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Real Estate Market Updates & Helpful Tips
Niagara Association of REALTORS® – November Market Report
December 8th, 2015, Niagara - The Niagara Association of REALTORS® (NAR) reported 599 property sales processed through the NAR Multiple Listing Service (MLS®) system in November. This represents a 14.3% increase in sales over November of last year. The residential...
May Market Report – Niagara Association of Realtors
The Niagara Association of REALTORS® (NAR) reported 862 property sales processed through the NAR Multiple Listing Service (MLS®) system during May 2015. This represents a 20.1% increase in sales over May of last year. The residential average sale price of $273,661 was...
Niagara Home Sales UP 7% – Average Price UP 5.6%
February 2015 Market Report The Spring Market has arrived early in Niagara this year. Local homebuyers did not let the cold weather slow down their house shopping plans. Home sales in January and February were up 7% across the Niagara Region. The Niagara Association...
Niagara Real Estate Market Report – February 2015
The Niagara Association of REALTORS® (NAR) reported 455 property sales processed through the NAR Multiple Listing Service (MLS®) system in February. This represents an increase of 1.8% in sales over February of last year. The residential average sale price of $256,525...
Langendoen Homes Breaks Ground at Lookout Point!
Langendoen Homes is offering a limited number of its popular bungalows on Marlene Stewart Drive located in the heart of Lookout Point – one of Fonthill’s most prestigious developments. Fabulous Location The Village of Fonthill is located in the Town of Pelham, just 30...
Niagara House Prices up 5%! …Pelham Jumps 9.5% Welland 6.2%
As of the end of January the 12-month average selling price of a home in Pelham stood at $380,733 up 1.2% over the $376,069 12 month average price reported at the end of December 2014. Last year at this time the figure was $347,774 representing a staggering annual...
A Good Year for Local Real Estate – 2014 Market Review
It was a Happy New Year celebration indeed for our local real estate market. Sales levels hit record heights in Pelham this past year while the average price in Welland spiked dramatically. Residential sales in Pelham reached 232, a healthy 7.9% increase over the...
How Much Do You Need to Earn to Buy a Home in Our Local Area?
We just read an interesting article just published on Workopolis: How much you need to earn to buy a house in every major Canadian city? Click here to read full article Using the same criteria outlined in the Workopolis analysis the figures for our local market are as...
Local Market Strong Entering the Home Stretch
Welland was one of the leading markets in Niagara entering the 2014 home stretch according to according to MLS® system reports of the Niagara Association of REALTORS® released in December. There were 53 unit sales in the Rose City during the month of November - up 18%...
Niagara Association of REALTORS® November Market Report
December 9, 2014, Niagara - The Niagara Association of REALTORS® (NAR) reported 527 property sales processed through the NAR Multiple Listing Service (MLS®) system in November. This represents an increase of 24% in sales over November of last year. The residential...
Local Home Sales UP Year-to-Date
October home sales in Pelham jumped significantly over last year’s results with 15 units reported sold – more than double the total of 7 transactions recorded in October 2013. Year-to-date totals continue to outpace our 2013 level and remain well ahead of Pelham’s...
How to Avoid Home Buying Horrors
7 mistakes to avoid when buying a home prepare so that you don’t have nightmares later 1. Make sure your lender has done their appraisal of your home Just because you are pre-approved for financing, it does not mean you will get your money on closing. There are always...
AUGUST Market Update – Niagara Housing Sales UP 9.6%
It has been an active summer for real estate sales across the Niagara Region with 584 residential unit sales reported during the month of August in the communities serviced by the Niagara Association of REALTORS®. This figure reflects a gain of 9.6% over last August’s...
Niagara Market on the Rise
It has been an active summer for real estate sales across the Niagara Region with 702 unit sales reported during the month of July in the communities serviced by the Niagara Association of REALTORS®. This figure represents an impressive gain of 23% over last July’s...
GUEST POST via ‘The Mortgage Guy Niagara’: Understanding Penalty Payments
Many borrowers choose a five year term for their mortgage product as it suits their home-ownership plans as well as locks in a consistent payment which makes monthly budgeting easier. Did you know that statistically, the average borrower will refinance, move, renew,...
It’s a Hot Summer Market!
JUNE 2014 Update: Local home sales continued at a steady pace in June. The Niagara Association of REALTORS® reported 32 residential transactions in Pelham during the past month– up 28% from the total of 25 sales recorded in June 2013. At the halfway point of the year...
Say NO to Another Home Owner TAX!
Preventing the spread of municipal land transfer taxes (MLTT) is the focus of a new advocacy campaign at the Ontario Real Estate Association. The association launched the issue-based campaign in April to demonstrate the negative economic impact of the MLTT, based on...
First Quarter Home Sales Edge Down in Pelham
Unit sales of residential properties in Pelham dropped 14% during the First Quarter of this year compared to the same time frame last year. According to MLS® system reports of the Niagara Association of REALTORS® there were 43 sales in Pelham so far this year down...
March Home Sales Down in Niagara
The Niagara Association of REALTORS® (NAR) reported 486 property sales processed through the NAR Multiple Listing Service (MLS®) system in March. This represents a 7.60 per cent decrease in sales over March of last year. The residential average sale price of $245,413...
Niagara Home Sales off to Brisk Start
The Spring Market has arrived early in Pelham this year. Local home buyers are not letting the cold weather slow down their house shopping plans. According to the MLS statistics of the Niagara Association of REALTORS® there were 26 residential sales reported in Pelham...
Niagara Association of REALTORS® February Market Report
March 11, 2014, Niagara - The Niagara Association of REALTORS® (NAR) reported 414 property sales processed through the NAR Multiple Listing Service (MLS®) system in February. This represents a 16.29 per cent increase in sales over February of last year. The...
It’s a Happy New Year for Local Home Sales
The housing market is off to a brisk start despite the extreme winter weather conditions that we have been experiencing in our local area. According to Multiple Listing Service (MLS®) statistics of the Niagara Association of Realtors there were 15 residential...
Revitalization in the ROSE CITY
This series of photographs were shared on twitter this past week by local social studies teacher, Kevin Santone via his "Wellandarium" Twitter profile. There is a groundswell of community advocates converging in Welland to collectively lead the process of change...
Local Housing Sales Predicted to Climb Onward & Upward in 2014
Our local housing market is entering into the new year in solid shape, with predictions of another positive year of growth on the horizon. Residential sales in Pelham reached 215, a healthy 2.87% increase over the total of 209 recorded in 2012. It is the surging...