It is definitely a sellers’ market in the housing industry especially if you have property in Southern Georgian Bay.
Colleen Flynn , a broker for ReMax 4 seasons says there is definitely a shortage of bungalows and recreational properties.
Flynn says there has been as many as 8 offers on one property, something she’s never seen since getting into real estate in the 80’s.
Its also people moving to the area permanently moreseo than just people buying residential properties.
She says people in Toronto, Kitchener and Waterloo want the “lifestyle” offered.
The low dollar is also prompting Canadians to sell their U.S. property and reinvest in Canadian recreational regions.
Flynn’s work area includes Collingwood, Thornbury. Wasaga Beach and Stayner.