We're officially a month into 2018, and one full month into the latest mortgage stress test. Are you feeling the pinch? With the Bank of Canada's latest interest rate hike, and more increases rumoured for 2018, if you're looking to buy a home and sweating a bit about budget, you're not alone.
But let's take a step back and look at the Mortgage Stress Test from a different perspective ...
Why was the Stress Test introduced?
Concerns are mounting about the amount of household debt Canadian have been taking on. With interest rates hitting a record low, many stretched their home-buying budget (and mortgage amount!) to the MAX - particularly in Canada's priciest housing markets, such as Greater Toronto and Vancouver.
When it comes to selling your home, hiring a real estate agent not only means less work, worry and risk, it means hiring someone who is knowledgeable and well-versed in all aspects of the real estate industry. You want someone who knows your neighbourhood, your community and has the experience necessary to sell your home quickly and for the best price.
Choosing to work with Team Beauchesne means you will have full support from our team of Real Estate, Sales and Marketing Specialists who will assist you with the following, from start to finish, throughout your entire real estate transaction:
Determine the asking price for your home based on real-time market analysis and extensive real estate market experience
In this Real Estate Magazine video, real estate lawyer Mark Weisleder outlines the difference between patent and latent defects, and what needs to be disclosed by the vendor when they are selling a property. Mark also offers some valuable tips for buyers on ways to tell if a property they are interested in has a checkered past.
When you work with a member of Team Beauchesne, you are working with professionals with over 15 years of experience supporting both buyers and sellers through their real estate transactions, from start to finish.
Draw upon Team Beauchesne's vast experience and market knowledge to confidently move forward in today's real estate market.
Diane (Team Leader), Jean, Sarah, Carole, Dylan, Rick and Kimberly
Connecting Essa Township and Barrie via extended transit service is deemed a success!
One year extension (with option to extend for two additional one-year periods) of transit partnership would have two buses run morning, mid-day and evening service Monday to Friday between the Allandale GO Transit Station and CFB Base Border, via Hwy 90 and Angus.
The third annual Red Scarf Campaign, leading up to World AIDS Day on December 1st, launches on November 27, 2017 in Barrie, Midland and Orillia. Four expert knitting groups have joined the Gilbert Centre to decorate these downtown streets with red scarves.
The Red Scarf Project promotes education as key in eliminating stigma and discrimination toward individuals living with HIV.
Team Beauchesne is proud to support the Gilbert Centre and we look forward to seeing Red Scarves in our community as a sign of inclusivity, education and awareness.
Loving that we live where we work!
Diane, Jean, Sarah, Carole, Dylan, Rick and Kimberly
REMEMBRANCE DAY CEREMONY - Saturday, November 11, 2017
Barrie, ON - The 2017 Remembrance Day Parade and Service will take place on Saturday, November 11, 2017 at Memorial Square in downtown Barrie, despite the construction.
Fencing will be decorated with poppies and moved beyond the cenotaph for the ceremony.
Recent media reports are indicating increased interest to attend Remembrance Day parades and ceremonies - particularly by younger individuals. This heightened interest by this demographic is being attributed to the sharing of personal stories and experiences by our veterans.
The City of Barrie's ceremonies have been very well attended and this year's event is expected to draw a large audience again, even in a construction zone.
Work on the new Midhurst Pavilion can move forward following a groundbreaking held at the site at 41 Spence Avenue in Midhurst on October 30, 2017.
The Midhurst Pavilion will be an open air 70" x 140" pavilion with a sports pad and rink boards, located at Doran Park.
NEW PAVILION FEATURES:
Dry Sports Pad for Spring, Summer and Fall activities
Flooded, covered outdoor skating rink during the Winter months
"This pavilion will be a new community gathering place for the village of Midhurst," says Mayor Bill French. "It will be a place where residents can come together, celebrate and get active. We look forward to many special events being held here throughout the years."
Construction on the Midhurst Pavilion is expected to be
Located on the south shore of Kempenfelt Bay, this passive parkland development recognizes the City of Barrie's military history and ongoing relationships with Canadian Forces Base (CFB) Borden.
The Military Heritage Park symbolically references Canada and the City of Barrie's military history, and relationship with CFB Borden, by including landforms distinct to each era of overseas and national military commitment.
On October 22, 2013, the City of Barrie welcomed Her Royal Highness Princess Anne to a dedication ceremony of the proposed park. The park design was finalized in February 2017, construction started in June 2017, and the park was officially opened on October 27, 2017.