The February market update indicates sales and inventory metrics of both on and off-water properties during the current period fell below the typical benchmark. Although waterfront listing levels exhibited some growth, off-water residential listings remained unusually low. An analysis across the Lakelands Board, comprising Lakelands West, Lakelands Central, and Lakelands…
As we delve into the Muskoka real estate market in January 2023, it becomes apparent that both off-water residential properties and waterfront properties are exhibiting a decline in sales with an increase in the number of listings available. This trend continues from the last quarter of 2022. While it is…
Muskoka and Lake of Bays are beautiful regions in Ontario, Canada, with plenty of fun activities to enjoy with family and friends. Here are ten fun things to do in Muskoka and Lake of Bays this Family Day weekend: Ice skating: Lots of outdoor skating rinks throughout the area.…
Muskoka is a stunning destination, famous for its natural beauty and outdoor recreation opportunities. This region boasts crystal-clear lakes, towering forests, and Canadian Shield granite outcroppings, offering a picture-perfect setting for those seeking a cottage escape. If you're considering buying a cottage in Muskoka, you're in for a treat!…
This year's hot home trends are fun and exciting - all about self-expression, encouraging you to go bold with colour. The colour of the year, Viva Magenta, allows you to experiment and free your self-expression. Other trending 2023 colours are green, blue, paprika, and raspberry blush. There are lots of…
Stigma definition Properties with a stigma are frequently a source of confusion for both sellers and purchasers. There are grey areas in the categorization of stigmatized property. "A property that a buyer or the general public thinks is less desirable because they think or believe that there are fewer people…
Groundwork Gather all your financial paperwork – bank statements, credit card statements, pay stubs, and loan documents. Your mortgage professional will want to see all your financial documents when making your loan application. Choose Your Realtor Sign a Buyer Agency agreement with your realtor. Make sure you choose an experienced…
When selling a home, most people know they sign a Listing Agreement with a realtor. There is, however, an agreement that realtors ask their buyer clients to sign when they decide to buy a home or cottage. The first step is finding a realtor who knows the area…
Increases in interest rates took a toll on waterfront and non-waterfront sales activity throughout the Lakelands Association Real Estate Board in December. Non-waterfront sales posted 38% lower than in December 2021. Waterfront sales activity in December dropped to its lowest level since 2008, posting a drop of 51% from December…
There is no perfect cottage. You always need to give up something. Consider what is a non-negotiable must-have and what would be nice to have as you start your search. With this in mind, here are the first four things to consider when buying a cottage. 1. Location, location,…
Keep your emotions in check It is important not to let emotions influence decisions when it comes time to list and sell your home. There will be many emotions and memories if you have lived in the home for a while and raised your family there. It is…
Waterfront and non-waterfront unit sales saw an overall decrease from November 2021. Buyers are adjusting to the new reality of higher interest rates as sellers adjust their pricing expectations. There is a good supply of inventory, considering the time of the year, with the market slightly in favour of buyers…