Real Estate in Haliburton

In real estate, it's usually about location, location, location. But in Haliburton County, as with other cottage country areas, now it's all about patience and a dose of reality.Cottage country has long been a sought-after location for real estate buyers, and surged during the COVID-19 pandemic. Now, the boom has gone bust. As interest rates soar and mortgages came up for renewal, many property owners are facing the financial reality that their days of cottage ownership are over.CanoeFM spoke with a local home seller, a seasoned real estate broker and the regional real estate board president to discuss the current buyers' market and how economic uncertainty, interest rates, mortgage renewals, and price corrections are impacting both buyers and sellers alike.