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.

Moncton City Real Estate Stats

• In October, new listings were up slightly and unit sales
  held steady.
• Year to date listings are up 4% and unit sales are up 15%.
• The 12 month average sale price is up in all areas of Moncton, particularly in Moncton West.

	October 2007 (single family detached)
	Listings		Sales		Average Sale Price
Moncton	Month	YTD	Month	YTD	Month	12 Month
Center	32	392	22	254	131,882	130,935
East	28	272	13	171	147,138	160,746
North	29	340	12	218	179,383	186,258
West	4	46	3	32	124,400	164,008
Total	93	1,050	50	675
	October 2006 (single family detached)
Center	30	363	18	226	116,300	125,033
East	14	260	11	141	198,953	157,512
North	23	349	20	200	161,858	175,224
West	3	39	0	20	0	134,187
Total	70	1,011	49	587

Moncton Real Estate Activity

Moncton city single family home sales are up 7.4% thus far this year to the end of May.

Compared to the same period in 2006, the 12 month
average sale price is advanced in all area except Moncton North.

(I caution that average price information can be
useful in establishing trends over time, but does not indicate actual prices in
Moncton which is comprised of widely divergent neighborhoods.)

	May 2007
	Listings		Sales		Sales/Listings Ratio %		Average Sale Price
Area	Mnth	YTD	Mnth	YTD	Mnth	YTD	Mnth	12 Mnth
Center	41	200	27	112	66	56	129,474	128,779
East	37	131	17	81	46	62	140,876	159,179
North	45	168	37	103	82	61	190,517	173,940
West	4	21	6	16	150	76	237,750	168,416
Total	127	520	87	312	68	60
	May 2006
Center	52	166	24	99	46	60	137,175	122,661
East	33	116	18	66	55	57	149,128	150,190
North	45	179	41	98	91	55	175,716	175,900
West	7	23	11	14	157	61	127,409	121,903
Total	135	484	94	277	69	57