Our team is the leading authority in selling or purchasing rural/waterfront real estate in the Kawarthas, and the Highlands! ”Looking to earn your real estate business by bringing you local knowledge, representation and service!” 705-927-6236 or bradsinclair.ca
Friday, June 28, 2013
Thursday, June 27, 2013
Tuesday, June 25, 2013
Government of Ontario passed the 2013 provincial budget INCLUDING OREA’s proposal to amend the Electronic Commerce Act (ECA), 2000
On June 11, the Government of Ontario passed the 2013 provincial budget. Included in the budget is OREA’s proposal to amend the Electronic Commerce Act (ECA), 2000. Once proclaimed, this amendment will give REALTORS® and consumers the confidence to use modern technology that will make transactions more efficient and accessible. Follow the link for OREA’s press release.

Getting the amendment into the budget is a significant accomplishment for OREA and REALTORS®. Every year dozens of organizations lobby the government during pre-budget consultations. This year OREA was one of a very select group of organizations who were successful in their efforts. OREA’s success on electronic signatures speaks to the strong advocacy campaign the association has coordinated over the past year with the help of hard working volunteers from the real estate boards across Ontario.
Of note, the government has included a section along with the amendment that says it will come into force upon proclamation. As a result, electronic agreements of purchase and sale will not benefit from the legal protections of the ECA just yet. This section is meant to give the government time to talk with various stakeholders, including OREA, about any security measures that might be useful to put in place in anticipation of its coming into force.
OREA staff will be working with the government in the coming months to get this important amendment proclaimed into law.
Inspiration for the amendment comes from a private member’s bill introduced jointly by Prince Edward-Hastings MPP Todd Smith and Ottawa Centre MPP Yasir Naqvi (now Minister of Labour) in May 2012.
OREA thanks Minister Naqvi, MPP Smith and Attorney General John Gerretsen for championing this issue on behalf of REALTORS® and consumers. OREA would also like to thank Minister Sousa and Premier Wynne for including this important amendment in the 2013 Ontario Budget.
After passing the budget the legislature adjourned for the summer until September 9.
- See more at: http://www.oreablog.com/2013/06/realtors-applaud-passage-of-electronic-signature-amendment-as-part-of-ontario-budget/#sthash.Qg5hZHxW.dpuf
Getting the amendment into the budget is a significant accomplishment for OREA and REALTORS®. Every year dozens of organizations lobby the government during pre-budget consultations. This year OREA was one of a very select group of organizations who were successful in their efforts. OREA’s success on electronic signatures speaks to the strong advocacy campaign the association has coordinated over the past year with the help of hard working volunteers from the real estate boards across Ontario.
Of note, the government has included a section along with the amendment that says it will come into force upon proclamation. As a result, electronic agreements of purchase and sale will not benefit from the legal protections of the ECA just yet. This section is meant to give the government time to talk with various stakeholders, including OREA, about any security measures that might be useful to put in place in anticipation of its coming into force.
OREA staff will be working with the government in the coming months to get this important amendment proclaimed into law.
Inspiration for the amendment comes from a private member’s bill introduced jointly by Prince Edward-Hastings MPP Todd Smith and Ottawa Centre MPP Yasir Naqvi (now Minister of Labour) in May 2012.
OREA thanks Minister Naqvi, MPP Smith and Attorney General John Gerretsen for championing this issue on behalf of REALTORS® and consumers. OREA would also like to thank Minister Sousa and Premier Wynne for including this important amendment in the 2013 Ontario Budget.
After passing the budget the legislature adjourned for the summer until September 9.
- See more at: http://www.oreablog.com/2013/06/realtors-applaud-passage-of-electronic-signature-amendment-as-part-of-ontario-budget/#sthash.Qg5hZHxW.dpuf
2013 Remax Recreational Property Report
The Kawarthas:
Extensive rain and some flooding hampered recreational property
sales out of the gate in 2013, impeding showings and dampening
overall enthusiasm. Yet, improved conditions in recent
weeks have bolstered intentions and the momentum is now in
line with last year’s levels. Three-hundred and eighty-six recreational
properties changed hands in the East Kawarthas over
the past 12-month period (May 2012 to April 2013), compared
to 388 during the same period one year earlier. While prices
have remained relatively stable, average price climbed slightly
to $369,000 from $357,000. Buyer confidence has been a factor
and affordability continues to bolster demand in the area.
