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April 2006

Updated 2nd week of every month



~ Sales Up 10% Over 2005 ~

Wednesday, April 5, 2006 - TREB Members reported 8707 sales of existing homes in March, a 10 per cent increase over the 2005 total of 7904 Toronto Real Estate Board President John Meehan announced today. "The March performance is the second best ever recorded for the month," Mr. Meehan said. "Furthermore, year-to-date we have seen 19,831 sales, which is the best first quarter result since statistics have been kept."

 Prices steadied last month, with the average registering at $353,134, almost the same as in February and up seven per cent from the $330,545 recorded in March of 2005. Inventory climbed four per cent over last March to 22,765 .

A Break Down Of The Total Sales Is As Follows:

TREB's - 28 West Districts had: 3281 sales With an average of - $334,274
TREB's - 14 Central Districts had: 1558 sales With an average of - $458,623
TREB's - 23 North Districts had: 1710 sales With an average of - $381,774
TREB's - 21 East Districts had: 2158 sales

With an average of - $282,954

Average Days-On-Market in February was 30


Web-Site Of Interest:

Cambridge Metalsmiths - Personalized Cast Metal Signs.



Mortgage Rates - Nino Pasquariello - Scotiabank

Rates As Of April 7, 2006

Nino will guarantee these rates for 120 days for any"confirmed" client of Rosemary Wright if you bring this newsletter with you!

These "Preferred Rates" are available for new mortgages for any of my clients who bank with Nino Pasquariello, Senior Bank Manager of Scotiabank & Trust. Nino's office is located at 2200 Yonge Street (at Eglinton) in Toronto.

(Bus): 416-932-3885 #7000 (Fax): 416-932-3167

E-Mail: nino.pasquariello@scotiabank.com

Scotiabank Web-Site: www.scotiabank.com

Find The Best Way To Use "Your" Money

6 Month Open 7.85%
6 Month Convert. 4.90%
1 Year Open  8.05%
1 Year  Closed  4.95%
2 Year Closed 4.95%
3 Year Closed 4.90%
3 Year Ultimate Rate 4.75% (Prime 5.25% minus .50%) or (Prime 5.25% with1.50% Cash Back). - Cap Rate 6.20%
4 Year Closed 4.85%
5 Year Closed  4.95%
5 Year Flex Value  Prime 5.25% - 0.75% = (Currently - 4.50%).
7 Year Closed 5.30%

Please Note: We are unable to guarantee the rate on the Prime Based Variable Rate products. Rates will be based on Prime at the time of the mortgage closing. We are able to guarantee the Cap Rate on the 3 Year Ultimate Rate Mortgage for 120 days from the date of your application.



Stacy McLennan Interiors

Spring is finally here!! I don't know about you, but I can't wait to get outdoors! Here are a few easy ways to turn your backyard into a cozy new addition to your living space.

  • Cluster small seating arrangements in different areas of the yard to create cozy corners for relaxing with a book or to catch a snooze.

  • Keep the fabric on your general seating cushions neutral and add a splash of colour with accent and throw cushions

  • Add "mood" lighting with candles or garden lamps for a soft glow at night.

  • Hang an old salvaged mirror or an interesting piece of artwork as a focal point. Be sure it's suitable for outdoor use, or just bring it out for those special outdoor occasions.



Stacy McLennan

Look for more helpful hints next time!

Bus: (416) 769-0902   Fax: (416) 769-0428

Email: smi@rogers.com  Web Site: stacyminteriors.com


Home Inspection Companies:

1) National Home Inspection (416) 467-7809 nationalhomeinspection@sympatico.ca
2) Carson & Dunlop (416) 964-9415 inspection@carsondunlop.com
3) Baker Street Home Inspection (416) 483-3535 info@bakerstreet-hi.ca
4) Aetna Pest Control (Termites) (416) 469-4111 info@aetnapest.ca


Business Of The Month:

"Granite Transformations"

Wayne & Barbara Lowe

"The Countertop That Fits On Top"

Granite Transformations specializes in providing 1/4" granite slabs directly over laminate or tile countertops. Because no demolition takes place, there is very little mess or disruption. You get beautiful fit and finish with a minimum of inconvenience.

