Jul 4, 2016 | RAHB News |
The REALTORS Association of Hamilton-Burlington extends a warm welcome to its newest members (May 21 to June 22).
Greg Guinto
Ambitious Realty Advisors Inc.
Zhen Ye
Apex Results Realty Inc.
Sandra Newell
Billy Lewis
Coldwell Banker Community Professionals Inc.
Jessica Kinnaird
ComFree Commonsense Network
Erik Miethner
Harbour Properties Realty Inc.
Muazzam Ali Abdul Aziz
Homelife Professionals Realty Inc.
Andre Zalloum
Tabatha Thomson
Linda Savard
Keller Williams Complete Realty Inc.
Nelia Lo Russo
PC275 Realty Inc.
Natalie Cormier
Realty Network: 100 Inc.
Robert Hutson
Sarah Pawlett
Renzo Passaretti
Michael Victorero
RE/MAX Escarpment Realty Inc.
Aleksandra Batko
RE/MAX Real Estate Centre Inc.
Martin Kuev
Rock Star Real Estate Inc.
Kevin Oliveira
Deby Morrison
Royal LePage Burloak Real Estate Services Inc.
Sarah Ligori
Kristine Dinkha
Royal LePage Macro Realty Inc.
Jagmeet Kler
Nyle Brown
Colin Shanahan
Richard Okis
Royal LePage State Realty Inc.
Vanessa Moreno
Heather O’Sullivan
Sutton Group About Town Realty Inc.
Julie Hua
Sutton Group Realty Systems Inc.
Jul 4, 2016 | RAHB News |
Do you have a child or grandchild who is heading off to (or already in) university or college who qualifies for the Karan Barker Scholarship?
This scholarship is awarded to a student who has demonstrated academic excellence, a high level of involvement in school and/or the community, maturity, initiative and/or strength of character.
If that sounds like your offspring, have them apply for a scholarship! The application is in REALTOR Link® under the Member Services tab or here. The deadline for applications is Friday, August 12, 2016.
Jul 4, 2016 | RAHB News |
On Wednesday, June 22, 2016, Hamilton Planning and Economic Development Department Senior Advisor Chris Phillips treated RAHB members to a peek at the full Hamilton West Harbour redevelopment plan.
Chris spoke about the vision for the 20-acres the City owns in the Waterfront area, and the private sector opportunities for developing Piers 7 and 8 in particular. With Chris were Hamilton Ec Dev colleagues Philbert Kim, Ed English and Gavin Norman to help answer members’ questions.
View the presentation slide deck to get an overview of what’s in store for the West Harbour lands.
Jul 4, 2016 | RAHB News |
The RAHB Board of Directors met on May 19, and here’s what transpired:
- The Governance and Bylaw Committee will review the policy for and distribution of Board minutes, and the procedures for dues collection
- The MLS® Committee is investigating and beta testing the Trendli product
- The proceeds from the Charity Golf Tournament will be allocated to the Karan Barker Scholarship Fund
- The Board approved a number of Bylaw revisions which will be referred to the RAHB membership for consideration at the next membership meeting
Jul 4, 2016 | Member Services |
Member Benefits are an important member service that you first learn about when you become a member of RAHB, and they can continue to work for you long into your career. Here’s a refresher of what benefits are available to you:
AD&D: All RAHB members are automatically enrolled in Accidental Death and Dismemberment (AD&D) insurance through ACE INA Insurance. The coverage is for up to $25,000 and continues for RAHB members until 70 years of age. Questions about the insurance should be directed to RAHB Corporate Service Department at 905.529.8101.
Health and Dental Insurance for CREA members: You can chose from a variety of health and dental insurance plans to cover common medical expenses such as prescription drugs, dental care, vision care, hospital benefits, registered specialists and therapists, and more. This benefit is administered by CREA and offered through ManuLife. For more information visit www.manulife.com/CREAhealth or call toll free 1.855.861.3290.
OREA Affinity Programs: OREA uses the combined buying strength of Ontario REALTORS® to arrange savings on a variety of products and services. Take advantage of the special discounts and offers provided by these affinity partners: AEROridge Insurance Brokers Ltd., CBA Health Insurance, MBNA, Rent Check Credit Bureau, Rogers Wireless Communication, and TD Insurance Home and Auto. For complete details, log in to OREA: https://www.orea.com/Members/Affinity-Programs.
