On Behalf of Dallmitch Holdings, Chestnut Park West is Pleased to Present Newry Station! Today, I’d like to feature a new residential development project that I’m very excited to be a part of! Located along Highway 23 in the peaceful town of Atwood; only ten minutes south of Listowel, 35 minutes north of Stratford, and just under 45 minutes west of Waterloo is a collection of fully serviced...
After the dramatic ups and downs of the past year, I wanted to take a step away from my typical style of content this week to recognize the achievements of some of my friends and colleagues here at Chestnut Park West. 2020 started out by being anything but certain – I’m sure we can all remember what we were doing almost exactly a year ago now, when businesses started closing their doors, grocery...
These are far from the easiest of times to be operating in our market as a home buyer – we get it. The past few months have seen staggering increases in average sale prices across all types of housing in Waterloo-Wellington which have seemingly been pricing ever more people right out of the market, and dashing dreams of homeownership for prospective first-time buyers. Every day seems to...
As temperatures are beginning to edge back above the freezing mark and our days are getting longer, we’re finally in the home stretch of this year’s long pandemic winter. While it hasn’t been an easy season for many of us, perhaps for no group is this truer than those folks who have been trying to get a foot in the door of the local housing market. Competition among buyers has been fierce...
Earlier this week over the course of my daily rummaging online, I came across an article published by Millionacres (part of the Motley Fool’s investment network) which outlined a basic starting point for anyone in the United States who might be interested in investing in Canadian real estate. Of course, foreign investment in Canadian real estate is nothing new - nor is it limited to US residents....
Real estate markets in Waterloo Region weathered 2020 in far better shape than many initial projections would have suggested. For example, who else remembers that now-infamous CMHC report from last spring which forecast a drop in average sale prices of as much as 18 percent? In reality, average sale prices in Kitchener-Waterloo increased over the one-year period between December 2019 and...
A Cautionary Tale. My final post this week is going to be a bit of a departure from my usual analysis. Instead, I’d like to bring a real-life event to your attention – something which occurred just this past week at my own brokerage, and it’s a situation that highlights just how valuable proper representation in the real estate world can be. I know many folks will already be familiar...
As the cost of entry for home ownership continues to defy gravity in the Waterloo-Wellington area, it was always inevitable that we’d eventually see a consequent bump up in average monthly rents here, too. People need somewhere to call home – and when they’re being priced out of home ownership in ever-greater numbers, they turn to the rental market. There’s a yin and a yang to this...
I don’t often break my professional focus on these pages, but if you already know me well, then you’ll know that not much gets me more fired up than a Leafs winning streak! While the residential resale market has been absolutely on fire over the past several weeks too (I’ll get into a little stats recap later on), I couldn’t help but be tempted to lead off by making mention of my favourite...
Real estate news in Kitchener-Waterloo was absolutely dominated in 2020 by massive increases in sales prices year over year in every part of the housing market. And when the average sale price of a single detached home surged above $850,000 for the first time ever just this past month, eclipsing even the 16.9% average increase we saw between December of 2019 and December of 2020, why wouldn’t this...
