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JODI & BRUNO CALDARELLI MOVING YOU IN THE RIGHT DIRECTIONPresident’s Gold & Top Team Award Winners | Jodi: (647) 402-SOLD (7653)
jodisellshomes@rogers.com
Bruno: (416) 618-1220
bcal@rogers.com
www.jodiandbruno.com |
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This Page Find:
Power of Sales
Safety Tips
Bank Rates
School Locator
Home Evaluations
Market Watch (Please scroll down)
Property Tax Rates for Major Cities around the GTA
Information on the NEW Land Transfer Tax for Toronto
Usefull tips on Purchasing, Selling, Landlord/Tenant and other topics of interest
Other Income that you can use to qualify for a mortgage. Jodi and Bruno Caldarelli's Biography Jodi and Bruno Caldarelli of Royal LePage Realty Centre, are your source for real estate information for Mississauga, Brampton, Oakville, Milton, and the GTA.
Bruno is a licensed Real Estate and Mortgage Broker, and Jodi continues to utilize her talents as an Interior Decorator and Real Estate Salesperson.
They have established their careers in helping their client’s with all their real estate needs from residential, commercial to industrial sales, leasing, and purchasing for investment.
With their combined skills, sales background, and outstanding negotiations skills, their clients will continue to be well taken care of.
They are well respected by their peers and have developed invaluable working relationships with other professionals in the industry such as: mortgage brokers, lawyers, home inspectors, movers, and contractors. To accommodate everyone's budget, they offer various commission packages. Jodi and Bruno create trustworthy relationships with their clients, based on solid advice, honesty & professional service. They are committed to giving back to the community and participate in annual fundraisers for local charities such as Hazel's Hope and the Unitied Way.
Browse their easy to use website for updated information on market conditions, and tips for purchasing, selling or preparing your home for the market.
Jodi and Bruno are the team that works with you
MOVING YOU IN THE RIGHT DIRECTION!
Welcome...
Jodi and Bruno Caldarelli of ROYAL LEPAGE Realty Centre welcome you to our web site,
your source for information for Mississauga, Brampton, Oakville, Milton, and the GTA.
We are your Mississauga Real Estate Agents providing you a one stop shop to help you purchase a home for sale in Mississauga. We help service all of Mississauga from Churchill Meadows, Streetsville, Erin Mills, Square One, Meadowvale, all of Oakville, Brampton including Fletcher's Creek, Springdale, Professor's Lake, Milton, and more!
In today's competitive real estate market, timing is everything. Many good homes
are sold before they are ever advertised. Beat other home buyers to the hottest new homes for sale with our New Listings Notification
(Be sure to give us as much information as you can about the home that you are looking for. Please include location, style, size of home, price range).
We can help you to review your needs to assist you in purchasing an Investment Property. Jodi and Bruno will gladly explain the process of purchasing your next home, regardless if this is your first home or one of many. To learn more about: (Just click on the topic of interest!)
PURCHASING/INVESTMENT TOPICS:
SELLING TOPICS: NEW ONTARIO GOVERNMENT PROGRAM FOR FIRST TIME BUYER'S/RENTER'S
TOPICS OF INTEREST:
HOW JODI and BRUNO WILL MARKET YOUR HOME
Did you know that over 80% of all buyers in Canada use the internet to search for a home? This figure should not be of a surprise to you. If you have thought about listing your home for sale and you want to maximize your exposure on the internet to all prospective buyers who are searching for a home in Mississauga, would you need our website.
Let us show you where we advertise our listings!
We will walk you through each step of purchasing a home; from helping you Locate a Home, show you the home, pointing out all the features, evaluating home sales in the area to help educate you on prices, explain the "Offer Process" and what is involved. We will explain the importance of speaking to one of our mortgage brokers, to get pre-approved for a mortgage.
We will also review the importance of a Home Inspection to help protect you from any hidden structural defects that the home may have. Finally we will also explain typical Closing Costs when you are purchasing a home.
