Municipalities (cities, towns, regions, etc.) are more than just a place to live. They're a firm within the economy, and like every other firm in the economy, they want to sell you something. The way that they sell you something is through a supply chain that starts with the land registry system and ends with … Continue reading Firms exist to make profit. Towns exist to make progress.
A Tale of Two Shores - Chapter 2 See Chapter 1: How the GO Train may not change the future of Innisfil vs. Georgina The first point of fascination for me in regards to these two municipalities is that they're functionally very similar, and a small detail in their past has made them ever so … Continue reading A tale of two shores – They’re called “Skilled” trades for a reason. [Innisfil vs. Georgina]
Stuck on the Highway It's just a cultural norm in the GTA that you can send a text and just say "stuck on the highway" and you're automatically excused from being late. In the GTA, it seems that housing capital migration is "stuck on the highway", too. I had to spit out my conclusion quickly … Continue reading How we move: regional migration patterns along provincial highways
Q: What is the best investment that you can make in real estate today? A: Residential income property located on a major arterial road within the secondary plan of a small town in the GTA. I work with a lot of small-cap investors, and I get asked this question regularly. I'm typically reluctant to answer … Continue reading Small-cap investors: What’s the best investment you can make today?
Real estate supply & demand I've been writing a lot about demand factors lately, and perhaps that's a function of the buyer's market we're currently in. So, as an aside, I will be releasing my Summer 2019 market report sometime within the next few days, but here's a teaser infographic reiterating that we are, in fact, in … Continue reading WTF is a buyer’s market?
by Scott Carter Green business is alive at The University of Guelph’s College of Business and Economics. The college’s mission – to develop and be ‘leaders for a sustainable world’ – runs through its students, researchers, and alumni. In 1993, the College introduced a unique undergraduate program focusing on the real estate and housing market. … Continue reading Helping Grow Greener Communities: Sustainable Real Estate at the University of Guelph
For the complete Georgina Real Estate, Home Sales & Pricing Report visit Foch Family Real Estate.
York Region, Ontario had a total dollar volume of $660,347,405 worth of real estate traded so far in 2015. The average price of a home is $778,712 and the median price of a home is $710,000 The average sale to list ratio this year is 100% and properties are on market for an average of 23 days. There have been 753 new listings so far this year in YORK REGION Currently, there are 2807 active listings in the area.
The new federal legislature requiring a 10% downpayment for homes over $500,000 will cause several positive economic externalities for Georgina's real estate market.
Everyone hates tax. And even more so, everyone hates substantial increases in tax. It's no secret that real estate professionals are not supporters of excessive land transfer tax. It costs our clients more money, and it redirects the natural course of the market. Currently, Toronto is the only municipality in Ontario that has a municipal … Continue reading What Wynne’s new land transfer tax means for the real estate market.