| Recent Blog Posts by Jeff Gingerich | ||
Seller's Market Continues in Kitchener Waterloo Real Estate
As anyone who tried to buy a home in March will tell you, Kitchener Waterloo real estate remains a seller's market. Residential MLS sales in March totalled 482 with 33 new and 449 resales. New homes sales were resurgent as the 33 sales represented an 8% drop over the 36 sold in March 2011. This is good news for Kitchener Waterloo homebuilders as regular readers ...
Posted by Jeff Gingerich
on April 3, 2012
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Kitchener Waterloo Real Estate Update November 2011
Residential real estate sales in Kitchener Waterloo fell year-over-year with 330 recorded through the MLS this November and 367 in November 2010. However, much like October, the decline can be attributed to plummeting new home sales. Just 19 new homes sold in November 2011 through MLS versus 49 and 63 in the previous Novembers.
Resale homes sold in November homes totalled ...
Posted by Jeff Gingerich
on December 5, 2011
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October Update For Kitchener Waterloo Real Estate
Kitchener Waterloo real estate sales for October remained on solid ground with 348 residential properties under contract through MLS. This represents a slight gain over October 2010's total of 345 sales. Resale homes were significantly higher with 342 sales versus 318 last October. Much like September, the real story is the precipitous decline of new ...
Posted by Jeff Gingerich
on November 1, 2011
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The Mystery of the Disappearing Toilet
When I was a kid, I used to read a series of mystery books involving the Hardy Boys. Each book would see the brothers tackle and solve a mystery. Real estate doesn't have many but recently, when a client took possession of their resale home, a mystery ensued.
Remember the excitement of buying your first home? As a Realtor, the experience ...
Posted by Jeff Gingerich
on January 21, 2011
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Kitchener Waterloo Real Estate Update November 2010
While November has a reputation for dismal weather, real estate sales in the Twin Cities this past month were bright and sunny. Residential MLS sales for Kitchener-Waterloo totalled 365 in November versus 413 for November 2009. For those keeping track, this represents a 12 per cent decline. However, it's interesting to note that in November, ...
Posted by Jeff Gingerich
on December 2, 2010
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Kitchener Waterloo Real Estate Update October 2010
Regular readers of this blog will know by now that this monthly update is designed to answer the frequently asked question "How's the market?". The residential real estate market in Kitchener Waterloo continues to be a sellers market. Active residential listings on the K-W MLS at the end of October stood at 1251. Of this total, 403 were new homes and 848 were resale properties. ...
Posted by Jeff Gingerich
on November 2, 2010
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Paying the Bills
A recent headline in the Toronto Star read "Credit Card Defaults at Record Level". It indicated a record level of accounts being written off as uncollectable for 3 straight quarters.
So what does this have to do with real estate? Most real estate buyers will need a mortgage. As part of the approval process, the lenders will turn to a credit reporting agency to determine ...
Posted by Jeff Gingerich
on October 2, 2009
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But It's New, What Can Possibly Be Wrong With It?
I get asked this question often by buyers and sellers of new or newer homes. Why should I spend $400 for a home inspection? Isn't it covered by the Ontario Tarion warranty program? My answer is always the same...spend the money. It will give you peace of mind and may save you grief at resale time. I recommend taking a home inspector along for your pre-delivery ...
Posted by Jeff Gingerich
on August 26, 2009
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