March 2003

~ February Deep Freeze Fails To Chill Housing Market ~

TREB President Ann Bosley has reported that TREB Members sold 5965 single-family dwellings during the month of February. "While not a record for the month (the figure is down 13% from February 2002's best ever figure of 6866) this is still a very healthy result given the extreme cold and the snowfall that the GTA has experienced over the past several weeks".

But while sales volume was down - prices continued their upward march - with the average moving to $289,954 - up almost 3% over December's figure of $281,292 and up 7% over February 2002. The median price also increased to $248,300 - up 2% from last month.

Multiple offers continue to be a factor in Toronto's Real Estate Market - but as I have said many times before - not all properties sell in a bidding war. Now, more than ever, if you are a Buyer, it is essential to have a good plan in place when entering the market. Be patient with the process, don't get discouraged if you lose a house in a multiple offer scenario - another property will come along. If you are a Seller - be realistic about the house that you are bringing to market, look carefully at the data on your street, take the time to get your property "Market Ready" and then be patient while you wait for an offer.

As always - please call me or E-mail if you have any Real Estate related questions. or concerns!

Web-Site Of Interest: www.pcfirecode.com A reminder from Paul Schuster - The "Fire Guy" not to use a cell phone while at the gas station & an excellent article at www.pei.org about the possible dangers of static electricity at the gas pumps. Always, better safe then sorry!

Rates As Of March 7, 2003:

Glen will guarantee this rate for 120 days if you bring this newsletter along with you.

These ‘Preferred Rates’ are available for new mortgages for any of my clients who bank with Glen Travers, Senior Bank Manager of Scotiabank & Trust.  Glen’s office is located at 2200 Yonge Street (at Eglington), Toronto.

(Bus):  416-932-3034  (Fax): 416-932-3167

Homeworks ... Thermostats:

Modern thermostats for heating or air-conditioning systems rarely break down. The only maintenance required is an occasional light cleaning. Never attempt to repair a defective thermostat - instead replace it with a new one and be sure that it is the correct voltage and type for your heating/cooling system. There are many types available from very simple, but functional ones to the more sophisticated, programmable types that control the heating and cooling in your home according to your work and at home schedules. Every year when you have your furnace and air-conditioning systems serviced - remember to have your technician check and clean the thermostat as well!

National Home Inspection: (416) 467-7809

Ms. Helen Dokos

The Riverdale Spa

682 Broadview Avenue - Toronto (416) 465-2916.

24 Years Of Experience... "Beautiful & Healthy Bodies For Men and Women.

For All You Guys Out There!

Dangerous: What's for dinner? Safer: Can I help you with dinnner. Safest: Where would you like to go for dinner?

Dangerous: Are you going to wear THAT? Safer: Gee, you look good in brown. Safest: Wow! Just look at you!

Dangerous: What are you so worked up about? Safer: Could you be over-reacting? Safest: I agree with you 100%.

Dangerous: Should you be eating that? Safer: Dear, there are lots of veggies left. Safest: Another glass of wine?

Dangerous: What did you do all day? Safer: I hope you had a rest today. Safest: Honey, love you in that bathrobe!

Neighbourhood Corner - Unionville:

In the Unionville area (the Western portion of N-11) sales so far in 2003 have been tilted heavily towards single-detached homes. The average price of these is $406,778 and the median price is $370,000. The most expensive sale of the year is %540,000. The average-time-on-market is 17 days - much less than the city-wide average of 32 days. The average yearly taxes are $3809.00

Please Call Me With Any Real Estate Questions.

I’m Always Here To Help!!!

-Rosemary Wright

• Full time agent for 17 years.
• Active in Riverdale/Danforth, Central Toronto & Beaches, High Park, Bloor West Village & Roncesvalles.
• Fully computerized home office.

Memberships:

• Toronto Real Estate Board.
• Ontario Real Estate Association.
• Canadian Real Estate Association. 
• Member of SOLD (Sutton On Line Directory - across Canada agent referral network.)
• Referral Network to related Real Estate Professionals & Trades.

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 & repeat business of my clients. I appreciate your on-going support and want you to know that I will always look after friends & colleagues you refer to me with professionalism, care and respect.