Now Is The Time To Sell
Posted by realpropertyofandreastark in Real Estate on February 3, 2012
February 3rd, 2012- January stats show that sales are up 8.8% from this time last year. The average selling price is also up nearly 9% from January 2011. For instance, the average sale price for a detached home in C02 is now $1,080,000 and $1,112,518 in C04. Read all the details in TREB’s Market Watch Report, hot off the presses. Inventory is a little better, but demand is still high for homes all over the GTA. And with mortgage rates so attractive, buying makes good sense.
Strong Toronto Real Estate Market Continues!
Posted by realpropertyofandreastark in Real Estate on January 18, 2012
January 17th, 2012- Don’t want to jinx things by boasting about the fabulous health of our Toronto real estate market, so just review the numbers for yourself.
We know our City is not really an island unto itself, of course, and international negatives may affect us eventually. But, as it stands, Toronto is the place the world wants to buy into. Read the full Toronto Real Estate Board Market Watch Report and count yourself lucky if you own property in our great city!
Toronto Home Sales Remain Brisk
Posted by realpropertyofandreastark in Real Estate on December 14, 2011
December 14, 2011- The number of home sales are up 11% since this time last year. While there is better inventory of homes, there is still little availability of good product in high demand areas, so multiple offers continue.
Mortgage rates remain incredibly low, so investing in real estate in Toronto, especially for one’s primary residence, remains ideal.
Those who are contemplating downsizing, this is an excellent time to capitalize your home’s value. Read the full Toronto Real Estate Board Market Watch Report.
Pace of Toronto Home Sales Remains Brisk!
Posted by realpropertyofandreastark in Real Estate on November 7, 2011
November 7, 2011- The Toronto Real Estate Board’s Market Watch Report is out and confirms the continued strength of the Toronto market. In the past year, the number of unit sales are up. Prices keep rising. For instance, in the central C04 district, the average year-to-date price, (all home types), has increased by 14.9% in the last year!
It remains an ideal time to sell, even in November, as frustrated buyers try to find homes. Buyers are still benefitting from historicallly low interest rates and the knowledge that investing in one’s property is a safer bet than the stock market. Read the full report.
You Know The Saying: You Get What You Pay For?
Posted by realpropertyofandreastark in Real Estate on October 30, 2011
October 30, 2011- Even though it may seem to some that those in the real estate profession earn high fees and that anyone should be able to sell their own home, get stats on past sales, etc., remember that we are talking about the largest purchase/ investment one can make and, generally, hundreds of thousands of dollars are at stake. There is a big difference between arranging your trip to Hawaii on your own and selling your house. Seek experienced professionals in order to best position yourself and your property in the marketplace.
For example, I was astonished last week when a woman emailed me to inquire about a listing of mine which she saw advertised on a site called “Zoocasa”. I had sold that property over 8 months before plus I had never authorized an ad on that web site. I suggested to the woman she might want to use the services of a good buyer sales representative as the sites she is searching on are not reliable.
Meanwhile, the very next day I saw this article in the Globe and Mail, which just reinforces the problem. Be smart: hire real estate professionals. The good ones will earn you so much more on your investment than you possibly could, (besides protecting you from potential fraud, protecting your privacy, and removing a multitude of other stresses.) Please read the full Globe and Mail story.
Up and Up and Where Will it Stop? Number of Sales & Sale Prices Up Since 2010
Posted by realpropertyofandreastark in Real Estate on October 7, 2011
October 7th, 2011-Even with the global economic crises, we lucky Torontonians continue to enjoy strength in our real estate assets. International investors look to Toronto for security. View the latest stats from the Toronto Real Estate Board’s Market Watch Report.
York Mills/ Silver Hills- Impeccably Maintained Home
Posted by realpropertyofandreastark in Real Estate on October 2, 2011
181 Woodsworth Road
$795,000
View Virtual Tour or Call for Appointment
Amazing value: over 3100 square feet of living space on four levels. Four bedrooms, three baths, updated mechanics, hardwood, Snaidero kitchen with high-end stainless steel appliances, granite, big family room with wood-burning fireplace walks out to gorgeous private perennial garden, double garage. Steps to Dunlace PS, great shopping, and transit.
Toronto Home Prices Remain Strong With Low Inventory
Posted by realpropertyofandreastark in Real Estate on September 7, 2011
August 7th, 2011- Despite a turbulent global economy and a frightening stock market, prices and demand remain high for Toronto real estate. And even though the additional Municipal Land Transfer Tax is a pain, it has not deterred purchasers. Clients moving here from elsewhere in the world tell me that our property taxes are quite low. So, if the Toronto Land Transfer Tax is abolished, yearly property taxes will likely need to be raised across the board. Hey-better that than lose all the services which have made our City great!
Andrea Stark, Sales Representative, Royal LePage R.E.Svcs.Ltd., J&D Division, Brokerage
Read TREB’s August Market Watch Report
Should You Try To Sell Your Home Without A Real Estate Agent?
Posted by realpropertyofandreastark in Real Estate on August 13, 2011
This is a great article written by lawyer, Mark Weisleder in The Toronto Star. My manager, Dianne Usher brought it to my attention. I have heard horror stories ranging from fraud to personal safety concerns, (how do you know you are safe if a stranger enters your home?). Registered Real Estate Salespeople and Brokers are held accountable, bound by a professional Code of Ethics which is part of the Real Estate and Business Broker’s Act, 2002, administered by the Real Estate Council of Ontario. RECO protects the public interest though a fair, safe, and informed marketplace.
Thus far, I personally have not encountered many sellers listing their properties on their own on MLS. However, in the few instances when I have, either the owner has not known how to respond or coordinate showing requests or has announced open houses and subsequently canceled them without notice. Real Estate Salespeople ensure the marketing process, negotiations, and completion of the transaction run smoothly. I feel the system the professional real estate community in our city has created has resulted in the high value of real estate property in Toronto. There is a lot involved in a smooth transaction. 
TREB’s July Stats: Real Estate Sales & Prices Up!!!
Posted by realpropertyofandreastark in Real Estate on August 5, 2011
The Toronto Real Estate Board’s Market Watch Report for July 2011 shows that we continue to enjoy a strong market here in Toronto. The average selling price is up nearly 10% from this time last year. In C09, which includes Rosedale, the average has increased 23.2%. C04 in North Toronto has increased 15.5%. Riverdale, (E01) has increased 15.3% and W02, including Bloor West Village, is up 10.2%. Read the full article and don’t let the stock market get you down.
