Lee Quaile Broker of Record Waterloo Region’s continued growth and resilience in the face of all obstacles has been a common thread across much of the material I’ve published over the past year and a half. Real estate is, of course, the lens through which we’ve monitored the developments of an unpredictable and tumultuous time, but it must be said that a strong housing market is an...
Lee Quaile Broker of Record Each spring, my brokerage (Chestnut Park West) works to compile a buyer-friendly guide to the newest condominium developments that are taking shape around our region. While last year’s guide unfortunately was not able to come together due to the uncertainty brought about by the pandemic and the resultant difficulties in contacting developers and sales centers, I’m...
Lee Quaile Broker of Record Plenty can change over the course of a year – something we know all too well looking back from where we stand here in May of 2021. While entire aspects of our daily lives have been upended, with the increasingly rapid pace of vaccine rollouts we’re now able to see a return to normality a little more clearly on the horizon. But on the real estate front,...
Here’s the Latest Lee QuaileBroker of Record A few weeks ago, I posted a short article which outlined word of proposed changes to Canada’s mortgage stress-test. In short, our financial sector is beginning to take steps towards shoring up our market against potential hikes in interest rates over the medium term. This is particularly crucial now, as we’re in the midst of a very hot...
Lee Quaile Broker of Record It’s official – the tiny homes movement will soon be coming to a neighbourhood near you. Just this week, Kitchener City Council unanimously approved a motion to allow additional dwelling units to be constructed on qualifying existing lots all across the city. This amendment is expected to affect the status of as many as 57,000 properties in Kitchener, with...
Lee Quaile Broker of Record On Behalf of Dallmitch Holdings, Chestnut Park West is Pleased to Present Newry Station! Today, I’d like to feature a new residential development project that I’m very excited to be a part of! Located along Highway 23 in the peaceful town of Atwood; only ten minutes south of Listowel, 35 minutes north of Stratford, and just under 45 minutes west of Waterloo...
Lee Quaile Broker of Record A couple of weeks back I pushed out a post on how the student housing market here in Waterloo has been faring in the midst of an unprecedented past 12 months. The full article is available for review here, but the Coles Notes version is that we’ve been performing much better than was expected initially. Even in the worst of the pandemic, more university...
Lee QuaileBroker of Record Inflation and real estate aren’t two things we often see mentioned in the same sentence. Our notice of the effects of inflation is usually limited to everyday purchases – food, clothing, gas or other household items. After all, it makes sense you’d take note when your weekend grocery run ends up costing you significantly more over time, since it’s...
Lee Quaile Broker of Record Sometimes extraordinary things can start to feel routine if they happen often enough – a phenomenon many of us in the real estate business might be beginning to experience for ourselves. Ever since the pandemic bit down on us last spring, housing prices have soared in defiance of all initial expectations here in Waterloo-Wellington. The latest report released by KWAR...
Lee Quaile Broker of Record Over the past several weeks, I’ve outlined the case for optimism regarding the student housing market in Waterloo on a couple of occasions, most thoroughly here. What seemed to be a particularly vulnerable sector amid the initial uncertainty of last year has since demonstrated an impressive knack for resiliency, with vacancy rates staying low and property...