Encouraging results for the month despite the news from around the worls. This is an indication that our markets remain strong. http://creastats.crea.ca/coll/
Posted by Douglas Fraser
on December 15, 2011
Many people do not consider the work that is required to get their home ready for market. Some people go ahead and spend a lot of hard earned cash on renovations thinking they are going to get every dollar out. This is not always the case particularly if you purchased at market in the last 2 to 3 years. Check with a REALTOR® to see what work should be completed. Here is a small list to help you ...
Posted by Douglas Fraser
on August 12, 2011
This article is provided courtesy of the Canadian Real Estate Association. There are some important factors to consider when listing your home for sale or buying a home. This is one of the biggest monetary transactions you will be involved in. Make sure you have all the information. http://www.crea.ca/public/buying_selling/buying.htm
Posted by Douglas Fraser
on July 13, 2011
According to statistics from the Georgian Triangle Real Estate Board, 1 in 4 homes that are listed actually sell. These results to the end of May. This results in longer days on market and a larger selection for buyers to chose from. In 2010 this measure of performance increased to 1 in 3 towards the end of the year. All areas have seen a decline in units sold with the exception of Wasaga Beach which ...
Posted by Douglas Fraser
on June 11, 2011
Interesting article on the future of interest rates in Canada. This article puts things into prospective. We are not in the same predicament as our neighbours to the south but there is concern that continued low interest rates and longer amortization periods will tempt homeowners to raise their already high debt levels. This may be OK as long as rates are low but could cause hardships ...
Posted by Douglas Fraser
on January 14, 2011
Recent conversations have revealed the there is still some confusion about HST and the sale of real estate. Some members of the public think that HST is payable on the sale price of a home. There are some transactions that will require further investigation but, for the resale of a personal home, HST is not payable on the sale price.
HST is payable on legal fees, home inspection fees and commissions. ...
Posted by Douglas Fraser
on November 16, 2010
Many articles have been written indicating that people should buy before the HST launches the first of July. Although there will be an increase in the cost of buying a home, the increase will not be that significant unless you are buying a newly constructed home over $400,000.
If you are in the market for a home you still have to find the one that fits your criteria. Don't lose sight of your wants ...
Posted by Douglas Fraser
on March 7, 2010
Ottawa — Reuters Published on Sunday, Dec. 06, 2009 10:57AM EST Last updated on Sunday, Dec. 06, 2009 4:56PM EST from the Globe and Mail
The Bank of Canada is widely expected to keep its hands off interest rates Tuesday, holding them at near zero and committing to do so until at least July, despite growing evidence the economy is kicking back to life.
Fears of ...
Posted by Douglas Fraser
on December 8, 2009
The Canadian Real Estate Association issued the results for the 3rd quarter and they are very positive! This provides comfort to those who are currently home owners and those interested in getting into the market. Its a good read. Enjoy! http://creastats.crea.ca/natl/index.htm
Posted by Douglas Fraser
on October 15, 2009
Well September results were higher than the same month last year. It was only marginally higher though with the monthly list to sell ratio softening from 45.88 to 33.69. The softening in the list to sell ratio is the result of more listings over last year. The sales successes of June, July and August brought out some of the Sellers that were sitting on the fence.
It is encouraging that the sales ...
Posted by Douglas Fraser
on October 1, 2009