The London and St. Thomas Association
of REALTORS® (LSTAR) announced 824 homes exchanged hands in February,
achieving another monthly record for residential sales. Sales were up more
than 19% compared to the same time a year ago, marking the best results ever
for February, since the Association began tracking data in 1978.
"This is the sixth consecutive
month of record sales, demonstrating just how strong the housing
marketplace is right now," said LSTAR 2021 President Jack Lane.
"Because of the low supply and high demand, we continue to see
increases in average sales price across the entire region."
Another important measure is the
sales-to-new listings ratio. "In the month of February, the ratio was
83.3% for LSTAR," Lane said. "A ratio between 40% and 60% is
generally consistent with a balanced market, again demonstrating how robust
the marketplace is. For those interested in selling their home, it's an
opportune time to get in touch with a local REALTOR®."
Despite the increases, homes in
LSTAR's jurisdiction continue to remain relatively affordable when compared
to houses from some other major Ontario and Canadian centres.
Good day everyone! Hope this newsletter finds you and yours well. March is upon us and we have lots to celebrate from international womans day on March 8th, St. Patricks Day on March 17th & the first day of spring on March 20th! Let's hope the sun keeps us company over the next few weeks and spring becomes a reality sooner than later.
We want to say a huge thank you to everyone that got involved in our Family Day Giveaway! We will be doing more giveaways so keep an eye out for future facebook or email notices of future draws!
The office has gained a new friendly face by means of Garrett's new puppy 'Gem'. She has been loving her naps and socializing at the office! She can't wait to meet all our wonderful clients in due time. Enjoy a couple pictures of Gem below.
We are never far from our phones if you have any questions about real estate! Call The PEDLAR Team today for all your real estate needs!
International Woman's Day March 8th
This day, whether you are male or female, is a good excuse to call your mother, sister, daughter, friend, or any woman whom you appreciate and/or love and tell them…just that. Give them some true appreciation. Tell them those things you love about them that you never say, those things that we assume the other person knows.
According to the UN, International Women’s Day is “a day when women are recognised for their achievements without regard to divisions, whether national, ethnic, linguistic, cultural, economic or political. It is an occasion for looking back on past struggles and accomplishments, and more importantly, for looking ahead to the untapped potential and opportunities that await future generations of women.”
Here are some great quotes by women, about women: “Girls should never be afraid to be smart.” – Emma Watson “In the future, there will be no female leaders. There will just be leaders.” – Sheryl Sandberg “There is no limit to what we, as women, can accomplish.” – Michelle Obama
St. Patrick's Day March 17
As one would expect due to COVID concerns there will not be any gatherings to celebrate St. Patricks Day. That being said, it doesn't mean you can't celebrate it at home! Go get some green dye and add it to whatever your drink of choice may be, discover the history of St.Patricks day, or tune in to the festivities that St.Patricks Festival organizers put online and watch the parade & musical acts all from the comfort of your home anywhere in the world!
While sales activity broke records in 2020, it was also a year that emphasized the importance of having a safe space to call home, as Canadians were asked to help reduce the spread of COVID-19.
REALTOR.ca continues to be the go-to trusted real estate platform for Canadians. It has maintained its spot as market leader with 73 million visitors last year—up 45% from 2019!
Let’s take a closer look at how REALTOR.ca continues to help connect consumers to REALTORS®:
- REALTOR.ca sent 4 million leads to REALTORS® in 2020, up 38% from 2019. -Visitors looked at REALTOR® profiles 11 million times in 2020, an increase of nearly 24% from 2019. -REALTOR.ca visitors looked at property pages 1.7 billion times (up 73% from last year). That’s an average of 196,000 property views per hour!
It is not surprising to hear these drastic increases of interest in residential real estate as prices increased approximately 30% across the various areas of Ontario.
Miracle Home Agents
The PEDLAR Team wants to send a huge thank you to our clients that make it possible for us to be Miracle Home Agents and donate a portion of every sale to the Children's Miracle Network! We made our largest donation in 2020 and Doug has been in the program for over thirty years!
Can you believe that in a pandemic, our RE/MAX Miracle Home Agents had a record year? Drum roll please … $208,089 raised for kids with serious health issues at Children’s Hospital in London by Re/MAX Miracle Home Agents. These funds will go to supporting urgent and emergent needs at the hospital as life with COVID-19 continues. But to break it down, here are some of the items your support can make a reality:
A Progressa Sports Bed for the PCCU ($45,000) to protect immobile patients from complications such as lung issues
A Giraffe Omnibed for the NICU ($63,000) to create a microenvironment for fragile babies to thrive
Fun and laughter with Ollie the Therapeutic Clown ($75,000), helping to ease stress and anxiety related to the hospital and the pandemic
Sick children continue to fight cancer, heart disease and other serious health issues. COVID-19 has complicated their care. Even in uncertain times, our children remain our greatest hope for the future.
Ontario Regional Referral Team
Looking to move outside of the area and not sure who to call? As always call The PEDLAR Team with any of your real estate needs! We are closely connected with a group of realtors that cover Southwestern Ontario. Along with our involvement in the Re/MAX community we are sure to line you up with a trusted knowledgeable real estate agent to make your plans a reality anywhere in North America, or the world for that matter because Re/MAX is global!
Townsend Meadows Development In Forest Only 3 Units Left In Final Phase 3
Welcome to Forest’s newest adult lifestyle development. Townsend Meadows is the ideal destination for seniors who are looking for an exclusive retirement development in a caring community of like-minded neighbours. Enjoy all the conveniences of your family home without any of the maintenance and security concerns.
Townsend Meadows has come about through the initiative of a number of community members who wanted to create an accessible seniors development and provide a housing alternative that would help keep retirees in Forest. Townsend Meadows offers an opportunity for private independent living in the social and supportive atmosphere of small town living. There is are three floor plan sizes to choose from. You can enjoy a lifestyle free from the day-to-day worries of maintenance and security. We cut the grass and shovel the snow and you have the freedom to lock the door and go and spend time on things that are important to you.
A new initiative started by the Lambton County & Huron County Economic Development groups was uploaded recently. They each created a virtual mapping website to show all the businesses and store fronts across the counties. These were created as an idea during COVID and will become a great tool for locals and tourists alike after COVID. Any business can be posted in the respective area if you go to the proper link below for each county.
Order food for takeout or delivery from the restaurants you love in Arkona, Bayfield, Blyth, Exeter, Forest, Grand Bend, Hensall, Kettle & Stony Point, Ipperwash, Northville, Parkhill, Port Franks, Thedford and Zurich! Many of our restaurants are OPEN and LOOKING for your business. This is a great way to see what is open in our area. Support local during these times so we can enjoy them to their fullest when COVID restrictions are eased.
The municipality of Lambton Shores is starting a new initiative of making municipality information easier to find out. Check the link out and see what things you didn't know about this awesome municipality.
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. GIVE US A LIKE ON OUR FACEBOOK PAGE BY CLICKING THE ICON BELOW!
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