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Blog Details for " St. Johns Real Estate Blog"
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
Curb Appeal Tips - Preparing your lawn for Spring
2008-05-07 11:15:00 With the warm weather approaching it is the perfect time to get your lawn ready for the spring season. Your front lawn and garden is one of first features noticed on your property. These simple tips will help ensure your lawn gets a healthy start this season. To ensure even thawing and prevent diseases like ... More About: Tips , Spring , John , Curb Appeal , Appeal
Why Canada Needs Capital Gains Tax Deferrals on Real Estate
2008-05-06 15:21:00 Canadians are increasingly migrating to regions where new jobs are plentiful, and they must be able to move their assets with them. Households can move their furniture and their stocks and bonds, but not their real estate investments, without substantial tax consequences. Reinvestment in real property should be facilitated so that investors can reposition existing ... More About: Estate , Real Estate , Canada , John , Real
Real Estate Investment Terms
2008-05-04 11:30:00 Income-producing properties need to have methods to determine the value of a property. The value of the investment can be determined by using some of the following formulas: net operating incomes, capitalization rate, Loan to Value ratio. Capitalization Rate (Cap Rate) = net operating income (NOI) / market price Net Operating Income (NOI) = Rental ... More About: Estate , Real Estate , Real Estate Investment , Investment , John
April Newfoundland Real Estate Stats
2008-05-02 20:39:00 Total # of Listings [Apr] = 932 (Up 7% from April 2007) Total # of Sales [Apr] = 332 (Up 24% from April 2007) Number of Active Listings in the NLAR MLS System = 2430 Inventory this month but so did the number of sales.Expired listings have declined by 23% Properties are still selling VERY fast and multiple ... More About: Estate , Real Estate , Stats , Real
House Prices Continue to Rise
2008-05-01 14:49:00 Just read this article on VOCM.com discussing the increase in house prices in St. John ’s and surrounding areas. Notice the jump in house price from $151,000 to $180,000 for a 1000 sqft bungalow home in St. John’s. House Prices Continue to Rise : Survey May 1, 2008 A new survey shows house prices in the province continue ... More About: House Prices , Market trends
Newfoundland 2008 Budget Highlights
2008-04-30 12:40:00 The Newfoundland and Labrador Economy Highlights Economic Performance 2007 Real GDP increased by 7.9% driven by exports of oil and minerals and consumer and government sector spending. The unemployment rate fell to 13.6%, a reduction of 1.2 percentage points and the lowest rate in 26 years. Personal income growth of 4.3% and personal disposable income growth of 5%. Retail sales ... More About: John , Budget , 2008
New Listing in Paradise 109 Ortega Drive
2008-04-29 22:05:00 Enjoy complete privacy with this large side split home on almost 2 acres of land. 3 bedrooms up and one in the basement. Master bedroom ensuite has stand up shower and jacuzzi tub. Spacious country style eat-in kitchen with 10ft center island and adjacent sun room. Formal dining room. Separate family room with propane fireplace ... More About: Drive , Paradise , Listing , Ortega
New money laundering legislation for Real Estate
2008-04-28 21:26:00 Finance Minister Jim Flaherty has announced changes to Canada?s anti-money laundering legislation, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. The changes will have an impact on how real estate transactions are conducted in Canada. New amendments to money laundering legislation are effective on June 23, 2008. Basically for the general public this means ... More About: Estate , Real Estate , John , Real
Remax presents Home Show at Mile One
2008-04-27 14:45:00 The 25th Eastern Newfoundland Canadian Home builders Association Annual Home Show will be held May 2nd to 4th at the Mile One Centre. Once again RE/MAX will be headlining the show - this year with a wine tasting event. In order to receive a ticket to the wine tasting you must speak with a ... More About: Presents , General , John
Newfoundland in the Spotlight once again
