Providing Real Estate Services Since 1991
September 20th, 2018 
Dan Giannini
Sales Representative

RE/MAX Professionals Inc., Brokerage

office:416.232.9000
cell:416-432-9587
fax:416-232-1281
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ONE ECONOMIST DESCRIBES THE GTA MARKET AS BALANCED LEANING TOWARDS A SELLER'S MARKET
Wednesday, 19 September 2018, 12:36:32 PM
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I just read an economic report that describes the GTA market as balanced for now but moving towards a seller's market.

The stringent lending rules are responsible for this. As we move away from the initial impact things are picking up where they left off. Perhaps at a slower pace but upward none the less.

I feel we have a little more room in this seller's market before we see any real change.

Dan 416-432-9587  

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PEST CONTROL!!! YA I GOT TO TALK ABOUT IT!! I WISH I DIDN'T HAVE TO!!!
Wednesday, 19 September 2018, 10:34:56 AM
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If you own a house sooner or later you are going to have pests!

I have had to deal with this problem since the very first investment property I bought!

In the short run I have had it under control. In the long run they always come back!

You must stay on top of them in an on-going basis. The same way you deal with weeds in the garden or a routine maintenance regime. Keep inspecting for them and keep doing the things that work to keep them away. The minute you stop is the minute they will start to come back.

Cut back shrubs, clear away debris and food that attracts them, set traps where there are signs of them. The list of things goes on and on. I can't think of any other remedy right now but if you have a specific question please call me so that I can give you my take on it.

When you start to have this problem it never really goes away. You must follow a regime of pest control to keep them forever away. Make it a routine just like cutting the grass and clearing the gutters.

The worst case I have experienced was from a family of raccoons. They did $9,000.00 worth of roof damage to one of my houses. Less than four months after I eradicated them, they were back trying to get into the same roof. Squirrels are an ongoing problem somewhere else I own. They have been a pain there for some 25 years. But I keep on top of them. Mice and rats well they present their own challenges. I can honestly say that I manage to woop them too.

I just can't stop! If I do, they win! The cost to property can be extensive!

I can't stop and neither should you if you have them! Call me if you need advise.

Just another important maintenance routine all property owners must do.

Dan 416-432-9587     

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I JUST READ SOMETHING ABOUT FIRST TIME BUYERS ARE WORRIED ABOUT ENTERING THE MARKET
Posted on Tue, 18 Sep 2018, 02:31:27 PM  in Home buying tips

Some survey out there has just revealed that first time buyers are anxious about entering the market. Many are afraid that they may be making the wrong decision.

You know years ago, when I bought my first house things were not perfect then either. I was dealing with double digit interest rates, worried about my job and all the rest of it too.

Sometimes you just have to jump in head first and hope for the best. If you are too cautious nothing will ever get done. If you wait for all things to be perfect you may never buy a house.

Sure I had to scramble at times and did not know how to keep things together. Somehow I did keep it together. I never missed a payment and paid everything off in time.

I took that first step and kept going from there.

This is the type of attitude that a first time buyer needs.

If you can qualify for a mortgage and are prepared to stay with it for the long haul, then do it! Jump in and don't look back! Keep making your payments month in and month out. Next thing you know it will be paid off!

Dan 416-432-9587

 

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THOSE IN THE KNOW DESCRIBE OUR HOUSING MARKET AS HEALTHY!
Monday, 17 September 2018, 11:33:07 AM
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I just read an economic outlook that described the GTA market as healthy.

I would tend to agree with this statement.

Stringent lending rules have kept the housing market somewhat subdued.

As a result of this our household debt is lower. The cost of servicing our existing debt is going up because our mortgage rates are going up. Despite this fact all indications point to the positive.

Our economic expansion is on the upswing with a robustness that has not been seen for a while.

It would seem that our fall market should continue as it has in the past several seasons without any great surprises to disrupt anything.

Dan 416-432-9587

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HOW DO I CHOOSE A NEIGHBORHOOD TO LIVE IN?
Posted on Sat, 08 Sep 2018, 12:11:07 PM  in Home buying tips

Deciding where to buy can be difficult!

As a buyer you have a certain criteria of needs that must be met!

Close to work, close to family and friends or close to my social activities are all important points to keep in mind. The list is definitely not limited to these few points.

How do you decide where to buy?

If you spend time in an existing neighborhood that you like then the decision is easy. Buy in this neighborhood.

As a buyer first pinpoint your wants in clear concrete terms.

When looking at houses see how the particular property meets these needs.

Do you get that happy feeling when you are at the property?

I always tell my buyers to let their heart be their final decision maker!

Works every time!

Dan 416-432-9587

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The Summer Numbers Are In For Sales Activity In The GTA
Posted on Sat, 08 Sep 2018, 10:15:33 AM  in Home buying tips

I just saw some figures for the sales activity over the summer for the GTA. 

Sales volume is up some 8% and prices have risen just under 5%.

To me this seems like a healthy market environment.

