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St. Johns Real Estate BlogSt. Johns Real Estate BlogBuying or selling a home in the St. John's Real Estate market? Fraser and Stephen Winters provide premium service, MLS listings, market updates for homes and condos and relocation packages to St. John's Articles
New Listing - 15 Larner Street
2008-03-14 18:46:00 Why wait to build when you can move right in! 4 year old 2 storey home with attached garage in Clovelly Trails Subdivision. Hardwood floors throughout most of the main floor. Eat in country kitchen with access to rear patio. Seperate dining room. Living room includes tray ceilings and a bay window. Master bedroom includes ... More About: Street , Listing , Winters
Sheila?s Brush or Paddy?s Batch
2008-03-13 12:39:00 A Winter storm has blanketed most of the Avalon Peninsula today. Pretty much all of St. John ’s is shut down. 20 - 50 centimeters is the forecast. This storm is a special storm as it gets the Newfoundland legend of being called “Sheila ’s Brush “. Sheila’s Brush is the annual winter storm ... More About: Paddy , Batch
New Listing - 80 Karon Drive
2008-03-12 12:05:00 Wow says it all for this hot property. Just like new 2 storey home located in Pineridge Creek. Birch hardwood through most of main floor. Open concept design. Living room with propane fireplace. Hardwood stairs leads to 3 well sized rooms. Master bedroom has large walk-in closet and ensuite ... More About: Drive , Listing , Winters
New Listing - 12 Notre Dame Drive
2008-03-12 00:49:00 Very well maintained, fully developed bungalow in West End St. John’s. Hardwood floors on living and dining room. Basement development consists of a kitchenette, family room, two bedrooms, full bath and and a propane fireplace. Stainless Steel water boiler. Nice landscaped back garden. Not far from MUN and close to all amenities. ... More About: Drive , Notre Dame , Listing , Notre-Dame , Dame
Housing Starts Lower in February
2008-03-10 19:51:00 Release today from Canadian Mortgages and Housing Corporation. Multiples Drag Total Housing Starts Lower in February Urban housing starts were lower during the month of February, according to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC). February?s total housing starts retreated 18 per cent, with 51 posted across provincial urban centres compared to 62 ... More About: Market trends , John
Real Estate Investment Trusts
2008-03-10 10:30:00 We have been getting quite a number of calls and emails from investors in Ontario, BC and quite a number from Alberta (Edmonton, Calgary, Fort Mac area) looking for investment properties in St. John ’s, Mount Pearl areas. With a price range of $180,000 - $210,000 for a 2-apartment in St. John’s ($240,000 for newly ... More About: Estate , Real Estate , Real Estate Investment , Investment
What is Knob and Tube Wiring
2008-03-08 14:39:00 I’ve recently witnessed knob and tube wiring in some downtown St. John ’s homes. It’s not a common sight, but when things are uncommon and unknown a lot of questions arise. So, just what is knob and tube wiring? Knob and tube wiring is found in older homes dating back to the 1940’s. It was the ... More About: Tube , Wiring
If you have a variable mortgage thank the Bank of Canada today
2008-03-04 19:30:00 The Bank of Canada just cut the key interest rate by 50 basis points (or 1/2 percent) to 3.50%. Chances are throughout the week, those with a variable mortgage (currently at 5 per cent) will see this reflected at their respective banks. For those mortgage shopping, this can lead to a very attractive ... More About: Today , Mortgage
February Newfoundland Real Estate Stats
2008-03-03 15:00:00 Total # of Listings [Feb] = 671 (Up 29% from February 2007) Total # of Sales [Feb] = 272 (Up 27% from February 2007) Number of Active Listings in the NLAR MLS System = 2146 Inventory increased slightly this month compared to January MLS stats. We are still down in inventory from 2007 by 5%. Sales ... More About: Estate , Real Estate , Stats , Real
7 Reasons to Invest in Newfoundland Real Estate
2008-03-02 14:29:00 The Top 7 Reasons to Invest in Newfoundland Real Estate are: 7. Average price for a home in Newfoundland is MUCH lower then the Canadian average house price. A 2-apt home for $200,000 can fetch you an extra $1600 a month cash flow (before expenses and mortgage) 6. The next few years are looking promising ... More About: Real Estate
Newfoundland Economy, Real Estate and Tourism
