Oakville, ON Real Estate News

By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (Sherwood Heights) for the month of September 2008 - Year To Date home prices in Sherwood Heights as a whole are up 7.42% over this time last year. The average sold price in Sherwood Heights was $478,666  for the month, up 1.2%  from Sept. 2007 at $473,000. On an average, sellers in Sherwood Heights are getting 96% of their asking price. The average days on the market for homes in Sherwood Heights is 17, and 6 homes sold this month in Sherwood Heights, on par with Sept 2007 at 6 homes sold. Please feel free to email me to receive a monthly report of the Sherwood Heights Real Estate Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (River Oaks) for the month of September 2008 - Year To Date home prices in River Oaks as a whole are down 7.97% over this time last year. The average sold price in River Oaks was $403,111 for the month, down 11.1%  from Sept. 2007 at $429,537. On an average, sellers in River Oaks are getting 97% of their asking price. The average days on the market for homes in River Oaks is 45, and 48 homes sold this month in River Oaks, down 20.8% from Sept 2007 at 38 homes sold. Please feel free to email me to receive a monthly report of the River Oaks Real Estate Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (Old Oakville) for the month of September 2008 - Year To Date home prices in Old Oakville as a whole are up 18.29% over this time last year. The average sold price in Old Oakville was $630,200  for the month, down 11.1%  from Sept. 2007 at $708,741. On an average, sellers in Old Oakville are getting 97% of their asking price. The average days on the market for homes in Old Oakville is 60, and 5 homes sold this month in Old Oakville, down 58.3% from Sept 2007 at 12 homes sold. Please feel free to email me to receive a monthly report of the Old Oakville Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (Morrison) for the month of September 2008 - Year To Date home prices in Morrison rose as a whole in the month of September 2008. The average sold price in Morrison was $1,177,000  for the month, up 9.3%  from Sept. 2007 at $1,067,900. On an average, sellers in Morrison are getting 94% of their asking price. The average days on the market for homes in Morrison is 44, and 5 homes sold this month in Morrison, on par with Sept 2007 at 5 homes sold. Please feel free to email me to receive a montly report of the Morrison Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (Glen Abbey) for the month of September 2008 - Year To Date home prices in Glen Abbey rose as a whole in the month of September 2008. The average sold price in Glen Abbey was $472,825  for the month, up 11.4%  from Sept. 2007 at $418,696. On an average, sellers in Glen Abbey are getting 97% of their asking price. The average days on the market for homes in Glen Abbey is 32, and 20 homes sold this month in Glen Abbey, down 28.6% from Sept 2007 at 28 homes sold. Please feel free to email me to receive a montly report of the Glen Abbey Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (Falgarwood) for the month of September 2008 - Year To Date home prices in Falgarwood rose as a whole in the month of September 2008. The average sold price in Falgarwood was $364,772  for the month, up 13.9%  from Sept. 2007 at $314,153. On an average, sellers in Falgarwood are getting 96% of their asking price. The average days on the market for homes in Falgarwood is 28, and 11 homes sold this month in Falgarwood, down 15.4% from Sept 2007 at 13 homes sold. Please feel free to email me to receive a montly report of the Falgarwood Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (College Park) for the month of September 2008 - Year To Date home prices in College Park fell as a whole in the month of September 2008. The average sold price in College Park was $318,846  for the month, down 1.2%  from Sept. 2007 at $322,562. On an average, sellers in College Park are getting 96% of their asking price. The average days on the market for homes in College Park is 41, and 13 homes sold this month in College Park, up 38.5% from Sept 2007 at 8 homes sold. Please feel free to email me to receive a montly report of the College Park Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario (Bronte) for the month of September 2008 - Year To Date home prices in Bronte rose as a whole in the month of September 2008. The average sold price in Bronte was $543,123  for the month, up 2.1%  from Sept. 2007 at $531,756. On an average, sellers in Bronte are getting 96% of their asking price. The average days on the market for homes in Bronte is 45, and 21 homes sold this month in Bronte, down 16% from Sept 2007 at 25 homes sold. Please feel free to email me to receive a montly report of the Bronte Market Report. Barry Quine www.barryquine.com
