It became obvious as 2018 wound down that the recreational market place was not immune to what was happening on the broader economic front. Throughout 2018 borrowers in the Toronto and area market place were reluctantly pulling in their horns, forced to do so by rising interest rates and borrowing costs, mortgage stress testing, and a 15 percent foreign buyers tax. By the end of the year Toronto and area sales had (on a year-over-year basis) declined by approximately 15 percent and average sale prices were off by more than 4 percent. It is anticipated that 2019 will be a ...
Muskoka Real Estate Market Report 2018
January 28, 2019
Listing Your Muskoka Cottage Property for Sale
April 13, 2018
Important Factors to Consider When Listing Your Muskoka Cottage Property for Sale Selling your lake front vacation home is a major life event. Whether you are upsizing, downsizing or leaving the area, there are many variables to consider when listing your property. Who Best to Represent Your Waterfront Property? What to Look for in a Realtor: Length of Service - When a Realtor states they have “years” of experience. How many years is that exactly? The more time a Realtor has worked in the business, the more knowledge they should possess. It’s equally vital that this “seasoned” agent be ...