Our Take on The Market for Todays Buyers -November 2017
As you may know,
the banks will be introducing new lending rules in January 2018. Buyers with under 20% down have been qualified under these rules for some time already. What this means is that buyers will have to qualify at 2% higher than the benchmark rate. They will still loan at the benchmark rate. The talk seems to say that buyers will qualify for about 17% less. There is a lot of speculation in our industry that prices will adjust downward. This remains to be seen and may take until March April and beyond to take effect.
If this is true it is good news for buyers with good incomes. Opportunity to buy at lower prices than the last couple of years.
In our NEW Informed Sellers Guide, we ask the question of our potential clients to write 10 reasons "Why I love my Home and neighbourhood?" In 2015 I wrote about Etobicoke neighbourhoods and why we love them best.
Pinterest has a board of 722 best why I love my house images. It's inspiring to look at these images and envision them in your home. There's a blog by the Frugal Homemaker that shows the 20 reasons why she loves her home and they are getting ready to move next year.
Quoted in an essay by unknown "For me happiness starts from my home and ends at my home." Well , why is that?
The main reason we ask is to find out from the home seller why they have loved living there . What is their story? For a home buyer this can be important information.…
BY KATHY, LAUREN & JOE GORDON
Real Estate Agent with REMAX Professionals Inc.
October 11, 2017 08:02 AM
What if a home could improve upon your five senses?
Great Gulf homes in Canada, Etobicoke's Centennial Park neighbourhood have created this new age home to enhance your life and lifestyle. It is the first of its kind and they call it Active House. Their approach is the efforts of a team of Denmark and Canadian scientists determining what in a home can be improved upon with todays technologies to make it the best possible experience.
Active House is a better way to build and live in your home.The five senses we enjoy as human beings are the senses Great Gulf has focussed on for a better living
"the easiest way to organize your stuff is to get rid of most of it"
A loved ones lifestyle is changing. It could be a downsize, a divorce or even a death in the family. The challenges of this moment in your families life is difficult to understand. Moving your parents is one big thing, finding a caring place is another. Then selling your childhood home seems inconsequential after helping your family cope.
Our job is to minimize the challenges and our specialty is meeting with everyone involved, providing the expertise needed to solve the families issues, to do with Real Estate. Getting the family home ready, whether it is decluttering, Cleaning, moving old furniture out and staging new furniture and accessories to update your home…
Right in the heart of Etobicoke, where there once was a school Kipling Grove for Juniors from Kindegarten TO Grade 6 there now, as of September 30 is a site plan. A brand new 53 home housing development by Minto a Canadian company. Its called Glen Agar and it is a wonderful mix of traditional and contemporary architecture. 3-4500 square foot two storey homes on a wide variety of lot sizes to choose from. Nestled on two cul-du-sacs running off of Glen Agar Drive you will see the transformation taking place as we blog. Here is a video of the property and you can call us to go see the Presentation and answer any questions you may have about the homes, landscaping, features etc. We have sourced out all the information for you and will help guide
Mimico, Etobicoke, Mimico home of the wild pigeons and Etobicoke "where the alders grow" as the Indian tribes of the day named them. Changes have come and have gone since those early days and what you see today is an active, vibrant community along the lake shore of many new architecturally designed plus environmentally pleasing space.
From the bridge that crosses the river and the paths etched out along the lake, you can enjoy the dog-walking people watching spectacle. " TORONTO" displayed of driftwood sits on the shore across from a City view of our growing skyline. Development rages on in this zone of skyscrapers.
Downsizers, Millenials, from all walks are making this lake front a destination for living
Etobicoke is our focus, of course when we analyze the Economics reports from the Banks. The most recent are from Scotiabank and its VP Derek Holt.
Canada vs the International market shows that we are not overvalued yet but we are expensive. But not to Americans or the US dollar investors. To the Global market, Canada still looks like a good place to live not just invest.
As this relates to us in Etobicoke with its easy access to the Airport and Downtown of the largest city in Canada both economically and growth wise we are in a very positive positioning. What's happening currently we have an increase of listings in TORONTO but once this dissipates (due to spring market) I think we will be back to it. Multiple offers have
Our latest home for sale is loaded with features both on the exterior and interior. In this fast moving market as is Toronto sometimes these get lost in the fever that is home purchasing.
First and foremost is that the home sits backing onto a ravine known as the Credit River. Next, it sits on a quiet cul du sac with an estate like curb appeal. Professional landscaping and of course a beautifully decked out swimming pool of grand size. So once you get past these major amenities you might not notice all the other add-ons the present owner has bestowed upon this gorgeous home. Then you see the photos, but they don't tell the whole story. So here they are.
Now, what would think these would add to the home's value. The value should be measured in
Go Fetchit is a new service I tried out the other day which runs like an Uber service for delivery and pickup of items. I needed to get rid of two appliances and lumber materials to be taken to the dump. We use Uhaul for our Staging service on a regular basis. But with Uhaul you need to get help with the lifting, rental of the truck, insurance on the truck and kilometers and gas for the truck. These are the fixed costs. So when I needed to get rid of the items already mentioned I wanted a simpler way of doing it minus all the headaches of finding help and insurance etc.
I watched a recent TV program on Zoomers TV on Downsizing your home to a smaller premise. The show had a panel of advisors on it from the Real Estate industry, mortgage, and
On all of the homes we get to sell we feature a virtual tour which shows the photos, an interactive floorplan, a map and a Virtual tour panning the photos of the home. As well to give your homes more life we now offer a video of the street and Lauren showcasing the homes features. This way you get to meet us prior to an appointment.