In todays real estate market you only have one chance to make a good first impression when selling your house.
I found this article in The Toronto Star interesting. In my experience many Babyboomers that work in Toronto and live in the suburbs are migrating back to the city and purchasing smaller homes, including condos, located closer to where they work. They no longer want to spend 30-35 minutes commuting each way to work by train [...]
March 5, 2013 – Greater Toronto Area (GTA) REALTORS® reported 5,759 sales through the TorontoMLS system in February 2013 – a decline of 15 per cent in comparison to February 2012. It should be noted that 2012 was a leap year with one extra day in February. A 28 day year-over-year sales comparison resulted in a [...]
A great video to help you determine your needs and wants and then narrow down your list when purchasing a home.
The number of transactions was down by 21 per cent in comparison to September 2011. However, it is important to note that there were two fewer working days in September 2012 compared to September 2011. The majority of transactions are entered on working days. On a per working day basis, sales were down by 12.5 per cent year-over-year.
Your home has only one chance to make a great first impression. Prospective Buyers shopping on the Internet or viewing your home in person give it one look. It they don’t like what they see, that’s it. Whether you like it or not they’re not only judging your home but also you as a home [...]
“While hard-hit in the short-term, first-time buyers will adjust to tougher mortgage qualifications. The dream of homeownership is very much alive among young Canadians. They may remain renters for sometime as they save; some will opt for less desirable neighbourhoods and some will purchase smaller homes,” added Soper. “In the meanwhile, we will feel their absence in national sales statistics.”
“Residential transactions were down in August compared to last year. Stricter mortgage lending guidelines, which came into effect in July, arguably played a role. In the City of Toronto, the additional impact of relatively higher home prices coupled with the upfront cost associated with the City’s Land Transfer Tax led to a stronger annual decline in sales compared to the rest of the GTA,”…. Click image for full story.
If you’re looking for a way to increase your income, you may need to look no further than your own home. These days, more and more Canadians are turning their homes into income properties. An income property is a home that is bought or developed in order to generate income, typically by renting it out in part or in its entirety. Renting can be a financially rewarding experience, either to provide extra income, or to help pay off a mortgage. So if you’re thinking of going the income property route click the image for 10 important steps you should take: