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Strong Home Prices Close Out 2012
Information courtesy of the Toronto Real Estate Board.
TREB
The Toronto Real Estate Board
(TREB) reported that as home prices
rose in 2012, total sales for the
year dropped slightly from 89,096
transactions in 2011 to 85,731 in
2012 – still a healthy showing on an
overall basis.
TREB President Ann Hannah said,
“The number of transactions in 2012
was quite strong from a historic
perspective. We saw strong year-
over-year growth in sales in the first
half of the year, but this growth
was more than offset by sales
declines in the second half. Stricter
mortgage lending guidelines resulted
in some households postponing
their purchase of a home. In the
City of Toronto, the dip in sales was
compounded by the additional Land
Transfer Tax, which buyers must
pay upfront.”
Referring to the rise in the 2012
average selling price by almost
seven percent to $497,298, TREB
Senior Manager of Market Analysis
Jason Mercer noted, “Robust annual
rates of price growth were reported
through most months of 2012. Price
growth was strongest for low-rise
homes, including singles, semis and
townhouses. Despite a dip in sales,
market conditions remained tight for
these home types with substantial
competition between buyers.”
If you’re wondering what the market
conditions are like in your area, or
how much your home might be
worth this spring, please call today
to set up your no-obligation update!
Sales & Average Price By Major Home Type
DEC. 2012 Sales Average Price
416 905 Total 416 905 Total
Detached 491 1,254 1,745 $722,393 $565,544 $609,678
Yr./Yr. % Change -12.3% -13.6% -13.2% 2.4% 8.1% 6.2%
Semi-Detached 129 242 371 $556,260 $385,723 $445,020
Yr./Yr. % Change -35.2% -15.4% -23.5% 7.4% 5.6% 4.0%
Townhouse 154 423 577 $392,590 $347,897 $359,825
Yr./Yr. % Change -20.2% -15.2% -16.6% 5.2% 5.2% 5.1%
Condo Apartment 680 263 943 $342,847 $281,458 $325,726
Yr./Yr. % Change -26.9% -26.3% -26.7% -1.8% 2.1% -0.9%
Recine Team Report
Compliments of Melanie & Fabio RE/MAX Premier Inc., Brokerage
Each office is independently owned and operated.
Melanie Maranda Recine &
Fabio Recine
Sales Representatives
"It's your call
Call Melanie and Fabio"
RE/MAX Premier Inc., Brokerage
9100 Jane Street, Bldg. L, Suite #77
Vaughan, ON L4K 0A4
Office: 416-987-8000
Fax: 416-987-8001
Direct Melanie: 647-836-4062
Direct Fabio: 416-828-5441
mmaranda96@hotmail.com
frecine@trebnet.com
www.RecineTeam.ca
Greetings! You’re receiving this
newsletter with hopes that you find it
informative and entertaining.
If you’re thinking of making a move, or
are just curious as to real estate trends
in your area, please feel free to call at
any time. It’s always good to hear
from you!
Best wishes,
Melanie and Fabio
Volume 9, Issue 2
The War Against Germs
2
Rhinoviruses (the predominant cause of colds) and
influenza viruses are easily transmitted through direct
contact with contaminated surfaces, and can live on
surfaces anywhere from several hours, up to two days.
Where are germs – viruses included – most likely to be
hiding in your home? Some of the answers you’ll no doubt
guess – others may surprise you.
Your kitchen sponge/dishrag/towels. Their moistness makes
them an ideal breeding ground in which germs can survive
and thrive.
The TV remote. When it’s not stuffed between the couch
cushions, it’s being handled by hands that have been
coughed and sneezed on.
Doorknobs, light switches, and handles (faucet, appliance,
drawer, or door). In and out, on and off, all day, every day –
is it any wonder they’re so dirty?
Your computer keyboard. Do you eat and drink over your
keyboard? Many people do – but then don’t clean them
nearly as often as they should.
The bathtub. Some studies have even shown the bathtub,
particularly the area around the drain, to be dirtier than
that other bathroom culprit, the toilet.
Your salt and pepper shakers. Would you believe your
shakers can have one of the highest concentrations of
viruses in your home?
Now that you know some common hotspots, how can you
inhibit the spread of germs at home and lower the risk of
illness? First, step up your disinfecting game, if only during
cold and flu season.
