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10/30/09
I had three clients buy properties this week – two homes in Forest Hill and one at Yonge and St. Clair – all in the $1.2 - $1.5 million range.
One of the buyers, a couple, were downsizing from their three-storey Tudor house ($2.3 million) to a two-storey, four-bedroom home ($1.4 million).
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10/29/09
Here's our weekly roundup of all the open houses in Post neighbourhoods this weekend (Oct. 30- Nov. 1).
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10/26/09
The real estate market may have stabilized, and could even be recovering, but we have not entered a new era of ‘sure-thing,’ across the board price increases. Strategy and knowledge is still important so here are a few buying tips.
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10/23/09
I have two offers ready to submit -- one on a home in Forest Hill and the other in the Bathurst and Wilson area. Both with a price tag around $1 million.
The catch is that both of the buyers want to make an offer with a condition that they are able to sell their current home first.
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10/22/09
Looking for a house?
Here's our weekly roundup of all the open houses in Post neighbourhoods this weekend (Oct. 23-25).
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10/21/09
Mayor David Miller helped break ground this morning to kick off the redevelopment of the Sony Centre for the Performing Arts, which will include the new L Tower condominiums. The building will rise 57 storeys above Yonge and Front Streets and will include nearly 500 suites.
Penthouses will go for between $950,000 to $2.5 million. Tower suites from $589,900.
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10/19/09
The world is relying far too much on media articles and pundits for their economic wisdom and insights. A recent article in The New York Times on the "boom" in Toronto commercial real estate is a case in point.
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10/16/09
This week, I’ve been debating taking on a client who bought her house in what I suspect was a bidding war (with another agent) and now wants to sell. She paid too high initially -- over $1 million -- and has since added improvements. Now, the price she wants to list at is too high.
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10/15/09
Looking for a house? Here's our weekly roundup of all the open houses in Post neighbourhoods this weekend (Oct. 16-18).
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10/12/09
Last week, I shared three real estate investment mistakes. This week, I'm sharing four more blunders that investors often make, including going to too many seminars.
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10/08/09
This week my team and I participated in three bidding war situations. In the first scenario we represented the buyer and were up against nine other offers. In the second scenario, we represented the buyer and were up against two other offers. In the third instance, we represented the owner of two properties that were available for lease.
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10/07/09
There's no denying it -- Toronto's resale housing market is hot right now. But, as the old saying goes, what goes up must come down. At least that's what real estate commentator and former MP Garth Turner has been trying to tell people.
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10/05/09
Successful real estate investing is about acquiring a portfolio of properties that have long-term upside potential and can generate a reasonable carrying income. It is not about finding an incredible, once-in-a-lifetime deal resulting in instant profits.
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