MLS Forecast Winter 2021

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A record year for sales and prices.  According to the latest MLS® forecast released by The Canadian Real Estate. Association (CREA), national home sales are already heading for a record year in 2021.

  • The national average price is forecast to rise by 9.1% to $620,400.
  • Shortages of supply, particularly in Ontario, will limit sales and keep pressure on pricing.
  • Sales are expected to ease back as the year progresses, but a record is still expected.
  • National home sales are forecast to rise 7.2% in 2021, to around 584,000 units.
  • Demand and price gains are expected to be especially high for larger single-family homes, as buyers compete for desirable properties.#realestate #homevalues #property

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CHMC First Time Home Buyers Incentive

[vc_row][vc_column][vc_single_image image=”5217″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text css=”.vc_custom_1553694105263{margin-bottom: 0px !important;}”]CHMC First Time Home Buyers Incentive

In a highly anticipated announcement on March 19, 2019 the Finance Minister tabled the Federal Budget which included easing measures for housing.

Since 2008 there has been over 30 government imposed regulatory changes introduced. All were aimed at tightening the mortgage landscape making it more difficult to borrow. This is the first time in over a decade that we have seen easing to the rules. Although it wasn’t the results that were widely anticipated, many Canadians will benefit from these additions. More importantly this indicates a shift in perspective from a government level which hopefully begins a new era where we can expect further easing over the coming years.

There are 2 main proposals for housing affordability which were introduced; The First-Time Home Buyers Incentive Program and an increase to the Home Buyer’s Plan.

The First-Time Homebuyer Incentive Program is scheduled to be launched in the fall of 2019 and we expect further details in the coming months as the program gets finalized. Once we receive the final program and have an opportunity to assess we will certainly share this with you and your valued clients.

Today we will focus on the increase to the Home Buyer’s Plan (HBP), the final report was submitted yesterday making this program now active and eligible for qualified buyers. This increase to the HBP withdrawal limit will apply in respect of withdrawals made after March 19, 2019 given that the Purchase and Sale agreement was also signed after this date.

First-Time Home Buyers’ Plan

Currently, the Home Buyer’s Plan (HBP) allows first-time home buyers to withdraw up to $25,000 from their Registered Retirement Savings Plan to purchase or build a new home without having to pay tax on the withdrawn amount. Budget 2019 proposes to increase the HBP limit to $35,000 per first-time home buyer or $70,000 per couple. Clients that are going through the breakdown of marriage or common-law partnership will be permitted to participate in the HBP even if they are not first-time home buyers provided that the separated person lives separate and apart from their spouse or common law partner for at least 90 days.

Here’s an example of some of the ways this program could help your valued clients:

Increased Eligibility:

Clients that have access to this program can benefit from the flexibility of increasing their purchasing power by $10K. This provides leverage and further opportunities for you and your client.

Decreased Payment:

An increase to the down payment by $10K will provide your customer approximately $50 per month in savings on their mortgage payments.

Reduced Income Qualification:

An increase to down payment allows clients to qualify for slightly more home. In this specific circumstance a customer looking to buy for $500,000 would need about $3K less in income by increasing their down payment by $10,000. This will help borrowers that are on the cusp of qualifying.

As always, I’m happy to help answer any questions you may have.[/vc_column_text][/vc_column][/vc_row]

Home Moving Tips

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Moving? Things to Consider Before Packing Begins

Most of us at some point in our lives have relocated. Whether it was moving to a new house with our family as a child or packing up and heading across state for college, we all can appreciate how much effort goes into the prepping, planning and packing. Wonderful, new beginnings await us when we move! Here are some handy tips to relieve some of the stress of moving, helping you enjoy the process and this exciting time instead.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”5110″ img_size=”large”][vc_column_text css=”.vc_custom_1535992121786{margin-bottom: 0px !important;}”]

Know you’re moving? Organize all of the paperwork

It’s important to keep all paperwork in the same spot so you don’t spend time looking for it when a question about the move surfaces. Did you hire movers? Have their information on hand. Is your new house a rental? Make sure you have contact information in case something goes awry upon arrival and you can’t access your new apartment or home. By keeping all moving documents in one spot, you’ll not only avoid the stress of not being able to find something in a jiffy but also enjoy a more efficient move from start to finish.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”5111″ img_size=”large”][vc_column_text css=”.vc_custom_1535992384000{margin-bottom: 0px !important;}”]

To Do Lists are Key!

