The Riz Team Blog

Archive for November, 2019

DIY CHRISTMAS WREATH

Wednesday, November 27th, 2019

Need a great holiday craft project? Here is list on how to make different Christmas wreaths that perfectly fit your taste, looks great on your door, and is fun to make! Whether your taste in holiday decor is clean and minimalist or bold and glitzy, you’ll find a DIY Christmas wreath to make this holiday season in the list below!

READ MORE: http://bit.ly/2XPcKNy

DIY Pumpkin Spice Latte

Thursday, November 21st, 2019

Enjoy this coffeehouse-style Pick-Me-Up Pumpkin Spice Latte drink anytime. Pumpkin melts right into the coffee and adds body and natural flavor. This is a great satisfying specialty beverage for all year round.

INGREDIENTS

1 cup strong coffee

2/3 cup Evaporated Milk

1/3 cup 100% Pure Pumpkin

2 teaspoons granulated sugar or more to taste

1/4 teaspoon pumpkin pie spice or ground cinnamon

1 teaspoon pure vanilla extract

Whipped cream (optional)

READ INSTRUCTIONS HERE

D.I.Y. LIGHT BULB DECOR

Friday, November 15th, 2019

D.I.Y. Beaded Showpiece! Wait before you throw out your old bulbs. Reuse the bulbs to make your room extraordinary! Here are ways to make your home look beautiful and brighter with these d.i.y. bulbs!
READ MORE: http://bit.ly/2Oeek7f

OCTOBER MARKET SNAPSHOT

Tuesday, November 5th, 2019

STRONG HOME SALES CONTINUE IN OCTOBER IN FACE OF LOW INVENTORY

KITCHENER-WATERLOO, ON (November 5, 2019) ––538 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in October, an increase of 4.1 per cent compared to the same month last year.

Home sales in October included 334 detached (up 11.3 per cent), and 65 condominium apartments (up 1.6 per cent). Sales also included 108 townhouses (down 6.1 per cent) and 31 semi-detached homes (down 18.4 per cent).

“Home sales were up again last month led by strong sales of detached single family properties,” says Brian Santos, KWAR President.

The average sale price of all residential properties sold in October increased by 9.1 per cent to $533,288 compared to October 2018. Detached homes sold for an average price of $610,840 (an increase of 6.2 per cent compared to October of last year. During this same period, the average sale price for an apartment-style condominium was $333,895 for an increase of 6.7 per cent. Townhomes and semis sold for an average of $434,035 (up 11.2 per cent) and $461,590 (up 14.3 per cent) respectively.

The median price of all residential properties sold last month increased 12.4 per cent to $500,000 and the median price of a detached home during the same period increased by 8.3 per cent to $568,950.

The average days it took to sell a home in October was 22 days, which is three days fewer than it took in October 2018.

REALTORS® listed 670 residential properties in K-W and area last month, a decrease of 12.4 per cent compared to October of 2018, and a decrease of 3.3 per cent in comparison to the previous ten-year average for the month of October. The total number of homes available for sale in active status at the end of October totalled 691, a decrease of 26.5 per cent compared to October of last year, and well below the previous ten-year average of 1,412 listings for October. Months Supply of Homes for sale stood at 1.4 months in October, which is 26.3 percent lower than the same period last year. The previous ten-year average months supply of homes for October was 3.03.

“Seasonal strength in October is common as people to look to make moves before Winter. With a scarcity of listings, buyers continue to snap up properties in the Kitchener-Waterloo area at a robust rate,” says Santos.

In this highly competitive real estate market, Santos emphasizes the importance of working with a local REALTOR® who has a complete understanding of our unique region and its market dynamics.


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