St. Catharine Real Estates’ January 2008 Newsletter

Here is January’s Newsletter and yes I know it is February 1st!

Anyone in Ontario receiving this e-mail, please drive safe. In the Niagara Region, it’s nasty outside with snow and freezing rain.

Timothy Salisbury
Broker
The Salisbury Team
Royal LePage Niagara Real Estate Centre Inc., Brokerage
Toll Free – 1-800-467-8498
Office – 905-937-6000
View My Website at www.timothysalisbury.com
Remember that, now until the end of May, is the absolute best time to sell your house. Call me today to find out why!

january-2008-newsletter.pdf

Canadian citizen? You’ll have to prove it at border by Jan. 31

Bloggers,

IMPORTANT when crossing over into the United States: As of January 31, 2008. You will have to produce a driver’s licence and additional proof of citizenship – such as a birth certificate or passport, when crossing. Here is an article from the St. Catharines Standard discussing what needs to be done and needed.

T.

Welcome to 34 MacKenzie King Avenue St. Catharines Ontario Canada

UPDATE: This property has been SOLD!

Please use our online complimentary St. Catharines Ontario real estate search to find similar available listings.

34mackenzie.jpg

This St. Catharines home is priced at $214,900.00 !

Open concept living in this 2 storey, 2 year old spacious freehold townhome. On main floor living area, the great room has a gas fireplace and mantle and a spacious kitchen complete with oak cabinets. This home has 3 bedrooms, 2.5 bathrooms with 4 piece ensuite in master with separate shower and soaker tub and walk in closet. Thru the patio doors leads to a fully fenced yard with no back neighbours, see the passing ships thru the Welland Canal.

For further information, please contact Timothy 1-800-467-8498 or email him.

For other pictures of this home, visit here. For other homes I have listed in this price range, please go to the listings page of St. Catharines Real Estate or the blog listings section.

For St. Catharines attractions, you can visit:

Tour St. Catharines
St. Catharines on WorldWeb
St. Catharines Website

Sisters seek help for sweet baby Riley (update)

As you’ve seen in previous posts (11/7/07 and 1/18/08), I’ve been keeping up-to-date on Riley and have been letting all my blogger friends know what’s going on.

As posted by Matthew Van Dongen, in St. Catharines Standard, the fundraiser for Riley raised $16K!!!

We wish Riley and his family best wishes!

Fundraiser for autistic boy raises $16K

Stacey Marazzo already had the inspiration and determination necessary to learn how to treat her son Riley’s autism.

Now she has the money, too.

The Marazzo family raised more than $16,000 towards a home-based treatment program for their 20-month-old son at a weekend fundraiser.

That will enable the St. Catharines mom to head to Massachusetts next month to train in the Son-Rise Program at the Autism Treatment Center of America.

“It was a fantastic event. We had to have had more than 400 people out,” said Marazzo of the fundraising party, which featured musical acts Flat Broke and John Boyd at the Armenian Community Centre.

“There were plenty of people we knew, but quite a few who just heard our story and wanted to help.”

Little Riley had already been diagnosed with several congenital heart defects and endured open-heart surgery before recently being diagnosed with autism.

Autism is a brain development disorder that can impair social interaction and communication and cause repetitive behaviour, often starting before a child is three years old.

The Marazzos were told early treatment was critical — but the waiting list for government-subsidized treatment was two years.

Private, similar treatment would have cost more than $50,000, according to the family’s research.

The Standard told the family’s story earlier this month, including their discovery of a U.S.-based treatment parents could learn, then bring home.

The Son-Rise program has passionate supporters and detractors on the Internet, but Marazzo said she’s confident in the track record of the parent-created treatment.

“It’s totally based in love,” she said. “And it’s something I’ll be totally involved in.”

Marazzo said she’ll need about $18,000 to cover three, one-week training sessions spread throughout this year, including travel.

The money will also help build a specialized playroom that Marazzo and other volunteers will use to help Riley.

