| Recent Blog Posts by Doug Fraser | ||
Canadian CensusAccess this useful link to see where people have been moving to since the last census. http://www.cbc.ca/news/interactives/cp-census/
Posted by Doug Fraser
on February 14, 2012
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CREA Stats for the month of NovemberEncouraging 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
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Getting your House ready to listMany people do not consider the work that is required to get their home ready for market. Some people go ahead and spend a lot of hard earned cash on renovations thinking they are going to get every dollar out. This is not always the case particularly if you purchased at market in the last 2 to 3 years. Check with a REALTOR® to see what work should be completed. Here is a small list to help you ...
Posted by Doug Fraser
on August 12, 2011
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Home Buying and SellingThis article is provided courtesy of the Canadian Real Estate Association. There are some important factors to consider when listing your home for sale or buying a home. This is one of the biggest monetary transactions you will be involved in. Make sure you have all the information. http://www.crea.ca/public/buying_selling/buying.htm
Posted by Doug Fraser
on July 13, 2011
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Georgian Triangle MarketAccording 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
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Interst rates in CanadaInteresting 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
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HST and Real EstateRecent 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
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Spring Market and the HSTMany 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
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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
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Canadian Real Estate Association release 3rd Quarter resultsThe 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
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September results higherWell 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
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Ausust performance in the Georgian TriangleOnce 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
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Performance for June and JulyIt is encouraging to see that the number of sales for both June and July have shown increases over the same month last year. There is a general feeling in the air that the Real Estate market is a fairly safe place to invest.
Interest rates continue to hang lower and there is still a number of properties to chose from in any given segment oif the price spectrum. It is interesting to note that the ...
Posted by Doug Fraser
on August 8, 2009
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Georgian Triangle areaThe market has been improving in our area over the past month. While we are not on par with the volumes of 2008, our sales to listing ratio has improved slightly from 29.47% ytd 2008 to 30.32% ytd 2009. That means that a little better than 3 in 10 listings are selling. That is far better than January where at 10.53%, only a little better than 1 in 10 listings were selling.
The continued low interest ...
Posted by Doug Fraser
on June 22, 2009
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Market conditionsThanks to those of you who participateed in The Earth Hour. You sure realize how much we rely on electricity! I know I had a hard time shutting the hockey game off.
It has been difficult to believe that spring is here. The dump of snow we had last week gave a shot in the arm to the ski hills in that area. Most if not all hills have said this is the last weekend. I was out on Friday and the conditions ...
Posted by Doug Fraser
on April 12, 2009
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Earth HourWe 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
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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
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Buy or RentWith 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
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