Property listings are down 33% at the end of January, compared to last January – there are less homes available for sale, and we have more demand from buyers and investors. Many people are trying to take advantage of historically low mortgage interest rates, and others want to buy and invest before the mortgage changes [...]
Archive | February, 2010
Canada Olympic Team Makes History in Vancouver 2010
Taking a short break from Real Estate –a quick one, I promise – I want to draw attention to the amazing day our Canadian athletes had in Vancouver today. I once joked that I preferred watching American coverage of the Olympics over Canadian television because it seemed like all the US channels showed was never [...]
Centre Block to bring $95 million development to Kitchener downtown
Exciting news this week about a new development in downtown Kitchener, on the Centre Block land that the city has acquired over the past 10 years at a cost of about $13 million. From The Record: During a closed-door meeting councillors gave their final authorization to staff for an agreement between the City of Kitchener [...]
New Mortgage Rules for Real Estate Investment in Canada
My wife and I are in the Carribean this week doing some research, so posting has been light. However, I want to pass along a few articles my friend Jeff Zabel, with Mortgage Alliance in Kitchener Waterloo emailed to me. They are about changes to the mortgage rules, and will affect real estate investors: This [...]
More Tech Innovations Come out of Waterloo
One of the reasons that investors like this area is because of the innovation and creativity. Here is another example Google Buzz, the latest Social Media platform, came out of Google’s office that I drive past every day, right here in Waterloo Ontario. http://www.financialpost.com/news-sectors/technology/story.html?id=2542955 Just as Google’s simplistic homepage belies the advertising power, technological [...]
Tim Jackson appointed CEO of Accelerator Centre in Waterloo
One of the reasons that Kitchener Waterloo attracts so much attention from investors across the world is that the region is a hub of high tech companies (read: Life in a High Tech Powerhouse, 3rd article down) that continue to innovate and grow. In that light… Exciting news announced yesterday: Tim Jackson (@timothyjackson on twitter) [...]
Open House in Kitchener Waterloo this weekend
If you’re looking for a new home, or just want some decorating tips, check out these Keller Williams Golden Triangle Realty open houses this weekend: $232,900 ~ A7-175 David Bergey Drive, Kitchener ~ Sat Feb 6th 2-4pm and Sun Feb 7th 2-4pm Great location! Backs onto forest and all amenities close by! Come buy [...]
Property Management for KW investment property
A big part of our client base lives outside of Kitchener Waterloo – other parts of Ontario, Canada, and even people living in other countries. They are able to live where they love, but invest where the numbers make sense because they employ quality property management companies. Even a lot of our clients who live [...]
A profile of Eastbridge in Kitchener Waterloo, Ontario
One of my favorite neighbourhoods in Kitchener Waterloo is Eastbridge. Located in the North East part of the city, there are parks, trails, beautiful homes (ranging from condos, semis and towns to luxury homes worth more than $1 million), shopping (Conestoga mall is close by), close to restaurants like Wildcraft, Ben Thahn, The Keg and [...]
Why we invest in Kitchener Waterloo Real Estate
Yesterday I had the chance to sit down with two of our clients, Dr Robin Walsh and Darryl Kraemer to discuss why they invest in Real Estate, as opposed to any of the other investment vehicles available, like stocks, mutual funds, commodities, gold etc. Press play to hear what they had to say: Darryl and [...]
