Well, it has been another wonderful month in the world of local real estate. According to the Barrie and District Association of REALTORS®, the number of residential sales in November has more than doubled that of November 2009. That is amazing! It was last fall, if you remember, when news of the economic crisis began. Similarly, the prices have been going up from last year. This November marked $86.9 million in home sales, which is up 110% from levels a year ago. In contrast, new residential listings in November was down 5% from November last year. Similarly, the number of active listings available for sale in November 2009 decreased significantly from 2008 during the same time period. I believe that given the economic status during the past year, many home owners have been more conservative regarding selling their homes. This not a bad thing, as it allows more homes that are listed to sell rather than become "expired" listings. This is also a factor in helping the market become more balanced. Again, to read the full article, as well as others about housing and the economy, click here.
Given the holidays are soon approaching, childern will be home from school and many parents will be home from work. If wondering how to spend what ever free time that there may be, there is a wonderful site at the Barrie Public Library, where you can find everything that is going on in the community. For that calendar, click here.
In the meantime, in case I don't write again next week, I hope you all have a wonderfully warm and happy holiday season, filled with much love and laughter!
Jamie
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