Re/Max Hallmark, ltd., Brokerage
2237 Queen St E
Toronto, ON, M1E 1G1
Phone: 416 699 9292
Direct: cell: 416 566 6050
homes@GreatTorontoHomes.com
www.GreatTorontoHomes.com
Happy Holidays to All:
Prices and sales fell in again in the first 2 weeks of
December across the GTA. The number of houses on the market also
rose. The trend of a buyers' market is more pronounced.
The Bank of Canada cut rates and is expected to cut
again, making mortgages cheaper. If you're a first time buyer or
planning to move up market, this is a good time to start
looking for those bargains.
Sellers, who aren't re-purchasing, can lessen losses by making sure
your home is in top condition. Move-in condition homes are selling
quicker and are holding prices better. Another alternative could be avendor
take-back mortgage.
For a more in-depth
analysis of the
real estate market have a look at our main article and our website.
For more tips on buying and selling, see our website,www.GreatTorontoHomes.com.
Semone and Jim Duerr |
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