Residential MLS® sales in the Montréal Census Metropolitan Area (CMA) increased by 16 per cent in April 2012 compared to April 2011, according to the Greater Montréal Real Estate Board (GMREB). This was the eleventh consecutive monthly increase in sales, and the second best result for a month of April after the record set in 2010.

“The April 2012 increase in sales in the Montréal CMA was the largest among the province’s six metropolitan areas,” said Diane Ménard, Vice-President of the GMREB Board of Directors. “It’s thanks to the strong performance of Montréal’s suburbs that residential sales increased so dramatically compared to the same month last year,” she added.

The area of Vaudreuil-Soulanges registered a 27 per cent increase in residential sales, its best result ever for a month of April. Sales on the South Shore grew by 26 per cent, rebounding from the same month last year when sales on the South Shore posted their largest decrease.
The North Shore and Laval also registered their second best month of April, with respective sales increases of 17 and 19 per cent. Last but not least came the Island of Montréal with a very respectable 8 per cent increase in MLS® sales.

In terms of property categories, single-family homes posted the best result as sales of this property category grew by 18 per cent (3,130 transactions), followed by condominiums at 14 per cent (1,589 transactions), and plexes at 12 per cent (472 transactions). The number of active listings for the entire Montréal CMA increased by 10 per cent in April 2012 compared to April in 2011, with a total of 28,632 residential properties for sale by a real estate broker. This was the largest supply of properties available for a month of April in eight years.

As for prices, all three property categories registered an increase in median price. The median price of single-family homes grew at a slower pace than in the three previous months, at 3 per cent, to reach $272,000. The increase in median price of condominiums was also more moderate at 2 per cent, reaching $223,950. The median price of plexes increased by 6 per cent to reach $412,000 in the Montréal Metropolitan Area.

For April 2012 statistics charts CLICK HERE

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MONTREAL REAL ESTATE INVESTORS GROUP
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Stylish 2009 condo, across from Lachine Canal and bike path. Floor to ceiling windows, laundry area, lots of storage including double locker in basement. Separate shower, deep tub, programmable thermostat and more. Close to daycare, metro, 3 buses, schools and Agrignon Mall.

Come see it for yourself.

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CLICK HERE for full PDF Listing of Property

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CALL ME FOR A VISIT: Jennifer Walker
514-402-8444 or EMAIL ME!

MONTREAL REAL ESTATE INVESTORS GROUP
To learn more about the Montreal Real Estate Investors Group go HERE

If you would like to receive daily updates about real estate information, the market, resources, articles, tips and more, Join me:

“Getting to know you and your dreams will allow me to start making a chance in your life. I hope I can help you make a step in the right direction and I look forward to hearing from you!”

I love the fact that Marc is focusing on people’s dreams and not just selling a service. I love working with Marc because he genuinely cares. He wants to see people achieve and grow.

“The world always looks brighter from behind a smile.”

His experience in travel, life and investing creates a well rounded offering for anyone who needs mortgage advice or information on our economic environment.

“Your new home doesn’t come with mortgage advice. I do.”

To contact Marc-André Rocher, 514-591-3815
www.marcandrerocher.com

Marc-Andre Rocher – Mortgage Specialist from Bartek on Vimeo.

Hi I’m Jennifer Walker, the author and Real Estate Broker. For more info call me (514) 402-8444 or EMAIL ME!

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MONTREAL REAL ESTATE INVESTORS GROUP
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WHEN: Wednesday, March 7th, 2012, 7:00-9:00 PM

WHERE: 800 Sherbrooke Street, Lachine East #205 (upstairs)

PRESENTED BY: Jennifer Walker, Real estate broker and group organizer. I’ve been promoting and educating real estate for 8 years now. For tips, market updates and other great info: www.Facebook.com/Montreal-Real-Estate-Investing

Doors open at 6:50

COST: 20$

DESCRIPTION: Excited to get into real estate and not sure where to start?? Join me and a group of like minded individuals and learn that it’s a lot easier then you think. I’ll be teaching the fundamentals of what you’ll need to know to get off the ground running:

For more information on our Meetup Group, visit: www.budurl.com/MeetupGroup

I’ve started this group because I love real estate and educating people on the matter. If you would you like me to work for you, call me 514-402-8444 or EMAIL ME!

