Durham Real Estate - Pickering, Ajax, Whitby, Brooklin

First Time Home Buyers

2012-01-12T20:48:00.000-05:00

Land Transfer Tax applies to all transfers of land in Ontario.

First-time homebuyers may be eligible for a refund of all or part of the tax. For transfers where:

the agreement of purchase and sale was entered into after December 13, 2007, the refund applies to all homes, whether newly constructed or resale.

the agreement of purchase and sale was entered into before December 14, 2007, the refund only applies on the purchase of a newly constructed home.

Applications for a refund must be made within 18 months after the date of the transfer.

December 2012 Market Watch

2012-01-05T12:50:00.000-05:00

Second-Best Year on Record for Sales
January 5, 2012 -- 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 in comparison to 2010.“Low borrowing costs kept Buyers confident in their ability to comfortably cover their mortgage payments along with other major housing costs,” said TREB President Richard Silver. “If Buyers had not been constrained by a shortage of listings over the past 12 months, we would have been flirting with a new sales record in the Greater Toronto Area,” added Silver.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 of $431,276 in 2010.“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,” 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.
Click here to see Full Report [pdf]
Historic Annual Sales and Average Price [pdf]

Pickering Mayors Gala 2011

2011-11-30T11:19:00.000-05:00

PICKERING MAYOR'S GALA 2011

Well everyone on Saturday, I had the extreme pleasure of attending the Mayor's Gala in Pickering with our Regional Councillor Peter Rodrigues. It was a fabulous affair at the Pickering Rec Centre.

As many of you are aware, this was Pickering's BiCentennial Year. All of the funds raised for this year's Gala went directly back to the community to support those in need. For example, Epilepsy Durham Region is committed to promoting independence and optimal quality of life for individuals living with epilepsy; the Children's Wish Foundation provides a once in a lifetime experience for children diagnosed with life threatening illnesses; and FOOTPRINTS provides respite services for families with children diagnosed with Autism Spectrum Disorders (ASD). Finally, the Rouge Valley Ajax-Pickering Hospital will receive the remaining funds which will go towards the Image is Everything MRI campaign.

Pictures of the event are hosted on http://www.hadaball.com/ .... Definitely a night to remember. Durham Region is a great place to live and raise your families.

Thanks Peter for the invitation and to all our Durham Council for their efforts and hard work to keep our Region one of the best there is to live in !!

http://remax.connectcode.mobi/listing/264/view

2011-11-24T09:33:00.000-05:00

http://remax.connectcode.mobi/listing/264/view#.Ts5VcGJeJeA.blogger

NEWS RELEASE

2011-11-17T08:25:00.001-05:00

NEWS RELEASE - Click here for full report

Greater Toronto REALTORS® reported 3,379 transactions through the TorontoMLS® during the first two weeks of November. This result represented more than a 13 per cent increase compared to November 2010. New listings were up 16 per cent over the same period.

The average selling price through the first 14 days of November was $481,548 – up by 10 per cent compared to the average of $437,510 reported for the first two weeks of November 2010.

New Listing - 276 Lancrest ! Legal Bsmt Apt - Huge Income Potential

2011-11-16T09:05:00.000-05:00

http://www.realestatechannel.ca/listing/18342/276-Lancrest-St/Michelle-Makos

November Newsletter is out !

2011-11-16T08:58:00.000-05:00

http://www.realestateword.com/agent/agentpreviewnewsletter.php?id=184

1676 Major Oaks - Hot New Listing

2011-10-19T17:32:00.002-04:00

3BD/3BA $415,000 63 Decatur Place, Whitby, ON [A16290]

2011-10-18T08:50:00.000-04:00

Another Great Testimonial

2011-10-03T13:14:00.000-04:00

Michelle Makos is an extremely dedicated real estate professional with an incredible work ethic, a very pleasant demeanour, and an incredible sense of humour.

She is a good listener who tunes into her client's needs and tastes very quickly. My wife and I were constantly impressed by the fact that Michelle always returns phone calls promptly - usually within 5 minutes or less -
and is always positive and enthusiastic.

Michelle also has a keen sense of business and excellent marketing and writing skills. She has excellent negotiating skills and secured the second property - a townhouse in Uxbridge that we wanted for our daughter - quickly, and well within our budget. At all times, Michelle maintained the highest level of professionalism and composure during the negotiations.

Back to School !

2011-09-05T16:57:00.000-04:00

Well I am sure by now, we are winding down from a long, hot summer and the kids are all excited about going back to school tomorrow. The real estate market held a steady pace through the summer with homes selling relatively quickly.

September starts the fall market and usually is quite busy until we get the snow flying. I am looking forward to a busy fall market and all my new marketing.

I am happy to say my townhouse in Brooklin sold very quickly. It was a steady stream of showings and great feedback. Brooklin is really growing quickly and it seems to be a great place to raise a family.

The move for me to Re/Max has been a positive one and I loved every minute in my new surroundings. Their branding is second to none and I am already registered for Fall Connect 2011 and also have tickets for the Home Show if anyone is interested, just email me at michelle.makos@rogers.com and I can make arrangements to get you a complimentary set of tickets.

Happy long weekend everyone and I will keep you posted on whats going on in Durham over the Fall/Winter months.

