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 | 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 8, 2023 | Condominiums, Real Estate Buying, Real Estate General, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
After robust sales in 2020, 2021 & a brisk start to 2022, MLS® condominium sales in the Southern Georgian Bay area have softened, due largely to higher interest rates and inflationary pressures. June 2023 Year-To-Date (YTD) MLS® condo sales of 171 units are 37...
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...
by Rick Crouch | May 18, 2023 | Buying & Selling, Real Estate Buying, Real Estate General, Real Estate Market Activity, Real Estate Market Report, Real Estate Selling, Real Estate Statistics
For those of us in the real estate profession as well as consumers, it comes as no surprise that the 2023 real estate market is vastly different from the one we experienced in 2020, 2021 and in the 1st Quarter of 2022. As covered in my April Market Report,...
