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Mark Turcotte
Канада
Добавлен 5 ноя 2015
Our team is committed to providing our clients with professional services based on our experience, knowledge, and skills
We’re the real estate team that specializes in this local market of Barrie, Innisfil, Orillia, Essa Township and has the reputation for putting you, the client, first. Any time you want information on the market or are ready to buy or sell a property - contact us. There’s no obligation.
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Innisfil Real Estate Market Soars With 11% Sales Surge In August
Welcome to our channel! In this video, we dive into the exciting news surrounding the Innisfil real estate market, which has experienced a remarkable 11% surge in sales for August 2024. Join us as we explore the factors driving this growth, the types of properties that are flying off the market, and what this means for buyers and sellers alike. Whether you're a first-time homebuyer, a seasoned investor, or just curious about the real estate trends in Innisfil, this video provides valuable insights and analysis to help you navigate the current market. Don't miss out on expert tips and predictions that can shape your real estate decisions. If you find this information helpful, be sure to li...
Просмотров: 647
Видео
WHY These Homes Sell Fast
Просмотров 1,2 тыс.11 часов назад
In this video, we uncover the secrets behind why certain homes sell faster than others in the competitive real estate market. Are you a homeowner looking to sell or a real estate enthusiast wanting to understand the market better? This video is for you! We delve into the crucial factor that makes properties fly off the market: pricing them right. Discover how setting the right price can attract...
Shocking Truth About Barrie Real Estate Market - 80% NOT SELLING
Просмотров 2,4 тыс.13 часов назад
In this eye-opening video, we delve into the shocking truth about the Barrie real estate market, where a staggering 80% of property listings are not selling. What could be the reasons behind this alarming statistic? Join us as we explore the underlying factors affecting the Barrie housing market, including pricing strategies, market demand, economic influences, and buyer psychology. We'll also ...
Is Barrie’s Real Estate Market About To CRASH? A MUST WATCH
Просмотров 2,3 тыс.16 часов назад
Are you wondering whether Barrie's real estate market is on the brink of a crash? In this MUST WATCH video, we dive deep into the current trends and indicators that could mean a significant shift in Barrie's housing landscape. From rising interest rates to inventory levels, we analyze the crucial factors that may signal a storm brewing for homebuyers and investors alike. Join us as we explore e...
Are Condos Selling In Lak House Barrie
Просмотров 1,1 тыс.День назад
Are condos really selling at Lak House in Barrie? In this video, we dive deep into the current real estate market trends for condominiums in this sought-after community. We’ll explore the latest sales data, pricing trends, and what buyers are looking for in 2024. Whether you’re a potential buyer, seller, or simply curious about the Barrie real estate landscape, this video has you covered. Join ...
Why Are Barrie Taxes So High?
Просмотров 749День назад
In this insightful video, we dive deep into the reasons behind the high tax rates in Barrie, Ontario. Join us as we explore the various factors contributing to the city's taxation system, from infrastructure demands to public services funding. We'll discuss the impact of rapid population growth, the rising costs of maintaining essential services, and how these elements influence property taxes....
Condo Valuations Drop Due To Sky High Common Element Fees
Просмотров 1 тыс.14 дней назад
In this eye-opening video, we delve into the impact of skyrocketing common element fees on condo valuations. Are you a condo owner or potential buyer? Understanding how high fees can lead to plummeting property values is crucial for making informed decisions in the real estate market. We will explore the reasons behind increasing common element fees, how they affect your investment, and what yo...
Overpriced Homes In A Terrible Market - What’s Going On ?
Просмотров 3,3 тыс.14 дней назад
In this eye-opening video, we dive deep into the perplexing phenomenon of overpriced homes in a market that many experts are calling the worst in 25 years. Why are sellers and agents setting prices that seem out of touch with current market realities? Join us as we explore the motivations behind these inflated property values, the impact of economic trends, and the psychological factors at play...
Real Estate Market Predictions Fall 2024 IS IT HEATING UP??
Просмотров 1,6 тыс.14 дней назад
Dive into the latest insights with our 2024 Real Estate Market Predictions for Fall! In this video, we explore key trends, potential shifts, and what buyers and sellers can expect as the market transitions into the autumn season. We'll discuss interest rates, housing inventory, and regional variations that could impact your real estate decisions. Whether you're a first-time homebuyer, a seasone...
