Richard Silver

Real Estate Category

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...

Greater Toronto REALTORS® Report January 2011 Monthly Resale Housing Market Figures

TORONTO, February 4, 2011 -- Greater Toronto REALTORS®  reported 4,337 transactions through the TorontoMLS®  system in January 2011. This result was 13 per cent lower than the record result reported in January 2010. “While off the record pace experienced a year ago, the Greater Toronto Area  resale market has started the year on a solid footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing types for sale at many different price points,” said Toronto...Continue Reading...

Toronto Real Estate:NEIGHBOURHOOD IN FOCUS: The Waterfront

You should check out the plans for the West Don Lands , Lower Don Lands  and Port Lands , what the city and province call the “New Blue Edge”  . The concepts for development are bold; with the new Regent Park , preparations for the Commonwealth Games  and what has happened on the eastern side of Queen’s Quay , there should be lots of excitement down on the waterfront in the next 10 years. Unlike the Beach or Beaches which has the charm of small-town...Continue Reading...

Greater Toronto REALTORS® Report December Resale Housing Sales

TORONTO, January 6, 2011 -- Greater Toronto REALTORS®  reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009. "Market conditions were anything but uniform in 2010. We went from super-charged sales activity during the first four months of the year, to a marked drop-off in transactions in the summer and then in the fall saw sales climb back to levels that are sustainable over the longer...Continue Reading...

Why You Should Sign a Buyer Representation Agreement!

[youtube]http://www.youtube.com/watch?v=g15BaodM6M8[/youtube] Here is a great new video released by the Toronto Real Estate Board  on why you should sign a Buyer Representation Agreement . Make sure that you are being properly represented in the transaction. Feel free to contact me and I will give you a full run down of what a REALTOR can and cannot do with or without a Buyer Representation Agreement.Continue Reading...

The Canadian Real Estate Association releases REALTOR.ca mobile application for Apple iPhone

 Just in time for Xmas! This is great news from the Canadian Real Estate Association. It is a free download from the iTunes store and also works (though is not as good) on your iPad. The best part is the GPS so it can be used on the move when you are sitting in from of a property to get the REALTOR.ca information.   Ottawa, ON – December 21, 2010 – The Canadian Real Estate Association (CREA) today released its REALTOR.ca app for...Continue Reading...

What Could Be Lurking In Your Home?

Here is yet another great information piece that all homeowners should keep close at hand to logically answer and demystify some of the "bugaboos" we hear about when buying a home. Remember knowledge is power and here is some great information from Carson Dunlop & Associates , the leaders in Home Inspection. Great stuff and again, thank you for letteing me pass this information along... What Could Be Lurking in Your House???View more documents from Richard Silver.Continue Reading...