GTA Realtors Release Mid October Statistics
October 16, 2015 – Toronto Real Estate Board Members reported 3,889 sales through the TREB MLS® System during the first two weeks of October 2015. Broken down by major market segment, the strongest annual growth in sales was in the townhouse segment, followed by condominium apartments and semi-detached houses. Detached home sales were down on…
Read MoreResidential Mortgage Rates as of October 13, 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 0.85% = 1.85% Variable Open = Prime plus 0.80% = 3.50% Secured Credit Lines = Prime plus…
Read MoreUncover The Natural Beauty of Hardwood
Hardwood and bamboo have become the flooring choices of decorators and homeowners alike. Easier to clean, with a simple aesthetic that suits any decor, more and more homeowners are replacing carpet with unadorned floors. Hardwood – whether it’s bamboo or plank – is one of the hottest trends in home decor and at the top…
Read MoreImproving The Air You Breathe
As winter approaches, homeowners are concerned with keeping their homes warm and snug. But as we caulk and weatherstrip to seal our homes, we need to stop and consider the quality of the air we are sealing in. We spend an estimated 90% of our time indoors, and about 65% of that time in our…
Read MoreCreate Fall Curb Appeal
In preparation for Thanksgiving and the smell of pumpkin pie, create a little spice of your own with some seasonal curb appeal. You don’t have to limit yourself to pumpkins and hay bales – below are tips and projects for sprucing up your home’s view from the curb this season. Front Door, First Impressions Your…
Read MoreSmall Improvements, Big Savings
Cold weather means using more energy to heat your home and for customers with baseboard heating, this can have a significant impact on the electricity bill. For example, a five-foot baseboard heater can cost up to $150 a month to operate. Most homes have more than one baseboard heater, so multiply $150 by how many…
Read MoreGTA Realtors® Release September Resale Figures
TORONTO, October 5 , 2015 – Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported a record number of transactions for the month of September through TREB’s MLS® System. There was a combined 8,200 home sales reported for September 2015. This result was up 2.5 per cent compared to September…
Read MorePlanning Ahead for an Eye-Popping Spring Bulb Garden
Fall is the time to plant spring-blooming bulbs such as tulips, daffodils, crocus and alliums. Before ordering your bulbs, here are a few tips to guarantee great results come spring. 1. Pick a color theme Interior designers often work with a color palette – a selection of colors chosen to give a room or a…
Read MoreBuilder’s Agreements: What You Need To Know
A typical builder’s Agreement of Purchase and Sale is a long and complex document which many buyers sign without the benefit of legal advice. Whether you have bought a brand new condominium or freehold, there are many reasons why the Agreement of Purchase and Sale should be reviewed by an experienced real estate lawyer. With…
Read MoreInterest Rate Hikes: Not if, But When (But Also If)
One headline suggests interest rates are bound to rise soon, the next suggests they may drop to new lows, and a third suggests no changes anytime soon. This has been the case since rates dropped to 50-year record lows in 2009. Many were adamant that rates could go no lower at that point, and yet…
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