Richard Silver

Archive for April, 2010

Toronto Real Estate: The 2010 Spring Market!!

There is lots of discussion in the Media about what is happening in the Real Estate Market today! The assumption is that the number of new listings means the "Bubble has Burst", that new mortgage rules are reducing the number of Buyers in the marketplace and that the HST is forcing people to buy before the July 1st commencement date....A lot of negatives but where is the reality? (more...)Continue Reading...

Winchester School “FUN FAIR” Saturday, May 29th, 2010

Get the Face Paint Ready! Everyone is welcome to join in the fun!  There is a dunk tank, bouncy castle, lots of games, prizes, face painting, a Giant Garage Sale, silent auction, French café, delicious Halal lunch, and so much more! Date: May 29th       Time: 11-3   Silent Auction donations Are Wecome and ALL of your gently used treasures for the garage sale. Please contact Gwen (416) 368-0129 or Pam (416) 944-9944 to arrange a drop off. Volunteers are always welcome the day of!  This is...Continue Reading...

Greater Toronto REALTORS® report Mid-April Resale Market Figures

TORONTO, April 16, 2010 – Greater Toronto REALTORS®  reported 4,601 sales through the Multiple Listing Service® (MLS®)  during the first two weeks of April. This represented a 25 per cent increase compared to the 3,681 sales recorded during the same period in 2009. New listings increased by 48 per cent annually to 9,512. “The fact that annual growth in new listings outstripped growth in sales suggests that the GTA existing home market is becoming better supplied,” said Toronto Real Estate Board  President...Continue Reading...

March 2010 Toronto Housing Market Charts

Here are the most up-to-date Housing Market Charts from the Torointo Real Estate Board. It is interesting to note the changes over the past few years: Toronto Housing Market Charts March 2010View more presentations from Richard Silver.Your thoughts are welcome below!!Continue Reading...

Greater Toronto REALTORS® report March Resale Market Figures

TORONTO, April 6, 2010 – Greater Toronto REALTORS®  reported 10,430 sales through the Multiple Listing Service®  (MLS®) in March, pushing total first quarter 2010 sales to 22,418 – the best result on record under the current Toronto Real Estate Board (TREB)  boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948. "The strong rebound in the existing home market was one of the initial drivers of economic recovery," said TREB  President Tom Lebour....Continue Reading...

April 5, 2010: “What’s happening in the Toronto Real Estate Market?”

  When people ask me what a Blog is all about and what they should write about in their Blogs, I say`Just answer the questions that your clients ask you`. It should be your FAQ`s or `Frequently Asked Questions`.  Most of the questions asked of me deal with the Toronto Real Estate Market and how one can best profit from the seasonal changes that we see in the marketplace. "What's happening in the Toronto Real Estate Market?" is the most my often-asked question so here are some...Continue Reading...

Multiple Offers: Wanting the House or Wanting to Win?

From time to time as a Buyer's Agent one has to deal with Multiple Offers. Sometimes these situations are created by the Listing Realtor and Seller intentionally underpricing the property, sometimes the timing is such that a number of Buyers are in the marketplace for similar product. Hence, multiple offers... Sometimes they are like a lottery which Buyers don't want to play however I always suggest coming to the table with your best offer. If you never play there is definitely no...Continue Reading...