Unit sales remain strong in Burlington

As we conclude the first half of 2008, the Burlington area real estate market is still showing customer confidence and enthusiasm, adding 350 unit sales in the month of June, this brings the monthly average year-to-date to 298 units sold per month or a total of


Burlington unit sales showed a volume of 1438 units sold as of May 31, 2008, at an average sale price of $351,756, averaging 97% of the asking price, while remaining on the market for a period of 43 days.

Comparing this volume with same period last year, unit sales were 1567 representing an 8.97%


Father's Day Contest

Posted by: Administrator in Hearth Home on

Frackleton's

Fashion & Lifestyle for Men.

Contest is Now Closed.  Thank you to all those who participated!

Congratulations to Kevin Wright who was the winner of the $100 Gift Certificate to Frackleton's.


Burlington, Ontario ranks number 8 in Canada for best places to live, 3rd in Ontario and 1st in the Greater Toronto Area.  To see the full article, Click here...

Source: MoneySense Magazine: May


January 1, 2008 to March 31, 2008 Statistics

Burlington Sales: 719 units, at an average price of $348,015. Remaining on the market for an average of 45 days.

Hamilton Sales: 1,136 units, at an average price of $192,431. Remaining on the market for an average of 50 days.

Ancaster Sales: 111


The Bank of Canada cut its benchmark overnight lending rate by one-half of one percentage point to 3 1/2 per cent on March 4th, and signaled further cuts in the near future. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, now stands at 3.75 per


NEWS RELEASE

Tamer Fahmi receives Prestigious Volunteer Recognition Award

Hamilton (January 22, 2008) - The REALTORS® Association of Hamilton-Burlington (RAHB) recently bestowed two members with prominent honours. Tamer Fahmi received the Award of Merit and fellow REALTOR® Stacey Adamson was named Volunteer of the Year.

Tamer Fahmi, Broker of Record at Hearth and Home Realty Inc., has been actively selling real estate since 1976. He has given his time freely for the benefit of organized real estate, including serving as President of the REALTORS® Association of Hamilton-Burlington in 1995 and President of the Ontario Real Estate Association in 2005.

Award of Merit

Shown above: Stacy Adamson - Recipient of the Volunteer of the Year Award, Mike Cusano - 2007 President of the REALTORS® Association of Hamilton-Burlington, and Tamer Fahmi - Recipient of the Award of Merit.

Tamer continuously stays involved on volunteer committees at the regional, provincial and local levels. In addition, Tamer is an active member of the Burlington Chamber of Commerce and the Burlington Downtown Business Association.

"Being a volunteer helps keep a community vibrant," said Fahmi. "It's an honour to receive an award for activities that I truly enjoy doing."

The Award of Merit is presented to a member who has shown commitment to the association and the real estate profession through years of dedicated volunteerism. Nominees must have served on RAHB committee(s) for a period of no less than three years. The award may or may not be awarded annually.

Adamson, a salesperson with Homelife Macro Realty Realty Inc., was recognized for her role as the chair of the REALTORS® Association of Hamilton-Burlington's charity auction task force. The task force hosts the association's premier event of the year - historically raising over $50,000 in one evening for local underprivileged children.

During her time as chair, she illustrated devotion, and acted as an inspiration to the other task force members. One member stated that, "Stacey holds herself to a degree of excellence, setting the standard for everyone else - always leading by example".

The Volunteer of the Year Award is presented to a member who has gone above and beyond in their dedication and service

to an association committee during the current year. This award may or may not be awarded annually.

Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,400 real estate brokers and salespersons from Hamilton, Burlington and surrounding areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. In addition, RAHB is an active participant in the Home Ownership Affordability Partnership (HOAP) and holds an annual auction in support of local charities. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.mls.ca. More information about RAHB is available at http://www.rahb.ca/


Read this recent message sent by Ms. Ann Bosley, 2007 CREA President, to all Canadian Real Estate boards and Associations;

Click here here for full report and statistics

January 23, 2008

Attn: Boards and Associations

The Canadian Real Estate Association today issued the attached news


Land Transfer Tax Rebate extended

Posted by: 0 in OntarioGovernment on

Government of Ontario just announced and extension on the First Time Home Buyers Program Land Transfer Tax rebate of up to $2,000 on Resale homes as well as New Homes, click here for more details;


Low interest rates, increased employment levels and a healthy economy spurred solid real estate activity in Hamilton-Burlington in 2007. The number of homes sold is expected to top 13,760 units by year-end, representing a 5% increase over 2006 levels. Average price is to climb 7% to $268,000, up


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