So some good news for Buyers and not so great for Sellers. The last few weeks are starting to confirm what we have been saying for the past few months. Come July 1st , expect Barrie home prices to level off and maybe even dip into the early fall market. although not a qualitative measurement, my pager these last few weeks has been pinging away, not with new listings or a rush of eager buyers, but with price reductions. There are typically several phases in the Barrie Real Estate year. Phase 1 begins with an expectation that a new year brings higher prices, followed by an active spring where those prices are justified, a quieter summer where people head for the cottage followed by
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We come across many different ideas in the Barrie Real Estate market, and this one we thought was worth repeating. Buying an investment property or renovating an existing one involves many different aspects, and one that is often overlooked is the return that you receive on your investment once you have made the renovation. The return on investment revolves around spending say $10k for a new bathroom vs what value does it typically add to the property when you come to sell?

Hi all,

Caroline and I just came back from a fairly intensive 3 day real estate marketing course centred around branding and we were curious. One of the subjects covered was why people buy from you? On Real estate translated to , “Why do people choose the Hocking Homes brand” to help them buy or sell a home?
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The following article was written by the president of the Barrie Real Estate association. It is reprinted here in its entirety as it’s a concise and up to date look at a changing market.

Home sales down in May

The average price for homes sold via the Association’s MLS® System in the first five months of the year was $278,708. This is up eight per cent from the year-to-date average price last May, and represents the highest average price for this period on record.
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