london houses for sale: What is London Ontario Doing About The Environment? - 10/20/10 12:52 AM
Is the well-being of Londoners considered where the environment is considered and is it sustainable? While London and its community may not be perfect, below are a few projects and groups that are making an impact.
London Community Foundation's Clean Air Challenge Reforest London's Greening Our Schoolyards Planning Project Pollution Solutions in the Coves Subwatershed Daily Bread Goes Green Urban League of London Endowment Fund For more information go to the following:
www.clearnet.london.ca www.rethinkenergylondon.com www.postcarbonlondon.ca www.londonvitalsigns.ca … (4 comments)

london houses for sale: Year To Date Sales of Real Estate in Old South London Remains Quite Strong - 07/14/10 05:17 AM
 Houses in Old South and Wortley Village neighbourhood that are listed for sale are selling briskly! 126 have sold from January 2010 to June 30, 2010 and on average homes were on the market for 23 days and averaging 99% of asking price of $249, 210!    At presnt there are 44 houses in Old South/Wortley Village listed for sale from as low as $179,000 up to $800,000 +. Because of the ambience and ecletic range of homes you can see why this is a sought after London Ontario neighbourhood!
Regardless if you are buying a home or selling a home, quality representation and a keen knowledge of … (1 comments)

london houses for sale: Are Real Estate Prices Going Up or Down? - 06/24/10 09:48 AM
Where are real estate prices heading?  Are prices going up or are they going to go down? Should I buy or sell now or wait?I get asked these questions daily and tongue in cheek I say "Does it matter?" Let me explain.
It matters if we are talking about money and money only. So if you have to sell because of financial challenges or you are a buyer looking to take advantage of someone elses' financial motivation, then it does matter.
But what about if you want to downsize or move to the city, the country, closer to the children, farther away … (12 comments)

london houses for sale: House Sales in Byron Hopping So Far This Year - 04/02/10 02:03 AM
61 houses have sold in Byron so far this year and April is looking to be an even busier month! With Byron being a very desirable neighbourhood in London because of its amenities such as schools, parks, shopping, nature and wide range of home designs, once you live in Byron, very few want to move!
There were 10 sales in January, 22 in February & 29 in March! The average house sold for $336,277 which was 99% of the asking price and on average, a Byron house priced correctly and with good curb appeal took 11 days to sell!
As of April … (0 comments)

london houses for sale: House & Condos Are Selling Well in West London Riverbend Area - 03/02/10 04:59 AM
Sales of houses and condos in west London, especially the Riverbend neighborhood has been quite healthy in January & February so far. Homes and condos in Riverbend have been selling on average for 99% of asking price which was $447,027  and less than 52 days on the market!
At present there are only 31 houses and condos available for sale in Riverbend from one floor condos, bungalow detached homes and beautiful 2 storey homes. Even homes and villas and golfing at the Riverbend community.
For up to date information and knowledgable opinion on the lifestyle this great London community has to offer, … (4 comments)

london houses for sale: IS A HOME A GOOD INVESTMENT? - 02/23/10 11:54 AM
As a fairly general rule, homes appreciate about four or five percent a year. Some years will be more, some less. The figure will vary from neighbourhood to neighbourhood, and region to region.
     Five percent may not seem like much at first. Stocks (at times) appreciate much more, and you could easily earn over the same return with a very safe investment in treasury bills or bonds.  But, take a second look ...
   Presumably, if you bought a $200,000 house, you did not pay cash for the home. You got a mortgage and lets say you put as much … (6 comments)

london houses for sale: Hazelden North in London Houses 2010 & What Happened in 2009 - 01/09/10 04:23 AM
What was the real estate market for houses and condos like in Hazelden, a London Ontario Neighbourhood in 2009 and what to expect for 2010?
Houses in Hazelden  
From January 01, 200 9 to December 31, 2009, 11 houses in Sunningdale exchanged hands, 5 were ranches and 6  were 2 storey houses.
The average 2 storey house sold for $412,233 and the ranches average selling price was  $388,700.
    
