6 Trends Driving New-Home Designs

What is luring home buyers to new homes? Technology, the outdoors, and “super kitchens” are among some of the design drivers in the new-home market. Here are some of the trends: Super kitchens: The kitchen is not just a hub for cooking but has become a centre of the home for entertainment and conversations. Builders have…

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Furnace Shopping

Winter (unofficially) has arrived, and many homeowners are crossing their fingers and hoping that their heating system will make it through one more season. But if your furnace is 12 years or older or operating inefficiently with frequent breakdowns, it may pay in the long run to upgrade now. Heating and cooling your home eats…

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GTA Realtors® Report Mid-November Housing Figures

TORONTO, November 18, 2014 – Toronto Real Estate Board President Paul Etherington announced that Greater Toronto REALTORS® reported 3,350 sales through the TorontoMLS system during the first 14 days of November 2014. Compared to the same period in 2013, this result represented an increase of 8.3 per cent. Over the same period, new listings were…

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Current Residential Mortgage Rates as of November 18, 2014

Term Rate 6 months 3.95% 1 Year 2.89% 2 Year 2.34% 3 Year 2.79% 4 Year 2.77% 5 Year 2.79%* or 2.89%** 7 Year 3.79% 10 Year 4.39% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.70% = 2.30% Variable Open = Prime plus 0.80% = 3.80% * = CHMC Insured ** = Conventional…

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Cut The Clutter

You’ve reached your breaking point. You’ve tripped over the same thing in the living room too many times. Now you’ve picked it up to finally put it away and you realize – you have nowhere to put it. You have too much clutter in your home. So what do you do? How do you decide…

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6 Tips To Become A Successful Residential Landlord – by Mark Weisleder

Being a successful residential landlord in Ontario is not easy. Here are 6 important tips to remember: 1. Properly qualify your tenants in advance. Ask for proof of income and call the references that are provided. Check their credit. Interview them where they live. Check them out on social media. If you have any concerns,…

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Plumbing Preparedness

As temperatures dip, the calls for emergency plumbing repairs soar. In fact, the insurance bureau reports that water damage is now the leading cause of property damage.   But here are steps homeowners can take to prevent floods and keep damage to a minimum: Let everyone in the house know where the main shut-off valve…

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November Home Checklist

It’s official: the holiday countdown is on for homeowners. There is still time to check off some of those decorating and home improvement projects on your list in time for the holiday season, but the clock is ticking. There are also a number of home maintenance tasks that need to be done this month make…

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Toronto Neighbourhoods Under The Scope: October 2014 vs October 2013

Find your neighbourhood below and see how October’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) Oct 2013 Oct 2014 % Change Active Listings 252 248  –  1.6% Sales 74 82 + 10.8% Average Price $1,125,668 $1,193,782 +  6.1% Days on Market 26 27 +  3.8% Avg % of List Price 98 97…

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