Chicken LittleThere's an old fable about a chicken who thinks the sky is falling because he got hit in the head with a falling acorn. The moral of this fable is to have courage and not to be a "chicken". This "disaster is imminent" message is a common theme in the media today. It appears the residents of Waterloo Region know better. In what can best be described as a stable market, the Kitchener-Waterloo Real Estate Board reports residential sales in Kitchener-Waterloo for March 2009 totalled 405. While this was a 15% decline over the 479 units sold in 2008, the average price increased from $252,567 in '08 to $252,778 in '09. First-time buyers are entering the market spurred by historically low interest rates and a good selection of homes to choose from. Active residential listings in Kitchener-Waterloo sit at 1467 or less than a 4 month supply. For advice on how all of this affects you and your situation, contact me at 519-505-4488 Mailto: jeff.gingerich@century21.ca
Posted by Jeff Gingerich
on April 3, 2009
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Century 21 Home Realty Century 21 realtor Choosing a Realtor Jeff Gingerich K-W buyer's market K-W Seller's market Kitchener market update Kitchener real estate Kitchener real estate market conditions Kitchener realtor Kitchener-Waterloo Real Estate Kitchener-Waterloo Real Estate Board March 2009 Sales Results Moving to Kitchener Moving to Waterloo online real estate services Real estate professional Realtors sellers Waterloo market update Waterloo real estate Waterloo real estate market conditions Waterloo realtor Waterloo Region real estate Waterloo Region real estate market conditions
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