If you are considering a move, please give us a call for a hassle free, COMPLIMENTARY, Home Evaluation. Our goal is to get you top dollar for your home or property with the minimum amount of inconvenience. Jodi and Bruno always negotiate in the best interests of their clients. We will be happy to review our Marketing Plan with you. Whether you are buying or selling a home, we invite you to contact us and we would be happy to assist you with this important transaction. We are your RELOCATION TEAM, whether you are relocating across the street, another province or even the USA, we can help with all aspects of purchasing or selling. We have an extensive team of Mortgage Brokers, Home Inspectors, Lawyers, Moving companies standing by to make your next move easy and stress free. Come and visit our 13,000 square foot, award winning, and state of the art office at: 2150 Hurontario Street, Mississauga, Ontario. (On Hurontario, just north of the QEW). Our phone number is: (905) 279-8300. Our fax number is: (905) 279-5344
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If you would like to receive a COMPLIMENTARY HOME EVALUATION;
Please complete and submit the following Online Home Evaluation form. The more information
given, the more accurate the evaluation. Please ensure that we know the age of your home,
the square footage, type of home (detached, semi, link, condo, condo townhome, etc. Please
let us know if you have 9ft ceilings, a finished basement, the approximate amount that you pay
for property taxes.
All information you provide is secure and will be kept strictly confidential.
To provide a more detailed Comparative Market Analysis, we would be more than happy to drop
by and view your home in person. We look forward in hearing from you.
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January 2009-Mid-Month January GTA Housing Resales at 888 Toronto, January 19, 2009- Greater Toronto REALTORS® reported 888 sales during the first half of January compared to 1,776 in the first 15 days of 2008. “According to Statistics Canada the economic situation throughout Canada changed noticeably over the past year with job losses in the fourth quarter of 2008. Toronto is not immune to this, the GTA housing market has been impacted,” according to TREB President Maureen O’Neill. The average GTA price mid-way through January is $332,495 from $367,574 during the same period in 2008. The median GTA price was $301,000 compared to 316,000 last year. “While sales have declined, listings have remained high. GTA home buyers have benefitted from more choice,” explained Ms. O’Neill. “Historically, increased choice in the marketplace has equated to a moderation in price growth.” In January 2009, stronger declines in sales and prices were experienced in the City of Toronto. “Sales for January a year ago may have been elevated by the flurry of transactions completed before the city’s land transfer tax went
into effect,” added Ms. O’Neill. "The costs of home ownership in the 416 has increased due to the added land transfer tax many home buyers now face in the City of Toronto. Some households considering the purchase of a home in the city have either put their decision on hold or looked elsewhere in the GTA"
October 2008 - Prices are down about 3% and sales volumes is down about 6% comparing year over year figures.
TREB is stating that the GTA Resale Housing Price and Sales were measured in September.
On October 3, 2008 - TREB Members reported 6,424 sales of single family dwellings in September, which is down about 6% from the 6,866 sales recorded during September of last year, Toronto Real Estate Board President Maureen O'Neill announced today However, the 6,424 sales reported for September 2008 is down just 3% from the 6,622 figure that was recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.
Breaking down the total, 2,539 sales were reported in TREB’s 28 West districts and averaged $352,249; 1,067 sales were reported in the 14 Central districts and averaged $464,397; 1,220 sales were reported in the 23 North districts and averaged $407,424; and 1,598 sales were reported in TREB’s 21 East districts and averaged $300,772. The overall transaction figure for September takes into consideration significant regional differences. Within the City of Toronto sales registered 2,546, down 11 per cent from the 2,854 figure recorded in September of 2007 but down 5% from the 2,680 recorded during the same month in 2006. In the 905 suburbs, the 3,878 sales that went through Toronto MLS were 3% from last year's 4,012 sales, and down 2% over the 2006 total of 3,942 sales. With the average number of days on market increasing to 36 days from to 31 days a year ago, it is taking slightly longer for homeowners to achieve a sale. “Even with respect to sales activity, each month we continue to see a handful of neighborhoods reporting increases compared to a year ago.” In Scarborough East (E08) transactions increased 22% compared to September 2007 based on strong sales of all housing types. Streetsville (W19) saw an 11% sales increase due primarily to strong detached home sales. In Newmarket (N07) transactions increased 11% compared to a year ago, driven mainly by strong condominium townhouse sales. “Given that these are trying times for the world economy, in context, the Greater Toronto Area resale housing market continues to fare quite well,” said Ms. O’Neill. “From a long-term perspective, buying a home remains a sound financial decision.”
