Finally we are warming up and the sun’s rays are feeling warm. I can sense the excitement in the air in Toronto as the spring real estate market comes to bloom. As it happens on a yearly basis people come out of their Igloo’s and start thinking of selling and buying a new house or condo.
If you are one of those people who has been thinking of selling in April, May... you might want to reconsider. The market points to listing now to get the highest sale price for your Toronto house or condo and a faster sale. For your information, the average price for Mid-February 2011 is up 5% from last year Mid-February 2010 average to 451K from $430K.With the new government led mortgage rules becoming law in April and interest rates on the rise (we've already had a rate increase by the banks) many new and first time buyers will lose their ability to purchase a starter house or condo. You don’t want to miss the chance to sell to these buyers who want to beat the deadline. In the spring, every year we get many new homes that get listed For Sale on the market and these homes will compete against yours. That will make your house harder to sell and at a lower competitive price.My advice don't wait... List Today.
The Toronto Condo Real Estate
www.TheTorontoCondoRealEstate.com
Jas Jagpal, BSc. York University - Toronto RE/MAX Sales Representative
Cell: 647-272-6629 O: 950-471-0002 F: 905-471-7441
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Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate Houses: www.JasJagpal.com
Blog Posted on: www.1stoprealestate.ca : www.TheCondoReport.ca : www.LinkToMorningside.com : www.MarkhamBoxgrove.com
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© Jas Jagpal, 2011
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