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 ...

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 ...

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, ...

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

Strong Sales/Price Growth Continue in 2012   Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011. Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto.       “A favourable affordability ...

7044 GUILDHALL COURT, MISSISSAUGA ON - HIGHEST SOLD 3-BEDROOM HOME ON THE STREET*

 You missed it! This stunning three bedroom, 3 washroom semi-detached home at 7044 Guildhall Court, Mississauga, ON has been sold!       7044 Guildhall Court, Mississauga, ON -- still remains the highest sold 3-Bedroom home on the street! *    STAGING SELLS HOMES for top dollar!  I can offer you FREE Staging advice and supply furniture ...

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 ...

YouTube Video - 7044 Guildhall Court, Mississauga, ON House for Sale

Here it is....the home you've been waiting for! This beautiful 3 Bedroom, 3 Washroom, Semi-Detached home it situated on a family-friendly street on a child-safe court.  It's close to all Amenities... Schools, Parks, Highways, Transit, and Shopping! Set up your own personal viewing of 7044 Guildhall Court, Mississauga, by calling Sara Kareer right now at 905-450-8300 or 1-888-450-8301. ...

COMING SOON: 7044 Guildhall Court, Mississauga, Ontario - 3 Bedroom, 3 Washroom close to LISGAR GO Station!

COMING SOON: 7044 Guildhall Court, Mississauga, Ontario - 3 Bedroom, 3 Washroom close to LISGAR GO Station!  This is the home you've been waiting for!  Located in a family-friendly neighbourhood on a quiet court, this home awaits you and your family!                 This home offers amazing value!  For more information ...

Lago Condos Toronto - Special VIP Event – August 27, 2011

Lago Condominiums will stand proud at 49 Storeys and will sit atop a 3-storey podium and offer some of the most incredible views of the Toronto skyline and Lake Ontario. It is conveniently located and provides quick access to TTC, Highways, neighbourhood Parks, walking and biking trails, and relaxing greenspace.    Enjoy impressive standard features in every suite:  9' Ceilings Single ...

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 ...

3361 SCOTCH PINE GATE, MISSISSAUGA Ontario - HIGHEST SOLD SEMI-DETACHED ON THE STREET!!

You missed it! This stunning three bedroom, 3 washroom semi-detached home at 3361 Scotch Pine Gate, Mississauga, ON has been sold!            It Sold in one week with multiple offers!   It is now the HIGHEST SOLD semi-detached on the street!  Want similar results?  If you're thinking of Selling, call ...

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 ...

EXCLUSIVE Listing - 3361 Scotch Pine Gate, Mississauga, ON -- House for Sale

This EXCLUSIVE listing at 3361 Scotch Pine Gate, Mississauga, ON -- Don't miss this one!!                            This Large 3 Bedroom, 3 Washroom Semi-detached Home with a Finished Basement provides an ideal open-concept floor plan. Beautiful curb-appeal is highlighted ...

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 ...

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

Second Best March on Record  -- Greater Toronto REALTORS® reported 9,262 transactions through the TorontoMLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010. "The strong home sales reported in March and throughout the first quarter of 2011 have been based on a solid ...

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 ...

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 ...

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

 Sales Strong in November   Greater Toronto REALTORS reported 6,510 existing home sales in November – down 13 per cent from 7,446 sales in November 2009. New listings were also down 13 per cent annually to 8,642. On a month-over-month basis, the seasonally adjusted annual rate of sales increased for the fourth straight month to 88,100. This rate was substantially higher ...

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

October Price Growth Reflects Healthy Housing Market Conditions Greater Toronto REALTORS® reported 6,681 sales through the Multiple Listing Service® (MLS®) in October 2010. This represented a 21 per cent decrease compared to the 8,476 sales recorded in October 2009. Through the first ten months of the year, sales amounted to 75,582 – up one per cent compared to the January ...