March Market Report – Positive!

Check out this article from the Globe and Mail on the spring market as well as the full Toronto Real Estate Board Market Watch report for March! Spring brings new signs of life in housing marketHints of recovery as volume of existing home sales up 7 per cent in March– Virginia Galt and Josh Wingrove – Globe and Mail Looking…

In the News

Harmonized Tax Increases Costs for Buyers Under the provincial government’s plan, the harmonization of GST and provincial tax will make costs related to the purchase of a home, such as lawyer fees, home inspections and real estate commissions subject to the 8% provincial tax. This applies to homes sold for $400,000 and above. Keep in mind, the additional 8% genearlly…

My Clients Want Your House!

The spring market is heating up. I have a lot of buyers who are ready to move but haven’t found the home they want because supply is so low right now. That’s why I’m proactively putting out a call to action to anyone who is thinking of selling. Check out my buyers wish list to see if your home or…

RE/MAX Hallmark Realty Ltd. Expands its Reach in the Beach

Toronto, ON (March 13, 2009) – RE/MAX Hallmark Realty is expanding its reach in the Beach with the arrival of three award-winning real estate industry veterans from its largest competitor. Twenty-three year veteran, Al Sinclair and his ten-person strong team ranked among the top five producers for his previous company in the GTA, along with Diamond award winners Michelle Walker…

Hot Up & Coming Neighbourhoods

Which neighbourhoods are the next Leslieville? Check out the next hot neighbourhoods in the GTA. Our picks are based on my own favorite spots as well as on the March edition of Toronto Life “A Buyer’s Market”. Danforth Village Located just east of Greektown, this area of town satisfies a lot of people’s wish lists and is a hot area…

Everybody’s Got An Opinion

The most common question I get asked these days is “What is going to happen with the real estate market?” You might put the question up there with “When is winter going to be over?” or “When will my RRSP statement stop making me cry?”. The truth is, no one really knows. If someone did, they’d be very rich and…

Markets & Mortgages

Check out below for the Toronto Real Estate MarketWatch Report and the current prime rate. If you want more information on any area or to find out the current value of your home, contact me today….416.728.2499 or mark@markrichards.ca. PRIME RATE Prime rate is now at an unbelievable 2.5% at Bank of Montreal and other banks are following suit. What does…

Globe & Mail – Optimism returning to housing market, RBC survey finds

Optimism returning to housing market, RBC survey findsby VIRGINIA GALTGlobe and Mail UpdateMarch 4, 2009 at 4:04 PM EST Confidence appears to be seeping back into the housing market, with young Canadians the most optimistic that now is a good time to buy, according to the Royal Bank of Canada’s annual homeownership survey. Thirty-year-old David Morris, who owns a condominium…

What’s ahead for 2009…

Happy new year? I think so. As someone who tends to look at the brighter side of life, I’m not so blindly optomistic that I deny the challenges the year ahead presents. But I do have some predictions to share and some suggestions for the challenges. When will the market bottom out? Of course, this is everyone’s biggest question. Here’s…

Beating the Winter Blahs

Anyone feeling the winter blahs yet? After endless shovleing and scraping ice off everything, I know I can’t be alone in wondering why I don’t live in the Caribbean. Here are a few quick and easy ideas to do inside and out of the house to lift your spirits. FlowersYour home may look like the Grinch came by the time…