Barrie Archives

Discover Your Barrie Real Estate Investment Choices

I firmly believe that if you consider your investible assets as a whole pie, a piece of that pie should be in some form of Real Estate. Certainly you should consult with a financial planner before making any investment decisions,  but do bear in mind that in the same way that I cannot give you investment advice regarding stocks and bonds, neither can the average financial planner give you detailed information about investing in Barrie Real Estate. So before putting 100% of your investible assets into a stock or bond portfolio, consider having a chat about Real Estate as an alternative. Even in todays Real Estate market the Barrie Real Estate area offers a steady return on investment. Talking costs nothing, not talking could be very expensive.Investors discussing barrie real estate
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Barre Real Estate – Market update

The Barrie Association of Realtors provides monthly updates of the state of the market, we are pleased to share them with you here.
Home sales improve at the end of 2010
Residential property sales in the Barrie Real Estate area as recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc. posted a solid end to the year, with December sales coming in above a five-year average for the month. Read the rest of this entry

Attention all investors and buyers who want a nice home in a good neighbourhood that requires some minor TLC but is listed below recently appraised value. Barrie Real Estate 50 Hubbert Read the rest of this entry

15 Steele Road, Shanty Bay. Located approx 10 minute drive east from Barrie along Shanty Bay road and situated in a quiet family orientated sub division.

Just listed this morning, a chance to own a well maintained family home in Shanty Bay. Located a few minutes walk from the local schools and the lake you will find this 3 bedroom home featuring hardwood and ceramic floors, a fully finished basement and a fantastic large level rear yard. The kitchen is well proportioned and features rear patio doors leading to the deck and views easterly over the rear yard. Read the rest of this entry

Most Ontarians are still confused about HST and resale homes

An Ipsos Reid survey commissioned by OREA and released in October reveals that 56 per cent of Ontarians mistakenly believe that the new Harmonized Sales Tax (HST) applies to the full purchase price of a resale home. In fact, the HST is only levied on the various transaction fees associated with the purchase of a home that has been previously occupied (i.e. not a newly-built home). Read the rest of this entry

Barrie Real Estate – Association update

The following is a press release from the president of the Barrie Association of Realtors.

Sales activity stable in October

Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc. remained well below last year’s record levels in October 2010, but edged up one per cent on a seasonally adjusted month-over-month basis. This follows consecutive gains of 10 per cent in August and September.

I was fortunate enough this week to be invited to listen to Paul Ferley from RBC. Paul is the assistant economist for the Royal Bank and focuses on long term trends in the economy. As a quick disclaimer, this article contains my interpretation of Pauls presentation and is not repeated in its entirety. I’ll try to keep this fairly brief so it won’t become a financial sleep zone. So first the good news, “there shouldn’t be a double dip recession!”, the Royal Bank is looking for growth in the economy to be slow but steady, around 2% in Gross Domestic Product.
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Well you have heard it said before, location location and location! This week we were delighted to be invited to list 291 Stanley Street in Barrie. The home is located in an excellent position and has the benefit of backing onto an environmentally

 291 Stanley Street

protected area. If you are looking for a home in the Barrie Real Estate area this would be worth your while to take a look!

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I want to keep you updated with the Barrie Real Estate Market. There have been many negative stories recently about how the market is “slipping” or that “prices are starting to fall”. I thought I would take a look at some facts about the numbers in the Barrie Real Estate area,  because it isn’t doom and gloom, the press likely won’t report this. Read the rest of this entry

The Canadian Leading indicators were released on August 19th. The following information is supplied by Stats Canada and reproduced here in its entirety, and is a breakdown and more in-depth analysis of the Leading indicators report. It’s interesting reading as it shows the breakdown of each sector and clearly you can see that housing is slowing, confirming other evidence of a weaker close to the year than the beginning. Although the Barrie real estate market may not be representative of the Canadian Real Estate market as a whole it’s likely a similar trend.
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