GTA Real Estate Market Watch 02/21

By: The Jean-Jacques Real Estate Group

GTA Real Estate Market Watch 02/21

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

FEBRUARY 2021 – January 2021 home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of Toronto and surrounding GTA regions.   • New listings were also up on a year-over-year basis in January, but not by the same annual rate...Read More

Create More Space in your Kitchen

By: The Jean-Jacques Real Estate Group

Create More Space in your Kitchen

Tags: Home Improvement, Kitchenware, Space saver, Storage Space

Need more storage space in your kitchen for your growing collection of cookware, tableware, and supplies? You don’t have to do a renovation or even add a new table or cupboard. Here are a few simple ideas: Pantry dividers. These enable you to store baking sheets, cutting boards, and platters in an upright position, effectively doubling the storage capacity of that area. Removable wine rack...Read More

Avoiding Moisture Problems in the Home

By: The Jean-Jacques Real Estate Group

Avoiding Moisture Problems in the Home

Tags: Moisture Levels, Home Problems, Home Improvement

There are many hidden sources of moisture in your home that can lead to serious problems, such as mould.   To keep moisture levels in check, consider these tips: Bathrooms are an obvious source of moisture build-up. Contractor and TV personality Mike Holmes recommends keeping the fan going for at least half an hour after a shower. Check regularly for water infiltration around window and d...Read More

Terminology Tip:  Market Value vs Selling Price

By: The Jean-Jacques Real Estate Group

Terminology Tip: Market Value vs Selling Price

Tags: Market Value, Selling Price, Open Market, Balanced Market

Market Value is commonly defined as "the highest price in terms of money, that the property will bring to a willing seller if exposed for sale on the open market; allowing a reasonable time to find a willing buyer, buying with the knowledge of all the uses to which it is adapted and for which it can be legally used, and with neither buyer nor seller acting under necessity, compulsion nor pecu...Read More

GTA Real Estate Market Watch 01/21

By: The Jean-Jacques Real Estate Group

GTA Real Estate Market Watch 01/21

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

JANUARY 2021 – Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS reported over 95,000 home sales in 2020 – the third-best result on record. The average selling price reached a new record of almost $930,000. “The Greater Toronto Area housing market followed an unfami...Read More

4 Good Reasons to Consider Selling your Home

By: By: The Jean-Jacques Real Estate Group

4 Good Reasons to Consider Selling your Home

Tags: Home Selling, New Home, Reasons to sell, Homeowners

Why do people decide to move? Unless it’s a requirement, such as a job relocation, the research tells us that you, like many homeowners, may decide to sell at some point for one or more of the following reasons: Your home is no longer a good fit. You may have outgrown your current home and need something bigger, maybe with an additional bedroom. Or, the opposite may be true. You may want...Read More

Be Prepared for Power Failures

By: The Jean-Jacques Real Estate Group

Be Prepared for Power Failures

Tags: Emergency, Power-outage, Preparations, Home Supplies

We are all vulnerable to unexpected power disruptions, but with a few advance preparations, potential inconveniences and dangers can be avoided or at least minimized.   As a starting point, every home should have emergency supplies that include basics such as candles and matches, flashlight(s) and fresh batteries, a first-aid kit, and at least one large jug of fresh water. If possible, it is...Read More

Terminology Tip:

By: The Jean-Jacques Real Estate Group

Terminology Tip: "Assignment Sale"

Tags: Assignment, Transfer, Assignor, Assignee

An Assignment Sale usually refers to the transfer of the rights and obligations of a real estate sales contract between a Buyer and a Seller to a third party, without the original buyer having to take possession and ownership of the property. This type of transaction is common with pre-construction properties that are sometimes purchased two to three years before the property is actually built an...Read More

GTA Real Estate Market Watch 12/20

By: The Jean-Jacques Group

GTA Real Estate Market Watch 12/20

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

DECEMBER 2020 – The record pace of home sales in the fall continued with 8,766 sales reported in November by Greater Toronto Area REALTORS through the Toronto Regional Real Estate Board’s (TRREB) MLS System. This result was up by 24.3 per cent compared to November of last year. Generally speaking, year-over-year growth in sales was stronger for single-family homes in the GTA regions s...Read More

Window Treatment Ideas that Help Sell Your Home

By: The Jean-Jacques Group

Window Treatment Ideas that Help Sell Your Home

Tags: Home Improvement, Window Treatment, Home Selling

If you’re selling your home, your window treatments – curtains, blinds, etc. – will often be included with the property. They are an important selling feature. So, when a prospective buyer views your home, looks at the front window with its gorgeous draperies, and says, “Wow!”, that’s a good thing. If you’re thinking of upgrading your window treatments in...Read More