Matt Smith, MBA - Real Estate Broker

Matt Smith, MBA - Real Estate Broker Matt Smith is the License Partner and Broker of Record at Engel & Völkers Parry Sound. Currently se

It’s less than you think and, in some cases, the answer is zero.
07/08/2022

It’s less than you think and, in some cases, the answer is zero.

The typical U.S. home sold for $356,700 in the summer of 2021. Assuming a 3 percent down payment and closing costs at 1.5 percent of the home price, you could move into your first home with just $16,000 cash.

The number of homes sold in the Ottawa Valley was only 201 units, a whopping decline of 22.7 percent from May of 2021.
07/07/2022

The number of homes sold in the Ottawa Valley was only 201 units, a whopping decline of 22.7 percent from May of 2021.

The continued decline of home sales and reduction of inventory in Renfrew County is a trend that realtors, along with buyers and sellers, were hoping would turn around as the month of May is traditionally a strong indicator for a busy summer.

How to get the best price for your house when you downsize.
07/06/2022

How to get the best price for your house when you downsize.

For many homeowners, the decision to sell is typically followed by thousands of dollars of updates so the new homeowner can enjoy things you’ve denied yourself, such as a new kitchen floor or a deck that doesn’t have a raccoon family underneath.

Let's explore a few of the less common ways you can earn a passive income with real estate, building-free.
07/05/2022

Let's explore a few of the less common ways you can earn a passive income with real estate, building-free.

Once you've done your homework, invested in a property, and found someone to pay for its use every month, you can sit back and enjoy that steady check coming in.

As the summer market gets into full swing, a varied mix of listings has come to market, and as real estate agency Zoocas...
07/04/2022

As the summer market gets into full swing, a varied mix of listings has come to market, and as real estate agency Zoocasa said, many have sold under asking.

From luxury estates to unique condos, Zoocasa has rounded up five of the most expensive and five of the most affordable homes that changed hands in the GTA in June.

The majority of cities across the board are now seeing price declines as rates normalize.
07/01/2022

The majority of cities across the board are now seeing price declines as rates normalize.

Greater Toronto real estate sellers are learning a lot can change in just one month. Toronto Regional Real Estate Board (TRREB) data shows the median sale price dropped in May. The majority of cities across the board are now seeing price declines as rates normalize.

Getting ready to sell your house?
06/30/2022

Getting ready to sell your house?

It takes a savvy home seller to negotiate top dollar for their home. That's why GOBankingRates talked to the experts and compiled the 25 best tips on how to add value to your home before you put it on the market so you can get the best price possible.

Thinking of using a prefab? You'll want to know this first.
06/29/2022

Thinking of using a prefab? You'll want to know this first.

In our search for relaxation and tranquility we decided to invest in a cottage on a lake. After looking at numerous areas we finally found the perfect lake: Lake Louisa in Wentworth Quebec. Sadly, there were no cottages for sale that fit our needs, so we decided to build our own.

Ontario’s housing market has been red hot for years now, but that may soon change, and some areas could be hit harder th...
06/28/2022

Ontario’s housing market has been red hot for years now, but that may soon change, and some areas could be hit harder than others.

Since the Bank of Canada began to raise interest rates in order to combat inflation, home prices have steadily declined. Desjardins says that average price of a home in Canada fell 2.6 per cent month-to-month in March and 3.8 per cent in April.

According to data from Royal LePage Westside Klein Group, most of the sales are taking place in the B.C. Interior and Va...
06/27/2022

According to data from Royal LePage Westside Klein Group, most of the sales are taking place in the B.C. Interior and Vancouver Island, which accounted for 30 of the 41 manufactured home parks sold in B.C. last year.

The reason, aside from a wider selection than in the Lower Mainland, is higher capitalization rates, according to agents, despite the jaw-dropping prices being seen for manufactured homes this year in Metro Vancouver.

These tips will help you save for a downpayment!
06/24/2022

These tips will help you save for a downpayment!

If you’re saving for a house, here are simple, straightforward steps to get you started.

Created in partnership with Zoocasa, the rankings are based on average home prices and recent real estate price growth. ...
06/23/2022

Created in partnership with Zoocasa, the rankings are based on average home prices and recent real estate price growth. Each city received a value score out of five.

MoneySense’s Where to buy Real Estate in Canada 2022 report has placed Toronto 43rd out of 45 cities in terms of value and buying conditions.

Address

70 Bowes Street
Parry Sound, ON
P2A2L3

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