Is Barrie’s Condo Market Bouncing Back?
Просмотров 71821 день назад
In this exciting 2024 real estate update, we dive deep into Barrie's condo market to explore whether sales are starting to make a comeback. With recent trends and statistics in hand, we analyze the factors influencing the resurgence of condo sales in Barrie, Ontario. Are buyers returning to the market? What does this mean for investors and homeowners alike? Join us as we provide insights into p...
9 % Of Barrie Homes Selling Over Asking Price
Просмотров 1 тыс.21 день назад
Discover the latest trends in the Barrie real estate market! In this video, we dive into the significant statistic that 9% of homes in Barrie are selling over their asking price in 2024. We'll explore what this means for buyers and sellers, the factors driving this competitive market, and tips for navigating this hot housing landscape. Whether you're looking to buy your dream home or sell your ...
Innisfil Real Estate: June Crash, July Comeback
Просмотров 48021 день назад
Welcome to our latest video on Innisfil real estate trends! In this episode, we dive deep into the surprising market shifts that occurred in June and July. Did you know that Innisfil experienced a significant 19% decrease in real estate transactions in June? This downturn raised concerns among buyers and sellers alike. However, the market showed resilience with a 3.5% increase in transactions i...
Shocking Drop: Barrie Real Estate Plummets 9%
Просмотров 2,6 тыс.28 дней назад
n this video, we dive deep into the Barrie real estate market and explore the significant downturn of 9% that occurred in July 2024. What does this mean for buyers, sellers, and investors? We analyze the current trends, discuss the factors contributing to this decline, and what it could signal for the future of real estate in Barrie. Join us as we break down the latest statistics, compare them ...
Watch Out For These Warning Signs Before Choosing A Realtor
Просмотров 62428 дней назад
Choosing the right realtor can make all the difference in your home buying or selling experience. In this insightful video, we highlight crucial warning signs to watch out for before making your decision. From red flags in communication styles to questionable marketing tactics, we cover everything you need to know to ensure you select a trustworthy and competent real estate professional. Don't ...
30 Year Mortgage Changes Won’t Help First Time Home Buyers, Here’s Why
Просмотров 774Месяц назад
In this eye-opening video, we delve into the recent changes to the 30-year mortgage plan and why they may not benefit first-time home buyers as expected. With rising home prices and interest rates, the new amortization strategies seem promising, but are they really? We analyze how these changes impact affordability and accessibility in the housing market. Join us as we explore the challenges th...
Landlord Tenant Board: Unveiling Protest Demands
Просмотров 2,1 тыс.Месяц назад
Landlord Tenant Board: Unveiling Protest Demands
Top 5 Seller Mistakes: Avoid Overpricing
Просмотров 1,8 тыс.Месяц назад
Top 5 Seller Mistakes: Avoid Overpricing
Why Some Sellers NEVER Lower Their Price
Просмотров 3,6 тыс.Месяц назад
Why Some Sellers NEVER Lower Their Price
Shocking revelations from landlord-tenant board
Просмотров 1,8 тыс.Месяц назад
Shocking revelations from landlord-tenant board
Unexpected Real Estate Market Twist: Low Prices Shock Sellers
Просмотров 2,3 тыс.Месяц назад
Unexpected Real Estate Market Twist: Low Prices Shock Sellers
Barrie Condo Market: STALLED For Months- What Happened
Просмотров 899Месяц назад
Barrie Condo Market: STALLED For Months- What Happened
Barrie Real Estate Alert: Sellers, Watch Out for Oversupply!
Просмотров 2,1 тыс.Месяц назад
Barrie Real Estate Alert: Sellers, Watch Out for Oversupply!
Top Real Estate Agent: Must-Hire for 2024
Просмотров 569Месяц назад
Top Real Estate Agent: Must-Hire for 2024
Avoid Overpricing Your Property With This Advice
Просмотров 813Месяц назад
Avoid Overpricing Your Property With This Advice
Do GOVERNMENT RULES Really Affect Real Estate Markets?