Don't forget, if you know anyone thinking of moving or buying, I'd love to help.

Have a great day back at school to all the kiddies and to all the parent, enjoy the routine again !

Cheers !
Michelle

Lots of Changes

2011-08-08T19:44:00.000-04:00

Hi Everyone,

I hope your summer has been going well !!! Fantastic weather we have been having, thats for sure !!! Big changes for me this summer !! Added another website to my many sites - this one being http://www.durham-homes4sale.com/ so feel free to check it out.

But the biggest news of the day is my recent brokerage change to RE/MAX First Realty Ltd. in Pickering. Having worked at Sutton and Royal LePage, I decided to go with the big guys !! And after my first day on the job, I honestly can see why they are "Above the Crowd!!!! " What a stellar bunch of people and it truly was pleasure settling in there.

Also I have recently hooked up with Real Estate TV so you can have your home shown on the Real Estate Channel with Rogers TV. Exposure, exposure, exposure !!!

And to add to that, I am now posting all virtual tours on You Tube so you have it all !!!

Market is good, rates are low and houses ARE SELLING !!! Call me if you have any real estate questions or needs that I can assist you with and remember, "Let Makos Move You !!"

Have a great August and stay tuned for lots of new real estate information coming this way.

Check out the July Market Watch.

Take care, stay safe and and above all, stay in touch !!!!

Market Watch March 2011: Jason Mercer

2011-04-05T15:10:00.000-04:00

Spring Market is Here !

2011-02-19T09:04:00.001-05:00

Hi Everyone,

Valentines Day is over, Groundhog saw its shadow and Family Day is fast upon us.... It is nice to have a long weekend in February.

We even had a couple days of really nice weather and the snow was starting to melt and then this morning, the wind outside sounds like we live in the Arctic ... but as far as real estate goes, the market has shifted and the listings are coming out fast and furious .. Spring Market?? Yes, it appears so.

If you were thinking of selling your home, don't wait until April or May, list now - less competition and more money for your home as many homes are selling in multiples right now due to the lack of homes available.

I must say I have noticed recently a lot of calls/appointments lately have been divorce or separations. Should you be in a situation where you are selling under those conditions, it is very important that Realtor works with both of you and puts your interests first. It is hard enough to deal with that sort of stress without worrying about the sale of your home and where you are going to live when it is all said and done. Find a Realtor you trust and let them help ! Thats what we do best !!! We help .....with all your real estate needs.

Should you need a home evaluation or simply saw a house and want to know what it is worth, give me a call or email me the address and I would be more than happy to send you the information.

Have a great weekend everyone !
Cheers
Michelle

Happy 2011

2011-01-12T18:09:00.000-05:00

Happy New Year everyone ! It is a time for fresh starts and new beginnings. I am looking forward to a great 2011. Having just returned home from a holiday in Jamaica, I am ready to roll up my sleeves and get to work.

The first thing I have noticed this year is WE need listings. The ones that are out there have been sitting around since October and November of last year. Which usually means one of two things, it is either over priced or over priced !!! LMAO.

Because every home is saleable. So I guess my first mission of the year to get some listings, because the buyers are out there looking for their dream home and unfortunately the pickings are slim. Come April and May, we will be inundated with listings and then the Sellers will be kicking themselves for not listing sooner.

If you are thinking of selling your home in the Spring market, note that happens NOW ... pricing, marketing etc and come the first 2 weeks in February, we are off and running with new listings coming out daily.

So why is everyone waiting???? Do they think that no one is looking???? Because I for one, have buyers who just can't find anything in their price range that is decent.

If you are considering listing your home in the Spring, why don't you get started now. Give me a call and I will come by and we can go over all the neighbourhood sales and expections to sell you house for the most amount of money in the least amount of time.

I have said this before, I will say it again, I don't list houses, I SELL THEM !!!

Let me show you how ! Call Michelle Makos today at 905-831-9500 or direct at 416-300-3004. I would be thrilled to meet with you and show how my services are second to none !

On that note, Happy New Year everyone and I look forward to meeting you in the coming year !

Reasons to List Your Home in November/December

2010-11-13T10:17:00.001-05:00

12 Reasons to List now

During the Holidays!

1. There is less competition for buyers

2. Winter prospects are more serious buyers

3. Your home looks better during the holidays

4. One of the highest percentages of “listings sold” to “listings taken” occur during this time of year

5. You may receive more money for your home now, because you have less competition

6. Throughout the holiday season, you may restrict showings during your personal family events

7. Buyers have more time to look at homes during the holidays, especially during vacations

8. January is traditionally the biggest transfer month – and you must be on the market to capture that market

9. By selling now, you can have a delayed closing or extended occupancy until the beginning of the following year if you want to

10. When you sell during the winter you have an opportunity to buy during the spring, when many homes are on the market

11. You may have fewer actual showings, but more qualified and motivated prospects

12. Corporate transferees, who need to buy a home now, can’t wait till spring

“Buy and Sell with Michelle!”

Michelle Makos

Realtor

905-831-3300

www.Homes4Sale-Durham.com

RE/MAX FIRST REALTY LTD.

FIRST TIME BUYERS !! How a Realtor Can Help !

2010-09-29T13:29:00.000-04:00

How a Real Estate Agent Can Help You?

