Fredericton Real Estate

There are several reasons for the performance of the real estate market in Fredericton in 2008.

1 Weather: This may seem like an odd comment but we had the worst winter we have had in years, so the early months, January to March, were very slow and then very early in the summer, the rains began. People like to get out to look at houses in nice sunny weather. Lack of sunshine causes mild depression in many people.

2 Stock Market: The real estate market is much like the stock market, and it reacts to bad economic news and uncertainty. There has been a great deal of bad news out of the U.S this year, things like economic troubles, financial difficulties such as banks that fail and housing foreclosures. Most Canadians know that historically what happens in the states will usually happen in Canada in a couple of years. Continue reading »

Location:16 Tay Falls Road
Price: $79,900
$2,000. cash back if sold by 15 Dec. 2008
Beds: 4
Baths: 2
Features: Attention first time home buyers! Here is the perfect starter home, affordable, large enough for a family, immaculate condition, on 1 1/4 acres in the country. Continue reading »