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News Story Wednesday, June 24, 2020

The latest K-W market stats are listed for you in my blog, along with a few community resources and virtual events.

Spending so much time at home has influenced the way we view our living space, so in my blog, we also look at a few home design trends that will likely become popular in the near future. There are some tips on how to eliminate dampness in your home so that you can improve your indoor air quality.

Please reach out if you have any questions or if you'd like a report on the latest sales activity in your neighbourhood. It’d be great to hear from you! Call Mike Bolger at (519) 616-2656.

https://www.mikebolger.ca/article/108/kitchener-waterloo-real-estate-market-june-2020.html

#waterloonews#kitchenernews#kwregion#kitchener


CMHC’s new, strict lending measures will trigger a surge in home purchase volume

CMHC’s new, strict lending measures will trigger a surge in home purchase volume as potential home buyers rush to the mortgage market before July 1, when these policies take effect.

CMHC’s new measures, which include at least one applicant having a minimum credit score of 680 and a maximum debt service ratio of 44 and gross debt service ratio of 35, mean that prospective home buyers who don’t meet the new requirements have a tight deadline to meet.

Call Mike Bolger at (519) 616-2656 if you're in the market to find a home. I'll do my best to find you the ideal home quickly and make your real estate experience stress-free.

https://yhoo.it/2BV21Kp

#cmhc#realestatetrends#realestatenews#news


News Story Friday, June 05, 2020

WooHoo! Housing Prices Holding Steady in Kitchener-Waterloo

It's been over a month now since we first started to understand how COVID-19 and the resulting economic shutdown impacted the housing market in Kitchener-Waterloo. The news then wasn't exactly great, but it wasn't unanticipated either.

The KWAR has just released its data for May 2020. The numbers paint a clear picture of a market. There were 577 new residential listings hitting the market this past month. 419 properties sold, and it took an average of 20 days to sell.

Overall there was a 6.5% increase compared to last year. If you're thinking about listing your home, consider giving Mike Bolger a call at (519) 616-2656. Ask me about my VIP Sellers Program.

#waterloonews#kitchenernews#kwregion


An interesting article published by CTV News about three real estate trends emerging from the coronavirus pandemic.

1. People getting married are putting the money towards their first house instead of a large celebration
2. People are investing their money into their back yard or renovations.
3. People are investing their money into real estate, land, and cottages.
If you're thinking of investing in real estate, I know of some great opportunities. Contact Mike Bolger at (519) 616-2656 for the scoop. What do you think about these trends? Leave your thoughts below.

https://bit.ly/2XqMeKG

#realestatetrends#realestatenews#news


News Story Wednesday, May 20, 2020

The latest K-W market stats are listed on my latest blog along with some great ideas on how we can support our local businesses.

Social distancing can be difficult but it’s a great opportunity to tackle those projects around the house that you’ve been putting off so there are a few ideas on how you can improve your home and increase its value. Finally, there’s an amazing website that offers live streams of the natural world that you can enjoy from the comfort of your living room! As expected, the real estate market slowed during the lockdown down but homes are still continuing to sell. Please reach out if you have any questions or if you'd like a custom report of the latest sales activity in your area to help give you a better idea of current market conditions. It’d be great to hear from you! Call Mike Bolger at 519-616-2656.

CLICK HERE

#waterloonews#kitchenernews#kwregion


News Story Wednesday, May 06, 2020

Healthy Lighting for Your Home is very important and is featured in my latest blog

Researchers discovered that the lighting in your home can have a much greater impact on your health and well-being than originally thought. Better lighting can boost your energy, help you sleep better, and even enhance healing. My latest blog also has some great tips on how to estimate your selling costs and how to quickly improve indoor air quality. Learn something new by clicking the link below. If you have any questions about real estate or are in need of a referral to a professional, call Mike Bolger at (519) 616-2656. I would be happy to help.
https://www.mikebolger.ca/article/103/real-estate-update-may-2020.html

#waterloonews#kitchenernews#kwregion


News Story Wednesday, April 22, 2020

Homes are still continuing to sell, but at a much lower rate than usual. To give you a better idea see the latest market stats

I hope you’re doing well during these challenging times and that you and your loved ones are healthy. Spring is usually a hectic time for real estate, but that’s not the case at the moment. Homes are still continuing to sell, but at a much lower rate than usual. To give you a better idea, the latest market stats are listed in my lastest blog along with a few local resources that are designed to help those out in our community who may be struggling. On a separate note, your home environment must remain calm during times like these, so this month’s main blog looks at a few simple things you can do to turn your home into a relaxing sanctuary. The last little while has been an ongoing adjustment for us all, but we will get through this and come out stronger than ever! In the meantime, if you have any questions about the real estate market, please don’t hesitate to reach out — I’ll be at my home office :). Call Mike Bolger at (519) 616-2656.

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#waterloonews#kitchenernews#kwregion





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