Monday, February 28, 2011
Beautiful 2 bedroom bungalow
Tuesday, February 15, 2011
January Toronto Real Estate Market was Strong
Market Watch
Good Start to 2011
February 4, 2011 -- Greater Toronto REALTORS® reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010.
"While off the record pace experienced a year ago, the GTA resale market has started the year on a solid footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing types for sale at many different price points," said TREB President Bill Johnston.
The average selling price for January 2011 sales was $427,037, representing an increase of over four per cent compared to the average of $409,058 reported in January 2010.
"The average selling price is expected to grow at a moderate pace in 2011. Growth rates in the three to five per cent range will be sustainable from an affordability perspective," said Jason Mercer, TREB's Senior Manager of Market Analysis.
Median Price
In January, the median price was $360,000, from the $350,000 recorded during January of 2010.
Good Start to 2011
February 4, 2011 -- Greater Toronto REALTORS® reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010.
"While off the record pace experienced a year ago, the GTA resale market has started the year on a solid footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing types for sale at many different price points," said TREB President Bill Johnston.
The average selling price for January 2011 sales was $427,037, representing an increase of over four per cent compared to the average of $409,058 reported in January 2010.
"The average selling price is expected to grow at a moderate pace in 2011. Growth rates in the three to five per cent range will be sustainable from an affordability perspective," said Jason Mercer, TREB's Senior Manager of Market Analysis.
Median Price
In January, the median price was $360,000, from the $350,000 recorded during January of 2010.
Thursday, February 10, 2011
Hot Market
SELL NOW! If you are thinking of selling your property this year, there have been many changes this year, including
increases to the interest rates & the elimination of the 35 year mortgage, that are causing the real estate market to heat up. You can NOW get top dollar for your home, call me today for details.
increases to the interest rates & the elimination of the 35 year mortgage, that are causing the real estate market to heat up. You can NOW get top dollar for your home, call me today for details.
Beware of purchasing in the US
I have seeen lots of companies promoting purchasing properties in the US, be careful. I have seen some statistics showing that the US will have another real estate drop. Before purchasing in the US make sure that you understand the tax laws and that you understand what factors will affect the real estate market in the future, such as unemployment.
Tuesday, February 8, 2011
Mortgage Rates have started to climb up
If you are thinking of purchasing soon, now is the time to get pre-approved and hold the rate. The rates have started to climb today and will continue to climb.
Monday, February 7, 2011
Your Credit is important to your future
Always keep in mind that maintaining a good credit score with active credit will insure that you get the best available rates from your lender when you are applying for a mortgage. For tips / report on improving your credit score or on re-establishing your credit visit my web site www.theamigo.ca
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