new brunswick: Real Estate Market Inventory Shortage Not Surprising - 03/18/21 03:52 AM
In our Atlantic Canadian Province of New Brunswick, it should be no surprise that we are experiencing a SELLER'S market in real estate. The chart above clearly shows the New Brunswick real estate market over the last few years has trended in favour of Seller's.
In 2020, after the initial shock of the Spring pandemic lockdown, the Summer brought a flood Buyers. And the steady stream of Buyers shows no signs of waning as we enter Spring 2021.
The inventory of listings remains at all time lows. Buyers would be wise to seek full representation in this market.
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new brunswick: Cannabis for all (19+) may result in Atlantic Canada tourism boom? - 10/20/18 05:59 AM
October 17, 2018 - The beginning of legal sale of cannabis for recreational use in Province of New Brunswick government stores.
The Cannabis NB website has full details on products, accessories and more.
Tourism is important to the New Brunswick economy. The provincial government's department Tourism New Brunswick maintains a website to encourage tourists from the United States and around the world.
Increased tourism adds jobs. And not just in the Summer but also in Autumn and Winter and Spring.   
This Winter and early Spring, will New Brunswick's ski hills experience a rise in out-of-country skiers and snowboarders? Will room occupancy rates rise? And what … (2 comments)

new brunswick: First Quarter New Brunswick Housing Starts - 04/09/13 04:46 AM
The first quarter of the year is the least productive quarter for new housing starts. A housing start is recorded when the footings and foundation go in. This is, after all, New Brunswick, Canada. A contractor must be truly motivated to take on the discomfort as well as the added expense of working outside in below freezing weather between snowstorms in January, February and March. I've prepared the graph below to illustrate housing starts recorded in the last few years. Total housing starts in the first quarter of 2013 were about average, although single detached starts were off.

  
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new brunswick: Real Estate Licenses in New Brunswick Explained - 03/07/13 08:43 PM
 
 
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new brunswick: New Brunswick Homebuyer Closing Costs - 01/14/08 11:21 AM
Land Transfer Tax - You can't avoid the tax man, or get your deed registered in New Bruswick without paying 1/2 of 1% of the purchase price of the property. Legal Fees - Certifying title, executing the mortgage documents, verifying adjustments, and conducting the closing. Typical fees are in the order of 1% of the purchase price, but rates can vary. It usually pays to shop around. If the property is already on Land Titles it is usually less. Disbursements to government agencies for things like tax certificates and document registration fees typically add another $180. Prepaid Adjustments - If the … (0 comments)

new brunswick: Tormentine Peninsula Real Estate - 10/09/07 08:01 AM
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new brunswick: Sussex Real Estate Listings - 10/08/07 11:44 PM
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new brunswick: August 2007 New Brunswick Market Report - 09/29/07 06:26 AM
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new brunswick: New Brunswick - Canada Immigration Program - 08/25/07 08:31 AM
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new brunswick: Dieppe, New Brunswick Named After Dieppe, France - 08/08/07 04:00 PM
Originaly known as French Village and subsequently Léger's Corner, in 1946 it became the Village of Dieppe in memory of the Canadian soldiers killed during the Allied raid on the Normandy coastal port of Dieppe on August 19, 1942.
In 1948, Lakeburn was annexed to Dieppe, with the expanded village becoming incorporated as the Town of Dieppe in 1952. Lakeburn is where the Moncton Airport has always been located. During WWII, Lakeburn was home of an RCAF Flying Training School.
In 1973 Saint-Anselme, Chartersville, Fox Creek and Dover were annexed into Dieppe.
Having recently achieved city status in New Brunswick, Dieppe's population now exceeds 18,000. Discover more about the City of Dieppe, its Industrial Park and Economic Development … (0 comments)

new brunswick: Go fly a kite! - 08/07/07 09:32 AM
 
The Dieppe International Festival of Kites surely must be one of the most unique summer events in Atlantic Canada.
Dieppe in New Brunswick, Canada and its sister city, Dieppe in France, alternate hosting the Festival International de Cerf-Volant de Dieppe! Now that's international cooperation!
This great event appeals to all ages who are awed by the beauty and complexity of the kites. This year theme is "Mardi Gras in the sky". A quick check of the website indicates registrants from countries near and far including Australia, South Africa and Tasmania
This year the program runs from Wednesday, August 15th to Sunday, August 19th. 
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new brunswick: Real Property and Mineral Rights in New Brunswick - 07/26/07 03:28 AM
Recent newspaper articles about claim staking in New Brunswick have raised the level of interest in the subject with the public and REALTORS®. Below is a brief but very informative piece on the subject. I've added hyper-links to the appropriate acts. Also find more information on the New Brunswick Department of Natural Resources web site.
In New Brunswick, REALTORS® have a duty to be informed regarding the essential facts which affect current market conditions. Essential facts include legislation affecting real property.
  
