Submitted by Jasmina on Fri, 2007-08-10 19:59.

Toronto Real Estate Board Market Update/News

TORONTO, August 3, 2007 -- Last month, the local resale market was 26 per cent more active than during the same time in 2006, TREB President Donald Bentley announced today:

  • Transactions in Richmond Hill (N04) increased 77 per cent over July 2006, due to a 100 per cent increase in Attached / Row-House sales and strong performances in most other house types.
  • A large increase in Condominium Apartment sales was responsible for a 40 per cent increase in total sales for North York (C14). There were 5,115 sales in the North York area (C04,C06,C07 and C12 through C15) during the first seven months of 2007, up 12 per cent over the 4,583 sales recorded during the same time-frame in '06. The average price came in at $488,663, a five per cent increase over last year.
  • Strong sales of Detached Homes and Condominium Apartments in the South Humber part of Etobicoke (W07) contributed to a 116 per cent increase in total transactions over the same time last year.
  • Home Buyers are flocking to live in Riverdale area (E01), which saw a 73-per-cent increase in sales from the previous July.

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Submitted by Jasmina on Fri, 2007-08-03 12:55.

Single-detached average price in excess of $500,000

in close to half Toronto Real Estate Board's MLS districts! Unprecedented demand for single-detached homes along the Yonge Street corridor prompted double-digit price increases in the GTA's top performing neighbourhoods in the first six months of 2007, finds new Re/Max report. "To date, 51 per cent of districts reported double-digit sales gains for detached homes and 44 per cent for condominiums. It's been another banner year for real estate, and it's far from over" says Michael Polzler.

Detached Houses

Demand is particularly evident in the central core - from Bloor St. north to Highway 7 - where average price ranges from $565,000 to well over a million. In fact, nearly 60 per cent of 'C' districts reported double-digit increases in unit sales for the first half of the year." Last year at this time, appreciation had slowed in the central core as the average price approached $830,000. Buyers were investigating more affordable alternatives east, north, and west of the city centre. This year, despite an average closer to $875,000, demand for properties is at an all-time high in the district and a limited supply of product has purchasers vying for homeownership. In June, four central districts (C02, C10, C11 and C15) reported a sales-to-listings ratio above 100 per cent. Multiple offers remain commonplace on quality, well-priced product, with detached homes selling for 100 per cent of list price or more in all but one central district in June.

Top five Toronto Real Estate Board (TREB) Districts by Average Price Appreciation are:


Submitted by Jasmina on Fri, 2007-08-03 00:57.

Prestigious Bayview Hunt Club Area

Property #011 Slideshow Need More Room? If so, we’ve got the perfect home for your family. This Beautiful 5+2 bedrooms and 5 baths home features approximately 4,000 square feet of comfort, 9 foot ceilings and Great open floor plan. Professionally finished Basement has 2 bedrooms, 4 pc bathroom, Gym and Recreational Room with Wet-Bar!

Looking for lots of garage space? This home has a 3 car Tandem garage that can fit a boat!

This rare find is located on a quiet crescent in a family-oriented community that is close to shopping, schools and parks.

A home to be proud of! A great buy at only $798,000! Check out the Photo Gallery and call Jasmina at 905-731-2000 to learn more about this Terrific Home, Richmond Hill & other York Region Neighbourhoods.

Features


Submitted by Jasmina on Tue, 2007-07-31 00:48.

Free OREA book How to Sell Your Home You may be tempted to do so and sometimes that’s appropri­ate. But first find out how the proposed price was calculated. What methods were used to assess your home’s potential value in the current market? How was your home compared to others that have sold recently and to those currently for sale? Does this suggested price match your selling objectives?

Determining Your Home’s Asking Price

Your decision about the “asking price” of your home—the price your Realtor will put in the Listing Agreement is one of the most important you will make in the selling process.

If you price your home too low, you may cheat yourself out of money you could have earned on the sale. Ironically, some potential buyers may not even view your property if the price is too low—on the assumption there must be something wrong with the home.

If you set your price too high, potential purchasers may pass it by in favour of more reasonably priced homes. Others may figure you won’t accept a large decrease in price, so they won’t bother to make an offer. A few may even be reluctant to offer a much lower price for fear of embarrassing you or themselves.

Setting too high a price can also leave your home on the market for a long time, which could give it a bad reputation among potential buyers. If you then decide to drop the price, you may end up selling your home for less than had you priced it reasonably in the first place. The reason? Having your home on the market for a long time can weaken your negotiating position, since buyers may assume you are now under pressure to sell and will bargain accordingly.

The object, then, is to choose a price that is neither too low nor too high. But doing so is a complex procedure involv­ing a comprehensive understanding of the market and an objective opinion of your home’s saleability. Realtors are experienced in doing this research and providing the guid­ance you’ll need to make the best-possible decision.

What is “Market Value”?


Submitted by Jasmina on Sat, 2007-07-28 12:31.

IE7 gives you the ability to add custom search providers to your browser built-in Internet search box, much like Firefox. Since 77% of our Web Site visitors still use Internet Explorer and we want to be where our users are, JasminaHomes.ca Team has also created Internet Explorer 7 compatible search engine plug-ins for surrounding York Region and Toronto Public Libraries.

Our Internet Explorer 7 plug-ins are based on Amazon.com's A9 OpenSearch specification, so they will also work with Firefox 2.x browsers.

Usage Tips

To add a community library search provider to your IE7, simply click on any of the links below:

Submitted by Jasmina on Fri, 2007-07-27 01:56.

