Archive for February, 2014

The House Sold So Fast We Didn’t Even Get A Chance To See It!

The House Sold So Fast We Didn't Even Get A Chance To See It! Photo

Earlier this week a gorgeous house popped up for sale in the west end.

The house was so gorgeous in fact, that it sold in a day and for more than $200,000 above the list price!

I have some clients who wanted to go take a look, but never got the chance as they’re out of town until the weekend.

I’m sure they weren’t the only ones who missed out.

There are easily 40+ realtors and prospective buyers who never got to step foot in the place.

Not to mention all the activity that a couple of open houses would’ve generated.

So, the question has to be asked, “Did the sellers leave money on the table by not exposing the property to the entire market?”

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Toronto Real Estate Market Report: January 2014 Statistics

Toronto Real Estate Market Report: January 2014 Statistics Photo

Following is TREB’s market report for January 2014:  Home ownership in the Greater Toronto Area remains affordable and there are many people looking to purchase a home.

In January, the number of homes listed for sale was down quite strongly compared to last year, which means that it was difficult for some buyers to find a home.

Greater Toronto Area REALTORS® reported 4,135 sales through the TorontoMLS system in January 2014.

This result was down by 2.2 per cent in comparison to January 2013.

New listings entered into the system were down over the same period by 16.6 per cent to 8,822.

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