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Home Improvements & Your Best Return On Investments

Posted on Jun 09, 2020



HOME IMPROVEMENTS AND YOUR BEST RETURN ON INVESTMENT


Home improvement projects, renovations, and regular maintenance are necessary investments that will increase the value of your property and home, and spending a few thousand dollars to improve your property will make prospective buyers willing to pay more for the house.

Some renovation projects ha...

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Market Update & Property Tax Deferral

Posted on Apr 28, 2020

Even during this time, I am constantly being asked about the market.  So I thought I would throw a few graphs out there representing approximately 50% of the brokerages in the GTA. These graphs are indicating quantities and not sale prices. 
Home sellers, on average this past week, sold at 96% of asking price. Although the amount of time to sell has...

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What Happens When... 

Posted on Nov 18, 2019

What happens when real estate deals cannot close on time?


In Ontario, real estate deals are supposed to close by 5:00 pm, since that is when the government registration system shuts down. By 5:00 pm, the buyer lawyer is supposed to have sent the required paperwork and money to the seller lawyer trust account and the seller lawyer must send the requi...

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One in Five Homes

Posted on Nov 12, 2019

One in five homes purchased by Canadian newcomers

• Canadian newcomers projected to make 680,000 home purchases over next five years
• 82% of newcomers choose to stay in their first city of residence
• 75% of newcomers arrive with savings to help purchase a home
• 75% of newcomers do not consider moving to the United States prior to arriving in Canada...

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Trudeau's Homebuyer Plan

Posted on Sep 03, 2019

Trudeau’s Homebuyer Plan Offers Little Solace in Canada’s Pricey Markets


Canadian Prime Minister Justin Trudeau wants to make housing more affordable for first-time buyers. His efforts may be of little help to people in the country’s priciest cities.
The national housing agency aims to spend up to C$1.25 billion ($940 million) over three years subsid...

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What Housing Bubble

Posted on Aug 13, 2019


Is there a real estate bubble?  Toronto realtor Scott Shallow doesn’t believe it—at least not for the Toronto real estate market.

“In 2003 we started hearing about a bubble in Toronto. Major bank economists were calling for this bubble all through the 2000s and that has now completely flipped to the other side, with them saying that Toronto is just g...

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Get In Touch

Kirsten Pedersen

Town or Country Real Estate

Mobile: 905-691-7470

kp@agentkp.ca