Richard Silver

Archive for March, 2011

Toronto Real Estate: What smells?

Years as a Realtor gives you a really sensitive nose. The other day I was showing an apartment, walked in and was amazed that the condominium had been brought to the market smelling of smoke. My clients noticed it right away and were concerned that to get rid of the odor would require new carpet, new paint and there would be no guarantee that those options would be successful. When the listing agent called to ask my client's reaction to the...Continue Reading...

Toronto Real Estate: Spring Market 2011

It happens every year and this January, February and March are no different. It has been incredibly busy with a real shortage of Central Toronto listings. We have seen multiple offers galore as Buyers compete and most house-proud Sellers wait till April-May to put their houses on the market. Of course, Realtors who encourage their Sellers to list during this really busy period are looked on as being self-serving. However, when you look at the yearly stats in Central Toronto you will...Continue Reading...

Toronto Area REALTORS Market Watch: Economic and Commercial Update February 2011 from Jason Mercer.

The Toronto Real Estate Board's Jason Mercer has some long-awaited "good news' about the economy in the City and the Commercial Real Estate Market in Toronto. Tune in monthly and I will be publishing these videos from the Toronto Real Estate Board. [youtube]http://www.youtube.com/watch?v=epmOwjzwUGY[/youtube] Nice to have some positive news and hopefully increased jobs!Continue Reading...

Toronto Area REALTORS® Report Monthly Resale Housing Market Figures for February

TORONTO, March 3, 2011 -- Greater Toronto REALTORS® reported 6,266 transactions through the TorontoMLS® system in February 2011. This result was 14 per cent lower than the record sales reported in February 2010. While not representing a record, February 2011 sales were 50 per cent higher than the number reported in February 2009 during the recession and slightly higher than the average February sales over the previous ten years. “Continued improvement in the GTA economy, including growth in jobs and incomes and...Continue Reading...

TORONTO NEIGHBOURHOOD IN FOCUS: DON MILLS

For both implants like me and born-and-bred denizens of Toronto, the new Shops at Don Mills  must be like déjà vu repeating itself. If you haven’t visited yet, go spend a few hours enjoying the high-end stores, restaurants, outdoor music, outdoor skating rinks, fountains and distinctly US shopping experience.  The detailed history that appears on the website is really amazing. In the early ’50s, industrialist E.P. Taylor  decided to build a town, a planned community, on 200 acres in what is...Continue Reading...