JasminaHomes.ca Team offers a suggestion how York Region and other Greater Toronto Area Public Libraries can extend the reach into their communities, offer services that make them more visible and be where their users are:

Our Library Search Engine Plug-ins

Adding search providers to Firefox is simple. Just click on any of the links below:

Submitted by Jasmina on Mon, 2007-07-23 01:54.

Video Clip from Peggy's Stage Your Home for Profit DVD Through years of experience helping people buy and sell their homes, Peggy Selinger-Eaton, author of Stage Your Home for Profit, developed seven major staging principles. These principles make one house sell immediately while the same home down the road stays on the market for months. Following these principles means your home is professionally packaged and presented, while creating maximum appeal and interest:

  1. Make a great first impression
  2. Maximize space and eliminate clutter
  3. Use light for an open, spacious feeling
  4. De-emphasize flaws

read more | play or download | 35 sec | 1.51 MB
Submitted by Jasmina on Thu, 2007-07-19 00:25.

WINDOW & BALCONY SAFETY MOVIESince May 2007, there have been 10 cases of children falling from windows or balconies in the Toronto Area! Two died, five were seriously injured and three suffered minor injuries. Seven fell from windows and three from balconies.

Dean Shaddock, coordinator of the community medicine program with Emergency Medical Services said that 90% of falls from balconies happen in the Summer. Toronto EMS Paramedics have recently released

A Checklist of Balcony and Window Safety Tips


Submitted by Jasmina on Tue, 2007-07-17 23:43.

Helping You Is What We Do. Royal LePage Real Estate Services has just released our preliminary Q2 2007 report which highlights house price trends for the three most common types of housing in Canada in 80 communities across the country!

The most profound story in Canadian real estate today is the extraordinary interest that people across our country continue to have in buying and selling homes. The sheer number of homes trading hands this year has far exceeded consensus expectation. This market continues to show strength as we move into the second half of the year.

said Phil Soper, our President and CEO.

Toronto's Resale Housing Market

Experienced a strong second quarter, characterized by record-breaking activity and rising average house prices. Toronto's better than expected second quarter was defined by intense demand that was only barely met by inventory levels. Multiple offer situations occurred frequently on detached homes, resulting in decreased average listing periods from this time last year.

Toronto Real Estate Forecast

Submitted by Jasmina on Thu, 2007-07-12 17:45.

A Little About Jasmina and RLP YCR Brokerage You’ve made us #1 in York Region AGAIN & #1 Independently Owned Brokerage in Canada for Royal LePage.

Thank you! We have assisted over 5,000 families in finding their special new home in 2006. Take look at the York Region Independent Market Share Report based on TREB properties listed and sold in York Region (from Steeles to Lake Simcoe and from Dufferin Street to the York Durham Line):


Submitted by Jasmina on Wed, 2007-06-13 09:13.

Mosquitoes need standing water to lay their eggs in. Even a small pool of water can produce hundreds of mosquitoes that can transmit diseases like West Nile virus.

Here are some tips for homeowners from York Region Health Services:

  • Drill holes in the bottom of garbage cans and recycling containers for drainage.
  • Store pet bowls indoors when not in use.
  • Clean roof gutters, downspouts and eaves troughs regularly.

Submitted by Jasmina on Tue, 2007-06-12 20:04.
2007-06-15 18:00
2007-06-16 18:00

Markham Village Music Festival

There is a lot to see, taste and enjoy at the 29th annual Markham Village Music Festival and as always, entry is FREE!

  • Be entertained by performers from communities including Macedonian, Caribbean, Chinese, Indian and more.
  • From rock and roll to classical, from country to hip hop, you’ll find a sound to please your ears.
  • Join your neighbours and come for dinner and sample cuisine from around the world.
  • See and buy local and international Arts and Crafts at 74 Main Street.

Bring the kids to the Children's Village in Morgan Park


Submitted by Jasmina on Thu, 2007-06-07 14:43.
2007-06-09 09:00
2007-06-09 17:00

The 16th Annual Heritage Village Day

The heart of old Richmond Hill will be transformed into a festive pedestrian mall where artisans and community groups will tempt you, inform you and transform you as you enjoy arts, crafts, children's activities, horse wagon rides and delectable tasty treats. Heritage Village Day is organized by Arts Richmond Hill.

Free admission to all! Call 905-508-0789 for more information.

Yonge Street Closure


Submitted by Jasmina on Thu, 2007-05-31 00:25.
2007-06-02 11:00
2007-06-02 16:00

National Sun Awareness WeekRichmond Hill grocer Sue's Market is holding a fundraising barbecue to help find a cure for cancer. All proceeds go to the Canadian Cancer Society.

Bring your whole family for a Fun-Filled Day! See the Clown making balloons and a special performance by C.B. Dance Academy. Among the activities taking place are a silent auction, colouring contests, face painting.


Submitted by Jasmina on Thu, 2007-05-24 22:37.

Home for Sale #009 Photo Gallery

This Bright & Spacious 3 bedroom townhouse is located in a quiet neighbourhood close to Seneca College, A.Y. Jackson School with easy access to TTC, GO Transit, Highways 404 & 401, Shopping & Walking Trails. Check out the Photo Gallery!

 Features

  • Two Separate Entrances.
  • Spacious End Unit with Private Patio.
  • Indoor Pool, Recreation Room, Sauna & Exercise Room in the SAME building.
  • Kitchen & 4PC Washroom Totally Renovated in 2003.
  • Laminated Floor Throughout.
  • ALL utilities and cable included in $642.64 maintenance fee.