GTA Realtors Report Mid September Sales Stats

September 15, 2015 – Toronto Real Estate Board Members reported 3,268 sales through the TREB MLS® System during the first two weeks of September 2015. This result was up by 1.8 per cent year over year. On a GTA-wide basis, annual growth in sales was driven by the townhouse and condominium apartment segments of the…

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4 Affordable Ways To Create Spa-Like Panache

Our love of a spa-like bathroom experience continues to be strong, with industry watchers reporting that luxurious touches like freestanding bathtubs, separate vanities and top quality materials remain in demand. But if you’ve delayed renovating your bathroom, thinking that creating the ultimate spa at home won’t fit your space, budget or lifestyle, think again. It’s…

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Fall Home Checklist

As an autumn chill creeps into the days, homeowners should be thinking of getting their homes ready for the winter months ahead. Getting a jump on some of the fall maintenance chores will still leave lots of time for enjoying the remaining days of summer. Here are some of the things that might need to…

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Neat Ideas To End Kitchen Clutter

There are two approaches to take with a kitchen you’ve outgrown – remodel or make better use of existing space. You might find that organizing cupboards is all it takes to turn your cluttered kitchen into a model of efficiency. The principles of storage are simple: keep items close to where they will be used…

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Settings Your Expectations

There is no end of headlines citing reports by economists, think tanks, etc., quoting statistics galore about what is happening and will happen with Real Estate values. All of the endless speculation does little to quell the fears of first-time homebuyers, or in many cases, current home-owners. It is worth keeping in mind that the…

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GTA Realtors® Release August Resale Housing Figures

TORONTO, September 4, 2015 – Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 7,998 residential transactions through the TREB MLS® System in August 2015. This result represented a 5.7 per cent increase compared to 7,568 sales reported in August 2014. On a GTA-wide basis, sales were up for all…

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Don’t Forget Your Commute When Buying

The metrics of mileage are often overlooked during the home-buying process. With few homebuyers planning to flee city living for the suburbs, making the effort to spend a dark winter’s week purposely practising the actual (new) commute during peak travel times. When reality kicks in it can be quite painful to adjust to. Research performed…

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Residential Mortgage Rates as of August 28, 2015

Term Fixed Closed Rate 6 months 3.95% 1 Year 2.29% 2 Year 2.19% 3 Year 2.34% 4 Year 2.49% 5 Year  2.49% 7 Year 3.44% 10 Year 3.89% Prime = 2.70% Variable Closed (5 yr) = Prime minus 0.70% = 2.00% Variable Open = Prime plus 0.80% = 3.50% Secured Credit Lines = Prime  …

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6 Home Renos That May Hurt Your Home’s Selling Price

When people renovate their homes, they often factor in whether those renovations will add to the resale value. While few homeowners recoup the full cost of home renovations, updated bathrooms and kitchens, plus other improvements, can help you sell your home more quickly, and for more money. The added bonus is if you do the…

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5 Tips to Conquer Closet Clutter

If chronic closet clutter plagues your home, here are five neat ways to help you get organized: 1. Make a plan – Assess your organizational problems to come up with a plan to attack the problem. Cluttered closets are a relatively easy fix—closet chaos will take some work. Ask yourself what bothers you the most…

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