We are heading into the last quarter of the year! All news is extremly encouraging in regards to the housing market. Interest rates are very low - if you are renewing your mortgage or would like advice on how to lower your payments please give us a call.
We are always appreciative of your referrals and appreciate the opportunity to support you and your friend in anyway that we can.
This month's business partner is our favourite kitchenware & gourmet food store; Cooks'n Corks! It is a perfect time with the holidays upon us to pick up house warming presents or sign up for some cooking classes which are always a lot of fun. Please check it out HERE, which incldues some upcoming discounts from October 22-30th!
REBGV Stats for September:
- The summer months had fewer sales and more listings which helped moved the REBGV into the upper end of a buyer's market.
- The number of properties listed for sale has increased each month since the beginning of the year.
- "The sales-to-active-listing ratio currently sits at 14% which is the lowest it's been this year. Generally analysts say that a buyer's market takes shape when the ratio dips to about 12 to 14%, or lower, for a sustained period of time." Setticasi said, REGBV President.
Detached Properties: Benchmark price increased 13.4% from Sept 2010-2011 to $896,707. 14.7% of homes listed in September sold (one in 7 detached properties sold).
Attached Properties: Benchmark price increased 5.4% between Sept 2010-2011 to $516,697. 15.1% of homes listed in September sold (one in 6 attached properties listed sold).
Apartments: Benchmark price increased 4.4% from Sept 2010-2011 to $405,569. 14.3% of homes listed in September sold (one in 7 apartments listed sold).
This Month's Item of Value - How to Achieve Financial Freedom!
We have tips to help you achieve financial freedom that outlines steps you can take to create a budget and save money! Including a detailed plan to eliminate debt from credit cards and loans in a fraciton of the time it would traditionally take.
Feel free to share this information with your family & friends who would like to improve their financial security!
Oh by the way......We are never too busy for your referrals! Please don't forget our appreciation of $500.00 for each successful referral!
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