New Brunswick

Own a Piece of History, With this Brick 1883 Victorian Italianate Style Home In Uptown Saint John!

4 bedrooms, 1.5 baths. Year Built: 1883, Sq. Ft. 2500 $249,000 CDN

Live in this designed builder's home, that William N. Dewitt built for himself in 1883. in the early 1900's real estate Broker William Earl Anderson obtained the home. this fabulous architecturally designed victorian solid brick home, Italianate style with 2500sqft, walking distance for a professional family in the heart of uptown saint john. park the car and walk to irving corp offices and uptown jobs, schools, theatre, entertainment & fine city restaurants. enjoy living is a spacious victorian home with high ceilings, crown moldings, and beautiful stained glass window. other architectural elements include: irregular shaped roof-line cornice, corbel bands, sandstone sills & lintels, pressed brick, rectangular vertical sliding windows, two hexagonal bay windows, decorative entablature over the entrance with a star in the centre, large vertical transom windows above the door and a pair of wooden doors with glass panels. improvements; new private back deck w/garden, all new windows, skylights, ceramic tile & countertops, cement flooring in basement, security w/alarm system and wood stove. this price won't last!

Click HERE for more Details

From my perspective it's looking like this year could be a late blooming summer for residential real estate sales in the metro Moncton area. The sales to listings ratio for July was over 70% in the metro area. There are some good deals to be had by savvy home-buyers who have their own agent representing them. I represented four buyer clients in making smart buys in July.

Wow! What a fantastic month of July. I Believe the cool weather did us a favour by keeping our consumer buying real estate rather than going to the cottage every weekend. So for that maybe rain is good for something other than watering the flowers? Imagine, 5 days of sunshine in the whole month of July. It never happened before in my lifetime. Enough!!!

July listings are down 16% which hauls the year to year listings down to -5%. This is very consistant with years past. So no big surprises there. However, sales are quite another thing. Unit sales for the month of July have posted a 15% increase over last year. This gives us a year to year total sales to date just down -3%. That's not bad at all. Dollar volume for July is up 25% over last year. Fantastic! So our year over year production in dollar volume is up +3% over last year. That is an amazing surprise, even for me. We have never had a July like this in my 40 years of selling real eatate. Now they are saying that all markets are prone to get even better in the months ahead.Wow! Actually, here I go again. My prediction is that we probably posted most of our August sales during July also, thus sales will likely be down porportionally for the month of August. Sorry, but I just don't see this upward trend holding for the rest of the year.

Never the less, what a beautiful year we are having in the real estate business in Fredericton. Our economy is srong, businesses are booming, construction in the city is off the charts, the city never looked so prosperous. Finally the sun is shining down on us for, hopefully, at least August and maybe even throughout September. So buyers and sellers get out there and take advantage of our low, low interest rates and prosperity market to BUY, BUY, BUY. Cheers, until next month.

In a recent interview with Candice MacLean of the Telegraph-Journal, Ron Young, Franchisee and real estate sales representative with EXIT Realty Specialists in Saint John, NB said:

"We typically get people that call all the time and want to buy waterfront land in the Quispamsis and Rothesay area. They think it's $100,000 or $80,000 and when we tell them a piece sold for $300,000, it knocks them off their chair a bit."

Young said he knows of landowners who have been offered millions of dollars for their waterfront property, but refuse to sell.

Read the article here.

For information regarding joining EXIT Realty Specialists, please contact:

Ron Young, Franchisee
EXIT Realty Specialists
ron@ronyoung.ca
506.642.3948

For information regarding real estate franchise opportunites in Canada, please contact:

Ed Martens, Sr VP Franchise Sales, Canada
EXIT Realty Corp. International
exit@exitrealty.com
800.630.3948

As we expected the month of June has also posted a -3% drop in listing activity, as did May. This will stay quite consistant with last years listing portfolio throughout the rest of this year. No suprises there.

However, we are blown away by the fantastic June production of unit sales which increased from May's -13% to only a -7% in June.The dollar volume did even better increasing from May's -7% to June's +0% for year over year from 2008. This is spectacular in a market that has been increasing consistantly for the past 10 years with no letup in sight. It's fair to say we have a very special city here and a lot of people are recognizing the value of living in a clean, safe and beautiful environment where housing prices are consistantly far below the North American price trend. The young people today have taken a paradigm shift with their family values and what they believe is important to them. Family more than job advancement. Meaning that, yes, less is more, and better. Well, that's my philosophizing for the day.

Consumers, now is the time to capitalize on the most valueable asset you can ever own, your home. Good shopping, be smart and take advantage of these low, low interest rates which will probably not be around for very much longer. Talk to you next month. Consumers look up the definition of the word capitalize and you will act now! Just a thought. Cheers!!!