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  • Hocking Homes Team at Keller Williams Experience Realty, Brokerage Blog

    Thursday, July 21, 2016   /   by Ian Hocking

    Are home buyers Panicking? Should they ?

     It would seem to be almost a daily occurrence that we see one news article or another that suggests home prices have no upper limit. Comments such as we are in a new era where old economics don't matter any more. Certainly it's true that interest rates, a primary driver of home prices, have been at historic lows for a long time, and show no signs of rising any time soon. You should balance that with a question as to 'why' governments around the world feel it necessary to try to keep interests rates as low as they are. Certainly if economies were stronger interest rates would rise as fast as the various central banks and governments would  allow. 

    However, interest rates alone cannot be responsible for the house price appreciation that we have been experiencing in the larger GTA and Barrie area. On average since 2011 home price in the Barrie CMA have risen +/- 35-40% and according to the Barrie Association of Realtors Year on Year price rises since this time last year; ...

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      home buyers panic, home financing, barrie home prices soar

    Thursday, July 21, 2016   /   by Ian Hocking

    Rebates from the Govt help people to go Green say Ontario Realtors !

    Province Announces Funding to Help Home Owners Improve Home Energy Efficiency

    TORONTO, ON--(Marketwired - February 04, 2016) - Today, the Government of Ontario announced the creation of a new program to help Ontarians improve the energy efficiency of their homes. The province is investing $100 million from the Ontario Green Investment Fund to provide rebates for home owners who conduct an energy audit on their property and then complete retrofits recommended by the auditor.

    "Today's announcement is good news for Ontario home owners," said Patricia Verge, president of the Ontario Real Estate Association (OREA) and Realtor with Royal LePage Team Realty, brokerage in Ottawa. "Rebates are a great way to help consumers make green decisions when it comes to home retrofits or renovations."

    Between 2007 and 2011, the province administered the Ontario Home Energy Savings Program (HESP) which provided home owners with up to 150 dollars towards the cost of a pre-retrofit energy au ...

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      green realtor, solar power home, energy efficiency