Amazing Vaughan Homes

04/15/2024

Great News!
First time home buyers can use up to 60k from RRSP!

06/15/2023

Market Statistics , May 2023

The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of homes for sale did not keep up with the demand for ownership housing. Sales as a share of new listings were up dramatically compared to a year ago. This is a clear signal that competition between buyers increased substantially compared to last year, resulting in the average selling price reaching almost $1.2 million last month.

“Despite the fact that we have seen positive policy direction over the last couple of years, governments have been failing on the housing supply front for some time. Recent polling from Ipsos found that City of Toronto residents gave Council a failing grade on housing affordability and pointed to lack of supply as the major issue. This issue is not unique to Toronto. It persists throughout the Greater Golden Horseshoe. If we don't quickly see housing supply catch up to population growth, the economic development of our region will be hampered as people and businesses look elsewhere to live and invest,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron.

GTA REALTORS® reported 9,012 sales through TRREB’s MLS® System in May 2023 – a 24.7 per cent increase compared to May 2022. Conversely, new listings were down by 18.7 per cent over the same period. On a month-over-month seasonally adjusted basis, sales were up by 5.2 per cent compared to April 2023.

“The demand for ownership housing has picked up markedly in recent months. Many homebuyers have recalibrated their housing needs in the face of higher borrowing costs and are moving back into the market. In addition, strong rent growth and record population growth on the back of immigration has also supported increased home sales. The supply of listings hasn't kept up with sales, so we have seen upward pressure on selling prices during the spring,” said TRREB Chief Market Analyst Jason Mercer.

The MLS® Home Price Index (HPI) composite benchmark was down by 6.9 per cent year-over-year in May 2023, but up by 3.2 per cent on a seasonally adjusted monthly basis compared to April 2023. The average selling price, at $1,196,101, represented a small 1.2 per cent decline relative to May 2022. On a seasonally adjusted monthly basis, the average selling price was up by 3.5 per cent compared to April 2023.

If you need help with anything ,please don't hesitate to contact me!

RADU BURLACU
Real Estate Broker with RIGHT AT HOME REALTY INC.
Phone: (416) 524-5416
Email: [email protected]
www.RaduBurlacu.com

06/14/2023

When preparing to sell your home, making certain improvements can increase its appeal to potential buyers and potentially lead to a higher sale price.
Here are ten home improvements that can help you sell your home for the best price:

1. Enhance curb appeal: First impressions matter, so invest in landscaping, fresh paint, and a well-maintained exterior to create an inviting and attractive facade.

2. Update the kitchen: The kitchen is often considered the heart of the home. Consider renovating or updating key elements such as countertops, cabinets, appliances, and fixtures to give it a modern and appealing look.

3. Upgrade the bathrooms: Similar to the kitchen, updating bathrooms can significantly increase a home's value. Focus on improving fixtures, lighting, tiling, and adding a fresh coat of paint.

4. Increase energy efficiency: Energy-efficient features appeal to environmentally conscious buyers and can save money in the long run. Install energy-efficient windows, LED lighting, programmable thermostats, and consider adding insulation.

5. Add fresh paint: A fresh coat of paint can give your home a renewed look and make it feel more inviting. Stick to neutral colors that can appeal to a wide range of buyers.

6. Improve lighting: Good lighting can make a space feel more spacious and inviting. Consider adding or updating lighting fixtures, especially in areas like the kitchen, living room, and bathrooms.

7. Update flooring: Replace worn-out carpets with hardwood floors or modern, durable alternatives like laminate or vinyl. Flooring upgrades can greatly enhance the overall appeal of your home.

8. Create additional storage space: Ample storage is a desirable feature for many buyers. Maximize closet space, add built-in shelving, or invest in storage solutions to make your home feel organized and clutter-free.

9. Repair or replace essential systems: Ensure that your home's major systems are in good working condition. This includes HVAC, plumbing, electrical, and roofing. Buyers appreciate a well-maintained property.

10. Stage the home: Proper staging can help potential buyers envision themselves living in the space. Declutter, rearrange furniture for optimal flow, and add tasteful decor to highlight the home's best features.

Remember, the specific improvements needed will depend on the condition of your home and the preferences of the target market. Consulting with a real estate agent or home staging professional can provide valuable insights tailored to your situation.

If you need help with anything , don't hesitate to contact me anytime ! I can give you advice to increase your home value and get you the most money when you sell your home with me!

Radu Burlacu
Broker with Right at Home Realty Inc.
(416) 524-5416
email: [email protected]
www.RaduBurlacu.com

10/05/2022

Chasing that picket fence dream 👍

A report from the NAHB found that homebuilders have shifted from high-density, high-cost areas to lower density and lower cost areas.

10/03/2022

Bes to get rid of these for open houses https://bit.ly/2E0cZMg

10/01/2022

Ahhhhhhh, pantries 😍

No longer a chilly back room, this humble space is now a hot kitchen-zone destination.

09/29/2022

Have you ever been on the fence between which to buy?

So many types of homes out there. But it often comes down to asking yourself, should I buy a single-family house or a condo? Here’s tips to know.

09/27/2022

09/25/2022

Yards are meant for fun times — not chores.

These simple landscaping ideas are perfect for people who hate doing yard work. Get a low-maintenance yard with these landscaping ideas.

09/23/2022

Is your backyard looking a little basic these days? https://bit.ly/3BfrtH1

09/21/2022

Negotiating Tip 84: The Power Of Time https://bit.ly/3Be18ZC

09/19/2022

What Exactly is a HELOC? https://bit.ly/3CXGL4c