Two Great Months of Sales in the Barrie Real Estate Market
After two excellent months of sales in the $250,000 and under price range we are short on inventor in the price range; not the other ranges. If you are thinking of selling & your home is worth under the $250,000 mark, now is the time to list. If you are a 1st time home buyer, be patient, there is deals out there but not many. Watch the new listings and act fast or they will be gone.
CMHC followed suit with the Government of Canada and stopped the ability of Investors to buy with 5% down; it must now be 20% down, but still better than it was 2 years ago where it was at 25% down. On a $200,000 a downpayment would be $40,000 instead of $10,000. A big difference!
You may be leary that interest rates will rise after July… THEY WILL!! Not significantly but they will go up in tiny amounts at a time as not to shock the market. Do not let rates scare you!
Remember, if you are not sold in 3 weeks, REDUCE REDUCE REDUCE!!
Call Trevor Shaw at (705) 791-5004 to get the results you want!!
I deal within Barrie, Innisfil, Essa, Springwater, Oro and all around so don’t be shy! I’m just a phone call away to help you out in any way that i can!