Jul 4, 2016 | MLS®, Stats & Technology |
There continues to be a compatibility issue between the new Microsft Edge browser and WEBForms®.
If you are using Windows 10, you need to use Internet Explorer 11, Google Chrome or Mozilla Firefox to access and print your forms from WEBForms®.
Jul 4, 2016 | RAHB News |
The end of June marks the half-way point in the year, and it’s a good time to take stock of what’s transpired already this year, and what we are looking forward to in the second half of the year.
I don’t need to tell you that the hot real estate market has continued from last year into this year. You’ve all been very busy out there! As I write this just days before the end of June, our stats are showing that new listings are down almost 15 per cent from last year, so there are fewer properties that buyers have available to them. Sales are also down, but by just 2.5 per cent from last year. I know that sounds like the market is reversing a little, until you consider that in the first half of last year, we had three all-time record-breaking months in a row.
There’s been much made in the press and in conversations about the increase in median and average prices – they are up 12.4 per cent and 11 per cent respectively over last year for the first half of the year. Those are significant increases, and there are certainly questions about affordability in the Hamilton area especially – it’s historically been a city that’s been considered “affordable”.
As I said at the recent Bay Area Economic Summit, there’s nothing on the horizon to suggest that things are going to change in the near future. However, the Hamilton and Burlington areas – and I should include our outlying areas as well – have such a wide range of housing options that there should continue to be affordable choices for home buyers.
In looking back over the first six months of this year, there are some highlights that stand out.
On March 23, 2016, REALTOR® CONNECTIONS AGM, Conference and Trade Show attracted 499 members for a day of education, networking, and learning more about RAHB and how we serve you, our members. It was my first REALTOR® CONNECTIONS and it was a great opportunity for me to meet and speak with so many of you there. Planning is already underway for next year’s REALTOR® CONNECTIONS – watch for changes!
RAHB’s annual Charity Golf Tournament was held on June 23 at Copetown Woods Golf Club. This event raises funds for the Karan Barker Scholarship Fund and it was a pleasure to golf on such a beautiful course, meet more of our members and support a great cause.
The Karan Barker Scholarship is one of our many member services and I’d like to remind you that the deadline for applications for this year’s scholarship is Friday, August 12, 2016. If you have a daughter, son, granddaughter or grandson who is or will be attending university or college in the fall, please look for the scholarship application on REALTOR Link®, under the Member Services tab – we would be honoured to assist with furthering the education of young people in our RAHB family.
I hope you have a great start to the summer and in my next column, I will talk more about what we are looking forward to in the next six months.
Regards,
George
Jul 4, 2016 | MLS®, Stats & Technology |
CREA has created a Data Distribution Facility (DDF®) to enable CREA’s members to easily disseminate MLS ® listing content to multiple websites, and to ensure that MLS® listing content that is displayed on these websites is accurate, up to date, and uses CREA’s trademarks correctly.
A field has been added to RAHB’s Fusion Listing Input screens for all property types, called Display DDF. This is a required field and valid answers are Yes or No. Selecting Yes will add the listing to CREA’s Data Distribution Facility; selecting No will leave it out of the DDF. When you are editing listings, you will be required to also complete the field.
* Important – please note that if your brokerage has not opted into the DDF via http://tools.realtorlink.ca, your listing will NOT be included in the DDF. If you checked “Yes” and your brokerage is participating in the DDF, your listing will be included. If you checked “No” and your brokerage is participating in the DDF, your listing will NOT be included. If you are unsure of your Brokerage’s DDF status, please check with your Broker of Record or Manager.
For more information regarding CREA’s DDF, go to the Newsroom section of CREA’s web site and choose Data Distribution Facility Documentation.
Jun 10, 2016 | MLS®, Stats & Technology |
Jun 10, 2016 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington, 30 – 36, 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Jun 9, 2016 | MLS®, Stats & Technology |
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,844 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in May. Sales were two per cent higher than the same month last year and set a new record for the month of May.
