Karen’s Real Estate Blog
Your source for news & information about Southern Georgian Bay including
The Blue Mountains, Thornbury, Collingwood & Meaford.
What’s Happening, April 2022
The first warm days are upon us and with a few announcements from the Bank of Canada about interest rate increases, the spring market across Canada is seeing an uptick of listings, which is a welcome sight to buyers who have been waiting in the wings. Here in Southern...
What It Went For $2.503 Million
NP Homes, What it Went For, Mar 26 2022 what it went for $2.503 MILLION Co n n i e Adair The Blue Mountains 117 Aspen Way (The Blue Mountains) Asking price: $1.989 million Sold for: $2.503 million Taxes: 6,596 (2021) Bedrooms: 4+2 Bathrooms: 3+1 Square footage: 2,714...
Ontario government increases and expands foreign speculation tax
by Corben Grant on 31 Mar 2022 In 2017, the Ontario government introduced the Non-Resident Speculation Tax (NRST) as part of an attempt to slow a rapidly growing housing market in southern Ontario. Despite measures, the market has continued upwards even faster in...
Royal LePage 2022 Spring Recreational Property Report
Royal LePage 2022 Spring Recreational Property Report Royal LePage forecasts double digit gain in national recreational house price in 2022, as appreciation is expected to remain strong following a sizzling 27% jump in prices in 2021 Demand continues to outstrip...
Spring Home Maintenance Tips
Karen Willison on closing a deal with ‘lots of moving parts’
By Connie Adair -Mar 18, 20220 Multiple sellers and buyers, a lot of planning and many moving parts – the scenario may be common in industrial/commercial deals but not so much in the residential world. However, real estate agent Karen Willison of Royal LePage...
Canadians who want to age in place
Single-storey suite deemed most essential feature by Canadians who want to age in place; Royal LePage experts Survey highlights: 43% of survey respondents say a fully-equipped main-floor living space is essential for seniors planning to age in place 42% of respondents...
GTA home prices still forecast to rise 11 per cent in 2022 even with expected interest rate hikes: Royal LePage
Real estate brokerage Royal LePage says that the expected rise in interest rates in 2022 “may not be enough tooffset the significant upward price pressure” on homes, especially in the Greater Toronto Area where it expects the cost of the average property to go up by...
Mortgage rundown: 2022
Mortgage rundown: 2022 is go time for rate hikes. This quick-and-dirty playbook will help you pick the best term Our latest edition of Mortgage Rundown, a quick take on Canada’s home financing landscape from mortgage strategist Robert McLister. The Bank of Canada...
These are the kitchen trends designers say will be everywhere in 2022
By Julie Scagell December 25, 2021 If you’re building a new home or planning a kitchen remodel in the new year, you’re likely on the lookout for what’s trending in kitchen design. The kitchen is the heart of the home, the place where prepping, cooking, eating, and...
10 Home Design Trends That Are Leaving in 2022
10 Home Design Trends That Are Leaving in 2022 bySARAH LYON published 2 DAYS AGO Credit: Artazum/Shutterstock A new year is always time for a fresh start — and yes, that’s most definitely the case when it comes to home design trends. For better or for worse, not every...
Outside Toronto’s core, a market gone ‘haywire’
CAROLYN IRELAND Globe and Mail TORONTO PUBLISHED NOVEMBER 10, 2021 Talk of rising interest rates may create a spurt of buying in the real estate market as buyers rush to get in ahead of rate hikes. But rich prices across most of the country – combined with higher...