1313 Speers Road, Oakville L6L 2X5

  Website:  www.granitetransformations.com
E-mail: granitetransformations@bellnet.ca

(Bus) (905) 847-3554



~ Complaint Sheet ~

Remember it takes a college degree to fly a plane but only a high school diploma to fix one. Reassurance for those of us who fly routinely in our jobs. After every flight, Qantas pilots fill out a form, called a "gripe sheet" which tells mechanics about problems with the aircraft.The mechanics correct the problems, document their repairs on the form, and then pilots review the complaint sheets before the next flight.

Never let it be said that the ground crews lack a sense of humor.

Here are some actual maintenance complaints submitted by the pilots of Qantas - (marked with a P) and the solutions recorded (marked with an S) by the maintenance engineers. BTW

- Qantas is the only major airline that has never had an accident.

P: Left inside main tire almost needs replacement.
S: Almost replaced left inside main tire.

P: Test flight OK except auto-land very rough.
S: Auto-land not installed on this aircraft.

P: Something loose in cockpit.
S: Something tightened in cockpit.

P: Dead bugs on windshield.
S: Live bugs on back-order.

P: Autopilot in altitude-hold mode produces a 200 feet/minute descent.
S: Cannot reproduce problem on ground.

P: Evidence of leak on right main landing gear.
S: Evidence removed.

P: DME volume unbelievably loud.
S: DME volume set to more believable level.

P: Friction locks cause throttle levers to stick.
S: That's what they're for.

P: IFF inoperative.
S: IFF always inoperative in OFF mode.

P: Suspected crack in windshield.
S: Suspect you're right.

P: Number 3 engine missing.
S: Engine found on right wing after brief search.

P: Aircraft handles funny. (I love this one!)
S: Aircraft warned to straighten up, fly right, and be serious.

P: Target radar hums.
S: Reprogrammed target radar with lyrics.

P: Mouse in cockpit.
S: Cat installed. And the best one for last ...

P: Noise coming from under instrument panel. Sounds like a midget pounding on something with a hammer.
S: Took hammer away from midget.


Neighbourhood Corner:

The Beaches & Riverdale

The Beaches (E02) experienced 226 sales in the first three months of 2006 for an average price of $454,495, up 10 per cent over 2005's $411,203 first quarter figure. Detached homes in The Beaches averaged $615,780 and semis $408,898. Riverdale (E01) recorded 224 sales during the same time-frame, up 15 per cent over the January to March period of 2005. Detached homes averaged $390,388.


 



Business Referrals:

Client & Networking referrals are the foundation of a successful real estate agent's career.  Over many years in this industry I have enjoyed the confidence and repeat business of my clients. I appreciate your on-going support and want you to know that I will always look after friends and colleagues you refer to me with professionalism, care and respect.


Rosemary Wright

Sales Representative - Sutton Group-Bayview Realty Inc.

Bus: (416) 483-8000

Fax: (416) 463-0159

Direct Page: (416) 582-1216

"Professional Service With A Personal Touch"


This newsletter is never sent unsolicited. If you wish to be removed, please reply to this e-mail with the words: "Remove from Newsletter" in the subject line or call me at (416) 483-8000 to request removal.

The intent of the newsletters - "Real Estate Bits " & "Real Estate Bits -2" is to provide information to you regarding real estate. Personal details such as your name, contact information and address are never revealed to anyone without your consent. In accordance with the new Privacy Act, your consent must be given (either implicitly or explicitly) to receive these newsletters. If you do not want to receive my newsletters - please notify me. My newsletters are not intended to solicit Buyers or Sellers who are currently under contract with any Broker.

The information and opinions contained, statistics and articles are courtesy of TREB, CMHC or other individuals or companies and are believed to be reliable, but their accuracy is not guaranteed. Sutton Group-Bayview Realty Inc. and Rosemary Wright accept no responsibility whatsoever for any loss arising from any use or reliance on the accuracy and timeliness of the information contained herein. Every endeavour is made to ensure accuracy. These newsletters do not render financial, legal, accounting, home inspection or professional advice. They are for general educational purposes only. They do not offer do-it-yourself advice. We encourage you to always contact the appropriate professionals or specialists to address your individual needs.

 
"Real Estate Bits" Newsletters

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Sutton Group-Bayview Realty Inc., Brokerage
Independently Owned And Operated

(Bus): (416) 483-8000
(Fax):  (416) 463-0159
1820 Bayview Avenue
Toronto, ON, Canada

 

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