October Market Watch Mississauga Real Estate

NOVEMBER MARKET UPDATES

In a clear sign that the housing market has shifted into recovery mode, residential housing sales in Canada’s major markets has reported record sales in the past few months. Toronto and Vancouver led the charge with sales among the highest in history for both local real estate boards.

Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada, has stated that “Canadians believe in homeownership — a fact best illustrated by the purchasers who ventured forward in recent months and snapped up some of the best real estate deals this market has seen in years. Those who chose to sit it out on the sidelines are now facing a market in transition, characterized by the threat of rising interest rates, low inventory levels, and upward pressure on housing values.”

Overall, major markets began to recover in March. Average prices are holding steady or climbing, days on market are down, and inventory levels continue to tighten, especially at entry-level price points. There is a surge of first-time home buyers back on the market and this has created great conditions for a 'move up" market.

Once again, I apologize to my buyers. You have competed in multiple offers, lost, and then eventually we have won. Those that we lost, I could not justify their prices. Those that moved quickly should be in their new homes very soon. Those of you who have decided to wait, are now looking at a continuing shortage of inventory. I will help. I will persevere and continue to do my job. It's been an exciting year. I am still able to get you into your home before the end of the year so that 2010 is truly a NEW YEAR.

If you need my help, contact me directly at 416.427.1875. Email me anytime at http://www.bettybart.com/AgentProfile/contactme.cfm. Know someone who is thinking of making a move? Feel free to pass along my information. My testimonials say it all.

Let's pull out our coats and let's get together to look at homes. Remember, I have a key to all homes listed for sale.

EXPERIENCE IS NOT EXPENSIVE!!!!
IT IS PRICELESS!

Market Watch Mississauga Real Estate

Now that we have put away our shorts and tee shirts, pulled out our sweaters (and some mornings mittens), we can all settle into the routines that we put aside during the summer months.

Most people were anticipating the inventory numbers to start increasing over September as potential sellers get back from summer vacation and decide to list. It hasn’t happened, yet. With listings down 42%, buyers are competing for less product, which leads to "bidding wars".

Homes that are priced well are not lasting on the FOR SALE list. Especially in Lorne Park and Mississauga Homes for sale. If you don't jump quickly, you lose because there are more and more multiple offer situations. Buyers are starved for product.

Much of the activity has to do with low interest rates. Consumer confidence is up. That's all you need in a recovering economy.

For a complete report, visit Market Watch on my web site, sign up and one will be sent to you automatically. Want to talk about it? Contact Betty at 416 427 1875 or through email at betty@bettybart.com.

My web site is a sought after resource for the weekly postings of available Lorne Park properties. By accessing Betty's Pic of the Week and signing up for the instantly downloadable report, you can receive up to date information of some of the homes that are available in this elegant community.

If you know someone who is thinking of selling or buying a home now or in the future, feel free to pass along my name and number as all referrals are greatly appreciated.
Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
OFFICE: 905.828.3434
CELL: 416.427.1875
EMAIL: betty@bettybart.com
WEB SITE: www.bettybart.com

Natural Gas Plant Oakville

After months of protesting the location of a 900-megawatt natural gas plant, members of the Oakville community found out on September 30th that the Oakville site has been approved for construction. The Oakville site, located at the corner of Ford Dr. and the QEW, was one of four other sites being considered for the location. The other three sites, which were to be in the Clarkson area in Mississauga, were turned down after the combined efforts of protesting residents, politicians and health officials.

So, Oakville residents do not want a power plant built in their neighbourhood? As William Mellor, from Durham, had stated in a letter written to the editor of the Toronto Star; "If Oakville doesn’t want a power generating plant and the jobs it will provide, reduce the power consumption to the point where the plant becomes unnecessary."

Construction of the plant is to start in mid-2010, and will create 600 new construction jobs and 25 permanent jobs over a period of two years. Power officials claim that the plant will only run at about 40 percent of the time, and has a basic goal of providing electricity when demand is high. This plant has been approved just as the Ontario government has begun shutting down all coal-fired plants in the province.

Mississauga residents in the Clarkson community can now relax that the power plant is not being built in their backyard and that property prices will not be affected. Now would be the perfect time for all Oakville residents who are against the building of the power plant to look at properties Mississauga. We will welcome all of you with open arms. If you have an opinion about the plant, just make a comment to this blog.




Are you an Owner? If you own property in the Mississauga, Oakville, or Burlington Communities, and you would like to sell your residence, contact Betty Bartusevicius at 905 828 3434 or directly at 416 427 1875 and get a free market analysis.

Are you a Buyer and are interested in purchasing a home in the 905 area code? Contact Betty to receive FOR SALE/SOLD data of neighbourhoods to enable you to make an informed decision and do some comparable shopping.

If you know of friends, family, or colleagues who are thinking about making a real estate move, feel free to pass along my contact information. Know that their real estate needs will be well attended to with kindness and professionalism. Your referrals will be greatly appreciated.

