Thursday 19 January 2012

Search Whitby MLS listings

Searching for a home?




If you want a great site to search for houses, townhouses or condos in Whitby and other areas in Durham Region, check out:



www.Your-Home-Search.ca




- Search listings 24/7 on your own 


- Let me send you the best listings


- Receive my Home Buying Guide







Monday 16 January 2012

High Security Electronic Lock Boxes


High Security Electronic Lock Boxes a Big Success with Williamsburg Whitby Clients!

We have been using our high security lockboxes for 5 month’s with resounding success. Feedback from clients has been fantastic; they can’t speak enough to the peace of mind this premium service gives them.

Re/Max Rouge River Realty Ltd, brokerage is the first broker in the GTA to implement a new generation of high security, controlled access electronic lockboxes.

With all of my listings, homeowners gain security with these electronic lockboxes. They feature:
  • Access codes change every 24 hours
  • Made with high security heat treated steel alloy
  •  The locking shackle is very strong and bolt cutter resistant
  •  The Homeowner has Do Not Disturb feature to prevent access
  •  The Lockbox is set-up specifically for your home using a smart-chip encrypted card
  •  My office knows the exact time of each showing and how long they were in your home
  •  My brokerage is the only company in the GTA, providing Seller’s with this technology
  • I install these high-security lockboxes on all of my listings!


If you are thinking of selling and would like to take advantage of this security product and my professional services please contact me today.

Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage, Whitby
905-668-1800 or 905-427-1400



Williamsburg Neighbourhood

The Williamsburg neighbourhood is located in northwest Whitby. The neighbourhood has almost 2400 homes, that consist of freehold townhouses, links, detached and executive homes on large lots. Residents know the neighbourhood is desirable and the houses tend to sell quickly.

The community is served by several schools. Williamsburg in Whitby has three primary schools: Captain Michael VandenBos Pu
blic School, Williamsburg Public School, St. Luke The Evangelist Catholic School. There are two secondary schools within the desirable community: Donald A. Wilson Secondary School & All Saints Catholic Secondary School.

There are three nice parks: Baycliffe Park-which has a distinctive spaceship playground, Country Lane Park- which has two baseball diamonds and Medland Park-which has a playground and a soccer field.
 
If you are interested in either buying or selling, contact me at ReMax Rouge River in Whitby. I have 22 years of local experience and always work in the best interests of my clients.



Randy Miller
Sales Representative
ReMax Rouge River Realty Ltd., Brokerage in Whitby
905-668-1800 or 905-427-1400




Mortgage Rates Drop

Mortgage Rates Fall to a Record Low!

A strong international demand for bonds from Canada's biggest banks is trickling through the system and pushing mortgage rates to record lows at the consumer level.

The Bank of Montreal was the first bank to offer a five-year fixed mortgage rate to 2.99% last Thursday. This is the lowest posted rate from a major bank in Canadian history.

TD followed suit by lowering their four-year fixed rate to 2.99 per cent on Friday afternoon.

BMO's offer, which ends Jan. 25, and it carries many restrictions. For example, lump sum payments are limited to 10 per cent of the principal each year. The mortgage is also based on a 25-year amortization period. TD's offer is open until Feb. 29, 2012. It's also for a four-year term, much less common than the standard five-year.
The lower mortgage rates are the results of a broader trend in which international bond investors are gobbling up Canadian offerings at record levels because they're generally perceived as being safer than bonds from other countries..

Low rates may be around for some time, but it is critically important for homeowners to look beyond the mortgage rate and review the conditions and restrictions of these special products.

Shopping for a mortgage can be confusing, the product features vary significantly. If you wish to re-finance, or you want to move and take advantage of these low rates, contact me.

I can refer you to a mortgage specialist that can explain the products and help you choose the right mortgage product.

Randy Miller
Sales Representative
ReMax Rouge River Realty Ltd., Brokerage in Whitby
905-668-1800 or 905-427-1400

Friday 13 January 2012

2011 Was a Great Year - Prices and Sales Were Up!

Second-Best Year on Record for Sales

Greater Toronto REALTORS® reported 4,718 transactions through the TorontoMLS® system in December 2011. The December result capped off the second-best year on record under the current Toronto Real Estate Board (TREB) boundaries. Total sales for 2011 amounted to 89,347 – up four per cent when compared to the total for 2010.

The average selling price in December was $451,436 – up four per cent compared to December 2010. For all of 2011, the average selling price was $465,412, an increase of eight per cent in comparison to the average sale price of $431,276 during 2010.



Low borrowing costs helped both first time buyers and move up buyers participate in the marketplace “Months of inventory remained below the pre-recession norm in 2011. Very tight market conditions meant substantial competition between Buyers and strong upward pressure on selling prices during periods of the year,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “TREB’s baseline forecast for 2012 is for an average price of $485,000, representing a more moderate four per cent annual rate of price growth. This baseline view is subject to a heightened degree of risk given the uncertain global economic outlook,” continued Mercer.

Durham Region sales returned solid and stable results. Total sales with Durham Region during 2011 totaled 9,807, up almost six percent from the 9,242 sales recorded during 2010. The average sale price recorded during 2011 was $317,232, up five cent from the average sale price of $299,448 achieved during 2010.



Looking forward, it appears that 2012 should return similar results within Durham Region. The appreciation achieved during 2011 is in line with the results recorded during most years in the past decade. Real estate in Durham is stable and the market continues to grow. Additional infrastructure such as highway 407 is expected to boost demand within the region. Unlike other investments, real estate continues to offer homeowners very solid and stable appreciation.



For more insight into the local real estate market with Durham Region, contact me at:

Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage, Whitby
905-427-1400 or 905-668-1800