The holidays are officially over. Most students are back at school and other than those of us who are away on vacation, things are back to normal. Maybe now you have time to think about selling your home? Are you READY to sell? Wait, is January the right time? [Read more…]
Winter has made it’s presence known, Christmas trees have been put away, New Year celebrations are a distant memory, most of us are back to work and back to school. Believe it or not, Barrie’s Real Estate market has kicked back into high gear! Still wondering about selling your home? Serious Buyers and Sellers are out there and the John Weber Team can help put you in touch. Give us a call!!
Christmas is over and we’re gearing up for New Year’s celebrations. Despite the fact that most of us took a few days off over the past weekend to spend time with family and friends, there were a few Real Estate transactions. The snow has finally arrived, but it hasn’t slowed us down. It has helped us feel like it’s finally winter! Still wondering about selling your home? Give us a call!!
Despite Mother Nature keeping the snow away, the reality is that this is the final week before Christmas. Whether you celebrate or not, whether you travel or stay home, whether you work or take time off, our country takes a collective break at this time of year. You may be surprised by the activity that still took place over the past three days in the Barrie and Area real estate market, but that is fairly typical for this time of year. Those who are really motivated still carry on. Those who can wait, wait.
‘Tis the season for business to slow down! The Barrie Real Estate market is absolutely slowing down. People are focused on spending time with loved ones, traveling, shopping. There won’t be many ‘new’ listings coming onto the market now until after Jan 1st. That doesn’t mean that if you’re a buyer you have to wait. John and I were both busy with buyers looking at homes in Barrie and in Orillia over this past weekend!
As explained in a couple of articles in the Dec 11, 2015 issue of the Globe and Mail, this increase in down payment is on a mortgage of between $500,000 and $1,000,000, and the change is from 5% to 10%, which will affect a small 1% of the market. The change, which comes into effect on Feb 15, 2016, is ‘going to help create stability for the overall market by targeting pockets of risk,’ according to Finance Minister Bill Morneau. Although it might make it harder for a certain group of people to buy a home in that price range, it’s better in the long run because it ensures that that group of people can really afford it and that the equity we all count on later in life will still be there. [Read more…]