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…

2011 february market watch

The spring market has gotten off to an early start! We are seeing a lot of new product coming out on a daily basis and listings are going into multiple offers so you can feel the intensity. It will be interesting to see what happens after March 18th when Jim Flaherty’s new mortgage changes go into play that include slashing…

Your Money

As far as resolutions go, your finances are often a point of focus. And if you aren’t financially healthy, you won’t be able to achieve your home ownership goals whether they are to move to a larger home, a coveted neighbourhood, improve the home you’re in or investing in income properties. We are big fans of Rob Carrick’s Personal Finance…

The 2011 Crystal Ball

Barring any major governmental interference or major adjustments in the interest rate (not likely), I anticipate a steady 2011 and a fairly balanced market for buyers and sellers with the typical seasonal patterns. We saw the weather play a big role in the seasonal patterns last year (in addition to the HST) and given the mild winter we’re having, I’m…

CMHC: Toronto Housing Outlook

The CMHC just released its forecast for 2011. The overall prediction for the GTA? Certainly NOT the most dramatic year in real estate. According to the CMHC, it will be steady as she goes, in fact the title of their resale section is “Less excitement in store for 2011”. They also predict that we will not have a seller’s market…