New home construction economic clause - 02/26/08 07:15 PM
There has been quite a debate around the "St. John's real estate water cooler" in recent weeks. Towards the end of 2007 some local builders and subdivisions in St. John's implemented a new "Economic Clause" to their contracts. Buyers have been noted to shy away from certain subdivisions and proceed to others that do not insert this clause. The debate is over whether this clause protects the buyer or the builder. Does it protect the buyer from an increase in purchase price of the house? Does it allow the builder the option to raise the price of the house prior to … (1 comments)

St. John's MLS Trends for 4th Quarter 2007 - 02/02/08 11:02 AM
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 a record $153,196 compared to $137,478 during the fourth quarter of 2006 Resale Market Returned to Balanced Classification - The current sales-to-active listings ratio trend and other factors combined, suggest the Market is heading quickly to a sellers classification and already has in some neighbourhoods - … (1 comments)

 
Stephenwinters1

Stephen Winters

St Johns, NL

More about me…

Remax Realty Specialists

Address: 40 Aberdeen Ave, St. John's, NL

Office Phone: (709) 726-8300

Cell Phone: (709) 682-9045

Email Me

Moving to St. John's Newfoundland? Looking for a great city to buy affordable investment properties? Call Fraser and Stephen Winters - Remax Realtors Today!


Links

Archives

RSS 2.0 Feed for this blog