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Best JULY on record for MLS home sales

National resale housing market activity continued climbing in July 2009, with sales posting the largest year-over-year gain in 2 years. Yes It was also the first time on record that sales activity topped 50,000 units for the month of July in any year on record.

On a seasonally adjusted basis, national MLS home sales posted a sixth consecutive month over month increase in July climbing 2.5% from June.

"Sales activity started of the third quarter on a strong footing," said CREA president. "The difference in the resale housing market now, compared to the beginning of the year, is night and day, and nowhere is this more evident than in the West.  Homebuyers recognize affordability before prices and interest rates move higher."

This is brought to you by The Canadian Real estate Association (CREA)

 

Julie/Julia review

Ok girls............................make a date for next Tuesday (cheap night, only 4.99 admission) with your best girlfriends and make this movie a must see.  Dinner first of course better if your girlfriend cooks for you. lol  Save room for the popcorn and the m&m's.Wink Take a sweater..............gets cold in the theatre, and get ready to view 2 true life stories, and laugh. Its warm, humourous, real life and its just a plain good girlie flick. Makes you warm and fuzzy all over.

Let me know your reviews.Smile

Home Renovation Tax Credit (HRTC)

Only available for the the 2009 tax year.

Under proposed changes, you can claim a non-refundable tax credit on your 2009 income tax return based on eligible expenses incurred for work performed or goods acquired after January 27,2009, and before February 1. 2010, under an agreement entered into after January 27.2009, related to an eligible dwelling.  The HRTC applies to eligible expenses of more than $1000 but not more than $10,000, resulting in a mizimum non refundable tax credit of $1350 ($10,000-$1,000x15%)

For more information you can visit the website:canada.gc.ca

Things to Consider when Searching for a Home.

Things to Consider When Searching for a Home

Before deciding which house to buy, think about your lifestyle, your current and anticipated housing needs, and your budget. It’s a good idea to create a prioritized list of features you want in your next home – you'll soon discover finding the right house involves striking a balance between your "must-haves" and your "nice-to-haves." To start, consider your lifestyle. If you love to cook, you'll want a well-equipped kitchen. If you're into gardening, you'll want a yard. If you're planning your office at home, you may want a room for a separate library or work space. If you have several cars, you may require a larger garage. Use this list as your search guide. Next, think about what you might need in the future. As you consider your housing needs, it's important to consider how long you may live in your home. If you're newly married, you might not be concerned with a school district right now, but you could be in a few years. If you have aging parents, you may want to look at homes that offer living arrangements for them as well as you. It’s important to think about your new home’s location just as carefully as you do about a house’s features. Location is a huge part of any move. In addition to considering the distance to work, you need to evaluate the availability of shopping, police and fire protection, medical facilities, school and day-care, traffic and parking, trash and garbage collection, even recreational facilities. Perhaps the most important decision is deciding on the type of home you want. Do you want a condominium or a co-op? A town house or a detached single-family home? Do you want brick, stone, stucco, wood, vinyl siding, or something else? Do you prefer a new home or an older one? Through all of this, make sure to talk to your real estate professional about where you want to live. While more buyers now use the Internet to gain access to listings, or available properties for sale, it is still a good idea to use an agent. The agent brings value to the entire process: he or she is available to analyze data, answer questions, share their professional expertise, and handle all the paperwork and legwork that is involved in the real estate transaction. CENTURY 21 professionals have the expertise to help their clients narrow down their choices by sharing market trends and local information.

For the Love of Kids

FOR THE LOVE OF KIDS

 

Sometimes, they can get on your nerves and sometimes they can love you like no one else can and sometimes they can save you from the worst day ever-whether they are your own or someone else’s-kids can definitely make or break your day.

It was finally Friday of the worst possible week ever. The week that would never end, paper was piling up, the phone that didn’t stop ringing from that person who blamed you for all existence. The only salvation was that 5 o’clock was drawing nearer and you could taste that sweet drink being chilled by ice in a tall glass-home sweet home was never looking so good.

Driving home, singing that song that’s on the radio, at the top of your lungs, knowing only every other word, but not missing a beat-life is good. You hit all the green lights and the glass is within reach as you see your house in the distance.

Pulling into the drive, your child is in the window making air hand signals-looking up at him, thinking that he wants to play air tic-tac-toe, you put the car in park, look up at him and make your move-a bold “air” X—however, the child appearing unhappy to your move doesn’t signal back, you then change to an O, thinking that if you give him the X, he’ll be happy because he’ll have the better of the two players-ah yes; he wants to play and makes his next move, so you make yours. Now, should you go to the left or the right? You look up and see that the child’s hands are frantically moving and he is continuing to make his “air alphabet words”-obviously tic-tac-toe is not what he had in mind and there is some deeper, more intrusive code that must be broken to understand this message.