There are plenty of commercial wipes and solutions
available that promise to “kill 99.9% of germs” and whose
labels shout “antibacterial”. But chances are you’ve already
got some highly effective disinfectants in your cupboards
– ones that are less expensive and less toxic, too: bleach
(a little goes a long way when diluted with water), white
vinegar, lemon juice, hydrogen peroxide, and isopropyl
alcohol. Whatever your disinfectant of choice is, use it with
paper towels, which can be thrown away after use, further
helping to prevent the spread of germs.
Of course, the best thing you (and everyone else in your
family) can do to inhibit the spread of germs and illness
at home is wash your hands, frequently and thoroughly.
A proper hand washing requires soap and lots of rubbing
– palm-to-palm, palm-to-back, and fingers interlaced
– for at least 20 seconds. And if you think you need an
antibacterial product, here, too, think again: regular soaps
work just as well as those marketed as “antibacterial.” In
fact, many experts now advise against antibacterial soaps as
they’re no more effective, yet may contribute to antibiotic
or antibacterial resistance. Finally, dry hands completely
– damp ones spread more bacteria than dry ones – using
disposable towels, or designate a towel for the exclusive use
of each family member during cold and flu season.
As we’re in the thick of cold and flu season, now seems a fitting time to talk about germs at home – where they
like to congregate, how to prevent their spread, and, by extension, how to minimize the risk of them making you
and your family sick.
Fully Detached
Hunting Equipment
Volume 9, Issue 2 3
Home hunting can be an arduous task. To make the
process less stressful and more fruitful, here are six
things you should consider bringing with you on the
hunt for your next address.
 A needs/wants checklist. This is a handy way to
measure how each property you look at stacks up to
your requirements. As well, a checklist will help keep
you focused and your decision-making based on your
needs rather than on your emotions.
 A pen and paper (or more high-tech note-taking
device). You’ll no doubt want to take some notes –
what you saw that you liked, what would have to
change, any concerns you had, questions you’d like to
ask – about each home you visit.
 A camera. Homes tend to blur together after a while,
so taking pictures of their exteriors and surroundings
will help you to remember (and distinguish between)
each property – just be respectful of sellers’ privacy
about interior photos.
 A tape measure. You might not need this on your first
round of home hunting, but once you’ve narrowed
your search down to serious contenders, you might
want to know things like how (or even if) your
furniture will fit in the space.
 Energy-boosting snacks. It’s easy
to run out of steam when viewing
several homes in a day; plus,
it’s hard to focus when
you’re hungry. Dried fruit
and nuts, yogurt and
granola, or whole-grain
crackers with cheese are
great battery rechargers.
 A professional real estate
salesperson. If you bring
nothing else, bring your
real estate representative.
Your rep will save you
time, by narrowing your
home search and keeping
you focused, and save
you stress along the way.
Get packing. Start with the personal stuff:
photographs, diplomas, trophies, kids’ artwork,
souvenirs, knick-knack collections, etc. With these
things gone, it’s easier for buyers to imagine themselves
living in the space – and it’s easier for you to picture
them there, too. Besides, you’ll have to pack these
things up at some point anyway.
Redecorate – for buyers, that is. When your property’s
on market, its décor should appeal not to you, but to
the greatest number of potential buyers: think neutral
colors and subdued patterns on walls and floors. When
it stops looking like your home, it stops feeling like
your home – that’s a step in the right direction for you
and for buyers.
Adopt a show-ready lifestyle. While your home is for
sale, you need to tweak your daily routine so as to be
prepared for buyers’ arrival at a moment’s notice. That
means making some rooms off-limits, taking the trash
out every day, and making beds every morning, for
example. With the change in routine comes the needed
change in mentality.
Ask your real estate sales rep for a report on
comparable sales – current sales of properties similar
to yours in terms of square footage, number of
bedrooms, number of bathrooms, etc. Seeing such a
breakdown will help you to paint a picture of your
home that’s by the numbers rather than one that’s
drawn from emotion.
Emotionally detaching from your home is key to
remaining objective when setting your asking price
and sitting at the negotiating table. Here’s how to
stop seeing your home as “your” place, and start
seeing it as a product to be marketed and sold like
any other.