Просмотров 883Месяц назад
Do GOVERNMENT RULES Really Affect Real Estate Markets?
Expert Analysis: Barrie Condo Market Plummets by 48%
Просмотров 2 тыс.Месяц назад
Expert Analysis: Barrie Condo Market Plummets by 48%
Real Estate Market Listings Skyrocketing, Sales Slumping
Просмотров 1,7 тыс.2 месяца назад
Real Estate Market Listings Skyrocketing, Sales Slumping
Shocking: Innisfil Real Estate Listings Skyrocket 25%
Просмотров 1,4 тыс.2 месяца назад
Shocking: Innisfil Real Estate Listings Skyrocket 25%
Inside Look at Barrie Condos Sales Failure
Просмотров 2,7 тыс.2 месяца назад
Inside Look at Barrie Condos Sales Failure
I love your honesty about house sales 👍
things are getting worse and worse by the day just like i stated months ago , lol hopefully you will all still find work with the dead currencies and markets !
Tell me how it is getting worse?
wow...million +...nothing like buying into negative equity.
People buying now are fine.
great idea,
Thanks
Realtors have been selling up property for 2 decades. Time to sit back and relax.
Everyone blames the realtors. Look at the market what we are currently in. Did realtors create this too ??
Everyone's broke, that's the story.
Thats what everyone thinks. It is not the fact.
Great video on innisfil you should have thrown a few from Quants in there you know innisfi barrie border Nothing really moving in there.🙂
Hi Chris, things are quite in a lot of neighbourhoods. I expect to see things pick up next year. More rate drops are coming.
Lets hope the next pack of leaders 😂 correct this horrible state of our cities and towns.
Omg yes. There a mess across this province.
What I’ve noticed where I live … is that some homeowners expect the same selling price as other similar sized dwellings despite the fact that they’ve NEVER remodeled anything. In the end , it is the market that decides what your abode is worth. A lot of realtors spare themselves the grief of trying to reason with sellers …especially those who are merely “testing the waters”.
Your right. My approach has always been education. And some people see the information differently. I don’t take listings when Sellers say I want to test the market.
You guys shouldn't be bashing people's homes online.. distasteful... Shame
Not bashing them. Saying what we see. When I look at what most people are asking and they have not done any improvements to the home.
You literally are. I'm in the real-estate game myself..so if my wife..agree or disagree with prices...if those were our properties or my home...I'd sue you both. You should be reported to reko
I bought in 2017 and I’m so happy I did . Beautiful home , good price. People that are waiting fir a crash because they can’t wait for others to loose their shirt so they can swoop in . Not gonna happen.
My friend has been waiting for a crash for 25 years and still renting.
It is not going to happen. I’m not seeing in the market
Just imagine all the wealth lost from waiting 25 years. Wow
yes it will happen ! wake up already !
We will see 2018 pricing, even real estate experts don’t know what’s about to happen or already IP. Bigger backyard, bigger garage, extra rooms, for average family its scam being sold in western world.
Economy is not that bad. Still seeing small growth.
"Seasonally" adjusted numbers compared to July which was basically DEAD !
It could be going in the right direction. Will take time
If I had a relator show pictures with SNOW in the background when its SUMMER or FALL / I would say SEE YA !!!!!!!!!!!
Omg yes. The level of professionalism in this industry. Is sad
You two should do a video on Title insurance and why you need it or not.
We will try for sure.
So, what is the bottom line, what are selling? price, detached, condo?
Innisfil it’s detached. That area has a lot of homes priced over a million
@@propertytwins Must be stupid Toronto buyers
"Seasonally" adjusted numbers compared to July which was basically DEAD ! Be VERY careful/skeptical because REA's and REB's will play with stats... LOL... basically 'propaganda' ? And yes, I've had this conversation with Soper and Cathcart... they don't care LOL !
Even is average home prices dropped by 50% they'd still be to expensive
@@mr.d4295 no ,they would be back to affordable
Realtors need to step up and list for what it’s worth
Yes they do
Unless your in the top 5% making a HHI of $200k you can’t buy a detached in barrie. Sellers are greedy and holding out on lowering their prices. At this point, the only way prices head down significantly is a job loss recession. Just like what happened to Calgary in 2015
Rates
Collapse making 1990 look like a walk in the park.
