By Warren McNeil,

Maybe you didn’t know that Google had an office in Waterloo. Well they do and they are now moving their office to downtown Kitchener to the Lang Tannery building. They are planning on making the move this year. I think this is a smart move on Google’s part because they are moving into an area that is undergoing huge changes. I have blogged in the past about the new condo developments in the downtown core. Some of the upcoming condo developments are the Arrow lofts (Auburn) and the Centre City Condominiums (Andrin). One of the best things about this move is that apparently Google is aggressively hiring so  they need the larger space. It’s always a good thing when companies are growing instead of downsizing or shutting down.

The Google projects in Waterloo are currently the upcoming Chrome operating system, HTML5 programming language and the “Buzz” social networking service. For me being a techy I find this really exciting. The more technology that surrounds me the better. I am really interested in seeing what rich media capabilities HTML5 will have. I heard that it is really going to give Flash a run for it’s money. This could be made up hype but nevertheless there is some buzz out there about the controversy between Apple supporting html5 on their devices and not flash.. But I digress!!

In addition to Google, Waterloo is probably more well known for being the home of Research in Motion the makers of the Blackberry. FYI, RIM just released the new Backberry Torch so I hope everyone is going to buy one!

Doesn’t Kitchener Waterloo sound like a cool place to live?

If you are a techy and you are looking for somewhere to live, you might want to consider Kitchener-Waterloo or Cambridge.

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118

Connect with us on the following social networks Facebook: www.facebook.com/TeamMcNeilRemax

websites: www.TeamMcNeil.com, www.ClickThatHouse.com, www.LoftStyle.ca, www.ElmiraRealEstate.ca

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
Connect with us on the following social networks Facebook: www.facebook.com/TeamMcNeilRemax
websites: www.TeamMcNeil.com, www.ClickThatHouse.com, www.KitchenerLofts.com, www.ElmiraRealEstate.ca

On Saturday we are hosting an open house at a LeMarche condo that we have listed. Come check it out!

Luxury LeMarche condo in downtown Kitchener. Nearly new, main floor unit with rarely found private patio. Features include: 1 bedroom + den, open concept layout, hardwood floors, upgraded cabinets, built-in dishwasher and microvent, in-suite laundry, all appliances included, underground parking, upscale complex with courtyard. Within walking distance to Kitchener\’s Farmers Market, restaurants, shops and nightlife. Call Team McNeil to view today! – View Listing

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
Connect with us on the following social networks Facebook: www.facebook.com/TeamMcNeilRemax
websites: www.TeamMcNeil.com, www.ClickThatHouse.com, www.KitchenerLofts.com, www.ElmiraRealEstate.ca

Kitchener Waterloo Home Sales are doing really well for the first part of the year. Although there were 97 less unit sales then the first half of 2007 the Kitchener Waterloo Real Estate board reports that sales have surpassed the billion dollar mark for the first half of 2010. This is really good news and just shows how strong the Kitchener Waterloo Real Estate market really is here.  The average sale price for a single-detached home is $331,359. That’s an increase of 11.7% on a year-to-year basis. See the full report below for more information.

KITCHENER-WATERLOO, ON (July 6, 2010) – During the first half of the year, the number of residential properties sold through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) increased 16 percent.

While the 3,633 homes sold during the first six months of the year are 96 units shy of 2007’s record breaking first half, the total value of those sales broke the one billion dollar mark for the first time to the end of June.

“The residential real estate market is alive and kicking in Waterloo Region,” says Ted Scharf, President of the KWREB. “Consumers continue to have a strong sense of confidence in the value of home ownership in the region, and I expect the market will remain steady and healthy for the remainder of the year.”

The increase in home sales occurred predominantly in the top half of the price range spectrum: There were 2,093 sales of residential properties for more than $250,000 to the end of June, compared to 1,446 for the same period in 2009, an increase of almost 45 percent.

In the upper end of the market, this trend was even more prominent, with an 84% increase in homes selling for more than half a million dollars relative to one year ago for a total of 205 sales.

The average sales price of all homes sold between January and June 2010 jumped 10.7 percent to $291,702, and the average price of detached homes was $331,359, an increase of 11.7 percent on a year-to date basis.

Residential property sales in June were down 12.1 percent compared to the same month last year, but were practically on par with May sales. Last month, there were a total of 634 homes sales in Kitchener-Waterloo and area, compared with 721 in June 2009.

“Considering the especially early spring market that started in March this year, June was surprisingly strong,” says Scharf. “This further illustrates the strength of our local market and is a reflection of our region’s strong economy.”

REALTORS® believe that healthy communities depend on a strong economy, safe neighbourhoods, a clean environment, access to housing and the protection of rights of property owners. The KWREB recognizes the need to support and enhance the Quality of Life enjoyed by residents of Waterloo region.

To find out more information about Kitchener Waterloo Homes Sales, check out our Kitchener Waterloo Real Estate Board Statistics section of, our blog.

I am expecting the fall market in Kitchener-Waterloo to really pick up. In just the past week we have seen increased showing requests and buyer activity. I am optimistic that Kitchener Waterloo Home Sales for the remainder of the year will continue to be strong.

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
Connect with us on the following social networks Facebook: www.facebook.com/TeamMcNeilRemax
websites: www.TeamMcNeil.com, www.ClickThatHouse.com, www.KitchenerLofts.com, www.ElmiraRealEstate.ca