It’s hard to pick up a paper these days without reading a great deal of doom and gloom about the Canadian economy. Plant closures, inflation, gas prices and real estate fill the pages and fear has finally hit the consumer. There is a great deal of discussion about the “crash” in the real estate market [...]
Currently, the County of Simcoe is looking for public input on its proposed growth strategy. The idea behind it is to have a “Made In Simcoe” plan to comply with the Province’s Places To Grow legislation. Basically, it looks at how much growth we should have, where it should be located and what we need [...]
Do you remember riding the escalator in Woolworth’s in Collingwood? Today in its place, you’ll find the Admiral Building which is home to a flagship LCBO along with other shops and services. In the 19 years that I’ve been practicing real estate, just about everything has changed. Way back then, we typed offers using carbon paper [...]
I’ve just spent the last hour or so scratching my head over economic theories. The rules I was taught says that when supply exceeds demand, prices go down and when demand exceeds supply, prices go up. Nope. Not so. Not true. Not in our area anyway. The first quarter of 2008 is already complete (where [...]
On Monday, Garth Turner’s new book, Greater Fool: The Troubled Future of Real Estate, will be out in bookstores across Canada. Chances are it will get some pretty good media coverage and everyone will be talking about his predictions of a real estate crash. Since I believe in self-fulfilling prophecies, he could be right but, not [...]
Have you ever wondered how our property tax rates in this area compare to other towns and cities in the province? I have. Recently, the results of a Municipal Competitiveness Study done by BMA Managements Consultants was released that helps to answer that exact question. The 2007 study compared 79 Ontario municipalities in numerous categories. [...]
Me too although I also know that at this point in the year, predicting sales trends is like predicting the winner of a horse race. Nonetheless. with just 18 days having passed since we left the post, it’s fun to see which areas are off to the fastest start. As a reminder to you, the [...]
When people are considering purchasing real estate in the Collingwood -Blue Mountain areas, it is often because of the lifestyle and amenities the area offers. Quality of Life is a major factor in deciding where to live and trails have become an important component of that in recent years. Once upon a time, trails in [...]
Making predictions is fools play. Chances are someone will pull them up a year from now and laugh in my face so I tried to find those monkeys. You know, the ones who always beat the experts at stock market picks? Well anyway, they were not available so, just for the heck of it, I’ll [...]
The Bank of Canada cut it’s key overnight interest rate by a quarter of a point today and it will be interesting to see how that may or may not impact our real estate market in the Collingwood and Blue Mountain area. In the meantime, the November MLS® statistics from the Georgian Triangle Real Estate Board [...]
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