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

Summer's over

Many of you may know that during the Summer months, my Team and I run a Reading Club.  If a child reads a book and sends in a book report, we send them a $5.00 Chapters gift card.  This year we had 28 book reports from 12 children.  On behalf of our Team, I'd like to thank Lily and Ella M, Eric and Amanda M, Kristen, Ian and Ella L, Benjamin and Ian M, Claire, Jake and Kate for their wonderful book reports. When school began, we held a draw for those children who had submitted reports.  The child who won the draw received a $50.00 gift certificate from Scholar's Choice.  What fun!  It was wonderful to let Ella L know that she had won! 

We VERY much enjoy receiving these book reports, as we are able to give back, and it is lots of fun to see all the wonderful work the kids have done throughout the Summer.

My Team and I look forward to the Reading Club again next year!

Until next time,
Jamie