As you may have heard, the market is still very strong for sellers. So now may be a great time to move to a smaller place and take some equity out of your home. I've talked with a few empty-nesters this year who are thinking about down-sizing because they are starting to find their empty, 4-bedroom home a little too much to maintain. Moving to a condo is a great option! Everything is taken care...
Rental Market
This week, we successfully sold a $2,000,000+ luxury home in Oakville. What makes this story interesting is that the Owners had previously tried to sell their home for about 11 months with another realtor and was not successful. Earlier this month, we sold another Toronto condo in two weeks when the Seller had previously tried over a two month period. We follow a simple formula: For example,...
This week, we successfully sold another home in Mississauga. I'm happy to say we got 65 showings, 8 offers and almost +$200,000 over the listing price. The reason is because we use a blind-bidding system. This means that potential buyers have NO IDEA what other buyers have offered. The spread can be incredible. Differences are routinely $100,000 to $200,000 between the low and high...
The average house in the GTA sold for almost $1,100,000, so the demand is still going strong. Many think, "you just put the house up and it will sell". This is true - it will eventually sell. But did you leave money on the table? This week, we successfully sold a home in Vaughan. I'm happy to say we got 76 showings, 5 offers and almost +$200,000 over the listing price. To sell for the most in...
Houses in the GTA less than $2,000,000 are still receiving multiple offers and the listing price ratio is about 109%. However, I am sensing a shift. Not major, but places outside of the GTA are not as crazy. In Vaughan, for instance, one 3-bedroom detached house had 56 people through, and only two offers. Last week, I was pleased to bring one of my clients to Cambridge to buy this amazing...
Houses in the GTA less than $2,000,000 are still receiving multiple offers and the listing price ratio in Mississauga is about 107%. However, I am sensing a shift. Not major, but places outside of the Toronto are not as crazy. In Vaughan, for instance, one 3-bedroom detached house had 56 people through with only two offers. Last week, I was pleased to bring one of my clients to Cambridge to...
We just put this gem in Oakville for sale this week. Situated in South Oakville, this magnificent home combines the blend of traditional charm with the functionality of a perfect layout. Featuring 4,200 sqft of total living space, including 4+1 bedrooms and 5 baths, this luxurious home is surrounded by an abundance of natural light with oversized windows. See the difference that professional staging...
We are entering the Spring Market and this week, the real estate market has been pretty strong. But there are pockets where houses tried for multiple offers and failed. Whether it's because they were expecting a TOTALLY crazy price or nobody showed up on offer day, who knows? Now the question is: what will the seller do? My feeling is some will re-list at a higher price, while others who "tried and...