Thursday, November 18, 2010
Wednesday, November 17, 2010
Jeannette and I went to the National Association of Realtors (NAR) Annual Conference in New Orleans with the London St. Thomas Association of Realtors (LSTAR) as I am on the Board of Directors this year. It was a great trip with lots to see around the conference and the Big Easy, New Orleans. The music was everywhere from jazz, to blues, to Gospel music on Sunday morning and Earth, Wind & Fire at the concert that night. The weather was in the high 70s and sunny everyday. Should be like that in Grand Bend!
Monday, November 1, 2010
Last month a total of 566 homes exchanged hands, down 14.8% from the previous year. “This is right in line with what we’ve seen all over the country over the past five months,” says Richard Thyssen, President of the London and St. Thomas Association of REALTORS®. “We experienced a higher volume of sales immediately after the downturn as consumers who had been sitting on the fence jumped back into the market. Now that pent up demand has been met and the market has settled down a little. The Year-to-date sales figures speak to this: at this point in the year we are still 1.1% ahead of last year.” This month, as in previous months and years, homes in LSTAR’s jurisdiction maintain their affordability compared to other major Ontario and Canadian centers. Home sales in the Grand Bend area were very similar to those of London with prices stabilizing and sales down compared to 2009.