]]> http://www.montreal-realestate.ca/english/2012/02/real-estate-for-beginners/feed/ 0 http://www.montreal-realestate.ca/english/2012/02/multiple-offer-notification-of-the-other-offer/?utm_source=rss&utm_medium=rss&utm_campaign=multiple-offer-notification-of-the-other-offer http://www.montreal-realestate.ca/english/2012/02/multiple-offer-notification-of-the-other-offer/#comments Mon, 20 Feb 2012 23:22:14 +0000 Jennifer Walker http://www.montreal-realestate.ca/english/?p=1129 When is enough effort enough? If you are the selling broker dealing with a multiple offer situation, how much effort should you take to get a hold of the buying broker to notify them of the other offer? You would think it would be their top priority since it could end up in a bidding war. Your real estate broker of course would be relentless in notifying the other broker. Are you sure?

As a selling broker you’ve got an offer on the table. That afternoon, you hear of another one coming in…by Sat night, you receive the fax for the second offer. You call the 1rst broker at 20:00 and leave a message on their phone. The deadline for both offers is 22:00 that night. That one phone call is all the effort that is made…is that good enough?

As a seller, your best scenario is to have multiple offers and for all of them to be aware of each other. Legally that is the job of your broker. You want all the offers to put their best foot forward, blindly trying to outdo all the others. In these cases it’s not surprising to see buildings go for asking price or more.

I was the first offer and did not get a chance to answer the phone that night. If the broker tried calling me again or texted or emailed, I would have gotten the message that another offer was in. Surprisingly, instead of the broker waiting until he has gotten a hold of me, he presented the offers as is to the vendor and the second offer, the one knowing of multiple offers was picked. Not surprising.

Any good broker wants the best for their clients. In this scenario, it would have been in the best interest of the vendor if I had known about the other offer so we could change ours to be more competitive. The timeline at this point wouldn’t have mattered. The listing broker should have informed the 2nd offer that owner was going to answer to the offers the next day. If that took an amendment for the 2nd offer to change the timeline so be it.

What’s the most important thing here is not the deadline of an offer, but the effort you take to get the most for your client.

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I’ve started this group because I love real estate and educating people on the matter. If you would you like me to work for you, call me 514-402-8444 or EMAIL ME!

]]> http://www.montreal-realestate.ca/english/2012/02/multiple-offer-notification-of-the-other-offer/feed/ 0 http://www.montreal-realestate.ca/english/2012/02/real-estate-investors-group-meetup/?utm_source=rss&utm_medium=rss&utm_campaign=real-estate-investors-group-meetup http://www.montreal-realestate.ca/english/2012/02/real-estate-investors-group-meetup/#comments Wed, 08 Feb 2012 01:16:43 +0000 Jennifer Walker http://www.montreal-realestate.ca/english/?p=1115 WHEN: Wednesday, February 15, 2012, 7:00 PM

WHERE: Royal Bank of Canada
3900 cote vertu, suite 101, st laurent, QC

TITLE: “Learning About Commercial Mortgages For Buildings And The Financial Aspects On Buying A Business”.

DESCRIPTION: We’ll learn more about commercial lending for buildings and for businesses.

PRESENTED BY: Guest Speaker: Angelo Caparelli – Senior Account Manager at RBC. He has 25 years experience within RBC Real Estate related to lending, underwriting, risk assessment, leasing & management of mutli-residential, retail, industrial & office buildings. Angelo’s role within RBC is to support and guide the Account Manager’s in commercial lending.

Doors open at 6:50

AT 7:00, we’re asking members to do a 30 second (or less) infomercial about themselves. This is a great time to introduce yourselves and inform people of what you are doing & looking for. Bring your business cards for our table.

DRAW: We will put your name in a draw to WIN a Real Estate Invement book. We’ll do this following our Guest Speaker.

COST: 10$

For more information on our Meetup Group, visit: www.budurl.com/MeetupGroup

If you would like a one on one consultation on buying real estate, please give me a call and I would be more than happy to assist: jenn@montreal-realestate.ca or call Jennifer Walker 514-402-8444

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I’ve started this group because I love real estate and educating people on the matter. If you would you like me to work for you, call me 514-402-8444 or EMAIL ME!

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