Archive for January, 2012

Mortgage Market Update

Guest Post By David Larock This quarter’s Mortgage Market Update is a good news/bad news story. I’m an optimist at heart so let’s start with the good news. Barring a global and systemic financial meltdown, our mortgage rates will probably stay at their current rock-bottom levels for an extended period of anywhere from one to […]

Collingwood – Town Planners Update 2011

Each year, our local Georgian Triangle Association of REALTORS®, (GTAR) invite a panel of our local municipality’s planners to update our members about current events in their geographic areas. Over the next few weeks, The Collingwood Blue Mountain Real Estate Blog will post summaries from these discussions. Planners Part 3 – Town of Collingwood – […]

Georgian Triangle Real Estate Barometer Jan. 20-26, 2012

This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford.  The information was obtained from the MLS® statistics provided by the Georgian Triangle Association of REALTORS®.  Previous week(s) in brackets. Single Family Residential New Listings: 52 (52, 70, 45) Average List Price: $477,652 Range of List Prices: $89,900 – […]

BLUE MOUNTAINS RENAMING HURLBERT

The Blue Mountains has passed a by-law effective March 31, 2012, changing the name of Hurlbert Court in Lora Bay to Hammond Court. Read the by-law and see the map here.

What Is a Condominium Status Certificate?

Part Two in the Condo Series A status certificate is like a disclosure statement.  It reveals important information that any condo buyer would want to know such as details about the condominium corporation’s financial status, reserve fund studies, whether or not condo fee payments are up to-date, any pending lawsuits or legal claims against the […]

Interesting Local News Last Week in South Georgian Bay

There was lots of news this past week to get the juices churning.  Here’s a quick round up with my own take added.   Collingwood Connection:  Mushroom Farm Proposed for the Collingwood Grain Elevators On the surface, this one really caught my attention.  Innovative!  Toronto Star:  Neighbours Suing Neighbours:  Potentially Precedent Setting Lawsuit Regarding Wind […]

Georgian Triangle Real Estate Barometer Jan. 13 – 19, 2012

This market summary includes data for Collingwood, Blue Mountains, Wasaga Beach, Clearview, Grey Highlands and Meaford.   The information was obtained from the MLS® statistics provided by the Georgian Triangle Association of REALTORS®.   Previous week(s) in brackets. Single Family Residential New Listings: 52 (70, 45, 12) Average List Price: $420,596 Range of List Prices: $90,000 – […]

The Blue Mountains – Town Planners Update 2011

Each year, our local Georgian Triangle Association of REALTORS®, (GTAR) invite a panel of our local municipality’s planners to update our members about current events in their geographic areas. Over a few weeks, we at the The Collingwood Blue Mountain Real Estate Blog are posting summaries from these discussions. Planners Update 2011 Planners Part 2 […]

HOLDING STEADY AT 1%: BANK OF CANADA

There’s good news for the real estate market in Collingwood, Blue Mountains, Clearview, Wasaga Beach, Meaford, and all of Canada this morning. The Bank of Canada has once again held it’s key overnight rate at 1%. Changes to the overnight rate sends a signal to banks about which direction the Bank of Canada wishes to […]

What Is a Condominium?

Condominiums now account for about a third of all new homes built in Ontario and likely much higher than that here in the Collingwood – Blue Mountain areas. All condominium projects are made up of two parts:  the common elements which are jointly owned and, the units which are individually owned. The term condominium applies […]

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