Real Estate Information: Pickering, Ajax, Pickering Village, and Durham Region2012 August

Frank Steinhausen, Broker
FSteinhausen@REMAX.net
RE/MAX Rouge River Realty Ltd., Brokerage
Phone 905-428-6533
Fax 905-668-1850

Archive for August, 2012

Thinking Big and Living Large

August 20th, 2012 Categories: Real Estate News

Living in a small space may be practical but you still want your home to appear as large as possible. The following tips will help transform your cramped quarters into something much more spacious:

Cut a Rug – Avoid area rugs as using the same type of flooring throughout adjoining rooms creates a feeling of spaciousness.

Is That a Door In Your Pocket? – Installing pocket doors is an easy and inexpensive way to create loads of extra useable space.

Mirror Mirror – Strategically place mirrors throughout your home for the illusion of added space and also to reflect light to adjoining rooms.

‘Tis the Season – Divide your clutter into seasons. By displaying just one box each season, you’ll reduce clutter, change scenery and keep every last item that you can’t bear to part with.

Hide & Seek – Maximize every bit of hidden space you have such as using shelving pockets on the backs of doors or bed risers for that all important under the bed storage.

Open Up – Arrange your furniture so you can see as much of the floor as possible. Moving furniture away from entrances will make a space appear larger as rooms with blocked views can feel cramped.

Lighten Up – Painting walls a soft shade and the ceiling bright white will give the illusion of added height. Letting in plenty of natural sunlight also helps a space appear larger so keep window areas clear of heavy drapes.

Whether you’re getting ready to put your home on the market or you just want to create more space for yourself, the easy and inexpensive tips above will help give you a bit more breathing room. By thinking big and getting creative, you can comfortably live large in even the smallest of spaces

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GTA REALTORS® Report Mid-Month Resale Housing Market Figures

August 17th, 2012 Categories: Real Estate News

Greater Toronto Area REALTORS® reported 2,857 transactions through the TorontoMLS system during the first 14 days of August 2012. This mid-month result represented a dip of 7.6 per cent in comparison to 3,091 sales reported during the same period in 2011.
“A number of factors played into the dip in sales in the first half of August. Sales growth in the spring was very strong, suggesting that some buyers sped up their decision to buy. Stricter mortgage lending guidelines that came into effect at the beginning of July likely prompted some households to put their buying decision on hold. Finally, relatively higher home prices and the additional upfront cost of the City’s Land Transfer Tax go a long way to explain the more pronounced dip in sales in the ‘416’ area code,” said Toronto Real Estate Board (TREB) President Ann Hannah.
The average selling price for the first two weeks of August in the Greater Toronto Area was $480,180 – up 9.2 per cent in comparison to 2011.
“The strong annual rate of price growth so far in August was driven by the single-detached market segment, particularly in the City of Toronto. While this segment of the market has been consistently tight over the past year, the strong double-digit price growth for single-detached houses in the City suggests that the mix of houses sold this year compared to last also changed, with higher end homes accounting for a greater share of sales this year,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

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Archive for August, 2012

Thinking Big and Living Large

GTA REALTORS® Report Mid-Month Resale Housing Market Figures