24 months of owning it, they will buy it back from you!  Open, Airy, Modern and Bright. This Beautiful 3 bedroom (2+1) bungalow has a functional. Open Concept Layout, that is sure to impress! Super Spacious design With Vaulted Ceiling and Modern Color Scheme, allowing you room to breathe, yet giving you the feeling of coziness and the safety of home. The bea...
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By Stephanie Bilodeau, Broker
(Red Door Realty Ltd, Brokerage)
Homes for sale in Fairmont Neighbourhood of London, OntarioLocated in South East London Ontario, Fairmont is a great neighbourhood that was established in the late 1950's. A family neighbourhood with single family detached homes, semi's, townhomes as well as some duplex properties in the area. With easy access to the 401, commuting is a breeze. If you are interested in homes for sale in Fairmont neighbourhood of London, Ontario  call me today to view current properties listed for sale.Why live in Fairmont?Fairmont boast several schools, parks, shopping, churches and a YMCA. Everything you could want and more. Situated right next to the Hamilton Rd Business area where there are great bakeries, restaurants and a library. Fairmont is on a major bus route providing easy access to other area...
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By Stephanie Bilodeau, Broker
(Red Door Realty Ltd, Brokerage)
Have you been thinking about investing in London Ontario Real Estate? There is no better time than now to purchase a property in London Ontario. While some cities have home prices that are extremely high London Ontario is still considered one of the more affordable cites to live in.What does London Ontario have to offer?1. University and College2. Great Medical System including several Hospitals3. Shopping4. Arts and Culture5. SportsThese are just a few things London Ontario offers. Of course we are centrally located between Toronto, Niagara Falls and Detroit.So if you are thinking of Investing In London Ontario I can help you look for single family homes, Duplexes, Triplex or larger properties to suit your needs.  Please contact me today for more informationStephanie Bilodeau BrokerRed...
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By Daniela Schmidt, Daniela Schmidt, Sales Rep, Keller Williams Realty
(Keller Williams Lifestyles Realty, Brokerage)
The London & St. Thomas Real Estate Association (LSTAR) Market Statistics for the month Ending May, 2013 came out yesterday and I have my little summary done (already). No need to send your congratulations or to applause.   This is my favourate compilation of statistics that interest me. I like them because they are easy and stats are not always my thing.   These London & St. Thomas Real Estate Market Statistics for Month Ending May, 2013 are for detached homes in LSTAR's jurisdiction. If you are curious about other area statistics, please contact me.                                   May 2013                Last Month                 May 2012   Detached Units Sold:     789                           720                          751  Detached Units Active:  3171                         ...
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By Daniela Schmidt, Daniela Schmidt, Sales Rep, Keller Williams Realty
(Keller Williams Lifestyles Realty, Brokerage)
As a London, Ontario Realtor - Look at what I sold!      She fell for the classic 'secluded' garden and he went head-over-heels for the well constructed house.  Private garden with patio &  balcony (obscured by umbrella.)   The Buyers and I searched for many months to find this "10" of a home. The obscure object of our search was a perfect home in Old South or in Old North in London, Ontario.    Earlier on the day we saw this house we spoke about how a "5" was as good as a "10" in these desirable areas of old homes of rare condition and charm. Who knew that we would see this treasure? This is a perfect match of Buyers and Home.   The wording on the listing stated: Gracious home with centre hall plan overlooking St. Peters` Seminary Grounds. Upscale neutral decor throughout. Beautifully ...
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By Daniela Schmidt, Daniela Schmidt, Sales Rep, Keller Williams Realty
(Keller Williams Lifestyles Realty, Brokerage)
Need a Change? Come to the London, Ontario Real Estate Career Night June 4, 2013 at Keller Williams Lifestyles Realty. Short informational seminar followed by Q & A period starts at 7 p.m. Contact me to save you a chair. Feel free to bring along a friend to share this with you.        So... Is Keller Williams ready for you? Are you ready for Keller Williams Realty? To be clear: this is not a job. This is a sub-contract opportunity with support, training and mentoring. Real Estate sales is not hard but isn't easy either! - legal - technological - commission income - and other complexities of the Real Estate marketplace - are challenging. And the potential rewards are limited only by your imagination and dedication to success! If you have the drive and determination, you can count on get...
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By Daniela Schmidt, Daniela Schmidt, Sales Rep, Keller Williams Realty
(Keller Williams Lifestyles Realty, Brokerage)
London & St. Thomas Real Estate Market Statistics for Month Ending April 2013     Better late than never for those who appreciate their stats timely. I will do better with the May numbers. This is a compilation of statistics that interest me.  These London & St. Thomas Real Estate Market Statistics for Month Ending April 2013 are for detached homes in LSTAR's jurisdiction. Anyone curious about more specific area statistics may contact me.                                            April 2013                  Last Month                   April 2012   Detached Units Sold:              720                             495                              716                                            Detached Units Active:           2963                          2628                            ...
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By Alex Gurchin
(Keller Williams LIfestyles Realty)
I began coaching hockey and softball many years ago, even before my wife and I had children. I think I began coaching my nephew if I remember correctly. Anyhow, I recall telling the kids, especially during hockey season, that there are three ways to get on the game sheet... 1 - Get a goal. Just put the biscuit in the basket, and you're on the game sheet. Just stand at the net and let the puck hit you if you have to. 2 - Get an assist. Help out. Pass the puck. Just touch the puck, or pass it to 'the kid that scores all the goals!' 3 - Get a penalty. Hey, if you can't score, and don't pass the puck to assist, a penalty gets your name on the game sheet. So, yesterday, as I was cruising Facebook, I came across this... A - I didn't even realize that we kept score, let alone had a game sheet,...
