There's hot demand for people
wanting to buy homes in the St. John's, Mount Pearl region, and a lot
of
the interest is coming from outside the province. There is very
little listing inventory (inventory in the region is down 50 per cent)
A lot of the
buyers are from outside the province, especially the province of
Alberta. They see this region as a great place to invest as it has a
healthy,
prosperous economy. Stats are showing that it will remain a seller's
market for a long time yet. Royal Bank of Canada reports show that
housing prices in St.
John's are up 15 per cent.Want to keep up with the latest market news and trends in St. John's? We invite you to visit our Real Estate Blog.Fraser and Stephen Winters - Remax Remember, we're never to busy for your referrals!
|
Torbay bypass road
|
 The new bypass, to be completed in 2009, includes an 8.1-kilometre
stretch of undivided highway that will wrap around Torbay, connecting
with a five-lane highway by St. John's International Airport, which itself will be extended.
The bypass will help to support continued growth of tourism, business
investment, and economic development in the region and will likely mean
speedier development of new home construction subdivisions.
View the bypass road on a map
|
Homebuyers pay down mortgages faster
|
 Canadians who have recently purchased real estate plan on paying off
the mortgage as quickly as possible according to an annual mortgage
consumer survey released by Canada Mortgage and Housing Corp.
More Canadians are becoming aware that, since mortgage interest is
not tax-deductible in Canada, as it is in the United States, you are making
mortgage payments of both principal and interest with money that you've
already paid tax on "after tax dollars".
Homeowners working to pay down principal early
|
 We'd love to answer any Real Estate question you may have. Just email us, we would be glad to be of assistance.
Remember to recommend our services to your family and friends.
We're never too busy for your referrals
Fraser & Stephen Winters
709-682-9245 or 709-682-9045
info@fatherandsonteam.ca
|
|
Quoteable Quote
"
Watch, listen, and learn. You can't know
it all yourself. Anyone who thinks they
do is destined for mediocrity."
-Donald Trump
|
|
|
|
|