(First Time Home Buyers)

If you're in the market to buy your first home, you may be wondering if you need your own real estate agent, or perhaps you're curious as to how an agent can help you. You are about to embark on a very important decision for your future, a great investment of both time and money.

Buying a home for the first time can be overwhelming. Don't go it alone. Work with a professional Real Estate Agent! Remember, the seller will most likely have an agent. You should have your own agent, i.e., a buyer's agent to protect you and represent your best interest. You'll soon discover that there are so many ways an agent can assist you. For now, I would like to bring your attention to the following:

10 Ways a Real Estate Agent Can Help You!

A real estate professional can...

01 - Help establish a plan for a home that fits your needs
02 - Help you find a good mortgage consultant to have you pre-approved
03 - Guide you through the entire process, serve as a buffer and take care of a lot of the behind-the-scenes tasks
04 - Help you research neighborhoods and houses
05 - Find the right home for you
06 - Help you gauge market values and best determine a range where your offer should be
07 - Help you write up offer (and counter offers) and negotiate the best terms and price for you
08 - Provide you with a list of key professionals (e.g., real estate attorneys, home inspectors, pest inspectors, etc.) that you'll need in a real estate transaction
09 - Help you feel comfortable with the closing process and go with you to closing
10 - Follow up with you after the sale

Remember, these are just some ways that a qualified real estate agent can help you in your journey towards buying your first home. For more information or assistance with your first home purchase, please contact me. I have a wealth of knowledge, as well as hands-on experience educating and helping first time buyers like you. I'd be happy to answer your questions, as well as assist you with purchasing your first home in my service area, or refer you to qualified professionals from a nationwide network of agents.

Third Consecutive Interest Rate Hike

2010-09-09T14:02:00.002-04:00

Predictions Ring True! Third Consecutive Interest Rate Hike.

With the increase to 1 percent for the overnight rate, the Bank Rate is correspondingly 1.25 percent, and the deposit rate is .75 percent.

Financial conditions in Canada have tightened modestly since April, with the changing monetary policy measures, but overall still remains highly stimulative from a global perspective. This increase is consistent with the previously stated objective of achieving a 2 percent inflation target by next year. The global economy and Canadian economic indicators are what drove today’s decision to increase the rate. Canada’s economic recovery is expected to be more gradual that the July Monetary Policy Report had suggested, although the dynamics of inflation have remained fairly consistent.

The Bank of Canada’s second quarter projections were slightly more optimistic than how economic activity panned out, however consumption and investment has evolved in line with targeted expectations. Accomodative credit conditions due primarily to sharp declines in global bond yields in recent weeks support the expectation that consumption growth will remain solid and business investment in Canada will rise strongly.

The global recovery is still uneven, but is moving forward. Economically speaking, the recovery is showing stronger activity in emerging markets compared to some advanced markets. Latest indicators suggest a more subtle recovery in the short term for the U.S. as high unemployment rates hold back the recovery in private demand.

Any further reduction in monetary policy stimulus will need to be weighed carefully after three consecutive rate increases, considering the forward-looking uncertainty which is so rare to our national and global economic forecasting.

2010-08-01T09:46:00.000-04:00

Dear Potential Sellers;

Thank you so much for thinking of me. I am looking forward to our meeting so that I can review with you the results of my extensive market analysis, my aggressive buyer-centric marketing plan for your home, and to do what I can to help you prepare your home for a listing in this crazy market.

During the course of our meeting, which will take about an hour I have only one request of you. PLEASE do not say "Well, we don't really HAVE to sell right now" as a way to justify over-pricing your home. If you truly do not HAVE to sell right now, the smartest thing you can do is to NOT SELL RIGHT NOW. Stay in your home, and call me again 90 to 120 days before you NEED to sell.

This is not the market to dip your toe into the water, putting another listing that just won't sell in an already over-crowded market
This is not the time to overprice your home with the idea that you can always drop the price later (you either won't do it at all - or you'll do it too late)
Such a strategy will ruin your negotiating position
Every buyer who WAS in the market for a home like yours will have bought something else.
So, when you finally NEED to sell, your only potential buyers are the new ones coming into the market...and they will see you as DESPERATE to sell, because you've been on the market forever

You called me because of my reputation. Following this strategy will RUIN my reputation.
I work hard to build a good working relationship with my clients at the start of the listing. This strategy will jeopardize that relationship, as you will rightly blame me that no interested buyers are coming to view your home.

And honestly, the blame IS MINE if I let you follow this course of action
As your Agent - I want to be on your side, helping you to achieve your goals. IF your goal is to sell your home for the best price and on the best terms, then we (as a team) need to pay attention to the data and think of PRICE as a marketing position. Your Listing Price represents greater than 80% of the marketing battle! The other 20% is curb appeal, staging, and effectively exposing your home to the buyers and their agents who are looking for homes (online, print, MLS, networks...).

Finding Your Realtor

2010-07-06T15:30:00.001-04:00

Most people are familiar with hiring a real estate agent to sell a home, but fewer are aware that as buyers, they are also able to hire an agent to work diligently, protect their interests and find the best possible property for the best possible price. Many people assume that the best person to call when interested in a property is the listing agent, when this is not the case!

