houses: There are no “Sold” stickers left in St. John’s and Running Shoes Required
- 08/31/08 10:58 PM
I think I should buy stock in Nike, Reebok or some other comfy shoe company. My feet are tired; my pretty summer shoes have been tossed into the back seat of the car and there are no “sold” stickers left in St. John’s. What’s happening? Its no big secret, the provincial government signed a memorandum of understanding last August 2007 with several oil partners and since then the market has increased almost 35% in one year. Recreational properties have increased almost 22% and I’ve gone begging and pleading to my office mates for a “sold” sticker I need to put on … (10 comments)
houses: Polish up those Crystal Balls!!
- 11/02/07 01:24 AM
How will the Canadian housing market fair with the U.S. Federal Reserve dropping the rate by another .25%? Our Canadian economy has seen good growth over the past few years while our neighbours south of the border have had, to put it mildly - a hard go of it. An unpopular war sucking billions of dollars out of its economy, the sub prime fiasco, and now our best trading partner's dollar hovering at .94 to our $1.00 - is there light at the end of the tunnel. Are our housing prices going to bottom out, go through the proverbial roof, where's Greenspan when we need him!! I … (4 comments)
houses: Tipping the Scales to a more Balanced Market in St. John’s, NL – Third Quarter 2007
- 10/30/07 12:31 AM
The third quarter Multiple Listing Trends for Newfoundland are in. After a tumultuous beginning to the year, it looks like we are beginning to see the "balanced" market all Realtors hope for; a well priced home selling within a reasonable time frame to qualified buyers. Nirvana! Residential sales were at record highs with an increase in volume of 26% over last year at this time. More good news is in store for sellers as their property values have increased on average to 8.6% for a single residential dwelling over the same period last year - $140,779 to $152,939. With a good supply of … (0 comments)
houses: MLS Trends for Eastern Newfoundland - Second Quarter of 2007
- 07/25/07 03:31 AM
We got the news, we got the graphs to prove it, and hot off the press are the MLS Trends for the second quarter in the Eastern Region of Newfoundland. There's no mistaking it now - its a Buyers Market!!!! We danced around the "balanced market" but Realtors know a bit about economics so when more inventory hits the marketplace there is less demand. So the good news is active listings have reached all time highs which means lots of inventory for those shopping for a new home. And speaking of new homes builders are now using the MLS more and … (2 comments)
houses: Now there's the Money Shot...
- 06/02/07 05:27 AM
Actually there's two money shots. One is the first iceberg in St. John's in more than five (5) years. Hopefully a treat for all the Oceanographers visiting this province for a CMOS conference this week in June. While its not warm in St. John's by any stretch of the imagination, I kinda felt that Arctic chill coming off the harbour yesterday morning. I took a quick walk up Signal Hill (or Mother Nature's Stair-master if you get my drift) - my personal best this year - 46 minutes and low and behold there it was - lodged in Freshwater Bay.
Some of the local … (12 comments)
houses: Living in the Lap of Luxury - Newfoundland Style
- 05/16/07 05:53 AM
It is said (mostly by the Atlantic Lottery Corporation) that a Million Dollars goes a lot further in Atlantic Canada than anywhere else in Canada and perhaps the US. Seems logical, our cost of living is low due to moderate housing costs, our heating costs may be higher its all relative. I was on Roberta Murphy's blog awhile back and she invited Active Rainers to join the Carnival of Luxury. It sounds like fun so I thought and I thought, and I thought some more about our provinces concept of luxury. I know the carnival is over but thought I'd add my … (5 comments)
houses: To Fool Mother Nature is to Fool Ourselves
- 03/09/07 05:24 AM
Last week, I heard that scientists were going to "examine" the Northern Lights in Canada. The Northern Lights apparently cause disruption for cell phone users, telecommunications, distort cable television and do a lot of other nasty things to the consumer. Can you imagine one of the symbols of the aboriginal peoples of Canada for eons is hurting big business? I thought another nail in the coffin for Mother Nature. Of course they might just want to harness the energy to power our lights, or perhaps turn it on for tourists and turn it off when it becomes bothersome. I thought why … (6 comments)
houses: A bump on the head, a stubbed toe, …. and a new pair of shoes!
- 03/02/07 08:21 AM
Yesterday I had one of those days. You know the ones where everything goes a little haywire. It started out that way just after I got out of bed. I usually hit the ground running during the weekdays, off to the office, bury my head in paperwork, meet with my partner, Bill, show a few houses, but yesterday was different. Perhaps karma kicking in like My Name is Earl, telling me to slow down or something. I was getting the paperwork together so I could bring my tax return to my accountant (yes the Tax-man Cometh to Canada too). I had … (12 comments)
I think I should buy stock in Nike, Reebok or some other comfy shoe company. My feet are tired; my pretty summer shoes have been tossed into the back seat of the car and there are no “sold” stickers left in St. John’s.;)
;)
