Toronto Real Estate Update Summer 2014

Buying a home? Click here to search all homes on the MLS Selling a home?  Click here for a free home value estimate.  Call us at (416) 438-2536 for a FREE home buying or selling consultation Toronto Real Estate Update Summer 2014Before I get to all the exciting news about the Toronto real estate market, I would first like to share with you some exciting news from my own office. We have recently completed construction of our brand-new website. This is the most innovative real estate tool I have ever seen and will be very helpful to you. I'm very impressed not only with its utility and design, but its moxy as well.Now on to the market update. We are in the midst of our busiest season of the year and the market is as hot as it has ever been. What does that mean to you? It means that now is the perfect time to act if you have been debating on purchasing a new home. Interest rates are projected to go up soon, which could prevent you from purchasing your ideal home.Waiting even another year to enter the home buying market could result in you paying a 1.3% higher interest rate and another $40,000 on your home. That's an extra $500 a month on your home payment! In other words, you could buy a brand new car with the money you would be saving by purchasing now.If you would like to get in touch with me for a FREE consultation about what your best option is in terms of purchasing a home, please give me a call or email and I can assist you today!