2008-04-25 23:19:00 Reporter Greg Quinn wrote and article for Bloomberg entitled “Newfoundland Gets Off Canada’s Dole as Williams Takes on Exxon” discussing Newfoundland’s transformation (”Getting off the dole” Quinn eloquently put it) due to recent oil revenue and our Premier Danny Williams fight with the big oil companies. Favorable high oil prices, personal income tax cuts, a ... More About: Real Estate , John , Spotlight
St. John?s Remax Affordability Report 2008
2008-04-24 13:01:00 Although a recent report pegged St. John ?s as one of the most affordable cities in the G7 nations, affordability is a growing concern. Buyers continue to face challenging market conditions, including unprecedented demand and extremely tight inventory levels. Multiple offers are quite prevalent. It is not uncommon to see quality, new listings generate three to four ... More About: Real Estate , Market trends , Report , Investments
Rising housing values and lack of inventory challenge first-time buyers
2008-04-23 11:38:00 While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer amortization periods and alternative housing types have offset the impact on most major markets across the country, according to a report released today by RE/MAX. Despite a higher degree of frustration in the marketplace than in previous years, the ... More About: Time , Inventory , John , Housing , Challenge
Comparing Fort McMurray house prices to St. John?s
2008-04-22 12:49:00 I was delving deeper into my Filogix MLS Real Estate system to investigate some features I’ve yet to explore. I discovered we have access to “inter real estate boards” listings and stats. The first on the drop down tab was Fort McMurray homes for sale, so I decided to check it out. Floored at ... More About: House , House Prices , John , St John
REMAX Yard Sale for the Cure
2008-04-18 15:24:00 RE/MAX has a long tradition of supporting worthwhile causes. In 2004, the company threw its support behind the Canadian Breast Cancer Foundation. The RE/MAX offices in St. John ’s will once again host their Yard Sale for the Cure on May 31st. Last year local RE/MAX Realtors raised over $2,000.00. We have plans to do ... More About: The Cure
MLS Trends St. John?s First Quarter
2008-04-17 21:15:00 MLS Residential Sales Post Solid First Quarter MLS® residential sales increased 14.3 per cent to 713 units compared to last year?s first quarter sales of 624 units January, February and March MLS® sales were 236, 238 and 239, respectively and were held back by a lack of active listings Driven by low inventory, the first quarter average MLS® ... More About: Trends , Market trends , John , Investments , St John
Underground contractors can cost you everything
2008-04-17 00:57:00 With the home renovation season upon us, you might be thinking of hiring a contractor. There are many reputable contractors in your community ready to do the work and willing to sign a contract to make sure both parties are satisfied when the job is done, and protected if something goes wrong. Not all contractors play ... More About: Cost , Underground , Contractors
Canadian Economic & Financial Market Outlook
2008-04-13 03:55:00 RBC Economic & Financial Market Outlook Debt load rising, but so are asset values Household balance sheets remain in fair condition with the ratio of debt-to assets remaining within the range of the past 40 years. Still, with debt service costs high relative to personal disposable income, the recent tightening in credit conditions does present some downside ... More About: John , Canadian
Surge in Single-Detached Construction Drives Housing Starts in March
2008-04-08 16:07:00 A surge in single-detached construction drove urban housing starts during the month of March , according to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC). March?s total housing starts surged 155 per cent, with 56 posted within the province compared to 22 a year ago. 55 of the 56 starts were within the St. ... More About: Market trends , Construction , Surge
Water Tax May Be Going Up
2008-04-07 15:12:00 A $700 water tax may not be far off in St.John ’s. The capital city is scrambling to find money to cover cost over-runs and cost increases associated with the harbour cleanup project. The topic is expected to come up again this evening at the weekly council meeting as members of council try to find ways ... More About: General , Water
35 unit Apartment Building for Sale
2008-04-05 15:30:00 Looking for a great investment property in Newfoundland? 35 unit commercial apartment building located just 90mins outside St. John’s. Complete with laundry and exercise room, four units and large suite furnished. Each unit metered separately with own hot water tank. Building is equipped with a fire alarm system. Electrical is a ... More About: For Sale , Sale , Unit
