May 2018 – Spring has Finally Sprung! Finally! Spring has Sprung! The Sun is Shining, and the Flowers are starting to Bloom, especially my Favorite Flower – Forget-me-Nots. It seems when Spring is in the Air, everything comes out of Hibernation, the Birds, the Flowers, Trees start to Bud, as well as, the Real Estate Market. TREB announced the April numbers … Read More
New Non-Insured Mortgage Rules OSFI January 2018
New Mortgage Rules come into effect January 1st, 2018Thinking of Making a Move? Click here to Start your HOME SEARCH NOW Click here for your FREE NO OBLIGATION HOME Evaluation Would you like to read Harvey Kalles latest ‘Collection’ Magazine? Click here to Read online
First Time Home Buyers Ontario Land Transfer Tax Rebate 2017 Doubles up to $4,000 .00 Refund
First time since 1989, Land Transfer Tax Rebate Doubles for First Time Buyers! Finance Minister Charles Sousa is giving First Time Home Buyers a $4,000.00 Land transfer Tax Rebate to help add relief in order for First Time Buyers to be able to afford getting into the Real Estate Market. Ontario will refund ‘Eligible’ First-time Home Buyers up to $4,000.00 from … Read More
How to Fight City Hall Land Transfer Tax Hike
The Toronto Real Estate Board (TREB) and the Ontario Real Estate Association (OREA) are fighting a City of Toronto proposal that would increase land transfer taxes on homebuyers. TREB has launched a website to shed light on the proposed changes, which it says could add thousands of dollars in upfront tax for some home buyers. TREB also released the results of … Read More
Toronto and GTA Average 2016 Year End House Sale Prices – January 2017 KEY Real Estate News
JANUARY 2017 REAL ESTATE MARKET NEWS Happy New Year! 2016 was a very busy year! In the GTA there were over $100K transactions and the Average Sales Price of a Home in 2016 was almost $730K. Predictions for this year …. the Home Buyers are still eager to Buy with Interest Rates are still low. Sellers still have the upper hand … Read More
October 2016 New Mortgage Rules Toronto and GTA Average Sale Price Market
October 2016 New Mortgage Rules in effect With the new Release of Mortgage Rules effective October 17th this year, the Federal Government is merely being conservative in Buyers now having to qualify for a Mortgage based on Bank’s Posted 5 year fixed rate of 4.5% instead of the Bank’s Discounted rate of $2.5%. This is to make sure that applicants can … Read More
Are Buyer Agents making alot of Money in this Crazy HOT Toronto / GTA Market?
What the heck is going on? This is one of the Craziest Markets I have come across in my 27+ years in the Real Estate Industry! I represented a Buyer in a Bidding War in York Region where the Final Sale was $1 MILLION DOLLARS OVER LIST PRICE! Yes, you read that correctly, and, it was not from my Buyer. … Read More
The Trump Tower – Up For Sale?
Toronto’s Trump Tower is up for sale and has wooed at least one potential buyer. Symon Zucker, lawyer for Talon International, which developed the Trump Tower project and still holds a majority of the condos and hotel suites in the building, confirmed an offer has been made through a letter of intent. He would not name the interested buyer … Read More
Why should I Have a Buyer Agent?
How does a Buyer Agent Represent you? Here are a few reasons why you should have a Buyer Agent representing you and your family: – There is no Fee involved for you the Buyer having a Buyer Agent represent you. – The Agent will be able to give you full listing information, including Offer dates and any other … Read More
APRIL 2016 – First Quarter REAL ESTATE MARKET HOUSE SALE PRICES – TORONTO – GTA
First Quarter March – 2016 Same Problem – LOW INVENTORY Spring has officially Sprung & Lack of Listings are down 20.7%. Less Buyer choices, more Buyer demands equals pressure on Multi-Offers. March 2015 – March 2016 Up 13.6% Average Toronto Price of Homes: Detached $1,174,358 Days on Market 14 Semi-Detached … Read More
Toronto Luxury Home Real Estate Market to ‘Defy Gravity’ this Spring!
Low Inventory and High Demand from Domestic and International Buyers, is Driving up the High-End Luxury Real Estate Housing Market A report says sales of homes worth $1 million or more heated up in Toronto and Vancouver last year as the low loonie fuelled demand from foreign buyers and this phenomenon is continuing this year. (Sean Kilpatrick / CP) Toronto and Vancouver will … Read More
Where to Find a Home in Toronto Under $500K?
A Home under $500K in Toronto? Where? The Market is on FIRE! Especially Properties Listed under $500K! Properties Listed UNDER $500K in Toronto creates a better affordability for First-Time Buyers. One such Property recently Sold. A Beautifully Maintained End-Unit Condo Townhome with Attached Garage had 4 Offers and went $114% OVER the List Price. Where can you can get a Fully … Read More
Real Estate Market in Ontario – OREA – January 2016
OREA – Insights into Real Estate in Ontario Ontario Home Sales remain Very Strong in January 2016 Highlights: • Residential sales up 4.9% in January 2016 compared to a year earlier. • New listings in Ontario numbered 21,405 units in January 2016, a decline of 10.6% compared to last year. • The provincial average price of homes in January 2016 … Read More
JANUARY 2016 – Report on 2015 REAL ESTATE HOUSE PRICES – GTA TORONTO
JANUARY 2016 – Marks a Brand New Year but, with the Same Problem – LOW INVENTORY 2015 – Average GTA Property Selling Price $622,217.00 2015 – Average ‘416’ Selling Price $1,047,483.00 2015 – Average Toronto Price of Homes: Detached $1,039,638.00 Semi-Detached $ 625,496.00 Condos $ … Read More
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