Recent Blog Posts by Constantine Isslamow

Canadian home sales edge higher in October

OTTAWA – November 15, 2011 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity picked up a little further in October 2011 following the uptick in September. Highlights: Sales activity rose in October, marking the highest level since January. Actual (not seasonally adjusted) national sales activity in October stayed ...

February 2010 Stats

Here is a recap for February 2010. Listings continue to be a concern.  We did see a nice increase in February with 471 new listings compared to 416 in 2009 but on the year we currently have 1605 active listings compared to 2092 in February 2009. We are seeing multiple offers occurring in several price points causing our average sale price to show an increase of 12.9% on the year compared ...

Flurry of December home sales sets Canadian record

The Canadian housing market has roared into the new year at top speed, with existing home sales activity reaching the highest level ever for December, and with prices still rising. According to statistics by the Canadian Real Estate Association, residential sales numbered 27,744 units in December 2009, a whopping 72 per cent above activity in December 2008. At this time last year, the CREA was ...

2009 Final Unit Sales

Here are the final 2009 sales by prince along with final days on market and list to sale ratio’s Sales Graph:    Sales Graph Info:      It's Your Career - I'm here to Support YOU! Constantine Isslamow Real Estate Broker / Mortgage Broker Century 21United Realty Inc. Brokerage / CENTUM Core Financial Inc. Independently Owned and Operated Friends, ...

Unit Sales 2000-2009

Here is a graph showing unit sales between 2000-2009 on sales in the Peterborough Kawartha Area of REALTORS. Click here to download the graph. It's Your Career - I'm here to Support YOU! Constantine Isslamow Real Estate Broker / Mortgage Broker Century 21United Realty Inc. Brokerage / CENTUM Core Financial Inc. Independently Owned and Operated Friends, followers, and connections are the ...

2003-2009 Market Place Stats

Here is a review of the Peterborough real estate market for the past 7 years. CLICK HERE to download the presentation. It's Your Career - I'm here to Support YOU! Constantine Isslamow Real Estate Broker / Mortgage Broker Century 21United Realty Inc. Brokerage / CENTUM Core Financial Inc. Independently Owned and Operated Friends, followers, and connections are the way of the future.  ...

December 2009 Stats You Should Know.

Here is a review of the Peterborough real estate market for the month of December 2009 compared to December 2008. CLICK HERE to download attachment. It's Your Career - I'm here to Support YOU! Constantine Isslamow Real Estate Broker / Mortgage Broker Century 21United Realty Inc. Brokerage / CENTUM Core Financial Inc. Independently Owned and Operated Friends, followers, and connections ...

Average MLS resale price for local markets

City November 2008 November 2009 Halifax $239,438 $239,514 Saint John, NB $153,036 $178,484 Quebec $191,885 $215,487 Montreal $262,772 $282,665 Ottawa $291,695 $314,071 Toronto $368,582 $418,502 Hamilton/Burlington $284,469 ...

Should You Buy a New or Existing Home?

Buyers have so many choices these days. But after narrowing down the location and selecting the type of home you want to purchase (single-family or condo), there’s one more decision to make: Should you buy a new home or an existing one? The answer depends upon both your budget and lifestyle. Open up your local newspaper on any given day, and you’re likely to see ads from builders touting ...

Stats You Should Know October 2009

Click on the link below for real estate stats that you should know for the area of Peterborough and Peterborough County. http://onlineoffice.century21.ca/PublicStorage.c?ID=66e78e76-eec8-416e-a960-addfde2d3a44 It's Your Career - I'm Here To Support YOU! Constantine Isslamow Real Estate Broker/Mortgage Broker/Manager Century 21 United Realty Inc. Brokerage/CENTUM Core Financial Inc. Independently ...

Coaching Tips & Strategies #28

LISTING STRATEGIES (9) A feature is what you have or do; the benefit is what your client is going to experience! Or it could be the result from any particular feature. Here’s a look at a couple of basic features and benefits for you to use in your listing presentation. Feature: Great Technology Benefit: A huge percentage of home buyers are starting their initial home search on the internet. ...

Real Estate Trend Indicator September 2009

http://onlineoffice.century21.ca/PublicStorage.c?ID=ecdc33b3-0d42-4f81-b9e2-c3864da0e29b  The 3rd quarter of 2009 came to an end on September 30th.  Looking at the City of Peterborough, sub-districts 1-5, single family, all types, we are clearly still in a buyers market with only 3.0 months of inventory. The last quarter had an average number of sales of 119. Currently there are 274 listings. ...

