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Real Estate Blog

We all ask how the 2019 real estate forecast will look like. Right now it seems that it will be a similar year to last year with more homes on the market and less buyers looking.

Reasons for the 2019 Real Estate Forecast 

The number one reason for fewer buyers is the slow increase in mortgage rates which will continue this year. This makes it harder for millennial buyers who make up about 45% of new mortgages to step into the market.

Generation Xers who make up about 37% of mortgages have an easier time of it as they are moving up. They can use the equity from their current home and just add a mortgage payment which fits into their monthly budget to determine how much home they can afford. Many of these buyers bought just before the big real

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Freehold commuter cities 

Dream home vs Dream location.

Freeholds

Have you looked at commuter cities when you are looking into what is the anatomy of the perfect neighbourhood? What is your perfect house? Is it a freehold? Is it proximity to schools, parks, public transit, and entertainment areas? Do you need to feel the pulse of the city and have easy access to grocery stores, bars, and great restaurants all within walking distance? If you’re like most prospective homeowners, then you want it all. Did you know that some commuter cities have freeholds and all within your reach. The big question is how much are you willing to pay for that perfect postal code?

WHERE WILL YOU INVEST YOUR MONEY?  

If you’re looking to purchase a non-condo residential property in

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In our fast paced society one of the more popular homes is the extended family home. It is popular for several reasons here are a few of them.

Cost of Buying a Home

Recently the mortgage rates have gone up which means new buyers can afford less home. This along with the recent stress test for carry a mortgage which was implemented last year has really stopped buyers in their tracks. How to overcome this well here is what some young couples do.

Married couples, friends, or like minded people are getting together and purchasing a single home together. It can be a single family home with lots of separate living areas or a home which has an actual separate entrance to an apartment. What ever the type these people are co-owners. This is a clever

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The City of Barrie is situated on the shores of Lake Simcoe. There are 5 beaches within the city limits, behind which sit some of the best Barrie waterfront condos.  

Barrie Waterfront Condos - Lakeshore Dr.

65 & 75 Ellen, The Regatta and Marine Bay

33 & 36 Ellen, The Nautica 

2 & 6 Toronto, The Water View and Grand Harbor.

View all Barrie Waterfront Condos  

These waterfront condos are steps from Centennial Beach, the Barrie Yacht Club, the many festivals and activities which happen on Barrie's waterfront weekly all during the spring and summer months. They are also just a few blocks from the downtown with all its restaurants and shops.

Barrie Waterfront Condos - Downtown Core

On the north shores of Kempenfelt Bay a number of

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Millennials, Here are your Adulting Home Saving Lessons

Growing up in such a fast-paced world it’s no wonder that we Millennials expect instant gratification in all areas of life. Have a question? Google can answer it. Want a new computer? It can be shipped to your home tomorrow. An important thing to remember however, is that not all things in life will be instantly gratifying when little work or thought is put into it. Yes, adulting can be scary and hard at times, but the effort you put into it makes it all worth it in the end. Saving money, buying a home and getting a mortgage are some of those things that you want to take the time to do right because the payoff will be that much better.

Actually getting your finances in order is not

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    Homes for sale in Newmarket

At any given time there is a good variety of houses for sale in Newmarket. This town has grown to over 90,000 residents, many of whom are commuters to Toronto and the GTA. The once small town of 5,000 has grown outwards in both directions from Main Street, which is the downtown core. The downtown area features older neighbourhoods with charming turn of the century homes, large lots and huge mature trees. On the outskirts of Newmarket numerous new neigbourhoods feature modern open concept living spaces with small lots.

What Draws People to Newmarket

The draw to Newmarket is it 45 minute commute to Toronto. I lays between HWY 400 and HWY 404. This allows commuters to travel down to either end of the GTA. It also has

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An exemplary example of what you can expect from detached homes in Barrie is 60 Wallace Drive, Barrie. It features many of the upgrades which young families are looking for in a home. It has a walk out basement with a 3 piece washroom, the family room featuring a gas fireplace and ample room for a small kitchenette. It has an office which could be easily be changed into a bedroom by the addition of a closet.

      

The garage is single but there is a double drive and can accommodate 4 cars. There is a walkway next to the house for Emma King Public School. The only noise is from junior grades at break time.

The main floor of the home has upgraded laminate flooring throughout. It features a separate living, dining rooms, a family room -

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Adulting lesson: Home Buying for Millennials 101

The first question that popped into my head when I started writing this blog was “How did adults start adulting without YouTube and awesome blogs like, “Home Buying for Millennials”, to learn from?” I still have no idea. From one struggling millennial to another, I hope this article teaches you the basics involved in buying your first home, and the steps you need to take to prepare yourself for the adulting avalanche that is home ownership.

These tips and tricks on home buying for millennials may seem overwhelming at first, but it will end up being one of the most important lessons on adulting you will ever learn!

Like the average millennial, you’ve probably lived at home with your parents,

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The County of Simcoe restructured townships in 1994. It merged two townships forming the current Township of Oro-Medonte. Oro lies north-east of Barrie, south-west of Orillia, Lake Simcoe to the east and north-west to Vasey Rd. Oro-Medonte encompasses numerous country and lake landscapes providing a diverse variety of homes.

Oro, is an outdoor enthusiast dream. It features ski hills, golf courses, bike and walking trails, country acreage, lake front properties and best of all has easy access to numerous events because of the highways which intersect the township.

     

Communities of Oro-Medonte

Highway 11 divides the township and leads to numerous communities. Along Lake Simcoe there is Shanty Bay, Oro Station, Hawkestone, Eight Mile

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If you are asking yourself, “Should I sell in today’s real estate market?” then you are not alone. After last year’s wild ride most people are nervous about the real estate market today. The other questions you need to ask are:

 Why am I thinking of moving?

Where do I plan on moving to?

When would be the best time?

What will it cost to move?

The Answer

The answers depend on your personal circumstances:

Do you need to downsize to take money out of your house?

Many people do and the house they are currently living in as way too big and expensive to run for their current needs. As real estate professionals, we can advise you on smaller homes or condos which will suit you better. We can figure out all the costs of the move and what

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