Friday, October 28, 2016

You Were Asking: Spring Cleaning

Spring Cleaning

Spring is around the corner.  Yes, yes, it is as in real estate terms, it actually starts in January!  Making a checklist will ensure you get into every nook and cranny in your home. Don't forget these jobs.
  1. Turn your air conditioning on to make sure it works before the first summer heat wave. Make sure your thermostat is working. Clean heating and air conditioning ducts at least every five years; more if you are a smoker or have pets. Germs and bacteria can build up over time and affect your indoor air quality.
  2. Check your roof. Our Canadian winters can be hard on them. Replace any missing or torn shingles and fix any nails that may have come up.
  3. Get your chimney ready for summer. Cuddling in front of a roaring fire isn't normally a summer activity. Cover your chimney with a wire screen or cloth to keep out leaves and debris. It will also keep animals and birds from taking up residence there.
  4. Clean out your gutters (a perennial home owners favourite, I know). A lot of debris can build up and cause water to overflow and possibly do damage.
  5. Fix any loose or missing pieces of siding and replace if necessary.
  6. Swap storm windows for screens. This will allow you to open windows to allow summer breezes in without insects too.
  7. Plant a tree. It's good for the environment, adds character to your landscape, brightens your yard and can increase the value of your home.

 If you need help or are too busy to do your spring cleaning by yourself, hire someone else to do it for you. Many students are looking for extra prom cash at this time of year.

If you're looking for recommendations on anything home related, we have a great Business Directory, for all your needs!  Find it on our website at Business Directory!

Monday, October 10, 2016

Happy Thanksgiving!

"Be thankful for what you have;
you'll end up having more.

If you concentrate on what you don't have,
you will never, ever have enough."

- Oprah Winfrey

Wednesday, October 5, 2016

Market Update: Market Conditions and Winter Forecast

Market Conditions and Winter Forecast

So finally, finally, the banks are stepping in and basing their approvals more stringently on appraisals.  While this may seem a negative, any career realtor will tell you ‘it’s about time’.  Competitive bidding at a frenzy, this market has been anything but fun.  With each sale becomes a new bench mark to set.  The challenge is, what happens when rates rise?  Will you be able to afford an increased mortgage payment amidst energy cost increases?  Keeping two cars on the road, property taxes, a new mortgage and the myriad of home ownership related bills a first timer encounters is difficult at the best of times.  What we realtors have a tough time doing is predicting what might happen.  Due diligence is key. Home inspectors have been on speed dial for a while now, but, throughout this market it has been commonplace to witness a home inspection being conducted while individual showings continue.  How does a buyer get a leg up in competition?  And what if Ontario follows Vancouver’s lead in implementing a foreign buyer tax?  Will that help slow things down, or will it hurt the middle class buyer?  The higher end sales did start to taper mid-summer and that really helps to consider and make an informed decision rather than rushing into a hasty purchase on such a big ticket item.  Forecasting into the winter months and impending Spring market is exceedingly difficult as we are not seeing a break in demand.