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The Canadian Statesman, Bowmanville, Wednesday, July 14,1993 15 Real Estate Deadlines and Policies Deadline for Wednesday Publication is Monday at 12:00 Noon. Any compensation for errors or omissions by The Canadian Statesman will be limited to the value of the space occupied by the error in the advertisement ^ Please phone 623-3303 and ask for the Real Estate Sales Department ) Lower Consumer Confidence and A Look at Nature from a New Perspective Unemployment Slows House Starts While a housing recovery is underway underway in many Canadian centres, slow employment growth and weak consumer confidence are combining to slow down the pace, according to a forecast of metropolitan areas published published today in Canadian Housing Markets by Canada Mortgage and Housing Corporation. CMHC's latest metropolitan forecast forecast projects- that sales of existing homes will slip three percent this year, after a strong 1992. "This is primarily primarily due to a shrinking pool of the first-time buyers who pushed 1992 resales up 11 percent from 1991," said Greg Goy, Manager, Local Market Market Analysis at CMHC. "Starts are forecast to increase in 16 of 27 metropolitan areas, although the total for all centres combined, is expected to be about the same as 1992," Goy added. Attractive mortgage rates, which are forecast to hover around a 25- year low, and an ample supply of home ownership and rental housing will keep price increases low in most markets. This will keep housing affordable affordable and give potential buyers a wide selection of homes to choose from. House prices in Vancouver and Victoria are forecast to hit record high levels in 1993 and remain the least affordable in Canada. High vacancy rates arc forecast to continue in 1993. As a result, while renters in most centers will continue to enjoy abundant choice, the prolonged prolonged period of high vacancy rates will continue to discourage new rental rental construction. Rental markets in 15 centres will have a vacancy rate of five percent or more in October 1993, up from 11 centres a year earlier. Overall, 22 of 27 rental markets are forecast to have rates of three percent or more. This edition of Canadian Housing Markets also features an article on how accessory apartments* arc gaining gaining popularity across Canada. Mr. More Than 400 Homes Change Hands in June The Oshawa and District Real Estate Estate Board (ODREB) reports that 415 homes changed owners during the month of June. "This is only one half percent up from May's home sales of 413, but the market is still steady," said ODREB President- Christine Kendall. The average price for the month of June was $141,876, still down about two percent from June of 1992. Comparing the statistics from last year, June, 1992 was the second highest month of sales for all of 1992 with 503 homes changing hands. Comparing June, 1992 house sales to those in June, 1993, 1993's figures arc behind by 17.5%. With over 2,500 active listings on the Board's Multiple Listing Service® Service® for June, the 413 sales occurred occurred within an average of 63 days on the market. "Overall, between listings and sales for both residential and ICI (industrial, (industrial, commercial and investment), we arc about 20% below last year's sales," says Kendall. "The 1 spring market is over, and now we arc into summer, but our sales have continued to be steady. Usually, there may be a drop in sales over the summer months, but our statistics reveal that there will probably be some continuation continuation of the sales that we have experienced experienced so far this year. "This is a positive sign for our Realtor Realtor members, it is good for our homebuyers, the selection of homes is great, the prices arc down, and wc arc seeing record low mortgage rales," adds Kendall. The Oshawa and District Real Estate Estate Board is a professional trade association association which represents about 1,000 Realtors in the Durham Region. Region. REALTOR is a registered certification certification mark which identifies real estate estate professionals in Canada who arc members of The Canadian Real Estate Estate Association, their provincial real estate association, and their local real estate board, and, as such, subscribe to a high standard of professional service service and to a strict Code of Ethics and Standards of Business Practice. Add Peat Moss to Help Compost Pile If you're starling your garden ami find that fall leaves mid winter scraps have yielded just a few buckets full ol compost tills spring, extend your supply supply and Improve the quality of your garden's soil by adding Canadian Sphagnum peat moss, a plentiful, sustainable sustainable natural resource. Not only will peat moss Improve the structure and moisture retention ol your soil, it also will boost its ability to retain nutrients when compost is added to the soil, Amending the soil with pent moss and