“Education mitigates risk” – Warren Buffett
The foundation of successful real estate investing is education. Without knowing what is happening in your market, it’s tough to make a good investment descision to move forward.
Monthly Real Estate Houseing Figures
Locally the real estate market in Etobicoke is very healthy, in the first two weeks of March Realtors have reported 4,138 sales, this is a 5% decrease compared to the first two weeks in March 2010. New listings have also dipped down 15% compared to the same period in 2010.
These decreases have not affected the Etobicoke real estate market at all. As jobs and incomes keep on a growing, households still have the confidence in thier ability to pay for a home.
Due to very tight inventory in Etobicoke, . Buyers have had to deal with upward pressure on the average selling price. Jason Mercer TREB's Senior Manager of Market Analysis expects growth to be in the 3% to 5% range for 2011.
Read the whole article
The foundation of successful real estate investing is education. Without knowing what is happening in your market, it’s tough to make a good investment descision to move forward.
Monthly Real Estate Houseing Figures
Locally the real estate market in Etobicoke is very healthy, in the first two weeks of March Realtors have reported 4,138 sales, this is a 5% decrease compared to the first two weeks in March 2010. New listings have also dipped down 15% compared to the same period in 2010.
These decreases have not affected the Etobicoke real estate market at all. As jobs and incomes keep on a growing, households still have the confidence in thier ability to pay for a home.
Due to very tight inventory in Etobicoke, . Buyers have had to deal with upward pressure on the average selling price. Jason Mercer TREB's Senior Manager of Market Analysis expects growth to be in the 3% to 5% range for 2011.
Read the whole article
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