The
Oakville freehold townhouse market was very active this September. At Right Realtor, we stay on top of the latest trends in order to help our clients make the Right housing decision.
Provided below is table that highlights the housing market activity for freehold townhomes in Oakville for September 2009:
What are the key takeaways from the infromation above:
If you are thinking about selling your townhome in Oakville, now is the time to do so. Check out our Free House Assessment Report to see what your Townhome is worth by clikcing on the icon below.
Brian Bell, MBA
Sales Representative
Email: brian@RightRealtor.ca
Phone: 905-693-9575
Toll Free: 1-877-487-5833
Fax: 905-693-0312
The Oakville condominium townhouse market was very active this September. At Right Realtor, we stay on top of the latest trends in order to help our clients make the Right housing decision.
Provided below is table that highlights the housing market activity for freehold townhomes in Oakville for September 2009:
What are the key takeaways from the infromation above:
If you are thinking about selling your townhome in Oakville, now is the time to do so. Check out our Free House Assessment Report to see what your Townhome is worth by clikcing on the icon below.
One of the best studies that is done on the market today to test the health of the housing report, is the new House Price Index developed by Teranet in partnership with National Bank.
The new House price index (www.housepriceindex.ca) was launched several months ago and what makes this index so powerful is that they do not use average price data to look at house price appreciation, but use a paired sales approach to show the sales activity for similar homes.
In July, The House Price Index showed positive signs by posting a third consecutive gain in house price appreciation. The chart below shows the information on the index for the Toronto region:
Metropolitan area Index level
| Market | July 09 index |
% change month over month |
% change year over year |
year over year from Peak | Peak Date |
| Toronto | 110 | +2.2% | -4.6% | -5.5% | Aug 08 |
| National | 124 | +1.6% | -5.1% | -5.1 | Aug 08 |
Source: Teranet, National Bank House Price Index - Sept/09
The index shows that house prices while off 5.5% from the peak in August of 2008, are now showing signs of recovery and are starting to make back some of the earlier losses. In the months of August and September, the index will show more positive signs since as a local Realtor we have seen unprecedented activity in the Oakville & GTA market.
What does this index mean for the average buyer or seller:
Now is a good time to buy or sell a home. For more information on how I can assist you, please contact me at brian@rightrealtor.ca or 905-693-9575
BRIAN BELL - MBA
Sales Representative
Realty Executives Plus Ltd., Brokerage
905-693-9575
brian@RightRealtor.ca
www.RightRealtor.ca
The introduction of the HST on July 1, 2010, will result in Ontarians paying a harmonized sales tax of 13 per cent on a long list goods and services that were previously exempt from the eight per cent provincial sales tax.
The dream of homeownership will become more expensive starting next July 1st. Every residential real estate transaction will face a significant tax increase. Home buyers and sellers can expect to pay eight per cent more on:
According to the Ontario Real Estate Association, Ontarians will pay, on average, an additional $1,449 in new taxes on their next residential real estate transaction. In addition, homeowners who are purchasing new construction homes above $ 400,000 will face pay more as a result of this new tax. To learn more about how the HST will impact you and your family, please contact visit the Ontario Ministry of Finance at http://www.rev.gov.on.ca/en/taxchange/consumers.html or contact our local MPP Kevin Flynn http://www.kevinflynn.onmpp.ca/
If you are considering buying or selling your home, I would recommend doing so in advance of this new tax. For more information on buying your home, please do not hesitate to contact me at 905-693-9575
BRIAN BELL - MBA
Sales Representative
Realty Executives Plus Ltd., Brokerage
905-693-9575
One the most common questions Insingle most question homebuyers have is
" what renovations to my home have the greatest payback for when I sell "
While this is a million dollar question, it is very easily answered thanks to the RENOVA tool developed by the Appraisal Institute of Canada.
RENOVA gives consumers a better idea of the return on investment they can expect for a variety of home improvements. The last thing that you want to do is to put too much money into renovations that you may not be able to get out of your home when you sell. Provided below are some of the returns on investment that you will realize and by improving your home that makes your home more attractive and has a better return on investment. These include:
Basement Renovation = 50 - 75% return
Bathroom Renovation -= 75% to 100%
Kitchen Renovation = 75% to 100%
Painting - Interior or Exterior = 50 to 100%
Swimming Pool = 0 - 25%
This is a really great tool that I send to my clients to help them decide on which renovations provide the best return for them. I have attached a link to the site for your reference. http://component.aicanada.ca/e/resourcecenter_renova.cfm.
For a free market assessment on your home, please contact me at 905-693-9575 or through email: brian@RightRealtor.ca
BRIAN BELL - MBA
Sales Representative
Realty Executives Plus Ltd., Brokerage
905-693-9575
At Right Realtor, it is all about you! We bring a fresh perspective to the real estate industry by helping you make the Right decision whether buying or selling a home.
Brian Bell - MBA, AMP, PMP
Brian has worked in the Real Estate industry for more than 15 years, having held a number of executive positions with Banking, Mortgage Default Insurance, Appraisal Management and Default Management. Working as a sales and marketing executive, Brian is a seasoned real estate professional who has helped many first time buyers realize their dream of home ownership.
In addition to hands on real estate experience, Brian holds a Masters of Business Administration from Wilfrid Laurier University, a Masters in Real Estate and Urban Planning from Queen's University, an Accredited Mortgage Professional and is certified as a Project Management Professional.
I look forward to helping you make the Right home buying or selling decision.
Buying a home is one of the biggest emotional and financial decisions you'll ever make, so prepare yourself to make a knowledgeable decision. At Right Realtor, we are highly experienced in dealing with first time buyers by helping you work through this process one step at a time.
In order to help you realize your dreams of homeownership, we have developed a simple eight step process to take the mystery out of homeownership and help you to realize your dreams sooner than you may think! Whether you are a first time buyer or a seasoned purchaser, our step by step process provides you with the tools and knowledge to make the Right decision.
We have outlined the Right steps you will need to take to make homeownership a reality:
Step 1 - Are you ready For Homeownership?
Step 2 - Working with the Right Realtor
Step 3 - Adding to your Professional Team
Step 4 - Determining the Right Type of Home
Step 5 - Finding the Right home
Step 6 - Presenting an Offer
Step 7 - Accepted Offer & Next Steps
Step 8 - Closing the Transaction and Moving into your dream home
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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