compost Is easy: just layer an Inch each of compost nnu peat moss on top 01 your garden beds, mixing them together Into uw top 6 to 8 Inches of soil. Por a free brochure on "Ilie Secret of Great Gardening: The Soil," send a self-addressed, business-size envelope with 52 cents postage to: Canadian Sphagnum Peat Moss Association News Bureau. K-IIH) Nmmtiiulnlc Lake Blvd., MOD, Bloomington, MN 55437. Goy indicated, "a consensus seems to be emerging that accessory apartments apartments are one of the most cost- effective ways to produce affordable rental housing and at the same time improve access to home ownership for modest income households. With this form of housing, both these goals appear obtainable without direct government government subsidy." The findings of a recent CMHC research study in St. John's, Newfoundland Newfoundland confirm that both homeowners homeowners and renters can benefit from this form of housing. For modest income income households, the rental income received from an apartment can be instrumental in bridging the affordability affordability gap to homcowncrship, For renters, accessory apartments are popular because renters are able to access a high quality rental-unit with lower, more affordable rents. * Definition of Accessory Apartments Accessory apartments have been called illegal suites for years and were usually disallowed by municipal municipal by-laws. They are self-contained living spaces in primarily singlefamily singlefamily dwellings and usually share a yard, a parking space and an entrance, entrance, Across the country, they are also called subsidiary apartments, secondary suites, apartments in houses, houses, in-law suites or simply basement apartments. Estimates of how many single family dwellings contain an accessory accessory apartment range from almost six percent in St. John's to between 10 and 20 percent in urban regions of Toronto and Vancouver. The Ontario Ministry of Housing estimates there arc about 100,000 illegal apartments in houses across the province. Dutch artist Gerd Verschoor has captured captured the imagination of the artistic community throughout the world. In his book, Beyond Flowers (Stewart, Tabori & Chang), Gerd Verschoor's extraordinary compositions are at once beautiful and provocative, humorous and challenging. One hundred and thirty thirty lush five-color photographs illustrate still-lifes that encourage viewers to look at nature from new arid inspiring . perspectives. Beyond Flowers explores the art of collecting and arranging natural objects . of every season -- from the prolific blooms of spring to the stark brush of winter. Composing with nature and creating art with natural materials, Verschoor goes far beyond simple flower arrange ments -- his remarkable creations ask viewers to notice the unnoticed, perceive the unperceived, and see the luxury of simplicity that informs the ordinary and the commonplace. He shows how feelings of an unforgettable unforgettable day at the beach can be recreated recreated with shells and driftwood, and pleasing forms of artichokes or eggplants eggplants can be arranged in unique, whimsical centerpieces. Gerd Verschoor dares readers to abandon rules and conventions, thereby encouraging encouraging creativity to flourish in distinctly personal ways. In his introduction,- Gerd Verschoor describes his first flower shop, housed in a tiny cellar -- painting it inside and out every two weeks with a different color-- and selling flowers only in the new hue. He writes about the evolution of his art: going beyond flowers-as- bouquets to flowersras-art, adding found objects -- joining his materials by shape, connecting them by color, and marrying them by texture. He .describes looking beyond the flowers to the essence of their being, turning discarded discarded and forgotten materials such as paper, plastic, metal and bricks into something beautiful. Beyond Flowers is a stunning marriage marriage of medium and message, reflecting reflecting the author's philosophy of making the ordinary extraordinary. Bound in kraft paper, the book features a transparent transparent matte-acetate jacket, special backgrounds backgrounds reproduced from fine handmade handmade papers, and five-color printing. GT934626 FAMILY TRUST I CORPORATION REALTOR / Aline Gagnon* OPEN HOUSE - SUNDAY, JULY 18,2-4 p.m. Dir: Liberty North to Third St. and follow Signs. Superb 3 bedroom brick and vinyl 2 storey. 