Since this release about the Condo market in Vancouver and Toronto came out today from a banking conference, I had a few clients approach me about it. I am a REALTOR® in the Greater Toronto Area and felt compelled to write this blog about the situation, at least as it pertains to Toronto.
While I am no financial analyst, I do however understand the real estate market. Anyone who can read between ...
Posted by Jagdeep Singh
on January 11, 2012
New Location; Same Great Service!
Grand Opening Century 21 Heritage Group Ltd. Newmarket
Century 21 Heritage Group Ltd. hosted an open house to celebrate the opening of their new office location at 10735 Yonge St. in Newmarket Friday. The celebrations commenced at noon with various Sales Representatives, Brokers, Management, Support Staff, Members of the Community and Town of Newmarket ...
Posted by Lisa Fedele
on January 10, 2012
Hello and Happy New Year!
With a new year upon us and with the real estate market in the beginnings of shaking itself awake from its hibernation, buyers are beginning to think about their next purchase. One aspect of the buying process which I feel doesn’t get enough attention is the home inspection.
Often times I talk to clients who have purchased in the past without a home inspection and ...
Posted by Phillip Franco
on January 7, 2012
There have been several instances of falling glass panels and failed window seals in condominium apartments in the Greater Toronto Area. While the construction industry and government initiatives deal with these issues and try to prevent any further occurrences, I believe planning by condominium boards is also important for the future of these glass clad towers and to protect the investment of the ...
Posted by Jagdeep Singh
on December 2, 2011
Price matters.
I talk to my sellers about the “critical first 3 weeks.” While I’ll do everything I can to get you top dollar for your home, I would be doing you a great disservice if I told you we could price it 20%, or even 10%, above market value and still find willing buyers. As a matter of fact, starting out high could end up netting you less, since the longer your home is on ...
Posted by Peter Sigurdson
on December 2, 2011
In the last couple of weeks, I’ve found myself answering a lot of questions regarding the merits of re-mortgaging given the current interest rate conditions. If you have not spoken with a mortgage advisor in the past couple of months – MAKE IT A TOP PRIORITY TO DO THIS TODAY!!!!
Low interest rates (as low as 2.2% if you have a solid credit score) will in many cases make it worthwhile ...
Posted by Peter Sigurdson
on December 2, 2011
Those of you who enjoy following the Toronto real estate marketplace will like the upgraded version of Realtor.ca that has just been released, with many new features and tools to customize your searches and find what you want faster.
The new interface’s features include:
Collapsible panels on the map search.
The current map search is divided into three parts: search criteria ...
Posted by Peter Sigurdson
on December 1, 2011
Considering an investment property? Prices are down currently so now is a great time to find a motivated seller and get a bargain.
When searching for a bargain investment, you should start by understanding the difference between chronic and acute problems with a property. What you really want in an investment property or flip is a property that has a lower price than other recent ...
Posted by Peter Sigurdson
on December 1, 2011
This is a summary of the course notes for the “How to Buy a Condo” training seminar that I ran on Saturday, November 26. If you would like to be invited to future seminars, send me an email at Peter.Sigurdson@Century21.ca. Be sure to put “Training Seminar Request” in the subject line.
Many people look at condo ownership as a way to be in the heart of downtown ...
Posted by Peter Sigurdson
on November 29, 2011
When it comes to appraising your home, it is critical to protect the perceived value of your home by hiring the best talent available for the job. The appraiser needs to be familar with the area, the housing styles, and the buyers who want to buy into that area. With this job possibly shaving off or adding large amounts from the value of a property, it is essential that the job is ...
Posted by Peter Sigurdson
on November 29, 2011