Are you clear on what you want to achieve? There is one quality that one must possess to win, and that is definiteness of purpose, the knowledge of what one wants and a burning desire to achieve it.- Napoleon Hill Clarity is perhaps the most important concept in personal productivity. The greater the clarity the easier it is to overcome …
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2,670 Transactions Reported in January
TREB Members reported 2,670 sales in January from the 5,075 sales reported in the first month of 2008. Of these, 1,106 transactions took place in the City of Toronto compared to 2,128 in January 2008. In the surrounding “905” area, 1,564 sales were recorded, from 2,947 last year. The GTA housing market has not been immune to the economic slowdown …
Read More »A friday thought…
Are you excited about life everyday? Life is like a combination lock; your job is to find the right numbers, in the right order, so you can have anything you want.- Brian Tracy Most people don’t discover what life is all about until it’s to late. When we are young, we spend our days striving to keep up with social …
Read More »A new year, a new YOU!
Dear Blog Reader, Welcome to 2009! A new year brings with it a great holiday season, family, friends, treats, turkey and a new year’s resolution. Keeping resolutions is something that the best of us struggle with so we’ve dedicated our Monthly Item of Value (IOV) for January to keeping on track with your resolution. We’ve also included a worksheet for …
Read More »Greater Toronto Home Resales at 1,500 in Mid December
TORONTO, December 17, 2008 — Greater Toronto REALTORS® reported 1,487 resale transactions during the first half of December, from 2,868 sales recorded in the same period a year ago, Toronto Real Estate Board President Maureen O’Neill announced today. The average price of a home in the Greater Toronto Area is currently $360,652. This compares to an average of $404,707 recorded …
Read More »Market Watch – November 2008
Commentary regarding November 2008 Quick Stats: 2008 2007 % Change Number of Active Listings 27,037 18,309 + 48% New Listings this month 9,925 10,692 – 7% Sales this month 3,640 7,313 – 50% Average Days on Market 41 32 + 28 Average Price $368,582 $393,747 – 6.4% List Price vs. Sales Ratio 96% 98% – 2% Months of Inventory 7.43 …
Read More »That good ‘ol feeling!
It’s amazing how different things tend to bring about different feelings or remind you of good times. It’s when you hear that track which you listened to during the best year of your life and all of a sudden you’re filled with excitement, happiness, content and all the feelings that you experienced and associated with that song when you were …
Read More »Resale Housing Market Still Healthy, Experts Say at Toronto Real Estate Board Meeting
October 28, 2008 — More than 1,100 Greater Toronto REALTORS® gathered to hear Canada’s top experts talk about the future of the housing market at the Toronto Real Estate Board’s 88th Annual General Meeting October 27th. The following panelists covered a range of topics on the future of real estate: Don Lawby, President and Chief Operating OfficerCentury 21 Canada Limited …
Read More »Pick of the week!
So here’s our pick of the week: Property is located in Newmarket, ON and is perfect for an investor. The property is currently listed for $265,000 and has a LEGAL basement apartment. Here is the math: Purchase price: $265,000Down payment: $53,000 Monthly Payment: $1,203.71Property Taxes: $ 213.29 You can rent the property out for: Basement: $700 (1 Bedroom can be …
Read More »When is a good time to buy a property during a down market?
I get the question alot, “When’s a good time to buy real estate?” and frankly, my answer always is whenever you’re ready! This answer is usually met with a smirk which reads more like, “I was expecting you to say that since you make a living through purchase and sale!” There is no way anyone can predict when the market …
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