There were 2,265 properties listed in May, a decrease of 13.4 per cent compared to May of last year, and 4.1 per cent lower than the 10-year average.
“Record sales for the month combined with relatively few new listings has left us with only a little over a month’s worth of residential inventory,” said RAHB CEO George O’Neill. “This seller’s market shows no signs of slowing down.”
Seasonally adjusted* sales of residential properties were 8.5 per cent lower than the same month last year, with the average sale price up 10.1 per cent for the month. Seasonally adjusted numbers of new listings were 17.9 per cent lower than May of 2015.
Seasonally adjusted data for residential properties for the month of May, 2016:
Actual overall residential sales of 1,777 units were 1.5 per cent higher than the same month last year. Residential freehold sales were 2.1 per cent higher than May of 2015 while sales in the condominium market decreased by almost one per cent.
The median price of freehold properties increased by 12.1 per cent over the same month last year while the median price for condominium properties increased by 13.6 per cent compared to the same period.
The average price of freehold properties showed an increase of 11.1 per cent compared to May of last year; the average sale price in the condominium market increased by 11.5 per cent when compared to the same period.
Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Contact a REALTOR® for information about your area or property.
The average days on market decreased from 32 to 22 days in the freehold market and from 31 to 25 days in the condominium market, compared to May of
last year.
“Using a REALTOR® for a home sale or purchase is always a good idea but it’s especially important in a market this hot,” noted RAHB President Kim Alvarez. “A REALTOR® has the expertise and skills to help sellers and buyers get the best outcome on such a huge investment.”
Every community in RAHB’s market area has its own localized residential market. Please refer to the accompanying chart, and contact a REALTOR® for more information.
*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,900 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.REALTOR.ca. More information about RAHB is available at www.rahb.ca.
Jun 9, 2016 | Member Services |
Computer
Held at RAHB – 505 York Blvd. – Lower Level
C – Chambers Room M – McCullough Room
- New Member Computer Training Level 1
Thursday, June 2: C, 9 a.m. – 11:30 a.m.
Thursday, June 9: C, 1 p.m. – 3: 30 p.m..
Thursday, June 16: C, 9 a.m. – 11:30 a.m.
Wednesday, June 22: C, 9 a.m. – 11: 30 a.m.
- Matrix Hands-on Training
Tuesday, June 7: M – 9:30 a.m. – 11:30 a.m.
Professional Development *New
- Protect Yourself! Self-Defense for the
Real Estate Professional*
Friday, June 10: M, 9:30 a.m. – 10:30 a.m.
- Social Media for Agents*
Monday, June 13: M, 9 a.m. – Noon
- ERIS – Separate Yourself from the
Competition with an Environmental Report*
Wednesday, June 15: M, 10 a.m. – 11:30 a.m.
- Secrets of ALL Types of Investments
(You don’t have to be rich to retire early)*
Monday, June 20: M, 10 a.m. – Noon
- Master LinkedIn Bootcamp
Wednesday, July 27: M, 9 a.m. – Noon
- Master Facebook Bootcamp
Wednesday, July 27: M, 1 p.m. – 4 p.m.
- Staging Sells
Wednesday, August 24: M – 10 a.m. – Noon
Certification and Designation Courses
- Principles of Property Management
Tuesday to Thursday, July 5 to 7: M,
8:30 a.m. – 4:30 p.m.
- e-PRO® Day 1*
Thursday, August 18: M, 8:30 a.m. – 4:30 p.m.
(Note: Day 2 is completed online)
Board of Directors, Committee and
Task Force Meetings
Held at RAHB – 505 York Blvd. – First Floor
T – Thompson Room P – Purnell Room
- MLS® Committee
Thursday, June 9: T – 9:30 a.m.
- Government Relations
Tuesday, June 28: T – 9:30 a.m.
- Charity Auction
Wednesday, June 29: T – 1 p.m.
Upcoming Events
- Annual Charity Golf Tournament
Thursday, June 23, 2016
Copetown Woods Golf Club
1430 Concession 2 West., Copetown
Registration: 11 a.m.
Office Closure
The RAHB office will be closed
Friday, July 1 – Canada Day
