Realtors and Home owners here in Waterloo Region and across Ontario have spoken and the Minister of Municipal Affairs and Housing has heard our outrage. The Minister confirmed this week that the government will not give the municipalities the ability to charge the Municipal Land Transfer Tax.
This is fantastic news for everyone in the region!!!
Now that this bullet is dodged, here in Waterloo Region it was another good month of home sales with a total of 413 residential properties sold last month compared to 376 in November last year. This number included 254 single detached homes (up 10.0% from last November), 22 semi-detached (down 45%), 33 townhomes (down 15.4%) and 99 condominium units (up 37.5%).
Average prices also increased 8.2% to an average price of $412,581 for single detached homes. Condo’s were up 7.3% with an average of $225,341, while townhomes and semis sold for an average of $313,015 (up 13.8%) and $257,995 (down 1.9%) respectively. Average sale price of all residential sales through the Kitchener Waterloo MLS system increased to $350,703 up 6.7%
With 2015 drawing to a close shortly we have had another outstanding year for homes sales in Waterloo Region. CMHC is forecasting steady mortgage rates and stronger employment in the Region for 2016 and that means continued demand for housing. Comparing our prices here against our neighbors in the GTA, Waterloo Region still remains very affordable.
If you are looking to make a move in the spring and would like to have a better idea of what your home is worth click here now. Whether buying or selling give me a call and let’s sit down for a coffee and discuss how we can help make the move to a new home a smooth one for you and your family. I can be reached at 519-497-4646 or email to email@example.com
Have a wonderful Holiday Season with your family!
December 4, 2015 | Categories: Buyers, Local Kitchener Waterloo, Sellers, Uncategorized | Tags: Bank of Canada, condo, condo documents, condo in kitchener, condos in kitchener, eastbridge, facebook, first time home buyer, full time realtor, home buying, home value, inventory levels, kevin baker, Kitchener waterloo, kwhometeam, kwrealestatelife, land transfer tax, loft, lofts in kitchener, MLLT, Mortgage News, real estate, real estate investing, Remax, sales rep, selling your home, twin city, waterloo, waterloo ontario, waterloo region school board, westvale | Leave a comment
Getting Your Home Ready For Fall
It’s that time again, the kids are heading back to school, the leaves are beginning to change, and the hockey season is finally about to begin. Here are some great tips for getting your home ready for the fall:
Home Exterior: It is recommended that you check your home siding for cracks and holes; clean all debris from your gutters. If you have a fireplace that you use regularly, it might be a good idea to have it checked as well. If you don’t want to do any of these tasks yourself, there are professional services that you can hire to do them.
Thermostat: Programmable thermostats have become more popular among home owners. Raise or lower the temperature remotely and program settings for the temperature to automatically lower during the night. A Programmable thermostat can not only increase your enjoyment of your home, it can save you money as well.
Drafts: You don’t want heat to escape during the colder months of the year. Check for drafts to ensure your home is as efficient as possible.
Organize: As the summer winds down, take some time to clean and organize your summer furniture, tools, etc. This will make your life far easier come next spring/summer. If you are already organizing in your garage, it may be a good time to do a clean or purge while you are there.
Roof: Before every fall and winter you should at least do a visual check of your roof. Has there been significant wear since last year? Look for missing, damaged, or loose shingles. If your roof is flat, it is recommended you remove debris from your roof.
Landscape: Check trees to ensure there are no damaged limbs that could fall on your home or power lines during a strong wind or snow storm. Trim back shrubs, flowers, and bushes in your yard. If you plan on planting bulbs for next spring, the fall is the time to do so. You can also fertilize your lawn, this will help to prevent damage to it over the course of the winter.
Proper maintenance of your home enhances the appeal and value of your home. Also, it can prevent critical emergencies from taking place, which are typically more expensive, time-consuming, and stressful when they occur. Ensure that when the cold weather arrives, your home is ready.
If you have any questions at all or thinking of selling this fall please don’t hesitate to give us a call for a Free Market Evaluation of your home
Have a great day!