Entry-level properties remain most coveted, with those listed
under $300,000 moving best. Given the recent trend toward
retirement living, many purchasers are willing to ante up
for turnkey, four-season properties. Renovation continues unabated,
as owners add square footage or enhance the quality
of existing cottage product. In traditional fashion, Buckhorn,
Pigeon and Chemong Lakes are drawing solid interest, with
cottages priced from $250,000 to $600,000 moving well. While
Stoney and Clear Lakes tend to host the East Kawarthas’ most
prestigious recreational getaways, the most expensive sale so far
this year was recorded at Mississauga Lake for $1.6 million.
The appeal?—clear water, good fishing and greater privacy.
Th e starting price for a typical, three-bedroom, winterized recreational
property on a standard one-third to a half-acre lot
remains unchanged at $300,000. Days on market has held up,
hovering around 90 days. Overall, the market for recreational
For the full report click below:
Full Report Here
Rising confidence levels, lower values, and
favourable supply spark buyer enthusiasm
in
Canadian recreational property markets, says RE/MAX
77 per cent of recreational markets reported
stagnant starting prices or a year-over-year decline
Summer has finally arrived and its impact is evident
on recreational property markets across the country. Greater stability is returning to this
segment after several years of slow growth, with close to 70 per cent of
markets expected to match or exceed 2012 sales by year-end.
With buyer enthusiasm climbing, many markets have
experienced a rebound in activity in recent months.
The shift can be attributed to six major factors:
1.
Confidence is growing in
overall economic performance.
2.
Selection of recreational
product is at its best level in recent years.
3.
Prices have softened in many
Canadian markets.
4.
Paper wealth accumulated in the
stock market in recent years is making its way into recreational property
markets.
5.
Purchasers are bypassing
tighter financing criteria through HELOCs (Home Equity Line of Credit) on their
principle residence.
6.
Increased foreign and
out-of-province investment.
Signs of change have emerged in recreational hotspots
nationwide. Deals are coming together
with greater ease, with more buyers and sellers reported to be on the same
page. Multiple offers have been noted in
some Muskoka markets. Luxury sales have
experienced an uptick in a number of recreational communities in Ontario,
including Prince Edward County, Collingwood, Honey Harbour, Grand Bend,
Haliburton, and Innisfil to Oro. Given
the steady momentum of today’s market, there are indications that 2013 could
emerge as the turning point—suggesting the window of greatest opportunity is
likely drawing to a close.
Baby boomers continue to fuel the lion’s share of
demand, securing properties for family enjoyment and/or with an eye to
retirement down the road. More mature
boomers are opting for existing and proposed residential development on the
waterfront, offering all the comforts of home, but none of the upkeep. Ontario’s Huntsville and
Midland/Penetang/Tiny/Tay are prime examples.
Full-time living is on the upswing, and as a result, this demographic is
fuelling the growing trend toward renovation.
Teardown activity has subsided in many markets as
fewer ‘traditional cottages’ are listed for sale. The rising cost of construction—and added
HST—has also served to increase the appeal of resale recreational cottages,
second homes and chalets. There are some
exceptions, as new builds continue unabated in some Ontario markets including
Grand Bend, Bala/Port Carling, Midland, Innisfil to Oro, and throughout Eastern
Ontario, as well as in Shediac Bay, New Brunswick and the Newfoundland Coast
(East).
Value continues to be a key driver, with momentum
strongest at the entry-level price points—between $250,000 and $500,000. With starting prices down or unchanged in 77
per cent (24/31) of markets examined in 2013, a great deal of opportunity
exists for those ready to secure a recreational getaway. Regardless of the type of product or price
point, it’s clear that favourable conditions and confidence have bolstered
interest and intentions this year. The
stage is set for a solid 2013 performance.
Thursday, June 13, 2013
Flaherty says "the uncertainty ends today"
We are being told the Pickering Airport is a go. Finance Minister said on Tuesday the 7500 hectares that was taken from Pickering residents four decades ago will finally proceed to become an airport.
Additional land will also be set aside for economic development, and Flaherty says Ottawa will consult with community and business groups to figure out what to build. I hope that this is the case.
I personally have mixed emotions on this development. I think the economic impact for Peterborough will be huge. However, the environmental cost to wildlife, farm lands and wetlands must be considered as well.
This all said, the government has made the decision and work will start immediately. According to Flaherty it will take 10 years to construct the lower quadrant of lands for the airport.
No cost has yet been assigned to the construction of the airport.
Take a look at this blog about the protest since 1972. Click here
Additional land will also be set aside for economic development, and Flaherty says Ottawa will consult with community and business groups to figure out what to build. I hope that this is the case.
I personally have mixed emotions on this development. I think the economic impact for Peterborough will be huge. However, the environmental cost to wildlife, farm lands and wetlands must be considered as well.
This all said, the government has made the decision and work will start immediately. According to Flaherty it will take 10 years to construct the lower quadrant of lands for the airport.
