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Tag Archives: Niagara Region

First Quarter Home Sales Edge Down in Pelham

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 from the total of 50 sales reported during January-March…
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March Home Sales Down in Niagara

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 was 8.37 per cent higher than last March. The average days on market…
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Niagara Home Sales off to Brisk Start

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 during January and February of this year – up 13% compared…
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Niagara Association of REALTORS® February Market Report

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 residential average sale price of $233,101 was 0.38 per cent higher than last February.…
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It’s a Happy New Year for Local Home Sales

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 transactions reported in Pelham this January compared to 11 last year - a 36%…
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Revitalization in the ROSE CITY

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 needed to bring the bloom back to the rose in Downtown Welland At a Public…
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Local Housing Sales Predicted to Climb Onward & Upward in 2014

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 average price growth in our community that is the…
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Average Price in Pelham Jumps 8.4% in 2013

Average Price in Pelham Jumps 8.4% in 2013
The Pelham housing market is entering into the new year in solid shape, with predictions of another positive year of growth on the horizon. During 2013 residential sales in Pelham reached a total of 215 transactions, a healthy 2.87% increase over the total of 209 recorded in 2012. It is the surging average price growth…
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St. Catharines Real Estate Market Poised for Further Growth in 2014

St. Catharines Real Estate Market Poised for Further Growth in 2014
Activity in St. Catharines’ real estate market continued at a steady clip in 2013, despite some softening over the summer months on the heels of a healthy spring market. Buyers regained enthusiasm into the fall and through the final quarter of the year, with sales expected to end the year at 2,700 units—three per cent…
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November Market Update – Pelham, Welland & Niagara

November Market Update – Pelham, Welland & Niagara
Market Rallies in Pelham - UP 3.5% During November total sales for the month in Pelham jumped well ahead of last year and year to date sales climbed 3.5% above 2012 results. According to the MLS® sales reports of the Niagara Association of REALTORS® there were 15 homes sold in Pelham during the month of…
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A CLOSE-UP LOOK at Niagara Home Sales

A CLOSE-UP LOOK at Niagara Home Sales
As we head into the home stretch of the year we thought it would be a good time to do a quick pulse check of local market stats: Total NIAGARA Residential Sales January 1 - November 30th, 2013: 5,935 Total NIAGARA Residential Sales January 1 - November 30th, 2012: 5,958 % CHANGE: -0.4% NIAGARA AVERAGE…
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Local Home Sales Sluggish in October

Local Home Sales Sluggish in October
Pelham residential home sales dropped off significantly this past month with 7 transactions recorded this year compared to 15 in October 2012. Year-to-Date Total Sales Level Still at 5-Year High Despite a slow showing for October, total sales so far this year continue to outpace our 2012 level and remains ahead of Pelham’s 5-year average.…
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How Long Does it Take to Sell a Home?

How Long Does it Take to Sell a Home?
The long and short answer is "It depends". There are multiple factors that will impact how we answer this question: (1) Location: According to the most recent MLS® system reports of the Niagara Association of REALTORS® it currently takes 70 days on average for a home to sell in the Welland and Pelham Area. Take…
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Local Third Quarter Results in a Nutshell

Local Third Quarter Results in a Nutshell
Pelham Home Sales DOWN 27% in Third Quarter The Pelham local market is showing signs of deceleration following a banner first half of the year. According to the MLS statistics of the Niagara Association of Realtors there were 44 residential sales reported in Pelham during the Third Quarter - down 27% from the 60 transactions…
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Here's a quick look at how tight the listing inventory situation is in Niagara compared to past years.

August Inventory
We can expect continued price growth into the final stretch of the year provided the demand for housing keeps outpacing the rate of inventory growth.

Introducing Our TEAM Berkhout Bosse “Eye CATCHER’s!”

Introducing Our TEAM Berkhout Bosse “Eye CATCHER’s!”
As REALTORS® we see first hand how critical the impact of curb appeal is on the saleability of home. Catching the attention of potential buyers when they drive by impacts their decision about whether or not they will make an appointment to view the inside. There are lots of websites such as our favourite '…
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Guess What Niagara City? Average Price of $184,952 VS $201,954

Guess What Niagara City? Average Price of $184,952 VS $201,954
One of these figures is the July 2013 12-Month Average Price in Port Colborne/Wainfleet and the other is the stat for Welland. We asked our Facebook Fans if they could guess which figure applied to what area and we discovered that yes indeed our Niagara local friends know their numbers! $184,952 is the current 12-Month…
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Some Lessons from the Kitchen Table

Some Lessons from the Kitchen Table
Wikipedia defines consensus as the “community resolution when opposing parties set aside their differences and agree on a statement that is agreeable to all, even if only barely.” While this definition is easy to understand cognitively, it is oh so challenging to achieve in practice. In 2001 I had the decidedly elusive opportunity of participating…
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Downsizing in Niagara

Downsizing in Niagara

Aging boomers are a primary real estate demographic throughout North America. This important market segment has an even greater impact in Niagara because our Niagara census metropolitan area currently has the fourth largest percentage of seniors in all of Canada.

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Local Market Mirrors National Trends

Local Market Mirrors National Trends
Across Canada July month end results reflected the third month in a row that monthly unit sales were below 2009 levels. The weaker than anticipated sales activity recently prompted the Canadian Real Estate Association (CREA) to lower its national home sales forecast. Sales activity in our local marketplace followed this same national pattern. In Pelham,…
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My Pelham Stay-cation

My Pelham Stay-cation
 Don’t you love it when guests arrive from out-of-town and you get to play tourist in Niagara? Just recently my cousin Stacey stopped by for a one day visit. We spent so much time touring Pelham that we didn’t even make it all the way to Niagara Falls.   We started off at the Pelham…
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My Vision of Pelham, Niagara

My Vision of Pelham, Niagara
Imagine if our Pelham community could become a fully connected on-line neighbourhood. Parents could register their children for sports or art camps or girl guides with a click of a mouse. Local events like bandshell concerts, turkey raffles, trivia nights, dances, golf tournaments would be posted and the listings would always be up-to-date. Social agencies…
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