2008-03-01 14:48:00 Today, The Telegram included a “Horizons” section in the Saturday paper. Horizons is an Annual Business and Industrial Review and Forecast. It was evident that the pages were filled with talks of boom and wealth for Newfoundlanders. I was fortunate enough to receive a call last week for ... More About: Economy , Estate , Real Estate , Tourism , John
House insurance when renovating
2008-02-27 15:30:00 Have you completed any major home renovations lately? If so, make sure you inform your insurance company. A recent survey showed that of those homeowners with home/content insurance who renovated their home or finished their basement, only 62 per cent updated their policies. A renovation usually increases the value of your home and ... More About: House , Insurance
The dream of homeownership
2008-02-26 07:15:00 Why not put your rent money into an appreciating asset instead of in your landlord’s pocket? Do you cringe every month when it’s time to write that monthly rent cheque? Like many other renters, you probably wish that your hard earned money was being put towards something that has potential payback but haven’t explored your ... More About: Real Estate , John , Dream , Mortgages , The Dream
Newfoundland Oil and Gas Week
2008-02-25 16:37:00 Oil and Gas Week is underway in Newfoundland. It was conceived to raise the profile of the oil and gas industry in Newfoundland and Labrador and build an appreciation for the impact that it has on the province?s economy. This is achieved through a variety of promotional and educational activities. A particular ... More About: John
Remax Decade in Review
2008-02-22 12:40:00 Residential real estate markets across Canada post solid gains over past decade, says RE/MAX. Pent-up demand, population growth, tight inventory levels, and the longest economic expansion since World War II collectively fueled one of the best decades on record for residential real estate in Canada, according to a report released by RE/MAX. RE/MAX Decade in ... More About: Review , Market trends , John , Investments
MLS housing market more balanced in January
2008-02-21 13:05:00 MLS® residential new listings in Canada’s major markets surged to a new record in January 2008, according to statistics released by The Canadian Real Estate Association (CREA). This made the MLS® resale housing market more balanced in January 2008 than at any other point in the past seven years.Seasonally adjusted MLS® sales activity edged 0.4 ... More About: Market , Market trends , John , Housing
Newfoundland Realtor brings listings to Alberta
2008-02-18 18:36:00 I located an interesting article in The Western Star regarding a Corner Brook Realtor heading out to Fort McMurray for 9 days to promote Newfoundland Real Estate. Realtor brings listings to Alberta to target Newfoundlanders who want to move home CORNER BROOK The Western Star A local Realtor is shopping its western Newfoundland properties to returning Newfoundlanders in ... More About: Listings
New Listing 25 Castors Drive Mount Pearl
2008-02-14 19:39:00 Just listed 25 Castors Drive . This two bedroom 2-apt home in Mount Pearl situated on a corner lot. Asking price is $199,900. 1085 square feet (per floor) bungalow. Lot size is 98X120X78X61. Features include oak eat in kitchen, dining room/living room combo. Rec room in basement for main unit. Main ... More About: Listing , Winters
St. John?s on the Monopoly Board
2008-02-13 11:55:00 Monopoly is launching a new Here & Now World Edition and is inviting everyone around the world to vote for the greatest cities around the globe. The 22 cities with the highest worldwide votes will make it onto one global Monopoly board. Montreal, Vancouver and Toronto are among 68 world cities being considered for inclusion ... More About: John , Board , St John , Monopoly
New Housing year-over-year growth rate
2008-02-12 13:03:00 Statscan recently released information on new housing prices throughout the major cities in Canada. The prices reflect December 2006 to December 2007. On the west coast, the 12-month increase for Vancouver was 6.4 per cent . The fastest pace was Saskatoon, which led the nation with an annual price increase of a whopping 45.1 per ... More About: Market trends , Housing , Growth , Year , Rate
NewfoundlandLabrador.com