If I was someone thinking to sell these are good indicators for doing so.

This has been a seller's market for about a decade now and should continue to be so for a little while yet. How much longer is anyone's guess. Prices for now are holding and should stay like this for the fall market.

Are you a buyer and want to find something before the year is over?

Why not if you can afford it! No one has a crystal ball to predict the future. Having said this does not mean a buyer should not enter the market at this time.

As an older agent that has seen many different types of markets, I am suggesting buyers be cautious! Lenders are demanding this as well.

If you have your finances in order and are sure you can afford the property even in a down market cycle, then go ahead and buy!

Being cautious and prudent does not mean being afraid to buy.

On the contrary!

Buyers today are bold and sure of their future!

If the bank says you qualify for the mortgage then do not let anything keep you from what you want! 

Dan 416-432-9587

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DIFFERENT MARKET ENVIRONMENTS CALL FOR DIFFERENT MARKETING STRATEGIES!
Posted on Fri, 07 Sep 2018, 10:09:28 AM  in My services

Many of my fellow agents are saying they find this market tough! Lending institutions are no help these days. I agree this is a tough market, but one that I have seen before and as a result know how to tackle it.

These are interesting conditions for those in the real estate market. Buyers and sellers can both be effected by the strict lending rules. Hazards exist at every turn and the client can be negatively effected.

Experience in this type a market is the best asset. A shiny new  car or glossy pictures or perhaps a video from heaven are all nice but not the answer at this time. Knowing what to do when the deal does not close on the set date is the real tool needed at this time.

A difficult market this certainly is. One that can be managed with the right tools!

Let my many years of experience be your greatest asset!

Dan 416-432-9587

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MY GREATEST ADVANTAGE IN BUYING OR SELLING REAL ESTATE IS MY EXPERIENCE!
Posted on Fri, 07 Sep 2018, 09:12:18 AM  in My services

I woke up this morning and a question popped into my head. What do I really offer my client?

In a word, experience! I have been buying and selling real estate for the public since 1991. I have been buying and selling property for myself since about 1982. I have bought and sold a lot of property in a lot of different markets. Buyer's markets, Seller's markets, level markets, in economic booms and in economic busts. 

I guess my greatest asset is what is built up between my ears and is put to use at the appropriate time.

My strongest desire is to have my clients look back on the deal we did together, years after it was done and feel I did the best for them. If I can deliver them a worry free experience and the best possible outcome for them, I am happy!

I try to do this in the most cost effective way!

In real estate as in many other industries there are many ways to do the same thing.

I try to get the best deal for my clients in a most economical way possible.

This is how I go about buying and selling property for myself and this is the way I do it for my clients as well. 

In the end more dollars in your pocket and the home you want without any trouble is what the goal is!

Dan 416-432-9587 

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IT'S SEPTEMBER AND STILL REALLY WARM. IS IT TIME TO START GETTING OUR HOMES WINTER READY?
Tuesday, 04 September 2018, 11:46:40 AM
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Well here we are in September and heading into the fall season. Is it too early to start thinking about getting our homes winter ready? Maybe it is but home maintenance should not be a seasonal thing. Keeping your home in top shape must be an on going thing. Something that you attend to throughout the year.

The colder months are just around the corner regardless of what the weather man is saying today.

At the most simplest level make sure the furnace will get you through the cold days ahead.

Make sure your outer envelope is sealed tight against the elements. Roof good, basement water proofed, windows and doors functioning properly and so forth.

Just take a critical look along the inside and outside of the house to make sure you will be comfortable this winter.

Now that all of that is done focus on your yard maintenance regime.

Cut, clean, prune and wash all that needs it. Make your home sparkle in the neighborhood. It does not have to be the best house on the street but it can be the best kept house on the street.

Once all this is done, you can take in some of the many fall fairs that are taking place in our community.

Everything tastes and feels a little better when the air gets a little cooler.

Enjoy!

Dan 416-432-9587

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THE PUBLIC IS CONCERNED ABOUT THE HIGH COST OF REAL ESTATE IN THE GTA
Monday, 27 August 2018, 01:29:24 PM
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Whether you are buying or renting in the GTA, it is expensive. It is going to stay expensive for a little while yet. A few years from now and we may all be saying something different.

The market will eventually correct itself! If allowed to function freely, supply will always outpace demand in the long run.

Having experienced this type of market before I know that there are alternatives to the status quo.

If you are a buyer do not enter the market unless you are sure of your finances!

You don't have enough money then do not enter the market! 

If you have limited resources, only spend well within your means! You can always upgrade when your financial situation becomes stronger.

Consider looking on the outskirts of the GTA. Nothing is forever and compromises made now will lead to rewards later.

All these points apply to renters as well. Be flexible and patient. 

In my opinion these market conditions are here to stay for a while yet. When the real estate cycle changes to a more buyer's market you will be able to take advantage then.

For the next few years be patient and don't do anything you may regret later. Something like spend too much money now. Nothing is forever and that includes this current market!

Dan 416-432-9587  

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