                                  What Does This All Mean? For Sellers:
The Hazelden neighbourhood is quite stable with above average income earners who tend to stay in their homes longer, hence, less houses for sale. Prices have … (2 comments)

london houses for sale: Summerside 2009 Real Estate Market & What to Expect 2010 - 01/06/10 07:56 AM
What was the real estate market for houses and condos like in Summerside a neighbourhood in south London in 2009 and what to expect for 2010?   

Houses in Summerside 
       From January 01, 2009 to December 31, 2009, 82 houses in Summerside exchanged hands and it took an average of 62 days for houses to sell. The majority were 2 storey houses.
      The average asking price was $261,705 and those that sold, did so for 98% of asking which was $282,219.    Condos in Summerside: In the same time period, 17 condos sold in 59 days with the average asking price of $200,247 and the actual selling price average was $195,000 which is 97%.
(0 comments)

london houses for sale: 1 Year Old 2 Story Home for Sale Close To Downtown London Ontario - 10/31/09 02:54 AM
Contemporary 2 story perfect for any family in a new subdivision named Carling Village and located at 165 McMahen Street in London Ontario and listed for $268,814.
Hardwood on the entire main floor, upgraded underpad throughout, electric fireplace in livingroom. Fully finished lower level with 3pc bath.
Upgraded handrailings baseboards and casings. Oversized master bedroom with double sink in ensuite, his and hers closets, and vaulted ceiling. Appliances included Fridge Stove and diswasher. Bonus Cold Cellar in basement not often seen in new homes.
Ideal location close to downtown, and steps away from Loblaws and Carling Heights Optimist Centre. Builders Warranty … (4 comments)

london houses for sale: New bungalow in North London for sale - 10/28/09 12:35 PM
(0 comments)

london houses for sale: Hazelden North London House Bank Foreclosure Sale - 10/28/09 07:19 AM
BANK FORECLOSURE: Solid 2 storey brick executive Wasko built home in beautiful Hazelden North situated on a quiet cul de sac off of Riverside Drive.
Inground pool by Pioneer pools with all the toys and a quaint pool shed/change area. Rear yard is completely fenced with a wrought iron fence around pool. A very nice deck for entertaining.
The large gourmet eat in kitchen has an island bar, 9' ceilings, pot lights, hardwood floor and a double sided fireplace. In the other side of the fireplace is a large den or family room. Kitchen area is bright with a patio door … (0 comments)

london houses for sale: Thinking about buying or selling a house in Hazelden North? - 10/22/09 08:27 AM
Are you thinking about buying or selling a house in Hazelden North, a subdivision in west London of upscale homes with all the amenities?
Today I was researching the real estate market in Hazelden for a listing that I will put on the market in the next few days and I thought I would pass along a few tidbits.
The average house that sold in Hazelden this year sold for 97% of the asking price of $395,710 and was evenly split between 2 storey homes and ranches. The average time it took for a home to sell was 28 days!
                                                 … (0 comments)

london houses for sale: The Ability to Sell Any Home Rests On The Three P’s - 10/21/09 02:17 PM

The Ability to Sell Any Home Rests On the Three P's, and they are:
Price, Product and Promotion.
The seller usually has control over the price. The seller eventually decides what price he or she will accept for their home.
The seller definitely has control of the product (the property). The seller controls the neatness, cleanliness and general maintenance of the property while being listed.
 The REALTOR* has control of the promotion.
Missing one of the 3 P's can be quite harmful. If the home is overpriced, it won't matter what kind of promotion the REALTOR* does or the show ability of … (7 comments)