Mineral Exploration by Donald Arseneault, Minister of Natural Resources, New Brunswick  
Mineral exploration is booming.  High prices and New Brunswick's potential for mineral development are the two main reasons. Our province also … (0 comments)

new brunswick: New Brunswick Business Tax Competitiveness - 07/12/07 12:10 PM
According to a July 2007 report from the C.D. Howe Institute, in the area of effective tax rates on the cost of doing business,New Brunswick is the least taxed jurisdiction in Canada.The C.D. Howe Institute Backgrounder report also forecasts that New Brunswick will remain the lowest through 2011.In the area of effective tax rates on capital investment, New Brunswick, now second lowest in Canada, is forecast by 2011 to be the lowest.If you're considering moving or starting a business in New Brunswick, contact me for information on buying or leasing any type of New Brunswick real estate.Larry Estabrooks is an independent … (0 comments)

new brunswick: Dieppe Building Permit Report - 06/12/07 01:52 PM
In the month of May, the city of Dieppe issued building permits valued in total of almost $11 million dollars according to statistics released by the Inspection Department. The single family sector dominated with 42 permits worth $4 million. There were 11 permits with values of $3.7 million in the commercial sector while there was one permit in the industrial category for $1.3 million. The total for the first five months of the year stands at $24.5 million with 227 permits and 130 residential units. These numbers were $33.4 million and 244 permits for the same period last year.  
Larry … (0 comments)

new brunswick: Property Disclosure Statement Purpose in New Brunswick, Canada - 06/07/07 12:01 PM
The Purpose of a Property Disclosure Statement Mr/Mrs/Ms Seller, as your agent I ask that you complete a Property Disclosure Statement. The PDS helps us identify relevant information and conditions regarding your property and also prepares us for the typical questions asked by buyers.
You are not legally obligated to complete a PDS, but the information can be helpful to me when listing your property. You should be aware that a PDS may include items that a seller need not disclose such as observable defects. Buyers are expected to fully inspect your property and take note of such matters.
You are … (0 comments)

new brunswick: Dieppe New Brunswick Real Estate Market Report - May 2007 - 06/05/07 07:07 AM
This is a single family residential report. YTD Unit sales are up 17%, trending towards a record year in Dieppe. Unit sales are up in Dieppe Center and Chartersville. Listings are up but unit sales are down in the Fox Creek area. Overall sales to listings ratio in the city is unchanged. New listings are up 16% overall in the city. For more Dieppe real estate info, contact me at LarryEstabrooks.com. (I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in Dieppe which is comprised of widely divergent neighborhoods.)
Larry … (0 comments)

new brunswick: Riverview - New Brunswick Real Estate Market Report - May 2007 - 06/05/07 04:53 AM
This is a single family residential report. Town of Riverview home sales are down 13 % year to end of May. Listings processed year to date are down 19%. The YTD sales to listings ratio climbs slightly. The twelve month average sale price advanced in all three areas. (I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in Riverview which is comprised of widely divergent neighborhoods.)
 
Larry Estabrooks is an independent real estate agent in Moncton, New Brunswick, Canada
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new brunswick: New Brunswick Real Estate Market Report - May 2007 - 06/01/07 05:00 AM
Year to end of May 2007 residential MLS® sales are up in New Brunswick's three largest real estate boards.
The Moncton area continues to hold the distinction of the largest market. The Moncton area average sale price is currently lower than Fredericton or Saint John. The Fredericton area continues to hold the distinction of the highest average sale price. Saint John has the highest increase in unit sales on a percentage basis over last year. (I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely … (1 comments)

new brunswick: Fredericton Real Estate Market Report - 06/01/07 04:38 AM
2007 to end of May residential MLS® sales in the Fredericton area.
Residential unit sales are up 18.6% over the same period last year. The average sale price of the 1,100 properties sold is up a mere 1.8% over the same period last year. New listings are slightly behind last year. The sales to listing ratio is 51% compared to 41% for the same period last year. The Fredericton area has the highest average sale price in the Province. (I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in cities … (0 comments)

new brunswick: Saint John Area Market Report - 06/01/07 12:20 AM
Year to end of May residential MLS® sales are significantly higher in the Saint John area.
Residential unit sales are up 23% over the same period last year. The average sale price of the 861 properties is up 12.4%. New listings processed are slightly ahead of last year. The sales to listing ratio is 55% (I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in cities and towns comprised of widely divergent neighborhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing … (0 comments)

 
Larry Estabrooks, 100% representation means NEVER DUAL AGENCY ! (Independent Real Estate Agent)

Larry Estabrooks

100% representation means NEVER DUAL AGENCY !

Moncton, NB

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Independent Real Estate Agent

Address: 50 Baffin Drive, Moncton, New Brunswick, E1A 5P1

Mobile: 1+(506) 856-0202

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