As with any big event, keeping a list of “to-do’s” is crucial. You wouldn’t plan your daughter’s engagement party with no planning, invitees, or reservations, would you? With a move, it’s also important to keep track of the steps involved throughout the process. In many cases, it’s simply a good idea to keep a running list of things you may need to remember at a later time. This list can hold important numbers, due dates and more. It’s just one more way to stay organized during a very busy but exciting time.

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Take Pictures

You may be feeling sentimental as the move approaches, but this tip has a different motive in mind. Photos come in handy for many reasons. By taking pictures of your knick- knacks before and during the move, your life will be easier once you make it to the new place and you’re trying to unpack and decorate. Know what else? Taking photos of electronic wires and connectors will help you when you’re trying to hook up the TV at the new home just in time to watch the big game! Also, if items get damaged in the move, you’ll be able to let the movers know their condition prior to the move…with the proof of a photo.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”5114″ img_size=”large”][vc_column_text css=”.vc_custom_1535992513426{margin-bottom: 0px !important;}”]

Don’t pack items you won’t be needing anymore.

I’ve written about decluttering when trying to sell your home, but it’s important to also not spend the time and the effort to pack items you won’t be using in your new home. Moving is the perfect time to declutter! If you are no longer using that cabinet and it’s been in your basement’s storage room, try to donate or sell it. You can also ask yourself, “where will I need this item in the new place”? If you don’t have an answer to that question, it’s likely time to part ways with it.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”4237″ img_size=”large”][vc_column_text css=”.vc_custom_1535992777512{margin-bottom: 0px !important;}”]The internet is filled with practical (and sometimes off-the-wall!) packing tips to prepare you for your next big move. A little preparation and forethought will go a long way, starting off life’s next phase in the right way. Are you interested in that new home or wanting to learn more about selling your existing home? I’d love to help! I’ve assisted many families and individuals in the Greater Toronto Area and beyond to find their dream home. Contact me for all of your real estate needs at (416) 858-7365 or email me @ jesse@jessejohar.com[/vc_column_text][vc_column_text css=”.vc_custom_1535992788418{margin-bottom: 0px !important;}”]

www.JesseJohar.com

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Peel Housing Market Report Nov 2017

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Regional Housing Market Tables
Peel Region/Dufferin County
November 2017

1- Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TorontoMLS system between the first and last day of the
month/period being reported.
2- New listings entered into the TorontoMLS system between the first and last day of the month/period being reported.
3- Active listings at the end of the last day of the month/period being reported.
4- Ratio of the average selling price to the average listing price for firm transactions entered into the TorontoMLS system between the first and last day of the month/period
being reported.
5- Average number of days on the market for firm transactions entered into the TorontoMLS system between the first and last day of the month/period being reported.
6- Past monthly and year-to-date figures are revised on a monthly basis.

Home Buyers

[vc_row][vc_column][vc_video link=”https://vimeo.com/217373278″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Jesse Johar – Real Estate Agent – Home Buyers
Committed to helping Home Buyers acquire the property that is right for them.
Coldwell Banker The Real Estate Centre., Brokerage
Direct: (416) 858-7365[/vc_column_text][/vc_column][/vc_row]

Dream Homes

Jesse Johar - Coldwell Banker

Making the Dream of Home Real

I’ve always believed there is nothing more powerful or more important than home. It’s why I’ve been helping people find the house of their dreams.  As your sales representative I am  committed to helping you acquire the property that is right for you.  I offer a full service program and will work with you to develop a customized plan that reflects your needs. I will help you make the dream of a new house a reality.

 

Pre Construction Condo Investing

Real Estate Investor - Jesse Johar

Pre Construction Condo Investing

I work with clients securing high yield investments in the pre-construction condominium market.

