We’ve entered the last quarter of the year, it's hard to believe we are almost at the end of 2010 already! In the Real Estate world, home sales have been stable since the third quarter of this year. The average price for homes sold in Barrie and District over the past ten months is up seven percent from the first ten months of 2009. What’s next? Will the market continue to be stabilized? Well here’s an update on sales activity for October in Barrie and District.
Since August 2010, residential property sales have consistently increased, edging up one percent in October over steady increases in August and September, on a seasonally adjusted month-to-month basis. However, the data also shows residential sales remained below last year’s record levels for the month of October. These records are from the MLS® System of the Barrie & District Association of REALTORS® Inc.
According to the President of the Barrie and District Association of REALTORS®, Catherine Gabe, the Real Estate sales market is now calmer as compared to early this year and buyers seem to be taking their time in making their buying decisions. To read more about the figures of real estate sales, click here.
At the present time it seems like we’re looking at a continuous balance of supply and demand in the real estate market, although in comparison to last year at this time sales remain lower than those record levels.
Until next time,
Jamie
Showing posts with label Barrie and District Association of Realtors. Show all posts
Showing posts with label Barrie and District Association of Realtors. Show all posts
Tuesday, November 16, 2010
Tuesday, November 2, 2010
Real Estate Sales for September
We’re already in the last quarter of the year. How are real estate sales so far? Here’s an update.
Residential property sales have remained almost the same as last month, rising 9 percent on a seasonally adjusted month-over-month basis. However, sales are still down by 8 percent from last year’s sales records.
The MLS® System of the Barrie & District Association of REALTORS® Inc. has recorded that the average price of homes sold was up 8 percent from last year for the period of January to September. New listings were recorded to be up by 5 percent as per year to year listings. For more figures and trending data, click here
According to the President of the Barrie and District Association of REALTORS®, demand for high end properties remained strong while demand has slowly weaken in low and mid-priced properties.
Similar to the past months, there is still a market balance between supply and demand. So far trends have been the same yet we should still look forward to what lies ahead in real estate sales until end of this year.
Until next time,
Jamie
Residential property sales have remained almost the same as last month, rising 9 percent on a seasonally adjusted month-over-month basis. However, sales are still down by 8 percent from last year’s sales records.
The MLS® System of the Barrie & District Association of REALTORS® Inc. has recorded that the average price of homes sold was up 8 percent from last year for the period of January to September. New listings were recorded to be up by 5 percent as per year to year listings. For more figures and trending data, click here
According to the President of the Barrie and District Association of REALTORS®, demand for high end properties remained strong while demand has slowly weaken in low and mid-priced properties.
Similar to the past months, there is still a market balance between supply and demand. So far trends have been the same yet we should still look forward to what lies ahead in real estate sales until end of this year.
Until next time,
Jamie
Wednesday, September 15, 2010
Real Estate Update
I wanted to give you an update on real estate sales for August in Barrie - residential property sales increased in August as compared to July, but still remained 16 percent lower as compared to August 2009. The MLS® System of the Barrie & District Association of REALTORS® Inc. has also noted the decline of new listings by 3 percent as compared to last year, however this has been the trend in recent months as the demand has lessened as well.
According to the president of Barrie & District Association of REALTORS®, home purchases made from late last year to early this year somehow caused the downward trend of sales this spring and summer. However, they are still positive that the demand in home purchases are making a comeback due to an increase in sales last month. For more figures and trending data, click here.
Similarly to what was reported in the July sales, there is still a healthy balance between the supply and demand with new listings and sales, however this trend can still change. We will have to watch what the sales are in the coming months until end of the year.
Until next time,
Jamie
According to the president of Barrie & District Association of REALTORS®, home purchases made from late last year to early this year somehow caused the downward trend of sales this spring and summer. However, they are still positive that the demand in home purchases are making a comeback due to an increase in sales last month. For more figures and trending data, click here.
Similarly to what was reported in the July sales, there is still a healthy balance between the supply and demand with new listings and sales, however this trend can still change. We will have to watch what the sales are in the coming months until end of the year.
Until next time,
Jamie
Friday, February 12, 2010
Coping with Divorce and Separation
In these days of high stress, caused by busy lives and economic struggles, unfortunately, many couples are finding it difficult to cope. As a result, the divorce rate remains high in this country. The interesting, and sad, thing about divorce and separation, is that the event effects so many different facets of a person's life. Not only are living expenses compromised, but investments, and insurance plans need to be reviewed. Any property needs to be divided. Although the couple is separating, this last task needs to be handled by both partners. Even if only one Seller is on the title, the other person in the relationship has to sign off on any of the paperwork if we are talking about the matrimonial home. How difficult a task it would be, to work with someone with whom you are ending a relationship?
