Wednesday, May 1, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
What first caught on among the wealthy is now an essential part of the home-selling process if you want to get top dollar.
Home staging — which essentially means making your home as appealing as possible to homebuyers through cleaning, merchandising, and repairing — has been shown to have a very real impact on a home’s price and how long it stays on the market.
According to a Real Estate Staging Association study, homes that were listed as staged sold 90 percent faster than homes that were first listed as-is and only staged after. And a survey from the stateside National Association of Realtors (NAR) suggests homebuyers offer between 1 and 5 percent more for stages homes than they do for comparable properties that are unstaged.
Maybe that doesn’t sound like much, but the average price of a detached home in Toront. ...
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Wednesday, April 24, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
It’s been said that buying a home is one of life’s bigger decisions, but selling isn’t something to be taken lightly either—especially not in Toronto, among the country’s most competitive and real estate markets and by far its most active.
In 2018, more than 77,000 homes changed hands, according to the Toronto Real Estate Board (TREB), and that was a double-digit decrease from the previous year (and that total doesn’t even include pre-construction purchases). Whether upgrading to a bigger house for a growing family or downsizing to a condo during retirement, all the steps towards selling a property may be overwhelming. So Trinity Real Estate Consultants has put together the ultimate guide to selling a property to walk you through every step along the way.
1) Select a realtor
With so much at stake, you. ...
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Monday, April 24, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
The Greater Toronto Area (GTA) housing market has seen a surge in buyer competition, as March 2023 statistics show a tightening market. Consequently, the average sale price exceeded the average list price for the first time since May 2022.
Toronto Regional Real Estate Board (TRREB) President Paul Baron confirmed this growing competition in various GTA neighbourhoods. According to consumer polls, the demand for ownership housing will likely grow this year. Furthermore, first-time buyers are expected to lead the recovery as average rents approach the cost of property ownership.
Sales and Listings Overview
In March 2023, GTA REALTORS® reported 6,896 sales through TRREB’s MLS® System, a 36.5% decline compared to March 2022. However, sales grew on a month-over-month basis in both actual and seasonally adjusted figures. New listings also decreased year-over-y. ...
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Monday, April 10, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
We’ve been wondering for a few months whether—and to what extent—2023 would be a recovery year for housing markets following a steep drop-off in 2022, albeit from a lofty start.
Our forecast, published back in January, predicted a modest recovery or the start of a recovery, but forecasts are by their very nature always conservative.
A great example of a recovery year is 2019, coming off the stress test in 2018. It started off slow but there were no listings. Sellers were waiting for spring. This year is looking increasingly similar.
February 2023 saw the same month-over-month drop in seasonally adjusted new listings that we saw in February 2019. This is not a market being flooded with listings. Quite the opposite.
From a demand vs. supply standpoint, we’re still in (or close to being in) a seller’s market at the national level. Future s! ...
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Monday, March 6, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
All I can say is WOW! I'm sitting here at my computer, thinking of you reading this, how grateful I am for you and your time, looking out my office window and there is not a cloud in the sky. It looks like Spring has Sprung!
I get that for many across the country it’s still COLD! But one thing is for sure, this winter season is coming to an end. It does every year. Without fail. Spring is a time of action, people busy trying to get things done they could not do during the winter months. Sort of a renewing of the mind and spirit, of many things GOOD!
Hopefully this special season will bring awesome happenings your way as your year unfolds. Wouldn’t it be great to simply just grab your favourite book along with your favourite lounge chair, set it right down in your favourite spot somewhere, outside or next to your window, while looking out on a beam ...
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