Events Category

Residential Activity

August 19th, 2010 by Terri in Community, Events, Trends

According to CREA:

 

 
Residential sales activity rose strongly on a year-over-year basis in the first quarter of 2010 in the area served by the Nova Scotia Association of REALTORS�. 

Residential property sales were up 22 per cent from year-ago levels to 1,826 units in the first quarter. The jump was a result of year-over-year increases in all three months of the quarter, with particularly large gains in January and March.

 

Detached home sales rose 20 per cent year-over-year to 1,256 units in the first quarter of 2010, the second consecutive increase. Detached home sales activity was up in all areas except the Highland region in the first quarter.

 

The number of active listings declined from year-ago levels in the first quarter, the second consecutive drop in listings. Lower inventories and an increase in demand resulted in a tighter market for detached homes relative to a year earlier. 

 

With a tighter market for detached homes, homebuyers took less time to shop than they had one year earlier.

 

The median sale price for detached homes rose 13 per cent from a year earlier to $212,000 in the first quarter of 2010. This is the second highest median price on record.

 

The median sale price was up the most in the South Shore region, rising 34 per cent to $154,000.

 

Median prices were also up from year-ago levels in the Halifax-Dartmouth ($252,750) and Northern Nova Scotia ($110,000) regions. This was a new record for Halifax-Dartmouth.

 

The median price was down year-over-year to $84,250 in Cape Breton, and declined in the Highland area to $129,950.

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

www.harveyrealties.com

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Canadian Real Estate Association Statistics.

June 14th, 2010 by Terri in Baddeck Real Estate, Cape Breton Real Estate, Community, Events, Trends, buying hints, cape breton
According to CREA:
Residential sales activity rose strongly on a year-over-year basis in the first quarter of 2010 in the area served by the Nova Scotia Association of REALTORS�. 

Residential property sales were up 22 per cent from year-ago levels to 1,826 units in the first quarter. The jump was a result of year-over-year increases in all three months of the quarter, with particularly large gains in January and March.

 

Detached home sales rose 20 per cent year-over-year to 1,256 units in the first quarter of 2010, the second consecutive increase. Detached home sales activity was up in all areas except the Highland region in the first quarter.

 

The number of active listings declined from year-ago levels in the first quarter, the second consecutive drop in listings. Lower inventories and an increase in demand resulted in a tighter market for detached homes relative to a year earlier. 

 

With a tighter market for detached homes, homebuyers took less time to shop than they had one year earlier.

 

The median sale price for detached homes rose 13 per cent from a year earlier to $212,000 in the first quarter of 2010. This is the second highest median price on record.

 

The median sale price was up the most in the South Shore region, rising 34 per cent to $154,000.

 

Median prices were also up from year-ago levels in the Halifax-Dartmouth ($252,750) and Northern Nova Scotia ($110,000) regions. This was a new record for Halifax-Dartmouth.

 

The median price was down year-over-year to $84,250 in Cape Breton, and declined in the Highland area to $129,950

 

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

www.harveyrealties.com

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Fishing on the Margaree River…..

June 4th, 2010 by Terri in Events, House, Listing, Margaree river, Waterfront, angler, cape breton, fly fishing, margaree, margaree valley, salmon fishing, view

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$220,000

Margaree Valley

 

Here it is folks! An angler’s paradise. Located on the Ross salmon pool and steps away from Tingley and Chance pool, this idyllic piece of picturesque Margree River awaits your fishing rod. Steps along the bank allow easy access to the river. Enjoy 350 ft. of meandering riverfront at your doorstep.

 The quaint home has 3 full bedrooms and a bedroom/laundry room. Heated with oil and a wood stove in the partially finished basement for those cozy winter nights. The land is mostly cleared and has a large storage barn. The large eat-in kitchen has loads of cupboards and easy to keep linoleum flooring. Step into the large living room and enjoy the view of the river. Go for a walk and find yourself at Tent and Reid pools.

 You can literally fish from your own back yard. Stay tuned for interior photos. From the Cabot Trail turn in on the East Big Intervale Road. Travel 5 kilometers to the Portree Road, travel .8 kilometers to the Hatchery Road. Drive 4 kilometers and the property is on the right hand side after the second bridge.

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

www.harveyrealties.com

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Interest rates to rise….

