As many of you may have read here early in 2012, the average price of a home surpassed the $500,000 mark this year.
Some of my clients in the area have used this opportunity to move up or down to a place of their choice and safely put away the "tax free capital gains" they received from the sale of their principal residence. Seeing as no one knows if this rare tax free status will remain, its more important than ever to know how YOUR home value is doing 2x per year (as all of my ViP clients do via "The Sold Report-East York").
As a resident since 1998, I have met and talked to thousands of you over the years in person, online, at school events etc. The best part about the area getting better is that the people who live here are still humble and not often affected by ups and downs of the overall Toronto real estate market.
All real estate is local and being your chosen "East York Realtor", you will always get the best information on local and national real estate facts....not news.
PS. Over the next few weeks, you wont see many posts about real estate here. Instead, my goal in December of each year is to give thanks for the amazing support I have received from all of you and the local businesses in our area. As part of this, if you know a local business that would like to receive $1000-5000 in rebate vouchers towards buying or selling a home in 2013 that they can offer to clients of theirs as thanks for a great year.....just let me know the details sooner vs later.