Wit Ventures: Sarnia December Real Estate up 19 %.

Thursday 5 January 2017

Sarnia December Real Estate up 19 %.

Sarnia-Lambton's real estate market ended the year on a high note in December.

Real estate sales were up 19 per cent compared to December of 2015, according to a press release issued by the Sarnia-Lambton Real Estate Board Thursday.

December's total sales dollar volume also saw a 31 per cent increase compared to the same time in 2015.

Link to the rest here.

***

Fuller coverage from Blackburn News and Jake Jeffrey.

The Sarnia-Lambton real estate market hit another record high in terms of volume sales in 2016.

While the number of properties sold was up just 1% at 1,967, the total dollar value reached an unprecedented $456-million, an increase of 11%.

Real Estate Board President Steve Park says the market is very stable.

“You’re not seeing a boom and bust idea, you’re seeing a very gradual trend in people investing in Sarnia and wanting to live in Sarnia,” says Park. “You have the boom and bust where things spike and then go down, Sarnia’s seen enough of that. Instead of that we’re seeing a more gradual investment in the Sarnia area.”

Listings were a concern, down 9% year-to-year.

Park says he’s hopeful that will improve in 2017.

Link to the rest here.

Thanks for reading.

No comments:

Post a Comment

Shirley D. Neal

Shirley has over 30 years of experience in such diverse businesses as financial planning, manufacturing, and supply. Her education includes a B.A., B.ED., M.ED., C.F.P., N.L.P. and the home inspector’s course as well as having her AZ license for five years. Her family home has given her and her husband the opportunity to do extensive renovation and repairs thereby increasing the value about $100,000 in ten years. She has been able to see firsthand how much a sensible and cost efficient renovations can add to the value of a home. Shirley has chosen joint ventures because she thinks that her experiences an help others achieve their goals and maximize the profits for both parties. In 1979, Shirley became involved in a small group of women who started a metal manufacturing company making small deep drawn metal parts for the automobile companies in Windsor. They took the company from start up to over $400,000 in sales in five years. That was a lot of parts since the parts sold for only five cents per each. In 1985 they sold the company to one of their customers. Whether it was selling mutual funds, teaching foster parents how to recruit foster parents, or working for Tony Robbins, Shirley has put more than 100 percent into every endeavour she was involved in.