Buyers often approach the task of finding a new home by calling the number on “For Sale” signs, searching real estate magazines & newspaper ads and using web sites such as Realtor.ca. What they may not realize is that by contacting the listing agent directly (the name on the “For Sale” sign or the ad), they are actually calling the agent who’s first and foremost responsibility is to protect the interests of the seller!

This is not to say that you cannot buy a home from a listing agent .... they are licensed professionals and are obligated to work with a buyer in a fair, honest and ethical manner as their customer, but they do not necessarily owe buyers the fiduciary duty that they owe their client, the seller. Without a signed Buyer Agency Agreement, anything that you disclose to the listing agent about your budget, motivation or otherwise, can and will be used to benefit the position of the seller during negotiations.

What is a buyer to do? Hire your own Buyer Agent! You can interview potential buyer agents and choose the one who you feel will work the hardest for you, has the best track record, and whom you feel comfortable with. Furthermore, a buyer agent’s services are almost always paid out of the gross commission that the seller has paid to their listing brokerage!

When you have found the sales representative that you want to work with, you will sign a contract called a “Buyer Agency Agreement” which legally obligates your agent to provide you fiduciary duty, confidentiality and to protect your interests and motivations. In return, you agree to work solely with your agent for the time period stated therein, and allow them to collect their commission from the sale of the property that you purchase.

Once you have chosen your Buyer Agent, you will be in a much better position to find the best property for you. Many listings are sold before the “For Sale” sign ever goes up and there is a time lag between realtor’s MLS and the public MLS website, so your Buyer Agent is able to notify you about a hot listing before it hits the public portals. Once your agent understands your preferences, they will also keep their eyes open for you as they inspect properties daily.

Remember that during the day, while you’re at work, your agent will be out inspecting and comparing properties to find you the perfect fit! In addition to helping you find a property, a good agent will also be able to help you with things such as mortgage pre-approvals, lawyers, insurance, and home inspector referrals.

Buying a home can be an intimidating task. Hiring a Buyer Agent to guide you through this process is one of the best ways to ensure that you will be prepared to make a confident and informed decision when the time comes to place your offer.

For more information, please call Michelle Makos at 905-831-9500 or 416-300-3004 or email at michelle.makos@rogers.blackberry.net

1200 The Esplanade, PH #13 $275,000.00

2010-05-02T09:32:00.004-04:00

Well I have another great listing. Perfect home for a young executive or empty nester ! A penthouse condo in the Tridel buildings in Pickering. Designer Decor !!!! Includes 2 underground parking spots, a nice view from your balcony, all the amenities, hardwood floors, all appliances and a corner unit !!!

It is sure to sell !!!! If you want to see it, please don't hesitate to contact me and I will make arrangements to give you a private tour !!!

Just call me directly on my cell at 416-300-3004.

And yes July 1st, it coming closer (happens to be my birthday) lol .... and the HST is soon to come into place. Buyers are looking to close the last week in June to avoid any additional costs due to the tax. If you are thinking of buying and need a hand, call me, I will do my best to find you your dream home !

Have a nice day.......looks like rain here but the grass needs it !!!! Always look on the bright side !!

Take care and visit my website for updates on the Durham Real Estate market.

Cheers

Michelle

Fees Associated When Buying a Home

2010-04-09T08:46:00.002-04:00

When you purchase a home, there are various fees in addition to your mortgage that you’re responsible for. An unexpected bill's the last thing you want when you go to pick up your keys. Closing costs will vary depending on individual circumstances but here’s a brief summary:

Title Insurance - Assures title to the property. Costs usually range from $200 to $400.

Legal Fees - Vary depending on the complexity of your situation but could cost up to $1,000.

Mortgage Insurance & Appraisal - Prepare yourself by speaking with your lender so you’re aware of all the upfront costs associated with your mortgage.

Taxes/Fees - Depending on your situation, there could be various transfer fees and taxes to pay that could range from hundreds to thousands of dollars.There are also some expenses that you'll want to keep in mind after you receive your keys (often referred to as post closing costs) which could include:

Moving Costs - Factor in the costs of a moving and/or packing company. If you decide to move yourself, don’t forget the cost of the rental truck.

Connection Fees - You may have to pay for hook ups at your new place which could include electricity, gas, cable TV, telephone, Internet, etc.

Renovations and Repairs - It’s a good idea to set some money aside for potential repairs that may arise. Home ownership is all about expecting the unexpected!

Miscellaneous - Costs could include such things as having the locks changed, decorating, window coverings, appliances, etc.

This summary is by no means all inclusive as closing costs vary from situation to situation but they usually represent somewhere between 2 - 4% of the purchase price.

It's best to discuss your circumstances with your Realtor for a more accurate estimate. Buying a home can be an emotional roller coaster but you'll enjoy a smoother, less stressful ride if you're aware of what lies ahead.

If you are looking for someone to help walk you through the process and take care of your real estate needs, please call me at 905-619-9500 or visit http://www.michellemakos.com/ today.

P.S. - Rates are going up so lock in your rate today..... it will save you $$$$ in the long run.

Have an awesome day !