Featured Home Foxwood Mississauga Real Estate

Located at 3964 Foxwood Avenue in Mississauga, this home is looking for a new family. This home boasts an enlarged family room with a corner fireplace. The kitchen has been renovated with 'Kessebohmer' organizers and 'Blum' Blue Motion cabinets and hardware, updated flooring with Italian Porcelian Tiles and backsplash!Large versitile and popular living/dining room combination with wood flooring! A spacious open concept finished basmment with Pot Lights, a 2 piece Bath and 2 rooms for a den/play room/5th bedroom with Cork flooring! Custom built-ins in closets. A master retreat with upgraded bath! An oversized deck to a landscaped to perfection and fully fenced yard! Beautiful pattern concrete walkway and drive! Click here to view google mapping of Foxwood.

For further pictures and information on this lovely home MLS #W1712077

Also included for this well priced home is the fridge; stove; built-in dishwasher; central air conditioning; alarm,; humidifier; upgraded fan in the kitchen; the basement is wired for phone/Internet; mirror closets; low heat pot lights and wall sconces! Anti Slip and Spill Kitchen Cabinets! Upgraded Broadloom! High end deep sinks with upgraded taps! No expense has been spared!

Contact Betty Bartusevicius for your own private viewing of this property at 905 828 3434 or directly at 416 427 1875
Re/Max Realty Specialists Inc., Brokerage

Contact me by email at http://www.bettybart.com/AgentProfile/contactme.cfm

If not this property how about someting else?

I can help you save time and money by shopping smarter by http://www.bettybart.com/createnewclientuserid/whyregister.cfm
Are you an Owner? If you own property in the Mississauga, Oakville, or Burlington Communities, and you would like to sell your residence, contact Betty Bartusevicius at 905 828 3434 or directly at 416 427 1875 and get a free market analysis.

Are you a Buyer and are interested in purchasing a home in the 905 area code? Contact Betty to receive FOR SALE/SOLD data of neighbourhoods to enable you to make an informed decision and do some comparable shopping.

If you know of friends, family, or colleagues who are thinking about making a real estate move, feel free to pass along my contact information. Know that their real estate needs will be well attended to with kindness and professionalism. Your referrals will be greatly appreciated.

Betty's Pic of The Week Lorne Park, Prestigious Oakville

Lorne Park homes were the hottest on the housing market in the GTA during the first half of this year according to Re/Max Ontario-Atlantic Canada.

This prestigious community is located east of Clarkson, south of Erindale, west of Port Credit and the Credit River, and north of Lake Ontario. The area is noted as mainly residential.

The principal streets and roads in Lorne Park are Lakeshore Road and Lorne Park Road. The QEW (Queen Elizabeth Way) is the northern border of the neighbourhood.

My website is a sought after resource for the weekly postings of available Lorne Park properties. By accessing Betty's Pic of the Week and signing up for the instantly downloadable report, you can receive up to date information of homes that are available in the Lorne Park Community.

I personaly update this short list based on what i feel are the best values in Lorne Park at the start of each week. Because the market is so quick these days, I will update this information as the market changes. Keep coming back to see what is new!

If you are considering the sale of your property or the purchase of a new home and would like a succesful professional realtor to represent you, contact Betty Bartusevicius at 905.828.3434 or directly at 416.427.1875. My email address is betty@bettybart.com.

Housing Sales Keep Climbing Mississauga Real Estate

Great Headline in the Star this morning, "MARKET ON ROBUST REBOUND - Housing sales keep climbing, fuelled by low interest rates, and solid consumer confidence".

The last couple of notices/blogs that I have sent out have been very positive. During my open houses, buyers still are asking about the recovery from this mess that we were in. It wasn't even a mess but the media was exploiting in the U.S.A. With a little bit of the regular summer slow-down now upon us, homes are selling quite quickly if they are priced correctly. We are still seeing homes flying off the shelves and multiple offers keeping our inventory low with buyers jumping at anything new that comes on the market. Part of this seems to be that the buyers may be fearing that interest rates are going to go up next year and therefore are buying now rather than waiting for next year.

Those who chose to consider my advice have been the lucky few. Those of you who have chosen to wait until "the prices of homes come down some more" , I'm afraid you are in for a rude awakening in the next few months. Those homes that are priced well, are in good neighbourhoods in the communities of Mississauga, and are in decent condition are not staying on the market for very long. Choices are few. Buyers are not having the chance to see something a second time. "If you like it, you better be prepared to work on an offer with your agent."

We are firmly in a sellers market. Inventory remains very low. Take a look at the newest Market Watch.

I apologize to all my buyers, but I have nothing new to show you at this time. Watch my Betty's Pic of the Week for the Lorne Park area (updated regularly). I can provide you with access to hot listings (those that come on the market and you get an email immediately).

Do you know of family or friends that are thinking of making a real estate move? Pass along my contact information. Write my contact information in your telephone book under 'R' for 'REAL ESTATE'.

You can contact me at your leisure at http://www.bettybart.com/AgentProfile/contactme.cfm or directly at 416 427 1875. I look forward to hearing from all who are interested.

Betty Bartusevicius, Sales Representative
Re/Max Reatly Specialists Inc., Brokerage
OFFICE: 905 828 3434
DIRECT: 416 427 1875
EMAIL: betty@bettybart.com
WEB SITE: www.bettybart.com
not intended to solicit buyers or sellers under brokerage contract

Elegant Homes in Lorne Park, Free Home Evaluation

Call Betty directly at 416 427 1875 to discuss the elegant community of Lorne Park. Find out about this prestigious neighbourhood in Mississauga. Let me provide you with a free home evaluation. Sign up for Betty's Pics of the Week that is updated as changes occur.