Archive for October, 2017

Collingwood and Area Real Estate Barometer Oct.13-19, 2017

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 Southern Georgian Bay Association of REALTORS®.  Previous week(s) in brackets. Single Family Residential New Listings: 31 (24, 47, 33) Average List Price: $521,917 Range of List Prices: $248,900 […]

Top 3 reasons to contact the Ontario Ombudsman

Thanks to Bill 8, the Public Sector and MPP Accountability and Transparency Act, 2014, The Ontario Ombudsman can help Ontarians who are having issues or problems with the following 3 bodies:  Municipalities  Universities  School Boards The Ontario Ombudsman, who is an independent officer of the Ontario legislature, a watchdog and an impartial investigator, provides free, confidential […]

New Mortgage Regs Could Stress Buyers

Yesterday, the Office of the Superintendent of Financial Institutions Canada (OSFI) released the final version of Guideline B20 – Residential Mortgage Underwriting Practices and Procedures, effective January 1, 2018.  The Guideline applies to all federally regulated financial institutions. According to the release:  The changes to Guideline B-20 reinforce OSFI’s expectation that federally regulated mortgage lenders […]

How much extra would you pay for a garage or basement in your Collingwood condo?

The average sale price of a condo in Collingwood this year has run on average, at about $390,000 but not all condos are created equal: The average sale price of a condo without a garage was actually $279,277. With a garage, that number rises to $544,979! Condos with a basement sold for an average of […]

Collingwood and Area Real Estate Barometer Oct. 6-12, 2017

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 Southern Georgian Bay Association of REALTORS®.  Previous week(s) in brackets. Single Family Residential New Listings: 24 (47, 33, 35) Average List Price: $730,054 Range of List Prices: $228,000 […]

Features Home Buyers Want Most

Whether you are selling or buying, you might find the results of a study useful when assessing your own needs and more importantly, resale values.  Completed by Avid Ratings for the Canadian Home Builders Association, the Canadian Home Buyers Preference Study is a wealth of information.  While it says most buyers still prefer a two-storey […]

What’s the deal with The Big Blue “W”?

Do you know what it means when you see a Blue “W” on the door or window of various establishments in the Collingwood, Clearview, Wasaga Beach, Blue Mountains and Meaford areas? It means you are able to get tap water there, with no charge. It is a really amazing global concept, and the website for […]

Collingwood and Area Real Estate Barometer Sept.29-Oct.5th, 2017

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 Southern Georgian Bay Association of REALTORS®.  Previous week(s) in brackets. Single Family Residential New Listings: 47 (33, 35, 48 ) Average List Price: $632,038 Range of List Prices: […]

Collingwood, Blue Mountain and Area Real Estate Market Recap September 2017

September saw a return to more balanced market conditions similar to what we saw in September 2016. Supply continues to be a challenge with the number of active listings down compared to last month with fewer new residential listings but this is on par for the time of year.  The number of sales last month […]

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