We love Houzz

We’ve mentioned this site before but have to mention it again – it’s just too good! For those of you who are home magazine junkies, and especially those who rip out pages for ideas, Houzz is for you. You can create your own online ideabook and download an iPad app so you have your ideas handing when shopping and sourcing…

Renovating….again!

For those of you who followed our blog on our last renovation, we’re happy to say we’re back with another! This one has been a long time coming…having a baby followed by massive indecision = starting the reno two years late. We’ve had massive progress on the demolition and have been furiously selecting our finishes. Check out our blog by…

Housing Forecast Update by CREA

Courtesy of The Canadian Real Estate Association… The Canadian Real Estate Association (CREA) has revised its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2011 and 2012. National sales activity is now expected to reach 441,100 units in 2011, a decline of 1.3 per cent from 2010. This…

Mortgages News – Fixed Rates Drop!

Interest rates have become lower over concern about global economic growth. If you are considering a five-year fixed-rate mortgage that’s great news as they have have recently come down to levels that are close to their all-time low. Courtesy of CanadaMortgageNews… We haven’t seen the bond market this low since November 2010. The current 5 year Canadian Bond yield is…

2011 May Market Watch

Greater Toronto REALTORS® Report – May Resale Housing Market Figures TORONTO, June 3, 2011 Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076,…

has your home’s value gone up or down?

Check out this great interactive map on the Globe and Mail… It compares values from Q1 of 2010 to Q1 of 2011. Keep in mind, this is a law of averages….if you want to know what your home would actually sell for today, we can do a comparable market analysis. And remember, inventory is way down and demand is high…

spring buyers – what you need to know

Rob Carrick of the Globe and Mail just shared this article on spring home buying and the things you need to look for. It echos some to the things we discussed on CityNews last week. Investopedia Tips for spring home buying – Sean Joyner Spring is widely known as the hottest real estate season for both buyers and sellers. It’s…

the spring market is heating up!

The spring real estate market is heating up and the numbers so far provide great news for sellers, but the relatively low supply and high demand can spell frustration for buyers. Last month, there were 19 per cent fewer homes on the market but it was the second most active March in history. Cynthia Mulligan outlines what you can do…

what can you afford?

Here is a great article that was tweeted by Peter Majthenyi from My Mortgage Planner from CBNC about what you can actually afford. I am always surprised by what lenders say buyers can afford and I caution people not to spend as much as they have been approved for. Although this article references the U.S. there are some very strong…

where do we go from here?

When life changes dramatically, often your home will too. Just as the lifetime job has disappeared, so has living in the same home for your whole life. That’s where we come in. We often have clients who know they need to move, but they can’t see how they can get what they need or want in their next move within…