Recent Blog Posts by Sara Kareer

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR MARCH 2012 - Tight Market Drives Double-Digit Price Growth

Greater Toronto REALTORS® reported 9,690 sales through the TorontoMLS system in March 2012. This result was up by almost eight per cent in comparison to the 8,986 deals reported during the same period in 2011.      “The GTA resale market has not suffered from a lack of willing buyers this year. Buyers have been spurred on by the positive affordability picture brought about ...

How Much House Can YOU Afford?

It can be difficult for first time homebuyers to know what they can afford. Here is a good video from Barbara Sukkau, President of the Ontario Real Estate Association, who helps a couple determine what they can afford with a simple formula. She reminds them that the lifestyle they want can affect the home they end up buying.       In addition to the one-time costs, don't forget ...

Coming This Week, 9 Linstock Drive, Brampton ON L6P 1E1, House for Sale,Vales of Castlemore

Finally ... coming this week!  9 Linstock Drive, Brampton, ON L6P 1E1, Vales of Castlemore    Lucky number 9 ……….…. 9 Linstock Drive!!    This is the perfect Home for you and your family to set down roots.  This captivating Professionally Landscaped, 5 Bedroom home with Stone/Brick exterior sits on a PREMIUM WIDE ...

Top 10 Odors That Homebuyers Hate

Every home has a predominant smell.  This informative post outlines some "good" and "bad" odors, as perceived by Homebuyers.   During Open Houses, I often bake Chocolate Chip Cookies to create a warm, comfortable feeling with potential Homebuyers walking in the front door.  Works great!  Every home has a predominant smell, what's yours?   Via The Scott ...

Dont Let Your Neighbors Sell You Out

This is just as a reminder to both Sellers and Buyers that information is POWER.  Any information you share with a third-party, whether you're buying or selling, can and will affect negotiations.    As a Listing Agent, I always advise my sellers to NEVER be home during showings.  Conversely, as a Buyers Agent, however, I love it when sellers are home.  Lol! Also, whether ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR FEBRUARY 2012

Tight Market Pushes the Average Price above $500K Greater Toronto REALTORS® reported 7,032 sales in February 2012 – up 16 per cent compared to February 2011. New listings were also up over the same period, but by a lesser 11 per cent to 12,684. It is important to note that 2012 is a leap year, with one more day in February. Over the first 28 days of February, sales and new listings were ...

House for Sale, 9 Linstock Drive, Brampton, Ontario Vales of Castlemore L6P 1E1

Here is a YOUTUBE video of my upcoming listing located within the Vales of Castlemore at 9 Linstock Drive in Brampton, Ontario.   This beautiful home has stunning curb-appeal and is located on a quiet, child-friendly street and is walking distance to Schools, Parks, Transit, and Shopping.     This is the perfect home to entertain your family and friends! ...

Coming Soon!! Exceptional 5 Bedroom Home backing onto Private Ravine Lot, Linstock Drive, Brampton, ON L6P 1E1

Coming Soon!! You've seen the rest ... now own the best!!    Coming Soon!!!    This Exceptionally Beautiful Home with Stone/Brick exterior backs onto a very private Ravine and is the perfect home to entertain your family and friends.    This home is situated on a wide lot and is surrounded by professional ...

Property Moguls Wanted in Realopolis

Hey!  Attention online gamers...who's ready to make some money? Fake money that is ....  On March 1st, CENTURY 21 Millennium agents went virtual in the launch of a free online game, Property Mogul.  Its a fun, online game designed to educate Canadians about real estate investment.    Through location-matching technology, each player is assigned a CENTURY 21 agent avatar, ...

Rosedale Village Golf and Country Club -- Make Your Move!

Are you an empty-nester looking to down-size your present home?  Are you looking for a safe place to call home, a place that allows you the freedom to enjoy the lifestyle you want with the amenities you desire?       Nestled in Brampton, Rosedale Village Golf & Country Club is a private, secure, gated community that caters to adults 50+.  It's located ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR DECEMBER 2011

Second-Best Year on Record for Sales 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 ...

For Sale By Owner - FSBO a NO GO

The founder of a website preeching the concept of selling your home without the help of a real estate agent -- failed at selling his own home.   The creator of ForSaleByOwner.com, Colby Sambrotto, failed to do what he preeched.  After 6 months of unsuccessfully trying to sell his own 2 bedroom New York condo, he eventually hired a real estate agent for 6% commission and the ...

