Zachary Timmerman : REALTOR® : Archived blog posts for : 2024

Will Rate Cuts Heat up the Market?

Posted on September 18, 2024 by Zachary Timmerman

The real estate market in London and St. Thomas saw mixed results in August. Home sales dropped 6%, with 577 homes sold, while the average price fell 4% to $629,500. On the other hand, active listings rose 19% compared to last year. While September typically sees increased activity, current market conditions still offer opportunities for buyers and sellers. With the Bank of Canada lowering its key interest rate to 4.25% and a larger cut expected in October, there’s potential for a market boost as borrowing costs decline.

If you have questions about real estate, let's connect. I keep my finger on the pulse of the market so you don't have to!

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New property listed

Posted on September 12, 2024 by Zachary Timmerman

Posted in 42.08.0020, London Real Estate

I have listed a new property at 1853 Waterwheel PL in London. See details here

Located on a quiet cul-de-sac in north London, this 3 Bedroom/3Bathroom home is the home you've been waiting for! Open concept main floor featuring hardwood flooring in foyer, dining room, and kitchen. Plenty of storage and counter space in the kitchen including island with pot drawers. Living room French Doors open to large private deck with a gazebo and a yard with room for vegetable gardens, playsets, and more! Oversized Master Bedroom (19ftx17ft) features tray ceilings and dual closets. Laundry is conveniently located on the 2nd level. Finished lower level offers a functional recreation room or office space, an additional bathroom, and an abundance of storage. Located within walking distance to the Stoney Creek YMCA, library, schools, parks, and other amenities. Masonville Shopping/Entertainment are only a short drive away. Possession date is flexible. Take one look and start packing!

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Open House. Open House on Sunday, September 15, 2024 2:00 PM - 4:00 PM

Posted on September 12, 2024 by Zachary Timmerman

Posted in 42.08.0020, London Real Estate

Please visit our Open House at 1853 Waterwheel PL in London. See details here

Open House on Sunday, September 15, 2024 2:00 PM - 4:00 PM

Located on a quiet cul-de-sac in north London, this 3 Bedroom/3Bathroom home is the home you've been waiting for! Open concept main floor featuring hardwood flooring in foyer, dining room, and kitchen. Plenty of storage and counter space in the kitchen including island with pot drawers. Living room French Doors open to large private deck with a gazebo and a yard with room for vegetable gardens, playsets, and more! Oversized Master Bedroom (19ftx17ft) features tray ceilings and dual closets. Laundry is conveniently located on the 2nd level. Finished lower level offers a functional recreation room or office space, an additional bathroom, and an abundance of storage. Located within walking distance to the Stoney Creek YMCA, library, schools, parks, and other amenities. Masonville Shopping/Entertainment are only a short drive away. Possession date is flexible. Take one look and start packing!

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