Business, Toronto Real Estate News

Housing Market in the GTA – November

December 20th, 2011

Toronto Ivy House by havent the slightest
Toronto Ivy House
by havent the slightest

The fall months seem to have been a greatly successful with regard to the housing market in the Greater Toronto Area. November did not disappoint. On the contrary, it was all about increases! Not only did the number of homes sold through the Toronto MLS® system go up by more than 10 per cent over the year, but also new listings and, once again, prices did not fall behind.

(Housing Market in the GTA – November continued...)

How to Choose a Realtor

December 9th, 2011

Home for sale by Joseph North
Home for sale by Joseph North

Over the past 10 to 15 years, the average residential real estate sale transaction has gone from a relatively straightforward deal to a more sophisticated business transaction. The basic mechanics remain the same: list the property, find a buyer, and close the deal. However, other requirements have made the sales process more convoluted, including disclosure statements, home inspections, environmental issues, and the Internet.

(How to Choose a Realtor continued...)

Farmland Value Rising, Farmers Happy

November 3rd, 2011

Farm on the edge of Chesapeake Bay 1
Farm on the edge of
Chesapeake Bay

Do you have your portfolio of condos, lofts, and luxury houses but still want to include more properties? Maybe it is time to consider investing in farmland

(Farmland Value Rising, Farmers Happy continued...)

Residential Vs. Commercial Financing – The Difference

October 20th, 2011

Blue And Pink Piggy Banks by kenteegardin
Blue And Pink Piggy Banks by Ken Teegardin

The very first thing you have to realize about the difference between residential and commercial financing is that commercial real estate can be represented by more than just shops, warehouses and machine shops. The margin between residential and commercial real estate can be quite blurry. Peter Kinch offers an interesting comparison.

(Residential Vs. Commercial Financing – The Difference continued...)

Condo Projects in Toronto

October 5th, 2011

Under Construction by torontocitylife
Under Construction by torontocitylife

Every new condominium development project is altering Toronto’s look and dynamics a little. Thousands of new condos have been built in the city over the last couple of years, and this activity does not seem to be on the decline. On the contrary, there are more and more condos being built. More than 40 condo projects are supposed to be launched in Toronto this fall alone, and hundreds are already being built. Discover a few of the most interesting ones.

(Condo Projects in Toronto continued...)

Homebuyer’s Strategy For Upcoming Months

September 30th, 2011

The Annex by Zach
The Annex by Zach

Spring and summer 2011 were pretty busy seasons in the Greater Toronto Area real estate market. Low interest rates are still fueling buyers’ activity and caused substantial activity in terms of sales. The average property price is rising swiftly, contributing around 10 per cent on a year-to-year basis.

(Homebuyer’s Strategy For Upcoming Months continued...)

2011 Real Estate Roundtable Update

September 21st, 2011

postcity

In the current edition of Post City Magazine our real estate experts revisit their bold spring predictons and look to the future. Elli takes part in the conversation, find out what was said!

(2011 Real Estate Roundtable Update continued...)

Housing Market in the GTA – August

September 13th, 2011

Moonlit Toronto by Hobvias Sudoneighm
Moonlit Toronto by Hobvias Sudoneighm

With another month passing, a new GTA housing report has been released! Here is the news. Last month, 7,542 sales through the Toronto MLS system were reported by Greater Toronto Realtors. In comparison with August 2010 and its 6,083 sold homes, it is a very nice, 24 per cent increase. Thus, despite a “less certain economic outlook,” the housing situation in our area is quite satisfactory.

(Housing Market in the GTA – August continued...)

Open Houses: A Guideline

August 31st, 2011

Open Door by Dr  Wendy Longo
Open Door by Dr. Wendy Longo

When you are house hunting, one of the most useful ways to spend a lovely afternoon is to go to a few open houses. This gives you the opportunity to compare, and possibly choose, the home of your dreams. There are both positives and negatives to open houses, but the reality is that they are often an essential part of the home-selling process.

(Open Houses: A Guideline continued...)

Selling a Home with a Tenant

August 12th, 2011

For Sale by Ian Muttoo
For Sale by Ian Muttoo

We often talk about selling Toronto homescondominiums and houses alike — and relocating to new properties, but sometimes you may need to sell a house that you have held as investment property. If you own an investment property, you most certainly would have found a tenant to help you improve your return on investment.

(Selling a Home with a Tenant continued...)

Housing Market in the GTA – July

August 10th, 2011

Toronto City Hall by Francisco Diez
Toronto City Hall by Francisco Diez

Another month has passed, which means another report about the real estate situation in the Greater Toronto Area — and a pleasant one, too! According to Greater Toronto REALTORS®, July was a very successful month. In July, 7,922 sales via the MLS system were recorded — up 23 per cent from the numbers seen in July 2010.

(Housing Market in the GTA – July continued...)

Loan and Mortgage Prepayment

July 25th, 2011

If you have ever taken out a loan or a mortgage, you know that you must usually pay your dues back in even monthly instalments. Over the lifetime of your loan, these instalments will cover both the face amount of your loan or mortgage as well as all the interest that you incur (on the face amount).

(Loan and Mortgage Prepayment continued...)

Google Places & Yelp Reviews Solicitation

July 13th, 2011

Working with Elli Is Great

Wall of Wishes by Xavi Talleda
Wall of Wishes by Xavi Talleda

Did you find working with Elli Davis and her team to be a positive experience? Tell us why. Tell everybody why!

Elli Davis has been working in real estate since 1983. She has now far surpassed her 25-year mark. Elli has also been Canada’s #1 real estate agent for Royal LePage for 12 consecutive years. As if that weren’t enough, Elli was Toronto’s #1 Realtor® for 22 years in a row, which is most of her real estate career!

(Google Places & Yelp Reviews Solicitation continued...)

Housing Market in the GTA – June

July 13th, 2011

Real Estate Sign by Chris Griffith
Real Estate Sign by Chris Griffith

Last month was all about increases when it came to housing in the Greater Toronto Area. Not only were the usual price rises recorded, but sales also grew. As reported by Greater Toronto REALTORS®, 10,230 homes were sold in the area through the MLS system. This is 21 per cent higher than the result from June of last year.

(Housing Market in the GTA – June continued...)

Analysis on Average Home Prices in Toronto

May 28th, 2011

Average Home Prices Over the Year
Average Home Prices Over the Year

Average home prices are one of the most important real estate indicators that show how strong the real estate market is. When is the best time to buy or sell? What factors can change predicted prices? And what should you expect in the coming months? We used data from the Toronto Real Estate Board to answer these questions.

(Analysis on Average Home Prices in Toronto continued...)

Why My House Won’t Sell and What to Do About It?

May 12th, 2011

Red Box at Night 1
Red Box at Night 1

It is amazing when you start getting offers days after you first listed your home on MLS and/or online.

(Why My House Won’t Sell and What to Do About It? continued...)