House Price Survey report
2008-04-04 14:12:00 Canada?s real estate market stands on stable footing. On average, healthy year-over-year house price gains were recorded during the first three months of 2008. While more modest price increases were observed when compared to previous quarters, the solid appreciations noted in the first quarter are largely due to the shared effects of resilient ... More About: House , Market trends , Survey , Report , John
No Provincial Economy Immune from US malady
2008-04-03 17:19:00 RBC released it’s Provincial Outlook today and is quite clear “no provincial economy immune from US malady”. The tone for the report is caution throughout most sectors including labour, housing, exports and Canadian dollar. Saskatchewan is expected to be the growth leader in 2008 as its economy benefits from strength in energy, mining, and agriculture. Newfoundland is ... More About: Economy , Market trends , John
MLS totals show strong year-over-year growth in Newfoundland
2008-04-02 11:30:00 According to statistics released by the Newfoundland and Labrador Association of REALTORS®, year-over-year residential and total MLS® sales activity once again showed an increase in the region. Real estate transactions recorded through the Association’s MLS® system in February 2008 reached a total value of $39,801,664. That’s a three per cent decline from the ... More About: Market trends , Show , John , Growth , Strong
March Newfoundland Real Estate Stats
2008-04-01 13:13:00 Total # of Listings [Mar] = 614 (Down 19% from March 2007) Total # of Sales [Mar] = 260 (Down 9% from March 2007) Number of Active Listings in the NLAR MLS System = 2192 Inventory decreased 19% in March over the previous year and down from February MLS stats. Sales to date have increased 18% since ... More About: Estate , Real Estate , John , Stats , Real
Weekend Real Estate Reading
2008-03-29 10:30:00 With lots of great Real Estate Blog’s on the internet it’s hard to read them all. I have compiled a list of interesting topics from a few of the blogs I read daily. Toronto Real Estate (Real Estate Intelligence) has an interesting article on how long should it take to sell your home? Norm Fisher’s Saskatoon ... More About: Reading , Weekend
March Real Estate Newsletter
2008-03-28 10:30:00 There’s hot demand for people wanting to buy homes in the St. John’s, Mount Pearl region, and a lot of the interest is coming from outside the province. There is very little listing inventory (inventory in the region is down 50 per cent) A lot of the buyers are from outside the province, especially the ... More About: Estate , Real Estate , Newsletter , Real , March
Torbay Bypass Road
2008-03-27 10:30:00 The new bypass, to be completed in 2009, includes an 8.1-kilometre stretch of undivided highway that will wrap around Torbay, connecting with a five-lane highway by St. John ’s International Airport, which itself will be extended. Commuters from Torbay, Flatrock and Pouch Cove must wind through Torbay’s narrow roads, which become clogged during the morning and ... More About: General , Road
Homebuyers pay down mortgages faster
2008-03-26 10:30:00 Canadians who have recently purchased real estate plan on paying off the mortgage as quickly as possible according to an annual mortgage consumer survey released Wednesday by Canada Mortgage and Housing Corp. Seventy-eight per cent of respondents said they wanted to pay their mortgages off as fast as possible and one-third said they had made a ... More About: Mortgages
HRV risk of overheating causing fire
2008-03-25 22:33:00 Venmar Ventilation has received several reports of major home fires where the suspected cause is a heat recovery system. Therefore, Venmar Ventilation released this press release which affects heat recovery systems as these systems can fail and pose a potential fire hazard to homeowners. I looked into mine and it was determined that I had one ... More About: Fire , Risk
Top of the Mornin? to ya!
More articles from this author:2008-03-17 11:59:00 Happy St. Patrick’s Day! May you always have Walls for the winds, A roof for the rain, Tea beside the fire, Laughter to cheer you, Those you love near you, And all your heart might desire! More About: Real Estate , John 1, 2, 3 |
