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How to Successfully Downsize Your Home

The era of the McMansion is coming to an end. Families are recognizing the benefits of downsizing to smaller homes over enormous homes. When was the last time you used your formal living room, guest room, or dining room? How much do those unused rooms cost in your mortgage, electricity bill, furniture and accessories, property taxes, insurance bills, and time/money spent cleaning those rooms? Consider ...

Market Watch 2014

The Greater Toronto Realtors have just released the latest sales report. Last month, there were 4,446 transactions reported through the TorontoMLS system, which represents a 9.6 per cent increase from December 2013, which saw 4,058 sales. The average selling price also saw an increase to $556,602 last month from $520,189 the same time last year, which is a 7.0 per cent rise. These upward trends mirrored ...

Advice for First-Time Homebuyers Buying their First Home

Advice for first-time homebuyers buying their first home can be exciting and overwhelming at the same time. This is one of the largest investments you will most likely make, so planning ahead is important. Here is some advice for people buying their first home: Start with the end and work your way backwards: too often the excitement of buying your first home can cloud your rational judgment. Before ...

What Empty Nesters are Looking for in a New Home When they Downsize

The Baby Boomer Generation is the largest age group of today's population. These retirees or soon to be retirees, are also looking to downsize from their current homes, and looking to purchase or build ones that are specific to their new needs and lifestyle. These buyers are very specific in their desires and needs. As these retirees pack up their large homes, many of which have seen the arrival ...

Tips for Generation X and Generation Y Homebuyers

Research has found that people who belong to Generation X and Generation Y haven’t been deterred by the housing market downturn. 75% of people belonging to Generation X and Generation Y believe that owning a home means they are successful, 69% of people say that the recent market downturn made them more knowledgeable about homeownership than their parents. It turns out that Generation X-ers and ...

Why consider Markham to live

With the holidays upon us, many parents are scrambling to make arrangements to keep their kids occupied and entertained during the winter break. Markham offers a wide array of extracurricular activities at all of its community centers, such as story time, arts and crafts, movies, scavenger hunts, video and board games, and much more. This is just one of the many ways that makes Markham a family-friendly ...

Important Things First Time Homebuyers Wish They Knew When They Buy Their First Home

New homebuyers have most likely made every mistake in the book when it comes to buying their first home. They’ve overpaid, overspent and bought homes they just couldn’t afford. And, most of the time, these missteps happen because buyers aren’t informed or don’t ask the right questions. Many of these missteps can be avoided. Here are some of the most common missteps buyers wish ...

Should You List Your Home During the Holidays?

With the holidays approaching, sellers often wonder if they should keep their properties on the market or take them off. Or if they haven’t listed their home yet, should they wait until after the first of the year? Maybe hold off until spring? It used to be said that you shouldn’t even try to sell your home during the busy holiday season. Potential homebuyers were too preoccupied with attending ...

Real Estate Forecast

Re/Max just released a report on December 10 on their forecast of home sale prices across the nation for the new year. For the past year, most Canadian cities experienced an increase in inventory, but still saw modest gains in the average residential sale price (a low supply and high demand is a key factor in determining home sale prices). The greater areas of Toronto and Vancouver in particular experienced ...

CREA revises housing sales forecast

 CREA revises housing sales forecast click HERE  
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