Cheers

Michelle

Waterfront Community - 27 Eastport Drive

2010-03-12T09:25:00.004-05:00

27 Eastport Drive

Michelle Makos has another great listing at Port Union and Lawrence. Seeing Is Believing. Live Your Dream Of Living By The Lake This Summer. All Brick, 3 Bdrm., W/O To Fully Fenced Backyard/Patio. Style You'll Love At A Price You Can Afford. Move-In Condition. Located In Prestigious Port Union Village. Lots Of Living Space. All Elfs, Fridge, Stove, Washer, Dryer, B/I D/W, All Window Coverings, Hwt(R), Gb&E, C A/C.

This home is a stones throw to the lake and is priced to sell. For a private viewing call me at 416-300-3004 or go to my website for more information, virtual tour, etc.

This one won't last long !!!

If you are thinking on selling your home, now is the time. Inventory is low and top dollar is being paid for most homes. Call me to see how much your home is worth !!!!

8 Slader Heights, Ajax - SOLD

2010-03-01T08:46:00.003-05:00

Well, what can I say, it sold in the first day !!!

The market is hot !!! I actually sold 4 homes this week alone. If you are thinking on selling, don't wait until later, do it now !!! There is no inventory out there and everything nice is selling fast !!

Call me today for a free home evaluation. Now is the time.

Have a great week and it looks like Spring is on its way !!! :)

Cheers
Michelle

New Listing - 8 Slader Heights, Ajax

2010-02-25T18:50:00.004-05:00

Hi Everyone,

Another week has gone by and what a week it has been. Listed 290 Whitevale and it is sold conditional. Listed 145 Wilkins Crescent in Courtice, it is sold conditional. Listed 50 Boardwalk Way in Markham, it is sold conditional. Listed a real beauty today.

8 Slader Heights in Ajax !!!

Rare Opportunity For This Stunning Monarch Built Coppercreek Model! Open Concept *Bungalow* 6 Years New. Expansive Ceiling Heights, Main Floor Laundry, Gourmet Kitchen, California Shutters, Pot Lights, Closet Organizers, Builder Finished Lower Level. Over 2,400 Sq. Living Space. Must Be Seen To Be Appreciated !!!

If you want more information go to my website or call me directly at 416-300-3004.

If you are thinking of selling, let me tell you, the market is HOT !!! Especially in Durham Region. Inventory is low !!!! We need new listings, so if you are waiting for the Spring, DON'T !!!!

Now is the time. For a free home evaluation, call me today !!! I will help you maximize your equity and get top exposure and price for your home.

Have a great weekend !

Cheers

Michelle

290 Whitevale Road, Whitevale

2010-02-18T15:25:00.002-05:00

New Listing - 290 Whitevale Road

Well Spring is fast approaching and the market is heating up !!! Listings are selling in multiples all over Durham and surrounding areas. Inventory is low and it is basically a Sellers market right now. I am sure the tables will turn in April when everyone decides to list and the market is saturated with listings but for now, Sellers are having the time of their lives. Quick sales, top dollar and no waiting .....

I have a great buy right now, it is 290 Whitevale Road. Listed for $379,900. Assessed in 2008 for $405,000.

Rare Find! Spacious Brick Bungalow Overlooking Greenbelt And Duffins Creek In Historic Whitevale.
Mostly New Windows, Kitchen W/Lg Pantry, New Oil Tank, Roof ('02), Fin. Bsmt W/3 Pc Bath & Woodstove.
Property Features A 2-Storey Workshop/Studio/Drive Shed W/60 Amp Svce. *Close To 401 & 407*
Huge 2 Storey Dble Garage/Workshop, Ideal For Self Employed/Hobbyist.
Fully Fenced Property, Crown Mouldings, Water Softner, Wood Stove, Hardwood Under Bdlm, Additional Wood Stove In Bsmt. Exclude: Washer And Dryer.

Check out the link and the virtual tour !!!

Should you have any questions or wish to view this property, call me at 905-831-9500.

I will keep you posted on what it sells for !!!!

New Listing - 63 Westray Cres W

2010-01-13T22:10:00.005-05:00

Don't miss this great opportunity to get in on my new listing at 63 Westray Cres. in North Ajax. This property is a 3 bdrm, 3 bath, 1654 Sq. Ft. Semi built by Tribute Homes. It is the Energy Star "Churchill Model" and is priced to sell.

Virtual Tour Link: http://www.homesandland.com/ListingTour.cfm?ListingId=14523027

For a private viewing, call me at 905-619-9500.

Here is a virtual tour link:

I know this one won't last long. Offers being accepted on January 22nd, 2010.

Have a great week everyone and I will keep you posted of any new listings I get or important real estate information.

Cheers,

Michelle

Happy 2010

2010-01-08T08:33:00.003-05:00

Happy New Year everyone !!!! We have a clean slate and a fresh start to what I think is going to be a brilliant year in real estate. The market is healthy, sales are up and interest rates are still low. What more could a buyer or seller ask for !

I do see the interest rates slowing increasing over the course of the this year, so if you are still sitting on the fence, now is definitely the time to bite the bullet and get searching for that home of your dreams.

If you are considering selling, I foresee a Spring market with a lot of inventory. If timing really isn't a major issue in your decision, consider selling sooner rather than later because you will have less competition and who knows what the interest rates will be down the road and how they will effect the house prices.

