Tuesday, May 3, 2022

May Newsletter ~ The PEDLAR Team Update


Summer Is Around The Corner!


May is upon us and that means our first long weekend of summer is nearing, May 24 weekend! We hope everyone is excited for warmer weather and ready to watch Grand Bend open up again. Very exciting in terms of business opening back up the Pinery Flea Market, a local staple for many years, opened their doors for the first time this past weekend since the 2019 season!! The Pinery Flea Market brings in thousands of tourists to the area each season and is just another great business that offers a good day of fun checking for both locals and tourists.

More importantly May means Mother's Day and showing extra love to those amazing mom's in our lives!! Don't forget Mother's Day is this weekend May 8th. Check out down below for some amazing spots to think about when planning your mother's day festivities this weekend. Happy Mother's Day to all the mom's that go above and beyond for their children! We are very lucky to celebrate two amazing mom's in our immediate family, Jeannette & Robyn, that will go to great lengths to make sure everyone is looked after. We sure can't forget our trusted admin, Shelley Bedard, in wishing her an awesome Mother's Day!

As many may have experienced already is the construction in Grand Bend. Thankfully the construction is suppose to wrapped up by June 15 for the time being and then pick back up in September. Our town is going to see construction happening for the next few off seasons with the work going on now to get larger services to a new development heading North and then the new bridge construction will commence sometime very soon as well. All we can suggest is leave yourself a few more minutes to get to your destination! 

The new edition of 'IT STARTS AT THE BEACH' was just released and there may be some recognizable faces on the cover! This magazine is put together by our Grand Bend Chamber Of Commerce to showcase everything our amazing community has to offer from a walking trails map to a brewery tour map. Pick your copy up at the Grand Bend Chamber of Commerce office or come into our office at 46 Ontario Street South in Grand Bend.

Want to take advantage of the Spring market then give us a call for an evaluation and see if now is the right time for you!

Call us anytime at 519-238-5700.

Lambton Shores Short-Term Rental
Decision Is Made


At the end of April there was a Council meeting where the bylaw was passed pertaining to short-term rentals in Lambton Shores. The municipality realizes most rentals are all ready booked up and ready to go for this season so they are taking a phased-in approach for this year. They request all short term rental owners register their rental with the municipality by June 1st, 2022. No fee is required for the program this year. The first year of full implementation will be 2023. Please find the link below to do so and also through that link are answers to the most common questions about privacy of information and other things. The other link is the actual by-law itself for you to review. With many municipalities across Ontario reviewing there short-term rentals, due to the few bad apples with no regards for their neighbors and the community, this could have resulted in much more severe by-laws like Collingwood or Goderich where no short-term rentals are allowed at all. 

Rental Registration Link: https://www.lambtonshores.ca/en/our-government/short-term-rental_registration.aspx#Isnt-there-a-licensing-program-or-licensing-fee

By-Law Link: https://www.lambtonshores.ca/en/our-government/resources/Documents/Short-Term-Rentals/Registration/29-of-2022---Short-Term-Rental-Registration---AAODA.pdf

Canadian Housing Market Outlook To 2027


A new report from RE/MAX Canada finds that “small” Canadian real estate markets are attracting new residents and homebuyers primarily for the livability factors that they offer, such as green spaces and neighborhood dynamism, to name a few*, ahead of affordability by a slim margin. The 2022 Small Markets Report analyzed home sales and price trends in the fastest-growing small Canadian housing markets, which are defined as those with the highest population growth rates in 2021, and having a population of less than 440,000, with secondary markets below 100,000**.

Residential prices in these communities have continued to rise as a result of low inventory and growing demand. RE/MAX Canada brokers and agents anticipate residential price growth across all small markets analyzed in the report, with expected price increases ranging from three per cent up to 20 per cent in some regions through the remainder of 2022. Unsurprisingly, some of these markets have already experienced significant year-over-year price appreciation in the range of 17 to 46 per cent.

Some key points:

  • Quality of life factors, or “livability,” are drawing many Canadian homebuyers to small markets (40 per cent); followed by housing affordability (37 per cent)
  • More than a quarter of people living in larger markets (28 per cent) would like to move to a smaller market in the next two years
  • A quarter of Canadians (25 per cent), have received family support to purchase their first or current home; this number is consistent in large and small markets

To read the full blog click this link: https://blog.remax.ca/these-small-canadian-real-estate-markets-are-booming/

Happy Mother's Day!


Wondering what to do this weekend for Mother's Day?!?! We have you covered! I am sure we are missing some awesome local businesses but here a few great options that are local! It is suppose to be nice this weekend so get out and enjoy it! Fingers crossed the weather lady/man isn't lying this time!!

- Ausable - Port Franks Optimist Club is selling a variety of colours and styles of chairs with or without plants for that conversation piece in your garden or porch! Unplanted chair is $40 and planted chair is $50. All proceeds go to the Ausable-Port Franks Optimist Club. Call Lorie Scott today at 519-243-3005 to get your chair today!
- Start the day with a morning coffee and treat at the Cottage Cafe on River Road in Grand Bend overlooking the river!
- Oakwood Resort is having a special Mother's Day Brunch that is always so delicious! Reserve your spot today at 519-238-2324
- Widder Station Golf, Grill & Tap House is having a Mother's Day Brunch as well! To reserve your spot with them it is 519-296-4653
- Don't forget it will be the second weekend for the Pinery Flea Market to be open and we all know our Mom's like to do some shopping!
- Shale Ridge Estate Winery south of town outside of Thedford has some great Mother's Day baskets to purchase and so many more tasty beverages to enjoy while you are there!
- Grog's Pub and Grill has their Sunday Seafood & Sound this Sunday for Mother's Day!
- Bad Apple Brewery north of Grand Bend has live entertainment both Saturday and Sunday!
- Or take Mom golfing (weather depending!) at one of our local awesome golf courses like The White Squirrel north of Grand bend, Oakwood 9 Hole Course in town, Widder Station, Sandhills & Indian Hills all South of Grand Bend.

