Happy Holidays!
Did you know we publish a monthly newsletter that you can subscribe to for FREE?
Here's what we explore in our December issue:
First, we share our Homewatch News contribution, which includes two segments this month. Read on below for a comprehensive commentary and forecast for this season in the Toronto Real Estate Market. 'Supply Misses Demand: Urbaneer’s Fall 2014 Forecast Part 1' which explores the intensity and duration of current market conditions, including significant price appreciation with freehold housing sector. We discuss connections between these conditions – bordering on phenomena – and a possible demographic shift that carries significant social and geo-physical impact for our city. Our second Homewatch segment, 'Condo Clog: Urbaneer's Fall 2014 Forecast Part 2', continues this dialogue by assessing the booming condominium market in Toronto. A surplus of completed units (and a jaw-dropping 56,000 suites under construction) as well as a (highly publicized) growing concern surrounding the quality of workmanship by corner-cutting developers, both point to unsettling vulnerabilities in the market. Continuing our efforts to share pertinent information that could help enhance your real estate savvy, our two Homewatch News segments were turned into direct mail pieces delivered to 40,000 Toronto households. It's part of our on-going marketing efforts that range from traditional print campaigns like advertising our Innovative Space ad in the Friday Globe and Mail newspaper (for over twenty years), to our social media presence on Facebook, Google+ and Twitter.
Each month we share the tale of what one of our buyers bought in our 'Home Of The Month' Feature. This month we share the story of a soon-to-be-Dad, who was on the hunt for a two-bedroom place to call home in the mid $300,000s. Quickly realizing that offerings at this price point were few and far between, had this surprised buyer hoping for an stroke of luck. Major obstacles to securing a space that satisfied all our criteria, include sky-high common fees and a lack of available above-grade units. Unimpressed by the aging condominiums in central Toronto or those in recently-gentrified Regent Park, we continued to search for condo alternatives, while keeping our eyes peeled for a diamond in the rough. Read the complete blog post to find out where urbaneer unearthed the jewel our Buyer was waiting for – and who turned out to be listing it!
In this month's 'Dear Urbaneer' post, 'Dear Urbaneer: How Should I Prepare My House For Winter?' we respond to a client who has a common, yet extremely important, seasonal question. In order to ensure their house is ready to endure (and flourish) through the cold temperatures that lie ahead, this client posed the following question: “Dear urbaneer: We derive such comfort and warmth, literally and figuratively from our home. However, wintertime brings a certain chill – both in temperature, and with the chill that runs up and down our spine when we receive our energy bills! This year, we are making it a point to be ready for winter. How can we preserve and protect our home against the elements and be energy efficient at the same time? Regards, Out in the Cold.” Once again, we mined our collective experiences as realtors and homeowners to prepare a list of suggestions to help the home (and owners) battle the elements with success. Check it out here!
Our blog entitled 'Anatomy Of A Bidding War' stems from the recent successful sale of an authentic brick and beam loft in downtown Toronto. The piece breaks down the pricing strategy that ended up attracting a whopping 25 offers, then takes you through the subsequent process step by step. If you are curious about the sticking points of the ever more common bidding war, read our informative blog here!
'Is The Toronto Real Estate Market Overvalued Or Not?' was a piece inspired by a recent torubling proclamations by the Bank of Canada Governor Stephen Poloz. He cautioned Canadians that the housing market could be over-valued anywhere from ten to thirty percent yesterday. These estimates soared far higher than The International Monetary Fund and the Canada Housing and Mortgage Corporation's more restrained positions. Ironically, it is the Bank of Canada's own policy of sustained low interest rates which are the culprit, having pushed Canadian debt levels to record heights. Read the full blog here to find out why, amidst all of the potential threats to our economy, the domestic concern is whether or not Canadians can all make their mortgage payments.
And don't miss the sensational unique urban homes listed for sale and lease for your consideration!
Click HERE to read our December newsletter, brimming with important information!
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And please remember, we are always here to help.
~ steven and the urbaneer team
We're here to earn your trust, then your business.
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