RANEX Realty Group Inc. Brokerage
7111 SYNTEX DR. 3rd Floor L5N 8C3 Mississauga, ON, Canada

Wishing you a very joyful New Year despite these difficult times. We really wish things were different! We hope that the new year brings your family much happiness and prosperity, and that in time the world will be a safe place again.

One of the biggest questions that tend to arise in the months leading up to December, is whether or not people should decorate their homes for the holidays while trying to sell. Well, there are some tips on how you should go about staging your home during the holiday season: Try to Take Photos Beforehand... Take a photo of your home before decorating. This will allow potential buyers the chance to see your space both with and without decorations, and also will keep the listing photos from looking outdated if your home is still on the market in the months after the holidays. Keep it Simple & Generic Keep your decorations simple and generic. Keeping your decor generic will also help prospective buyers to envision themselves in your home, as not everyone celebrates the same holidays. Keeping things simple and generic will allow your home to be viewed as being festive and cozy, while also being approachable to potential buyers. Tuck Personal Items Away By tucking personal items away, as mentioned above, you allow potential buyers to see themselves in the space, without being distracted by personal items that belong to the current owner. Don’t Overcrowd the Space It is important to keep space in mind when decorating, so you aren’t blocking any key viewpoints or are restricting access to parts of your home that potential buyers may be trying to look at. Keep it Classic Outside When staging your home for the holiday season, many people only think of the indoor spaces. The outdoor curb appeal matters too! Keep outdoor lighting simple and classic by using white/yellow bulbs and string lights to keep your outdoor decor simple, while also looking sophisticated and classy. Consider utilizing any pillars or railings on the front step/porch by wrapping them with string lights and a garland, or putting down a holiday-themed doormat to help welcome prospective buyers to your home. Reference: https://cutt.ly/7hAsnH2

Several Canadian economists recently surveyed believe that record low-interest rates have been keeping buyers interested and prices high in Canadian real estate, but they also expect that housing values in Canada’s largest markets will see only a modest increase in 2021. As the economy starts to change irrevocably toward a post-pandemic world, more people are reaching the conclusion that home and work will become entwined more intimately in the future and that living space ne...eds to be reviewed to accommodate such a future. Looking to the spring market, the economists said we can expect that housing values in Canada’s major markets will experience modest increases. Reference: https://cutt.ly/1hPrjHz

If your ability to afford the mortgage payments on the home you want to buy is causing you concern, buying a foreclosure home may make a lot of sense. Plus, it will also allow you to get more for your money which could enable you to get to live in the neighborhood you really want. If a homeowner fails to keep up with their mortgage payments, the lender can begin foreclosure proceedings, and the sale of foreclosed homes can sometimes be a bargain to home buyers. This is be...cause the lender wants to release their money from the property as soon as possible. If you’re thinking about how to buy a home that’s in foreclosure, be sure to do your research because there are extra stages involved. As an example, below are some of the steps involved in the sale of a foreclosed home that you need to be aware of. How to Buy Foreclosed Homes Setting Your Budget Getting the Right Help Getting Pre-Approved Making the Offer The Home Inspection If you’re keen on finding a bargain on your next home, a foreclosure could be right for you, but it’s highly advisable to do your extra due diligence. And, as long as you understand the risks involved and work with a knowledgeable real estate agent, it could work out really well. Reference: https://cutt.ly/lhQ9LIt #realestate #realestateagent #realestateinvestor #realestateinvesting #realestateblog #realestatestyle #realestatetips #realestatenews #realestateadvice #realestategoals #realestatesales #realestatephoto #realestateteam #realestatebrokers #realestateagents #realestatebroker #toronto #firsttimehomebuyer See more

While home prices are, of course, top of mind for any prospective property buyer, property taxes are not to be overlooked. And according to a new report from Zoocasa, Toronto’s are currently the lowest in the province. As it stands, the city’s property tax rate is 0.599704%, hovering below Markham’s 0.628191%. Meanwhile, the province’s highest property tax rates will currently be found in Windsor, with a rate of 1.775679%, and following that city, Thunder Bay’s rates are at... 1.562626%. It’s important to note that this does not mean that every homeowner in Windsor is paying more in property taxes than a homeowner in Toronto, explains the report. There are a number of factors at play. Essentially, property tax can be calculated by multiplying a home’s most recent value assessment by the residential rate set by the home’s local municipality. In Ontario, these calculations are based on a home’s value, the Education Tax Rate, and the Residential Tax Rate. Reference: https://cutt.ly/ng0reK1 #realestate #realestateagent #realestateinvestor #realestateinvesting #realestateblog #realestatestyle #realestatetips #realestatenews #realestateadvice #realestategoals #realestatesales #realestatephoto #realestateteam #realestatebrokers #realestateagents #realestatebroker #toronto #firsttimehomebuyer See more

