by Rick Crouch | Sep 19, 2023 | Buying & Selling, Legal Issues, Real Estate Buying, Real Estate General, Real Estate Selling
Effective December 1, 2023, new provincial legislation comes into effect, the “Trust In Real Estate Services Act 2020” or TRESA for short. This new Act will change the real estate process in term of both selling and buying any type of properties in Ontario. For...
by Rick Crouch | Sep 11, 2023 | Buying & Selling, Real Estate Buying, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
May thru August, MLS® sales across the Southern Georgian Bay region have now shown 4 consecutive months of sales growth over the same period last year. At the same time, not all segments of the market relative to price are performing above the level of sales we saw...
by Rick Crouch | Aug 28, 2023 | Buying & Selling, Real Estate Buying, Real Estate General, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
As stated previously on several occasions , real estate activity in the Southern Georgian Bay area as well as in other parts of Canada began to shift or change back in early 2022. That change has altered many aspects of selling and buying not the least of which is...
by Rick Crouch | Aug 25, 2023 | Buying & Selling, Real Estate Buying, Real Estate General, Real Estate Market Activity, Real Estate Selling, Real Estate Statistics
As the real estate market in the Southern Georgian Bay area and elsewhere continues to shift, one aspect pertaining to sales activity that is seldom talked about in the media is “days-on-market.” Days-on-market (DOM) is the time it takes for a home or...
by Rick Crouch | Aug 23, 2023 | Buying & Selling, Real Estate Buying, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
As I have provided in my Monthly Market Reports and in prior blob posts, the real estate market has shifted in the Southern Georgian Bay area as well as in most markets across Canada. No longer do we have the robust market conditions that we had through the COVID 19...
by Rick Crouch | Jun 12, 2023 | Buying & Selling, Real Estate Buying, Real Estate Financial, Real Estate General, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
While real estate activity across the Southern Georgian Bay area continues to remain well below 2022, MLS® sales in May did show an improvement from one year ago. For the year, MLS® unit & dollar sales are down especially in the upper price ranges from $800,000...