@@carl9531 Not seeing that at all.
@@propertytwins Oh it's coming, at best even if rates keeping coming down they will be at least twice as much as some of the lowest rates out there now if not more. Prices are got going up but down, most properties sold for years were all in a bidding war, so sold anywhere from thousands to million over asking. Where are these people going to get the money to cover what they actually owe on properties and the new assessed prices when they refinance? No bank is going to give all these people 100's of thousands they owe over the new values. We haven't had a real housing correction in this country since 1990, 2008 was just a blip on the radar. We are here now. Unfortunately housing and government spending is the economy of Canada. Enjoy the ride.
I agree, sellers are unrealistic!
80 percent are
Wow ! That little shoebox for 620,000$ That’s insane. I’d be embarrassed to give my address to a Uber driver/cab driver. Then I’d be even more embarrassed to tell anyone just how much I paid for this little sh*tbox. Now just imagine what this house would really cost with interest factored in over a 25/30 year mortgage.
Some markets are priced differently
😃👍👍👍
Love you guys
Thanks so much Lisa.
People need to study history a little. Tulip mainia, greater fool theory & of course the Ponzi. The last 20 years housing has been a little of all 3. And when fresh blood stops coming in - game over. Prices are going straight down....
I drove to Muskoka last week. 😂 The blood letting will be epic.
I think we may be watching the beginning of a collapse.
If a Seller wants to sell. They better start understanding the market we are in. The problem is they haven’t.
"horrifying"? I think its about time. Prices need to come down by half in order to make the world sane again.
It is a crazy world.
Houses are All Wayyyyyy over Priced Stop kidding yourself.
Some are not. And they are selling
@propertytwins Sure, the Only home's near me priced to sell are High End.
I loved this video, i would LOVE to see you guys do this same thing but for other areas of the GTA like Newmarket or Arorrah etc
The biggest issues are. We don’t know those markets very well.
@@propertytwins darn, too bad there aren't any youtubers like you for newmarket! love this content.
Good analysis with excellent synopsis of what should be marketing priorities ! Just proves "right pricing" for the environment is so critical to getting discovery initiated. My apologies here.... but just so frustrating into a deficit of Price discovery/Capital velocities that ultimately hurts everyone.... purely as a result of plain stupidity "Buying" Listings in this market.
It’s all about the right pricing. Data is there to make decisions.
Watching from Vernon, BC. We just removed the subjects in a beautiful home that was a new build and listed for 18 months. Several prices drops and three different agents over its listing history. The market is very slow here. Great for buyers.
Wonder what the Seller paid for it. Market is slow here as well.
@propertytwins The seller was a local mortgage broker. The house landed om the market in 2022 at $2.2M (3950 finished sq ft, landscaping done) and ended up at just shy of $1.8M. A bit more than we had planned to spend, but it will work with my partner's business. I just sold my 2020 townhouse for $5K more than I paid 32 months ago (1600 sq feet, sold for $605K). I dropped the price from $659K eventually to $615K over 3 months. We got it sold. Most buyers here are sidelined by high interest rates and the need to sell their own homes, and sellers who are stubbornly holding to prices from the peak of the last cycle. Same story as Barrie it looks like (I left Alliston in 2018). Cheers, John.
Bird street the kitchen is gross.
I don’t love it. Like the price.
You can't sell a house for less than they owe on it without somebody putting up the difference. Only the mortgage holder can sell a house for less than they owe. The bank can have it back for whatever they forwarded for the last sale.
You can if u cover the loss
The bank will force you to sell less than you owe.... Then YOU the SELLER covers the difference... Can't pay the bank takes you to court... Gotta love the dumbasses that think USA laws and regulations apply to Canada and we have no fault mortgages... Hahaha that's funny you wanted to buy a home you couldn't afford deal with it.
I think people don’t care, they want there price and they will wait. On Kilarney Beach Rd. Two small houses side by side have been for sale forever. They’re asking almost $800,000.
Buyers will not give a seller more than market value. And a lot of inventory to choose from.
It’s a stalemate going on
Highland Drive Horseshoe Valley sells for $1.6 in 5 days
Good areas and in demand. Properties are not cheap in that area.
