Monthly Archives: June 2012
34 London Investment Properties
On the other end of the list is a bungalow with 3+2 bedrooms, 2 bathrooms and a full seperate suite for $239,900. This income opportunity is located near cheapside and is close to Fanshawe college. Continue reading
London 3 Bedroom Condos End of June 2012 Update
A more typicial condo on the list is on MLS at $142,000 for a townhouse condominium with 3 bedrooms and 1+1 bathrooms near Viscount.
Housing Mortgage Rules Changed to 25 Year Maximum Amortization
Moving the amortization period to 25 years means that home buyers will not be able to afford some homes that they can currently purchase, since these changes will increase monthly payments. However, since they home will be paid for 5 years sooner the total cost to purchase the home will be less over the life of the mortgage. Continue reading
May 2012 London Ontario Home Price Detail Report
MLS Home Price Detail Report London and St. Thomas Real Estate Board by Area of London Ontario for May 2012 Continue reading
MLS Housing Market Report for May 2012
‘May’s figures underscore the fact that our local market remains vibrant,’ advised Barb Whitney, President of London and St. Thomas Association of REALTORS® (LSTAR). ‘What we’re seeing now in terms of sales is more on a par with previous Mays going back to the turn of the millennium.’ Continue reading
MLS London REALTOR for May 2012
A strong detached housing market is obscuring a soft condo real estate market in the overall results. For 2012 Condos have been down in 3 (Jan, March & May) of the 5 months so far. However, on a year to date basis we have actually sold 15 (2.2%) more condo units in 2012 than 2011 (685 vs 670). You can see the flatness in the condo market when you compare it to detached homes which are up 218 sales or 7.9% year to date. Continue reading