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Elliot Gordon Homes

GTA Realtors Report January Resale Housing Figures

TREB President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB’s MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per cent compared to December 2018. “It is encouraging to see the slight increase…

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The ABCs of Alternative Lending

Most homebuyers, when it comes to their financing, want the best rate possible. And that usually means turning to either the big banks, credit unions, or monoline lenders. In the mortgage business, these lenders a typically called, “A” lenders. If you’ve got good credit, a good job and decent down payment, you’re probably looking at…

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Deco-rating

Every store from Walmart to Urban Barn has aisles chock-full of mid-century decor. Even if you can’t spot its signature clean lines and minimal details from a mile away, most stores have products that are blatantly labeled “mid-century inspired.” Plus, there’s a good chance you have a piece or two in your home. It’s the…

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More Than Just “Smart” Thermostats

Helping the environment and saving money are the perfect homeowner’s combination. Any upgrade to your home that reduces your energy consumption can lower gas and electricity bills, cut energy production, and reduce your carbon footprint. During the winter months, you may set your thermostat to a cooler temperature while you are away so you do…

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How to Make Your House a Hard Target for Burglars

I recently attended a community safety meeting in my neighbourhood. One of the speakers was Gordon van der Grinten, a former OPP officer and current owner of a home security company. Here are his tips to make your house a “hard target” for burglars: 1. If you go out town, make your house look lived…

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GTA Realtors® Release December and Annual Resale Market Figures

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB’s MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered into TREB’s MLS® System were down by 12.7 per cent…

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The Foundation of your Construction Mortgage

It can be a real process finding the perfect home that fits all your needs. And for some, the market doesn’t offer them anything they want. Instead, they’ve got their own idea of their ideal home and they want to build it from the ground up. It’s certainly a reasonable option, but there are some…

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GTA Realtors® Release November Resale Market Report

TORONTO, ONTARIO, December 5, 2018 – Toronto Real Estate Board President Garry Bhaura announced the continuation of moderate price growth in November 2018 compared to November 2017. The MLS® Home Price Index (HPI) Composite Benchmark was up by 2.7 per cent year-over-year. The average selling price was up by 3.5 per cent year-over-year to $788,345.…

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Fall/Winter Energy Efficiency Tips

Autumn is in full swing – cool, crisp days and the last of the leaves have fallen. This fall, as you go about getting your home ready for winter, pay attention to the little details that can improve energy efficiency around your home. Book an appointment to have your furnace cleaned and safety-checked this month.…

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Using Your Pre-Payment Privileges

You could say a mortgage has a personality. While it might seem like an unusual way to describe what is basically a financial transaction, it’s actually apt. Mortgages do have personalities. That’s because there are so many details and aspects to any mortgage. And if you’re about to sign on the dotted line, it’s important…

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