May 2016: Massive Surge in Luxury Real Estate Demand in Georgina
Continuing the conclusions from last month’s report, higher-end and luxurious properties have played a consistent role in Georgina’s Spring Market....
May 2016: Slowing growth in price of homes for sale in Georgina
Georgina real estate price growth and volume charts
It appears as though the market has settled on a “new normal” average price for homes in Georgina, in the $500,000 range, and especially considering homes for sale in Keswick South. During April, the apex of the Spring Market, we witnessed price growth in the 10-20% range across the board in Georgina.
Georgina real estate infographic
Seeing the slowing price growth tells us that this price increase was likely the result of a clear Spring Market manifestation, a shift in the type of home being demanded in the market, with families playing a large role in the buying decision during the school year, aiming for summer closings, pushing first-time homebuyers, downsizers, and empty nesters out for the time being.
Click to view & download the full Georgina real estate market report
Daniel Foch
Foch Family Real Estate
461 The Queensway South,
Keswick, L4P2C9
Keswick, L4P2C9
Office:905-476-4337
Direct:905-251-5483
Real Estate
May 2016: Slowing growth in price of homes for sale in Georgina
It appears as though the market has settled on a “new normal” average price for homes in Georgina, in the...
May 2016: Steady Growth in Real Estate Sales Volume in Georgina
Homes for sale in Keswick continued to lead the way in regards to transaction volume for the month of May,...
10% of $500,000 - down payment regulation & Georgina Real Estate.
There's an old saying among circles in commercial real estate that goes something like this: If you want to live...
Neighbourhood Open House:
Sometimes You have to think outside the box, You need to think outside the Open House There are a few...
Walkability in Uptown Keswick
Late in 2015 I wrote this article about why neighbourhood walkability is going to play a large role in the...
Walkability in Jackson's Point
Late in 2015 I wrote this article about why neighbourhood walkability is going to play a large role in the...
Helping Grow Greener Communities: Sustainable Real Estate
via Scott Carter - University of Guelph Green business is alive at The University of Guelph’s College of Business and...
March 2016 Georgina Real Estate Market Report
Click here to download the full report in .pdf form I've been kind enough to include a Georgina MLS Neighbourhood...
TECHNOLOGY A DRIVING FORCE IN NEW HOME REAL ESTATE
From changes in Ontario’s Electronic Commerce Act that enable new home buyers to sign their Agreements of Purchase and Sale...
Land Transfer Tax
Buyers in most areas will have to add Land Transfer Taxes to their closing costs Land transfer taxes are a...
Making an Offer
When it comes time to make an offer, your Real Estate Sales Representative can provide current market information which will...
Mortgage Terms and Fees
Mortgage Term Over the course of your amortization period, you may have many different mortgages. The term is simply the...
Mortgage Types
Conventional and High Ratio Mortgages To qualify for a conventional mortgage, you simply have to have a 20% down payment...
