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Archive for November, 2012

James Metcalfe’s November Real Estate Update in Our Home Toronto

It is hard to believe that we are already halfway through November. This month in our Real Estate Update in Our Home Toronto we find that the average price of a resale home in October in the GTA was $503,479, a +6% increase from October 2011. Townhomes saw an increase of +3% and condos remained flat at +/- 0%. The average price remains well above the rate of inflation but volume of homes sold is decreasing. This month we also discuss an important court decision regarding the question of whether or not condo corporations need to inspect the unit before issuing a status certificate (for the unit)? In this month’s look at “Personal Finance” we look at three important tips to take into consideration when evaluating adjustable rate mortgages. And as always, we have our ever popular “Pearls of Wisdom- here is a quick preview “The difference between stupidity and genius is that genius has its limits”-Albert Einstein .

James Metcalfe’s November Real Estate Update from James Metcalfe

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Santa Claus is coming to town!

This year marks the 108th Santa Claus Parade. Taking place every year in November the Santa Claus Parade is truly the beginning of the Holiday Season in Toronto. With the parade being the start of the holiday season we here at Our Home Toronto thought we would let you in on some of the great holiday events that are hitting Toronto streets leading up to Christmas:

1) The Santa Claus Parade: The Santa Claus Parade began in 1905 and continues to go strong today. Thousands of people line the parade route to see all the colourful floats and catch their first glimpse of Santa.

Mr. Peanut!

Mr. Peanut!

2) Toronto Christmas Market: Starting Friday November 30 and running until December 16 the Distillery District come alive with the warmth and romance of traditional Christmas markets in the heart of Downtown Toronto. See live music, drink hot chocolate and take in all the beautiful sites and sounds of Christmas! Take a look at this video to see what awaits at the 2012 Christmas market Toronto Christmas Market

3) Cavalcade of Lights Festival: Leading up to the holiday season each Toronto neighbourhood will light up beginning November 18. The main display will be at Nathan Phillips Square but other participating neighbourhoods include Bloor-Yorkville, Bloor West Village, Rosedale and Little Italy.

4) Handel’s Messiah: Every year Tafelmusik presents Handel’s Messiah at the beautiful Koerner Hall at the Royal Conservatory of Music. You can also join in on the sing-a-long version on December 23 at Toronto’s world famous Massey Hall.

Our Home_Santa

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Cabbagetown: Exquisite Luxury Home

Exceptional finishes & attention to detail … 17 Millington St. is a contemporary design, open concept & ready to move in; 3+1 bedroom, 4 Gingers washrooms,. It offers 2800 sq ft of total living space, 2 wood burning fireplaces, 4 car parking including 2 garages, a spacious family room, 6 premium appliances and all on an extremely quiet street in the heart of prime Don Vale. Steps to Restaurants, Shopping, Transit and Parks … Visit http://www.OurHomeCabbagetown.com for other spectacular homes and condos. Find Your Next Dream Home!
Steps to Restaurants, Shopping, Transit and Parks

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James Metcalfe’s Real Estate Update October 2012…In Our Home Toronto

Here is our October 2012 Real Estate Update in Our Home Toronto. September saw strong price growth versus 2011. The average price of a resale home in the GTA in September was $503,662 a +9% increase from 2011. We also saw strong growth in single detached homes (+8%), semi-detached homes (+12%), townhomes (+6%) and apartment condos (+6%). This month we also provide some ideas for decorating for the fall season including tips on rugs, lights, plants and backdrops. This month in Legally Speaking we discuss the legalities of the home inspection clause with a case from the Ontario Court of Appeal. We also provide you some tips on how to strengthen home inspection clauses from the seller’s point of view. Finally this month we provide you with some heat saving tips and the ever popular Pearls of Wisdom….here is a preview “Behind every great man is a woman rolling her eyes”- Jim Carrey

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