Blog by Scott Cooper Sales Representative

Strong Real Estate Market for Barrie Area

May 10th, 2012
It seems we are in the middle of a very strong sellers real estate market in Barrie.  April 2012 sales statistics show 310 residential sales, up 29 percent over 2011 stats.  Year to date is also impressive. We have seen a 16 percent year to date increase over 2011.  Not only is sales volume up but so is the average sale price rising to $301,501.  This number is up 7 percent over 2011.  The do ...

Home Sales and Prices Rise in 2011

January 16th, 2012

Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc., as well as and the average selling price of those sales, both recorded increases in 2011 when compared to 2010.

 

2011 was a good year for the resale housing market in the region, with the defining characteristic being the return of stable and predictable demand from one month t ...

LOWEST MORTGAGE RATES IN CANADIAN HISTORY!!

January 14th, 2012
BANKS OFFERING 2.99% 5 YEAR FIXED MORTGAGES - LOWEST EVER IN CANADA!

If you're coming up on your mortgage renewal, or looking to buy real estate this month, NOW is a great time to act!! 

BMO announced they are offering a limited time discounted 5 year fixed mortgage rate of 2.99%. This is the lowest mortgage rate Canadian's have ever seen. In order to compete, TD announced this week their ow ...

Mortgage changes !!

January 17th, 2011

If you haven't already heard the news Canada's finance Minister has proposed some additional changes to Canada's mortgage rules.  These changes are designed to keep home owners in their homes and to make sure they can really afford to own them.  Here are the changes:


1) Maximum Amortizations are going to be reduced to 30 years.  ( Currently 35 years, and prior to April 2010 was 40 years )

On ...

Barrie Real Estate Sales activity running at more normal levels in November

December 6th, 2010

Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc. remained below year-ago levels in November 2010, although the decline was smaller than it had been in the previous two months.

 

Residential sales numbered 273 units in November 2010. This is down 17 per cent from the strong November a year earlier. Activity stood well above leve ...

Sales Activity Stable in October

November 5th, 2010

Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc. remained well below last year’s record levels in October 2010, but edged up one per cent on a seasonally adjusted month-over-month basis. This follows consecutive gains of 10 per cent in August and September.

 

Residential sales numbered 277 units in October 2010, down 29 per cen ...

Contract Law

October 28th, 2010
Hey everyone, today I want to have a few words about the importance of never being to careful when it comes to real estate contracts.  It is important to have an agent that is detail oriented when it comes to not only offer negotiations but also amendments and other documents when dealing with other parties.  Today I was involved in a situation that could have cost another agent and their cli ...

Barrie Home Sales up in September

October 7th, 2010

Residential property sales recorded through the MLS® System of the Barrie & District Association of REALTORS® Inc. remained well below last year’s record levels in September 2010, but climbed on a seasonally adjusted month-over-month basis for the second consecutive month.

 

Residential sales numbered 332 units in September 2010, down 21 per cent from the record September last year. Seasonall ...

Why selling FSBO is less effective than using a Realtor

September 22nd, 2010
I often don't blame consumers for selling FSBO.  There are often circumstances that force home owners into this approach.  Sometimes they have had such a poor experience with a Barrie Real Estate agent and sometimes they just can't simply afford to pay the price to have this representation. Whether it be that they haven't owned the home long enough to gain equity, they have lost a job and nee ...

What is the MLS?

September 13th, 2010

REALTORS® compete with each other for your business, but at the same time cooperate to help you buy or sell property. That unique concept of cooperating while competing led to the creation of the Multiple Listing Service® (MLS®) 

What is the MLS®? Can only REALTORS® use it?

The MLS® is fundamentally a cooperative marketing system that helps the public buy and sell real estate. It’s a system f ...