Monday, August 9, 2010
Wednesday, July 21, 2010
Tuesday, July 20, 2010
In recent months I have had the privilege to work with some clients who were both looking for the same type of property, a family home that they could move into and grow their families. While their budgets and areas were different, their desires were both the same, somewhere to call home for the long term. One set of clients were looking in the upscale area of Forest Hill in the Bathurst and Eglinton part of Toronto, while the others were looking in a newer development in Aurora around Bayview and St. John’s Sideroad.
As their searches began, it became quite apparent how each set of clients would have to act differently, as the markets in each area were trending in very different ways. Forest Hill is, and has been for a long time, one of
With the Forest Hill clients, it was imperative to ensure that they were able to see each property the day it came on the market to allow them the opportunity to make the decisions, rather than the decisions being made for them. In a lot of cases, houses in this area would have offer dates, meaning the listing agent was looking for a bidding war and for the properties to sell for over the asking price. It is not uncommon in this area, and is almost an accepted practice despite it making it much more challenging for prospective buyers. For buyers, it can almost be a more disappointing experience than a rewarding one as there may be many properties that they are interested in selling for prices higher than they would pay. While patience may be a virtue, it is something that is tested regularly in this type of market.
Shifting gears to
While the news paint a broader brush stroke on the fluctuations of the market on a weekly, or even daily basis, the many different markets in the GTA each have their own changes that real estate professionals have to be aware of. While you may have 2 clients, looking for the exact same property, with a similar budget, the areas that they choose to look in may ultimately determine what type of property they may or may not be able to afford. At Hive Realty, we pride ourselves on understanding the trends in specific areas to ensure that our clients not only understand what is available, but why prices may be different for the same property depending on where you look. Working with one of our sales representatives can only benefit you in ways that you may not have thought of before.
By : Darryl Greenberg
Tuesday, July 13, 2010
Hate the names of many condos downtown? Think you can do better? Here is your chance not only to choose the name for one of the city's premier condo towers but to win $5,000 or an iPad at the same time.
YONGE AND ESPLANADE CONDO SITE NEEDS NAMING
A trio of top builders reinventing the southeast corner of Yonge and Front Streets is about to launch a new development at the southeast corner of Yonge and The Esplanade. Cityzen Development Group, Castle Point Realty Partners and Fernbrook Homes are already working on L Tower and the renovation of the Sony Centre has begun.
Now they have turned their attention to the south side of The Esplanade. That project is set to launch in the fall. But the one crucial element it lacks is a great name. Who better to come up with that name than the people of the GTA, people who may even wind up living there?
THE RULES ARE SIMPLE
Starting July 12, anyone can go to the www.nameourcondo.com web site and register.
Step One: It is a simple matter of filling in fields that give name, street address, e-mail address and agreeing to the rules of the contest. A warning though; you have to be at least 18 to enter.
Step two: moving to the next web page and filling in a field with your suggested name and another giving a brief summary of why you think the name especially appropriate.
Step three: get all the people in your social network to vote for your name by logging onto the www.nameourcondo.com site and hitting the vote link.
On August 23 the votes will be tallied, the top 10 chosen and then a panel of judges made up of representatives from the developers and their key consultants will choose the first place winner. He or she gets $5,000 in cash and bragging rights for a lifetime while second and third place entries win new iPads.
The winners will be announced August 26 as part of the neighborhood's Buskerfest celebration.
Tuesday, June 29, 2010
Tuesday, June 22, 2010
Home invasions go up in the summer months, especially on Friday and Saturdays, when people are on vacation.
According to the Globe and Mail:
"In Canada, burglaries peak in the summer months, when people tend to go on vacation or away on the weekends. The number of break-ins increases toward the end of the week, with thieves 28-per-cent more likely to strike on a Friday than on a Sunday.
Aviva insurance claims data show a 4-per-cent increase in break-ins in June over the monthly average, followed by increases of 9 per cent and 20 per cent in July and August, respectively.
The average dollar value of the articles stolen from burglaries has increased 24 per cent to $5,560 in 2009 from $4,476 in 2002."
BuzzBuzzHome believes in the following safety precautions:
1. Don't tweet about your vacation, or cottaging adventures.
2. Don't post to Facebook your vacation / weekend pictures until you are home.
3. Don't blog about your trips, until you are safely home.
The Globe and Mail states these safety precautions:
1. Ensure all windows are locked.
2. Make your home look occupied when you’re away.
3. Install a security device with a loud alarm or flashing lights.
4. Use deadbolt locks on all doors, and when moving into a new property, have the locks changed.
5. Put your jewellery in a safety deposit box.