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Viewing Properties At Night? Be Sure To Take A Second Look During The Day

Jan 25th, 2012
by Jason Bondy-Sawyer.
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Viewing Properties At Night? Be Sure To Take A Second Look During The Day Photo

When most people picture themselves shopping for a home they imagine doing so on the weekend, during the day. After all, this is when the majority of open houses happen and it’s generally the easiest time for people to coordinate a couple of free hours.

In a busy city like Toronto however, realtors and buyers are out there pounding the pavement at all hours.  A lot of my buyer clients find it easiest to meet for viewings during the week, after work.  I’ve shown properties as late as 10:30pm on a weeknight.

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Toronto Real Estate Market Report: December 2011 Statistics

Jan 10th, 2012
by Jason Bondy-Sawyer.
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Following is TREB’s market report for December 2011:Greater Toronto REALTORS® reported 4,718 transactions through the TorontoMLS® system in December 2011. The December result capped off the second-best year on record under the current Toronto Real Estate Board (TREB) boundaries. Total sales for 2011 amounted to 89,347 – up four per cent in comparison to 2010.

 “Low borrowing costs kept Buyers confident in their ability to comfortably cover their mortgage payments along with other major housing costs,” said TREB President Richard Silver. “If Buyers had not been constrained by a shortage of listings over the past 12 months, we would have been flirting with a new sales record in the Greater Toronto Area,” added Silver.

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Five For Friday

Jan 6th, 2012
by Jason Bondy-Sawyer.
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Five For Friday Photo

It’s roundup time!  Let’s take a look back at some of the more interesting articles and photos that popped up over the past few weeks…

#5.  What Apocalypse? Housing Market Predictions For 2012 [Infographic]

Five For Friday Photo     On December 28th, the folks over at BuzzBuzzHome  posted an informative infographic illustrating the CMHC’s major predictions for the 2012 Canadian real estate market. The total number of units is expecting to increase by 1.9% over 2011. And the average price is expected to increase by 1.2% over 2011. Read the full article here. (more…)

What’s In Store For The 2012 Real Estate Market?

Dec 31st, 2011
by Jason Bondy-Sawyer.
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Last month, the Toronto Real Estate Board posted the above video to their YouTube channel. In the video, Senior Manager of Market Analysis, Jason Mercer, takes a look back at the 2011 real estate market and a look forward to what we can expect in 2012. Warning: the video is over 25 minutes long! Not to worry – I sat through the entire thing myself and have summarized the main points below (you’re welcome).

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Happy Holidays!

Dec 26th, 2011
by Jason Bondy-Sawyer.
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Happy Holidays Photo

I’d like to wish all of my loyal blog readers, clients, family and friends a safe and happy holiday season.

Happy Holidays everyone!

If you’re thinking of splurging on a new home this holiday season and would like to know how I can help, feel free to contact me for more info.

Toronto Real Estate Market Report: December 2011 Mid-Month Statistics

Dec 20th, 2011
by Jason Bondy-Sawyer.
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Toronto Real Estate Market Report: December 2011 Mid-Month Statistics Photo

Following is TREB’s market report for mid-December 2011: Greater Toronto REALTORS® reported 2,699 transactions through the TorontoMLS® system during the first 14 days of December. This result was 11 per cent above the number of transactions recorded during the same period in 2010. On a year-to-date basis, sales amounted to 87,407 – up 4.3 per cent compared to 2010.

“We have had the second best year on record for transactions under the current Toronto Real Estate Board boundaries. Households have continued to take advantage of affordable home ownership options across the diverse array of housing types available in the Greater Toronto Area,” said TREB President Richard Silver.

Toronto Real Estate Market Report: November 2011 Statistics

Dec 7th, 2011
by Jason Bondy-Sawyer.
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Following is TREB’s market report for November 2011:  Greater Toronto REALTORS® reported 7,092 residential transactions through the TorontoMLS® system in November – up 11 per cent in comparison to November 2010. At the same time, the number of new listings was up by 14 per cent in comparison to last year.

“We have seen strong annual sales growth through the 2011 fall market. The increase in transactions has been broad-based, with strong growth across low-rise and high-rise home types throughout the Greater Toronto Area,” said Toronto Real Estate Board (TREB) President Richard Silver. “The market has also become better supplied, with annual new listings growth outstripping that of sales. As this trend continues into 2012, we will see more balanced market conditions.”

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An Upgraded Version Of Realtor.ca Is Now Available!

Dec 3rd, 2011
by Jason Bondy-Sawyer.
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An Upgraded Version Of Realtor.ca Is Now Available! Photo

There are a number of websites available that allow the public to search for properties currently listed for sale.  Many of these websites belong to real estate agents (take my website, for example).  Some belong to real estate brokerages (check out my brokerage’s site here).  And then there are sites like Zillow.com (in the states) and Zoocasa.com (here in Canada).

Probably the best known and most widely used of these public sites is Realtor.ca (formerly mls.ca).  If you’ve used the site before, you know that it does have some limitations… Having said that, a handful of useful upgrades to the site were released on November 29th.

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Why Are So Many Realtors Difficult To Get A Hold Of?

Nov 28th, 2011
by Jason Bondy-Sawyer.
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Why Are So Many Realtors Difficult To Get A Hold Of? Photo Why Are So Many Realtors Difficult To Get A Hold Of? Photo

I don’t really do much “ranting” on this blog, but every now and then something comes up that compels me to throw in my 2 cents...

I’m sure that many of you have come across a property on Realtor.ca and submitted an email request for more information.  Or you’ve driven by a “for sale” sign and phoned the number to inquire about the list price, etc.  How long did it take for the listing agent to respond?  24hrs?  3 days?  Never?

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Toronto Real Estate Market Report: November 2011 Mid-Month Statistics

Nov 17th, 2011
by Jason Bondy-Sawyer.
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Toronto Real Estate Market Report: November 2011 Mid-Month Statistics Photo

Following is TREB’s market report for mid-November 2011: Greater Toronto REALTORS® reported 3,379 transactions through the TorontoMLS® during the first two weeks of November.  This result represented more than a 13 per cent increase compared to November 2010.  New listings were up 16 per cent over the same period.

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