Infloor Radiant Heating at Townsend Meadows

The floors are being poured, in this photo taken before Christmas. You can see the insulation and the heating coils in this photo

New Country Listing Near Grand Bend

Just listed this 10 year old 5 bedroom home on an acre of land in Corbett! Only 10km from Grand Bend the property has a spacious shop with radiant heat, separate workshop and bath. The updated and freshly painted home features in floor heating downstairs, walkout entrance, new hardwood floors and oak cabinets to mention a few of the improvements. Great location, only 45 minutes to London and the peace and quiet of the country!

Market Conditions Have Changed!

Michael Polzler of RE/MAX Ontario says that we can't be influenced by what we read in the newspapers, or on the television. It's true that the market has changed, but human nature has not. Real Estate is one of the largest investments people will make in their lifetime. It's also one of the safest. Get out and spread the word. If you bought a home in 1980 worth $67,000, that same property is valued at over $300,000 today - an increase of 350% and the profit is capital gains exempt. It's no wonder that Canada has one of the highest homeownership rates in the world, at close to 70%. No matter what the investment community will tell you, you can't live in your mutual fund!

Happy New Years!

Hope everyone is ready for 2009. According to the London Free Press today the housing market in London is stable and builders will weather the economic downturn. With CMHC predicting 2,100 new home starts for 2009, down from the 2007 and 2008 numbers, but it is sure a lot better than the 1000 new homes in 1995! With the lower interest rates and the Sellers market, I am hoping that 2009 will be a return to normal levels. We have been fairly busy here in December and now is a great time to Buy!

MERRY CHRISTMAS FROM THE PEDLAR FAMILY

Wishing you all the Best this Holiday Season from our Family to Yours!

Doug, Jeannette, Aaron, Mark, Garrett and Puddles

Great Deal on a Cottage!

Have you been looking for that inexpensive get away?...Here it is...just north of Grand Bend in the Highlands I Subdivision. This 3 bedroom Cottage is just a short walk to the beach, comes fully furnished and is ready for renting. There is work to be done to the place but it you are looking for the cottage you can't find it any less expensive than this!

The Market for November!

The London and St. Thomas Association of REALTORS® (LSTAR), reported that 386 homes exchanged hands last month. The year to date sales are down 11% compared to 2007, but this year is becoming a return to a balanced resale market with more normal sales levels. The average price of homes in the area continues to rise slowly but this does seem to be a great time to buy that retreat that you have been thinking about!