Right now, the novel coronavirus is upending the way home sales are conducted, from cancelled open houses to video tours taking the place of in-person home showings. As people avoid close contact to keep from spreading the virus, buying remotely makes more sense. Real estate investors may also choose to buy homes remotely. Most real estate investors follow the 1% rule, which states that the monthly rent earned on a property should exceed that property’s monthly mortgage pay...ment, so the investor at least breaks even on the property. It’s easier to find properties that follow the 1% rule in certain markets, which may be located a significant distance from the investor’s home base. As a result, buying a house remotely can be an attractive, time-saving option. Whatever your reason for buying remotely, there are certain steps you can take to ensure the process goes as smoothly as possible. Reference: https://cutt.ly/ggSvID3 #realestate #realestateinvestor #realestateinvesting #realestatestyle #realestate2020 #luxurylisting #luxuryrealestate See more

The Bank of Canada has once again announced that it is holding its key interest rate target at 0.25% after aggressively cutting it earlier this year in response to the global pandemic and its economic aftershocks. The Bank has announced that it will also recalibrate its quantitative easing (QE) program, which previously entailed buying Canada bonds at a cost of at least $5 billion per week, to help keep interest rates low and markets functioning well. The change in QE will ...shift purchases toward longer-term bonds, which the Bank says have more direct influence on interest rates impacting households and businesses. Total purchases will be gradually reduced to at least $4 billion a week. Together, these measures are intended to promote continued economic recovery. The Bank noted that the economic recovery will continue to require extraordinary monetary policy support, and it intends to maintain this low interest rate until economic slack is absorbed so that the 2 percent inflation target is sustainably achieved. This is not expected to happen until 2023. Reference: https://cutt.ly/zgPIW7Z #realestate #realestateagent #realestateinvestor #realestateinvesting #realestateblog #realestatestyle #realestatetips #realestatenews #realestateadvice #realestategoals #realestatesales #realestatephoto #realestateteam #realestatebrokers #realestateagents #realestatebroker #toronto #firsttimehomebuyer #realestatetoronto #realestateagenttoronto #realty See more

Tips To Keep In Mind When Buying Your First Home Or Condo Congratulations, you have decided to purchase your first home. Although this milestone can be very exciting, the home-buying process can also be a daunting experience. Mapping out the journey beforehand can help a great deal. You will need to pay closing costs... Remember, upon the closing of your property, a buyer is required to pay certain closing costs. You must be able to access sufficient funds to pay these closing costs. Mortgage pre-approval If you intend to fund your new purchase with a loan from a mortgage lender, ensure you obtain preapproval before or during the home-buying process. An agreement of purchase and sale can be conditional on a buyer obtaining satisfactory mortgage funds to complete the transaction. Failure to pay the purchase price on closing can result in the vendor terminating the transaction, seek forfeiture of the deposit monies and commence an action for damages suffered. You may be eligible for the First-Time Home Buyer Incentive The First-Time Home Buyer Incentive enables first time home buyers the opportunity to reduce their monthly mortgage payment without increasing their deposit. Reference: https://cutt.ly/QgBaq5j

Wishing you a spook-tacular Halloween! #halloween #happyhalloween #halloween2020

They have stood for our nation, they have fought for us, they have sacrificed their lives for us. A very Happy Canada Remembrance Day to you