August 31, 2015 | Categories: Buyers, Local Kitchener Waterloo, Random thoughts, Sellers, Uncategorized | Tags: condo, condo buying, condo documents, condo in kitchener, condos in kitchener, facebook, first time home buyer, full time realtor, home buying, home value, inventory levels, kevin baker, kitchener, Kitchener waterloo, kwhometeam, lofts in kitchener, market update, Mortgage News, real estate, real estate investing, Remax, sales rep, waterloo ontario, waterloo region school board | Leave a comment
Do you find that all those, computer, phone, monitor cords etc are a real pain to look at everyday? Do you wish you had a great idea to hide them from sight?
Well here is a great blog post I found on how just to do that. Have a look and have fun with the project
December 15, 2013 | Categories: Buyers, Local Kitchener Waterloo, Random thoughts, Uncategorized | Tags: condo, condo buying, facebook, first time home buyer, full time realtor, home buying, home value, inventory levels, Kitchener waterloo, kwhometeam, loft, lofts in kitchener, market update, real estate, Remax, sales rep, waterloo ontario, waterloo region school board | Leave a comment
With availability of information, mobile phones and websites it is even more important to hire a Realtor based on what they can do for you to get the home sold quickly, efficiently and for the most amount of money. Have a look at this video to hear my thoughts on what you should be looking for when interviewing your Realtor.
December 12, 2012 | Categories: Local Kitchener Waterloo, Sellers, Video Blogs | Tags: brokerage, commission, condo, facebook, first time home buyer, full time realtor, home value, kevin baker, Kitchener waterloo, kwhometeam, loft, lofts in kitchener, marketing, price, real estate, realtor, realty, Remax, sales rep, sales representative, twin city, waterloo ontario, westvale | Leave a comment
If you have been thinking of selling your home yourself here is a great video on one families experience and how they ended up using a Realtor to get the home Sold.
October 17, 2012 | Categories: Buyers, Local Kitchener Waterloo, Sellers, Video Blogs | Tags: assessment, facebook, first time home buyer, full time realtor, home buying, home value, inventory levels, kevin baker, Kitchener waterloo, kwhometeam, kwrealestatelife, loft, real estate, real estate investing, Remax, waterloo ontario, westvale | Leave a comment
Hey Everyone, I attended a CMCH housing forecast last week and then on Tuesday of this week I listened to Craig Alexander, Sr. V.P. and Chief Economist for TD Bank give his predictions on where the housing market is going for 2012. Have a listen and hear my brief synopsis on the info I gathered.
January 27, 2012 | Categories: Buyers, Local Kitchener Waterloo, Sellers, Video Blogs | Tags: Bank of Canada, condo, facebook, first time home buyer, home buying, home value, inventory levels, kevin baker, kitchener, Kitchener waterloo, kwhometeam, kwrealestatelife, loft, market update, Mortgage News, Prime rate, real estate investing, Remax, waterloo ontario, waterloo region | 2 Comments
The answer is obviously a resounding No! Like any profession there are good people and not so good people.
I had multiple offers on one of my listings today… so I sit down and go over each of the 3 offers with the sellers. The offers were all fairly close but one had a little extra in certain areas and a little less in others. So the Seller decided to go with one of the offers. After asking the usual questions that I ask of every agent that brings an offer to the table on one of my listings (ie. are you buyers pre-qualified, is it conventionalor high ratio mortgage etc) we put a deal together. The buyer signs off on the minor changes that we made and finalizes the deal. The Buying agent sends back the paperwork via fax and I think we are all done for the day pending inspection and mortgage approval.
Well it wasn’t 20 minutes later and the Buyer’s agent is calling me and she say’s ” they can’t get the mortgage, the mortgage broker just called and there is no way to put this deal together”. WOW!!! I was floored. I asked all the right questions, and got what I thought were the right answers. Was this agent just not being honest with me? Or did she not really know the answers.
Well understandably the Seller was furious and rightfully so. So after me trying to get my mortgage broker to help out and work her magic there was nothing else to do but sign the mutual release and move on. Hopefully one of the other offers will come together and work out for the sellers.
The moral of the story is even though you ask all the right questions, it is obvious that some people do a better job at their job than others.
I would have to admit that before I start showing a buyer around town for weeks on end, I would make sure that they can at least get the money to buy the house that they fall in love with.
October 14, 2010 | Categories: Buyers, Sellers | Tags: facebook, home buying, kevin baker, Kitchener waterloo, kwhometeam, kwrealestatelife, Mortgage News, real estate, real estate investing, Remax | Leave a comment