Regardless what you end up doing we hope you have a great day with Mom!

           Feature Business Of The Month            Jerry Rader Homestyle Market
We love showcasing our local business owners that love this community as much as we do! Jerry Rader Homestyle Market has been around for many years and with his daughter and son running things it is bound to be around for many years to come!

Jerry Rader Homestyle Market is a family-owned, unique country market with locations in Zurich and Goderich. They offer a wide variety of homemade deli salads, frozen meal ideas, and baked goods. Takeout lunch options are also available. Our personal favourite is the turkey sandwich and the tuna and mac pasta salad! Always allow extra time when you visit because you will not want to miss browsing through all their unique giftware. They carry lots of different local favourites on top of their own items. Be sure to try their own line of BBQ rubs and seasonings, branded as Reeedz BBQ. These can be found in their stores, online, and in over 25 locations across Canada.

Click the link to check their website out: https://www.jerryraders.com/

73377 Sandy Beach Road, Bluewater
Sunset Cove Subdivision
Listed at $1,400,000

Prime lakefront location just north of Grand Bend at Sunset Cove Subdivision. Located at the end of a quiet street half way between Grand Bend and Bayfield. Nice private setting with your own stairs down to a wide sandy beach and the shores of Lake Huron. 85' of lake frontage with gradual stable bank. The cottage was built in 1997 and features an open concept design with 2 bedrooms and 1 bathroom. Living room with field stone feature wall and wood fireplace. Dining room with patio doors to your lakeside composite patio and an abundance of windows overlooking the lake. Cute and clean design with great curb appeal. Comes fully furnished so all you have to do is pack your bags and come to the Lake!

Click the link to watch the virtual tour: https://www.youtube.com/watch?v=VMFqWaTgyL4

9902 Burwell Court, Lambton Shores
Walden North Subdivision
Listing at $599,900
  • 3 Bedrooms/2 Bathrooms
  • Backing Onto Farmland In Private Cul-De-Sac
  • Huge Backyard Complete With Hot Tub & Gazebo
  • Open Concept Great Room With Cathedral Ceilings
  • Hardwood Floors Throughout Main Floor
  • Single Attached Garage
  • Full Partially Finished Basement
  • Gas Furnace with Central Air

Call The PEDLAR Team today for more information at 519-238-5700

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!

Check out the website for ORRT and learn more about the group: https://www.orrt.ca/

Get Your 2022 Grand Bend Locals Card!


Support Local With Your GRAND BEND Locals Card

It is the hope that this card will encourage you to choose local businesses, more often. They've been quietly adding new businesses, new offers and TWICE as many draws! As lovers of Grand Bend, we need to stick together and keep our businesses OPEN. These Local businesses who are unable to provide specific offers, have stepped up to help provide MORE CARDHOLDER Draws! More Draws = More Winning & More Local Spending. Let's support them, for all they do to support our community.

Click the link to see more information: https://grandbendlocals.com/

New To Lambton Shores?

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. 

Click the link: https://www.lambtonshores.ca/en/living-here/new-to-lambton-shores.aspx?platform=hootsuite

Lambton County & Huron County
Business Map


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. 

Lambton County: http://www.shoplambton.ca

Huron County: https://huron.maps.arcgis.com/apps/webappviewer/index.html?id=dc52efb9fee04e748431bb74c8335c9f

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. GIVE US A LIKE ON OUR FACEBOOK PAGE BY CLICKING THE ICON BELOW!

We love to hear about your experience with The PEDLAR Team so please feel free to head to our facebook page and leave a review.

Click the link to leave a review: https://www.facebook.com/thepedlarteam/reviews/
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
The Pedlar Team Facebook
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The Pedlar Team YouTube
The Pedlar Team Twitter
 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

Monday, May 2, 2022

March Sees Record Number of Listings, but Inventory Remains Low

 1,049 homes were sold in March 2022 in the London-St. Thomas area via LSTAR's MLS® System. During the same time frame, 1,544 listings came on the local market, which makes last month the March with the highest number of listings in the history of the London and St. Thomas Association of REALTORS®. 

"Despite the record number of listings, our inventory – the number of active listings at month end – saw just a slight increase from last month, creeping up from 0.5 months to only 0.6," said Randy Pawlowski, 2022 LSTAR President. "The sales-to-new-listings ratio for the entire jurisdiction of LSTAR was 67.9%, much lower than a year ago, but still indicating a Sellers' market," he continued. "The latest interest rate hike by the Bank of Canada may have put a damper on what has been so far a truly fierce competition among local home buyers," he explained. 

In March, the overall average price for all home types in our area was $823,954, whereas LSTAR's composite MLS® Home Price Index Benchmark Price sat at $774,200. "These figures suggest that the pace of home price gains might have started to slow down in our area," Pawlowski said. "It's way too early to predict the impact of this new measure, but Ontario Government's recent decision to increase the non-resident speculation tax to 20% and expand it throughout the whole province might also help tame home prices," he added. 

The following table shows how March's average home sales prices in LSTAR's five main regions compare to the benchmark prices for the same areas.

AreaMarch 2022 MLS® HPI Benchmark PriceMarch 2022 Average Price
Central Elgin$826,600$927,880
London East$685,600$669,005
London North$894,800$947,700
London South$770,100$823,904
Middlesex Centre$1,085,800$1,228,124
St. Thomas$665,200$728,860