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Cost Range, Minutes Cost$ 0$ 25,000$ 50,000$ 75,000$ 100,000$ 125,000$ 150,000$ 175,000$ 200,000$ 225,000$ 250,000$ 275,000$ 300,000$ 325,000$ 350,000$ 375,000$ 400,000$ 425,000$ 450,000$ 475,000$ 500,000$ 600,000$ 700,000$ 800,000$ 900,000$ 1,000,000$ 2,000,000$ 3,000,000$ 4,000,000$ 5,000,000$ 5,000,000+ Max Rate$ 0$ 25,000$ 50,000$ 75,000$ 100,000$ 125,000$ 150,000$ 175,000$ 200,000$ 225,000$ 250,000$ 275,000$ 300,000$ 325,000$ 350,000$ 375,000$ 400,000$ 425,000$ 450,000$ 475,000$ 500,000$ 600,000$ 700,000$ 800,000$ 900,000$ 1,000,000$ 2,000,000$ 3,000,000$ 4,000,000$ 5,000,000$ 5,000,000+ Cost Range, Min Rate$ 0$ 100$ 200$ 300$ 400$ 500$ 600$ 700$ 800$ 900$ 1,000$ 1,100$ 1,200$ 1,300$ 1,400$ 1,500$ 1,600$ 1,700$ 1,800$ 1,900$ 2,000$ 2,100$ 2,200$ 2,300$ 2,400$ 2,500$ 2,600$ 2,700$ 2,800$ 2,900$ 3,000$ 3,100$ 3,200$ 3,300$ 3,400$ 3,500$ 3,600$ 3,700$ 3,800$ 3,900$ 4,000$ 4,100$ 4,200$ 4,300$ 4,400$ 4,500$ 4,600$ 4,700$ 4,800$ 4,900$ 5,000$ 5,000+ Max Price$ 0$ 100$ 200$ 300$ 400$ 500$ 600$ 700$ 800$ 900$ 1,000$ 1,100$ 1,200$ 1,300$ 1,400$ 1,500$ 1,600$ 1,700$ 1,800$ 1,900$ 2,000$ 2,100$ 2,200$ 2,300$ 2,400$ 2,500$ 2,600$ 2,700$ 2,800$ 2,900$ 3,000$ 3,100$ 3,200$ 3,300$ 3,400$ 3,500$ 3,600$ 3,700$ 3,800$ 3,900$ 4,000$ 4,100$ 4,200$ 4,300$ 4,400$ 4,500$ 4,600$ 4,700$ 4,800$ 4,900$ 5,000$ 5,000+.

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Price 50,000 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,250,000 1,500,000 2,000,000 5,000,000 - 50,000 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,250,000 1,500,000 2,000,000 5,000,000.

Post material An increase in homes listed for sale locally in January was great news, states the Sarnia-Lambton Real Estate Board. Article content President Donna Mathewson stated the 174 listings last month was up 6. 75 per cent over 163 listings locally in January 2019. "It would good to see if it becomes a pattern since that would indicate we're entering into a more balanced market," she stated.

" The obstacles right now are just inadequate inventory out there for buyers," she said. "Buyers want to have more options and have more time to make choices." Today's seller's market indicates purchasers often need to make quick choices, "since there are a number of purchasers taking a look at the same home," Mathewson stated.

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" Those $400,000 to $500,000 ones are going to be some of your new house building, so undoubtedly that was doing OK," Mathewson stated. Sarnia City Hall's monthly building statistics note 4 single-family home building licenses were provided in January. Research It Here of 58 single-family home building licenses were provided in the city in 2019.

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1 million in January. That's up nine per cent from January 2019, which is inline with increases at the start of the last couple of years, Mathewson stated. Article material The typical local list price was $347,450 in January, up 15. 5 percent from a year earlier. Mathewson said a lot of economists are stating they expect low interest rates to stay in 2020.

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" We're dealing with an entire new ballgame, now," she said. "I don't know what our brand-new normal will look like when we begin to reverse and become a well balanced market. It's completely various than what it was even 5 years ago.".