Toronto home prices continue to climb to record highs After a full month of fall, Toronto home prices are still climbing. According to the Toronto Regional Real Estate Board‘s October market report, the average selling house price in the Greater Toronto Area (GTA) hit $968,318.... That is yet another record-high in Toronto’s real estate market, which has been climbing to unprecedented levels since June and exacerbating the city’s affordability crisis. The average selling price for a house in the city climbed up to $1,025,925. Semi-detached Toronto homes averaged $1,154,087. And detached Toronto homes are 11.2 per cent higher than this time last year, averaging $1,470,857. House prices are up across the GTA. Buyers searching for a reasonably priced semi-detached home will need to take a trip out to Orangeville, where the average is $537,582. Condo sale prices in the GTA averaged $622,122 in October, showing 0.7 per cent growth. Those averages are close to the Toronto figures, with the price growing 0.8 per cent to $668,161. Condo selling prices in the 905 rose 6.8 per cent year-over-year, averaging $541,582. And while the condo market is showing signs of an impending decline, low-rise Toronto home prices continue to rise as if they’re immune. Reference: https://cutt.ly/EgCoFxF Photo: https://cutt.ly/ggCo7Dl

Here is a great insight into what you can do to help create more space indoors during the upcoming winter months. Let in the Daylight Shorter days equal less daylight, so taking advantage of any light during the daytime is essential for creating more space indoors. Make sure your windows are clean before the temperature drops below freezing, and make sure you try to keep your blinds or curtains open as much as possible. This is a simple, yet very effective way of making... your home seem more spacious. De-Clutter The less clutter in a space, the larger it will appear, especially to prospective buyers if you are planning on putting your home on the market. Prospective buyers move through houses differently than the homeowners do, so de-cluttering and taking advantage of the space in your home could add to how potential buyers experience the square footage of the home. That comfy chair may be the best spot to watch television, but if you were to re-think the layout of your living room, it may make more sense to shuffle it back to avoid any tight space walking past it. Experiment with Staging The way your home is currently laid out may be perfect for you and your family but might not be exactly what a prospective home buyer is looking for. Take into consideration who your home is being marketed towards and approach staging accordingly. Maybe third bedroom that you currently have set up as a playroom would be more appealing to prospective buyers if it were staged as a home office or home gym. Size It Down Taking both room size and furniture size into consideration can be an easy way to create more space indoors this winter. Utilize storage to help keep items up and off the floor and look at the size of your furniture to make sure it works in the space. Do not be afraid to remove pieces of furniture as well when showing your home to prospective buyers. Reference: https://cutt.ly/ZgH1z0W #realestate #realestateinvestor #realestateinvesting #realestatestyle #realestate2020 #luxurylisting #luxuryrealestate See more

As the days begin to get shorter and the colder weather approaches, there is no question that many people are beginning to question their living situation and what they can do to make the winter months more bearable. COVID-19 is also still at the forefront of many people’s minds, which also adds to the number of people opting to stick close to home and stay inside this winter. Let in the Daylight... Shorter days equal less daylight, so taking advantage of any light during the daytime is essential for creating more space indoors. De-Clutter One of the easiest ways to make more space indoors is to de-clutter and organize. Experiment with Staging Re-think your space and add items that will inspire prospective buyers to view the space for other alternative uses. An example of this could be turning a small nook or unused corner of a room into a mini-home office. Size It Down Taking both room size and furniture size into consideration can be an easy way to create more space indoors this winter. Reference: https://cutt.ly/hgDfKKZ #realestate #realestateagent #realestateinvestor #realestateinvesting #realestateblog #realestatestyle #realestatetips #realestatenews #realestateadvice #realestategoals #realestatesales #realestatephoto #realestateteam #realestatebrokers #realestateagents #realestatebroker #toronto #firsttimehomebuyer See more

Since the start of the pandemic, Canadian homebuying behaviours have shifted immensely, with many urbanites relocating to the ‘burbs in search of more space as the work-from-home trend continues. As such, both sales and prices are up, which raises the question: will the Canadian housing market maintain this upward trend as we head into winter? The Federal Reserve Bank of Dallas recently published a report that analyzed the real estate markets in the Group of Seven countries d...uring the second quarter. According to the report, Canadian residential real estate prices reported the biggest jump in the G7, rising 2.42% from Q1-2020. The next biggest jump by a G7 country was France, rising 1.71%. This occurred in Canada despite soaring vacancy rates and very little immigration during the April-to-June period. To get a better understanding of the Canadian housing market, experts shared the average sales prices and the year-over-year growth from August. Greater Toronto Area: $890,400 (+11.1%) Greater Vancouver Area: $1,038,700 (+5.3%) Ottawa: $517,800 (+19.9%) Greater Montreal Area: $408,200 (+16.4%) Halifax: $372,982 (+18.1%) So, all signs point to a hot winter market ahead. #realestate #realestateagent #tagsta #realestateinvestor #realestateinvesting #realestateblog #realestatestyle #realestatetips #realestatenews #realestateadvice #realestategoals #realestatesales #realestatephoto #realestateteam #realestatebrokers #realestateagents #realestatebroker #firsttimehomebuyer Reference: https://cutt.ly/mgRjzvm Picture: https://cutt.ly/AgYFBiE

