Thursday, August 11, 2011

'For Sale By Owner' founder sells his home... using a real estate broker


The founder of a website helping people to sell their own homes has found a buyer for his own apartment – with the help of a traditional real estate broker.

ForSaleByOwner.com creator Colby Sambrotto even paid the standard 6% commission after selling his two-bedroom New York condo for $2.15 million.


Read more: http://www.dailymail.co.uk/news/article-2022112/For-Sale-By-Owner-founder-sells-home--using-real-estate-broker.html#ixzz1UlSffMsD

Saturday, July 9, 2011

TorontoMLS® Sales and Average Price Up in June!!


July 6, 2011 --
“The strong June result capped off an interesting first half of 2011,” said Toronto Real Estate Board President Richard Silver. “The pace of sales was a bit sluggish at the beginning of the year, but rebounded in May and June. Because of the positive affordability picture, home buyers remained
confident in their ability to purchase and pay for a home over the long term.”
Click here for more info from TREB (PDF)

Saturday, June 4, 2011

GTA Sales and Price increase for May 2011

June 3, 2011 -- Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076, was down 15 per cent compared to last year. Click Here For More Info from TREB!

Tuesday, May 17, 2011

Tight Market Results in Strong Price Growth in April

May 4, 2011 -- Greater Toronto REALTORS® reported 9,041 existing home
sales through the TorontoMLS® system in April 2011. This result was down 17 per
cent compared April 2010 when sales spiked to a new record of 10,898. While off
last year's record result, April 2011 sales were in line with the average April
sales level reported over the previous five years.....

Friday, March 4, 2011

Strengthening Economic Recovery and Low Interest Rates Point to a Stronger Than Anticipated 2011 for Housing Market


Prospect of rising mortgage rates may prompt heightened buyer activity early in
the year, according to Royal LePage forecast...

Four key factors that drive the real estate market


Joseph Nguyen
Investopedia.com — Published Globe and Mail

However, the cyclicality of the economy can have varying effects on different types of real estate....

Read More

Tuesday, March 1, 2011

Canada's Growth Tops Forecast


Jeremy Torobin and Tavia Grant
Ottawa andToronto — From Tuesday's Globe and Mail

Gross domestic product grew at an annualized 3.3-per-cent rate in the fourth quarter of 2010, Statistics Canada said Monday...
Read More...