Thursday, October 3, 2024 / by Evelyn Lopes
GTA Home Sales on the Rise: What You Need to Know
The Greater Toronto Area real estate market is heating up, and now could be the perfect time to make your move! ??
In September, home sales surged by 8.5% compared to last year, with nearly 5,000 homes sold. Not only that, but over 18,000 new listings hit the market, giving buyers more options and better negotiating power. ??
With interest rates dropping and new mortgage rules making it easier to secure financing, especially for first-time buyers, the opportunity to buy is better than ever. Whether you’re considering a condo, townhouse, or your dream family home, these favorable conditions are making homeownership more affordable.
One of the biggest updates? The average home price in the GTA has dipped slightly—just 1% down from last year. This means buyers can find great deals, particularly in more affordable housing options like condos and townhouses. ??
Curious about the full market picture? Check out the interactive ...
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Friday, August 2, 2024 / by Evelyn Lopes
Tips to get your Home and Family ready for Fall.
As the lazy days of summer wind down and the back-to-school hustle approaches, August is the perfect month to tackle some essential home maintenance tasks. Whether you're wrapping up summer fun or preparing for a smooth transition into fall routines, this comprehensive checklist will help you get your home in tip-top shape. From stowing away summer gear to organizing your closets, we've got all the tips and tricks you need to ensure your home and family are ready for the busy months ahead. Dive in and discover how a little preparation now can make all the difference for a stress-free and enjoyable fall season!
Stow Away Summer Essentials
As summer winds down, it’s time to clean and store your summer gear. Wash and dry beach towels, swimsuits, and picnic blankets. Store outdoor furniture, umbrellas, and toys in a clean, dry place to keep them in good condition for next year.
Create a Family Schedule
With school and work sch. ...
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Tuesday, September 26, 2023 / by Evelyn Lopes
"Are High Mortgage Rates Killing Your Home Sale? Here's How to Turn the Tide!"
If you're a homeowner in the Caledon area, you're probably aware that the current high mortgage rates are making it a bit challenging to sell homes. But what if we told you that you could not only sell your home but also get great offers? Intrigued? Keep reading to discover proven strategies that can help you navigate this tricky market.
The Power of Competitive Pricing
It's tempting to list your property at the highest possible price, but this approach can backfire. Overpriced homes tend to sit on the market, driving away potential buyers. Instead, consider employing a competitive pricing strategy. By pricing your home either AT or slightly below market value, you can attract more buyers and potentially receive higher offers.
The Importance of Comparative Market Analysis (CMA)
To help you list at the right price, a Comparative Market Analysis, or CMA, is crucial. This research helps determine an ideal ! ...
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Monday, September 11, 2023 / by Evelyn Lopes
Introduction
Buying a home is one of the most significant investments you'll ever make. It's not just about finding a place to live; it's about securing a future and creating an environment where you and your family can thrive. However, the process can be overwhelming, especially for first-time buyers. That's why we've created this comprehensive checklist to guide you through the essential factors you should consider when evaluating potential homes.
Location, Location, Location
Neighborhood Safety
Before you even step inside a home, research the safety of the neighborhood. Check crime rates and, if possible, speak to neighbors to get a firsthand account of what it's like to live there.
Proximity to Amenities
How close is the nearest grocery store or hospital? Is there a school nearby if you have children? These are crucial questions to ask when considering location.
Public Transport
If you rely on public transportation, check the availability and convenience of nearby opt; ...
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Friday, September 1, 2023 / by Evelyn Lopes
Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1
Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in a low mortgage rate and gain a foothold in the market—current buyers are much more discerning. Higher prices and mortgage rates have pushed their limits of affordability, leading them to prioritize cost, condition, and overall value.
The reality is, home inventory remains low, so most properties will still sell with some basic prep, the right price, and a good real estate agent. But owners who go the extra mile are more likely to sell faster and for a higher amount.
If you have plans to sell your home and want to net the most money possible, this list is for you. Here are our top seven strategies to attract the best offers and maximi; ...
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