Things are definitely looking better for 2009 real estate market.
According to the Toronto Real Estate Board greater Toronto realtors® reported 4,561 transactions in the first half of May. The average price of homes in the GTA is also within one per cent of the May 2008 average of $398,148. Markets around the world may be struggling but in the Greater Toronto Area, resale housing ...
Posted by Rose Lopez-Frometa
on May 29, 2009
With the Canadian real estate market recently entering a thawing stage, and the onslaught of the beautiful weather, why not spend a few weekends sprucing up your home and property before listing? Not everyone can afford sometimes-expensive home staging services, but a few coats of paint, finally fixing those squeaky doors and wobbly railings, or hanging some fresh drapes could mean the difference ...
Posted by Paul Baron
on May 29, 2009
Making the decision to buy a home is exciting and empowering, but can be a little overwhelming when you’re just starting out. Of course you want to find the perfect home in a great neighbourhood, not too far from work and good schools for your kids. Now, the hunt for this ideal home has been made less time consuming and more fun than ever before. The emergence of Web 2.0 applications on ...
Posted by Paul Baron
on May 28, 2009
The current housing market has opened up an array of exciting opportunities for young and first time home buyers. House prices have dropped in several areas and interest rates are lower than ever. The government has also introduced the First-Time Home Buyers’ Tax Credit and raised the maximum RRSP withdrawal for first home purchases up $5,000 to $25,000. Young professionals in their twenties ...
Posted by Paul Baron
on May 25, 2009
We all know about the goverments offer where qualified home buyers can use a generous portion of their RRSP money to buy a home but there is a 2nd program available.
The Home Buyers Tax Credit allows qualified home buyers to claim up to $750 in tax credit relief. While it may not sounds like a lot to many, this amount could potentially cover your legal fee's. I don't know about you ...
Posted by Robert Atkinson
on May 25, 2009
Another house is just sold in three days.
I listed 174 Everett St. Thursday night (May 21) and got four offers by Sunday night (May 24). The house was sold firmly at over asking price. The market is unbelievable!
www.174everettst.com
Posted by Rosy Zheng
on May 25, 2009
It's hard to believe that this happened in May 2009. I listed 20 Ridgecrest Road for sale on May 4th. We had over 40 showings and 5 offers registered in 3 days. The house was sold at over asking price without any conditions. So, slow market? No way.
www.20ridgecrestrd.com
Posted by Rosy Zheng
on May 25, 2009
Another house was just sold in three days.
I listed 174 Everett St. Thursday night (May 21) and got four offers by Sunday night (May 24). The house was sold firmly at over asking price. The market is unbelievable!
www.174everettst.com
Posted by Rosy Zheng
on May 25, 2009
When selling your home, remember that first impressions are extremely important. You want to make sure to entice potential buyers into the house with some quick "curb appeal".
When it comes to houses, many buyers believe they can judge a book by its cover. In fact, the outside of your home says a lot about what a potential buyer might find on the inside. Rarely will you get buyers ...
Posted by Jasmine Lee
on May 14, 2009
Bank of Canada dropped the prime lending rate 0.25% and the banks followed. Further assurances were given that the rates are expected to remain low into 2010.
Prices have become more affordable and we are seeing an increase in home sales above what is typical of the spring market. This means that 'serious' buyers are moving fast to scoop the better homes as soon as they hit the market, ...
Posted by Robert Atkinson
on May 11, 2009