A Head for Business, A Heart for People.


NEW FEATURE

 

Look no further than Royal LePage TV to provide you with valuable real estate information.

Critics are calling this series of 10 educational shows on the home buying and selling process,

"the best new program of the 2008 season."

 

5 New SELLER Videos Click here to View

 

5 New BUYER Videos Click here to View

 


  


Why Should You Use an e-Agent™ When Buying or Selling a Home?

 

 Click the logo for details

 

 


  

HOW'S THE MARKET?

We're still in a Seller's Market position!

Scroll down to read the September 2007 Report.

 

   Go to CanEquity Mortgage at www.canequity.com

 

Buying or Selling in Burlington, Oakville, Halton or Hamilton area?

Oh, by the way.........I'm never too busy to provide exceptional service to you, your family and friends.

 

Feel free to contact me    

Buyers

Get the information you need to take charge. Here's all you need to know about house-hunting, financing, closing and more.

 

The home-buying process doesn't have to be scary or stressful. My step-by-step guide will walk you through the process and answer your questions on what you should expect from your REALTOR®.

 Read more.

 

Click Here to View Buyer's Video's

  

Sellers

Get the inside scoop when selling your home.


Selling a home is likely the biggest financial transaction you'll ever make and requires a lot of work. From getting the house ready to closing, my helpful guide will walk you through the process of selling your home.

 

Read more.

 

 

Click Here to view Seller's Video's

 


 

MLS® Home Sales Stabilizing

The Hamilton-Burlington area real estate market reported a total of 1,030 unit sales in September, indicating a decrease of 3.8 per cent over the same period last year. The total unit sales for the first nine months of 2007 are six per cent higher than the same period, while units listed are 4.3 per cent higher for the year-to-date, according to Multiple Listing Service® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB).

“MLS® unit sales edged back month over month, but remained strong in September. This demonstrates that the resale market is becoming more balanced,” said RAHB President and REALTOR®, Mike Cusano. “The move to a more balanced market means some buyers will take more time to shop. The local housing market continues to show resiliency to the sub-prime controversy in the United States, and continues to be a positive factor in the Canadian economy.”

Residential properties sold during September totalled 986, which included 792 freehold properties and 194 condominiums. Commercial sales for September, including industrial, farm, vacant land and business, totalled 44 units.

The average price of freehold residential properties sold during the month of September was $276,859. The average sale price reflects the dollar volume of residential sales divided by the number of total residential units sold. In the condominium market, the average price in September was $212,567. The average price increase for residential properties for 2007 from January to September compared to the previous year is 7.8 per cent.

September’s total residential average sales price increased six per cent over the same month in 2006. The total number of units listed for sale in September was 1,838, which is 7.3 per cent greater over the same period last year.

“With a higher supply and continued strong demand, we anticipate the resale housing market will remain strong and steady for the balance of the year," added Cusano. “This is a housing market built on good fundamentals, including good lending practices.”

Unit sales reflect “all property types” including residential, condominiums, commercial property, farms, vacant land and sale of businesses.

 

Summer Sunshine Brings Rising Sales

The Hamilton-Burlington area real estate market reported a total of 1,238 unit sales in August, indicating an increase of seven percent  over the same period last year. The total unit sales for the first eight months of 2007 are also seven percent higher than the same period last year, while units listed are 5% higher year-to-date, according to Multiple Listing Service ® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB).

 

"The US sub-prime mortgage market meltdown may dent US consumer spending; however, the market in Canada remains different, particularly in the Hamilton-Burlington area," said RAHB President, Mike Cusano. "The  Bank of Canada recently revised its economic growth forecast to hold rates steady until the financial market uncertainty begins to settle. Stable interest rates help support economic growth, consumer confidence and home buying activity."

 

Residential properties sold during August totalled 1,190, which included 947 freehold properties and 243 condominiums. Commercial sales for August including industrial, farm, vacant land and businesses, totalled 48 units.

 

The average price of freehold residential properties sold during the month of August was $286,996. The average sale price reflects the dollar volume of residential sales divided by the number of total residential units sold.

 

In the condominium market, the average price in August was $207,729. The average price increase for residential properties for year-to-date 2007 compared to 2006 is eight percent.

 

August's total residential average sales price increased over six percent over the same month in 2006.

 

The total number of units listed for sale in August was 1,707, which is five percent greater than over the same month last year.

 

"In addition, many buyers consider autumn to be an ideal time for purchasing homes," added Cusano. :Using the professional services of a REALTOR® provides consumers with the expertise and information they need to make the right decisions with their real estate decisions. "

 

Unit sales reflect "all property types" including residential, condominium, commercial property, farms, vacant land and sale of businesses.

 

Established in 1921, the REALTORS Association of Hamilton-Burlington (RAHB) represents more than 2,000 real estate brokers and salespersons from Hamilton, Burlington and surrounding areas. Members of the association may use the REALTOR trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service (MLS) and provides ongoing professional education courses for its members. In addition, RAHB is an active participant in the Home Ownership Affordability Partnership (HOAP) and holds an annual auction in support of local charities. Advertisements of local MLS property listings and information about the services provided by a REALTOR can be found at www.mls.ca. More information about RAHB is available at www.rahb.ca.

 

Not intended to solicit clients/customers who are currently under a Listing Agreement or Buyer Representation Agreement with another Brokerage.