T H E B LU F F S M A R K E T R E P O RT B Y A N D Y RY A N PAG E 1 The Bluffs market report Ave. land Mid NOVEMBER 2014 The Bluff fs Blu Rd. ham Mark . ve. E on A t n i l Eg Lake Ontario Sales And Average Prices Keep Rising The Toronto Real Estate Board reported 8,051 sales through the Toronto MLS® system in September 2014. Andy Ryan This result represented Sales Representative a 10.9% increase compared to September 2013. On a year-todate basis through the first three quarters of the year, sales were up by 6.9% annually to 73,465. The average selling price for September 2014 transactions was $573,676, up by 7.7% compared to the same period in 2013. The average selling price year-to-date was $563,813, up 8.5% compared to the first nine months of 2013. If the current pace of sales growth remains in place, we could be flirting with a new record for residential sales reported by TREB Members this year. On the pricing front, the multitude of willing buyers in the marketplace coupled with the short supply of listings will continue to translate into very strong annual rates of price growth in the fourth quarter. GTA Resale Home Sales GTA Average Prices The Role Of The Lawyer When Buying in residential real estate is essential in ensuring that the transaction goes through smoothly and that there are no unexpected – and perhaps unpleasant – legal issues later on. A lawyer will take care of transferring the title to your name, and will make certain that all of the appropriate taxes and fees are paid. In addition, a lawyer will check that the title is free and clear of liens and other encumbrances that may be attached to the property. You may have heard the expression, “A lawyer who represents himself has a fool for a client.” What’s the message? Even lawyers need lawyers. When you purchase a new house or condo, you do too. A lawyer who specializes 2013 (Source: Toronto Real Estate Board) 2014 2013 12,000 650,000 10,800 585,000 9,600 520,000 8,400 455,000 7,200 390,000 6,000 325,000 4,800 260,000 3,600 195,000 2,400 130,000 1,200 65,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC What’s your home worth? 0 2014 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Those are just the basics. A lawyer will also take care of a myriad of other financial, legal, regulatory and administrative matters related to your purchase of the property. Your real estate lawyer will also be available for consultation should something concern you after you move in. How do you find a good real estate lawyer? A REALTOR® who specializes in this neighbourhood will help you with recommendations. Call today. Words of Wisdom For a free evaluation visit www.bluffshomes.com or Call “ Life’s like a boomerang. The more good you throw out, the more you receive in return.” Josh S. Hinds “ Prepare your mind to receive the best that life has to offer.” Ernest Holmes Andy Ryan Sales Representative aryan@trebnet.com 416.298.6000 www.bluffshomes.com T H E B LU F F S M A R K E T R E P O RT B Y A N D Y RY A N Leading Edge Realty Inc., Brokerage PAG E 1 T H E B LU F F S M A R K E T R E P O RT B Y A N D Y RY A N The Andy Ryan Team #1 Cliffcrest Realtor * Mark Butkovich Andy Ryan Muriel Bell *For the years 2008, 2009, 2010, 2011, 2012 and 2013, I represented more Cliffcrest home owners in the sale of their home than any other Realtor from any company. If you are thinking of selling your home, I would appreciate the opportunity to serve you. PAG E 2 Another Happy Client “I made a smart decision when I listed my house with Andy Ryan and his Team. Andy began the process and one week later my house was sold. His team was supportive and the sale was timely and much less stressful than I had expected. Andy certainly is a knowledgeable and effective realtor.” ~ Susan Parks Andy Ryan SOLD SOLD DESIGN BUILD RENOVATE 53 Lampman Dr. 3 Bedroom, Ranch Bungalow On A Prestigious Tree Lined Street In Heart Of Cliffcrest. 4-Bedroom, In The Heart Of Highland Creek. Large Principal Rooms With 9 Foot Ceilings. Pool Sized 37x124 Ft. Lot. SOLD SOLD 416.573.0993 inkpro@rogers.com Professional workmanship in the Bluffs for over 20 years! Roger Inkpen ZINATI KAY LAWYER 14 McNab Blvd. Barristers & Solicitors www.zinatikay.com REAL ESTATE Trust us to handle your purchase or sale with professional service at a reasonable price. 78 Oakridge Drive 2 Marlawr Gate 3-Bedroom, Ranch Bungalow Located On A Very Quiet Tree Lined Street. Open Concept Layout, Large Eat-In Kitchen. Well maintained 3 bedroom brick bungalow with garage on 50x150 ft lot. First time for sale in 40+ years. John Zinati, B.A., L.L.B. Tel: 416-321-8766 • Fax: 416-321-8267 SERVING THE BLUFFS To find out how to maximize the sale price of your home and for free real estate reports visit www.bluffshomes.com Andy Ryan Sales Representative aryan@trebnet.com 416.298.6000 www.bluffshomes.com T H E B LU F F S M A R K E T R E P O RT B Y A N D Y RY A N Not intended to solicit buyers or sellers currently under contract.©Morris Real Estate Marketing Group. Leading Edge Realty Inc., Brokerage PAG E 2 M1058-H1