Real Estate markets have been crazy in 2017 and early 2018 has shown that it is still clearly a SELLERS market in most of Ontario, and definitely here in Muskoka. Here's a few tips to be ready for your purchase if you are a BUYER this year.
WATCH THE MARKET ---this may seem obvious to you who already have realtor.ca bookmarked in your browser, but i...
Spring 2017 was a Real Estate roller coaster. Toronto and GTA bidding wars spilled over, rippled out and changed the way people are approaching purchase and sale of real estate in Southern and Central Ontario.
Spring 2018 is looking like even FEWER homes may be available to purchase in Muskoka than last year. Prices are still at all-time highs, and...
In 2016,2017, and now in 2018 You will hear about a SELLER'S MARKET in Ontario real estate. This is a term used to describe that in a simple supply-demand scenario that there are MORE BUYERS THAN SELLERS. That's it. That's all.
However, the implications are far more complicated than the term suggests. A few things that happen in "Seller's markets"
CBC Marketplace recently aired a program on TV showing hidden camera footage of real estate professionals in Ontario breaking the rules while representing their seller clients to potential buyers. Representing both the Seller and Buyer in a real estate transaction is called Multiple Representation, or 'double ending' a deal. This practice is common...
There are many waterfront homes and recreational(cottage) properties that don't fit the stereotype of Goldie Hawn, Pro Athletes, and BaySt/Wall St. power-players. Where do you buy if you don't have a huge budget, but can afford to invest in a cottage property? Lake Muskoka, Lake Joseph, Lake Rosseau, Lake Vernon, Fairy Lake, Lake of Bays are some o...
I get asked this question "When is the best time to sell my Muskoka cottage" along with "When is the best time to sell my Muskoka cottage?"
for SELLERS:
Your cottage is most attractive to potential Buyers DURING COTTAGE SEASON. I know this may seem obvious, but some people don't want to show their property while they are trying to enjoy the cottage...