Enjoying a HOT summer in Central Ontario!  Prices continue to rise in our local market and inventory remains weak.  Currently I have 2 clients looking for townhomes in the mid $220's, and 2 more looking for country properties.  Last week I listed an historic log home on over 105' feet of prime waterfront only minutes from Barrie.  Pictures and details of this property and my other listings can be found at www.movingtobarrie.com  Later this week I am listing a 4 level backsplit in southeast Barrie, to be priced in the $260's. 

We say goodbye to the 30 year amortization mortgages today.  Unless you are firming up today on a purchase, 30 years is no longer available.  As with any change, the initial announcement made a lot of people nervous and doom and gloom talks circled in the industry.  And as with any change, people adapt and work with what's available.  It may only mean that first time home buyers will have to take a smaller bight into the real estate market on their first purchase. 

On Friday I meet with new first time buyer clients.  I will be setting them up with a good mortgage broker and once their numbers are in place, we will start hunting for their very first home!  I love this part of my job.  It's very rewarding helping young peoples dreams come true and getting them into home ownership. 

More information on buying and selling as well as pictures of Barrie and area can be found at www.movingtobarrie.com.