'experience counts...25 years'


  • 100% Club 1996-2002
  • 2006-2011
  • 200% Club 2003-2005
  • RE/MAX Hall Of Fame 2007 (Inducted)
  • Ranked Top Five in Customer Satisfaction Survey

       * from OREA/GDAR Previous Broker                Statistics All Transactions  MLS/Exclusive/ Sale By Owner


experience counts...WORLDWIDE

When Davis and Mandy traveled to Sydney, November of '14, it was a life-changing event. They immediately fell in love with Australia and had no choice but to move their family and relocate. Noel can take some of the credit for the decision but the assistance and the experience of working with the top raterd real estate firm worldwide certainly made the transition seamless for them.


noel myers    Sales Representative




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                                      Noel Myers        direct line: 519-993-5864  

                                         email: noel@noelmyers.com  

one story

  GUELPH HOUSING MARKET HOT.....Prices going up!

  About five per cent of houses recently sold in Guelph sold for more than the asking price. That is not out of control, a real estate insider said, but it can be frustrating for buyers who long      to live in a single detached home in one of the city's more desirable neighbourhoods.What may be more telling about how hot the local market has become, is that all houses that          

  recently achieved an average of 98.5 per cent of the list price. That is very good, said Kim McKenzie, the president of the Guelph and District Association of Realtors.She said if homes         are priced well and they show well, they will sell. People may be under the impression that it is easy to sell a home in Guelph, but the price still has to be right.The average time on the

  market for homes is 31 days, which is also very good. But not all sellers are lucky enough to sell in that short period of time. Some homes are sitting unsold."My advice is always to  

  contact your local Realtor, get a fair market value for your home, list on MLS, and then properly expose it," she advised. "If you do those things you will get the activity, and you will get a  

  good price  on you home. Anthony Passarelli, CMHC market analyst said the city currently has one of the strongest housing markets in Ontario for price appreciation for resale 

  homes.The   harsh winter   weather kept market activity under wraps for the first two months of the year, leading to more pent up demand, he said. That demand is now starting to actively

  jump into the     market. A small drop in the already low five-year posted interest rate has also encouraged more home buying activity in Guelph.But perhaps the most significant market

  factor in the city is     the demographics. There are a higher number of households moving into the 45-64 age group and that group has the highest propensity for home

  ownership."Some of them were renting but now they want to own and we are seeing more of that shift," he said. "That alone will bring more home ownership demand into th area .

 "Guelph grows by about 1,200 people every year, which is also driving demand for homes, and driving up housing prices.There are fewer single detached homes being built in the city,

  with apartments making up more of the new home construction compared to historical levels. Buyers looking for a single detached home are turning to the resale market more."So what

  that's doing is increasing the competition for those resale homes," he said.All of these factors push home prices in Guelph higher than in neighbouring cities like Cambridge and

  Kitchener. The average house price in Kitchener is  $294,465, nd in Cambridge it is $372,587, whereas in Guelph the average price is $385,591.Migration to Guelph is primarily from 

  other parts of the province. The age of households in Waterloo Region is also younger than Guelph."Currently Guelph is a seller's market and Kitchener is a balanced market," said

  Passarelli. "Both have price appreciation. The balanced market still  gives you some price appreciation, but the seller's market gives you the stronger one."

                                            Realty Executives Edge Inc., Brokerage
                               340 Woodlawn Rd W, Suite 25, Guelph ,ON, N1H 7K6
                                            Toll Free: 877-549-6816; Fax: 519-822-7887

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