Some interesting tidbits, you might want to keep in mind:

The non-refundable Home Renovation Tax Credit (HRTC) is based on eligible expenses for work performed or goods acquired after January 27, 2009, and before February 1, 2010, in respect of an eligible dwelling, pursuant to an agreement entered into after January 27, 2009.
I have attached the link for more information here:
http://www.cra-arc.gc.ca/nwsrm/txtps/2009/tt091103-eng.html

As far as Land Transfer Taxes, please find a link to a calculator to help you figure it out below:
http://www.torontorealestateboard.com/LTT_splash/ltt_calculator.htm

Latest Market Watch (December 2009) released from the Toronto Real Estate Board is also an interesting read if you are considering making a move.
http://www.torontorealestateboard.com/consumer_info/market_news/mw2009/pdf/mw0912.pdf

And don't forget, if you have any real estate questions that you need an answer to, please don't hesitate to email me at michelle.makos@rogers.com and I will do my best to get it answered for you quickly and efficiently.

On that note, have the best year yet and I look forward to working with you in the future.
Cheers
Michelle

1876 Bowler Drive - New Listing

2009-10-21T21:35:00.003-04:00

Hi Everyone,

Just wanted to let you know of this great new listing I have in Pickering. This one is sure to sell fast !!!! 3+1 bdrm detached home on a ravine lot. Nothing to do here but move in and enjoy the 2 fireplaces, completed renovated/updated kitchen, professionally finished basement and a backyard to die for !!!!!! All this for $340,000. You can walk to schools, shopping and public transit. Click on the link to view the inside photos.

Not to mention the market is crazy right now. Houses are selling over asking !!! Multiples everywhere. What happened to the dreaded R word !!!! I guess that is over !! Thank God !

With the leaves changing colours and the winter slowly creeping in on us, don't think now isn't as good a time as any to list your house. I have buyers and they are all out looking with a vengence for that next new home.

So if you are considering making a move any time soon, give me a call for a free no-obligation market evaluation of your home. You might be pleasantly surprised.

Have a great day and check in every once in a while to see whats new in Durham Region.

Be Thankful !

2009-10-06T09:21:00.002-04:00

Many Clients Are Asking: Should I Purchase My Home Now or Wait for the Market to Stabilize?

Many people are debating whether they want to buy a property now or whether they should wait. They are getting mixed messages from the media about the market conditions and the state of the economy. Reports are indicating that the real estate market is rebounding. However, we are still hearing negative news about businesses folding and job losses. So is now a good time to buy?

The decision whether to buy a home now or wait is very tricky at the moment. On the one hand you have very low mortgage rates as the Bank of Canada had cut the interest rate several times in the last few months to try and get the banks lending again. Deals as low as 2.75% are being advertised to entice new customers into the market and get the chain moving again. Also, property prices have dropped in the last year and there are many good deals to be made.

On the other hand, there is still the question whether housing market prices will hold or drop further. Potential buyers are wary about taking on such a huge borrowing to find that the dream house they have just bought may be worth appreciatively less in six months' time.

House prices are cyclical. A low market is always a good time to buy even though it may be several years before the market rebounds. The property market will rebound. If you are in a position to buy a house and can afford the repayments, buy now. Waiting to buy could result in paying much higher prices in a rising market.

Are you really ready?It is also important to consider how long you will be in the home that you are about to purchase. Once you buy the home, it may be very difficult to resell right now. If the market continues to drop and you end up moving and selling in a year, you may have been wiser to wait a bit longer. So that is something that you want to make sure that you consider when making the decision to purchase a home.

Of course, if you have a long-term plan to be in the home, the fluctuations and potential decrease in value in the near term doesn't need to get you down, as the only price that matters is the price you are able to sell for when you need or want to move.

Another thing that you need to think about is if you can afford the home that you are considering buying. While prices have dropped recently, you want to make sure that you find a home that is going to fit your budget. As a precautionary measure you should also budget for the fact that the cost of living might rise even further, and that being able to afford these increases will be important.

If you have the funds available for a down payment and you are eligible for a mortgage, and feel comfortable about your job security, and currently meeting the rising costs of living fairly easily; then the time is probably right for purchasing property. It is still a buyer's market, so find your dream home, negotiate your best deal and jump in. Buying property now is one of the best times in the last hundred years to get a bargain !!!

If I can help in any way, please don't hesitate to contact me.

What a summer !!!

2009-08-21T21:32:00.002-04:00

Well, here we are, half way through August and what a summer it has been ! I certainly have no complaints. This has been my busiest July and August ever. Homes were selling faster than even and in multiple offer situations !

It seems the market has shifted. It isn't a buyers market anymore. I would say it has definitely stabilized and if you have a good home and it is priced right, IT WILL SELL !!!!

Read the mid month August report for sales from the Toronto Real Estate Board if you don't believe me !!

http://www.torontorealestateboard.com/consumer_info/market_news/news2009/pdf/nr_mid_month_0809.pdf

It has been a great summer (other than the weather but it would appear that even that is on the upswing !)

September is around the corner and the kids will be going back to school and the fall market is looking healthier than the Spring market. If you want a market analysis done, please don't hesitate to give me a call and I can bring you up to date on all you neighbourhood sales and what is on the market currently.

