Archive for August, 2010
Gorgeous Executive Home SOLD … 4100 sq. ft.; 5 Bedrooms, 5 Washrooms, Stunning Finishes, Fantastic Back Yard with Stone Hot Tub, and Huge Family Room … My colleague Linda Reynolds is one of the best REALTORS® in Toronto. This Governor’s Bridge neighbourhood while sometimes wrongly overlooked has some fabulous homes. When you select Royal LePage RES Ltd, JOHNSTON & DANIEL Div. Brokerage as your REALTOR® you get the best possible resources and sales experience in the business.
Call 416-931-4161 for your Home Market Value Assesment & Opinion of Value.
- St Lawrence Mkt / Flat Iron View West
Market Watch statistics and reports are provided by the Toronto Real Estate Board. Each neighbourhood district in Toronto is broken down showing sales, listings activity & ratios … all subdivided by Freehold and Condominiums.
We follow these market statistics closely in order to be as current as possible while preparing Comparative Market Analysis and Opinions of Value. The market is of course driven by what buyers are willing to pay for any given home compared to what other properties are offered for. It’s is all about supply and demand and finding the best possible value from all the buyer has to choose from.
Buyers simply don’t pay tens of thousands more if they don’t have to. I recommend to all sellers that they acknowledge the market trends but even more importantly they see first hand at least 6 properties that compare to their own. Only by seeing what other buyers see can they truely understand the market value that their home may command.
Good Realtors spend a great deal of time staying ahead of their competion by knowing how to read the market. Coming up with a recommended Opinion of Value is more than filling a sellers head with great promise. Our job is not to tell you what you want to hear but on many occasion to tell you what you need to hear. Accepting reality will sell one’s home much faster, with fewer conditions and for the best possible price.
“My luck is so bad that if I bought a cemetery, people would stop dying” ~ Ed Furgol
“Youth would be an ideal state if it came a little later in life” ~ Herbert Henry Asquith
“Diplomacy is the art of letting someone have your way” ~ Daniele Vare
“If you can’t be a good example, then you’ll just have to be a horrible warning” ~ Catherine Aird
“Blessed is the man who, having nothing to say, abstains from giving us worthy evidence of the fact” ~ George Eliot
The charts are in … Year to date home sales in numbers and dollars in Toronto are up. Yes July was down some 35% over last July but when compared to July 2008 (a more relevant comparison) all is even. Our Toronto Real Estate market is somewhat insulated from other Canadian and World markets. Demand is still very strong for land, homes and condos in OurHomeToronto. We are in a balanced market with both buyers and sellers / supply and demand even. Pundits are forecasting an active Fall with more listings coming to market. Mortgage brokers and financial institutions indicate that Fall interest rates will remain very attractive and may even go down slightly.
Buying or Selling this Fall is a good time to come to market.
These statistics come directly from the Toronto Real Estate Board every month for your convenience.
Thank you for subscribing … Jim
EXQUISITE FORMAL HOME; Three levels of 4150 square feet. 4+1 Bedrooms, 5 Bathrooms, 3 Fireplaces, 2 Car built in garage (with heated drive), Large Family Room with walk-out to large deck and landscaped back yard, spacious Downsview Kitchen with Granite counters and bright western exposure Breakfast Area, Oak paneled Library, Huge Master Bedroom, En suite & Closet, Billiard and TV Room, Nanny Suite …
Call my direct # … 416-931-4161 … for your Home Comparative Market Anaylisis & Opinion of Value … visit OurHomeHoggsHollow.com for many more fabulous homes for sale!
Hoggs Hollow … Feel like you’re are in the country while 15 minutes from everything city. This community is cherrished by it residents and thus has a village aura about it.
I love this business … Jim