SOUTHERN GEORGIAN BAY & AREA REAL ESTATE
rick's Blog
Real Estate & Other News for Southern Georgian Bay
Southern Georgian Bay MLS® Sales Up 78% Thru February 2021
Notwithstanding the stay-at-home order, real estate activity across southern Georgian Bay remains extremely robust for the first two months of 2021. Year-to-date MLS® sales to the end of February total $300.0 million up 78% from $168.9 million top the end of February...
Mortgage Pre-Approvals Are Not Guarantees
Having been in the real estate business for over 20 years I have never put much credence or trust in Buyers being "pre-approved" or "pre-qualified" for a mortgage. Over the past couple of years, the demand for residential housing in many parts of Canada has been...
Key Factors Impacting Today’s Strong Real Estate Demand
As we near the end of February and with COVID 19 still very much a part of our daily lives now and no doubt for the foreseeable future, the question many are asking is will 2020's real estate pandemonium extend into 2021 and beyond? As I previously reported, MLS®...
Real Estate & HST Can Be Taxing – Part 3
In Parts 1 and 2 of my previous posts of Real Estate & HST Can Be Taxing, I wanted to illustrate the many situations as to how how Ontario's "Harmonized Sales Tax" (HST) can impact the real estate selling and buying process. Before we leave this topic there is...
Real Estate & HST Can Be Taxing – Part 2
In Real Estate & HST Can Be Taxing - Part 1, I covered some of the basic circumstances where the matter of Ontario's Harmonized Sales Tax otherwise known as HST can significantly impact the sale of real property for both Sellers and Buyers. In Part 2, I am going...
Real Estate & HST Can Be “Taxing” – Part 1
One of the issues that we as real estate professionals deal with in every sale transaction is the matter of taxes. Anyone that owns or has owned a property knows about property tax but there are a couple of other tax matters that come up in real estate sale and...
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