Finished or not, basements add valuable space to a property,
but homeowners often overlook this area of the house
when preparing to sell. Here are some tips to help get your
basement looking its buyer-ready best.
Declutter and organize. Most people use their basements for
storage. By decluttering and organizing yours, not only will
you make it look more spacious, you’ll demonstrate its value
to buyers, showcasing a great place to store and organize
all of their sporting equipment, holiday decorations, and
patio furniture.
Clean. Wash floors; vacuum carpets; dust baseboards,
furniture, gym equipment, etcetera; clean appliances and
mechanical fixtures (e.g. HVAC equipment). By doing so, you’ll
remove the “ick” factor, defy buyers’ expectations about
basements, and impress upon them the image of a well-
maintained house.
Lighten and brighten. Open up window coverings, clean
windows, and trim any landscaping that’s blocking windows
in order to maximize natural light. Outfit fixtures with
the brightest bulbs that can safely be used and consider
additional lighting to banish the shadows from otherwise
dark areas.
Paint. A fresh coat of neutral-colored paint on unfinished
basement floors and on drywall will help make your basement
look cleaner, brighter, and more livable.
Set the stage. Demonstrate your basement’s potential. For
example, are kids’ toys scattered across your basement? Set
them up in a designated play area. Storing excess furniture
down there? Create an inviting reading nook.
Please call for more “underground” tips today!
Underground, Overlooked
Terminology Tip
ENCROACHMENT — A situation where
a structure is built wholly or in part onto
an adjoining property. Examples are
a neighbor's fence, storage shed, or
overhanging roofline that partially (or
even fully) intrudes onto your property.
It is highly advised to have a professional
survey performed before building any type
of structure on your property even if you
are clearly building on your property. Each
city and county has specific codes and
easements that are strictly enforced.
4
The information and opinions contained in this newsletter are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published
information. This newsletter is provided with the understanding that it does not render legal, accounting, or other professional advice. Not intended to solicit properties or businesses listed for sale and agency agreements in place with other real estate brokers. Whole or
partial reproduction of this newsletter is forbidden without the written permission of the publisher. © Market Connections Inc.® 2013, Phone: (800) 387-6058.
www.RecineTeam.caMelanie Direct
647-836-4062
Fabio Direct
416-828-5441
Fabio and Melanie Recine
Sales Representatives
Compliments of Fabio  Melanie Recine RE/MAX Premier Inc., Brokerage

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Om034335 volume 9 issue 2_treb-a

  • 1. Strong Home Prices Close Out 2012 Information courtesy of the Toronto Real Estate Board. TREB The Toronto Real Estate Board (TREB) reported that as home prices rose in 2012, total sales for the year dropped slightly from 89,096 transactions in 2011 to 85,731 in 2012 – still a healthy showing on an overall basis. TREB President Ann Hannah said, “The number of transactions in 2012 was quite strong from a historic perspective. We saw strong year- over-year growth in sales in the first half of the year, but this growth was more than offset by sales declines in the second half. Stricter mortgage lending guidelines resulted in some households postponing their purchase of a home. In the City of Toronto, the dip in sales was compounded by the additional Land Transfer Tax, which buyers must pay upfront.” Referring to the rise in the 2012 average selling price by almost seven percent to $497,298, TREB Senior Manager of Market Analysis Jason Mercer noted, “Robust annual rates of price growth were reported through most months of 2012. Price growth was strongest for low-rise homes, including singles, semis and townhouses. Despite a dip in sales, market conditions remained tight for these home types with substantial competition between buyers.” If you’re wondering what the market conditions are like in your area, or how much your home might be worth this spring, please call today to set up your no-obligation update! Sales & Average Price By Major Home Type DEC. 2012 Sales Average Price 416 905 Total 416 905 Total Detached 491 1,254 1,745 $722,393 $565,544 $609,678 Yr./Yr. % Change -12.3% -13.6% -13.2% 2.4% 8.1% 6.2% Semi-Detached 129 242 371 $556,260 $385,723 $445,020 Yr./Yr. % Change -35.2% -15.4% -23.5% 7.4% 5.6% 4.0% Townhouse 154 423 577 $392,590 $347,897 $359,825 Yr./Yr. % Change -20.2% -15.2% -16.6% 5.2% 5.2% 5.1% Condo Apartment 680 263 943 $342,847 $281,458 $325,726 Yr./Yr. % Change -26.9% -26.3% -26.7% -1.8% 2.1% -0.9% Recine Team Report Compliments of Melanie & Fabio RE/MAX Premier Inc., Brokerage Each office is independently owned and operated. Melanie Maranda Recine & Fabio Recine Sales Representatives "It's your call Call Melanie and Fabio" RE/MAX Premier Inc., Brokerage 9100 Jane Street, Bldg. L, Suite #77 Vaughan, ON L4K 0A4 Office: 416-987-8000 Fax: 416-987-8001 Direct Melanie: 647-836-4062 Direct Fabio: 416-828-5441 mmaranda96@hotmail.com frecine@trebnet.com www.RecineTeam.ca Greetings! You’re receiving this newsletter with hopes that you find it informative and entertaining. If you’re thinking of making a move, or are just curious as to real estate trends in your area, please feel free to call at any time. It’s always good to hear from you! Best wishes, Melanie and Fabio Volume 9, Issue 2
  • 2. The War Against Germs 2 Rhinoviruses (the predominant cause of colds) and influenza viruses are easily transmitted through direct contact with contaminated surfaces, and can live on surfaces anywhere from several hours, up to two days. Where are germs – viruses included – most likely to be hiding in your home? Some of the answers you’ll no doubt guess – others may surprise you. Your kitchen sponge/dishrag/towels. Their moistness makes them an ideal breeding ground in which germs can survive and thrive. The TV remote. When it’s not stuffed between the couch cushions, it’s being handled by hands that have been coughed and sneezed on. Doorknobs, light switches, and handles (faucet, appliance, drawer, or door). In and out, on and off, all day, every day – is it any wonder they’re so dirty? Your computer keyboard. Do you eat and drink over your keyboard? Many people do – but then don’t clean them nearly as often as they should. The bathtub. Some studies have even shown the bathtub, particularly the area around the drain, to be dirtier than that other bathroom culprit, the toilet. Your salt and pepper shakers. Would you believe your shakers can have one of the highest concentrations of viruses in your home? Now that you know some common hotspots, how can you inhibit the spread of germs at home and lower the risk of illness? First, step up your disinfecting game, if only during cold and flu season. There are plenty of commercial wipes and solutions available that promise to “kill 99.9% of germs” and whose labels shout “antibacterial”. But chances are you’ve already got some highly effective disinfectants in your cupboards – ones that are less expensive and less toxic, too: bleach (a little goes a long way when diluted with water), white vinegar, lemon juice, hydrogen peroxide, and isopropyl alcohol. Whatever your disinfectant of choice is, use it with paper towels, which can be thrown away after use, further helping to prevent the spread of germs. Of course, the best thing you (and everyone else in your family) can do to inhibit the spread of germs and illness at home is wash your hands, frequently and thoroughly. A proper hand washing requires soap and lots of rubbing – palm-to-palm, palm-to-back, and fingers interlaced – for at least 20 seconds. And if you think you need an antibacterial product, here, too, think again: regular soaps work just as well as those marketed as “antibacterial.” In fact, many experts now advise against antibacterial soaps as they’re no more effective, yet may contribute to antibiotic or antibacterial resistance. Finally, dry hands completely – damp ones spread more bacteria than dry ones – using disposable towels, or designate a towel for the exclusive use of each family member during cold and flu season. As we’re in the thick of cold and flu season, now seems a fitting time to talk about germs at home – where they like to congregate, how to prevent their spread, and, by extension, how to minimize the risk of them making you and your family sick.