I hope everyone is having a safe and happy summer and if you have a local business that you would like me to link with my website, please feel free to email me at michelle.makos@rogers.com and I would be happy to add it. I support all local Durham businesses. Together we can make a difference.

Have an awesome summer and I will catch up again with you all soon !

Cheers

Michelle

Well its been a while ! : )

2009-07-25T17:43:00.006-04:00

Hi Everyone,

I know I haven't updated my blog in a while and it is funny because I thought no one read it !!! Much to my surprise, this week at least 3 people mentioned to me that I haven't updated my blog lately so I figured on a rainy Saturday evening, I should take a moment a play catch up.

The market you ask???? Actually for me, this year has been great... no complaints at all. Steady listings and buyers and more than enough to keep me busy.

The weather has been awful so far. What is up with this crappy summer weather. I converted my pool to saltwater this summer and have only used it maybe twice. I will admit the hot tub is getting used alot tho !!! : ) There has to be some sort of relaxation after a hard days work.

I have been working on my website regularly and trying to keep the information up to date as well my photo. There is nothing worse than these Realtors that have photos from 10 years ago !!! lol.

On a whole, the market is moving along at a great pace. The lower priced homes (under 300K) seem to be moving faster than the higher priced ones but I must say if they are priced right, they ARE moving !

The interest rates are amazing and the buyers are looking to cash in on them.

At first it seemed to be a buyers market and they had the upper hand but now it seems the market is shifting a wee bit and the sellers are a little more in control due to the shortage of well priced nice homes on the market.

My backyard is almost finished and I should update you with some photos soon ... as well as renovated one of my bathrooms. What a nightmare !!! You don't realize how much you use that room, especially when it is under construction and you can't ..... : )

It should be completed soon, granite countertops should be arriving soon and the glass shower doors and when it is all done, I will post a few pictures of that too.

For now all I have is my new headshot and new business cards on order .....

If I can assist you in any of your home buying needs or selling questions, please don't ever hesitate to contact me. I would love to chat with you either over the phone or via email. My email address is michelle.makos@rogers.com and I am always just a click away.

I hope you are enjoying your weekend thus far and I think I am going to go pour myself a glass of wine and enjoy probably the first Saturday night I have had off in a while. Hot tub anyone?????? lol

Take care, stay safe and remember

Let MAKOS Move You !!!!

What the heck?

2009-02-09T20:24:00.004-05:00

Well here we are in the first week of February and all the media has to say is about how bad the ecomony is and the recession will be long lived and BLAH BLAH BLAH !!!! I personally am off to my best start ever and last week sold a listing on the very first day it went out on TREB with TWO, not ONE, but TWO offers within 24 hours. So what is all the whining about !!!! :)

I think no matter what the media has to say, there will always be people out there looking to capitalize on the extremely low interest rates and great prices. On the other hand, if you are thinking of moving up in this market, THIS IS the time. When the market rebounds, you can make a killing on some of these homes.

Yes I know that sounds mean but the bottom line is, real estate is safer than ANY investment you can make. I am sure you have all heard how your parents bought their homes for $16,000 and worked for pennies etc., we now those houses (some of them anyways) are worth 300 to 400K. Where on earth would you get that return on your money ..... NO WHERE .... except maybe a lottery !!! : )

So lets stop thinking its the end of the world and capitalize on this. It is simple. Any way you look at it, there are deals to be found, money to be made and money to be saved. The market isn't dead. The market is what we make it !!!!

Good or bad, people will always want real estate either for investments purposes or security in their futures and now is the time to BUY !!!!!

If I can be of any assistance to anyone, please feel free to call my cell at 416-300-3004 and I would be happy to provide you with a no obligation home evaluation or discuss what is available out there to buy and get out of paying rent and someone else's mortgage !!!

The Spring market is around the corner !!!!!

Is the roof of the housing market caving in????

2009-01-08T14:16:00.002-05:00

Well I was looking through the articles on Durham's ecomony and found this very interesting one that pretty much hits the nail on the head. It is definitely worth the read ! It was posted December 19, 2008.

If the cup of coffee you were drinking on Tuesday morning didn’t wake you up, the headline on the front page of the Globe and Mail most surely did.

The headlines screamed “Housing sales hit 20-year low as real estate slump widens” followed by huge sub-head noting an 11 per cent decline in prices and a 44 per cent drop in Ontario housing sales in large RED print, based on the December 15th press release issued by the Canadian Real Estate Association.
The only problem with the article is that it is incorrect. In the third paragraph, the author writes “Between May and November, the average price of an existing home in Canada fell by 11 per cent, matching the drop in 1990 that coincided with the onset of a painful recession. Housing prices would go on to fall about 20 per cent and it would be another decade before they managed to make new highs.”

Unfortunately for the Globe, there was no 20 per cent drop. According to the Canadian Real Estate Association, the Canadian average price actually rose approximately 15 per cent from 1990 to 2000. There were three moderate dips in housing values in the decade 1990 (3.4 per cent), 1995 (4.6 per cent), and 1998 (1.5 per cent). Average price in Canada has climbed consistently since 1998. It’s also important to note that the decline in national housing values have typically been modest and have bounced back almost immediately. Finally there are no two consecutive years of falling prices.

