| Recent Blog Posts by CENTURY 21 Leading Edge Realty Inc. | ||
Choosing an agentChoosing the right agent is almost as important as choosing the right house. The right agent will have the experience, strategies, personality and taste that will further your goals. Choosing one with a style that harmonizes with your own will make the house-hunting and/or selling process much more enjoyable and productive.
Ask questions: Before hiring an agent, be sure to ask pertinent ...
Posted by Paul Baron
on December 6, 2011
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Condos attracting those near and farThe booming condominium market in the GTA has been fueling real estate sales for years, providing buyers with options for investing and living. TD Canada Trust’s 4th Condo Poll revealed that the low maintenance of condos compared to homes is the biggest motivation for those buying condos, making up 36 per cent of their decision-making power, while affordability comes in second at 24 per ...
Posted by Paul Baron
on October 15, 2011
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Consumer DebtIf Canada’s household debt were evenly divided up between all Canadians, a family with two children would collectively owe $176,461. A bit of scary information, isn’t it? This statistic was recently revealed in a study conducted by the Certified General Accountants Association of Canada. Household debt, defined as the outstanding balance of household credit, including consumer credit ...
Posted by Paul Baron
on September 5, 2011
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Historic CharmThere’s something about a home that tells stories of yesteryear through its creaks and carved mouldings, in its worn bricks and scuffed floors. It’s not just a building, but also a part of our social and architectural history.
Lyn and Dick Mullen know all about historic charm. They welcome visitors into their 19th century home on a regular basis to experience the history and stories ...
Posted by Paul Baron
on March 10, 2011
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Tips for First-Time Home BuyersYou’re tired of renting and paying for someone else’s mortgage every month. You’ve been saving for years and decided it’s time to purchase your own piece of real estate.
Great! Investing in real estate can be a very profitable and fulfilling step. But now what? Becoming a homeowner can be a little daunting, especially when you’re as green as they come. And like Heather ...
Posted by Paul Baron
on March 2, 2011
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Shooting Home InteriorsYou’ve tried to show a home in its best light. You’ve taken photos of all of the rooms and features, but they just lack that wow factor. There are a few key factors to consider when shooting interiors that can mean the difference between a dark, dingy, lackluster home and a bright, inviting, sharp interior. Set up the shot The room or vignette has to look good before the camera can record ...
Posted by Paul Baron
on February 12, 2011
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New Mortgage RulesAfter Finance Minister Jim Flaherty announced new mortgage rules for 2011, many homeowners and prospective homeowners began to panic.
There are three changes that will take effect on March 18th of this year: Maximum mortgage amortization periods will be reduced from 35 to 30 years. The maximum borrowing limits for refinancing a mortgage will be reduced from 90 per cent to 85 per cent of the value ...
Posted by Paul Baron
on January 22, 2011
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Top 10 Home Staging TipsEach of us wants to show our home in its best light. We want guests to be wowed by it and prospective buyers to choose it out of all the homes they tour. Luckily, a few simple steps can help move your abode to the top of the list. According to Moneysense Magazine, home staging can bring in six per cent above a home’s asking price. 1. Curb Appeal Statistics say potential buyers will ...
Posted by Paul Baron
on January 12, 2011
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Applying For a MortgageIt’s the largest financial investment many will make in a lifetime. Entering into a mortgage is a responsibility not to be taken lightly. Preparation is key. Learning how to apply before taking the necessary steps will take a load off your shoulders and provide confidence in your decisions. Step 1: Inform yourself Fixed rates, variable rates, deposit and repayment plans, amortization—It’s ...
Posted by Paul Baron
on December 17, 2010
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Why are People Complaining About the Toronto Market
Why people are complaining about the Toronto and Greater Toronto market?
Homes in Markham, Vaughan, and Toronto are selling and in some cases we are generating multiple offers. The reason why some homes are sitting on the market is because they are either in poor condition, in a less then desirable location or most importantly for this market, not priced right.
I ...
Posted by William Karnasiotis
on September 29, 2010
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HOW TO CHOOSE THE RIGHT LIGHTS FOR YOUR KITCHEN
The kitchen is an area in a home that is used A LOT. We all know that if the kitchen is conducive, the party will end up there all night! Lights can keep the mood up or down, they can make you feel invited or unwanted. In a kitchen, there are so many options even as to where to put the lights; let alone the type and style of light. In a kitchen there can be under cabinet lighting, top of the cabinet ...
Posted by Lorynne Lofsky
on September 22, 2010
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Canada Not in Danger of US-Style Housing BustThe CD Howe Institute recently released a study written by Professor Jim MacGee (University of Western Ontario), which poses the question of whether or not the Canadian housing market could experience a US-style bust, including a steep drop-off in the average selling price.
MacGee argues that mortgage underwriting standards evolved much differently in the US and Canada leading up ...
Posted by William Karnasiotis
on September 10, 2010
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Interest RatesPredictions Ring True! Third Consecutive Interest Rate Hike. With the increase to 1 percent for the overnight rate, the Bank Rate is correspondingly 1.25 percent, and the deposit rate is .75 percent. Financial conditions in Canada have tightened modestly since April, with the changing monetary policy measures, but overall still remains highly stimulative from a global perspective. This increase ...
