Doug Fraser - Blog - Doug Fraser

Recent Blog Posts by Doug Fraser
CREA Stats for the month of November 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 Doug Fraser on December 15, 2011		More
Georgian Triangle Market 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 Doug Fraser on June 11, 2011		More
Election Time Well the politicians have done it again. We are still in my opinion in a recovery phase and the opposition parties think they can do a better job. Do they think the spending all that money on an election campaign is prudent in the eyes of the electorate? I for one don't think so. With all that is going on in this world why wouldn't they suck it up and work together. That's just my opinion. Posted by Doug Fraser on March 27, 2011		More
Interst rates in Canada 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 Doug Fraser on January 14, 2011		More
HST and Real Estate 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 Doug Fraser on November 16, 2010		More
Spring Market and the HST 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 Doug Fraser on March 7, 2010		More
4th quarter results 2009 Well the year closed out with some impressive results. The total sales volume for the Georgian Triangle area was $484,646,974 for the year ended December 31, 2009 as compared to $441,044,393 in 2008 or an improvement of 9.89%. The sales to listing ratio also improved from 28.67% for 2008 to 31.61% for 2009. Lower interest rates and the feeling that the worst was over fueled demand in the ... Posted by Doug Fraser on January 9, 2010		More
Are we on the road to recovery? 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 Doug Fraser on December 8, 2009		More
Canadian Real Estate Association release 3rd Quarter results 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 Doug Fraser on October 15, 2009		More
September results higher 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 Doug Fraser on October 1, 2009		More
Ausust performance in the Georgian Triangle Once again, the monthly numbers are up compared to last year. August saw 217 sales compared to 167 for the same period last year. In addition, the monthly list to sell ratio edged up to 45.88% compared to 33.40%. Year to date figures are still lower than last year at 1205 units compared to 1287 units and a list to sell ratio of 29.47% compared to 30.31% from last year. We are moving towards a ... Posted by Doug Fraser on September 12, 2009		More
Earth Hour We continue to hear about Global Warming and all the damage that is being done to our environment. Earth Hour 2009 scheduled for March 28th @ 8:30 is a great way to make a small contribution to reducing the carbon footprint around the world. Participation can be as simple as shutting off your home lights for one hour, but it can be expanded to things like taking mass transit. Give it some thought! Check ... Posted by Doug Fraser on March 11, 2009		More
When Will it All End? There was an interesting article in the Globe this morning. It was a more positive article and not one of the doom and gloom pieces that have tended to fill the pages of newspapers and magazines of late. Here is the link to the article http://business.theglobeandmail.com/servlet/story/RTGAM.20090226.wporter0226/BNStory/Business/?cid=al_gam_nletter_maropen If you missed it simply highlight the address ... Posted by Doug Fraser on February 27, 2009		More
Buy or Rent With variable interest rates at 3.75% and 5 year rates at 4.22% buying your home can be cheaper than renting. There are a number of incentives available to help you get that home. Currently our market is experiencing a 3 to 5% drop in value. Activity is starting to pick up. Although some areas across Canada are recording higher declines, we have not seen them here. You may see some larger discounts ... Posted by Doug Fraser on February 22, 2009		More

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