Market Update

From the desk of your friendly neighbourhood REALTOR Adam Mihm.


Hello neighbours,

I know several of you are curious about the market situation in our area and in London. I know the area quite well because I live right here in East London.

The condominium townhouse market is going very strong at this time and our London inventories are low because the demand is very good. That means it is a really great time to list if you are thinking about selling your London townhouse.

The demand for lower priced properties continues to be very strong. However, medium to high range homes demand has dropped off, making this an excellent time to move up. Call me for more information on this 519-685-4190.

The bank rates for mortgages are staying pretty steady but it is expected that may change in the near future. We have two Mobile Mortgage Specialists that work with us here at Coldwell Banker. One from TD Canada Trust and one from Bank of Montreal if you need any mortgage assistance-they can travel right to your home. If you would like their information just let me know and I can forward it to you, or I can arrange a meeting if you prefer.

So, right now the situation looks really good for selling townhouses and it’s looking on the upswing for buyers looking for other residential free hold homes. This is a really good time to sell your home.

Visit my website www.HomesByAdam.ca for great buying and selling resources as well as the advanced MLS-IDX search engine.

If you would like a Free Home Evaluation, or a no obligation consultation-for your buying or selling interests, please contact me and I will be happy to help you. Coldwell Banker is a great Brokerage and 98% praise our overall performance. We provide Ultimate Service and its Guaranteed!


This is Not Intended to Solicit Properties Already Listed For Sale