Return On Investment Calculator

Committed to getting my clients the best units at the best prices at the best projects. With focus, transparency and data-centric approach. Providing you with actionable insight into the world of condominium investing.

Investing In Pre Construction Condos In Toronto, Mississauga, Brampton, Vaughan, Scarborough or Markham.  GTA Condo Investment Realtor

Jesse Johar – Coldwell Banker® The Real Estate Centre., Brokerage Direct (416) 858-7365

Pre Listing Home Launch Plan

Pre-Listing Home Launch Plan

Planning Makes Perfect. Ensuring there is a solid plan in place is key to making the listing process as stress-free and seamless as possible for our clients.
• Receive Free Home Evaluation and Consultation with Jesse Johar and a full Current Market Analysis.
• Jesse Johar as your Realtor will assist you to establish a pricing strategy examining the comparable homes in your neighbourhood or market area that have SOLD and homes that are currently FOR SALE to establish value and estimated days on market.
• Establish significant timelines with clear details. It is Jesse Johar as your realtor who will sell your property within a timeframe that fits your plans and for the highest price achievable. When he will meet you for your Pre-Listing Consultation, he will discuss your needs and work out a plan that works for best for You.
• Communication is Key. Jesse Johar will walk through every step of what to expect before you list your home, during the listing process, the negotiations when an offer is received, all throughout the process of satisfying conditions, coordinating details with lawyers and beyond.
• Coming Soon Sign! While adhering to the rules and guidelines in the listing agreement, Jesse Johar has a database of clients and colleagues who are keen to hear about new homes before they hit MLS. Jesse  will stir up as much activity on your listing as he can even before it officially hits the market.

Commercial Property Caledon

[vc_row][vc_column][vc_video link=”https://vimeo.com/213429109″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Listed MLS # W3760385 Commercial Property Caledon – Commercial Real Estate
Coldwell Banker The Real Estate Centre Robert Green @ (416) 453-9502 or Jesse Johar @ (416) 858 7365
A prime location in the town of #Caledon. Fantastic Opportunity To Own A Car Dealership And Land. All Major Players On A Major Transportation Hub In Caledon Just Outside Of Orangeville. Great Traffic Flow In An Upcoming Area. Double Entry Points Of Hwy 9 And Kennedy Rd.
The property consists of a moderately irregular shaped site with 2.64 acres of Land, that is improved with a freestanding automotive dealership building. Comprising a gross floor area of approximately 4,600 square feet above grade and having the potential for building expansion for additional 2000 sq ft. There is a 3 Bay service in the rear of building.
Neighboring existing North American and Import Car Dealerships, it is ideal location for auto industry businesses.
Caledon is Home to over 1,700 companies. Industry leaders benefit greatly from Caledon’s strategic location within the Greater Toronto Area.
A vibrant community of close to 69,000 residents, Caledon benefits from its strategic location with close proximity to Orangeville and Toronto – North America’s fifth largest urban centre.
For More Information About This Property or to book an appointment. Call Robert Green @ (416) 453-9502 or Jesse Johar @ (416) 858 7365[/vc_column_text][/vc_column][/vc_row]

Smart Home Technology

[vc_row][vc_column][vc_video link=”https://www.youtube.com/watch?v=xkiY-_NFzcs”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]COLDWELL BANKER®| SMART HOME TECHNOLOGY
It’s here. It’s no longer just for the affluent or tech-obsessed young consumers. Smart home technology is becoming an integral part of our everyday lives.

What is a smart home? It’s a home equipped with smart products connected through Wi-Fi or Bluetooth to control or automate the functions of a house. Thermostats that learn to adjust the temperature automatically based on your schedule, lightbulbs that you can control from your phone, doors that automatically lock when you leave the house are just a few examples of home automation.

A smart home provides security, energy savings and convenience—it can also increase the marketability of a listing for sellers.

The Coldwell Banker Real Estate Smart Home Marketplace Survey found that nearly half of consumers say smart home technology is important for their current home or their next home purchase.

So be on the lookout for smart home icons when you are searching for an agent or smart homes for sale.

Ask me to find out if your home is considered smart – Jesse Johar Smart Home Realtor[/vc_column_text][/vc_column][/vc_row]