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News Story Wednesday, September 22, 2021

The latest K-W real estate market blog is out for September 2021. Find the newest KW real estate stats and more.

Would you like to make your mortgage magically disappear?
If so, there’s a straightforward strategy that can shave years off your mortgage and save you thousands of dollars in interest!

Also, don’t be alarmed, but Fire Prevention Week is coming up, so there’s some advice on how to arm your alarm, as well as a few simple body language tips that’ll instantly boost your self-confidence.

Please reach out if you ever have any questions about real estate, even if it’s to find out what the house down the street sold for – it’d be great to hear from you!
Call Mike Bolger at (519) 616-2656.

https://www.mikebolger.ca/article/143/kitchener-waterloo-real-estate-market-september-2021.html

#realestatenews


News Story Friday, August 20, 2021

I just published my Kitchener-Waterloo Real Estate Market Report for August 2021.

This blog has the latest K-W real estate market stats.
Also, moving to a new home is an exciting life change, but it can also be stressful, so this month’s first article outlines some strategies that'll help ensure a smooth move.
Finally, there's some food for thought on buying locally grown produce in K-W, as well as a few tips on how to set up a backyard movie night so that you can watch your favourite movie stars under the stars!
Please reach out if you ever have any questions about real estate, even if it’s to find out what the house down the street sold for – it’d be great to hear from you!
Call Mike Bolger at (519) 616-2656.

https://www.mikebolger.ca/article/142/kitchener-waterloo-real-estate-market-august-2021.html

#realestatenews#realestatekw


News Story Friday, July 23, 2021

June real estate stats are hot! However, inventory continues to be a problem, as demand for housing from buyers still outpaces supply.

June real estate stats are hot!
However, inventory continues to be a problem, as demand for housing from buyers still outpaces available supply.
Demand for housing in our region has never been higher, and there simply isn’t enough turnover in established neighbourhoods nor adequate volume in new housing starts to keep up.

In Kitchener-Waterloo, the average sale price of all residential properties stands at $759,115 – up by more than 2.5% since May, and an increase of 26.4% over last year’s average. The bulk of this momentum is made up by particularly strong numbers in the traditional single-detached segment, with an average sale price of nearly $920,000 – an increase of 5.9% since last month alone and a whopping 31.9% since the same time last year.

Thinking of taking advantage of this seller's market?
Contact Mike Bolger at (519) 616-2656.
I have buyers from the GTA looking for homes.

#realestatenews


Interesting opinion article published by the Toronto Sun on betting against the real estate market.

Brynn Lackie talks about the real estate market.
 
When the lockdown first hit, it seemed incomprehensible that the market would continue.
But it did. Buyers came out in droves, competing fiercely with one another and driving prices through the roof.
Few could have predicted that
 
Buyers barely missed a beat. The world shut down and they simply found themselves masks and gloves and asked when they could get into see properties they saw potential in. It was astounding.
 
What do you think? Let me know!
 
https://bit.ly/2TAzao1

#realestatenews#realestate


CTV News published a story about a family who waived a home inspection.

𝐍𝐨 𝐡𝐨𝐦𝐞 𝐢𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐜𝐨𝐬𝐭 𝐭𝐡𝐢𝐬 𝐟𝐚𝐦𝐢𝐥𝐲 💲💲💲.

Leigh Gate, president of the Ontario Association of Home Inspectors, said in a hot real estate market, buyers may be asked to waive an inspection, but he said doing so can be extremely risky.

He also said it’s a “big red flag” when sellers want to waive a home inspection.

Lisa Song said they had to install water holding tanks and other equipment in their basement at a cost of $10,000.

"It's going to cost me another $120,000 to replace the septic," Song said. "I almost fell to pieces knowing I would have to get a mortgage to fix the septic."

Song said there are other bills to repair leaks in the basement, which include installing waterproofing and having repeated visits from experts trying to diagnose problems.

Article here

https://bit.ly/3vSj8To

#homeinspection#realestatenews


News Story Monday, June 21, 2021

The latest K-W real estate market stats are listed for you on my blog along with a few local events to help keep yourself busy.

Also, multigenerational living is on the rise as it provides solutions to a variety of social and financial obstacles so this month’s article examines the pros and cons of sharing a home with extended family.

Finally, there are some great ideas on how to create and maintain a lush green lawn, as well as a delicious summer recipe for the grill that everyone will enjoy!

Please reach out if you ever have any questions about real estate, even if it’s just to find out what the house down the street sold for – it’d be great to hear from you!

(519) 616-2656
https://www.mikebolger.ca/article/139/kitchener-waterloo-real-estate-market-june-2021.html

#realestatenews


News Story Friday, May 07, 2021

The April 2021 KW real estate stats are out!!! It's kinda crazy... Check out these stats!

😮↓↓↓

The average sale price up over 34% since April 2020
More than 843 homes sold.
There were 1,098 new listings in April.

I still have buyers from the GTA begging me to find them new listings.
Sell your home quickly and for top market value.

Plus, I'll help you find your new home.
Call Mike Bolger at (519) 616-2656.

#realestatenews





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