CURRENT MORTGAGE RATES
As of January 21, 2009
Prime Rate 3.00%
Variable Rates:
Fully Open Variable 4.00% (Prime rate + 1.00%)
Variable Closed 3.80% (Prime rate + 0.80%)
Fixed Rates:
1 year closed 3.99%
3 year closed 4.75%
4 year closed 4.39%
5 year closed 4.49%
7 year closed 5.50%
10 year closed 6.35%
*Quick close preferred rates available**No down payment? Cash back mortgages available
CINDY MASONMortgage Agent Lic. No. M08004144
TEL. 1-800-441-5425 EXT.1
FAX: 905-852-1379
CELL: 1-800-441-5425 EXT.2
CMASON@MORCAN.CA
Tuesday, January 27, 2009
Monday, January 19, 2009
Start of 2009
The Toronto Real Estate Board releases statistics for the first half of 2009.Greater Toronto REALTORS® reported 888 sales during the firsthalf of January compared to 1,776 in the first 15 days of 2008. “According to Statistics Canada, the economic situation throughout Canada changed noticeably over the past year with job lossesin the fourth quarter of 2008. Toronto is not immune to this, the GTA housing market has beenimpacted,” according to TREB President Maureen O’Neill.Prices have been affected, as expected.
Homes are still selling, but it is increasingly important to price accurately, stage professionally and hire the right agent to aggressively market the property.This is good news for anyone moving up in real estate now. Although, you will accept less money for your current home, if you are buying up, you are likely to buy lower.
We are recommending now as a great time to buy investment properties or move up to that larger home you have been dreaming about. Many people, if moving from a smaller home, are considering keeping their home as an investment property. I highly recommend this option if you are in a financial position to do so and only if the home can carry itself (the rent can cover all expenses). There are obviously risks involved when investing in real estate and it is important to educate yourself with the advice of a professional realtor, lawyer and accountant.
In every market, there are people who see the negative only and there are people who see the opportunities.
Homes are still selling, but it is increasingly important to price accurately, stage professionally and hire the right agent to aggressively market the property.This is good news for anyone moving up in real estate now. Although, you will accept less money for your current home, if you are buying up, you are likely to buy lower.
We are recommending now as a great time to buy investment properties or move up to that larger home you have been dreaming about. Many people, if moving from a smaller home, are considering keeping their home as an investment property. I highly recommend this option if you are in a financial position to do so and only if the home can carry itself (the rent can cover all expenses). There are obviously risks involved when investing in real estate and it is important to educate yourself with the advice of a professional realtor, lawyer and accountant.
In every market, there are people who see the negative only and there are people who see the opportunities.
Wednesday, January 14, 2009
WHAT A KICK OFF....
What an optimistic start to 2009 for The Leslie Benczik Team, we have 5 homes that have sold in the last week! Serious buyers for real estate in Markham, Unionville, Stouffville, and Ballantrae were out looking and they bought!
It is great to see this kind of activity in the real estate market! We were happy to see multiple offers on two of our listings which we haven’t seen in awhile.
If you are considering selling, it’s a great time as the inventory has dipped in Markham, Stouffville, Unionville and Ballantrae. Buyers are waiting for new listings to come onto the market!
Give us a call and we would be happy to answer any questions you may have about buying or selling your home.
We invite you to take a look at our website http://www.getbenczik.com/ and see our new listings with virtual tours and our ad in this week's edition of The Markham Economist and The Stouffville Tribune.
Open houses for Sunday January 18, 2009
Cornell in Markham
2 to 4 pm
251 Country Glen Road - Hosted by Susan Taylor
41 Yale Lane – Hosted by Rachel O’Hearn
And Cindy Mason, Mobile Mortgage Specialist!
Stouffville
2 to 4 pm
26 Ivandale Road – Hosted by Rosemary Mauro
We look forward to seeing you!
It is great to see this kind of activity in the real estate market! We were happy to see multiple offers on two of our listings which we haven’t seen in awhile.
If you are considering selling, it’s a great time as the inventory has dipped in Markham, Stouffville, Unionville and Ballantrae. Buyers are waiting for new listings to come onto the market!
Give us a call and we would be happy to answer any questions you may have about buying or selling your home.
We invite you to take a look at our website http://www.getbenczik.com/ and see our new listings with virtual tours and our ad in this week's edition of The Markham Economist and The Stouffville Tribune.
Open houses for Sunday January 18, 2009
Cornell in Markham
2 to 4 pm
251 Country Glen Road - Hosted by Susan Taylor
41 Yale Lane – Hosted by Rachel O’Hearn
And Cindy Mason, Mobile Mortgage Specialist!
Stouffville
2 to 4 pm
26 Ivandale Road – Hosted by Rosemary Mauro
We look forward to seeing you!
Monday, January 5, 2009
Experience Matters.....
In today’s real estate market it is crucial how sellers market their homes. We at the Leslie Benczik Team have over 20 years of experience in helping people sell their homes in the Markham, Stouffville, Unionville and surrounding areas. If you are considering selling your home, talk to us to see the difference!
Over 80% of all homes searches start on realtor.ca. The photographs of your home are so important! We know this and that is why our listings have pictures taken by a professional photographer. We also offer a free home staging consultation to help make sure that your home looks its best. Once people are in the door, let us help you to negotiate the sale of your home. In 2008 we sold approximately 145 homes in the Markham, Stouffville and Unionville area. Let our experience work for you in selling or buying a home.
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