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Oakville Ontario for the month of September 2008 - Year To Date home prices in Oakville Ontario rose as a whole in the month of September 2008. The average sold price in Oakville was $479,583  for the month, up 2.7%  from Sept. 2007 at $466,802. On an average, sellers in Oakville Ontario are getting 96% of their asking price. The average days on the market for homes in Oakville Ontario is 40, and 212 homes sold this month in Oakville Ontario, down 20.6% from Sept 2007 at 267 homes sold. Please feel free to email me to receive a montly report of the Oakville Ontario Market Report. Barry Quine www.barryquine.com
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By Jenny Kotulak, Broker - Oakville Ontario Real Estate
(RE/MAX Real Estate Centre Inc., Brokerage)
www.OakvilleRealEstateOnline.ca Wife, mother, Real Estate Broker, Blogger??? A natural progression right? I figure with 20 years of experience selling Real Estate and 26 years experience as a Mother, I must have something to contribute. I can't think of a better community to raise a family in and I want to share what Oakville has to offer. What's that saying? A picture is worth..... Thursday, October 2, 2008 A History Lesson  This past weekend I had the opportunity to volunteer for the first "Doors Open Oakville" event. Oakville decided to OPEN the doors to over 20 Heritage and Historical sites for the public to visit for free. This event already takes place annually in many Ontario towns and cities. Many people that I met over the weekend go touring different towns every weekend gettin...
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By Gina Burgio
(VERICO Designer Mortgages Inc.)
Bankers around the world went into miser mode Tuesday after the defeat of a U.S. bailout plan, pushing an interest rate they charge each other for quick cash to a record level. The key bank-to-bank lending rate, the London interbank offered rate, known as LIBOR, soared to 4.05 per cent from 3.88 per cent for three-month U.S. dollar loans and to 6.88 per cent for overnight dollar loans, the highest level since tracking began in 2001. That is especially worrisome because LIBOR normally is just slightly above the U.S. Federal Reserve's target for the federal funds rate, an interbank lending rate. Now, it is more than four percentage points above the target rate of two per cent. LIBOR, based on a daily survey of banks, is calculated by the British Bankers Association and announced at 11 a.m...
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By Gina Burgio
(VERICO Designer Mortgages Inc.)
Renewing your mortgage is as important a financial decision as selecting your first one. While renewing your mortgage, you are in a stronger financial position as compared to where you were before. Your home equity grows over a period of time and by decreasing your principal loan balance, you are in a good position to negotiate. However, many prefer to just sign their existing agent's mortgage renewal form without trying to get a good deal on the new mortgage. This results in a higher rate and a mortgage package that does not cater to your individual needs. With my expertise in the Canadian mortgage industry, I can help you get the most out of your mortgage renewal. Pay off existing debts, clear high-interest credit card bills, renovate your home and do a lot more after renewing your mo...
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By Jenny Kotulak, Broker - Oakville Ontario Real Estate
(RE/MAX Real Estate Centre Inc., Brokerage)
  Oakville Real Estate Blog --- Opening Doors In Oakville Friday, September 26, 2008 Sign Sign Everywhere A Sign   I was walking my dog in my neighbourhood today and remembered to take my camera as I had seen some strange things happening near Falgarwood School lately. Unusual signs had been erected and I must say I had never seen this particular symbol on a sign before. Looking closely I saw some resemblance to a bowler hat or a U.F.O (flying saucer). According to the no parking sign added to the top of this strange sign, it became apparent that no U.F.O had better think about parking on Gainsborough Drive. As I continued down the street I arrived at the park beside Falgarwood school. A large metal post contained not one, but four signs of notices of do's and don'ts. Wow! Too much info...
