CMHC just released their Housing Market Outlook for Kitchener Waterloo, Cambridge & Guelph (and surrounding area). The highlights are: Sales will continue at a strong pace through the fi rst half of 2010 before moderating later this year and into 2011. Low interest rates, population growth and a slightly better job market outlook will [...]
Tag Archives: rental house
Is a Fixer Upper House in Waterloo for you?
Two weeks ago I looked at a semi detached home in the Northlake area (North Waterloo) that needs cosmetic work (kitchen, carpet, paint, basement etc) – priced at about $20,000 under what properties in good condition are selling for. The house was what I’d call a “fixer upper.” Why do some real estate investors prefer a fixer [...]
Kitchener Waterloo Real Estate Market Update: October 2009
Busy busy month! The summer and fall of 2009 has been very busy in Kitchener Waterloo, Ontario. Real Estate sales are almost at the same level as last year, and volume is up dramatically from the same time last year. Here is what the press release from the Kitchener Waterloo Real Estate Board says: A [...]
Investing in New Construction Real Estate in Waterloo Region
This week I’ve spoken to several investors, all of them interested in investing in new construction condominiums and condo townhouses (and in one case, a freehold townhouse). The questions they’re asking are pretty similar in most cases, so I thought I’d put together a little Q & A from our discussions. What questions do you [...]
How to Get the Best Deal
The other day we discussed a Real Estate Investor deciding between a home that needs a bit of work, and one in great shape. The property that the investor purchased ended up being about $20,000 under market value. It was not listed on the MLS when we bought it – it was an opportunity that [...]