Anything not selling..it’s always price. Everything has a price that’s right. Even the worst piece of sh!t will sell to someone if the price is right.
Yes it will.
Ask yourself how desperate sellers are keeping afloat...debt debt and more debt stop the bailouts and that will trigger real desperation =ing lower prices and major correction
They are not desperate to sell. Days on market tells the story.
They are not desperate is my point they have a need to sell but the government and bank has taken away the desperation part WITH AMORTIZATION EXTENSIONS...... Hence why i said take away the bailouts @propertytwins
I love your descriptions of the market. "Horrifying", "Alarming", "Terrifying". Crikey, it sounds like you're living in Ukraine and the Russians are bombing your childrens hospitals.
Yes
Oh boy, those were some grim listings. Sellers must be getting awful advice, my god.
Yes they are.
They'll sell fine when the price drops by 50%
I don’t see that happening
@@propertytwins Time will prove me to be correct
They will sell when it drops to 4x local average income. Absent of investors, it has no choice.
Food and shelter out of control. Low productivity. Aging population. Out of control government and household debt. Unengaged youth in employment and government is importing young men everyday. "We're on a downward trend" This is gonna be a decade of hurt. Not a hot spring market after some cuts. Buckle up buckeroos
It sure is hurting right now.
The same thing is happening in Australia and U.S. . Are you saying our government is responsible for their real estate problems too?
@@arlisskowski NOT YET. Our system takes way to long to get supply.
$1m latisha?????? Latisha hights????? Haaghaahhja ghahhaahahaa.. Marshall is a busy street. Best neighborhood in barrie though. Way over priced.
Way overpriced
Sold my house in 2021 in Barrie for 1.1. Moved to Bracebridge bought for 825. This house has taken a $60 hit, where as the Barrie home we sold has taken a $280, hit. Barrie got silly in 2021 and the out of town agents were everywhere putting GTA prices on every property. Seems those agents poisoned the local agent with their ideas, need to think small town once again people.
Absolutely. They are still attaching GTA prices.
@@propertytwins great honest channel. It's like discussing listing with your buddies not agents
Dundalk/Markdale were 1M$ towns
Unless sellers are hugely lowering their prices, buyers won't buy. There is no interest anymore , period.
They need to lower their expectations.
The economy is shaky right now, lots of unemployed right now so nobody can afford to buy anything
And there is no desire. Things are much worse in Toronto and the GTA. Tons of inventory. Don't expect a miracle in the Falls either.....
Not everyone is affected by
Question, what is 117 Monique Cr. really worth, just listed at $824.900?
I think it’s high. It is not that big small floor plan. Home shows well. I feel price is too high.
@@propertytwins Thanks, owner was considering $799,000 guess agents bought listing
How many mortgages are up for renewal the next year or 2 i wonder if they drop the rates enough to stop a blood bath
I don’t know the number. Billions of dollars. Rates are on the way down. Economy is cooling.
We are expecting 6 interest rate reductions of 25 basis points for Summer of next year.
Ya but its not as simple as interest rates dropping then everyone is going to jump back in. Highest debt per house hold ever.. high inflation, job losses, etc... the average wage in ontario is 30 an hour no chance they are able to afford these overpriced homes regardless of the interest rates. The bubble may have burst.@propertytwins
@123catz Household debt has been very high for many years. We are going to see people jump in. Just isn’t now.
Is a townhouse build 2010 3rooms, 3bathrooms, unfinished full basemen worth 655k? Just wondering 🤔
It depends on location, size and what upgrades. It’s potentially in the range.
90 SOVEREIGN'S Gate Barrier Innishoe , 1295 sqft,
WHY are these Agents still Listing for Prices that are NOT attainable anymore ? I mean I 'get' you have an obligation to do your best for the client..... but there is no point starving either ? It's called Price discovery for a reason.... have the conversation with the client, get a commitment to a realistic Listing Price away from the crowd and get a transaction.... or STARVE !
We should be pricing it for the market today. We have data to provide what the price should be. And very little a using the data. They are looking at what is listed.
Great video, very informative. Thanks Diane & Mark!
Thanks Kathy.
Great video 👍👍👍
Thanks Chris