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By Alex Gurchin
(Keller Williams LIfestyles Realty)
FACT - Approximately 90% of all homes are SOLD by Realtors vs 10% For Sale By Owner You may be asking ' Why do Realtors seem to get more qualified Buyers? ' Well, let me see if I an answer that for you.  There are 4 main types of Buyer; The Relocating Buyer -             This type of buyer generally wants to work with a professional Realtor. These buyers usually have a limited amount of time to find a home, and searching ads would be time consuming. While these buyers are highly qualified to buy, they are moving into unfamiliar territory and generally prefer to utilize a Professional Realtor that can show them the best homes in the shortest amount of time. The Relocation Buyer is one of the best buyers since they are highly qualified and ready to buy! Special Needs Buyer -         This ...
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By Alex Gurchin
(Keller Williams LIfestyles Realty)
Yup, it's that time of year when Keller Williams Realtors and staff head out into the community to clean it up. Here in London, Ontario, we're doing our part to pitch in. Tomorrow from 8:30am to 4pm over 40 Keller Williams Lifestyles Realtors and staff will be heading to Gibbons Park to remove trash, plant trees and clean up the graffiti. It's our second time out, and were looking forward to a great time. Here's a picture of the crew from last year, our first year in business and our first Red Day event. I'll post pictures from tomrrow's even next week. Oh, and by the way, if you're in the London, Ontario area near Gibbons Park, we will have an extra garbage bag just for you. Come on out to help pitch in ;^)"
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Strengthening London’s Neighbourhoods The folks at London Strengthening Neighbourhoods Strategyhave a great website where Londoner’s can promote their neighbourhood by posting “Little Gems” or announce an event or simply share what they love about their neighbourhood. It’s also a great place to browse and learn all about London. Quoting their home page: " ABOUT LSNS What is London Strengthening Neighbourhoods Strategy? The LSNS Strategy and Implementation Plan is a road map that contains the collective ideas of a group of London’s residents for creating the best city they can imagine. In order to help increase neighbourhood and community pride, this resident driven strategy hopes to make London’s neighbourhoods stronger. We truly believe that our city can make the greatest impact if we ...
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London and area home sales down slightly from a year ago The London St. Thomas Association of Realtors® (LSTAR) reported that home sales declined in March by 4.8 % compared to March 2011. A total of 770 homes were sold by Realtors® in March.  Condo sales continue to be much softer than a year ago, down by 13.3% from last March to 147. 623 detached homes were dealt, lower by 3.7% than March 2011. The number of active listings available at the end of March was up by 2.5%, compared to a year ago. Average prices are still slightly higher than where they started 2012 at, despite the lower sales and the higher number of active listings. Our market can still be described as “balanced” Balanced Market: In a balanced market, the number of homes for sale satisfies the demand. Characteristics of t...
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By Ty Lacroix
(Envelope Real Estate Brokerage Inc)
On par with most of London Ontario real estate activity, the first 3 months of 2012 saw 11 houses exchange hands for an average asking price of $432,245 days and these homes took approximately 30 days to sell.    In the same period, 2 condos sold (there are very few condos in this upscale neighbourhood) for an average $259,900 and were on the market for 37 days!   There are new listings on the market and I know of three that I personally will be listing shortly, watch for them!
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By Ty Lacroix
(Envelope Real Estate Brokerage Inc)
 The Oakridge neighbourhood in west London continues to be a sought after neighbour with 69 houses and 23 condos exchanging hands from January 1 to March 31, 2012. The average house was listed for $308,962 and condos for $181,626 and those that sold received 98% of the asking price. It took 52 days for houses and 60 days for condos to sell, which is the  mean average for London Ontario.  As with any market, some sold in 2-5 days while some are still languishing on the market. Numbers do not lie when backed up by facts. Realistic home buyers and home sellers understand this maxim and have moved on!
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By Ty Lacroix
(Envelope Real Estate Brokerage Inc)
48 homes sold in Old South London, Wortley Village from January 1 to March 31 , 2012! Taking into consideration the size of this small sought after eclectic array of homes, the 48 sales are remarkable!  The average selling price was $288,477 and these homes sold for 98% of their asking price and only took 39 days to sell, well under the London and area average!  Just driving through the neighbourhood you will notice many home owners doing cosmetic or even major improvements to their homes! Keep it up!
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By Ty Lacroix
(Envelope Real Estate Brokerage Inc)
The Sunningdale neighbourhood in North London is still quite active from January 1 to March 31 , 2012 with 8 houses and 4 condos selling.  The average asking price of a house in Sunningdale was $448,250 and for condos it was $356,150. It took 17 days and 99% of asking price for houses and condos were on the market for 30 days and they sold for 97% of asking. Being close to Western, University Hospital, Masonville Mall area helps and is close to the 36 holes at Sunningdale and the 18 holes at Westhaven
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By Ty Lacroix
(Envelope Real Estate Brokerage Inc)
Byron houses and condos continue to sell quite readily from January 1 to March 31, 2012. All the homes in this quiet south west neigbourhood of London sold for 98% of the asking price. The average house was listed for $293,846 and they took 38 days to sell and 34 were sold. Condos did well with 21 being sold at an average price of $226,452 and these were on the market for 49 days. Proof positive that this neighbourhood is still sought after because of the amenities that Byron offers.
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