Strong Real Estate Sales Increases Continue in August in Mississauga, Brampton and Greater Toronto Area In August 2009, Greater Toronto REALTORS® reported 8,035 sales, up 27% per cent from August 2008. The average price for August transactions was $387,921 - up by six per cent compared to the same month last year. "The increase in demand for existing homes has been widespread across different housing types and price ranges," said TREB President Tom Lebour. "This suggests many categories of home buyers have chosen to make a long-term investment in housing, from first-time buyers to move-up buyers or buyers who are seeking a lifestyle change."  To see the detailed report, please visit my blog at http://www.aceteamrealty.com/blog.asp 09/08/2009

Since I originated from a Finance and Business background in the mid 80's, yeah that long ago, I have been using what was called Lotus 123. I used lotus for years and then strangely it just became Excell. For the benefit of my prospects and normal business when buying I will often create this worksheet as an investment summary or answer income to qualify questions. Human nature seems to think in Monthly dollars amounts and not the grand totals. Scribed There are a number of variables here. Interest Rate is calculated by the posted rate weekly, Land Transfer Taxes are variable based on where you purchase. Land Transfer Calculation Link Do you qualify for a Land Transfer Tax exemption or rebate I usually take from here. I can prepare one for you rather easily on my laptop and send it alon... 09/02/2009

Prestigious Homes in Lorne ParkPrestigious Lorne Park homes for sale and Mississauga Real Estate continue to outperform Toronto Real Estate. The enclave neighbourhood of Watercolours in Lorne Park will continue to draw Buyer prospects from upscale employment fields which include doctors, lawyers, and engineers.Elegant Lorne Park homes were the hottest on the housing market in the GTA during the first half of this year, according to RE/MAX Ontario-Atlantic Canada.David Ferrari, owner of RE/MAX Realty Enterprises, Inc., stated "The prices of homes in Lorne Park versus Toronto is significant. You can get a much larger, upscale home in lorne Park than in the Toronto area and a lot more property."The prestigious neighbourhood of Lorne Park offers easy access to GO services, a great small tow... 09/01/2009

So many people see real estate as easy as any monkey filling out a real estate form; pounding a sign in your front lawn and then collecting that huge real estate commission. Lets touch on a few of these myths. I need to prepare for your listing appointment by being armed with neighbourhood data sold, statistical information, inspected a number of homes in your neighbourhood (Over the last several months) How many homes have sold in your "pocket" recently. Pull your history and Ownership details from Realnet and the Polaris system. The Listing Presentation itself and all your questions. Create your marketing plan and future events calender. Implement the marketing plan, load listing details, take photo's, add descriptions, distribute your information to websites, advertise on line, creat... 08/26/2009

This good size family home is located at 2158 Robin Drive in Sherwood Forest of Mississauga. Notice the large mature pie shaped lot. The main floor family room and main floor office are completely finished. The basement has an extra bath, sauna, two bedrooms, a recreation room with a fireplace, a cold cellar and extra storage, and a cedar closet. The home is over 3000 Sq.Ft. A much requested entrance to the garage from the basement. A beautiful interlocking driveway.For more information on this home: W1689089Also offered with this home are the fridge, stove, dishwasher, electric light fixtures, broadloom where laid, central air conditioning, window coverings. and an intercom. Contact Betty Bartusevicius for your own private viewing of this property at905 828 3434 or directly at 416 427 ... 08/25/2009

TORONTO, August 18, 2009 - In the first two weeks of August, Greater Toronto REALTORS® reported 3,832 sales - up 27 per cent compared to the first two weeks of August 2008. The average price for these transactions was up three per cent year-over-year to $383,796. Real more details on my blog at www.AceTeamRealty.com/blog    08/20/2009

If you've ever considered moving to Mississauga or buying real estate in Mississauga you can be confident in Mississauga's global appeal.Mississauga Real Estate is a particular attraction being that Mississauga is in fact Canada's sixth largest city and one of Canada's fastest growing hubs. Mississauga's approximate 695,000 residents were born from Mississauga's formation in 1974 and now represent a diverse culture from around the world.With 50 of Canada's Fortune 500 offices located in Mississauga, it's a popular choice for commercial and business activity. With approximately 18,000 businesses operating in Mississauga, the chances of owning a home here and working close to home are fairly good.Whether a resident or a visitor, everyone enjoys Mississauga's quaint historic villages, it's... 08/18/2009

To know where you want to go you must understand where you are, so that you can plan your journey. If there is no planning we are often dissatisfied with the results. In Real Estate that means you will be unhappy with what you bought, because you did not answer the basic questions. Where do you want to live and why? Lets recap: The Sky has Fallen, The Sky is Falling, The Bubble will Burst, The Bubble has burst, The recession is coming, the recession is over. The World will end with the Mayan Calendar on December 12, 2012. The problem with all of these predictions is just that. They are predictions. Lets look at actual facts. Inventory; Available Today (mid August 2009) between $220,000 and $280,000 in Downtown Toronto in MLS Districts C01 or C08 that own/ have one parking; 15 Lets strik... 08/17/2009

The Little Garden on Mississauga Road (Part 2)   By Brian Madigan LL.B.As of today's date this little garden still has a "death sentence".However, I do recall at one point having to check the traffic count in the vicinity for a client.The traffic passing by on a daily basis was in excess of 11,000 vehicles and that was years ago. It was not sufficient for commercial businesses, but it is a relatively busy residential street.Mississauga Road is a long, winding, picturesque street following along one of the native trails on the south side of the Credit River. It goes nowhere fast. Anyone in a hurry will choose another route. This is the choice route for those who enjoy the scenery. And, this little garden was part of that scenery for the last 30 years.Nothing has changed much over the pas... 08/10/2009

