Buckingham Realty

Buckingham Realty (Windsor) Ltd.   “Reputation is the measure of how much a community trusts you.” Buckingham  prides itself on having one of the best reputations in the industry. As a leading Real Estate Broker for over 45 years Buckingham has built a reputation of trust and integrity in Windsor and Essex County.  Buckingham has over 50 experienced realtors on staff.  We have helped tens of thousands of families, individuals and companies to sell and to purchase, resale homes, new homes, condominiums, commercial properties, factories and businesses. It takes a special commitment to service to create relationships for life. Our entire organization, the salespeople, the support staff, the managers and owners must believe that satisfied customers are our main objective. Today, we enjoy the benefits of that commitment. Almost 90% of our new business comes from satisfied customers. We know the Market, our sold sign has become the “Sign of Success” in Windsor, Tecumseh, Lakeshore, LaSalle, Amherstburg and throughout Essex County. Buckingham’s conveniently located office is a one stop shop for our customers. From evaluation of the property or the Buyer’s needs to the closing of the sale, our people are committed to meeting and exceeding the customer’s expectations. The extensive use of innovative technology during the process along with our commitment to building customers for life and satisfying our customer’s needs, create repeat and referred customers that are vital to the success of our business. 90% of buyers are going to the internet first when looking for a home. Traditional marketing is no longer enough. I offer a combination of traditional marketing and electronic marketing to ensure your home sells, in the quickest period of time at the best possible price. EXPOSURE Traditional Marketing + Electronic Marketing = Successful Marketing   For More Information Please Contact Cameron Paine, Broker or Marty Pedersen, Sales Representative at 519-948-8171 or visit one of our websites www.buckinghamrealty.ca www.cameronpaine.com...

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Windsor and Essex County

Windsor-Essex is an exceptional community known for achieving far beyond expectations. People and companies are drawn to the harmony across our region.  A harmony that is fed by technology and innovations that allow us to achieve, assist, and help in building a prosperous future. What’s widely known about Windsor-Essex is this: we are located at the apex of North America’s most integrated transportation network; we are a hub for all major North American markets; we are home to some of the world’s most prominent brands including Caesar’s, Heinz, Chrysler, and Canadian Club; the Windsor-Detroit border is host to over $500 Million of US trade each day, making it one of the richest border crossings in the world; per capita, we are the most culturally diverse region in Canada, a nation that celebrates its diversity; we are globally recognized for our manufacturing and engineering capabilities (and have been for decades); and we were once the gateway to freedom for the Underground Railway. What’s uncommon about Windsor-Essex is the resolve of the people and corporations that choose to reside here.  A resolve to help, to serve others. Here we live by each other’s happiness. There’s a belief out there that says if you think too much, you feel too little, but in Windsor-Essex, these two walk hand in hand. We know that the more we think, innovate, create. The more we feel, give back, and support. Our institutions including our hospitals, university, and college all share a common mandate – to improve the human condition. Our government is business friendly because we know they can blaze new trails – and corporations in Windsor-Essex are trail blazers, of that there is no doubt. Those who aren’t aware of who and what we are may ask “Why Windsor-Essex?”   Those in the know, ask “Why not?” Source: The Windsor Essex County Development Commision    ...

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Tecumseh

Tecumseh Combining the unique features of three historic communities (the former Town of Tecumseh, the former Village of St. Clair Beach, and the former  Township of Sandwich South), Tecumseh offers a near perfect balance of small town qualities with big city amenities and opportunities.  With a population of 24,224 the Town is situated close to an international metropolitan population of five million and enjoys direct access to the NAFTA superhighway.  Small town service and friendliness prevail, enhanced by the warm climate and natural beauty of its southwestern Ontario location. With successful industrial and business sectors, a commitment to sustainable, planned development, and a wealth of cultural and recreational opportunities,  Tecumseh offers a vibrant destination to visit or to call home. Historical Background The Town of Tecumseh has a rich history, going back to 1792 when it was first settled and known as Ryegate, a small settlement of three families.  It was renamed in 1812 to honour the Shawnee tribe leader, Tecumseh, who was killed at the battle in the War of 1812. The creation of Tecumseh Road in 1838, and the establishment of the Great Western Railway opened up the area for settlement, and the town became an important railway depot and stopover for travelers.  County residents also traveled by horse and buggy into Tecumseh, and then transferred onto the train, journeying by rail the rest of the way into Windsor.  At this time several popular hotels were also started in Tecumseh to accommodate travelers: The Bedell Hotel, the Soulliere Inn, the Hebert, and the Hotel Perreault were some of the places most frequented by travelers and locals alike. The French were for the most part the original settlers of Tecumseh, the majority of them descendants of the Frenchmen who had established their seigneural land holdings along the banks of the river in the 1700′s.  To this day, Tecumseh still has a large French population (9.4% of population), third in the Region after the Towns of Lakeshore and LaSalle....

