Real Estate – Follow the Money

Last Updated: May 2, 2024By
📁Discussion 121 of 365;📆

Real Estate – Follow the Money

We live in a world of easy access to a wide variety of information. I like that some information that used to be distributed by professionals is now at our fingertips. Real Estate listings fall into that realm. One of my most used apps is Realtor.ca. I have included a link to their website for those wanting to browse without loading the app.

I use it to research Real Estate values in areas I pass through. Sometimes it’s intriguing passing a property with a for sale sign and with just a few clicks, I can see all of the details of the listing.

Anyhow… why write about this? Over a month ago, a good friend started sharing a statistic from this app on a regular basis. I have explained that many people send me information for these discussions because they fear repercussions if they share.

So…. It seems Wasaga Beach is experiencing an increase in homes for sale. My friend asked why is everyone leaving?

April 20- 571
April 22- 572
April 23- 578
April 23- 582
April 24- 587
April 25- 588
April 26- 592

April 29- 599

Why the increase in listings? Is this early signs of an exodus?

Are people looking closely? Do they see the MASSIVE tax increases? Are they sceptical in funding an entertainment corporation with $500,000 of municipal taxes.

Unfortunately statistics like this only get recognized as possible bad news after it is too late.

Wasaga Beach is a fun place to live. It used to be affordable. “Used to be!”

We now have a Council and CAO’s intent on spending us into a very expensive future. But… they do throw a good party.
My friend predicts 900 listings by the end of summer.