September 2008- The Greater Toronto Area’s autumn resale housing market began with moderate activity, Toronto Real Estate Board President Maureen O’Neill announced today. In the 905 Region, there were 1,728 sales, down 11 per cent from the first half of September 2007, when 1,939 transactions were recorded and within four per cent of the 1,795 sales recorded during the same timeframe in 2006. However, activity increased eight per cent during the first two weeks of September 2007 as compared to 2006. In the 905 Region, the average price is $354,395; an increase of one per cent from $350,698 recorded a year ago and up seven per cent from $330,005 recorded in the first half of September 2006. “The fact that prices have held firm despite moderate activity shows that consumers regard real estate as a sound investment,” said Ms. O’Neill. The percentage of asking price that Sellers receive for their homes has also remained consistent. The list to sale price ratio is 98 per cent, as it was a year ago.
“We remain concerned about the Land Transfer Tax in the City of Toronto,” said Ms. O’Neill. “Although the market is not as robust as it was a year ago, homeowners are continuing to see strong returns on their investment,” said Ms. O’Neill. “On average, Sellers are achieving 97 per cent of their asking price. Overall, GTA prices declined 3% from their year-ago levels to an average of $368,549 from the September 2007 figure of $380,132. As with sales, the GTA's regions fared quite differently on average price during the month. The average within The City of Toronto, at $393,647, fell 6% from September 2007's $420,182 but increased 6% from the $371,682 recorded in the same month of 2006. Meanwhile prices in the 905 districts, at $352,071, rose marginally from the $351,641 recorded in 2007, and was up 5% from 2006 September figure of $333,818. Prices meanwhile, increased compared to the same timeframe last year. The current average price in the GTA is $373,844, up five per cent from the mid-August 2007 figure of $354,088. In the City of Toronto the average price is currently $394,563, up seven per cent from the $370,037 figure recorded a year ago. In the 905 Region the average price is $360,325, up five per cent from the $343,210 recorded at mid-August 2007. Streetsville (W19) saw eight per cent more transactions driven by a significant increase in the sale of attached row houses. |
August 2008-
In the 905 Region there were 1,827 sales to mid-month, down 12 per cent from the 2,069 transactions that took place in the same period a year ago, and off 10 per cent from the 2,021 sales recorded in the first two weeks of August 2006.
July 2008-
Is the market slowing down? Or is it just stabilizing? 2007 was a record year for home sales in Canada with 520,192 sales through MLS. We really can't get spoiled and expect it to always be increasing at the same rate. So what is expected for 2008? The expected number of sales through MLS for 2008 is 476,000 units representing a decrease of 8.5% from 2007. In 2009, that number is expected to drop another 2.3% to 465,000 units. March 2008-
In 2007 sale were down 11%. They are in line with historical levels for the month, and should increase substantially as the GTA eases into the spring market. February 2008-
A strong performance within TREB's Central districts drove the Toronto area real estate market to a healthy 5,073 sales in January, off just two per cent from last year's record performance, President Maureen O'Neill
announced today. In February prices rose, with the average climbing to $382,048, up 4% from the $367,687 recorded in February of last year. Despite moderate sales, there is not an over-supply of homes on the market. Generally, properties that are listed are selling fairly quickly and with a list to sale price ratio of 99 per cent, for the most part, sellers are realizing their asking price. "While sales were strong, price increases remained modest, with the average rising six per cent to $374,449,"
said Ms. O'Neill. "There is clearly still a place for the first-time buyer in today's resale market." January’s Greater Toronto Area resale housing market came within two per cent of a record performance for
the month, Toronto Real Estate Board President Maureen O’Neill announced today. A total of 5,073 properties changed hands last month, compared to the record 5,173 sales that took place in
January 2007. “This is a very positive start to the year but we will be watching closely to see how the City of Toronto’s new
land transfer tax and a proposed property tax increase affect the market,” said Ms. O’Neill. January’s Greater Toronto Area resale housing market came within two per cent of a record performance for