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Windsor Essex Market Watch February 2013

RESIDENTIAL MARKET The number of residential sales in Windsor and Essex County increased 16% in January 2013, compared to January 2012. Despite the increase in sales the average price decreased to $166,417 from $168,764 in January 2012. It should be noted that the average price was more a factor of certain county areas experiencing several less expensive sales than the prior year. When we Look at the Windsor area only, the average home price increased slightly. The January 2013 sales to listings ratio (listings sold expressed as a percent of listings received) was 45% which is up from 38% in 2012. As inventory shrinks and sales remain steady or grow, we are anticipating prices to rise. CONDO MARKET During the one month period ending January 31, 2013 there were 31 condominium sales in the market place. This compares to 28 condo sales in the same period of 2011 As of January 31, 2012 there were 67 condo listings received. This was the same amount of listings received in January 2012. The sales to list ratio (Listings sold expressed as a percent of Listings received) for January 31, 2013 period was 46%. In 2012 it was 42%. The inventory of active condo listings as of January 31, 2013 was 202 units. This compares to 224 units in 2012 and is a decrease of 9.8%. The number of months of inventory represents the number of months it would take to sell current inventories at the current rate of sales activity, and is a further measure of the balance between housing supply and demand. It currently stands at 6.5 months. In 2012 it was 6 months. The average condo selling price was $149,625 in January 2013 an increase of 24.5% from 2012. While we do feel there is upward price pressure on Condos, a 24% increase is more a factor of several more expensive units selling in January, than an indication of the market as a whole. The average listing during the...

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Market Watch January 2013

RESIDENTIAL During the twelve month period ending December 31, 2012 there were 4,933 residential sales in the market place this compares to 4,786 residential sales for the same period in 2011, an increase of 3%. As of December 31, 2012 there were 9,061 residential listings received this compares to 9,364 in the same period for 2011, this is a decrease of 3% in residential listings received. The sales to listings ratio (listings sold expressed as a percent of listings received) for the period was 54% in 2011 it was 51%. The inventory of the active residential listings as of December 31, 2012 was 2,192, this compares to 2,450 in 2011. This is a decrease of 11% in active residential listings. The number of months of inventory represents the number of months it would take to sell current inventories at the current rate of sales activity, and is a further measure of the balance between housing supply and demand. It currently stands at 5.3 months. In December 2011 it was 6.1 months. The average residential selling price was $175,515 for the 12 month period ending December 31, 2012. This is an increase of 3% from 2011. The average listing during the period took 74 days to sell (76 in 2011) and sold for 95% of the list price. In the Market Watch for December 2012, we broke down changes in average residential sale price by area, while the  overall average sale price increase is 3% in Windsor and Essex County, several areas performed better in 2012.   CONDO During the twelve month period ending December 31, 2012 there were 442 condominium sales in the market place.  This compares to 425 condo sales in the same period of 2011, an increase of 4%. As of December 31, 2012 there were 809 condo listings received.  This compares to 878 for the same period of 2011, a decrease of 8%. The sales to list ratio (Listings sold expressed as a percent of Listings...

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Frequently Asked Buyer Questions

Buyers Frequently Asked Questions: As a buyer, you have to make sure to know how the market works before you step in, or you risk missing out on the property of your dreams when you find it. Here are the core questions most buyers have. Feel free to send me one of your own. If I’m interested in a property, how can I determine if the list price is fair? How do I know what price to offer for a property? Do I need to have a home inspection done on every home I’m interested in? What happens to my deposit while I await closing? How do I go about finding open houses? Can I get a lockbox key from you and just visit a house myself? What is your referral policy? Should I buy first or sell first? Can you tell me more about bidding wars? Should I buy new or re-sale When should I make my offer conditional Do you know any mortgage brokers or financing specialists How long should a closing take – how soon before I can move in I saw a great house on MLS.ca but when I drove by, it was already sold If I just want to get in to see some houses, why do I need a Buyer Representative Is a Buyer Representative’s service free to me Do I need a real estate lawyer if the offer documents are pretty standard How much do I have to put down on a property when making an offer What are homes selling for on a certain street Offers are being accepted by fax on a property I’m interested in. What does that mean, and how does that affect my chances of getting my dream home What happens if I buy a house and the sellers don’t deliver on their promises Do I get a better deal if I buy a house being sold by the bank What’s a CVA? What is an SPIS?...