Buying a Home: Is that home you’re buying a former "Grow-Op"?

Is that home you’re buying a former "Grow-Op"?      Before you’re sold on the granite countertops and stainless steel appliances, consider that a previous homeowner may have been cooking up a lot more in the basement, bedrooms and even the family room. Prospective buyers need to know that a home, formerly used for a grow-op, may hold a ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR JUNE 2011

TorontoMLS® Sales and Average Price Up in June Greater Toronto REALTORS® reported 10,230 home sales through the TorontoMLS® system in June 2011 - up 21 per cent compared to June 2010. This number represented the third best June result on record behind 2007 and 2009. The number of transactions during the first six months of 2011 amounted to 48,189 - down by 4.5 per cent compared to the ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR MAY 2011

Sales and Price Increase in May Greater Toronto REALTORS® reported 10,046 sales in May 2011 - up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076, was down 15 per cent compared to last year. "Positive economic news and low borrowing costs led to strong sales ...

Variable Rate vs. Fixed Rate Mortgages - Which is Better?

After finding the home of your dreams, the next decision you are likely to face is deciding what mortgage is better -- variable or fixed?  There was a recent article in The Star that addressed this very important decision -- click here to read the article.      If you have any questions, please feel free to contact me ... I have a team of Mortgage professionals ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR APRIL 2011

Tight Market Results in Strong Price Growth in April Greater Toronto REALTORS® reported 9,041 existing home sales through the TorontoMLS® system in April 2011. This result was down 17 per cent compared April 2010 when sales spiked to a new record of 10,898. While off last year’s record result, April 2011 sales were in line with the average April sales level reported over the previous ...

The Importance of a Buyers Representation Agreement

TREB (Toronto Real Estate Board) has produced a series of YouTube videos to help the buying public see the benefits of signing a Buyer Representation Agreement.  It’s important to understand the benefits of signing this agreement as it protects you, the consumer.  Have a look…     Feel free to call me with any questions you have about signing a Buyers Representation ...

Looking to Buy a Home or Condo, Special Promotion with Best Buy Geek Squad!

If you are looking to buy a Home or Condo in Brampton, Mississauga, Oakville, Caledon, Vaughan, or the surrounding Toronto area, I have yet another reason to choose me as your value-added Realtor®.       As another value-added service, I am very excited to offer my clients a special promotion with Best Buy Canada’s “Geek Squad”.     ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR FEBRUARY 2011

Average Selling Price Up in February -- Greater Toronto REALTORS® reported 6,266 transactions through the TorontoMLS® system in February 2011. This result was 14 per cent lower than the record sales reported in February 2010.   While not representing a record, February 2011 sales were 50 per cent higher than the number reported in February 2009 during the recession and slightly ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR JANUARY 2011

Good Start to 2011 -- Greater Toronto REALTORS® reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010.   "While off the record pace experienced a year ago, the GTA resale market has started the year on a solid footing. Home buyers in Toronto and surrounding areas continue to ...

Ontario Approves Rent Increase

The Ontario Real Estate Association (OREA) released the following information with regards to the Ontario government approving a rental increase.   Landlords in Ontario have been given permission to raise rent by 0.7 per cent in 2011 – the lowest rent hike for Ontario residents in the last 35 years.   The guidelines provide the maximum amount a landlord is able to hike ...

REALTOR.ca mobile application for Apple iPhone

Did you know??  The Canadian Real Estate Association (CREA) recently released its REALTOR.ca app for the Apple® iPhone®. REALTOR.ca is the most visited real estate website in Canada.  With the introduction of the free REALTOR.ca app, consumers now have the ability to check out houses whenever they want, wherever they want. The portable, on-the-go information that the REALTOR.ca ...

Finance Minister Jim Flaherty unveils New Mortgage Rules

  Finance Minister Jim Flaherty unveiled three new changes this morning to mortgage lending rules: * Mortgage amortization periods will be reduced to 30 years from 35 years on insured mortgage loans * The maximum amount Canadians can borrow to refinance their owner occupied property will be lowered to 85 percent from 90 percent. * The government will withdraw its insurance backing on lines ...

TORONTO REAL ESTATE BOARD (TREB) MARKET WATCH REPORT FOR DECEMBER 2010

Third Best Year for Existing Home Sales   Greater Toronto REALTORS® reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009. "Market conditions were anything but uniform in 2010. We went from super-charged sales activity during the first four months of the year, to a marked drop-off in transactions ...