Windsor is turning the corner thanks to major construction projects and a revived auto industry, says a national economic outlook issued Wednesday. The region's economy is expected to grow 2.6 per cent this year, the first expansion in four years, says the Conference Board of Canada's latest metropolitan outlook.
It will be a modest but steady climb over the next four years as Windsor regains its foothold with annual economic growth of 2.7 to 4.1 per cent, the report says. The numbers look small, but the optimism is huge among business owners who've hung on through the worst and see prosperity on the horizon, said Ed Miles, treasurer for the Windsor-Essex Regional Chamber of Commerce. "When you've been knocked down so far it's easy to come back, but I think we're going to look back and say 2010 was an excellent year to buy a house. It's an excellent year to invest in a business."
Miles, a chartered accountant for the past 20 years, said he is hearing the signals from clients that the region's growth could surpass the Conference Board's predictions. "All the main economic factors for us are headed upward," he said.
Exerpt from The Windsor Star Article " Region's Outlook Brightens" January 28th, 2010
----- Canadians, start your own economic recovery engines! A physics teacher in high school, once told the students that while one
grasshopper on the railroad tracks wouldn't slow a train very much, a
billion of them would. With that thought in mind, read the following,
obviously written by a good Canadian.
Good idea . . . one light bulb at a time . . . .
Check this out. I can verify this because I was in Lowe's the other day for
some reason and just for the heck of it I was looking at the hose
attachments. They were all made in China. The next day I was in Home
Hardware and just for the heck of it I checked the hose attachments there.
They were made in Canada. Start looking.
In our current economic situation, every little thing we buy or do affects
someone else - even their job. So, after reading this email, I think this
lady is on the right track. Let's get behind her!
My grandson likes Hershey's candy. I noticed, though, that it is marked made
in Mexico now. I do not buy it any more. My favorite toothpaste Colgate is
made in Mexico now. I have switched to Crest. You have to read the labels on everything.
This past weekend I was at Wal-mart. I needed 60W light bulbs. I was in the
light bulb aisle, and right next to the GE brand I normally buy was an off
brand labeled, "Everyday Value. " I picked up both types of bulbs and
compared the stats - they were the same except for the price. The GE bulbs
were more money than the Everyday Value brand but the thing that surprised
me the most was the fact that GE was made in MEXICO and the Everyday Value brand was made in - get ready for this -in Canada at a company in Ontario.
So throw out the myth that you can not find products you use every day that
are made right here.
My challenge to you is to start reading the labels when you shop for
everyday things and see what you can find that is made in Canada - the job
you save may be your own or your neighbors!
If you accept the challenge, pass this on to others in your address book so
we can all start buying Canadian, one light bulb at a time! Stop buying from
overseas companies!
(We should have awakened a decade ago . . . . . .)
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It was exciting to see such a jump in the sales figures in October, up 34% over last October. The average home price also jumped by 5.17%. The issue is becoming the lack of good saleable listings. Listings are down 5.42% in October and Year to Date they are down 10.58%. The neighbourhood with the highest listings this month was South Windsor at 99 homes. Highest Sales were in East Windsor with 56 homes sold in October.
When a good listing hits the market it is usually gone within a week or two. Anxious buyers have seen everything out there and when the right one comes along they know it and are ready to buy. Multiple offer situations are happening on a regular basis in today's market.
This is good news for homeowners who have been holding off waiting to list their home. Prices are still down from what they were a few years ago so people that have only owned their homes for a few years are not likely to make a profit on their home but chances are if they have to sell, they may break even.
If you have been considering selling your home in Windsor, Essex County, now may be the time to have a market analysis done on your home. We can provide you with the information needed to make an educated decision on listing your home and purchasing a new one.
Lynn Pronger and Mary Morrison have the marketing tools and knowledge to get your home seen across the country and beyond. We have recently dealt with buyers from Dubai, Abu Dabi, England and other provinces. If you are considering listing your home, make sure it gets seen! Call us or visit our website at www.buywindsorrealestate.com. Lynn Pronger and Mary Morrison, Royal LePage Binder Real Estate
Office 519-735-7222 or buywindsorrealestate@yahoo.ca
Charming AND Updated!!!
• 1 bath, 3 bdrm 2 story - 
MLS® $137,900 - Full Brick Gorgeous Porch
Old Riverside, Riverside - Fall in love as soon as you step onto the charming front porch of this updated home situated in a quiet family neighbourhood. Updated with new windows, furnace, c/a, front and back porch with hot tub and electric canopy over the back deck. Charming kitchen with barrel vaulted wood ceiling, gas fireplace in the living room, patio doors off the dining area, gorgeous entrance with built-in bench, plus hardwood floors, a totally renovated bathroom with jacuzzi tub, etc, etc. Plus an assumable mortgage of 1.6 percent until 2013 on $ 119,000. Won't last long!!!
Property information
You can't beat an older home to give you that feeling of "Aahhh, I'm home" when you walk in the door. That is certainly the feeling when you walk into 918 Dawson. The foyer features a solid wood staircase and railings, with a window in the landing and a built-in bench to sit down and take off your shoes and to store them as well!. The living room has a large window and a gas fireplace, a very large dining area is open to the kitchen and there is a patio door to a nice deck with electric awning and a HOT TUB! The charming kitchen features a barrel vault wood ceiling. Hardwood floors throughout as well. Upstairs you will find a totally renovated space with three bedrooms and a modern bathroom with glass bowl sinks and a jacuzzi tub. The basement has larger windows than you would expect in an older home so there is plenty of light. The mechanicals are updated as well with a new furnace, central air and electrical system and all the windows are new!
