Commercial Rentals for Grand Bend

Every year I get requests from people in London, Toronto, Kitchener of what is for rent on the Main Street of Grand Bend, so before the phone calls start I have made a list of what is available! If you would send me an email requesting this list I would be glad to supply it to you. Just email me at remaxdoug@hay.net. The spring will be here before we know it..

Sales already Happening Here in Grand Bend

Just Sold 9 Warwick Ave. home last weekend and the market seems to be ready to go already this January! The office has been busy for this time of year as most of the agents have had sales already and the listings are starting to come in as well. This Cottage/Home is just 3 blocks to the beach. The second cabin can be rented out year round, weekly or just a great guest house to have the friends in. Both places come fully furnished and ready for the summer fun!

RE/MAX Kickstart in Toronto

RE/MAX is ready for the new year and we were down to Toronto at the Convention Centre this week for the annual Kick Start Sales Rally, with almost 2000 agents. There was a lot of great networking, guest speakers and the outlook for 2010 is great compared to a year ago! The spring market should be very exciting this year with the low interest rates and pent up demand. Perhaps the low inventory of good listings may have an influence on prices but it is still early in the season.

Market Recovery Continues with Record Sales in December

Last month, 438 homes exchanged hands in the jurisdiction of the London and St. Thomas Association of REALTORS® (LSTAR), a 55.9-per-cent increase over December 2008. However, December 2008 had an unusually low sales volume of 281, compared to 375 in 2007, 421 in 2006, 388 in 2005, etc. This anomaly explains the large percentage increase for December 2009. However, it should be noted that this was the Best December sales ever in the history of LSTAR and Listings continued to rise by 12.8% - both of these indicators speaks to the strong recovery in our jurisdiction.

Happy New Years

Wishing you and your families all the best for 2010. Drive safely this holiday season. We are off to Michigan to party with the Wellingtons' in Midland and see if the Canadian Juniors can beat the US.

Mortgage Insurance vs Life Insurance

Just over Christmas I was talking to a relative about their new home and they told me they signed up for Mortgage Insurance, through the TD Bank. I thought everyone knew about not getting this type of Insurance though the banks, but I guess not. So once again just to remind everyone of the problems you can have with mortgage insurance, here is a link to the CBC Market place show, about the problem. Please pass this around to your family and friends, so they don't get caught in the same mess. Happy New Years to you and your family!
http://www.cbc.ca/marketplace/in_denial/

Merry Christmas to Everyone

Wishing you and your family all the best this Holiday season and may 2010 be the best yet.