london houses for sale: Activity on 2 Storey Homes in North London - 10/20/09 07:02 AM
Activity on 2 Storey Homes in North London
‘What are 2 storey homes selling for in North London' is a question I get asked weekly. Trying to compare apples with oranges may be simpler, but here is a formula that I use which then would enable me to break it down by specific neighbourhood, then street, then house, then amenities.
The average 2 storey house in North London sold for 98% of the asking price of $313,077 and the average time it took to sell a North London 2 storey house was 50 days!
A breakdown of neighbourhoods is as follows: … (1 comments)

london houses for sale: Avoid These 81/2 Buyer Traps When Buying Real Estate Part 2 - 10/16/09 10:04 AM
Avoid These 81/2 Buyer Traps When Buying Real Estate Part 2
 In part 1, we covered, bidding without sufficient information, buying the wrong home and unclear title. Lets' cover the rest:
 Inaccurate Survey 
Before the purchase is completed, a survey or title insurance should be a must. Most lenders will not issue a mortgage without a survey or title insurance. Again, a good REALTOR* will have a clause in the offer to protect you and make sure you discuss this with your lawyer.
Unexpected repairs  
Don't expect every seller to disclose every physical detail that will need to be … (0 comments)

london houses for sale: Avoid These 81/2 Buyer Traps When Buying Real Estate Part 1 - 10/14/09 04:19 AM
Avoid These 81/2 Buyer Traps When Buying Real Estate Part 1 
Shopping for a home is an emotional experience. It's also time consuming and comes with a myriad of details. Some buyers, (and their agents), however, caught up in the excitement of buying a home tend to overlook some items. Their home purchase then turns into an expensive process! These errors generally fall into three areas:
Paying too much Losing a dream home to another buyer Buying the wrong home  When you have a systematic plan before you shop, you'll be sure to avoid these costly errors. Here are some … (0 comments)

london houses for sale: Think like a Buyer When Selling Your Home - 10/13/09 04:20 AM
Think like a Buyer When Selling Your Home  
Of all the things homeowners control when selling their home, the condition of the property is one of the most important.
A crucial part of marketing any product is the presentation of the product. The same is true for real estate. In order to compete effectively with other sellers, homeowners must present their homes to the marketplace in an attractive, desirable condition. When you bought your home, you probably comparison-shopped. Well, buyers still do that today. According to The National Association of Realtors, the average purchaser looks at 10 to 20 properties … (3 comments)

london houses for sale: How Some Agents Sabotage Their Own Listings And You, The Seller, Will Never Know! - 10/12/09 03:20 AM
The most important time for a new listing is when it first goes on the market. When buyers and their agents are searching the Internet and neighbourhoods for something new. When excitement is the highest  What really can happen? For a variety of reasons, the listing agent can make it difficult to show the house. Usually, it is a lack of attention to detail and not a lack of deliberate sabotage. Many agents do not feel a sense of urgency because they know that the house will sell eventually.
 Sellers don't usually have any idea that this is happening. They also … (2 comments)

london houses for sale: What To Do When You Can’t Pay Your Mortgage Anymore - 10/11/09 07:26 AM
This blog was written by Marg up in Collingwood, a real estate professional and I hope this article will help anyone with financial challenges.
Ty

This is one of those uncomfortable topics that most people prefer not to talk about but the reality is that it happens.  Job loss, illness or other life events can suddenly interfere with the ability to pay a mortgage and it happens to the nicest people.
If times are tough at the moment and you are struggling to pay the bills because of a change in your life circumstances, there are things you can do … (0 comments)

london houses for sale: Beware When Setting Your Selling Price of Your Home Part 2 - 10/11/09 07:20 AM
When Your Selling Price Is Too High, Beware: REALTORS* Talk To Each Other Part 2 of Beware When Setting Your Selling Price of Your Home                                                                                                             
If you start out with a price that is too high, there is likelihood you interviewed other real estate sales representatives. They did not get the listing, of course. They got "beaten" out by someone telling you what you wanted to hear.
If your listing representative routinely engages in "buying "listings, he/she has probably has done this to other agents in the same way. Word gets around that their homes are overpriced and the … (1 comments)