GTA Real Estate Market Watch 03/20

By: The Jean-Jacques Team

GTA Real Estate Market Watch 03/20

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

MARCH  2020 - In line with the forecast contained in the Toronto Regional Real Estate Board's recently released Market Year in Review and Outlook Report, TRREB President Michael Collins announced a very strong year-over-year sales and price growth in February 2020.  Greater Toronto Area REALTORS reported 7,256 residential transactions through TRREB's MLS System in February 2020,...Read More

Home Shopping and the Four-Legged Stool

By: The Jean-Jacques Team

Home Shopping and the Four-Legged Stool

Tags: New home, Home Shopping, Buying new home, Real Estate Professional

What kind of stool is most likely to keep you from toppling over when you sit on it? Of course, two-legged stools won’t even stand on their own. Three-legged stools are okay, but still unstable. Four-legged stools are rock solid. What does this have to do with shopping for a new home?   Well, if you want to find the right home quickly and for the best price, you need to have four thing...Read More

Moisture on Windows

By: The Jean-Jacques Team

Moisture on Windows

Tags: Home humidity, Window condensation, Home improvement, Glass moisture

You’re standing by your window admiring the view. Then you notice it. Moisture has built up around the edges of the glass. Should you worry? It all depends on the reason for the build-up. Assuming you have traditional double-pane glass in your windows, there are a few things to look for if you notice moisture. Often, moisture at the bottom of your windows is simply caused by too much humi...Read More

Terminology Tip: "Real Estate Lawyers" vs "Realtors" & "Door Openers"

By: The Jean-Jacques Team

Terminology Tip: "Real Estate Lawyers" vs "Realtors" & "Door Openers"

Tags: Real Estate Law, Legislation and Rules, Real Estate Agents

Did you know that only real estate lawyers who are registered with "Teraview" (the body who maintains the Land Registry system) can change land ownership in Ontario? In Ontario, the process for properties changing hands is highly regulated. There are prescribed roles for the various players. The role of the real estate lawyer is unique. Consumers need a Real Estate lawyer when buying or ...Read More

GTA Real Estate Market Watch 02/20

By: The Jean-Jacques Team

GTA Real Estate Market Watch 02/20

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

FEBRUARY 2020 - TRREB President Michael Collins announced that Greater Toronto Area REALTORS reported 4,581 home sales through TRREB's MLS System in January 2020 - up by 15.4 per cent compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8 per cent compared to December 2019.  "We started 2020 where 2019 left off, with very strong growth in the numb...Read More

Are You Ready to Buy Up?

By: The Jean-Jacques Team

Are You Ready to Buy Up?

Tags: Home Buyer, Neighbourhood, Home Improvement, Home Buying

No matter how much you love your current home, you may still be dreaming of the day you can buy up into a better home in a better neighbourhood. Is that day today or a few years down the road? Here's a quick way to make that assessment. First, make a list of all the practical reasons why it might be time to move up. Those reasons might include features such as: more bedrooms; proximity to wo...Read More

Finding the Perfect

By: The Jean-Jacques Team

Finding the Perfect "Kid-Friendly" Neighbourhood

Tags: Family, Fortunate Neighbours, Neighbourhood, Real Estate

Fast forward a few years and imagine that your kids have grown up. They've come back to the "old neighbourhood" to reminisce. What will they remember? The playground where they hung out with their friends? The quiet cul-de-sac where they learned to ride their bikes? The park where they picnicked and flew kites? Lasting memories are built in neighbourhoods where amenities match lifes...Read More

Terminology Tip:

By: The Jean-Jacques Team

Terminology Tip: "Assignment"

Tags: Assignor, Assignee, Pre-Built Homes, Pre-Built Condos

An assignment is a sales transaction where the original buyer of a property (the "assignor") allows another buyer (the "assignee") to take over the buyer's rights and obligations of the Agreement of Purchase and Sale, before the original buyer closes on the property (that is, where they take possession of the property). The assignee is the one who ultimately completes the d...Read More

GTA Real Estate Market Watch 01/20

By: The Jean-Jacques Team

GTA Real Estate Market Watch 01/20

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

JANUARY 2020 - Toronto Real Estate Board President Michael Collins reported that December 2019 residential sales reported through TREB's MLS System by Greater Toronto Area REALTORS were up by 17.4 per cent year-over-year to 4,399. Total sales for calendar year 2019 amounted to 87,825 - up by 12.6 per cent compared to the decade low 78,015 sales reported in 2018. On an annual basis, 2019 sales ...Read More

Three Lists to Make When Selling Your Home

By: The Jean-Jacques Team

Three Lists to Make When Selling Your Home

Tags: Home Selling, Preparing your Home for Sale, Home Seller, Neighborhood, Real Estate Market

When you put your property up for sale, you want to make sure that potential buyers get all the information they need on the features of your home and its surrounding area. If, for example, buyers don't realize there is a great school just a couple of blocks away, they might cross your property off their shortlist. An effective way to make sure something like that doesn't happen is to cre...Read More