Archive for October, 2012

Would You Buy A Haunted House?

Would You Buy A Haunted House? Photo

Every buyer has a list of wants and needs when shopping for real estate.

No home is perfect though and there’s always going to be some element of compromise. As the search progresses the question becomes, “What are your deal breakers and what are you willing to bend on?”

Some buyers are willing to stretch the geographical boundaries of their search and consider locations outside of their preferred area if it means getting the size of home they want. Others are willing to give up some outdoor space in exchange for a great interior.

What about a house that’s haunted?

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Condo Kitchens Ain’t What They Used To Be

By on October 20, 2012 in Condos/Lofts with 0 Comments

Condo Kitchens Ain't What They Used To Be Photo

They don’t make ’em like they used to.

This adage certainly applies when it comes to the kitchens in many newer condos.

For some reason, it’s now the norm to step into a newer condo and find the kitchen sitting open against one wall. No wrap-around counter top. Not much in the way of cupboard space. And not at all what buyers would’ve accepted a few years ago.

How did this happen?

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Toronto Real Estate Market Report: September 2012 Statistics

Toronto Real Estate Market Report: September 2012 Statistics Photo

Following is TREB’s market report for September 2012: Greater Toronto Area (GTA) REALTORS® reported 5,879 transactions through the TorontoMLS system in September 2012. The average selling price for these transactions was $503,662, representing an increase of more than 8.5 per cent compared to last year.

The number of transactions was down by 21 per cent in comparison to September 2011. However, it is important to note that there were two fewer working days in September 2012 compared to September 2011. The majority of transactions are entered on working days. On a per working day basis, sales were down by 12.5 per cent year-over-year.

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