The CAAMP Spring 2012 Mortgage Report

If you love stats, you’ll love CAAMP’s (Canadian Associates of Accredited Mortgage Professionals) semi-annual report on the Canadian mortgage market.  You can read the full report here (be warned, it’s 40 or so pages long), but here are some interesting stats that I’ve pulled from it. There is currently $994 billion in mortgages on primary… Continue reading The CAAMP Spring 2012 Mortgage Report

April Showers Love on Barrie’s Real Estate Market

April in Barrie and the area has been another blockbuster month for the real estate market. We’ve broken the record in Barrie for 2012 with a stellar 271 sold residential properties. The average selling price is up once again at $301,390 which is a 6.25% increase from this time last year. The average days on… Continue reading April Showers Love on Barrie’s Real Estate Market

Still a Seller’s Market in Barrie

Not much has changed in a month! March residential sales are still up like they were in February, but there’s still a lack of inventory in our fair city. There is a lack of new listings on the market (361 this year compared to 381 in 2011), and demand remains high. Luckily for sellers, this… Continue reading Still a Seller’s Market in Barrie

Residential Rentals Scarce in Barrie

Before most of us become homeowners, we rent apartments or sometimes houses. More often than not, however, many people are renting someone’s basement. As most people in Barrie know, the vast majority of basement (or “second suite”) units are technically not legal. In fact, there are only 676 registered second suites in the city. We… Continue reading Residential Rentals Scarce in Barrie

Barrie sales HOT in February

If you are thinking about selling your home in Barrie or the surrounding area later this Spring or in the Summer, don’t wait! Now is the time to sell. Buyers are seriously looking, and inventory is very low. As we get into May and June, inventory will be up again and it will turn into… Continue reading Barrie sales HOT in February