Haliburton County Fall Market Update
Haliburton County’s real estate market remains steady. Waterfront properties continue to attract interest, with buyers seeking both seasonal retreats and year-round homes. Inventory levels have increased, offering more options for buyers. With the fall season in full swing, it's a great time for both buyers and sellers to take advantage of the market before winter sets in.
Exciting news for homebuyers! Recent changes in the housing market offer new opportunities, including:
🔑 30-Year Amortizations: Starting December 15, first-time buyers can qualify with lower income requirements and enjoy reduced monthly payments, making it easier to step into homeownership.
💰 Increased Insured Mortgage Cap: The cap is rising to $1.5 million, which means you can now purchase a home with a significantly lower down payment—giving you more financial flexibility.
🏠 Switching Lenders: You can now switch lenders without a stress test, opening up opportunities to secure better rates and potentially save thousands.
📈 Tax-Efficient Savings: Take advantage of increased RRSP withdrawal limits and the new First-Time Home Saver Account to build up your down payment faster.
Let’s work together to make the most of these changes and get you closer to your homeownership goals.
Fall Maintenance Tips
Inspect Roof and Gutters
Clear out leaves and debris to prevent clogs and water damage.
Prepare Pipes for Cold Weather
If your cottage isn't winterized, ensure plumbing is drained properly to prevent pipes from freezing.
Seal Windows and Doors
Check for drafts around windows and doors, and add weatherstripping or caulking where needed to keep the cold out and save on heating.
Store Outdoor Furniture and Equipment
Remember to also cover what you can to prevent damage.
Ready to make your move this Fall?
If you want your property sold, contact Linda today for personalized service and a smooth selling experience.
contact@baumgartnerrealty.ca
705-457-3461
