GTA Real Estate Market Watch 09/21

By: The Jean-Jacques Team

GTA Real Estate Market Watch 09/21

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

SEPTEMBER 2021 – TRREB is reporting the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, the supply of listings is down. The result has been tighter market conditions and sustained competition between buyers, resulting in double-digit annual in...Read More

Kids Need to Understand Personal Data

By: The Jean-Jacques Team

Kids Need to Understand Personal Data

Tags: Kids Personal Data, Digital Footprint, Data Collection, Phishing

The risks and benefits of data collection may be incomprehensible to most children, but it’s important for them to know that information about them is constantly being collected from their smartphones. Therefore, even children need to be thoughtful about what facts and images they choose to share, as they build a digital footprint throughout the course of their lives.   In other words, ...Read More

Beware of Over-Downsizing or Over-Upsizing

By: The Jean-Jacques Team

Beware of Over-Downsizing or Over-Upsizing

Tags: Downsizing, Upsizing, Home Buying, Property Valuation

Buying a new pair of shoes is relatively easy. Once you find the style you like, all you need to do is try them on and see if they fit. If they do, you go to the cash register and pay.   When it comes to size, buying a new home can be trickier! Whether your intention is to upsize or downsize, figuring out the right size can be especially challenging.   Say for example, you’re downs...Read More

Terminology Tip: Mortgage, Mortgagor & Mortgagee

By: The Jean-Jacques Team

Terminology Tip: Mortgage, Mortgagor & Mortgagee

Tags: Death Pledge, Charge, Claim, Encumbrance, Form of Security

The word mortgage is an Old French word that literally means 'death pledge', where the creditor held the ownership of the land, permitting the debtor to live on and work the land, but the debtor's debt was never reduced and effectively could never be paid off. The result was the creditor increasing in wealth over time, and the debtor left with no ownership and no land when they die. &n...Read More

GTA Real Estate Market Watch 08/21

By: The Jean-Jacques Team

GTA Real Estate Market Watch 08/21

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

AUGUST 2021 – With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 2020, with sales accounting for a greater share of new listings compared to last year. The sellers’ market conditions sustained a do...Read More

The Latest in Kitchen Fire Prevention – What You Need to Know

By: The Jean-Jacques Team

The Latest in Kitchen Fire Prevention – What You Need to Know

Tags: Kitchen, Fire Prevention, Cooking, Kitchen Fire

More fires start in the kitchen than in any other room. These fires can be expensive; since even a minor incident, with no injuries, can result in significant damage. That’s why it’s important to keep up with the latest in fire prevention.   The most recent research tells us: Never leave cooking food unattended. Doing so is the number one cause of kitchen fires. Make sure cooking ...Read More

Beyond Boxes: Packing Materials You May Need for your Move

By: The Jean-Jacques Team

Beyond Boxes: Packing Materials You May Need for your Move

Tags: Moving Day, Planning, Packing, New Home

As you probably know, when you’re preparing to move, you’ll need boxes and tape — and, perhaps some bubble-wrap or old newspapers to use as protective wrapping for delicate items.   But that may not be all you need. Take a look at this list and see if you want to have any of these on hand while you’re packing or on your moving day: Colour markers for labelling boxes...Read More

Terminology Tip: CMA, Appraisal & Assessment

By: The Jean-Jacques Team

Terminology Tip: CMA, Appraisal & Assessment

Tags: Comparative Market Analysis, Property Valuation, Appraisal, Assessment

A Comparative Market Analysis (CMA) is a method of property valuation Realtors use to estimate the market value of residential properties. A CMA examines the prices at which similar properties in the same area have recently sold, with some price adjustments to account for differences between the subject property and the comparable properties. In Ontario, CMA's ar...Read More

GTA Real Estate Market Watch 07/21

By: The Jean-Jacques Team

GTA Real Estate Market Watch 07/21

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

JULY 2021 – June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of increase moderated compared to the previous three months. Greater ...Read More

The Latest Options in Outdoor Lighting

By: The Jean-Jacques Team

The Latest Options in Outdoor Lighting

Tags: Home Improvement, Outdoor Space, Good Lighting, Outdoor Lighting

Outdoor lighting has come a long way from the days of patio lanterns and strings of lightbulbs. These days, there’s an exhaustive array of options available to illuminate your outdoor space and make it more appealing and comfortable, particularly in the evenings. Here are just a few ideas: Solar garden lights. These lights are on stakes that can be easily inserted throughout the garden. Po...Read More