  • 3. Fully Detached Hunting Equipment Volume 9, Issue 2 3 Home hunting can be an arduous task. To make the process less stressful and more fruitful, here are six things you should consider bringing with you on the hunt for your next address.  A needs/wants checklist. This is a handy way to measure how each property you look at stacks up to your requirements. As well, a checklist will help keep you focused and your decision-making based on your needs rather than on your emotions.  A pen and paper (or more high-tech note-taking device). You’ll no doubt want to take some notes – what you saw that you liked, what would have to change, any concerns you had, questions you’d like to ask – about each home you visit.  A camera. Homes tend to blur together after a while, so taking pictures of their exteriors and surroundings will help you to remember (and distinguish between) each property – just be respectful of sellers’ privacy about interior photos.  A tape measure. You might not need this on your first round of home hunting, but once you’ve narrowed your search down to serious contenders, you might want to know things like how (or even if) your furniture will fit in the space.  Energy-boosting snacks. It’s easy to run out of steam when viewing several homes in a day; plus, it’s hard to focus when you’re hungry. Dried fruit and nuts, yogurt and granola, or whole-grain crackers with cheese are great battery rechargers.  A professional real estate salesperson. If you bring nothing else, bring your real estate representative. Your rep will save you time, by narrowing your home search and keeping you focused, and save you stress along the way. Get packing. Start with the personal stuff: photographs, diplomas, trophies, kids’ artwork, souvenirs, knick-knack collections, etc. With these things gone, it’s easier for buyers to imagine themselves living in the space – and it’s easier for you to picture them there, too. Besides, you’ll have to pack these things up at some point anyway. Redecorate – for buyers, that is. When your property’s on market, its décor should appeal not to you, but to the greatest number of potential buyers: think neutral colors and subdued patterns on walls and floors. When it stops looking like your home, it stops feeling like your home – that’s a step in the right direction for you and for buyers. Adopt a show-ready lifestyle. While your home is for sale, you need to tweak your daily routine so as to be prepared for buyers’ arrival at a moment’s notice. That means making some rooms off-limits, taking the trash out every day, and making beds every morning, for example. With the change in routine comes the needed change in mentality. Ask your real estate sales rep for a report on comparable sales – current sales of properties similar to yours in terms of square footage, number of bedrooms, number of bathrooms, etc. Seeing such a breakdown will help you to paint a picture of your home that’s by the numbers rather than one that’s drawn from emotion. Emotionally detaching from your home is key to remaining objective when setting your asking price and sitting at the negotiating table. Here’s how to stop seeing your home as “your” place, and start seeing it as a product to be marketed and sold like any other.
  • 4. Finished or not, basements add valuable space to a property, but homeowners often overlook this area of the house when preparing to sell. Here are some tips to help get your basement looking its buyer-ready best. Declutter and organize. Most people use their basements for storage. By decluttering and organizing yours, not only will you make it look more spacious, you’ll demonstrate its value to buyers, showcasing a great place to store and organize all of their sporting equipment, holiday decorations, and patio furniture. Clean. Wash floors; vacuum carpets; dust baseboards, furniture, gym equipment, etcetera; clean appliances and mechanical fixtures (e.g. HVAC equipment). By doing so, you’ll remove the “ick” factor, defy buyers’ expectations about basements, and impress upon them the image of a well- maintained house. Lighten and brighten. Open up window coverings, clean windows, and trim any landscaping that’s blocking windows in order to maximize natural light. Outfit fixtures with the brightest bulbs that can safely be used and consider additional lighting to banish the shadows from otherwise dark areas. Paint. A fresh coat of neutral-colored paint on unfinished basement floors and on drywall will help make your basement look cleaner, brighter, and more livable. Set the stage. Demonstrate your basement’s potential. For example, are kids’ toys scattered across your basement? Set them up in a designated play area. Storing excess furniture down there? Create an inviting reading nook. Please call for more “underground” tips today! Underground, Overlooked Terminology Tip ENCROACHMENT — A situation where a structure is built wholly or in part onto an adjoining property. Examples are a neighbor's fence, storage shed, or overhanging roofline that partially (or even fully) intrudes onto your property. It is highly advised to have a professional survey performed before building any type of structure on your property even if you are clearly building on your property. Each city and county has specific codes and easements that are strictly enforced. 4 The information and opinions contained in this newsletter are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This newsletter is provided with the understanding that it does not render legal, accounting, or other professional advice. Not intended to solicit properties or businesses listed for sale and agency agreements in place with other real estate brokers. Whole or partial reproduction of this newsletter is forbidden without the written permission of the publisher. © Market Connections Inc.® 2013, Phone: (800) 387-6058. www.RecineTeam.caMelanie Direct 647-836-4062 Fabio Direct 416-828-5441 Fabio and Melanie Recine Sales Representatives Compliments of Fabio Melanie Recine RE/MAX Premier Inc., Brokerage