The fundraiser brought in more than $16,000, she said, “and it keeps trickling in.”

“Everyone has been so wonderful, so helpful,” she said.

“There’s still a lot of work to do, but it’s worth it. I have my inspiration, and he’s doing great.”

Current Mortgage Rates

Rate
Term
5-Year Fixed 6.04%
6-Year VRM 3.50 / 5.375%

FYI

I have attached a news release from CREA regarding the current housing market. Encouraging news for people who know!

CREA News Release

Quote of the Week

“Flaming enthusiasm, backed up by horse sense and persistence, is the quality that most frequently makes for success.”
Dale Carnegie

Paul Croteau
Mortgage Specialist
BMO Bank of Montreal
ph: (905) 321-3230
fx: (905) 641-7854
Paul.Croteau@bmo.com

4572 First Avenue is a Great Investment Property!

UPDATE: Check out the update of this property here!

Please use our online complimentary St. Catharines Ontario real estate search to find similar available listings.

first-avenue-4572-active.jpg

Priced at $99,900
Down payment only $4,995
Handy man needed!!!
2 storey home features 3 bedrooms and 1 bathroom
Approximately 1,300 sq. ft. of living space
Full basement but unfinished
Private driveway
28.5 by 150 lot size and fenced

brochure.jpg

What slowdown? Real estate has record year in Canada

Interesting article I came across on the averages of real estate across Canada from December 2006 to December 2007. The West is still very hot and so is Toronto. St. Catharines, in that time frame, only increased 1.3% but remember this is the overall average, not just residential. I had a friend who moved from just outside of Toronto to Saskatoon last year. He said when he bought the house, the property had 25 offers on it and it sold for $75,000 over list price!!

T.

This is from CBC.ca News. You can see the chart here.

13 of 24 markets report double-digit price increases, led by Regina and Saskatoon

The resale housing market in Canada’s major cities enjoyed a record year for sales and prices in 2007, the Canadian Real Estate Association said Tuesday.

The industry group said a record 362,934 homes were sold through the MLS system last year. For the year as a whole, the average price realized was $326,055 — up 10.8 per cent from 2006 levels.

“Resale housing demand remained high throughout 2007 due to job and income growth, the continuation of attractive financing, and upbeat consumer confidence,” said CREA chief economist Gregory Klump.

He forecast that sales in 2008 would slip from last year’s record levels, but would still remain strong. Average prices are expected to rise, but “at a slower pace,” he said.

In December, the average resale home in 24 major markets sold for $332,836. That’s a rise of 13.1 per cent from the previous December — the largest year-over-year gain in more than three years.

No fewer than 13 of the 24 markets reported double-digit price increases, led by the two biggest cities in Saskatchewan. Both Regina and Saskatoon reported that home prices were more than 45 per cent higher than they were a year earlier.

Those gains showed again that Alberta has been overtaken as the price boom leader. Average price increases in Calgary and Edmonton barely made it into the double-digit arena in December, with year-over-year gains of 10.7 per cent and 12.1 per cent, respectively.

The most expensive real estate continues to be located in Vancouver. The average resale home in that city was $566,192 in December, a gain of 9.0 per cent from the previous December.

Home prices in many centres in central Canada held up well, with prices in Toronto, Sudbury, Thunder Bay and Quebec City all recording double-digit year-over-year growth.

The manufacturing slump clearly weighed only in Windsor-Essex and St. Catharines, Ont. Average prices rose by just 1.3 per cent in St. Catharines, while prices in Windsor fell 3.4 per cent from the previous December — the only major market in Canada to report price declines.

The healthy Canadian housing market stands in sharp contrast to the “deepening trauma south of the border,” noted BMO Capital Markets economist Doug Porter.

“Housing is very unlikely to provide as much support to Canadian growth in 2008, but it’s also unlikely to follow the U.S. market’s due-south lead either,” he said.