Whether homebuyers’ sights are set upon Atlantic Canada, the Greater Toronto Area, the Prairies of the West Coast, the Canadian real estate market is ripe with a wide range of opportunities for both new homebuyers and homeowners looking to upgrade. Now that more people are working remotely, many professionals are no longer confined to living within close proximity to their workplace, which is opening up a wave of growth everywhere namely within small suburban or rural mun...icipalities. The Bank of Canada (BoC), which is anticipated to maintain an accommodative monetary policy for a few more years, projects that the road to recovery will be a long one. Despite the remaining roadblocks within the economy, including business closures and widespread job loss, the real estate sector is booming, suggesting that any significant price cooling activity is unlikely to correlate with Canada’s cooling temperatures. When it comes to the national real estate market, all signs point to a hot winter market ahead. Reference: https://cutt.ly/IgRfquC #realestate #realestateagent #realestateinvestor #realestateinvesting #realestateblog #realestatestyle #realestatetips #realestatenews #realestateadvice #realestategoals #realestatesales #realestatephoto #realestateteam #realestatebrokers #realestateagents #realestatebroker #toronto #firsttimehomebuyer #realestatetoronto #realestateagenttoronto #realty See more

Curious where to find free short term parking in Toronto? The signs, which have been spotted by residents who've been pleasantly surprised (and a little confused) to find such accommodating rules on some of the city's busiest streets, were put up this summer as a part of the CurbTO program, according to Eric Holmes, a senior communications coordinator for the city. Holmes said the spots in which these signs can be found are called Temporary Parking Pickup Zones, and they wer...e put up "to help accommodate increased demand for businesses that provide pick up and delivery options" starting in April. For more information, follow this link. https://www.blogto.com//10/park-free-major-streets-toronto/ . . . #parking #shortterm #free #curbside #takeout #orderin #canada #toronto #thesix #willowdale #city #torontorealtor #staging #invest #digitalmarketing #business #branding #entrepreneur #socialmediamarketing #condo #motivation #love #inspiration #design

FOR SALE 137 Bartley Bull Pkwy, Brampton 4+1 Bedrooms, 3 Bathrooms; Bartley Bull Beauty! ... Gorgeous 4+1 Bdrm, 3 Bth Detchd 2 Storey Fam. Hme On Huge 50X110 Foot Lot In Prime Peel Village! Loaded W/Upgrades-Bamboo Hrdwd Flrs(Main), California Shutters, Luxurious Chef's Kitchen W/Stainless Steel Appl & Quartz C-Tops, Cozy L/Rm W/Fireplace & W/O To Bckyrd Oasis Complete W/Above-Grnd Salt Water Pool/Hot Tub. Finished Bsmt, 5th Br,2nd Eat-In Kitchen & 3rd Wshrm. Near All Major Amenities +++. This One Won't Last! All Elf's, All Wndw Cvrngs/California Shuttrs, All Appl(S/S Frdge/Gas Stve/Dw/Chef's Hood Fan/Micro/Wshr/Dryer) Gdo+Remte, Furnace ('19), Cac, Roof Shngls ('19), Pool/Hot Tub/Equpmnt (Heater/Salt Systm, Drvwy (Ashphlt/Pttrnd Concrete'18) Cvac+Attchmt. Call Nick Jubran to find out more: 905-495-2277