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Market Watch December 2012

Residential Sales: Residential sales in November 2012 increased 13.09% compared to November 2011.  Year to date sales are up 3.93%. The Listing Sale Ratio Year to date was 54% which indicates we are in a balanced market moving towards a Sellers Market.  Listings as a whole are down 3.10% year to date from the previous year.  With low inventories and steady demand we are expecting prices to rise. The Average Sale Price Year to Date was $175,287 compared to $170,105 YTD in 2011. Condominium Sales: The condo market has significantly improved and now has a listing sales ratio of  55% year to date.  Average Sale Price year to date was $127,105 in 2012 compared to $119,485 YTD in November 2011. This month we have broken down Average home price by area from WECAR Statistics.  This breakdown gives you an idea of how each area is performing this year compared to last year....

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Market Watch November 2012

Residential Sales: Residential sales in October 2012 fell 2.67% compared to October 2011.  Year to date sales are up 3.27%. The Listing Sale Ratio Year to date was 54% which indicates we are in a balanced market moving towards a Sellers Market.  Listings as a whole are down 3.33% year to date from the previous year.  With low inventories and steady demand we are expecting prices to rise. The Average Sale Price Year to Date was $175,814 compared to $170,492 YTD in 2011. Condominium Sales: The condo market has significantly improved and now has a listing sales ratio of  55% year to date.  This is causing prices to rise. Average Sale Price year to date was $127,719 in 2012 compared to $120,748 YTD in October 2011. Condos were one of the hardest hit by the recession in 2009. The market has shifted from a strong Buyers market with falling prices, to Seller’s market with rising prices. The 2009 September Listing Sales Ratio was 29%, condominiums have seen the greatest recovery of all property types. Demand in Windsor continues to be fairly steady. Windsor continues to benefit from a strong auto sector.  As a result, unemployment, though still high, is improving.  Infrastructure spending continues to be significant. The Bridge is clearly proceeding, as well the City of Windsor, St. Clair College and the University of Windsor continue to invest in the downtown core. There has been some articles in the Windsor Star lately which indicate the City’s Core is in decline.  WECAR statics show that average home prices in  downtown Windsor are not declining. The City’s downtown core, while not growing at the same rate as some area, is  holding its property values. As downtown properties are primarily 70 to 90 years old, the average home price is lower than newer homes areas in the city. Growth is also limited in the downtown core as for the most part, land is developed.  As with all Cities, certain areas perform better...

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Willistead

[dciframe]http://friendsofwillistead.com/willistead_history.html,700,900,0,auto,border:1px solid blue;align:left;[/dciframe] Willistead Manor was built in 1906 for Edward Chandler Walker, the second son of Hiram Walker, founder of the world-renowned distillery. Willistead is the creation of Albert Kahn, a noted Detroit architect of the day. Kahn built three buildings on the 15-acre estate: the manor house, the coach house and the gatehouse. Designed in the 16th century Tudor-Jacobean style of an English Manor House, the main building was begun in 1904. No expense was spared in the materials or labour used. The exterior of gray limestone, quarried in Amherstburg, was hand cut at the Willistead work site by Scottish stonemasons specifically imported for the...

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City of Windsor Community Improvement Plan

I recently attended a WECAR Commercial Forum and several interesting recent City development incentive programs were described. I have enclosed the presentations for your information.  The two main items were: 1.       The entire City of Windsor is now designated as a Community Improvement Plan, so all properties being developed in the City may benefit from future property tax rebates  if they are being developed for the Target Sectors (industries). 2.       Brownfield Sites have a number of incentives being offered for redevelopment, including environmental assessment, tax rebates, and development charge rebates I beleive the City of Windsor is one of the first City’s in Canada to do a City wide Community Improvement Plan. City of Windsor Community Improvemtne Plan CIP Presention Target Sector: Eligible Use Definitions Compliments of...

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