• 2 bath, 3 bdrm two story townhouse - MLS® $232,900 - Just Listed – M73-85 Bankside Dr, Kitchener

Beechwood Forest, Kitchener  -  Lovely 3 bedroom 2 bathroom townhome in desirable area. Only 2 years young. Attached garage, upgraded cabinets, very low maintenance fees. Won't last long!

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By Warren McNeil

The title for this post was an quote from Michael Polzer Executive Vice President, RE/MAX Ontario-Atlantic Canada.

More good news. We all need to hear this stuff so that we can pick ourselves up, dust ourselves off and gear up for an amazing year in 2010.

Here is the Re/Max Outlook for 2010 Press Release.

The link below is the press release in pdf format. Requires Adobe Acrobat www.acrobat.com

REMAX Outlook 2010

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil
Re/Max Twin City Realty, Brokerage ( 519.579.4110 
8 www.TeamMcneil.com, www.LoftStyle.ca, www.ClickThatHouse.com  

Mississauga, Ontario (March 11, 2009) – A report released today by RE/MAX confirms that entry-level purchasers are now the engine driving home-buying activity in almost every major centre in Canada.

The 2009 RE/MAX First-Time Buyers Report highlighting first-time buying activity in 32 residential housing markets across Canada found that improved affordability is prompting many first-time buyers to get off the fence, out of the rental, and into the market. While a sense of caution still prevails, more and more first-timers are finding it hard to pass up the chance to become homeowners in today’s buyer-centric real estate climate. Increased inventory and longer days on market coupled with the lowest lending rates ever are presenting opportunities that have not been seen in almost a decade.

“While the current economic crisis has caused some first-time buyers to either take it slowly or apply the brakes, home ownership remains a top priority for those who are able to take advantage of reduced carrying costs, rock bottom interest rates and lower house prices,” explains Michael Polzler, Executive Vice President and Regional Director, RE/MAX Ontario-Atlantic Canada. “Affordability has greatly improved and buyers are firmly in the drivers’ seat in just about every market we surveyed. The new reality is that homeownership remains well within reach for most first-time buyers.”

In Waterloo Region we’re seeing a mix of first-time and move-up buyers. Move-up buyers are able to take advantage of better pricing for larger homes. Even though they might take a little less for their existing home. First-time homebuyers are being cautious because of the day-to-day negative media. However, they know that now is a good time to get into the market.

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil | Re/Max Twin City Realty, Brokerage
( 519.579.4110 | * Click Here to Email | 8 www.clickthathouse.com, www.teammcneil.com/blog

Re/Max released their Market Outlook for 2009.

According to Re/Max, Kitchener-Waterloo’s real estate market will remain balanced throughout 2009 with supply meeting demand. The number of homes sold will hover around the 6000 unit mark and the average house price will remain stable.

For more details about the Kitchener-Waterloo real estate market see page 12 of the report.

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil | Re/Max Twin City Realty, Brokerage
( 519.579.4110 | * Click Here to Email | 8 www.clickthathouse.com, www.teammcneil.com/blog

Mississauga, ON (December 3, 2008) – Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres during the latter half of 2008. Although the forecast for 2009 promises more of the same, most markets are expected to weather the storm, says RE/MAX.

“Housing market performance will clearly be contingent on economic performance at a local, provincial, and national level in 2009,” says Michael Polzler, Executive Vice President and Regional Director, RE/MAX Ontario-Atlantic Canada. “Issues affecting the overall economy are impacting housing markets across the country and the situation is not expected to be remedied until consumer confidence is restored. That said, we could see a bounce back as early as spring – if inventory levels remain stable, pent-up demand kicks into gear, and lower interest rates stimulate home-buying activity.”

See full press release
http://www.remaxevents.ca/08/PR/HMOutlook/MarketOutlookRptPR2009_REL.pdf

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil | Re/Max Twin City Realty, Brokerage
( 519.579.4110 | * Click Here to Email | 8 www.clickthathouse.com, www.teammcneil.com/blog