Confused and really looking forward to that tall chilled glass, you grab your purse and get out of the car and head towards the front door, hoping to be greeted with open arms and hugs. The hand is on the door knob and as you begin to turn it clockwise, your arm flailing child pulls open the door and the smoke billows out into the open air as if lusting for fresh air-it now occurs to you that the smart child in the window was “air writing” FIRE---trust me, it gets better.

Ascending the steps leading into the kitchen, the smoke is pretty heavy now and you’re wondering what is on fire, when you see the most attractive sight…your husband clad in two oven mitts, pot in one hand spatula in the other, digging out some sort of flaming substance from the oven. Again, I must state that although, it seems completely out of the question, that tall chilled glass has not left the mind completely.

peanuts for dinner. Waving a tea towel in front of the noisemaker long enough for your husband to remove the rest of the flaming nuts from the oven, the sound has seemed to dissipate.

As it turns out, the child decided that he didn’t want peanuts on Thursday so he put them in the oven, so no one else would eat them and so they would still be there when he was ready for them.

I have never laughed so hard in my life as I did that night, and for it not for the quick thinking man in the oven mitts, the situation could have been much worse. The drink was well worth the wait and the drive thru burgers weren’t that bad. Thank god for kids because they really do make you smile when you don’t think you have one in you.Wink

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Riddle Me This............

 

Every one of us has at least one or does at least one, knowingly or unknowingly. Why does he have to cut both ends of the milk bag? Why does she have to unplug the toaster before we leave the house? Why does my daughter use the word “like” 14 times in a sentence?

 

One of the biggest ones is when people don’t signal a lane change…..so what’s your pet peeve? Did you know that the term “pet peeve” originated in the 14th century? Peeve, from the word “peevish” means ornery or ill-tempered and “pet peeve” was introduced sometime in the early 18th century. The word “pet” was added in the sense of the word “favourite” which loosely translates to the “favourite annoyance”.  And now, you know something you didn’t, when you woke up this morning.

To Shadow.......or not To Shadow??????

This is the question on everyone's mind...and the answer is coming. Yes, Groundhog Day is once again upon us and every year we, North Americans, wait for that little rodent to stick his head out of his hole, and predict whether we are done with winter or if it is sticking around.
Who thought of this and why did it come to be, that our dependence on the weather forecast relies solely on a furry little creature who hasn't seen the light of day in months?
As the story goes, back in the 18th century, German Settlers who populated much of Pennsylvania would hold a festival every February 2nd and the festival featured a groundhog who would foretell how much longer winter would last. Thus, Groundhog Day emerged. This would also let farmers know that it would soon be time to start planting their crops and planning their fields.
Puxsutawney Phil (since 1887) and Wiarton Willie (since 1956) are 2 of the more popular groundhogs that forecast the end of winter for many Americans and Canadians every year.
Will you be one of the thousands of people waiting to see whether Wiarton Willie sees his shadow on February 2? If he sees his shadow, we will be in for 6 more weeks of this wonderful white stuff, however, if he does not see his shadow, it's time to pull those spring clothes out from storage and fill up the chest of drawers cause winter will soon be coming to a close.
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So You Want to Buy a House

You've been saving for a while and you know what you want so it's time to buy a house right? Yes  Well, it's not quite that easy, however, with the help of a good real estate agent, your house buying experience can be an exciting and rewarding experience.Person You need to ask yourself a few questions. How long am I going to live in my new house? Did you know the average Canadian moves every 5 years? Am I looking for a starter home or am I an empty nester? Where do I want to live?

So you have a down payment. The next thing you should do is go to the bank and get preapproved for a mortgage. This will tell you your absolute top dollar that you can afford to pay for a house. Remember though, you don't want to by at the top of your budget if you don't have to and don't forget about closing costs. These are roughly 1 1/2% to 2% of the purchase price of the house.

Never put an offer in on the first house you see because you may see something later that you like more. It's always best to write out a list of what you want in your house. How many bedrooms? How many bathrooms? How many levels? Location. And of course budget. Once you have seen a few houses and you find one that you really like; you'll want to contact your real estate agent and discuss fair market value and put in an offer. Fair market value is the value of what the property is worth and what houses in that area have been selling for. You will want to discuss comparables of similar houses that have sold and then when you're ready. You put in an offer. It is always a good idea to include a house inspection because a house inspection can give you the peace of mind that your plumbing, electrical and structure are sound and in good condition.

