August Stats

August Stats are in and show that consumer confidence in Kitchener Waterloo continues to gain momentum. Although average house sales are still down my a minimal 1.7% in comparison to last year, the volume sold in Aug 2009 was a 26% increase from Aug 2008. Check out the full media release below.

http://www.kwreb.on.ca/Stats/August%202009%20Media%20Release.pdf

This week continued to be a busy week. Ongoing search for D&A resulted in a number of showings this week. One of the ones they thought they might consider sold over the weekend and another that we went for a second visit at got an offer that night. Things are moving folks especially in the $250,000-$350,000 price range.

R&S were able to view a lovely backsplit in their dream neighbourhood, but were concerned about the number of updates the home needed in order to make it suit.

W&K decided to rent their condo and have decided to put off finding a new home for their family for a few more months.

R&C are out of province and trying to decide whether to come back and purchase a condo here in town.

L is getting her 4 bedroom house ready for the market. Cleaning, painting, redoing the driveway, new flooring. It's going to look great. And I've been checking out the competition in the price range and nothing has come up for weeks. Between the staging results and the lack of competition, the money she's pouring into her home in order to sell is going to pay off. I'm even thinking I'd like to list is a few grand more than we originally thought.

And things are moving along at the Grand River Lofts. Construction has started with the replacement of all the windows. Plans are being prepped for approval and we're happy to be starting off the fall with an Agent Open House event at the Lofts Wed. Sept 9, 11-1pm. Join us if you can, refreshments will be served!

September is here. I've always found that once the kids are back to school I often get a few phonecalls out of the blue from buyers or sellers wanting to work with me. Judging from the strong August numbers, I expect this September will bring some more lovely people out of the woodwork for me to work with. Can't wait! Know someone? Pass along my name! I work solely on referrals and word of mouth.