IT just feels like spring everywhere!
Well, The “Bubble” did not burst as promised by so many… Record Sales are reported again by the Toronto Real Estate board with 10,430 units sold in the whole region. This indicates a 69% increase in sales with a jump in the number of available listings to 18,900.(42%) So what does it all mean? People are still competing to buy houses but they are a little more resistant and hesitant about prices. Get The Details here.
The CBC decided that I should be interviewed on the evening News regarding the real estate market; Thank you Steven DeSousa and Eric Tang! For those counting this is the third TV interview.
We have mortgage money available from Astrum Financial at prime less 90! That means even with the interest rate increase this past week the rate would be New 5 Year Fixed/Closed Interest Rate - 3.84% (TD Rate: 4.49%) New 5 Year Variable/Closed Interest Rate - 1.65% (TD Rate: 2.10%) Astrum Financial Services maintains its industry leading 3 Year Variable/Closed Mortgage at PRIME - 90 (1.35%) This is available to my clients only. You need my access / membership number to apply online. Check current rates here
Competition Bureau says you can list for a flat fee. Ok, If you want to do everything. Here are the details and disclaimers Media loves this stuff! The Canadian Real Estate Association had this rebuttal. Click here
If you are aware of someone looking to buy or sell, please send me an email david@DavidPylyp.com with how best to reach them with their contact information. If you are considering a change, tell me about your dream home http://Bit.Ly/GetDave
HST is only a few more months away; Cheri DiNovo used the phrase Consumers do not realize how far reaching and pervasive it will be. DiNovo Video Insurance, maintenance fees, residential rents, gasoline, fuel oil for heating and many things we have not considered.
Better Strap on your seat belts!