Saturday, May 25, 2013

Open Letter to Mayor Rob Ford

Dear Mayor Ford,

It is with great concern for our wonderful city that I am writing this open letter to you.

I listened to your response today about the allegations that have been made about your possible substance abuse and was very disappointed with your public statement.  While you addressed the crack cocaine issues, you completely avoided the broader issue of possible substance abuse, or other personal issues, that may be of concern to the citizens of Toronto.  These are concerns not only raised by the media, but also by members of your council and your inner circle.

You, as the Mayor, should be representing our city in a professional and positive manner.  You are not doing this by being evasive.  You are only creating more questions, and in doing so, are doing a great disservice to our city.

Further to this point, you have not been representing us, your constituents, in a positive manner for quite some time.  You always look completely dishevelled and often look like you have had too much to drink, or have some other problem that creates that appearance.

There is no excuse for a person in your position of importance to not be well dressed, and to present themselves in best light, when publicly representing the city of Toronto.

You are a person of reasonable wealth, so there is no excuse for you to not have clothing that fits properly and looks good.  Quite frankly, your public appearance is a disgrace.

If you want to continue to represent our city it should be your duty to ‘clean up your act’ both in the way you look and in the way that you behave.

I am proud of Toronto, but I am not proud of the Mayor, neither the ways he looks nor the way he behaves.

Your obligation should be to clean up your act, or quit!

Sincerely,


Armand Gilks
100 ft of Waterfront on Lake Simcoe 

This is a very comfortable, well maintained, home on one of the most desirable bays on southern Lake Simcoe. 4 bedroom.  Multiple walkouts to a fabulous deck overlooking the water.  Includes a boathouse with marine railway and living quarters above the boathouse.

One hour from Toronto.  Just think about relaxing after a long days work, looking out over your own 100 ft. of waterfront on this pristine bay.

Check here for more information.  Or simply call me at 416.561.2710

Offered at $999,500
Georgian Bay/Muskoka Cottage 
Very well maintained and comfortable winterized cottage located two hours drive north of Toronto on Healey Lake  Safe, quiet, south facing bay near the west end of the lake.

Main cottage has 3 bedrooms plus a separate "bunkie'. Two full bathrooms.

Safe drinking water (UV water system). Large capacity septic system.
Fully furnished, just move in and enjoy.  Safe swimming, boating and fishing.
Single slip boathouse.  Large, well equipped workshop with a drive through bay for winter snowmobile mainteneance.

Two main sitting/entertaining areas overlooking the lake.
Screened in sunroom overlooking the lake.
Large deck with BBQ.  Hi Def Sattelite TV.

Click here for more information

Offered at $299,000

May 2013 Toronto Market Update


Well, we are finally heading into summer and the "spring" market is in full force.  It's a good market in that there are a lot of buyers looking, but we still have a shortage of available homes in the more affordable price ranges. Sales activity was stronger in April than earlier in the year as you will see in the numbers below.

Selling prices continued to be positive with the exception of detached homes in the 416 area code.  The price declines that we see reflect softer prices for homes above 1.5 million dollars.  Generally speaking, houses below a million dollars are selling very well and we are seeing a lot of multiple offers in the 600k tp 900k range. Many of these are selling for 50 to 150,000 above asking prices (hello lack of inventory!)

Thiis can be an ideal time if you are thinking about trading up.  You can be in a beautiful new home and capitalize on an advantagious price spread.

Preparing your home for showings can be a lot of work, especially if you have kids running around.  This month's article discusses strategies to help you prepare your home for show with kids in tow.

We also share a few valuable debt management strategies as well as some tips on how to seasonally transform your home with a fresh spring theme.

Thanks so much for checking out this month's newsletter.  Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Sincerely,
Armand
In this issue...
Toronto Real Estate Market Report 
Greater Toronto Area sales through the TorontoMLS system were 9,811 in April 2013.  This represented a dip of two per cent in comparison to 10,021 transactions in April 2012.

Both new listings during the month and active listings at the end of April were up on a year-over-year basis. However, listings were still below the norm for this time of year.

“Despite the headwinds we have experienced in the housing market this year, April sales came in quite strong in comparison to last year.  As we move through the spring and into the second half of 2013, the demand for home ownership should continue to firm-up relative to last year,” said Toronto Real Estate Board President Ann Hannah.

“It has been almost a year since the federal government enacted stricter mortgage lending guidelines.  It is realistic to surmise that some households, who originally put their decision to purchase on hold, are once again looking to buy,” continued Ms. Hannah.

The average selling price for April 2013 transactions was $526,335 – up by two per cent in comparison to April 2012.  The MLS® HPI Composite Benchmark Price was up by 2.9 per cent.

“The condominium apartment segment in the City of Toronto was a key driver of price growth in April, with both the average selling price and the MLS HPI apartment index up on a year-over-year basis.  The improved condo sales picture, with Toronto sales down by only one per cent compared to last year, suggests that interest in condo ownership may be improving," said Jason Mercer, TREB's Senior Manager of Market Analysis.
Activity by Type of Home - April 2013 
Below is  breakdown of sales and price activity by type of home and region for April 2013 vs. 2012.
TorontoMLS Sales & Average Price

Sales / Average Price
                          416                         905                         Total 

Detached            1,264                     3,675                     4,939
Yr./Yr. % Change  -11.8%                  2.5%                      -1.6%
                           $852,090              588,784                 656,170
                            2.5%                      2.2%                      1.1%

Semi-Detached     415                         681                       1,096
Yr./Yr. % Change   -5.5%                    1.3%                      -1.4%
                            $595,398              410,739                 480,660
                              2.4%                      4.3%                      2.7%

Townhouse          398                         1,123                     1,521
Yr./Yr. % Change   -3.6%                     -1.2%                    -1.9%
                             $433,710              375,269                 390,562
                              2.3%                      3.5%                      3.1%

Condo Apartment 1,479                     582                         2,061
Yr./Yr. % Change   -1.3%                     -7.3%                     -3.1%
                             $379,266              273,832                 349,493
                             5.6%                      -5.9%                     3.1%