My 50 year milestone

 Still active and available to represent clients in the

 Moncton area real estate marketplace!

CONTACT LARRY ESTABROOKS

Moncton - 8 days to Spring

Only 8 days to Spring and the beginning of Moncton's version of a Spring real estate market.

Normally Spring is the busiest season in the metro Moncton real estate market. But with only 8 days to go the local snow cover may delay our Spring market. No shortage of listings though. Now if the buyers would come out of hibernation......

Moncton Real Estate Market - 2014 Review

With just over two weeks to go before the end of the 2014, the Moncton area real estate market is firmly in "Buyer's Market" mode. My postings on my other Moncton real estate blog, blogMoncton.com, contain some easy to comprehend graphs which illustrate the monthly and quarterly real estate activity in 2014.

In a few weeks I will post my forecast for the Moncton area real estate market in 2015.

Please enjoy the holiday season.

Moncton Real Estate Forecast for 2014

It's 2014 and a year since my last post to this blog. Not that I haven't been blogging. I'm been posting on my #1 Moncton Real Estate Blog -blogMoncton.com - all last year.

So here is my prediction for the local real estate market for 2014

•  Lots of listings from which to choose, in fact above average all year.
• About the same number of buyers in the market as in 2013.
• Buyers will have the advantage over sellers.
• It will be another disappointing year for sellers who list their properties to "test the market".
• These sellers will hold out for top dollar, hoping to find a unsophisticated or unrepresented buyer.

So, buyers, here it is. Buyer's market for buyers who find motivated sellers. And the best way to achieve that goal is for a buyer to be represented by an experienced buyer agent.

Moncton Real Estate Forecast for 2013

It's 2013 and a year since my last post to this blog. Not that I haven't been blogging. I'm been posting on my #1 Moncton Real Estate Blog - blogMoncton.com - all last year.

So here is my prediction for the local real estate market for 2013. Lots of listings from which to choose, in fact above average all year. About the same number of buyers as in 2012. However 2013 will favour those buyers over sellers who are motivated to sell. 2013 will be a disappointing year for sellers who only list their properties to "test the market".
These sellers will hold out for top dollar, hoping to find a unsophisticated or unrepresented buyer.

So, buyers, here it is. Buyer's market for buyers who, find motivated sellers. And the best way to achieve that goal is for a buyer to be represented by an experienced buyer agent.

Larry

New Construction Open Houses on Super Bowl Sunday 2012

Announcing my super Open House on Super Bowl Sunday, February 5th 2012 at the Carriage Hill Development in Riverview from 10 am to 1 pm,. And, if you wish, we will place your name in a bowl from which we will draw one name who will receive two tickets to the Game Day Tailgate Buffet at Casino New Brunswick
(you must be over 19 for your name to be to placed in the bowl)

Open House details here: http://openhouses.monctonguide.com/


Look here for details on these new constructions in Carriage Hill : http://carriage-hill.monctonguide.com/

It's Sold You're Moving: THE PITFALL OF MULTIPLE REPRESENTATION aka Dual Ag...

It's Sold You're Moving: THE PITFALL OF MULTIPLE REPRESENTATION aka Dual Ag...: "To many, the term - dual agency means that a REALTOR ® represents both the buyer and the seller in the sale of the REALTOR's ® listing. T..."

Moncton Leads MLS® Sales in New Brunswick

The Moncton area real estate market activity is outstanding in the Province!

Moncton
Nov-2010 - Sales: 231 - Volume Sold: $ 32,817,209
Oct-2010 - Sales: 217 - Volume Sold: $ 29,969,317
Sep-2010 - Sales: 233 - Volume Sold: $ 30,811,523

Fredericton
Nov-2010 - Sales:  149 - Volume Sold: $ 22,732,110
Oct-2010 - Sales: 168 - Volume Sold: $ 24,045,500
Sep-2010 - Sales: 195 - Volume Sold: $ 28,422,011

Saint John
Nov-2010 - Sales: 133 - Volume Sold: $ 22,286,640
Oct-2010 - Sales: 170 - Volume Sold: $ 26,726,453
Sep-2010 - Sales: 196 - Volume Sold: $ 32,086,753

Moncton Leads MLS® Sales in New Brunswick

Hot off the computer on August 31st - Total real property sales and volume reported in Fredericton, Moncton and Valley are not far off previous years but Saint John and and Northern New Brunswick have stumbled.

The Moncton area remains the most active real estate market.

Fredericton
Aug-2010 Sales: 215 - Volume Sold: $ 31,358,938
Aug-2009 Sales: 234 - Volume Sold: $ 32,993,806
Aug-2008 Sales: 260 - Volume Sold: $ 36,301,562

Moncton
Aug-2010 Sales: 275 - Volume Sold: $ 39,835,571
Aug-2009 Sales: 254 - Volume Sold: $ 41,606,384
Aug-2008 Sales: 286 - Volume Sold: $ 40,556,633

Saint John
Aug-2010 Sales: 181 - Volume Sold: $ 30,473,985
Aug-2009 Sales: 224 - Volume Sold: $ 35,146,361
Aug-2008 Sales: 284 - Volume Sold: $ 43,156,931

Northern New Brunswick
Aug-2010 Sales: 64 - Volume Sold: $ 4,751,100
Aug-2009 Sales: 52 - Volume Sold: $ 4,651,900
Aug-2008 Sales: 100 - Volume Sold: $ 9,015,322

Valley Board
Aug-2010 Sales: 18 - Volume Sold: $ 1,443,700
Aug-2009 Sales: 27 - Volume Sold: $ 1,651,600
Aug-2008 Sales: 24 - Volume Sold: $ 1,773,900

An energy efficient house built ahead of its time

Not all twenty plus year old houses are energy hogs. Some were built to energy efficiency levels that are higher than most new housing being built today. Recently I listed for sale just such a house. This is a multi level style with over 2,000 square feet of living area above grade. Built for the owner with 9 inch thick walls rated at R-28, a heat recovery ventilation system and baseboard electric heat, this house is at the top tier of energy efficiency even today.



