Thursday, October 8, 2009

Market Watch Mississauga Real Estate

Now that we have put away our shorts and tee shirts, pulled out our sweaters (and some mornings mittens), we can all settle into the routines that we put aside during the summer months.

Most people were anticipating the inventory numbers to start increasing over September as potential sellers get back from summer vacation and decide to list. It hasn’t happened, yet. With listings down 42%, buyers are competing for less product, which leads to "bidding wars".

Homes that are priced well are not lasting on the FOR SALE list. Especially in Lorne Park and Mississauga Homes for sale. If you don't jump quickly, you lose because there are more and more multiple offer situations. Buyers are starved for product.

Much of the activity has to do with low interest rates. Consumer confidence is up. That's all you need in a recovering economy.

For a complete report, visit Market Watch on my web site, sign up and one will be sent to you automatically. Want to talk about it? Contact Betty at 416 427 1875 or through email at

My web site is a sought after resource for the weekly postings of available Lorne Park properties. By accessing Betty's Pic of the Week and signing up for the instantly downloadable report, you can receive up to date information of some of the homes that are available in this elegant community.

If you know someone who is thinking of selling or buying a home now or in the future, feel free to pass along my name and number as all referrals are greatly appreciated.
Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
OFFICE: 905.828.3434
CELL: 416.427.1875

Saturday, October 3, 2009

Natural Gas Plant Oakville

After months of protesting the location of a 900-megawatt natural gas plant, members of the Oakville community found out on September 30th that the Oakville site has been approved for construction. The Oakville site, located at the corner of Ford Dr. and the QEW, was one of four other sites being considered for the location. The other three sites, which were to be in the Clarkson area in Mississauga, were turned down after the combined efforts of protesting residents, politicians and health officials.

So, Oakville residents do not want a power plant built in their neighbourhood? As William Mellor, from Durham, had stated in a letter written to the editor of the Toronto Star; "If Oakville doesn’t want a power generating plant and the jobs it will provide, reduce the power consumption to the point where the plant becomes unnecessary."

Construction of the plant is to start in mid-2010, and will create 600 new construction jobs and 25 permanent jobs over a period of two years. Power officials claim that the plant will only run at about 40 percent of the time, and has a basic goal of providing electricity when demand is high. This plant has been approved just as the Ontario government has begun shutting down all coal-fired plants in the province.

Mississauga residents in the Clarkson community can now relax that the power plant is not being built in their backyard and that property prices will not be affected. Now would be the perfect time for all Oakville residents who are against the building of the power plant to look at properties Mississauga. We will welcome all of you with open arms. If you have an opinion about the plant, just make a comment to this blog.

Are you an Owner? If you own property in the Mississauga, Oakville, or Burlington Communities, and you would like to sell your residence, contact Betty Bartusevicius at 905 828 3434 or directly at 416 427 1875 and get a free market analysis.

Are you a Buyer and are interested in purchasing a home in the 905 area code? Contact Betty to receive FOR SALE/SOLD data of neighbourhoods to enable you to make an informed decision and do some comparable shopping.

If you know of friends, family, or colleagues who are thinking about making a real estate move, feel free to pass along my contact information. Know that their real estate needs will be well attended to with kindness and professionalism. Your referrals will be greatly appreciated.