Springwater Archives

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.

This very cute and well maintained home is situated along hwy 26 just outside Barrie and within the popular school district of Forest Hill. The present oweners have lovingly maintained the home with more recent upgrades including painting, bathroom, windows, bathroom and basement areas. In particular the home benefits from a good sized south facing rear yard with childs climbing frameBungalow in Midhurst Springwater. Read the rest of this entry

Barrie Real Estate – 62 Budds Mill

62 Budds Mill in Minesing , Snow Valley

Located just outside Barrie this home is just over a year new and is situated in an upscale executive sub division just a few minutes from Snow Valley Ski resort. Initially designed by Reid and modified and built by Steve Witty (Custom homes) this home has some unique features. With a separate entrance to the basement extended family members will be well taken care of and at the other end of the home on the 3rd floor the loft has been converted into a large open planned family room / childs play room. The views from the upper levels extend northerly across the Minesing wetlands and Southerly over the rear yard.
Open planned kitchen at 62 Budds Mill3rd floor rec room at 62 Budds Mill Read the rest of this entry

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

Snow Valley Landing – New Listing

BUDDS MILL ROAD IS AN ENCLAVE OF SUBSTANTIAL EXECUTIVE HOMES LOCATED JUST A FEW MINUTES FROM SNOW VALLEY SKI RESORT AT SNOW VALLEY LANDINGS. JUST ONE YEAR NEW THIS HOME HAS A LOT TO OFFER.
SITUATED ON A NEARLY 3/4 ACRE LOT WITH NORTHERLY VIEWS TO THE FRONT AND A LARGE SOUTH FACING REAR YARD.
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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

Residential property sales recorded through the MLS® System of the Barrie District Association of REALTORS® Inc. were down from year-ago levels for the first time in a year in May 2010.
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

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