2015 Windsor Essex Market Watch 10 Year Trends
Each year Buckingham publishes a Residential Market Watch showing the statistics for all of Windsor and Essex County. While this information is helpful for an over all look of the market trends, it is also helpful to look at the area you are interested in to determine what is happening in that neighbourhood. The Windsor Essex County Association of Realtors divides the County of Essex into a number of areas. Each Area has its own distinct characteristics. Buckingham has taken the time to graph Residential Listing information for Areas 1 through 60 with historic trends. It is interesting to see the differences in changes to average sales price and listing sales ratio in each area. Each area’s growth changes at a different rate.
The Listing Sales Ratio is obtained by taking the number of listings and dividing it by the number of sales. In general a Listing Sales Ratio of under 50% is referred to as a Buyer’s market, and is characterized by falling prices. A L/S Ratio of 50% is referred to as a balanced market and is usually characterized by limited growth in prices. A L/S Ratio well above 50% is referred to as a Sellers Market and is usually characterized by rising prices.
S-L Ratio Average Price Residential Area 1
S-L Ratio Average Price Residential Area 2
S-L Ratio Average Price Residential Area 3
S-L Ratio Average Price Residential Area 4
S-L Ratio Average Price Residential Area 5
S-L Ratio Average Price Residential Area 6
S-L Ratio Average Price Residential Area 7
S-L Ratio Average Price Residential Area 8
S-L Ratio Average Price Residential Area 9
S-L Ratio Average Price Residential Area 10
S-L Ratio Average Price Residential Area 20
S-L Ratio Average Price Residential Area 30
S-L Ratio Average Price Residential Area 40
S-L Ratio Average Price Residential Area 60
Posted by Cam Paine on December 19, 2012 in Buyers | Comments Off on Benefits of a Home Inpection
The Benefits of a Home Inspection For Buyers: If you’re serious about buying a home, a qualified home inspection is a small investment that offers major returns. The inspection determines the structural and mechanical soundness of the home, and identifies existing and potential problem areas. A standard report by a qualified home inspection company also lists practical suggestions and provides cost estimates for repairs. You will then have precise information about the condition of the home and full knowledge of any work...
read more
Posted by Cam Paine on December 19, 2012 in Buyers | Comments Off on Land Transfer Tax Rebate
Land Transfer Tax Refund for First-time Homebuyers Land Transfer Tax applies to all transfers of land in Ontario. First-time homebuyers may be eligible for a refund of all or part of the tax. For transfers where: the agreement of purchase and sale was entered into after December 13, 2007, the refund applies to all homes, whether newly constructed or resale. the agreement of purchase and sale was entered into before December 14, 2007, the refund only applies on the purchase of a newly constructed home. Applications for a refund must be made...
read more
Posted by Cam Paine on December 18, 2012 in Taxes | Comments Off on Tax Rates in Windsor and Essex County
Click here to view Mill Rates for Windsor and Essex County
read more
Posted by Cam Paine on December 18, 2012 in Electrical, Saftey | Comments Off on Knob and Tube Wiring
The majority of homes in Downtown Windsor were built prior to 1940. As a result most still have knob and tube wiring. Knob and Tube was an original form of wiring and was used from 1880 to the 1930s. As existing Knob and Tube (K& T) wiring gets older, insurance companies may deny coverage due to a perception of increased risk. Several companies will not write new homeowners policies at all unless all K&T wiring is replaced, or an electrician certifies that the wiring is in good condition. Also, many institutional lenders are...
read more
Posted by Cam Paine on November 17, 2012 in Recent Works | Comments Off on Sign Up For Email Alerts
If you are looking for a property in Windsor and Essex County, it is essential to get up to date information the minute it becomes available. Realtors have better access to Multiple Listing Information and can email customers properties based on their search criteria. Searches can be done based on a wide variety of factors. Typical Searches are based on the the Type of Dwelling, Location and Price. If you would like to receive up to the minute listing updates based on your criteria. Please contact me.
read more
Posted by Cam Paine on October 26, 2012 in Recent Works | Comments Off on Agency Relationships Explained
Agency Relationships Explained When you deal with a REALTOR, you can expect not only strict adherence to provincial laws, but also adherence to a Code of Ethics and Standards of Business Practice. The Code and Standards are very important to you, because it assures you will receive the highest level of service, honesty and integrity. One provision of the Standards requires REALTORS to seek written acknowledgment from vendors and purchasers of disclosure of the agency relationship A REALTOR will be pleased to discuss his or her agency...
read more
Posted by Cam Paine on October 4, 2012 in Selling | Comments Off on MLS
[dciframe]http://idx.filogix.com/idx/properties/search.html?key=126162.4711897&tab=residential&target=text,650,750,0,auto,border:1px solid black;float:left[/dciframe]
read more
Posted by Cam Paine on October 4, 2012 in Recent Works | Comments Off on Schools
Follow this Link to Search for Schools in Windsor and Essex County
read more
Posted by Cam Paine on July 9, 2012 in Recent Works | Comments Off on Windsor Essex is becoming a Retirement Destination
With average property values of less than half the national average, as well as 100 miles of waterfront property, Windsor and Essex County is becoming a leading retirement destination. The Windsor Essex County Real Estate Board has formed the Retire Here Web Site to promote the advantages of relocating and retiring in Windsor and Essex County. REASONS YOU SHOULD CONSIDER RELOCATING TO WINDSOR ONTARIO FOR YOUR RETIREMENT YEARS. •1. COST OF REAL ESTATE- Did you know that the Windsor Essex County area has some of the lowest cost of Real...
read more
Posted by Cam Paine on June 21, 2012 in Mortgage | Comments Off on Bank of Canada Change Lending Rules in Canada June 21, 2012
Source Globe and Mail Compliments http://www.cameronpaine.com/ The country’s biggest banks were caught off guard on Wednesday night as the Department of Finance prepared to clamp down on mortgages by reducing the maximum amortization for a government-insured mortgage to 25 years from 30. Ottawa will also limit the amount of equity that can be borrowed against a home to 80 per cent of the property’s value, down from 85 per cent. The moves are designed to cool the housing market and limit the record levels of personal debt Canadians have...
read more
Each year Buckingham publishes a Residential Market Watch showing the statistics for all of Windsor and Essex County. While this information is helpful for an over all look of the market trends, it is also helpful to look at the area you are interested in to determine what is happening in that neighbourhood. The Windsor Essex County Association of Realtors divides the County of Essex into a number of areas. Each Area has its own distinct characteristics. Buckingham has taken the time to graph Residential Listing information for Areas 1 through 60 with historic trends. It is interesting to see the differences in changes to average sales price and listing sales ratio in each area. Each area’s growth changes at a different rate.
