Niagara Real Estate Blog

Niagara Real Estate Update: Understanding Ontario's Fair Housing Plan

Posted by Terence Davids on May 2, 2017 9:34:02 AM

You've probably seen in the news that the Ontario Liberal government has announced a new housing plan. They announced this plan in an effort to bring down the incredibly high housing prices all over the province.

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Topics: Niagara Region

Rising home prices and the house buying domino effect

Posted by Terence Davids on Oct 27, 2016 3:44:10 PM

A few blogs back we took a closer look at where Niagara’s housing market is headed, today we’re going to take a look at what’s currently going on. With CMHC raising a red flag about possible risks in the national real estate market for the first time ever recently, it’s very evident that there’s a lot going on in the real estate world. In the latest housing market assessment report, CMHC said that there’s moderate evidence that price acceleration is occurring on a national level. So what does this mean for the GTHA and the Niagara Region?

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Topics: Niagara Region

Taking a closer look at where the Niagara housing market is going

Posted by Terence Davids on Oct 20, 2016 5:00:55 PM

With the real estate market as hot as it is, the red flags and the fact that the Ontario housing market will potentially become an economic drag doesn’t forecast a good future when it comes to real estate, specifically the Niagara housing market. Although many have predicted that the market will overheat, some economic analysts still believe that there will be more moderation and a not so hard landing.

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Topics: Niagara Region

Booming cottage real estate property bringing in investors

Posted by Terence Davids on Aug 8, 2016 4:43:02 PM

Along with Canada’s crazy housing market, Canada’s recreational property and cottage market is also heating up thanks to Canada’s weak dollar. The low Canadian dollar is attracting foreign buyers to well-established recreational property markets across the country, but not as much as Canadians repatriating their own foreign gains and reinvesting in Canadian property.

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Topics: Niagara Region

Details about the $1B Thundering Waters development proposal

Posted by Terence Davids on Jul 26, 2016 4:58:26 PM

Source

The property near Thundering Waters Golf Club has been awaiting approval for a $1-billion development plan. The Niagara Region’s planning and development committee supported the pilot project and called on the province to allow for biodiversity offsetting on the property. After Kathleen Wynne signed a memorandum regarding direct foreign investment to Niagara while on a trade mission in China, it was announced that the there is real estate business from the Chinese government that will be a shareholder in the development.

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Topics: Niagara Region

Prudhommes Landing sold - What's next?

Posted by Terence Davids on Jul 21, 2016 4:08:20 PM

Source

Prudhommes landing has finally been sold. This high-profile lakeshore property is located in the town of Lincoln right next to the QEW from the edge of the Lakehouse restaurant to the Tim Hortons near Victoria Avenue. The 80-acre property has been owned for decades by Ken Fowler Enterprises and was sold to FBH Ontario Inc.

What was once a busy amusement park that featured waterslides, go-carting, and mini putt eventually closed after the 1980s. Since then, it has been abandoned commercial real estate sitting on the shoreline and market. Unconfirmed reports are suggesting it sold for nearly $30 million.

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Topics: Niagara Region

Niagara's real estate market still going strong

Posted by Terence Davids on Jul 19, 2016 3:19:04 PM

Niagara region's housing market continues to see major sales activity with a reported 1,038 property sales in June which is a 13.1% increase in sales over June of last year. The strongest real estate market in Ontario may just be Niagara, as the big push of rising prices from the western area of Toronto in cities like Oakville and Burlington are forcing many buyers to relocate down to the Niagara region.

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Topics: Niagara Region

Our 3 Favourite Places To Retire To In Niagara

Posted by Terence Davids on May 21, 2015 9:15:00 AM

Estimated reading time: 5 minutes

image source: Visit Niagara Canada

Searching for your retirement home can be a lot of fun, especially if you plan to retire in Niagara, but the amount of choice can seem overwhelming, as the region is home to 12 municipalities, including Niagara-On-The-Lake, Cottage Life's top choice for where to retire in Ontario.

Truthfully, any city or town in Niagara will improve your quality of life as a retiree. It is a different lifestyle here, one uncrowded by traffic and smog; the community is more focused on enjoying nature, culture and lifestyle. This is part of the reason why Niagara has welcomed the second highest proportion of retirees in Ontario behind Peterborough.

Aside from our love for Niagara, there are some serious financial benefits to the relocation, especially if you currently live in the greater GTA area. Selling your home to purchase a Niagara home means a lot of money in your pocket; consider that the average cost for a home in Niagara is currently $278,689, compare that to $635,932 in the GTA and suddenly the move makes a lot of sense!

With that thought in mind, we’ve narrowed down three idyllic communities within Niagara that we would recommend retiring to.

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Topics: Niagara Region

The benefits of working with a realtor when buying your first home

Posted by Terence Davids on May 7, 2015 9:15:00 AM

Estimated reading time: 4 minutes 

Buying your first home is an incredibly exciting journey; however, it is also an incredibly complex journey.

You may feel overwhelmed by the process and not know where to start, but hiring a realtor will help!

Working with a reputable realtor who has extensive knowledge of the Niagara market and is well versed in the process of buying a home is an invaluable asset.

Your realtor will handle the complicated and time consuming aspects of the house buying process so that you don't have to. Click to Tweet >>

We've put together a list of the benefits of working with a realtor when buying your first home in the Niagara region.

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Topics: Niagara Region

Niagara GO Rail Proposal Update: "We've proven we're willing to put skin in the game”

Posted by Terence Davids on Apr 27, 2015 1:13:10 PM

Have you heard the latest news on the Niagara GO Rail proposal!?

Today, Monday April 27, is the day that the business plan for the proposed extension of GO Rail service between Niagara Falls and the Greater Toronto and Hamilton Area is to be presented to Ontario Transportation Minister Steven Del Duca, and it’s looking good thus far.

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Topics: Niagara Region