The NB Power bills from the last twelve months including taxes total under $3,000. That's a 12 month average of just $250 per month. If you would like to see the billing summary it's on the web site at www.29Aurora.info.

Housing Sales in the City - Not Hot

The total number of residential sales within the City of Moncton reported to the GMREB year-to-date is down by 28.5%. This number stands out when compared to the City of Dieppe (down 8%) and the Town of Riverview (down 17.5%).

Buyers take note - now is the time to find the motivated sellers. But beware of double agents. You should have the undivided loyalty of you own agent. Learn more about agency on my other blog www.blogMoncton.com

Because a significant percentage of residential sales in Moncton are new construction housing, I prepared a chart for existing and a chart for new.

Elegant seaside cottage or four season residence near Moncton

If you are looking for something special in an uncrowded seaside location then you should investigate the custom built property which is only a 30 minute drive from the Moncton International Airport. Find the full details of this MLS® property including more pictures, a virtual tour, some video and a map link at www.grandedigue.info

Moncton Housing Market Update Spring 2009

The MLS® sales facts for the City of Moncton in the first four months reveal:

• 2009 sales of existing housing is off to the slowest start in the last five years.


• 2009 sales of new housing is also off, but not as much.


• Mortgage interest rates are at historically low levels.


• There is a good selection of housing for sale in the city of Moncton listed MLS® :
  156 - new construction
  173 - less than 20 years old
  239 - over 20 years old

So you may ask - Is it a good time for an individual to buy or sell? The answer is not simple and depends on a lot of factors. Feel free to contact me if you would like to discuss the local real estate market.

Moncton Property Guy

www.MonctonPropertyGuy.com is the new web address for Matthew Estabrooks, licensed independent Agent. Matthew is entering his ninth year as a REALTOR® . And I should mention that Matthew had (and still has) an experienced mentor, his father. (;-)

Metro Moncton OPEN HOUSES

Locating OPEN HOUSES of homes for sale in the Moncton area and beyond is now just a few clicks away.

Consumers who wish to learn more about touring OPEN HOUSES should .... > CLICK HERE FOR MORE <

2009 Canadian Budget - Incentives For Housing

Moncton area home owners, recent buyers of new construction, and potential home buyers (first time or otherwise) are all offered incentives in the proposed 2009 federal budget.

Here is a link to a summary of the incentives:
www.budget.gc.ca/2009/plan/bpc3c-eng.asp

One of the incentives, the Home Renovation Tax Credit, is only offered for the next twelve months so it would be wise to start planning now. Note to recent purchasers of new construction - the Home Renovation Tax Credit applies to driveway paving and landscaping.

The First-Time Home Buyers’ Tax Credit is a three year program and even applies to individuals who have owned before as long as it was not in the calendar year of the home purchase or in any of the four preceding calendar years.

(If you have not already engaged a licensed real estate professional to advise you about real estate please feel free to contact me.)

www.moncton-homes-for-sale.com

The url says it - www.moncton-homes-for-sale.com - and the web page tells consumers where they can find every active Moncton area MLS ® listing. But what's really important is that right up front the consumer can read about disclosure. Disclosure of Role - Agency that is. Consumers need to know the ethical requirement that REALTORS ® must disclosure the nature of the service they will be providing. Consumers have rights. They have the right to say "NO" to dual agency.

Land Near Moncton Casino

The sign seems to say it all. There are some very affordable acre plus parcels of land for sale in the neighbourhood which is not actually in Moncton but just outside of city limits. Lots of possibilities. Want to know more? Email me Larry@LarryEstabrooks.com or call - 506-856-0202.

New Website For Rural Properties

rural4sale.com is my new website for marketing rural properties located in New Brunswick, Canada. I've created it to showcase rural properties for sale and highlight the quality of the rural lifestyle in New Brunswick. Now all you country boys and country girls who want a real estate agent to help you sell your rural property will have a new option.

You know a sign in front a rural property is not seen by as many people as a sign in the city. It take a lot more marketing to properly expose a rural property to the market and as many potential buyers as possible.

Please check out rural4sale.com and by all means suggest what you would like to see there.

Moncton Homes & Real Estate Guide

MonctonGuide.com is my newest website for consumers seeking guidance to the real estate market in Moncton, Dieppe, Riverview and the surrounding areas.
Consumers should fully understand the concept of agency representation before embarking on any journey through the jungle of our local real estate market.
Your journey will be safe and successful using the professional services of an experienced local expert like myself.
Please have a look at MonctonGuide.com and by all means contact me if you have any comments or questions.