No cost has yet been assigned to the construction of the airport.
Take a look at this blog about the protest since 1972. Click here
Wednesday, June 12, 2013
Thank you still in order for GE but also a thank you to the community of Peterborough and the Fisher Family for fountain.
After reading the article in the Examiner about GE giving the Centennial Fountain to Peterborough in 1967, it turns out there is more to the story.
According to the Peterborough Examiner it was Frank Fisher who came up with the idea of the fountain, with Bill Fisher leading the design committee and Ches Fisher leading the fundraising committee.
The cost of the original fountain in 1967 was around $30,000.
Current management at GE was under the impression GE donated the fountain but can not find anyone or any documentation saying so. That said GE is still pleased that they are in a position to fund the current refurbishment.
According to the Peterborough Examiner it was Frank Fisher who came up with the idea of the fountain, with Bill Fisher leading the design committee and Ches Fisher leading the fundraising committee.
The cost of the original fountain in 1967 was around $30,000.
Current management at GE was under the impression GE donated the fountain but can not find anyone or any documentation saying so. That said GE is still pleased that they are in a position to fund the current refurbishment.
Dinosaurs Return @ Indian River Reptile Zoo
Once again Re/Max is teaming up with the River Reptile Zoo to bring the world’s prehistoric dinosaurs back to life! (well as close to alive as possible)
The event was enormously successful in 2012. Visitors came in droves to view life sized, animatronic dinosaurs which took the naturalistic hillside by storm to engage the crowds and our community.
As a sponsor I am offering $5 vouchers per person. If you would like the vouchers give me a call! 705-292-9551
The event was enormously successful in 2012. Visitors came in droves to view life sized, animatronic dinosaurs which took the naturalistic hillside by storm to engage the crowds and our community.
As a sponsor I am offering $5 vouchers per person. If you would like the vouchers give me a call! 705-292-9551
Tuesday, June 11, 2013
General Electric steps up for Peterborough again.
Centennial Fountain in Little Lake needs to be repaired. The cost to repair to Peterborough was estimated at $90,000. That money was already approved by council to spend on the fountain but last night according to the Peterborough Examiner (Brendan Wedley), GE made the commitment to pay for the repairs.
The fountain was actually a gift to the city from GE in 1967. At that time the gift was a significant contribution to the city and the covering the cost of repairs is just as significant. Thank you GE.
The fountain was actually a gift to the city from GE in 1967. At that time the gift was a significant contribution to the city and the covering the cost of repairs is just as significant. Thank you GE.
Wednesday, May 22, 2013
Wednesday, May 8, 2013
How to Discourage Buyers from Buying Your Home on Purpose
If you're listing your home for sale, then of course you’ll want to make
the best impression possible on potential home buyers. But, just to have a
little fun, say you don't want to
sell your property. What could you do to discourage those who view your home?
Well, you could have your pets in the home during viewings. That will
certainly make it uncomfortable for some buyers – especially those with pet
allergies.
You could also leave personal items around, such as family pictures and
trophies. That will make it more difficult for a buyer to imagine himself and
his family living there. It might even make him feel a bit like an intruder!
Clutter in bedrooms, closets and other areas of the home will make those
spaces feel less spacious than they really are, as well as make visitors feel
uncomfortable.
If you really want to turn off a buyer, then put off doing any minor
repairs. A dripping tap, flickering light, dent in the wall, or other
maintenance issues are certain to gain a buyer's attention.
If all that doesn't shoo away a buyer from your home, then stick around
during a viewing and follow him and his family from room to room. That will
certainly make him feel uneasy.
Of course, we're just having a bit of fun here. When you put your home on
the market, you want to sell it.
It’s easy to avoid all the pitfalls described above and ensure potential
buyers appreciate the full value of your home.
So when you’re preparing for a showing, think of ways you can make your
property appear its best, and make the buyer feel welcomed and comfortable
viewing it.
Want more ideas on how to sell your home quickly and for the best price?
Call today.
Doubling Your Storage Space (While Using the Same Space)
Finding storage space in the home is becoming
increasingly challenging. These days, we all just seem to have more stuff!
Fortunately, you don't necessarily need to
rent a storage locker or add a new room to your home to fit everything. There
are many innovative ways to increase the capacity of the storage space you're
already using.
For example, there are storage bins you can
buy that are designed to fit neatly under a bed. Some have wheels, making the
bins easy to pull out and access.
You've probably seen closet organizers at
your local home improvement centre. These can easily double the storage
capacity of a closet, while making the space look neater and more organized.
Finally, there are storage units available
that are camouflaged as something else, such as an ottoman.
Visit your local home improvement centre.
There are many more innovative storage solutions available for your home.
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