Don't be upset if your first offer comes back with a counter offer, this is a good thing. You don't want the seller to accept the offer right off because then it could mean that they are in a hurry to get rid of the house. Good healthy competition is good. But make sure that you have a number in your head of what you are willing to spend on a specific property and don't go over that number. If you have to sign back final offer, the sellers will know that they will not get any more out of you and more than likely they'll take your highest offer..if it comes to that.

Once your offer has been accepted, you just sign on the doted line, we get your conditions fulfilled and then get some boxes, cause you are moving!! Of course before any of this happens, you need to write out your list and call me! Together, we'll find just what you're looking for.Smile

HOW 'SELLABLE" IS YOUR HOUSE??

I've seen the market at it's very best, at it's worst and at times in between, I know how you can run the gamut from happy to sad and from relaxed to stressed in a split second. In today's changing market, I know how difficult it can be to list your property and get it sold. As your Real Estate Agent, I'm dedicating today's blog to helping you, the seller, get fair market value for your home and get it sold in a timely fashion.
You have to set your house apart from others on the market, especially in your area. The first thing the buyer sees is the outside, and curb appeal is as important to a potential buyer as the house itself. Make sure that your house isn't hidden by large trees or bushes and make sure that your grass is cut or your driveway and sidewalk are shoveled. You want to make sure that your house gets the attention of a potential buyer and makes them want to enter your house. So if you have a little garden in the front, plant some flowers or add a few potted, or hanging plants, but not too many, just enough for colour. If you have garden gnomes or lawn friends, it might be best to put those away for the time being because you don't want to turn away potential buyers if their tastes don't agree with yours.
Also, you will want the curtains in your front window to be wide open, this is inviting and makes people want to come inside. While you are at it, you should open all curtains/blinds in your home and turn on all the lights. YES all of the lights, it's only for a couple of hours and it really does make a difference on how your home is perceived by others. And the natural light is a great way to showcase the inside.
The most important thing to remember is that you think of it as someone else's home, it's not yours anymore and you want to take away the really personable items, like knick knacks and maybe even some of the furniture. The potential buyer wants to be able to walk into the room and picture their furnishings there and they can't do that if the room is cluttered with items that have no interest to them.  Make sure that all of the rooms in the house are clutter free and have just the right amount of furniture for the size of the room. For example, a bedroom might have a twin size bed a dresser and a night table if the space allows, if not, a bed and dresser are sufficient. If the room allows for a double bed, you should put a double bed, if it allows for a queen, put in a queen. You don't want the potential buyer to try and "guess" if their furniture will fit into the room, give them the answers that they don't have to ask for.
A comfortable living room should have a couch and a couple of chairs and a television, possible a coffee table or ottoman, but not too much else because you want them to be able to see their outfit in that space.
You will also want to have flow throughout the house as far as paint colours are concerned. If your current paint colours are bright or not very balanced, it would be a wise investment to purchase a few gallons of some neutral tones such as beige or off white and give the walls a fresh coat. You would be surprised at how far a little paint will get you!! Also, the less work a potential buyer has to do to move it, the more likely they will be to put in an offer.
Make sure that your bathroom fixtures are updated and that your shower curtain or shower doors are open so there is nothing to hide. Set out a few candles or nice smelling pot pourri and make it an inviting space to want to "spa" in. In your kitchen, nothing smells better than fresh baked bread, and although we all don't have time to bake a loaf of bread before a viewing, air fresheners have sure come a long way in a few years.... Your kitchen and your bathroom will sell your house. You definitely want an updated and modern kitchen that is freshly painted, with lots of cabinet space and counter space with NO clutter. Even if you have your toaster, coffee maker, blender and toaster oven on the counter--trust me, put it away somewhere. The potential buyer will want to see a nice clean open counter space where he or she can prepare the meals and not feel crowded in any way.
Finally your backyard. If you have a backyard, you will definitely want it to have that maintained look. You don't want to turn away a potential buyer by having a backyard that looks like a field or looks like it is high maintenance. Cut the grass, make sure the shrubs are cut back and the trees are trimmed, make sure that toys are all put away and put out some patio furniture and a bbq so the potential buyer can picture themselves having an outdoor get together in their new home.
It may cost a few extra dollars and some elbow grease, but it will pay off in the end.

Get the Crock Pot out!

I tried this new recipe out this week and was quite the hit with my family ( or shall I say my daughter)

 Try it, you will enjoy it and its easy.