Stay Safe at Open Houses

  Open houses can be a great sales tool—but hosting one also exposes you to numerous unfamiliar people for the first time. Take these steps to stay safe: If possible, always try to have at least one other person working with you at the open house. Check your cell phone’s strength and signal prior to the open house. Have emergency numbers programmed on speed dial. Upon entering ...

Units Sold January 1, 2009 - August 31, 2009 by Price Points

Peterborough and The Kawarthas Number of Units Sold by Price, Average Days on Market and Sale to List% January 1, 2009 – August 31, 2009 Price Units Sold Average Days Sale to List % <30,000 0 0 0 30000-39999 1 98 80 40000-49999 3 149 83 50000-59999 0 0 ...

Stats You Should Know August, 2009

Here is a recap of activity for the Peterborough Kawartha Association of REALTORS®. Total active listings 2,127 Compared to last year at this time 2,442 Average list price $236,759 Average market time 81 Days Compared to last year at this time 69 Days List price vs. sales price ratio 96% Compared ...

Resale prices

Average MLS resale price for local markets City July 2008 July 2009 Halifax $236,514 $243,524 Saint John, NB $154,273 $156,010 Montréal $272,039 $280,890 Ottawa $295,134 $300,635 Toronto $371,410 $395,414 Hamilton/Burlington $281,580 $296,591 ...

Coaching Tips & Strategies #21

Tip #21 LISTING STRATEGIES (2) What “benefits” does the seller want from the home-selling experience? It’s not that complicated however, it is very important that you stay keenly focused around this at the listing presentation. To sell the house. The highest price. The least amount of inconveniences, and The least amount of hassle. How do you communicate to a seller ...

Coaching Tips and Strategies #22

Tip #22 LISTING STRATEGIES (3) Getting listings will be one of your toughest objectives to overcome and learn.  You will face learning “new” skill sets for any of the following in all your daily activities and in your career.  So why then is getting listings tougher? You have to be more skilled!  Here are the critical steps to getting listings. You have to prospect ...

Coaching Tips & Strategies #20

Tip 20 LISTING STRATEGIES (1) Why do we want take more listings?  Think of the following benefits. Schedule Management:  You can work with a buyer for hours, days and even months, and never get a sale.  When you are working with buyers, you are working for all the other Sales Representatives in your marketplace trying to sell their listings.  When you work with sellers, ...

Canada prices for repeat sales of homes up again

TORONTO -- Prices for repeat sales of Canadian homes climbed for a second straight month in June on gains in four of six metropolitan areas, including Vancouver, a report on Wednesday showed. The Teranet-National Bank National Composite House Price Index, which measures the rate of change of prices for repeat sales of single-family homes in six metropolitan areas, rose 1.5% in June. "The turnaround ...

July PKAR Sales Activity

SALES ACTIVITY: PROPERTY TYPE July 2009 July 2008 + / - % Residential 270 234 +13.3% Cottages/Waterfront 34 26 +30.7% Farms 5 6 -16.7% Vacant Land 18 14 +28.6% Income/Commercial 7 7 0.0% Total 334 287 +16.4% ...

Average House Prices by City

Average House Prices by City Jun 2009 Jun 2008 Jun 2007 Yellowknife $331,696 $321,812 $314,022 Vancouver $575,949 $611,613 $564,702 Victoria $476,686 $476,639 $573,415 Edmonton $328,285 $341,376 $350,357 Calgary $392,601 $418,866 $427,205 ...

Coaching Tips & Strategies #17

  Showing and Selling Property The culmination of your previous efforts has arrived.  Your abilities you have been practicing and the strategies you plan to use is now ready to begin. Here is the process of showing and selling a home to a buyer: Allow the buyer to look at the home at their pace.  Don’t smother them and don’t walk into small rooms.  Allow ...

Nationwide Sales are on the rise.

The Canadian Real Estate Association said Friday that 50,270 homes traded hands on the Multiple Listing Service in July. That's 18.2 per cent more than in July, 2008. I hope you find this information useful.  Thanks for stopping by. Constantine Isslamow Broker/Manager Source: Canadian Real Estate Association

Distressed Sales

During the second quarter, 129 out of 155 metropolitan statistical areas reported lower median existing single-family home prices in comparison with the second quarter of 2008, while 26 areas had price gains. Distressed sales – foreclosures and short sales – accounted for 36 percent of transactions in the second quarter, which continued to weigh down median home prices because they typically ...