the month, Toronto Real Estate Board President Maureen O’Neill announced today. A total of 5,073 properties changed hands last month, compared to the record 5,173 sales that took place in
January 2007. “This is a very positive start to the year but we will be watching closely to see how the City of Toronto’s new
land transfer tax and a proposed property tax increase affect the market,” said Ms. O’Neill. The fact is, the economic fundamentals in Canada remain strong. We have a very high employment rate, rising incomes as a whole, and low mortgage rates. This represents a strong foundation for a solid housing market. Now, this is expected to trend downwards slightly over the next year and a half, but it is no where near as bad as some people make it out to be. Overall, the market is still relatively healthy. The average price of resale homes grew by 11% in 2007 and is expected to grow another 5.5% in 2008 and 3.3% in 2009, keeping the average MLS sale above the inflation rate. While the growth is slowing as the market stabilizes, it is important to keep in mind that it is STILL GROWING and DEMAND IS STILL STRONG by historical standards. Mortgage interest rates are expected to stay low through the end of 2009 with possible increase of only 25 to 50 basis points (1/4 to 1/2%) by the end of next year. The reasons for the stabilization are of course, tied to the US market, as well as increasing carrying costs due to home inflation. I am not going to say that the market or economy isn't slowing. It is. It is unrealistic to think that it will always stay at the same pace. Our economic growth is expected to slow to 1.8% in 2008, pick up to 2.3% in 2009 and by 2010 we are expected to be at 3.3%. Income levels are still increasing nicely, migration is still very strong and overall consumer confidence is still high as a whole, all fueling a strong market.
My source for the above numbers are CMHC and Bank of Canada.
On another note, The Bank of Canada had their rate meetings yesterday and there has been no change to the prime rate. Their next meeting is September 3rd. Today's low 5 year fixed rate remains at 5.45% and the variable at 4.15% January 2008-
2007 saw average house prices rise by 11%. For 2008 our marketplace in the GTA will see price increases just above the range of 4-6%. Mortgage interest rates should come down in the beginning of the year and remain steady
until just before the US election in the fall.
Rental vacancy rates should decrease, causing rental rates to increase by about 7-10%
or more this year.
The condo market will remain strong throughout 2008.
January 7, 2008 –December recorded a record 4,646 sales in December. 2007 sales also
had set a record of 93,193 sales, TREB President Maureen O'Neill announced today.
"Year-end sales are up 12 per cent over last year and up 11 per cent over the 84,145
recorded during 2005, the Toronto market's previous best-ever annual performance." November 2007-
The Toronto Real Estate Board reported 7,915 transactions of single-family homes in October, this was an all time record for the month, TREB President Maureen O'Neill announced earlier this month. It was reported that sales were up 15 per cent over the 6,876 figure recorded in October of 2006, "There is every indication that 2007 will be a banner year for resale housing activity in the Greater Toronto Area," said Ms. O'Neill. "The effects of the City of Toronto's new land transfer tax will definitely be felt in 2008; however, everyone is also confident that consumers will continue to see the value of real estate as a solid long-term investment." Prices rose in October, with the average climbing 4% (four) to $394,646 over September's $380,132, and up 11% over the $356,423 recorded in October of 2006.
---------------------------------------------------------------------------------------------------------- September 2007-
Toronto Real Estate Board President; Maureen O’Neill announced recently that the month of September continued its strong pace within GTA with 6,866 transactions taking place. This represents an increase of four per cent compared to September 2006 and is only within six per cent of the record set for the month in 2005. Prices increased to an average $380,132, up five per cent over the previous month. Year-to-date sales are up 11 per cent compared to the same year 2006. Resale housing numbers in the GTA have been consistently positive, reflecting a healthy market. We hope that the City of Toronto doesn't jeopardize this market by imposing a second land transfer tax on home buyers. |
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