| Recent Blog Posts by Jeff Gingerich | ||
Kitchener-Waterloo Power of Sale Update February 2010
Power of sale activity in Kitchener-Waterloo continued an upward trend. In February, there were 11 residential properties sold under power of sale through the Kitchener-Waterloo Real Estate Board. Interestingly, all were in Kitchener. The continued strength of the residential resale market meant there were no bargains to be had as lenders received, on average, ...
Posted by Jeff Gingerich
on March 16, 2010
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If I Had a Million Dollars
In previous posts, we've examined million dollar home sales in Kitchener-Waterloo and found they are a rarity. In 2009, there were only 4 residential sales in excess of $1 million on the Kitchener-Waterloo Real Estate Board. To put this in perspective, there were approximately 5000 homes sold last year in K-W.
In a sign of the times, there have already been 2 MLS sales in ...
Posted by Jeff Gingerich
on March 12, 2010
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Kitchener-Waterloo Real Estate Update February 2010
The Olympic cauldron and our Canadian athletes weren't the only things on fire in February. Preliminary MLS data from the Kitchener-Waterloo Real Estate Board indicates a strong seller's market in K-W with 382 residential sales. Sellers received a sizzling 98.9 per cent of the asking price on average! Resale homes totalled 341 ...
Posted by Jeff Gingerich
on March 2, 2010
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