Archive for February, 2013

Will A King Size Bed Fit In Here?

By on February 20, 2013 in Condos/Lofts, Houses with 0 Comments

Will A King Size Bed Fit In Here? Photo

Wants. Needs. Every buyer’s got ’em.

Sometimes wants & needs align nicely and a buyer finds a property that ticks all of their boxes. Sometimes they don’t.

I was out with a client earlier this week, looking at condos near Yonge & Lakeshore. We stepped into the 2nd bedroom of the first condo and she asked, “Do you think a king size bed could fit in here?”

A king size bed… in a condo’s 2nd bedroom!

If you’ve seen even a handful of condos in the downtown core you know that the 2nd bedrooms are usually pretty tight. You’d be lucky to squeeze a queen size into many of them, let alone a king!

“How important is that?” I asked.  “Is it a want… Or is it a need?”

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Toronto Real Estate Market Report: January 2013 Statistics

Toronto Real Estate Market Report: January 2013 Statistics Photo

Following is TREB’s market report for January 2013:  Greater Toronto Area REALTORS® reported 4,375 transactions through the TorontoMLS system in January 2013. This number represented a slight decline compared to 4,432 transactions reported in January 2012.

“The January sales figures represent a good start to 2013. While the number of transactions was down slightly compared to last year, the rate of decline was much less than what was experienced in the second half of 2012. This suggests that some buyers, who put their decision to purchase on hold last year due to stricter mortgage lending guidelines, are once again becoming active in the market,” said Toronto Real Estate Board (TREB) President Ann Hannah.

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