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
If you're thinking about buying a piece of real estate as an investment property, market conditions are definitely in your favour. While the resale housing market has seen a tremendous amount of activity from first-time buyers in the past year, it's also a perfect time for existing homeowners to invest in secondary residential properties.  With record-low interest rates and significantly lower prices it's hard to go wrong - unless, of course you lack the financial means to make the investment. After all, you have to be ready to meet all the obligations that come with owning more than your principal property. For instance, keep in mind that if you intend to rent out the second property, you'll also have to be prepared to deal with tenants and handle maintenance costs. LeverageSecondary h...
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
When you decide to sell your home, many details come into play. One of the most important will be making your home as attractive as possible to potential buyers. A REALTOR® will help you look after all the ins and outs of selling your home including a plan to give your home strong "curb appeal" and improve its "saleability." Your REALTOR® can provide many tips and low cost suggestions to not only attract more potential buyers, but to sell your home faster and for the best possible price. It's true that first impressions count and the outside of the home speaks volumes about what the inside may look like. Often potential buyers won't get past the front door if the outside of a home looks run down or shabby. Your REALTOR® may suggest some simple "quick fixes" like a fresh coat of paint, f...
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
If you are moving a short distance, are working with a limited budget or don't have too many possessions, moving your belongings yourself might be a good option. Here are some things to keep in mind when selecting a truck rental company. · Start by asking for referrals from friends and family. · Take an inventory of your possessions and estimate their size and weight. Th-is information will be helpful when buying packing materials and selecting which vehicle is right for your move. · Carefully review the insurance agreement and pay special attention to pricing and terms. · Ask to see a vehicle. A first-hand look at the quality of the truck, trailer or van is always valuable. · Ask if the company rents or supplies other moving tools, like a hand truck for moving larger items. Moving blan...
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Once you have purchased a home, you also need to protect its value. After all, for most people a home is their largest single asset. In fact it can be the basis for securing funding for other endeavors, like college or the purchase of a second property. Here are four things you can do to help your property maintain its value. 1. Dedicate one weekend each quarter to home maintenance. Clear the calendar and make a list. Tasks may include power washing, painting, clearing out the attic / garage or basement, or removing debris. It is also a good idea to prepare ahead of time by making sure the necessary supplies and tools are on hand. 2. Hire the right professionals for certain tasks. For instance, each year you should have your furnace serviced and chimney cleaned. Consistent upkeep can he...
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Moving day is typically a high-stress occasion. No matter how organized and prepared you are, there is always a chance for a few things to fall through the cracks. Here are seven things to remember on the day of the big move. 1. Keep all valuables in your possession. This includes important paperwork, collections, family photos, jewelry, heirlooms, checkbooks, wallet/purse and the like. You do not want to hand these over to movers if possible. 2. Charge your mobile phone and keep it with you. In addition, take along your address book. And before the movers depart, be sure to exchange contact information. 3. Remember to ask for a copy of the inventory from the movers. You should also note the condition of your property before they leave. 4. Take out cash for incidentals. You may need to ...
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Like everything else, there is a learning curve to buying a home. The second time around you will naturally know things you didn't the first. Here are three common mistakes made by first-time home buyers during the home search process and their solutions. Mistake: Buyers who look at homes before they have a complete understanding of their finances are asking for trouble. Solution: Before looking for a property, you should know your finances inside and out. This includes analyzing savings, income and expected expenses. Next, order a copy of your credit report. Your credit score will greatly influence the type and amount of loan you are eligible for. Finally, make sure you are pre-qualified for a mortgage. This means a loan officer has reviewed your employment history, debt, income and ot...
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By Barry Quine, The Wayne Munden Team - Condo Specialist
(Re/Max Aboutowne Realty Corp.)
Many times a move is precipitated by a change in job position or career. To help facilitate that process corporations often hire a real estate company and their relocation specialists to help employees make the transition from one city to another. A relocation specialist is a real estate professional who specializes in moving corporate clients. In fact he or she can be your greatest ally during this critical transition period. To help ensure a positive experience, follow these recommendations. 1. Start with a frank conversation about your price range and moving time frames. These are key factors your relocation specialist will need to know to provide you with the best service possible. For instance, if your new position is starting quickly, you may want to rent for a few months instead ...
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