Local Improvement Rates and the Deteriorating Concrete Fence   By Brian Madigan LL.B.This concrete fence is simply falling apart. The problem is that it was originally constructed upon private property.Without a local homeowners association, without a condominium association, without any kind or organized local citizens group, this problem simply went unresolved for many years.So, without a specific call to action how can this matter be resolved.Let's consider "local improvement rates". These are assessments, just like taxes for a few specific property owners. Assuming that there are 30 homeowners who will benefit then the cost is apportioned appropriately among all 30 owners.Now, the simple solution would be to have all 30 property owners pay in full upfront. The entire capital cost is... 08/10/2009

Noise Barrier ~ Deteriorating Concrete Fence   By Brian Madigan LL.B.Have a look at this fence. It's falling apart. But, who has to fix it?Twenty five years ago, it wasn't really a problem, but it is now. The fence is made of concrete and it's falling apart and could injure someone.So, what's the problem?Let's go back in history. A small builder has some lots backing onto a major arterial road. He wants to secure building permits. The City and the Region say that there should be a noise barrier along the roadway to soften the noise from the traffic. The little wrinkle is that they don't have the money or don't want to raise the money for the fence.The small builder then takes it upon himself to construct the fence. He contracts with a fence company and authorizes the construction to tak... 08/10/2009

TORONTO, August 6, 2009 - In July 2009, Greater Toronto REALTORS® reported a record 9,967 sales, up 28 per cent from July 2008. The average price for July transactions was $395,414 - up by six per cent compared to the same month last year.  "Households confident in their positioning within the current economic environment have taken advantage of housing affordability in the GTA," said TREB President Tom Lebour. "The real estate sector has been one of the sectors making a positive contribution to economic growth in the GTA, not to mention Ontario and Canada more broadly." Year-to-date sales, at 50,632 are down 1.2 per cent compared to the first seven months of 2008. Average price, at $385,808 is down by less than one-half of one per cent. "The steep drop-off in sales experienced at the ... 08/06/2009

3 Days on the Market, 2 Offers, #10 Cherrytree Drive in Brampton Sold Conditional It was last Friday I listed this beautiful Condo town house  located at 10 Cherrytree Drive in Brampton, we got 2 offers registered on Sunday and by Monday we had this property Sold Conditional. My compliments to the owners who had kept this property very clean. A combination of further de-cluttering, staging of the house and right pricing got this house sold in 3 days. If you are thinking of selling your property quickly and take advantage of my great marketing plan, call me now for FREE HOME EVALUATION or visit www.MyGTAHomeValue.com for online Evaluation. Manoj Kumar Arora, Broker of Record www.AceTeamRealty.com Find your dream home at www.FindMyGTAHome.com     08/06/2009

Its Happening Here in Toronto area ! The market is up on all the fronts ! Beach Houses - 3.79%, Gta homes - 2% and even 6.45 percent in ... Sun Shines Brightest on Beach Homes thats what the article in Toronto Star says. CN Tower 07/29/2009

The market is really hot in Missisauga area atleast. Its was not  the yestereday only when we were in multiple offer situaton. Its been on almost every offer I made on behalf of my client in the last one month ! This time it was a beautiful Freehold Townhouse in central Mississauga and not far away from heartland area. We were above the asking price  by $7K with no conditions and still couldn't get thru'. This is what happens in the Hot Market ! 07/29/2009

Two Swedes expecting the golden beaches of the Italian island of Capri got a shock when tourist officials told them they were 650 km (400 miles) off course in the northern town of Carpi, after mistyping the name in their GPS. Think twice before you key in any street name or address. Its a vital tool for Realtors and does save lot of time in planning trips. Capri Read More at: http://www.reuters.com/article/oddlyEnoughNews/idUSTRE56R2LJ20090728 07/29/2009

yes....13 offers were registered till yesterday on a power of sale property in Mississauga which has been on the market for 3 days. Is it the price of the house or the Power of Sale attraction or what? Real Estate market specially in Mississauga has been very active in the last little while. The properties which were not selling a few months ago, are going within 7-10 days with multiple offers. If you have been thinking of selling your home, now is the time to get in and take advantage of this renewed buyer's frenzy. If you want to know the market value of your Mississauga Home, please visit at MyGTAHomeValue.com for a complimentary Market Analysis of your property value. If you are a buyer and still sitting on the fence, now is the time to get into the action, there are still some grea... 07/28/2009

...... says Mark Carney, Governor of the Bank of Canada. Mr. Carney addressed a press conference following the release of the Monetary Policy Report this morning. As per Governor: The Bank has long expected that economic growth in Canada would resume in the second half of this year and pick up in 2010. Indeed, growth in Canada should resume this quarter. The dynamics of the recovery projected in today's MPR are broadly consistent with the Bank's medium-term outlook in April. Read the complete Report at Bank of Canada Website at: http://www.bank-banque-canada.ca/en/speeches/2009/state09-6.html 07/23/2009

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010 The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. The global economy has suffered an intense, synchronous recession and considerable excess supply has opened up. There are now increasing signs that economic activity has begun to expand in many countries in response to monetary and fiscal policy stimulus and measures to stabilize the global financial system. However, the recovery is nascent. Effective and resolute policy implementation remains critical to sustained global growth. ... 07/22/2009

TORONTO, July 20, 2009 - In the first two weeks of July, Greater Toronto REALTORS® reported 4,437 sales up 27 per cent compared to the first two weeks of July 2008. The average price for these transactions was up four per cent year-over-year to $394,750. "The resurgence in home ownership demand experienced in the spring has continued into the summer. Home buyers continued to take advantage affordable market conditions in the first half of July," said TREB President Tom Lebour. "If the mid-month results carry forward, we may see the best July on record." Read the complete report on my website blog at http://www.aceteamrealty.com/Blog 07/20/2009