Home Ownership Tips

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Home Ownership Tips Bank of Canada pauses rate hiking cycle, what does this mean for prices in Grey Bruce? The affect of rate hikes on the market The Bank of Canada paused its hiking cycle, maintaining its overnight rate at 5% as announced at their September meeting on Wed, September 6th. The decision to pause was based on evidence that access demand in the economy is easing.  Since early 2022, the BoC has increased […]
Home Ownership Tips Thinking of selling your Owen Sound/Grey Bruce home in 2023? Here’s what to expect Thinking of selling your Owen Sound/Grey Bruce home in 2023? Here’s what to expect: Updated Sept 7, 2023 As we enter into the fall market of 2023, what should I expect if I am thinking about putting my home up for sale in the Owen Sound and Grey Bruce Area? That’s a great question, and […]
Home Ownership Tips Is the real estate market going doing in Owen Sound & Grey Bruce? Is the real estate market going doing in Owen Sound & Grey Bruce? We’ve all been inundated with news stories about interest rates, inflation and prices falling but what’s really happening on the ground right here in Grey Bruce?  Let’s start with prices:  The median price in Grey Bruce was $700,000 up 18.5% from last […]
Home Ownership Tips What to do before selling? 3 things to do to maximize sale price What to do before selling? 3 things to do to maximize your sale price! My name is Tim Matthews and I am a Real Estate Agent in the Owen Sound & Grey Bruce area. What to do before selling? If you are planning to sell in the next year, here are three things I think […]
Do I have to pay capital gains tax if I sell my house before living there one year? Do I have to pay capital gains tax if I sell my house before living there one year? If you’ve sold Real Estate recently you’ll need to make sure you report it on your upcoming taxes. If the property you sold was your principal residence, you won’t have to pay capital gains tax on it […]
Home Ownership Tips Six trends to predict the housing market Six trends to predict the housing market   Here are six things we can keep on eye on to try and determine which direction the housing market could be heading. 1. The news – News companies thrive on trying to predict the future and while they sometimes over state things, oftentimes it can be a […]
Home Ownership Tips Do you have to pay tax on vacant land sales in Ontario? Do you have to pay tax on vacant land sales in Ontario? To answer this question it has to be broken down into two categories, Capital gains tax and HST.  In general you do have to pay a capital gains tax, however HST is not often applicable. Watch the video below as local accountant Adam […]
Home Ownership Tips What does blind bidding mean? What does blind bidding mean? The Federal Liberal Government recently announced its plan to put forth a buyer’s bill of rights that would ban the practice of blind bidding in real estate. On the Surface eliminating blind bidding would probably seem like a good thing but would it really be? In this blog I’ll explain […]
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Mortgage Questions & Answers As a first-time homebuyer or even if you are looking for your next home, you may have a lot of questions about the buying process. Here are some common questions about mortgages. Should I rent an apartment or buy a house?  It depends on both lifestyle and financial factors. Do you have a nomadic lifestyle, […]
Is the Real Estate Market cooling in Grey Bruce Owen Sound? Is the Real Estate Market cooling in Grey Bruce Owen Sound? By Tim Matthews, Broker with Century 21 In Studio Realty.  Is the market starting to slow down again in Grey Bruce Owen Sound (GBOS)? The stats would say yes, but it’s hard to say if this is just a seasonal/cyclical summer slow down that […]
Home Ownership Tips Wartime Housing in Canada and Ontario Wartime houses are a Canadian legacy from the 20th century. The importance of these modest houses was acknowledged by Canada Post in 1998 with the “Veteran’s House” stamp. This blog post will give some background about the history and architecture of wartime housing. When were they built? Between 1941 and 1947, a federal crown corporation […]
Home Ownership Tips Do you need to pay HST on vacant land sales? Do you need to pay HST on vacant land sales? In this video local accountant Adam Vander Duim Gives some helpful tips. Need to connect with an accountant? you can contact Adam here. Want to chat about Real Estate?  Let’s Connect!  
Should I hire a paralegal to help me as a landlord? Should I hire a paralegal to help me as a landlord? Yes. Paralegals specialize in helping landlords and tenants in Ontario. If you have to file for an eviction, any simple mistake can get your case thrown out. A paralegal can save you time, money and a lot of heartache. In this video Kara, Paralegal […]
How should I decide what renovations to do? How Should I decide what renovations to do? If you are considering a renovation but are unsure what to do, watch this video as I share 3 tips that will help you decide how to prioritize your renovations and increase the value of your home.   Tim Matthews is a Real Estate Agent serving Owen Sound […]
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