May 2021 Newsletter

From the month of showers comes the month of flowers.  Although May seems to have started with temperatures more like the month of March at times, it is so great to hear the birds celebrating the arrival of spring and it amazes me every year to see beautiful little flowers pushing their way up from such a cold soil bed. 

Those little flowers remind me each year that when things look impossible, with determination, the impossible is quite possible.   

I have heard that the local garden centers are already very busy so if you are like my wife Bonnie and I, who enjoy potted ferns and flowers on the deck, it might be wise to shop early and care for those beautiful plants indoors until at least after the long weekend this month.  I’m far from an expert on that type of thing, but I do remember what my parents told me about spring planting. 

Now, from the thoughts of a cool start to spring, below is an update on the very hot local real estate market this spring.

Home Sale Prices Continue To Climb 

Lakeland Region +35% / Orillia +37% / Barrie +37%

Below is an overview of how the month of April wrapped up in the local real estate market.  The report represents freehold, residential homes with numbers compiled from the Barrie & District Association of Realtors for the City of Barrie and The Lakelands Association of Realtors for Orillia and the Lake Country Area.

 If you would like information specific to condos, waterfront only or commercial real estate contact me and I would happy to answer your questions.   

 April 2020/2021 Overview 

 

Barrie                                2020             2021       Change %

Selling Price (Median) $528,250    $725,000      +37%

Average Days To Sell        25                 16             -36%

# Active Listings              390                305           -22%

# Homes Sold                   96                  345        +259%

Months of Inventory          4                     1             -75%

 

 

Orillia                               2020               2021     Change %

Selling Price (Median) $442,000     $605,000     +37%

Average Days To Sell        27                  10            -63%

# Active Listings             153                  94            -38%

# Homes Sold                   35                   93         +166%

Months of Inventory          4                     1             -75%

 

 

Lake Country Region       2020         2021       Change %

Selling Price (Median) $505,000 $680,000        +35%

Average Days To Sell        32             15                -53%

# Active Listings             478            238               -50%

# Homes Sold                   75             226           +201%

Months of Inventory          6                1                -83%

(Lake Country includes Orillia, Oro-Medonte, Severn and Ramara – Lakeland Association of Realtors)

Market Inventory

Market inventory is a reflection of how many homes sell in a month compared to how many homes are currently listed in the market.  This determines if it is a balanced market, seller market or buyer market.

 Buyer Market – 6+ months (180+ days) of inventory.

Balanced Market – 4 to 6 months of inventory.

Seller Market – Under 4 months of inventory. 

At the close of April, the areas noted in the overview above indicate that locally it remains a Seller’s Market.

 

 

Greenspace Town With No Car Traffic 

Imagine a town covered in jungle greenery.  A true car-free eco-town.  

The first car-free community is being planned in Singapore.  It’s not that there won’t be any cars, they just won’t be visible as you walk around the town because vehicle traffic is underground leaving the above-ground community a forest town of abundant nature for better health and well being.

Check out the amazing details HERE.

 

Hydro One Update For Orillia Customers

Orillia Power has officially been in new hands since September and Hydro One has announced that new bills from them will begin to appear in June. 

According to Hydro One’s vice-president of customer service, Spencer Gill, customers can expect a smooth switch over with the new billing.

Pre-authorized payments whether for monthly usage billing or equal payment plans will switch from the Orillia Power name to Hydro One automatically.  

There will be a one-time billing adjustment on the first Hydro One bill for Orillia residents in June to reflect electricity consumption for the last cycle of Orillia Power due to meter readings dates, but basically Hydro One is saying residents don’t have to worry about the changeover and it should go smoothly.

Speaking of power, check out the food-for-thought story below about when the power went out.

 

Sometimes No Power Can Be A Good Thing

I read an interesting post recently that is well worth the read.  It comes from Valerie Garcia and her personal story says a lot about how attached we are to our powered-up life. 

I have often wondered what it must have been like in the days when there was no TV, no iPads, no gaming consoles and for that matter no power to homes at all.   

Here is Valerie’s post……

“Yesterday I was in the middle of a conference call when I heard a huge crash and the power went out.  

It turns out a car hit a pole and took out power to the entire neighborhood. Within 30 minutes, the entire street was full of neighbors. Lawn chairs formed a circle in the cul de sac. Kids started a whiffle ball game.  Lenora brought out lemonade. Adults played tic tac toe in sidewalk chalk. And for an hour, while we waited for the power to come back… we just soaked in the sun. 

We heard that Greg’s cancer is in remission and Gaston is fully recovered from his heart attack. We complimented Gail on her birdfeeders. We plotted a neighborhood garden. We planned an outdoor movie night. We admired my daffodils that popped open today.  

Just as the sun dropped behind the trees, the outdoor lights flicked on. We gathered our chairs and slowly made our ways back home to our tvs and internets and distractions. But for that hour, it was the most community I’ve had in many, many months. And I loved every minute of it. 

I am kind of hoping the power goes out again tomorrow.”

 

THANK YOU!

I remember many years ago learning about a project to help build a new home for The Lighthouse Soup Kitchen and Shelter.  A dream of more than just more needed beds for men, but beds for women and beds for youth and the many greatly needed service to help those who come to the door at The Lighthouse.

As a member of the Building Hope team, we hope that next month the buildings now at 75 Queens Street will have an official opening.  What seemed like an impossible task in reaching a $14.5 million target and to be able to do that so the doors swing open, mortgage-free on opening day is now a reality because of the incredible support in our great community.   

I want to thank all my clients who have trusted me to assist them in buying and selling their homes over the past number of years.  I believe we are on this earth to help each other, even people we don’t know, and because of my amazing clients, I have been able to donate to the Building Hope campaign with each sale. 

My original goal was to be able to provide $10,000 to the campaign, but through my many clients who put their trust in me, that total has now surpassed $30,000. 

If you know of someone planning to buy or sell a home in the future please share my name with them.  Your referrals are such a blessing and I plan to continue to support The Lighthouse for the operating dollars required to provide the services so many people need through what Building Hope has accomplished at 75 Queen Street.

It has been such a pleasure to serve on the Building Hope team and be surrounded by an incredible group of people on so many different committees who have inspired me.

There is a Bible verse that speaks to me in an amazing way. It’s partly because of my role in real estate, but also because of my faith.  I think of the verse when I now drive by 75 Queen Street because the new buildings on that lot are without a doubt a God-given miracle.   

Every house is built by someone, but God is the builder of everything.  Hebrews 3:4 

 

Your Referrals Help The Homeless.  Learn More.

 

Food For Thought

“If I couldn’t say one word, what would my life say?”  Trent Shelton