GTA Real Estate Market Watch 01/19

By: The Jean-Jacques Team

GTA Real Estate Market Watch 01/19

Tags: 2018 Annual Statistics, Average Home Price, Home Sales, GTA Real Estate, GTA Real Estate Market

January 2019 - Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS reported a total of 77,426 residential transactions through TREB's MLS System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered into TREB's MLS System were down by 12.7 per cent over the same period to 155,...Read More

Hidden Beauty

By: The Jean-Jacques Team

Hidden Beauty

Tags: declutter, organize, clean and clear

While magazine photos of beautifully styled kitchens with open shelving and matching knick-knacks organized just-so on the counter can look chic enough to trigger a serious case of kitchen envy, this type of setup may not be practical for everyone. In fact, the concept of openly displaying dishes and other essentials can end up being more work to maintain and cause more stress than a reg...Read More

Staging For Success

By: The Jean-Jacques Team

Staging For Success

Tags: Declutter, depersonalize, staging and pricing

When you decide to put your house or condo up for sale, it's important to take a step back and recognize that you need to shift your perception of your home, and mentally separate the "home" you live in from the "property" you are selling. This can be facilitated through staging. Staging effectively declutters and depersonalizes your home. While your home reflects your sty...Read More

You can paint that?!

By: The Jean-Jacques Team

You can paint that?!

Tags: HOME Transformation, Paint Professional, Paint

Whether you're planning to move later this year and need to freshen up your home before it goes on the market, or you've just moved in and want to make the décor your own in your new place, you no doubt recognize the transformative abilities that a few coats of paint can make on walls, doors, cabinets and their hardware. Here are a few more places you can completely transform with p...Read More

Terminology Tip: Loan to Value Ratio

By: The Jean-Jacques Team

Terminology Tip: Loan to Value Ratio

Tags: Loan-to-value, Lenders, Mortgage, Home Value

Loan-to-value (LTV) is a term used by lenders to illustrate how much the homeowner owes on their mortgage compared to the value of the home. For example, if someone purchases a property for $100,000 and has a $20,000 down payment, their mortgage would be $80,000, or 80% of the value of the home — an LTV ratio of 80%. The loan's LTV is important for establishing your loan eligibility and ...Read More

GTA REAL ESTATE MARKET WATCH 12/18

By: The Jean-Jacques Team

GTA REAL ESTATE MARKET WATCH 12/18

Tags: 2018 Real Estate, Average Home Price, Home Sales, GTA Real Estate, GTA Real Estate Market

December 2018 – Toronto Real Estate Board President Garry Bhaura announced the continuation of moderate price growth in November 2018 compared to November 2017. The MLS Home Price Index (HPI) Composite Benchmark was up by 2.7 per cent year-over-year. The average selling price was up by 3.5 per cent year-over-year to $788,345. Greater Toronto Area REALTORS reported 6,251 residentia...Read More

Selling in 2019? Avoid This Now!

By: The Jean-Jacques Team

Selling in 2019? Avoid This Now!

Tags: Decluttering, Over-decorating, Over-spending

'Tis the season for decorating, shopping and festivities! But before you charge ahead with all your "live for today" merrymaking, consider how the following could adversely affect tomorrow's house-selling plans. Filling up the house, when you should be decluttering. As every home seller has heard, "less is more" when it comes to showing your house, as the percei...Read More

Trust in Your Workers

By: The Jean-Jacques Team

Trust in Your Workers

Tags: Local Contractor, Building Permit, Worker Certification

Winter is barely here, but many of us are already daydreaming about home renovation projects we'd like to have done next spring. It's definitely not too early to start making plans, as many of the good contractors and tradespeople are already booked into next spring and summer! Here are some points to discuss with your potential contractor when considering if they're the right one for ...Read More

Pricing Predicaments

By: The Jean-Jacques Team

Pricing Predicaments

Tags: Real Estate Sales Representative, Market Value, Home Price

How much you think your house is worth and what it's actually worth in the eyes of potential buyers doesn't always align. Here are some of the factors to take under consideration when setting your asking price. Let professional experience guide your own experience. Your real estate sales representative will research how much comparable houses recently sold for, and how much similar...Read More

Terminology Tip: Lockbox

By: The Jean-Jacques Team

Terminology Tip: Lockbox

Tags: lockbox, electronic key, computer chip

A lockbox is a metal box containing your key, allowing your home to be shown when you're not there. While older lockboxes were opened with keys, today's models can feature combination locks, electronic codes (which can be changed on a day-to-day basis), a secure key card with a PIN, or infrared technology triggered by an electronic key or smart phone. Electronic lockboxes even contain comp...Read More