Two heads ARE better than one!

Lorraine McDonald
Sales Representative

Best Home Improvements for Resale

Getting the most value from your renovations

If you are entertaining the idea of selling your current home, there are so many things to consider. And, within all those considerations, your financial benefit should be taken into account. For example, many home owner's will embarke to costly upgades to kitchens, bathrooms and landscaping. The goal is that these improvments and upgrades will be of financial benefit. The key is to find that balance and to know what changes and upgrades will be most beneficial to profitability.

A recent Canada-wide survey of Royal LePage real estate experts suggests that kitchen and bathroom renovations are money well spent.  The majority  of experts suggest interiour renovations over exterior renovations ( 95.0% to 5.0%). 
To read more do's and don'ts to achieve the maximun return on your investment, click the link below. More Info..

CMHC making changes to allow self-employed to qualify for a mortgage

Great news for Canadian entrepreneurs

Canada Mortgage and Housing Corporation is making changes to facilitate self-employed Canadians  with obtaining a mortgage. The national housing agency says it’s giving lenders more guidance and flexibility to help self-employed borrowers.

CMHC chief commercial officer Romy Bowers stated:
“These policy changes respond to that reality by making it easier for self-employed borrowers to obtain CMHC mortgage loan insurance and benefit from competitive interest rates,” Bowers said in as statement.
The new rules will come into effect October 1st, 2018.
Below is a link to the full article from the Financial Post. 

More Info..

Realtors®: Slam Proposed "Punitive" Taxes in York Region

Realtors® and car dealers are teaming up to demand York Region put the brakes on its hopes of bringing in new taxes on vehicles and real estate. More Info..

How Much Home Can I Afford?

When buying a home anywhere the bottom line lies with what you can afford. We know that prices in the GTA (Greater Toronto Area) have been going up drastically over the last several years.

But what does this actually mean for you? What is the average household income you need to generate in order to own a certain type of property? More Info..

Economic Impact of MLS® Home Sales and Purchases in Ontario (2017)

Resale housing transactions across Ontario generate significant economic activity. A summary of the 2017 Altus Report is below; for the full report, please contact us.

Estimated expenditures generated by the average housing transaction (2015): $67,425
Average annual spin-off benefits of MLS® activity (2014-2016): $14.9 Billion
Average annual direct & indirect employment generated by MLS® home sales (2014-2016): $98,475
  More Info..

The Canadian Real Estate Market Projections to 2019

A Balanced Housing Market

The Canadian Real Estate Market is poised to remain strong. Despite a cooling off in home prices and sales, all data and stats suggest minor fluctuations with housing starts set to level off by 2019.
We are in a balanced market in which there are both inventory and buyers. 
But, why has the market "cooled off"? More Info..

Rising Interest Rates

How will this effect you and your mortgage?

Here is a recent article from The Globe and Mail (January 24, 2018) discussing the changes that will occur as interest rates increase. 
In summary:
The Bank of Canada is raising interest rates. The economy is strong and unemployment rates in 2017 were at the lowest rate since the mid 1970s. The raising of interest rates is seen as a vote of confidence that the Canadian economy is healthy. More Info..

The New Stress Test for Uninsured Mortgages

Lorraine and I recently attended a seminar by The Mortgage Group regarding the new requirements  for uninsured mortgages taking place January 1st, 2018.
The purpose  of the new requirements are to keep people within a safe margin on their biggest investment. However, for many people it will be tougher to qualify for a traditional mortgage and may push more people to private lenders at usurious interest rates. More Info..

Painting For Profit

How paint colour can influence your home sale price

There is no doubt that the real estate market in Collingwood and The Blue Mountains area is hot. Housing sale prices have been at an unprecidented high. This is great news if you are considering listing your property.

Now, what do you need to do to ensure you get top dollar for your house or condo? More Info..

Collingwood's Waterfront Master Plan

Public access to a revitalized waterfront

The Waterfront Master Plan was developed in collaboration with various stakeholders, waterfront
user groups, and approximately 1,800 community members. It outlines the direction in which the town will take to improve and preserve the waterfront and its specific goals over the next 20 years.
More Info..

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Area MLS® Listings

Area MLS<sup>®</sup> Listings

Click below to search by your own criteria for all other area listings.Read more..

Our Location

Contact Info

209820 Hwy 26 W
Blue Mountains
Office: 705-445-7799
Toll Free: 1-866-336-1112

Jane Direct: 705-888-1982

Lorraine Direct: 705-444-4216

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