GTA Real Estate Market Watch 05/21

By: The Jean-Jacques Real Estate Group

GTA Real Estate Market Watch 05/21

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

MAY 2021 – Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported.   GTA REALTORS reported 13,663 sales through TR...Read More

A Connected Home Helps Us Make Smart Choices

By: The Jean-Jacques Real Estate Group

A Connected Home Helps Us Make Smart Choices

Tags: Whole-home Systems. Home Improvement, Household Utilities, Home Automation

It’s been long predicted, but the time has finally come when whole-home systems can provide a network to allow the electronic features and fixtures of your home to talk to one another. Often a family’s first such network involves controlling and sharing subscription services for movies, TV, and music among personal devices. Home hubs are the next logical step beyond streaming services...Read More

Getting the Home You Want in a Competitive Market

By: The Jean-Jacques Real Estate Group

Getting the Home You Want in a Competitive Market

Tags: Home Buying, Property Valuation, Competitive Market

Regardless of whether the overall housing market is up or down, there can be fierce competition when it comes to buying a home in a desirable neighbourhood. So, if you want to live in a “hot’ area, how do you gain an advantage? Here are some tips: Schedule viewings of homes for sale in the neighbourhood as soon as they go on the market. Have you ever heard the expression, “The...Read More

Terminology Tip: Condo "Units" vs "Common Element"

By: The Jean-Jacques Real Estate Group

Terminology Tip: Condo "Units" vs "Common Element"

Tags: Condominium Registration, Proportionate Ownership Share, Condo Units, Common Element

The effect of condominium registration is to divide the property into units and common elements. Associated with each unit is a proportionate ownership share of the common elements. The proportions of such shares are specified in the declaration of the condo complex. Each unit owner owns his/her unit separately, together with an undivided interest in the common elements. Each unit owner is respons...Read More

GTA Real Estate Market Watch 04/21

By: The Jean-Jacques Real Estate Group

GTA Real Estate Market Watch 04/21

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

APRIL 2021- For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy.   GTA REALTORS reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were strong, it is important to remember that ...Read More

New Decking Options

By: The Jean-Jacques Real Estate Group

New Decking Options

Tags: Home Improvement, Innovative Decking, Decking Ideas

When you decide it’s time to install or replace a deck surface, you may find there are more choices than you had expected. There are many new materials and installation options that have come to the market over just the past few years.   For example, in addition to traditional wood decking, there are contemporary synthetic and composite materials that possess properties that are remarka...Read More

What’s your Home Worth in Today’s Market?

By: The Jean-Jacques Real Estate Group

What’s your Home Worth in Today’s Market?

Tags: Home Worth, Market Value, Property Selling

If you own a stock, you can probably go online and quickly look up its current value.   What about your home? That, too, is an important investment and probably your most valuable one. Wouldn’t it be nice if you could “look up” its current value in just a few minutes?   Well, despite all the real estate data available on the internet these days, there is no site that wi...Read More

Terminology Tip: Improvement On Site vs Improvement To Site

By: The Jean-Jacques Real Estate Group

Terminology Tip: Improvement On Site vs Improvement To Site

Tags: Site, Improvement on Site, Improvement to Site

Site:   A site is a piece of land that is ready to be built on; i.e., it is land that is zoned, graded, drained, has road access and any necessary services. Site and lot are words that are often used interchangeably.   Improvement on Site:   Improvements on site generally refer to the house that sits on the lot.   Improvements to Site:   Improvements to the site include it...Read More

GTA Real Estate Market Watch 03/21

By: The Jean-Jacques Real Estate Group

GTA Real Estate Market Watch 03/21

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

MARCH 2021 – Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs surrounding the...Read More

What to Do When Closing Dates Don’t Match

By: The Jean-Jacques Real Estate Group

What to Do When Closing Dates Don’t Match

Tags: Property Selling, Bridge Financing, Closing Dates, New Home

If you want to sell your current property and purchase your next dream home, you might be wondering whether the closing dates need to be on the same day. You might even be worried that you’ll lose a property if the closing dates overlap, or you’ll be put out on the street if the dates are far apart! For the most part, these concerns are unfounded. Thousands of properties change hands...Read More