Ontario Community Newspapers

Stouffville Tribune (Stouffville, ON), October 2, 1985, p. 33

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3rfte- trail shopping j centre- the bridie trail i 0 9 highway no 7 i e v the insurers insurance brokers inc 4461n07hwyv un10nvill insurance for home auto ufe business 4775000 fefe ass vrfyr tthird section 29422006402100 wednesday october 2 1985 mortgage rates attractive real estate sales booming in markham by steve houston staff reporter consumer confidence in a more stable economy has re sulted in making home own ership an attractive invest ment in 1985 according to loc al real estate agents that combined with lower interest rates in 1985 has pro duced a hallmark year in sales for the real estate market in the markham area right now we are in an ex cellent market said family trusts betty webber its been a record breaking year for real estate in general mrs webber and members of other local real estate firms were contacted by the eco nomist sun to find out exact ly how strong the market is and if it will continue to flour ish in 1986 royal lepages darcy war ner agrees that lower interest rates and a more stable eco nomy have contributed to in creased sales but he adds that potential homeowners are more confident that the invest- joyce spensley century 21 armour ment they make will be profit able due to the economy in 1985 weve been steadily selling in this area since january 1 he said there havent been the peaks and valleys as there have been in the past he pointed out that he also thinks agencies are currently in the middle of a buyers and sellers market when there are enough buyers you have more houses he explained when there are too few houses and a lot of buyers it becomes a sel lers market id say were sit ting right in the middle at this point century 21 armours joyce spensley said she thinks that because markham and union- ville are high growth areas the market will continue to flourish into 1986 she also noted that there havent been any peaks or valleys things look like theyll hold for the time being weve seen a little fluctuation but i think were headed for some good times she noted century 21 s sue meadows said sales activity has in creased because all the sig nals are go she said that mortgage rates are down and money is plentiful unlike darcy warners assessment that agencies are in the middle mrs meadows said she thinks the market right now is being controlled by the seller she noted that the seller can basically name a price for a home but people arent fright ened anymore she said were still in a very healthy market the healthiest market since 1981 she added that she thought this year has gone so well be cause of the favorable signals people were getting she thinks people have been re leasing a lot of pent up dem and that had them wondering in past years what woukfhappen with interest rates whatever it is i hope it doesnt switch in the near fu ture she said v family trusts betty webber the answer is easy she thinks that along with the lower rates and growing market people today are wis er in making the investment at a younger age young people today are putting a high value on a house both as a home and as an in vestment she noted to them buying a home is prob ably better than having a gold brick under their bed though she had no crystal ball to predict the future of the real estate market she thinks that with enormous govern ment deficits its going to do what its always done interest rates will even tually go up and along with that so will housing prices sue meadows century21 armour betty webber family trust markham board of trade hosts export luncheon i the markham board of trade will be holding a luncheon to prom- j ote october as canada export trade month s the export luncheon as it is billed will be held at the button- v ville country club monday october 28 and will feature as guestv speaker fred veenema regional officer for trade development v the luncheon will emphasize the objectives of the month whichfc include increasing export awareness within the business commun- ity promoting canadas reputation as an exporter and acknowledge ing and rewarding successful canadian exporters this markham townhbuse has an asking price of 119900 home of the week the living room and dining room are separated by a wall home situated dose to downtown markham an attractive homenestled oh an ex- elusive crescent cjbse to downtown markham has been chosen the home of the week this 5sarah jane c6urt towhhouse in an established neighbor- hbodisx690 sq ftartd features a cen tral vacuum system and an entrance from the garage to the housev v on the second floor a large master bedroom features a private fourpiece ensuiteand his and hers closets two other bedrooms on the second floor fe- ature double clothes closets also- in addition to the ensuite there is another bathroom decorated with ceramic tiling oh the second floor on the main floor a sunken family room takes up most of the back part of the house and features a corner fire- place large sliding glass doors give access to a fenced yard the dining room features an oak railing and it overlooks the family room the living room features a lot of wall space to accommodate furniture and there is atwepiece bathroom just off the entrance hall this home has an asking price of 119900 and is listed by family trust real estate in markham the agent is ruth sharpe who can be contacted at 2941372 the kitchen has a new floor and plenty of cupboard space the master bedroom conies complete with an fourpiclce ensuite fidfag v

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