Ingredients: 4 chicken breasts, I med onion, 1 can cream of mushroom soup, 3tbs flour, black pepper, 1 cup fresh or canned peas, 1/2 tsp paprika

1. Remove bone and skin from Chicken and cut up in 1" pieces ( I used boneless and skinless already to save some time)

2. Place chicken in slowcooker, and onion chopped up in 1" pieces

3. In a separate bowl combine the soup,flour and pepper, pour mixture over chicken in slowcooker, cover and cook on low for apprx 5 to 6 hours

4. An hour before serving, add the peas and cook another hour

 

I served it over egg noodles, with a side salad and fresh bread. Could put over rice or pasta.

Enjoy and don't ask me the calorie content cause I have no idea, and besides life is too short to count every single calorie we eat. Wink

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Are you a Property Virgin???

Now that I have your attention...are you a property virgin? What is a property virgin? Well that's simple, if you have never owned your own home and you are ready to take the plunge, you are a property virgin and I am just the right person to help you. Do you know what you want? Do you have a budget? Are you ready to no longer be a property virgin? If you have said yes to these 3 questions, then you have come to the right place. I will get you into your own house and I will work with you every step of the way.

Sometimes buying a house for the first time can be a very scary thing, with listings and mortgages and sqaure footage,so let me help a little bit by doing some of the footwork for you. Just give me an idea of where you want to live and some of your wants and needs and I'll be more than happy to show you around.  Make your list and give me a call, I am here to help.

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The Cornucopia of Thanksgiving

Cornucopia....ever wondered what this had to do with Thanksgiving and why it was so relevant? Today is your lucky day because you are about to find out...keep reading...before the first Europeans arrived in North America, the farmers in Europe would hold celebrations at harvest time. To give thanks for their wonderful harvest and abundance of food, the farm workers would fill a curved goat's horn with fruit and grain. This was called a cornucopia or "horn of plenty" and when they came to Canada they brought this tradition with them.

I hope you all have a wonderful and plentiful Thanksgiving!!

 

 

 

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June's 2008 Stat Report

Compared to what the news is saying, our June results showed the opposite. Smile

For our Brantford Real Estate Board in June our Listings where down by .8%, volume of only three units but if you compare that to our record breaking 2007, we aren't in bad shape.

Sales by volume and units are up, not by much but they are up. We are up by .4% in volume and in units up by 1.Wink I realize your all saying come on here Kim, its only 1 unit, but one is better than nothing.Huh?

Now here is the real understanding............our volume in numbers was up 2.4% even over last years 35% increase. Big Smile

The market is still going with a steady pace in Brantford!

Our Sales by category is a follows:

The number one spot is still our $200,000 to $250,000 range

Number 2 spot is our ever growing $250,000 to $300,00

and number 3, are you ready........yes believe it the $300,00 to $350,000 range.

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Competing Offers

In certain market conditions, although there isn't too much of this anymore in Brantford, Ontario, consumers may find that more than one buyer is interested in a property.  This is a competing offer situation and it can create unique conditions in a real estate transaction. Huh?

Both sellers and buyers need to consider how to respond when presented with this situation.  Working closely with your realtor will ensure that you understand the process.

In Ontario, the seller's real estate agent is required to disclose the number of competing offers to all buyers who have submitted a written offer, however the terms and conditions of each offer are confidential to the seller and there real estate agent.Zip it!

Working with a real estate Agent

The sellers real estate agent represents the interest of the seller in the transaction.  The decisions about how offers are presented and responded to, as well as which offer is accepted, are made by the seller and the real estate agent is there to guide you. Big Smile

The buyers real estate agent represents the interests of the buyers in the transaction.  The buyer makes the final decisions related to their offer, including the important decision of whether or not they want to participate in a competing offer situation, price and conditions of the offer.

In some situations the real estate agent will represent the interests of both seller and buyer or multiple buyers.  Consumers should seek guidance from there real estate agent if this situation arises.Yes

Tips for Buyers

In a competing offer situation, buyers may be tempted to offer more for the property than they planned to and/or remove conditions from offers that are intended to protect them.

Before participating in a a competing offer situation, buyers should consider factors such as:

OFFER PRICE

How much can you afford as the buyer to offer for property and how much is the property worth?Hmm  A high offer could enhance the buyers chance of success.  However, it may not be the best long term financial decision for the buyer.  A competing offer situation does not necessarily mean that a property will sell for more than the asking price.  Similarly, an offer that meets or exceeds the asking price will not guarantee that a buyer's offer is accepted.Huh?

FINANCING

Buyers should be aware that a pre-qualifying for a mortgage does not safely eliminate the need for a financing condition in an offer.

Although these are only a couple of major factors to consider when your in a situation of competing offers, I highly recommend you seek the professional advice specific to your real estate transaction from a competent real estate agent. Wink

 

 

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