Wit Ventures: Sarnia Housing Starts Up Due to Demand.

Thursday, 11 May 2017

Sarnia Housing Starts Up Due to Demand.

From Josh Boyce, Blackburn News.

The Sarnia area housing market is heating up with the spring weather.

In April, work began on 27 single family homes, compared to the month’s average of 13 over the past decade.

Canada Mortgage and Housing Corporation Market Analyst Anthony Passarelli says it’s due to supply in the resale market not keeping up with demand.

“Currently in the region, and most parts of Ontario, you see that there’s a really low supply of homes listed for sale relative to the amount of buyers out there,” says Passarelli. “When that happens, it makes it easier for new homes to be sold because there’s a shortage of homes listed for sale.”

Link to the rest here.

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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.