Barrie’s Economic Outlook for 2010 is Improving
Barrie’s unemployment rate has dropped for the first time since April 2008 in the fourth quarter of 2009. Since the economy here has turned around at the end of the second quarter of 2009, fifteen hundred (1,500) full time jobs have been added. All of this is positive news for Barrie and the housing market in general. Spring looks as though it will be strong, a portion of people will want to be sold before the HST comes into effect. Do not panic about the HST, as it only affects on the commission of the sales representative and not the house price; but it will also be on legal fees, appraisals and home inspections. It is not going to add thousands of dollars to the bottom line amount, however it will add approximately two to three hundred dollars ($200 to $300) per deal.
If you are thinking of Selling and want free information call us direct at 705-791-5004.
Trevor Shaw
Sales Representative for Re/max Chay Realty Inc., Brokerage
Independtly Owned and Operated
Cell: 705-791-5004
OFC: 705-722-7100
Steward Says:
Good to see that things are beginning to look up for Canadian realty. Another good example of how the economy might be on the road to a recovery can be see by looking at the Clagary real estate market, which has seen a increase in the number of homes being build. Not only does this bode well for those who are employed construction, but it also serves as a good sign that consumer demand has returned as supply is increasing to meet it.
Posted on January 29th, 2010 at 7:54 pm
Jordan Trimarco Says:
Thanks for the interesting content!!!
Posted on August 20th, 2010 at 10:47 pm