With all the many different moving parts involved in selling a home, here are very valid reasons to have a real estate agent on speed dial. Timing the market A real estate agent has the expertise and resources to make sure your property hits the market at the perfect time.... Pricing your property An experienced real estate agent can advise you on how to price your home to achieve your goal, whether it’s to get the highest price, the quickest sale or ideally, both. Marketing your listing A real estate agent has the tools and resources to market your home to the right audience. The endless paperwork A realtor is responsible for organizing all paperwork and keeping the necessary documents in order, shouldering this hefty burden for the buyer. Negotiating the deal When buyer agents come to negotiate a deal, a seller’s agent can be relied on to ensure that deal works for both parties. Staging advice Selling your home, but not sure if it’s aesthetically up to par? Let your agent handle that! Reference: https://cutt.ly/sgz28X3

Home sales recorded over Canadian MLS Systems edged up a further 0.9% between August and September, raising them to yet another new all-time monthly record. The average house price is up around $90,000 compared to one year ago. Much of that was pent-up demand from the spring that came forward as our economies opened back up over the summer.... The number of newly listed homes fell back by 10.2% in September, reversing the surge to record levels seen in August. New supply was down in two-thirds of local markets, led by declines in and around Vancouver and the GTA. The actual (not seasonally adjusted) national average home price set another record in September 2020, topping the $600,000 mark for the first time ever at more than $604,000. This was up 17.5% from the same month last year. The national average price is heavily influenced by sales in Greater Vancouver and the GTA, two of Canada’s most active and expensive housing markets. Excluding these two markets from calculations cuts around $125,000 from the national average price. Reference: https://cutt.ly/wgk08lI

FOR SALE 26 Vanderpool Cres, Brampton 4 Bedrooms, 4 Bathrooms; Beautiful 4 Bedroom Home Located In Rockwood Village Neighbourhood. ***** Backed Onto Forest***Steps To Garnetwood Park And Etobicoke Creek. Spacious Layout With Large Entertaining Area, 4 Oversized Bedrooms, Finished Basement And Ample Storage. Steps To Schools; Close To Transit, Shopping And Hwys. Don't Miss Out!... All Existing Light Fixtures, Window Coverings, 2 Fridges, 2 Stives, Dishwasher, Washer, Dryer, Air Conditioner, Garage Door Opener. Call Nick Jubran to find out more: 905-495-2277

As the numbers continue to rise in the Greater Toronto Area during the second wave of the COVID-19 pandemic, the real estate industry is seeing a tale of two cities. On one hand, the hunger for homes with more space, especially outdoor space, continues to be strong. On the other, some condo investors are sweating as rents continue to drop precipitously. Although open houses were allowed under Phase Three of Ontario’s re-opening plan, the Toronto Regional Real Estate Board st...rongly recommended caution. The organization offers guidance to area real estate professionals, as well as compiles data on listings. While individual brokerages make their own decisions on issues such as whether to hold open houses, most have maintained practices set into place in the spring. Reference: https://cutt.ly/Rgdh3uC

Wishing you a deliciously sweet Thanksgiving Day surrounded by the ones you love and the ones you cherish. May you have a grand holiday season!

FOR SALE 26 Vanderpool Cres, Brampton 3+1 Bedrooms, 2 Bathrooms; Beautiful 4 Bedroom Semi-Detached Home Brampton's Prime Location! Stained Dark Hardwood Floor And Oak Staircase, Good Sized Kitchen With Big Breakfast Area., 9' Ceiling, Access To Garage, Stone Fronting, Balcony, 2nd Floor Laundry, Double Door Entry. Access From Garage To Home. Separate Entrance Enlarged Windows And 3 Piece Rough-In The Basement.... Close To All Amenities, School, Park, Hwy 427, Hwy 50, Sobeys, Temple & Gurdwara. Stainless Steel Appliances Fridge, Stove, Dishwasher, Washer/Dryer. Call Nick Jubran to find out more: 905-495-2277

While September saw record-breaking property sales in Toronto, numbers didn’t soar equally high across all home categories. Buyers leaned into ground-oriented market segments, leaving the condo sphere far less active than in years (and months) past. According to the Toronto Regional Real Estate Board (TRREB), 11,083 existing homes were sold in the Toronto-area in September. Of these, specifically in the 416-region, 1,984 sold properties were ground-oriented (detached, semi-de...tached, or townhomes), while 1,549 were condos. Year-over-year, detached homes saw September sales increase 28.1%; during the same period, semi-detached sales increased 48.8%, and townhome sales went up 21.5%. Condos, however, saw an increase in sales of only 7%. Reference: https://cutt.ly/RgeImcF