Jan 262014
 

As long as new home construction lags (as it has for many years even in growing areas of the GTA like Oakville), upward price pressure will continue for resale homes. Thirty years ago, according to the National Association of Realtors, people moved on average every 5 or so years. Today, that number is over 12.

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Apr 072013
 

Royal LePage expects the price increases earned thus far in 2013 to be given back by the end of year. Inventories are higher, and unti sales are not expected to be nearly as strong as in 2012. We are moving from a prolonged seller’s market into a balanced market. Advice-If you are selling, make sure your

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Mar 202013
 

The Blair Zilkey Team’s Home Owner Network 2013 Seminar Series This Quarter’s Topic-Buy & Renovate Using a Purchase Plus Mortgage Saturday, March 23, 1-3 pm Royal LePage Glen Abbey Office, Oakville 251 North Service Road W. at Dorval  We are pleased to introduce you to our Home Owner Network and invite you to participate in

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Jan 242013
 

As noted in my blog earlier this week, and as discussed at my October Business Mixer, the supply of new home builds is far exceeded by demand. Resale home prices are thus propped up by the new home shortage-especially those resale homes that have been renovated. But what of tired, poor curb appeal, non-renovated homes?

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Jan 222013
 

Us 40 and 50 somethings should get with the program. It’s often said-’Toronto can’t support so many condo developments.’ In the past I’ve kind of agreed, but no more. My response will be “There are going to more, and not just in the Core.” It is true that a very high percentage of purchasers over the

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