Bob Anderson

This is a fabulous house, bright with great views from all the rooms. Just a short walk to Sturgeon Lake access and 9 iron shot to the Sturgeon Point Golf Club.

Four Bedroom. Large master bedroom with luxurious ensuite. Main bath with jacuzzi tub.

Well appointed kitchen overlooks family room with wood burning fireplace.

Direct access to garage. 3 walkouts.

Dug pond on property.

December 31 will be a memorable evening for everyone with children's activities, public skating,

entertainment and David Wilcox in concert.

Oshawa Celebrates 2009 offers free public skating beginning at 7:00 p.m., 8:00 p.m., 9:00

p.m., 10:00 p.m. and 11:00 p.m. There will be a wristband policy in place for the scheduled

skating times, which will be handed out starting at 7:00 p.m.

Children's entertainment begins at 7:00 p.m. and includes face painting, crafts, games and

entertainers. The children's event concludes at 9:00 p.m. with a New Year's countdown and

balloon drop. Free hot chocolate will also be provided courtesy of the Oshawa Rotary Club

from 7:00 p.m. until 9:00 p.m.

Live entertainment includes Trevor Leblanc at 7:45 p.m., the Boogie Men at 9:00 p.m. and at

10:30 p.m. David Wilcox takes to the stage to rock in the New Year!

Oshawa Celebrates 2009

ages to celebrate the New Year. Event attendees are encouraged to bring a non perishable

food item in support of local food banks.

In Oshawa in November the Durham Region Association Of Realtors announced there were:

281 new listings. There were 758 active listings. Year to date there have been 4678 listings in Oshawa. Previous year to date was 4508 listings.

112 sales. Year to date there have been 2120 sales. Previous year to date there were 2469 sales. That is a drop of 14.1%.

In a market where sale prices are increasing the initial list price of a property is not as critical as when the sale prices are decreasing.

In a rising market if a property is overpriced for example 2% and the market increases 8% a year then in 3 months the property should be at market value.

But in a declining market if a property is overpriced by 2% and the market is decreasing by 8% a year then in 3 months the property will be 4% over market price. And the longer it takes to get the property to the right price the more the seller will lose.

The last time we had a falling market was from 1989 to 1992. We saw house prices drop by 30% in that time frame. It was not unusual to see properties chase the market down. A property would be listed a little too high, not sell, lower the price a little, not sell, lower the price a little etc etc. And yet lots of properties sold in that time frame because they were priced right.

There is also lots of talk about market times getting longer. I am going to do a little research and see if properties are selling with the original list price or if they are selling in 30-60 days as a result of a price change. If they are selling after a price change then I feel it should be expressed as something different than market times being longer, perhaps the market being more "price sensitive". I will post again when I get some more research completed.