May 21st, 2010 by Terri in Baddeck Real Estate, Cape Breton Real Estate, Events, Trends, buying hints, cape breton

From the Canadian Real Estate Association:

Bank of Canada maintains interest rates
As was widely expected, the Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on April 20, 2010. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 0.5 per cent. With the Bank having dropped its commitment to stay on hold until at least the second half of the year conditional on the outlook for inflation, financial markets now expect the Bank to raise rates at its next at its next fixed announcement date on June 1st. The Bank raised its forecast for economic growth this year from 2.9 per cent in the January Monetary Policy Report to 3.7 per cent, attributing the more “front-loaded” profile for growth to “stronger near-term global growth” and “very strong housing activity”.  However, the Bank also cut its forecast for Canadian economic growth, based in part on an expected decline in housing investment “over the remainder of 2010 and well into 2011.” The Bank noted that the economy still faces headwinds from the strength of the Canadian dollar, weak U.S. demand, and “Canada’s relatively poor relative productivity performance”. The Bank moved the goalposts forward as to when it expects the economy to return to full potential, now forecasting the second quarter of 2011. The Bank had previously forecast a return to potential by the third quarter of 2011. This is another signal that rates will have climb sooner in order to fight inflation.

 The Bank said core inflation had been somewhat firmer than projected in January, but noted that this was due to temporary factors. The core rate is expected to ease slightly in the second quarter of 2010 and to remain near 2 per cent throughout the rest of the projection period. Total CPI inflation is expected to be slightly higher than 2 per cent over the coming year, before returning to the target in the second half of 2011.

 In previous announcements, the Bank had noted that it believed the balance of risks to the outlook to be tilted to the downside. At its last announcement, the Bank judged those risks to be balanced. In its Monetary Policy Report released on April 22, 1010, the Bank judged risks to the inflation outlook as remaining elevated but “roughly balanced over the projection horizon.”

 “The April interest rate announcement all but guarantees the Bank will raise rates in June,” said CREA’s Chief Economist Gregory Klump.

 As of April 19th, the advertised five-year conventional mortgage rate stood at 5.85 per cent. This is up 0.4 per cent from one year earlier, and stands 0.46 per cent above where it stood when the Bank made its previous interest rate announcement on March 2, 2010.

 Improving credit market conditions have enabled lenders to reintroduce discounts off posted mortgage interest rates. Discounts of about one percentage point can be negotiated, depending on lender-client relationship.

 Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

www.harveyrealties.com
    

 

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Baddeck in winter…what is there to do?

January 29th, 2010 by Terri in Community, Events, cape breton

Well…you can curl, ski,snowmobile,hike with snowshoes,skate and stroll around the Village. Winter certainly slows down the activity in the Village but it’s not dead. Most of the shops and restaurants are still open and there is always a fundraising dinner or luncheon in a community Hall. Watching  local High School sporting events is always a pleasure.  Minor Hockey keeps Mom and Dad busy throughout the winter in hopes of making it to Provincials in their respective level.

Visit Baddeck any time of year…you won’t be disappointed.

Have a super day!

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

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Celtic Colours, Cape Breton

October 9th, 2009 by Terri in Baddeck Real Estate, Community, Events, cape breton, sydney

It’s here….the much anticipated festival of music starts tonight with the show Island to Island: The Cape Breton-Ireland Musical Bridge at the Port Hawkesbury Civic Centre at 7:30 pm. People from all around the world join the locals in celebration of Celtic music in venues all over the Island.

The festival lasts nine days and exposes Cape Breton and Celtic culture to the rest of the world through music and work shops. The uniqueness of the festival is that it is not limited to a single community but encourages visitors to travel to many communities to enjoy the music while enjoying one breathtaking view after another.

Celtic Colours International Festival has grown by leaps and bounds since 1997 when the first festival was launched in Cape Breton.  Awards include the 2007  Tourism Industry Association of Canada Event of the Year and Attractions Canada Top Cultural Event 2001 plus several more.

Hoping  the 2009 Colours is a raging success as were previous years. Cheers!

Wishing one and all a super day.

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

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Labour Day in Baddeck,Cape Breton.

September 6th, 2009 by Terri in Baddeck Real Estate, Community, Events, Sheltered Cove, bras d'or lakes, cape breton, ocean frontage, view

The Labour Day holiday is a result of labour union movement to celebrate the achievements of workers. Their idea of a fair work day was eight hours of work, eight hours of leisure and eight hours of rest. My focus today will be on what you can do in your leisure time in and around Baddeck. I like to hike to the Uisge Ban Falls then picnic in the park area. There are many more hiking trails not far from Baddeck. North River Falls are more of a challenge as are the Fairy Hole Trail.   If hiking is not your thing then why not try a boat tour?