2 baths, skylight, central air, walkout to privacy deck, 200 foot lot, separate garage and much more. REDUCED TO $141,900. For more info or to view please call Aline Gagnon* 623-6622 or 983-9102, ■ Rose Sailer* - PARKLAND SETTING! .. -tv Immaculate 3 bedroom raised bungalow backing onto parkland. parkland. Mature trees and picturesque landscaping enhance this 100' x 150' lot. Home has an eat-in kitchen, spacious bright rec room, 2 baths, and is heated by gas! Only 20 minutes NE of Oshawa. $149,900. Rose Sailer* 623-6622 or Res. 705-277-3053. Pose Sailer* STORYBOOK LOOK WITH CHARACTER! AN ORONO BEAUTY This charming 1 1/2 storey home has much to offer. Full front porch for warm evenings, a back deck for BBQ's, eat-in oak kitchen, family room with a wall-to-wall oak bookcase, French doors, 3 bedrooms, 2 baths and professionally landscaped. All this and more for $129,900. Rose Sailer* 623-6622 or Res. 705-277-3053. AGENT OF THE WEEK Frank Hiemstra* Sales Rep. - Suzanne Tollett*, Branch Manager is pleased to announce that this week's "Agent of the Week" recognition goes to Frank Hiemstra*. If you are thinking of buying or selling a home, give Frank a call on 623-6622. RICE LAKE ISLAND LOT Barry James* .Beautifutialand cottage lot on Wrack Island. 130 feet of water frontage, hydro with meter in place, joint ownership of lot on mainland included. Vendor would consider selling adjoining lot. 1 Only $41,900. Barry James* 623-6622 or Tor. 213-7235. Bob Craig* SPARKLING POOL - HUGE FENCED LOT 3 + 2 custom raised bungalow in quiet village setting. Separate dining room, oak cupboards in eat-in kitchen, fenced lot with mature trees. Asking only $139,000. Bob Craig* 623-6622. fi Frank Hiemstra OPEN HOUSE, SAT. and SUN., JULY 17 -18, 2 to 4 p.m. BACK YARD VIEW OF LAKE ONTARIO Quiet Lakeshore Rd., Newtonville. Big lot 75 x 200', 3 bedrooms, backsplit, separate dining room, inground pool 16 x 32'. Airtight in bright rec room, very low taxes and heating cost. $139,900. Try your offer!!! Directions: Newtonville Rd. S„ to Lakeshore Rd. and east approx. 2 miles. Call Frank Hiemstra*, 623-6622. Carole Milne OPEN HOUSE - SAT. and SUN., JULY 17-18, 2-4 p.m 5 SECOND ST., BOWMANVILLE $119,900. Come out and view this detached bungalow with refinished hardwood flooring and 4 large appliances to stay. Perfect starter at a perfect price. Carole Milne*, Family Trust Corp. 623-6622 or 623-1566. Betty Smith* 3 PLUS 1 BEDROOM ALL BRICK SEMI, CHAPEL ST.-$108,900.! Vendors are very motivated to sell! Try an offer on this spacious spacious semi with a very private back yard, nice mature trees, within walking distance to town, 1 1/2 baths and finished basement. Great starter! Call Betty Smith* 623-6622 234 King Street East, Bowmanville Telephone 623-3393 Toronto Line 686-1035 } FRANK f REALTOR ni au on W FRANK REAL ESTATE LIMITED Over 30 Years Quality Real Estate Service FIRST TIME OFFERED - $139,000. Move-in condition - Victoria Woods home. Large eat-in kitchen, living room with fireplace, gas furnace, central air and much more. Arisen Handley*, 623-3393 or 797-2306. PEACEFUL SMALL TOWN Stunning sotting on doad-ond street lor this 3 bedroom homo with don, dining room, roc room, super dock overlooking small stream, economical hot walor homing! You will lovo the peace and privacy. Just listed at $171,900. Mlllbrook. Iris Fowler*, 623-3393 or (705) 932-2621. $139,900, COUNTRY BUNGALOW 100 x 200' lot, one owner, 3 bedrooms, hardwood floors, single car garage, This Is a groat buy. Clarke Township. Charlie Reid*, 623-3393 or 983-5914, ÜV WANTED: ONE HAPPY FAMILY Walkout to your large fenced yard from a beautiful finished lower level rec room. For $129,900. may I tell you more? Doreen A. Tlllson*, 623-3393 or 432-4804. ' WORTH THE DRIVE Gingerbread trim adds to tho charm of this 5 bedroom homo. Formal living and dining rooms, plus main floor family room. Lot Is 118x156'. $149,900. Mlllbrook. Iris Fowler*, 623-3393 or (705)932-2621. NEWCASTLE BEAUTY Priced to sell, 3 bedrooms, 3 baths, double car garage, main lloor family room, Spotlooo. $149,900, Charlie Reid', 623*3393 or 983*5914. HSU GET THE MOST FOR YOUR MONEY 4 pc. bath, plus 2 pc, ensuite. Take a closer look at this 3 bedroom bungalow lor $115,900. Located in a quiet neighbourhood, close to everything. Bowmanville. Doreen Tlllson*, 623-3393 or 432-4804. r VENDORS WANT TO MOVE So have offered their 3 bedroom homo will) garage lor only $117,900.1 1/2 baths,'finished baths,'finished roc room. 4th bedroom, walkout to dock are bonuses. Mlllbrook. One owner home. Iris Fowler', 623-3393 or (705) 932-2621. A COUNTRY LIVING AT ITS FINEST Backing onto open Holds, 3 bedroom bungalow, finished rec room, and family room, fireplace, coniral air, now patio, double paved drive. $161,900, Newcastle, Charlie Reid', 023*3393 or 983*5914. % + .r: COUNTRY CHARM; CITY CONVENIENCE Watch the color of the season change in your own backyard from tho privacy of a secluded bi-level deck; a 2 bedroom bungalow bungalow Included. $114,900. Bowmanville. Doreen THIson', 623-3393 or 432-4804. LIBERTY ST.-10 ACRES Approx. 1750 sq. It. bungalow, 3 bedrooms, enormous kitchen and living room. Walkout basement, workshop and garage. Super deal. $217,900. Bowmanville. Charlie Reid', 623-3393 or 983-5914. JUST LISTED! Spotless 3 bedroom freehold lownhouso locnlod In Dowmonvlllo, walkout • from kllchon lo dock overlooking fenced yard, walkoul basement, separate dining room. $119,500. Torry Wlthoropoon', 023*3303 or 003*0200,