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Expired Listings.

Wednesday Jan 10th, 2018

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That has to be the most disappointing thing that can happen to a seller in today's real estate market. I feel for those sellers. It didn't have to happen.  Most people that follow the real estate market don't really notice that a listing has expired and the house is no longer for sale. Why would they, everthing sells in todays market right?   All along the way with some small adjustments here and there and it likely would not have happened. They ask... [read more]

Real Estate Prices - Up or Down?

Monday Dec 4th, 2017

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Everyday I talk with current homeowners, interested buyers and sellers. The number one question is "Are prices going to go up or down in 2018", well if you know someone that can guarantee the answer to that please have that person contact me, I would love to hear how they can quarantee that.  Check out this chart Prices from 1971 to 2016 Here is a list of questions that I think most would be real estate buyers and sellers run over and over again in their head,... [read more]

How accurate are averages?

Friday Dec 1st, 2017

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Averages can be a little bit misleading, the median sale price is important. One low or high price sale can skew the numbers. Here are the October and November detached sales for Erin Mills and Clarkson, both great neighbourhoods in Mississauga.  Erin Mills October Sales 22 sales, average price $953,873.00, median price $847,500.00. Low sale $675,000.00. High sale $1,400,000.00. Erin Mills November Sales 19 sales, average price $1,028,289.00, median price $888,000.00. Low... [read more]

The Heat is On.

Sunday Nov 19th, 2017

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Hello; Was out showing houses this afternoon in Mississauga.  On the way home it started to snow just a tiny bit. It didn't last for long. The Santa Clause parade was today. There are some great deals out there for Christmas shoppers ( at least it looks like it). The number of houses sold has been declining - the price of houses is still increasing. For stats on specifice areas, just shoot me an email, and I will get the information to you. Sellers at this time... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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