2008-02-11 18:09:00 Lately the Government of Newfoundland Labrador has been flocking the television with commercials promoting tourism to Newfoundland Labrador. If you frequent TSN, Business News Network (BNN), or FoodNetwork to mention a few, you’ll notice this ad being televised many times throughout the course of a TV show. With increased hype in St. John ’s real estate ... More About: Real Estate
Kirkland Balsom & Associates - Real Estate Market Overview
2008-02-08 08:15:00 The fine folks at Kirkland Balsom & Associates just released their Real Estate Market Overview for 2008. “The estimations for growth may vary; nevertheless, the consensus with most local real estate players is that 2008 will be a robust year for residential real estate. Private real estate companies are predicting double digit increases while CHMC ... More About: Real Estate , Real Estate Market , Market trends
St. John?s Vacancy Rates
2008-02-07 14:18:00 Over the previous three years, the St. John ?s vacancy rate increased approximately three percentage points, or an average increase of 1.0 percentage point per year. Much of the increase was attributed to record home buying activity and the corresponding movement of renter households to home ownership. However, this year?s sizeable decline in the vacancy rate is ... More About: Real Estate , Market trends , Investments , Rates
January Newfoundland Real Estate Stats
2008-02-01 13:31:00 Total # of Listings [Jan] = 583 (Down 32% from January 2007) Total # of Sales [Jan] = 266 (Up 53% from January 2007) Number of Active Listings in the NLAR MLS System = 1902 Average Sale Price year to date = $170,552 Inventory is down again this month. With lots of buyers and lack of inventory, we ... More About: Estate , Real Estate , John , Stats
St. John?s MLS Trends for 4th Quarter 2007
2008-01-31 18:23:00 MLS® Residential Sales Post Record Fourth Quarter - MLS® sales surged 43 per cent to a record 1,326 units compared to last year?s fourth quarter sales of 926 units - October, November and December MLS® sales were 475, 497 and 354, respectively - Fourth quarter average MLS® residential house price jumped 11.4 per cent to ... More About: Trends , Market trends , John , St John
More than half a million homes sold via MLS in 2007
2008-01-29 12:46:00 National MLS® resale housing activity, new listings, average price and dollar volume all reached their highest annual levels ever in 2007, according to statistics released by The Canadian Real Estate Association (CREA). Annual sales activity totaled 520,747 units in 2007, up 7.6 per cent from 2006 levels. This was the largest annual sales growth since 2002, ... More About: Market trends , John , Homes , Million , Sold
Will the subprime mortgage effect St. John?s real estate?
2008-01-28 13:05:00 Last week both the United States and Canada dropped their interest rates, 0.75% and 0.25% respectively. With the recent subprime mortgage fiasco in the U.S, people have been asking was the rate reduction due to this? Will Canada follow the same fate? And most importantly….what exactly is a subprime mortgage? Here is my ... More About: Estate , Real Estate , John , Mortgage , Mortgages
Facebook and Real Estate
2008-01-27 18:13:00 Facebook is a social utility that connects people with friends, acquaintances and past school mates. The latest addition to this trendy website, it can now connect you with Facebook Real Estate Listings. Whether you are looking for rentals, leases or to purchase real estate, Facebook is becoming a hot spot for advertising. The best ... More About: Real Estate , John , Facebook
Why the delay in New Home Construction in Newfoundland and Labrador?
2008-01-23 20:39:00 While new home construction in Newfoundland and Labrador is booming, it is not uncommon now to see a six month closing date on new home construction. With a good percentage of the trades people presently working in Western Canada, some contractors are finding it difficult to recruit enough local trades people. It is estimated that as ... More About: Real Estate , Market trends , Home , Construction , John
January Real Estate Newsletter
More articles from this author:2008-01-22 16:04:00 The outlook for Newfoundland Real Estate for 2008 will be positively supported by a strong provincial economy, with the average MLS® price forecast to increase 6.4% to $157,500. REMAX is suggesting a 12% increase which would put the average price around the $170,000 mark. The expected increase in single detached and two apartment homes can ... More About: Real Estate , John , January , Newsletter 1, 2, 3 |
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