It is important that emotional needs of all the family members are cared for as well. Sometimes parents will say "My kids are doing just fine," when in fact they are struggling privately. Kids often are confused, feel pulled between parents, feel responsible and don't know where to turn. Children who have behavioural changes often get help, but what about those who keep their emotions bottled up? It is extremely difficult to care for the emotional needs of children when a parent is going through their own emotional struggles.
Now, you might be wondering why a REALTOR® is writing about these issues. They are important to me, as I spent many years working with families such as those I've described. Recently, a group of professionals: myself, a financial planner, an insurance specialist, a family therapist, and the national director of Rainbows Canada, have come together to help families in this situation transition as smoothly as possible. By working together as a group, we are able to support individuals during a very difficult time in their lives. (For those of you who don't know, Rainbows is an international not-for-profit organization that fosters emotional healing among children grieving a loss from a life-altering crisis.)
If you know of someone in this position, please let them know that they can receive a free resource guide by phoning Family TLC at 705-737-3513.
To read an article that recently appeared in one of the local papers, click here. Also, if you would like to learn more about Rainbows, click here.
It is important that emotional needs of all the family members are cared for as well. Sometimes parents will say "My kids are doing just fine," when in fact they are struggling privately. Kids often are confused, feel pulled between parents, feel responsible and don't know where to turn. Children who have behavioural changes often get help, but what about those who keep their emotions bottled up? It is extremely difficult to care for the emotional needs of children when a parent is going through their own emotional struggles.
Now, you might be wondering why a REALTOR® is writing about these issues. They are important to me, as I spent many years working with families such as those I've described. Recently, a group of professionals: myself, a financial planner, an insurance specialist, a family therapist, and the national director of Rainbows Canada, have come together to help families in this situation transition as smoothly as possible. By working together as a group, we are able to support individuals during a very difficult time in their lives. (For those of you who don't know, Rainbows is an international not-for-profit organization that fosters emotional healing among children grieving a loss from a life-altering crisis.)
If you know of someone in this position, please let them know that they can receive a free resource guide by phoning Family TLC at 705-737-3513.
To read an article that recently appeared in one of the local papers, click here. Also, if you would like to learn more about Rainbows, click here.
Wednesday, December 9, 2009
November stats & Happy Holidays!
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
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
Sunday, November 22, 2009
Barrie Stats and More...
It's been a while since I've posted... Busy couple of weeks. To improve my service to my clients, I've recently hired a non-licensed assistant/client care manager, named Terri Tracey. She has had a great deal of experience working in an office setting, and dealing with the public. Terri and I look forward to working together to continue to bring high quality service to all of our clients.
In addition to that, last week, I attended the Real Estate Update course. As REALTORS®, we take this course every two years to make sure that we are all staying current on what is happening in our industry. Not only is it informative, it is a great way to touch base with other REALTORS® in the community, with whom I work on a daily basis. One thing I really enjoy about working in Simcoe County, is that it is a fairly small community (as compared to the GTA). We get to work with great colleagues from all of the different offices around the area.
Then, on Friday, I attended another seminar, to again further my knowledge in building systems into the way I work. By having outlined systems, we are then able to ensure that every step is taken care of for each client - nothing gets missed. By doing this, I'm then able to concentrate on each client's unique needs.
That, along with client matters has kept me very busy.
In relation to actual Real Estate news, I'm VERY pleased to have recently read the October 2009 Statistics from the Barrie and District Association of REALTORS®. This past October marked the highest level of sales on record for the area served by our Board. The sales activity jumped 39% from last October, in addition to being the 5th consecutive increase from previous year's levels. This is great news for those who want to make a move, and great news for our economy!
To read the full report, as well as other reports that talk about employment trends, interest rate changes, consumer confidence and migration, click here .
Until next time! Jamie
In addition to that, last week, I attended the Real Estate Update course. As REALTORS®, we take this course every two years to make sure that we are all staying current on what is happening in our industry. Not only is it informative, it is a great way to touch base with other REALTORS® in the community, with whom I work on a daily basis. One thing I really enjoy about working in Simcoe County, is that it is a fairly small community (as compared to the GTA). We get to work with great colleagues from all of the different offices around the area.
Then, on Friday, I attended another seminar, to again further my knowledge in building systems into the way I work. By having outlined systems, we are then able to ensure that every step is taken care of for each client - nothing gets missed. By doing this, I'm then able to concentrate on each client's unique needs.
That, along with client matters has kept me very busy.
In relation to actual Real Estate news, I'm VERY pleased to have recently read the October 2009 Statistics from the Barrie and District Association of REALTORS®. This past October marked the highest level of sales on record for the area served by our Board. The sales activity jumped 39% from last October, in addition to being the 5th consecutive increase from previous year's levels. This is great news for those who want to make a move, and great news for our economy!
To read the full report, as well as other reports that talk about employment trends, interest rate changes, consumer confidence and migration, click here .
Until next time! Jamie
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