I forgot to mention the charming and very large front porch loaded with wicker furniture to share a coffee with a friend or relax at the end of the day (before you hop in the hot tub). A great mix of old and new. Give Lynn a call for more information on this charming home. Lynn Pronger 519-566-7188 www.buywindsorrealestate.com
Old Riverside, Riverside - Announcing a price reduction on 918 Dawson, a 1 bath, 2 bdrm 2 story. Now MLS® $137,900 - Full Brick Gorgeous Porch.
Property information
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| Su | Mo | Tu | We | Th | Fr | Sa |
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| 25 | 26 | 27 | 28 | 29 | 30 | 31 |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | 1 | 2 | 3 | 4 | 5 |
East Riverside, Riverside - We invite everyone to visit our open house at 1772 Chateau on November 15 from 1:00 PM to 3:00 PM.
Property information
East Riverside, Riverside - Announcing a price reduction on 1772 Chateau, a 2 bath, 2 bdrm single story. Now MLS® $172,900 - PRICED TO SELL!.
Property information
East Riverside, Riverside - Announcing a price reduction on 462 Sandpoint, a 3 bath, 2 bdrm townhouse. Now MLS® $229,900 - JUST REDUCED.
Property information
Hoping to catch the eye of out-of-towners looking to re-locate to Windsor, the City has posted several new short videos on the City of Windsor website. Check them out at
www.citywindsor.ca and click on the link on the left hand side of the screen called Community Videos. This is a great way to view some of the wonderful sites and amenities our City has to offer. Windsor is a great place to retire and Mary and I are very busy with out of town buyers re-locating and retiring to the City. I recently sold a home to a couple currently residing in Dubai. They are Canadian Citizens who plan to retire to our City in the next few years. They appreciate the moderate climate and the proximity to International flights from the Detroit Airport. Give us a call for more information and we can send you some homes to view on-line to give you an idea of what is available in our great city. Lynn Pronger
If you are sitting on the fence waiting for the market to hit bottom, I believe it already has and is on it's way back up. The mortgage rates are creeping up as well. There are slim pickings on great homes at great prices as was obvious in our office over the weekend when 7 multiple offer situations were brought to our attention, including my own where a well-priced very nice home came on the market on Friday and had an offer by Sunday morning. After an open house that afternoon, two more offers were ready to present to the sellers that evening. While waiting for financing to be approved this week, the home has had a dozen more showings and an offer waiting in hopes the financing falls through.
The truth of the matter is, there are deals to be had, there are power of sales (many fixer-uppers) to be had, but a nice family home in move-in condition is in short supply. So, if you are thinking of selling and are willing to price realistically, now is the time. There are buyers waiting, many having looked for several months, as was the case this weekend with our listing.
With interest rates are so low it is foolish to wait. I remember the 1980's when my mortgage rate jumped from 11% to 19%. My banker suggested I walk away. I didn't and held on until rates went down. I sold that house for $ 43,000 and it recently sold for $ 130,000 even in this market.
Get in the market now, move up the property ladder and enjoy not only great prices but low interest rates.
Note: 5 year rate is going up tomorrow from 3.99% to 4.39%.
Moses Znaimer will be speaking at the WFCU Reception Hall on May 27th at 7:00 p.m.
He is the president and CEO of C.A.R.P. and will be addressing the Windsor Essex County Chapter of C.A.R.P. (Canadian Association of Retired Persons)
Znaimer is defining a new vision of aging for 14.5 million Canadians formerly identified as 45 plus, now designated by Znaimer as Zoomers.
Come out a meet Mr. Znaimer and hear about A New Vision of Aging for Canada.
There will be information tables, refreshments and door prizes. For more information contact
Larry Duffield at 519-944-1913.
(information excerpted from Windsor Star article)
Attention University of Windsor Students:
Are you planning on spending the next 3 to 4 years in Windsor? Why not consider purchasing a property instead of renting? With prices as low as $74,000 for a condominium or bungalow in good condition it is a smart investment! You could easily get a full return on your investment or make a nice profit after a few years. With a three bedroom bungalow you could rent out two rooms and easily pay the mortgage and utilities. Send us an e-mail at buywindsorrealestate@yahoo.ca and we will send you a list of properties for you to consider.
We are here to help!
The 1150 sq. ft. Palermo Suite features a gas fireplace and balcony overlooking parkland. Maple cabinets, granite countertops and high-end appliances are featured in the kitchen. There is an in-suite laundry room as well as a good sized guest room and bathroom. The master suite features a large walk-in closet and luxurious ensuite bath. On the 17th floor is the Portofino Club with spectacular water views and a large rooftop terrace. The kitchen is fully equipped for entertaining. There is a state of the art gym, his and hers saunas and hot tubs and a games room. Suite 410 is listed for the incredible price of $ 189,900. Other suites are available. This is a terrific investment opportunity or a great value for a University Student looking for a condominium near the University of Windsor. View today and fall in love with Portofino.
I am a real estate agent. I am self-employed. I don't have a government pension, I don't qualify for unemployment or Worker's Compensation and even if times are tough I am not expecting a government bailout! I must rely on myself. I get out of bed every day ( 7 days a week) and get to work. I follow up on leads, check my e-mails for potential clients and spend hours refining my website. I ignore my housework and my husband. I too have bills to pay and they don't get paid until I sell a house!
I work as hard on my mental attitude as I do on my business, trying to remain positive and ignore the negative media. I surround myself with positive people and I must give cudos to all of my fellow agents at Royal LePage Binder Real Estate who are in the office every day working hard and always busy. When people complain about the slow market I reply "houses are listed and sold every day here in Windsor".
So, my good people - What you think you become. Choose to be the best you can be. Choose to see the positive in all situations and believe, as I do, that the best is yet to come! And YES, now is the time to Buy Windsor Real Estate!
"The moment you settle for less than you deserve, you get even less than you settled for"
Lynn Pronger