Great townhouse in newer Innisfil subdivision, approx 1,500sqft backing onto greenspace.  3 bedrooms, master with semi-ensuite plus finished basement with separate entrance.  If you know anybody that is looking for this type of home, please give us a call 705-252-7939

2037 Kate is a mostly renovated cottage located in Alcona in the township of Innisfil. It does require some minor TLC , however, the internal rooms etc are well decorated and in good condition. If you would like to view this home, please give us a call at 705 791 4837.

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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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

Home sales down in July

Residential property sales recorded through the MLS® System of the Barrie District Association of REALTORS® Inc. were down considerably in July 2010. A slowdown in demand in Ontario had been widely expected in July, with many purchases having been brought forward into the first half of the year in advance of the introduction of the HST.

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There was a really interesting article posted in the Globe and Mail this morning. (Thank you Katherine for bringing it to my attention). It concerns the levels of debt that Canadians are taking on and looks at various cities around Canada to try and figure out the net growth of wealth in certain cities. The full article is contained within this link: http://www.theglobeandmail.com/globe-investor/personal-finance/want-to-boost-your-net-worth-live-in-a-mid-sized-city/article1640442/?service=email

Of course in my usual way I just felt compelled to reply to the post. Debt can be a widely misunderstood  term and I thought I would share here my post on the globe and Mails website.  Hopefully this is thought provoking and no too antagonistic. Read the rest of this entry

Press release from the president of the Barrie Association of Realtors.

Sales activity cools in June

Residential property sales recorded through the MLS® System of the Barrie District Association of REALTORS® Inc. came in well below last year’s record levels in June. Home sales numbered 461 units in June 2010, down 19 per cent from the record in the same month in last year. On a year-to-date basis, however, activity was still up 12 per cent compared to the first six months of 2009. New listings rose five per cent from a year earlier to 767 units in June. While still up, the Read the rest of this entry

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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All cheer….YEEAAAHHH, the recession is over, the wicked witch of the manufacturing layoffs is dead and we can all go on spending again….Or can we? In this post we examine some of the recent trends in the Barrie real estate market and try to identify what’s really happening, or more importantly what’s around the corner.

A quick revisit into recent history; In August 2008 the Barrie real estate market peaked after a reasonably healthy start to the year. The average price of homes in the area was approx $259,000. The storm clouds were hovering south of the border as USA sub prime lending spiralled out of control and eventually imploded, taking with it several large US investment banks. The world held its breath and in Barrie,
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By popular demand we will be hosting a lease to own evening  on Wednesday 28th April 2010. The owners of an ethical lease to own company will be coming to Barrie to talk to investors about the pros / cons of lease to own investing. Read the rest of this entry