Recent Blog Posts by Doug Fraser

Canadian Census

Access this useful link to see where people have been moving to since the last census.   http://www.cbc.ca/news/interactives/cp-census/

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/  

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 ...

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.

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 ...

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 ...

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 ...

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

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 ...

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 ...

Performance for June and July

It 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 ...

Market conditions

Thanks 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 ...

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 ...

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 ...

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 ...