89 Ontario Street, Thedford

December Newsletter - The PEDLAR Team Update

Happy Holidays & Merry Christmas December is here and that means Christmas is right around the corner. With the holidays come lots of time with family and friends. We would like to give a big thank you to all those that made 2018 one of our best years yet! Please be safe on the roads over the holidays and please don't drink and drive. Merry Christmas from The PEDLAR Team. Exciting News From Mark and Robyn Mark and Robyn Pedlar are going to be busy with twins expected to come in March! They had there gender reveal party this past week and Mark is going to be enjoying a house full of girls! Chloe, now almost 2 years old, will have two new sisters in March!                                  Concerns About Canadian Market That Experts Say Not To Worry About Here we have a great article written by Sarah Nledoba that discusses concerns about the Canadian market that experts say not to worry about. 1) Household debt is high - but it's going down 2) Foreign buyers aren’t as big a factor as you might think 3) Dependence on alternative lenders is still under control The article goes on to discuss how the Canadian market is in a secure position and “The Canadian system seems likely to be ready for prospective challenges, even if the economy softens here or abroad,” reads the report. Read the full article by clicking the link: https://www.livabl.com/2018/11/3-concerns-canadian-housing-market-experts-say-arent-worth-worrying-yet.html?fbclid=IwAR2jUoQipIoEnBy8JLEEB6XEcxHmvd9n70Jij17DZPP2R5aCPi2hXO5s5Gk Aunt Gussies - Muffins For Jessica's House You buy a dozen muffins in 2018 from Aunt Gussies and they will donate a dozen in 2019 to Jessica's House in Huron County. Jessica's House is a hospice for families to be with their loved ones in a comfortable setting close to home.They are up to 10 dozen so far AND the patients can eat these too (made in commercial kitchen & healthy). Contact Aunt Gussies and get your muffin orders in to support a great local cause. Social Media Have a great day everyone and don't forget to check out our social media sites like youtube, facebook, twitter and our website to stay up to date on all the latest listings. You can find the links to these various social media outlets above our information below. See the benefits of using a high quality drone and camera for videos and pictures to add content to each listing. Pinedale Subdivision Open Concept Bungalow Lower Level Walkout Large Wrap Around Deck Detached Double Garage $479,900 Southcott Pines Executive Retreat Oke Woodsmith Redesigned Cobble Stone Design Landscaping 4+1 Beds 2 Bath $769,000 Downtown Grand Bend Built In 2008 3 Beds 3 Bath Backyard Oasis Full Finished Basement $519,000 If you or any of your friends and family are looking to buy or sell make sure to call us first! Referrals are the greatest compliment Check our website out by clicking the link below http://www.grandbendrealestate.com  Doug Pedlar      Mark Pedlar     Garrett Pedlar      Broker of Record                         Broker                        Sales Representative 519-902-4099    519-670-0746     519-872-0910  remaxdoug@hay.net           remaxmark@hay.net          remaxgarrett@hay.net Copyright © 2017 RE/MAX Bluewater Realty Inc., All rights reserved. RE/MAX Bluewater Realty Inc. 1-519-238-5700 46 Ontario Street South Grand Bend, Ontario Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

SOLD ~ Lakefront In Ipperwash, Lambton Shores

A Record Month for Home Sales in October

London and St. Thomas Association of REALTORS® (LSTAR) announced a record 906 homes were sold in October, up 11.9% over the same month last year. The number of home re-sales in October marks the best monthly total for October since LSTAR began tracking data in 1978.

"It was a very strong October, with home re-sales high above the 10-year-average," said Jeff Nethercott, 2018 LSTAR President. "One of the trends we saw in October was a healthy increase in the number of new listings to the marketplace. October had 1,171 new listings, up 38.1% compared to October 2017. Average sales price continues to make steady gains as well all across the region."

"Although inventory (what is called active listings) has seen a record low in 2018, October actually had a slight gain," Nethercott said. "Last month, there were 1,553 active listings in LSTAR’s jurisdiction, up 3.0% from October 2017. The sales-to-new listings ratio was 77.4%, which the Canadian Real Estate Association (CREA) says represents conditions in the marketplace that favour sellers (a ratio between 40% and 60% is generally consistent with a balanced market).

 

The market here in the Grand Bend area has been very active as well with homes/cottages selling well in the fall market and there are more listings on the market compared to the summer. Our average price this year has been steadily rising with some areas increasing over 20%.

SOLD in Grand Bend ~ Main Street Commercial Building

SOLD in Bluewater ~ Second Row Cottage

SOLD in Grand Bend ~ Grand Cove Estates