Posted by Patricia S
on September 9, 2010
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How HST will Affect Homeowners As you probably know, the Harmonized Sales Tax (HST) is coming into effect on July 1st of this year. The Ontario Real Estate Association (OREA) strongly opposed the implementation of the combined 5% GST and 8% PST, but there is no reason to be scared out of buying a home in the near future.
Understanding how the HST will affect you as a homebuyer will help you decide whether buying a ...
Posted by Paul Baron
on May 3, 2010
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Post Earth Hour Energy SavingsThis first Saturday of April you may have participated with millions of other Canadians in Earth Hour and sat in the dark from 8:30 to 9:30 to do your part in helping the Earth by saving energy. Each year more and more people worldwide participate in this enlightening event sponsored by the World Wildlife Federation.
Earth Hour does a lot to raise awareness about climate change and aims to help each ...
Posted by Paul Baron
on April 27, 2010
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Spring in to House HuntingThe real estate market is always buzzing in the spring time, but there is some extra buzz this spring and if you’re thinking of buying a home this season then you may want to get an early start. Here’s why: The Harmonized Sales Tax (HST) comes into effect July, 1 2010 and the rate of many goods and services will be raised by eight percent. This includes the commissions, ...
Posted by Paul Baron
on March 9, 2010
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Is it Time to Downsize Your Empty Nest? Is this the fall that your home becomes an empty nest? Every September as students head off to college and university, parents are left behind. Once the youngest child leaves they are left in what has come to be known as the empty nest. Some parents mourn and some celebrate their time alone and with each other. However you feel about it, moving to a smaller home may be a good option to consider. ...
Posted by Paul Baron
on November 12, 2009
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Selling Your Home this FallIt’s hard to believe that the summer is coming to an end for yet another year and autumn is already dropping hints of its arrival everywhere we look. The tips of leaves are starting to change colour and kids are back at school. This time of year is typically a bit slower for house sales as families are closing up their cottages, storing the camping gear and settling in for a busy few months, ...
Posted by Paul Baron
on October 3, 2009
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The Right Fit: Finding an Agent to Suit your Needs Century 21 agents are at the top of the game when it comes to finding you a new home. Many different agents work under the Century 21 name, however, are all unique, and bring a wide variety of personalities to the table. Here are some tips to help you choose the right agent to suit your needs. Make sure you can clearly communicate your needs and expectations with your agent. Open lines of communication ...
Posted by Paul Baron
on August 26, 2009
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THE TIME TO BUY IS NOW!!
1) Housing starts are expected to rise
While the seasonally adjusted annual rate of housing starts decreased to 132,000 units in July from 137,000 units in June, Canada Mortgage and Housing Corp. says starts statistics – which mark the actual, shovel-in-the-ground beginning of construction – are expected to improve throughout 2009.The reason?“Over the next several ...
Posted by Jasmine Lee
on August 18, 2009
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GTA REALTORS® report resale record in July
In July 2009, Greater Toronto
REALTORS® reported a record 9,967
sales, up 28 per cent from July 2008.
The average price for July transactions
was $395,414 – up by six per cent
compared to the same month last year.
“Households confident in their
positioning within the current economic
environment have taken advantage
of housing affordability in the GTA,”
said ...
Posted by Ken Yeung
on August 11, 2009
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Value of a Comparative Market Analysis There are many things to consider when you decide to sell your home, but the most important factor bar none is the listing price. Making sure you list your house at market value will play the biggest role in selling your house quickly and at a desirable price. Asking your realtor to prepare a comparative market analysis (CMA) is a great way to figure out the right price tag for your home. There ...
Posted by Paul Baron
on June 10, 2009
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Spring is Here With the Canadian real estate market recently entering a thawing stage, and the onslaught of the beautiful weather, why not spend a few weekends sprucing up your home and property before listing? Not everyone can afford sometimes-expensive home staging services, but a few coats of paint, finally fixing those squeaky doors and wobbly railings, or hanging some fresh drapes could mean the difference ...
Posted by Paul Baron
on May 29, 2009
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Benefits of Web 2.0 for Home Buyers Making the decision to buy a home is exciting and empowering, but can be a little overwhelming when you’re just starting out. Of course you want to find the perfect home in a great neighbourhood, not too far from work and good schools for your kids. Now, the hunt for this ideal home has been made less time consuming and more fun than ever before. The emergence of Web 2.0 applications on ...
Posted by Paul Baron
on May 28, 2009
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Attracting Young Home Buyers The current housing market has opened up an array of exciting opportunities for young and first time home buyers. House prices have dropped in several areas and interest rates are lower than ever. The government has also introduced the First-Time Home Buyers’ Tax Credit and raised the maximum RRSP withdrawal for first home purchases up $5,000 to $25,000. Young professionals in their twenties ...
Posted by Paul Baron
on May 25, 2009
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