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Gloria Valvasori, ASA, Streetsville Real Estate - 100% Client Service Rating

December, 2011 Real Estate Report - Toronto and the GTA

Healthy Fall Market Continues in November

SOLD FOR OCTOBER 2011

December 6, 2011 -- Greater Toronto REALTORS® reported 7,092 residential transactions through the TorontoMLS® system in November – up 11 per cent in comparison to November 2010. At the same time, the number of new listings was up by 14 per cent in comparison to last year.

“We have seen strong annual sales growth through the 2011 fall market. The increase in transactions has been broad-based, with strong growth across low-rise and high-rise home types throughout the Greater Toronto Area,” said Toronto Real Estate Board (TREB) President Richard Silver. “The market has also become better supplied, with annual new listings growth outstripping that of sales. As this trend continues into 2012, we will see more balanced market conditions.”

The average price for November transactions was $480,421, representing an increase of almost 10 per cent in comparison to $437,494 in November 2010.

"Despite strong price growth this year, the housing market remains affordable in the GTA," said Jason Mercer, TREB’s Senior Manager of Market Analysis. "The correct method of assessing affordability is to consider the share of the average household’s income that is dedicated to mortgage principal and interest, property taxes and utilities. Currently, this share remains in line with generally accepted lending guidelines. Given this positive affordability picture, average price growth is forecast to continue in 2012, albeit at a more moderate pace."

Don't Wait Until Spring ... Reasons to List your Home for Sale NOW !!

The Spring market as we all know can be a very busy time in the world of real estate. That’s when there are usually an abundance of homes for buyers to choose from, making the choice difficult at times.

It also means that there is more competition for the Seller, where pricing the home accurately is more important than ever. Having several other listings in your neighbourhood which are competing with yours, may create a situation where it could take longer than usual to sell your home. This ia also when curb appeal, and first impressions are critical. Remember, it only takes a Buyer 6 seconds to form an impression once they step over the threshold into your front door.

Sellers should consider placing their home on the market before the Spring rush as a good strategy when there are the least amount of homes on the market that could be in competition with theirs.

There are still an abundance of Buyers looking to purchase a home, making it a supply and demand situation. This supply and demand could also, in some situations, create a multiple offer situation for the Seller.

What you don’t want is a real estate agent using your home to sell the one down the street, the home that is priced more accurately, has more to offer and shows to perfection!

STREETSVILLE NEIGHBOURHOOD VALUES - RECENT SALES

The market here in Mississauga and the Greater Toronto area remains brisk. Here are the most recent sales in the Streetsville area.

Street Name Abbr List Price Type Style BR GarTyp Sold Date
Oran Crt $367,900 Semi-Detached Bungalow 3 Built-in 11/7/2011
Bow River Cres $379,850 Semi-Detached 2-Storey 3 Attached 9/30/2011
Victoria St $379,999 Semi-Detached Bungalow 2 Detach 10/24/2011
Britannia Rd $419,000 Semi-Detached 2-Storey 3 Built-in 9/1/2011
Bowshelm Crt $419,800 Detached Bungalow 3 Attached 9/27/2011
Shandwick Pl $429,900 Detached 2-Storey 3 Attached 10/21/2011
Hammond Rd $434,900 Semi-Detachd Bungalow-R 3 Built-in 9/15/2011
Wareham Dr $467,500 Detached Bungalow 3 Detached 9/27/2011
Ardsley St $469,000 Detached Sidesplit 3 Carport 10/20/2011
Mullet Dr $479,000 Detached 2-Storey 3 Built-in 9/1/2011
Britannia Rd $479,900 Detached Bungalow 3 Attached 10/6/2011
Ellesboro Dr $489,000 Detached Sidesplit 3 Built-in 9/2/2011
Ardsley St $489,900 Detached Bungalow 3 Attached 10/12/2011
Ellesboro Dr $519,700 Detached Bungalow 2 Attached 9/20/2011
Matlock Ave $519,999 Detached Bungalow-R 3 None 10/19/2011
Ellen St $534,800 Detached 2-Storey 3 Carport 11/4/2011
Alpha Mill Rd $599,900 Detached 2-Storey 5 Attached 10/24/2011
Kenninghal Blvd $609,000 Detached Bungalow 3 Detached 10/1/2011
Queen St $619,000 Detached Bungalow 3 None 10/11/2011
Ellen Dr $629,900 Detached Sidesplit 3 Attached 10/4/2011
Turney Dr $649,900 Detached 2-Storey 4 Attached 9/1/2011
Alpha Mill Rd $699,900 Detached 2-Storey 4 Attached 10/31/2011
Kenninghal Blvd $699,900 Detached 2-Storey 4 Attached 10/13/2011
Turney Dr $714,900 Detached 2-Storey 4 Attached 10/7/2011
Steen Dr $738,800 Detached 2-Storey 4 Attached 11/7/2011
Roy Dr $779,000 Detached 2-Storey 4 Attached 11/4/2011
Queen St $803,000 Detached 1 1/2 Storey 0 None 9/12/2011
Turney Dr $849,000 Detached 2-Storey 5 Built-in 10/27/2011
Hillside Dr $1,228,000 Detached 2-Storey 4 Attached 10/13/2011