 The Amoeba is still taking people out to explore the lake and feed the bald eagles as well as a Puffin Boat Tour of the Bird Islands. You can take in a museum or explore the Mini-Mall shops. Regardless of your choice of recreation, Baddeck and area offers some unique scenery  whether you are on land or water. Enjoy your stay and relax on Labour Day, take some photos and I will post them with credit going to you.

Wishing everyone a super day!

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

www.harveyrealties.com

terri@homezilla.com

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Baddeck summers…

July 18th, 2009 by Terri in Baddeck Real Estate, Community, Events, Margaree river, bras d'or lakes, cape breton

     IRON MINES

The latest buzz around the Island is our recent accolades in global travelers magazines. It’s humbling to be recognized above such places as the tropical Island of Bali in one magazine then placing third in Travel and Leisure magazine in Best Islands in the World category.  Cape Breton is so diverse in its scenery and vistas from the coastal cliffs of northern most part of the island to the sweeping hills of the Margaree Valley.

Some suggestions for a weekend visit to Cape Breton should include such activities as kayaking, canoeing, whale watching , hiking, touring and of course golfing. Also, there are boat tours, cycling groups, adventure tours and ceilidhs.

If that’s not enough excitement for you, try shopping, dining, museum exploring, swimming or fishing. Adventure in Cape Breton is limited to your imagination…have fun!

 

Wishing one and all a super day!

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

www.harveyrealties.com

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Summer in Cape Breton.

June 20th, 2009 by Terri in Baddeck Real Estate, Community, Events, cape breton

Tomorrow is the first day of summer, at last! After what seemed like a winter that went on forever we can now enjoy the outdoor beauty of Cape Breton. Speaking of outdoors…or doors themselves, I’ve encountered a couple of oddly ( but pretty) coloured moths hanging around on my door today.

The green one is about 3 inches in length and the pink and yellow one is much smaller. I am on a mission to identify their origin. Anyone have any suggestions?

Baddeck was host to the Silver Dart Centennial Air Show this past Wednesday and what a show it was. The aerobatic F18’s with their ear-splitting sound effects were a highlight for me and my deck guests…all of whom swore they were having a coronary after the jet arrived from behind ,  without  advance notice for the spectators.

 

It’s National Aboriginal Day, a great way to learn more about the Mi’kmaq historic culture and rich history. Did you know the first known inhabited Mi’kmaq site in the Maritimes dates back more than 10,000 years?

Don’t forget to visit the three Canadian war ships that have arrived in Sydney Harbour. Also, the Wagmatcook  weekly gatherings are in full swing for the summer. Check out their weekly shows.

Remember…where you can and when you can, buy local.

Wishing one and all a super day!

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902-295-2364 ph, 902-295-3019 fax

902-295-3472 home

 www.harveyrealties.com

terri@homezilla.com

June 22, 09

Thanks to John Johnson of the Victoria Standard ( our local paper in Baddeck ) for indentifying the Luna Moth and I have found out the pink and yellow moth is a Rosy Maple Moth. Cheers everyone.

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Baddeck Attractions

May 27th, 2009 by Terri in Baddeck Real Estate, Community, Events, bras d'or lakes, cape breton

It’s starting to look like summer around here. Unfamiliar faces line the streets and cafes and  parking lots are littered with foreign plates. There are so many attractions in and around Baddeck for visitors to enjoy. We have the Alexander Graham Bell Museum where you can marvel at his pioneering spirit and enjoy hands-on activities that take you back to the 1900’s.

 You can golf at Bell Bay Golf Club and enjoy a peaceful round on this 18 hole, world class course then dine at Alexander’s restaurant which comes highly recommended. Tours by land or water, take a scenic tour of the Cabot Trail with Bannockburn Tours or enjoy a sail on the Ameoba around the lake. Is culture of interest to you? Check out the Gaelic College with it’s gaelic language classes and ceilidhs( pronounced Kay-lee).

Whatever your interests are, I am sure you will find your visit to be pleasant and filled with happy memories and I hope you are left with a desire to return to our charming Village.

Wishing one and all a super day!

 

Terri Brewer

Catherine E. Harvey realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

www.harveyrealties.com

terri@homezilla.com

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