Summer is a wonderful time to sell your Etobicoke home

Here we are in the midst of our summertime market! Did you know summertime is a wonderful time to market and sell your Etobicoke home?

Many families love to buy during this season so they can make the move at the end of the summer, before the new school year. Staging a home during this season is also very easy. Most buyers drive by a home BEFORE deciding whether or not it’s worth seeing on the inside. Make a stellar first impression with a lush green lawn and fresh flowers for great curb appeal.

SellingYourHomeinEtobicoke

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Toronto and Etobicoke Real Estate Home Sales for July 2018

Toronto and Etobicoke Real Estate Homes Sales for September 2017
Looking for current information on Toronto and Etobicoke Real Estate Home Sales for July 2018? Here are the Toronto and Etobicoke Real Estate Homes Sales for July 2018.

GTA REALTORS® Release July Stats

Toronto Real Estate Board President Garry Bhaura announced strong growth in the number of home sales and the average selling price reported by Greater Toronto Area REALTORS® in July 2018.

“Home sales result in substantial spin-off benefits to the economy, so the positive results over the last two months are encouraging. However, no one will argue that housing supply remains an issue. The new provincial government and candidates for the upcoming municipal elections need to concentrate on policies focused on enhancing the supply of housing and reducing the upfront tax burden represented by land transfer taxes, province-wide and additionally in the City of Toronto,” said Mr. Bhaura.

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Are you on the fence about selling your Etobicoke home?

Etobicoke Homes For SaleHave you been on the fence about whether to sell your Etobicoke home right now?

Interest rates are still at historical lows? Still lots of excitement and buzz about real estate? Are sellers still getting more than asking prices for their homes? Is spring the best time to get the highest return on your investment?

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1034 Meredith Avenue For Sale in Lakeview Mississauga

Picture Perfect 2+2 Bdrm Bungalow with Many Recent Updates and Renovations. Hardwood Floors and Exposed Brick in Living Rm, Open Concept Kitchen with Granite Counters, 2 Full Updated Baths, Walk-Out to Fabulous Entertainer’s Deck and Fully Fenced Backyard. New Front Window Well and Garden Bed. New Bsmt Floor, New Backyard Fence and Landscaping. Private Drive with Parking for 4 Cars! Great Location in Lakeview Close to Schools, Steps to Parks, Lake and Waterfront Trails. *New Redevelopment Project*

Include: Stainless Steel Stove, Microwave and Built-in Dishwasher on Main Floor, Microwave, Stove, Front Load Washer& Dryer in Bsmt, Wardrobe in Master, All Shelves, All Electrical Light Fixtures, Front Hall Wardrobe, Furnace & AC 2014 

Exclude:Fridge, Hwt is a Rental

Pre-Sale Home Inspection Report Available Upon Request

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Toronto and Etobicoke Real Estate Home Sales for May 2018

Toronto and Etobicoke Real Estate Homes Sales for September 2017
Looking for current information on Toronto and Etobicoke Real Estate Home Sales for May 2018? Here are the Toronto and Etobicoke Real Estate Homes Sales for May 2018.

GTA REALTORS® Release May Stats

Greater Toronto Area REALTORS® reported 7,834 sales through TREB’s MLS® System in May 2018. This result was down by 22.2 per cent compared to May 2017. While the number of sales was down year-over-year, the annual rate of decline was less than reported in February, March and April, when sales were down by more than 30 per cent. On a month-over-month basis, seasonally adjusted May sales were basically flat compared to April.

Supply of homes available for sale continued to be an issue. New listings were down by 26.2 per cent. The fact that new listings were down by more than sales in comparison to last year means that competition increased between buyers. Recent polling conducted by Ipsos for TREB suggests that listing intentions are down markedly since the fall.

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Why do some houses sell in Etobicoke and others don’t?

Etobicoke Real Estate

Have you ever driven by a For Sale sign on a house in Etobicoke and wondered, “That house has been on the market for a long time, I wonder why it isn’t selling”? You might have asked that question because you were worried the same thing would happen when you put your own house on the Etobicoke real estate market!

Often a home doesn’t sell for one of three reasons:

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Toronto and Etobicoke Real Estate Home Sales for April 2018

Toronto and Etobicoke Real Estate Homes Sales for September 2017
Looking for current information on Toronto and Etobicoke Real Estate Home Sales for April 2018? Here are your Toronto and Etobicoke Real Estate Homes Sales for April 2018

GTA REALTORS® Release April Stats

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,792 sales through TREB’s MLS® System in April 2018. The average selling price was $804,584. On a year-over-year basis, sales were down by 32.1 per cent and the average selling price was down by 12.4 per cent.

The year-over-year change in the overall average selling price has been impacted by both changes in market conditions as well as changes in the type and price point of homes being purchased. This is especially clear at the higher end of the market. Detached home sales for $2 million or more accounted for 5.5 per cent of total detached sales in April 2018, versus 10 per cent in April 2017. The MLS® Home Price Index strips out the impact of changes in the mix of home sales from one year to the next. This is why the MLS® HPI Composite Benchmark was down by only 5.2 per cent year-over-year versus 12.4 per cent for the average price.

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Preparing for the Etobicoke Spring Real Estate Market

Preparing for the Etobicoke Spring Real Estate Market?

Here we are in the spring real estate market, a time when we start to see more “For Sale” signs popping up in Etobicoke.  Could your house also be included?

Listing your house on the market is more than just putting a “For Sale” sign on the lawn. There are many factors to consider such as marketing your property and most importantly preparing it for sale to appeal to the widest range of buyers in order to get as many people through the door as possible.  Your home has to stand out!

Etobicoke Real Estate

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Toronto and Etobicoke Real Estate Homes Sales for March 2018

Toronto and Etobicoke Real Estate Homes Sales for September 2017
Looking for current information on Toronto and Etobicoke Real Estate Home Sales for March 2018?

GTA REALTORS® Release March Stats

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,228 residential transactions through TREB’s MLS® System in March 2018. This result was down by 39.5 per cent compared to a record 11,954 sales reported in March 2017 and down 17.6 per cent relative to average March sales for the previous 10 years.

The number of new listings entered into TREB’s MLS® System totaled 14,866 – a 12.4 per cent decrease compared to March 2017 and a three per cent decrease compared to the average for the previous 10 years.

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Avoid these common Etobicoke home buying pitfalls

Avoid these common Etobicoke home buying pitfalls

 

 

 

Buying a home in Etobicoke can be stressful as prospective homeowners do their best to make a good decision in what will likely be the biggest financial decision of their lives. Here are common mistakes to avoid.

Your deposit is not readily accessible. Manage your banking before you fall in love with your home and don’t forget to account for other funds you may need during the process.

  
 

You’ve removed the condition of financing. Pre-approval is not the same as acquiring a mortgage. When buyers omit the financing condition, problems can arise if the lender cancels or reduces the approved amount when the home is appraised at less than what you are paying.

You’ve waived the home inspection. Your dream home may be hiding a leaky roof, major foundation problems or an out-of-date electrical system.

Your new home adds pressure to buy new things. Don’t overextend yourself until you are certain your needs are paid off.

Your sacrifices were more than you considered. Perhaps you didn’t realize how much you enjoyed being able to walk to your favourite restaurants, shops or parks. Make a list of must-haves and try to visualize what your life would be like in the new property.

Interested in learning more about how you can buy a great home in Etobicoke and how I can help you avoid these pitfalls and more?

Please call or click here to schedule your free complimentary strategy session. We’ll go over your game plan, your wants and needs and I’ll tell you whether or not we can find exactly what you are looking for!

 

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