REMEMBRANCE DAY (ARMISTICE - VETERANS) - LEST WE FORGET

A Day Set Aside for Those Who Made the Ultimate Sacrifice for the Freedom We All Enjoy Today.

A Woman Lays a Poppy at the Makeshift Memorial to our fallen in Afghanistan

On the 11th hour of the 11th day of the 11th month, Canadians are asked to pause in memory of the thousands of men and women who sacrificed their lives in military service. These brave men and women fought in the First World War, the Second World War, in Korea, and Afghanistan. Remembrance Day commemorates the armistice signed between the Allies of World War I and Germany at Compiegne, France. This took effect at eleven o'clock in the morning - the "eleventh hour of the eleventh day of the eleventh month" of 1918.

Why the Poppy to Commemorate this Day?

This dates back to the Napoleanic wars, when a writer saw a field of poppies growing over the graves of fallen soldiers. Canadian Lt.-Col. John McCrae was inspired to write the poem, In Flanders Fields, during the Battle of Ypres in 1915, on sighting the poppies growing beside the grave of a close friend who had died in battle.
The poem was a great inspiration in adopting the poppy as the Flower of Remembrance in Canada, France, the U.S., Britain and the Commonwealth countries. They were first distributed in 1921. The proceeds from the sale of the millions of poppies are an important source of revenue that goes toward helping ex-servicemen and women to help them buy food, obtain shelter, and medical attention. Wear it proudly!
In Flanders Fields By: Lieutenant Colonel John McCrae, MD (1872-1918) Canadian Army
In Flanders Fields the poppies blow
Between the crosses row on row
That mark our place, and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.
We are the dead. Short days ago
We lived, felt dawn, saw sunset glow
Loved and were loved, and now we lie
In Flanders Fields.
Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders Fields.
Two minutes before the armistice went into effect, Pt. George Lawrence Price was felled by a bullet at 10:58 a.m. and would become the final Commonwealth soldier, and the last of more than 66,000 Canadian to be killed in the First World War.Between the declaration of the Second World War in September, 1938 and the end of the war in 1945, Canadians fought in Dieppe, Normandy, the North Atlantic, Hong Kong, during the liberation of Italy, and in many other sea and land battles. More than one million men and women from Canada and Newfoundland (the province was till a colony of Britain at that time) served in the army, air force, and navy. More than 47,000 did not come home.
WW II - Gravemarker at Vimy ridge

Our Canadian troops made extreme sacrifice and played a critical role in the D-Day invasion of 1944 at the Battle of Normady, which was a major turning point. More than 5,000 were killed in the invasion of France. Our Canadian army also played a significant role in the liberation of the Netherlands, ending in 1945. We forged a strong friendship between the two countries that lasts to this day.

In the Korean War 26,792 Canadians served between 1950 and 1953 at the battles of Hill 355 and Hill 187. They fought under horrific conditions fighting in swamps, through torrential rain and snow, in rice fields,and both in the air and at sea.

Our brave men and women continue to serve our country and Canada has increased its military involvement in Afghanistan since the Taliban regime fell in 2001.

So On November 11th, at the 11th hour, please... stop your busy lives and take a moment to reflect and remember those who sacrificed their lives, Canadian, American, and from all over the world in these horrendous wars. They made the ultimate sacrifice for us... for the very freedom we all enjoy today.

Buy a poppy.. and wear it proudly!

POWER OF SALE PROPERTIES - THINGS YOU SHOULD KNOW

POWER OF SALE PROPERTIES - THINGS YOU SHOULD KNOW

Many people are under the misconception that power of sale properties are a "great deal." This is not necessarily the case. Please view my video for information you should be aware of to make an informed decision.