Spring is in the air in Southern Georgian Bay! While the lifts would still be turning at Blue Mountain Resort, if not for the provincial shutdown, and skiers and snowboarders would still be enjoying some slushy spring runs, the minds of many have turned to garden centres and patio furniture. Our newest blog post has some great tips for preparing your garden for the spring season.
The real estate market continues to be a hot one and properties are “flying off the shelves”. Many listed homes are receiving multiple offers, and with the low supply of properties for sale, the market continues to be in the Seller’s favour. You can see from our graphic below that the dollar value of sales and the average price of homes sold are up significantly from last year, and the number of days that a home stays on the market before being sold is considerably lower.
We’ve added a new feature to our Clairwood Connection Newsletter this month. Sometimes the terms that we use as REALTORS® are not familiar to our clients. The “What does that mean?” section will focus on a new real estate term each month to help clarify some of these terms.
We are still very excited about our beautiful new website ClairwoodRealEstate.com, and we think you will find all of the real estate information you need there.
If you are thinking of making a new beginning with a a property purchase in the Southern Georgian Bay area, you will benefit from working with one of our amazing REALTORS®. Give us a call at 705.445.7085 to connect today!
The real estate market in Southern Georgian Bay continues to roll at a blistering pace – here is our Market Snapshot for March 2021. To see the detailed Market Statistics for the Southern Georgian Bay Real Estate Market, click here.
What Does That Mean?
Each month we will focus on a real estate term to help clarify its meaning. This month we are focusing on “FINTRAC”.
When you buy or sell property in Canada, you will be required to provide your REALTOR® with proof of your identity, along with some other pieces of information like your occupation, and your bank account details if you were the Buyer. Real estate brokerages, and their sales people and brokers, are required to confirm the identity of parties to a real estate sale transaction by The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), an agency of the Government of Canada responsible for facilitating the detection, prevention and deterrence of money laundering, terrorist activity financing and other threats to the security of Canada. Real estate brokerages are required to report suspicious transactions, terrorist property and large cash transactions over $10,000 to FINTRAC. Real estate brokerages must report the receipt of a deposit on any property sale, and while Clairwood Real Estate does not accept cash for deposits, the parties to the transaction must provide proof of their identity, and the party giving the deposit must provide details of the bank account the funds came from in order for the FINTRAC analysis to be completed.
Check Out Our NEW Website!
We are very excited to launch our BRAND NEW website! If you are looking for a home to buy, or hoping to sell your home, or if you are searching for information and resources about the Southern Georgian Bay real estate market, visit our new website. Bookmark us for quick access to all the real estate information you need!
Read our Latest Blog
Spring Landscaping Projects for More Curb Appeal
As we watch the last bits of snow melt and see the tips of grass poking through our muddy yards, it’s not hard to start thinking about the lush green gardens we’d like to see this spring.
Real Estate News
- Canadian Real Estate Wealth Magazine: With spring upon us, remember not to waive home inspections – March 29, 2021
- Globe and Mail: Home buyers risk ‘big trouble’ in overzealous bidding – March 31, 2021
- CBC News: New round of inflation fears as investors demand higher rates – March 31, 2021
Together we make up a group of enthusiastic professionals eager to show you the possibilities of the Southern Georgian Bay real estate market. We use the most current tools and technology so we can meet your needs, whether they be investments or a dream home. With years of experience in real estate and the Georgian Bay area, we value our clients because we care about this area and the people who live in it. Click here to connect. We look forward to meeting you.
We love where we live and work and we know that you will love it too! Click here to check out the Community Profiles of the Southern Georgian Bay communities that we think are great places to live.
Click on the calendar to go to our listing of upcoming Open Houses.
Follow us on Social Media!
If you would like to receive the Clairwood Connection Newsletter in your inbox each month, fill out the form here.