market conditions: March 2010 Georgian Triangle Real Estate Market Report - 04/04/10 08:01 AM
The month of March proved to be strong start to the spring market and potentially a sign of having put the recession fully behind us - at least for now.
Sales in the Georgian Triangle last month reached the highest level on record for any March since 2004 with a total of 200 MLS® sales in all areas serviced by the Georgian Triangle Real Estate Board for all types of properties.  Of the 200 sales, about 135 were single family homes and 24 were condominiums.  There were also 25 vacant land sales.  The number of new listings also climbed sharply with … (0 comments)

market conditions: February 2010 Georgian Triangle Real Estate Market Report - 03/01/10 11:12 AM
Real estate activity in February in Collingwood, Blue Mountain and area continued to show recovery over the picture we saw one year ago.
Sales in the Georgian Triangle in February, 2010 were up 39% compared to the same month last year when we were in the depth of the recession.  There were 107 sales of all types reported in our area in February but this was still well below the 139 sales reported in the same month in 2008.  The number of new listings for the month declined by 13% over a year ago with 347 new listings in February.
The … (1 comments)

market conditions: January 2010 Georgian Triangle Real Estate Market Report - 02/01/10 12:46 PM
I know it will not be a surprise to you to learn that real estate sales in Collingwood, Blue Mountain and area last month presented a far rosier picture than we saw one year ago.
Sales in the Georgian Triangle in January, 2010 were up 56% over the same period last year when we were in the depth of the recession.  There were 81 sales reported for January 2010 and 455 new listings representing a decline a just 2% over 12 months ago.
Sales in units have not yet returned to 2008 levels however, the 12 month average sale price continues … (2 comments)

market conditions: Real Estate Market Forecast for 2010 - 01/06/10 02:08 AM
Trying to do a forecast of what is likely to happen in the real estate market in 2010 for the Collingwood, Blue Mountain and Georgian Triangle area is a bit like playing at a roulette table.  There are way too many strategies, systems, odds and lucky omens to consider.
I've spent the better part of the last week tabulating, reading, crunching, analyzing and surmising.  You've already seen the data from 2009 over the last couple of posts.  Below are some of the things I've been studying that will impact our market over the next 12 months or so.
General Economics
Canada … (2 comments)

market conditions: What’s Happening With Real Estate Prices in the Georgian Triangle - 01/06/10 02:07 AM
Collingwood, Blue Mountain and Area Real Estate Prices Rising Again
First, a disclaimer:  Statistics can be dangerous things if they are not carefully and accurately assessed.  For example, our MLS® system uses average sale prices rather than median sale prices.  Neither is an exact science but when used comparatively, it gives us a general sense of trends only.  For example, the absence or presence of very low or very high-end sales can dramatically alter averages within small sampling groups.  Now having said that, I think we have a fairly safe picture emerging.  I've taken a look at the average sale prices … (0 comments)

market conditions: 2009 Year End Real Estate Report for the Georgian Triangle - 01/03/10 11:25 AM
2009 Real Estate Market Report for Collingwood, Blue Mountain and Area
What a year 2009 was in the real estate market. It was somewhat like driving in a snowstorm trying to sense the road ahead and having to make adjustments with each new gust.
First, a quick explanation about the data to follow. The Georgian Triangle area traditionally includes Collingwood, Blue Mountain, Wasaga Beach, Clearview, Grey Highlands and Meaford.  The data collected by our Georgian Triangle Real Estate Board MLS® however, captures a wider area that includes towns on the edges of our typical trading area. As I know most of … (2 comments)

market conditions: February 2009 Georgian Triangle Real Estate Market Report - 03/04/09 03:06 AM
The local real estate market for Collingwood, Blue Mountain and surrounding areas showed some minor improvement over the past month compared to the previous 3 months.  Overall, sales YTD are still well below last year by about 50% in the number of unit sales.
Following Januarys pattern, it was again interesting and slightly surprising to see that the number of new listings for the month was lower than in the previous year.  Typically, we expect to see an increase in listings during recessionary periods however, this decrease may signal general stability among homeowners not having to sell.
The following information was … (0 comments)

market conditions: Georgian Triangle Real Estate Market Report: January 2009 - 02/05/09 08:26 AM
The local real estate market followed national trends by posting the lowest number of monthly sales in over a decade.  The 46 sales reported in the Georgian Triangle last month represents a drop of 59% over January, 2008 and is lower than December 2008's 53 sales.
One interesting and slightly surprising trend is that, for the first time since March, 2008, the number of new listings for the month was lower than in the previous year.  For the fourth month in a row, there was a tiny uptick in consumer confidence being reported and, the North American governments have both passed stimulus … (1 comments)

market conditions: Is the Real Estate Boom Over In Canada? - 03/22/08 02:49 AM
Last Monday, Garth Turner's new book, Greater Fool:  The Troubled Future of Real Estate, came out in bookstores across Canada.  It got him some pretty good media coverage which is not a bad thing for a politician potentially facing an election this year.  Way to go Garth!
This former business editor and infomercial guy has a penchant for making predictions but so far, he's almost always been wrong.  Like in 1987 when he predicted a real estate recession was at hand.  Interestingly, in an article in last weeks Toronto Star, it says,
"... try to find a respected Canadian economist who buys into Turner's … (6 comments)

market conditions: How’s The Market? November Stats Are In - 12/04/07 04:32 AM
The Bank of Canada cut it's key overnight interest rate by a quarter of a point today  and it will be interesting to see how that may or may not impact our real estate market in the Collingwood - Blue Mountain area.
In the meantime, the November MLS® statistics from the Georgian Triangle Real Estate Board are in and sales volumes continue to exceed 2006 levels as expected.
Here are some highlights for the month of November:
- there were a total of 164 sales posted for the month compared to 136 in November ‘06- 135 of these sales were residential with the balance being … (2 comments)

 
Marg Scheben, Edey - Collingwood, Ontario (RE/MAX four seasons realty limited)

Marg Scheben

Edey - Collingwood, Ontario

Collingwood, ON

More about me…

RE/MAX four seasons realty limited

Address: 67 First Street, Collingwood, ON, L9Y 1A2

Office: (705) 446-1762

Mobile: (705) 446-5066

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