by Rick Crouch | Jul 25, 2024 | 2024 Real Estate Market Updates & Trends, Buying & Selling Tips, Municipal Affairs, Real Estate Financing and Mortgage Advice
If you’re considering buying or selling a home in Southern Georgian Bay and elsewhere, you might have noticed that sale prices and assessed values determined by the Municipal Property Assessment Corporation (MPAC) for property tax purposes can be quite...
by Rick Crouch | Jun 7, 2024 | Buying & Selling Tips, Real Estate Financing and Mortgage Advice, Real Estate Help Tips
As anticipated, this past Wednesday (June 5th) the Bank of Canada announced it was reducing its benchmark interest rate by 25 basis points (.25%) bringing it down to 4.75%. This benchmark rate, also known as the overnight rate, influences a bank’s prime rate, which...
by Rick Crouch | Apr 30, 2024 | Property Pricing, Real Estate Financing and Mortgage Advice
In my last post “The Limitations of Online Home Evaluations: Why In-Person Appraisals Matter” I discussed the matter of online home valuations. While it may seem like an easy way to obtain the estimated current market value of your home via a simple click...
by Rick Crouch | Apr 26, 2024 | Real Estate Financing and Mortgage Advice, Real Estate General, Real Estate Selling, Uncategorized
Having been a full time Broker for over 20 years selling Southern Georgian Bay real estate, that experience has taught me a great deal. No matter what your profession is, I believe increasing your knowledge is an ongoing never ending process and this is especially...
by Rick Crouch | Apr 2, 2024 | Condominiums, Real Estate Financing and Mortgage Advice, Real Estate General
Starting back in the 1980’s, condominiums became a popular real estate alternative for those not wanting to take on the ownership of a single family home along with the maintenance tasks that are typically associated with this form of property ownership. ...
by Rick Crouch | Feb 27, 2024 | Property Pricing, Real Estate Financing and Mortgage Advice, Real Estate General
As I mentioned in part 2 of this blog post series, seldom via the media do we hear any mention of Canadian consumer’s mortgage debt. Based on a recent report by Canada Mortgage and Housing (CMHC), residential mortgage debit in Canada as of January 2023 stood at $2.08...