While the national housing picture has been a picture of stability, average housing values in Ontario have seen slightly more volatility over the past 27 years. There have been six decreases in average price noted with five of the six occurring between 1990 and 1996. Prices fell 17 per cent during that time frame, after climbing a phenomenal 70 per cent between 1986 to 1989 ($107,158 to $182,186). Residential average price has been on an upward trajectory since 1996 the longest uninterrupted period of growth since 1980.

Based on our comments, the Globe and Mail has printed a correction in this morning‘s newspaper, page A2

So now that the folks at the Globe have been straightened out, we shift our focus to the challenges today’s economic realities are bringing to the housing market. Truth be told, there is not a sector - not even gold - that has not been hard hit by economic turmoil in recent months. Real estate has held up remarkably well, in light of current market realities. We need to see some economic stability - and a recovery in consumer confidence levels - before we can expect housing markets to rebound. Job security will be key.

Inventory will also play an important role. If inventory levels subside, we could see stability return to housing values. To illustrate, new listings fell seven per cent in the Greater Toronto Area in November. If this trend continues, and existing inventory is absorbed, housing values may remain relatively stable in the year ahead.

I’d like to conclude today’s communication with the story of a hot dog vendor in Chicago who sold the very best hot dogs by the side of the road. His business was booming, people loved his hot dogs, and his business steadily increases month after month. The man loved his business and believed in the need to provide great food at a great price.

This man was so busy advertising and selling his hot dogs and making lots of money, that he didn’t even have time to read the newspaper or listen to the radio. Consequently, he never heard a word about a predicted recession or the need to cut back to save for the potential economic slowdown. As long as he continued to offer his delicious hot dogs, his customers bought them. He kept selling, and they kept buying.

Then one day his college educated son told him that an economic recession was surely coming. His son told him that people wouldn’t have enough money to buy his hot dogs. The successful hot dog vendor believed this, so on his son’s advice, he cut back on his advertising. Additionally, he started ordering less supplies and product, because after all, people would be cutting back soon.
He even went so far as to take down many of the billboards that lead to his roadside stand. And sure enough, people stopped coming to him. People stopped buying his hot dogs, and he eventually went broke.

Then he thought to himself. “How smart my son is in predicting this.”

Don’t be influenced by what you read in the newspapers or hear on your television. It’s true that market conditions have changed, but human nature has not. Real estate is one of the largest investments people will make in their lifetime. It’s also one of the safest. Get out and spread the word. If you bought a home in 1980 worth $67,000, that property is valued at over $300,000 today an increase of 350 per cent and the profit is capital gains exempt. It’s no wonder that Canada has one of the highest homeownership rates in the world, at close to 70 per cent.
No matter what the investment community will tell you, you can’t live in your mutual fund.

Sincerely,

Michael PolzlerExecutive Vice President and Regional DirectorRE/MAX Ontario-Atlantic Canada Inc.

IT'S OVER !

2007-06-04T22:40:00.000-04:00

Well I did it !!!! I am finally living at the new place ! The pool is up and running and all is good !
Work is extremely busy with a great Spring market and the houses are moving rather quickly right now.

I did jump in and get that Bluetooth after all and upgraded to the Blackberry Pearl .... I guess you always thought I was just sitting at the computer when you get those quick reponses - NOT !!!!! But at least now, I can be driving and not be reaching for that ever ringing phone. It does make life a little easier. It frees up your hands for writing now !!! LOL.

I must say finally getting settled has taken an extra bit of workload off of my plate. I hate to admit it but "Thank God for the movers !" I could have never moved us over here .... I think I would still be back at the old place.

It is sooooooo peaceful here.. in the morning I sit out on my porch and the chipmunks come and sit with me. Wow, I have to admit, me sitting with chipmunks sounds crazy but it is really a nice feeling. Instead of listening to police sirens and noise, I hear the birds. It is like my cottage in the City so speak.

I will definitely be having my buddies over real soon, just let me get a few more boxes unpacked and little more done (work wise) and then it is POOL PARTY time !!! Hope to see you there.
Have a great week everyone !
Cheers,
Michelle

THE MOVE IS ON !!

2007-05-23T23:48:00.000-04:00

Well everyone, the move is set for Monday and then just a quick clean up of the old homestead and we are off to greener pastures !! I am looking forward to it. I think change is good for everyone ....... once I am settled in, I will have all my friends over for a pool party and a laugh.

The market is pretty busy right now and everyone seems to want to move !! Which I think is a good thing. Interest rates went up this past weekend so if you are thinking on making a move, get pre-approved and lock in your rate now. You never know what another 90 days might hold.

The new house is moving along. The hardwood floors are in the upstairs at least. Didn't get the main floor done but the wood is there, so that is a good thing. Hopefully all will go well and I will be able to come on here next week and fill you in on the last of the moving details.

As for Sutton, its great !!! Should have done it sooner. What a great group of people work there and we all seem to really get along. So all in all, I can't complain.

Have a great weekend everyone - I hear the weather is going to be great !
Cheers
Michelle

I CAN'T BELIEVE IT !

2007-05-14T23:01:00.000-04:00

Well here I sit at 11:02 pm on a Monday night and am no closer to moving into my new house than I was a week ago. So much for the brilliant idea of bridging and not moving out in one day. I think the more time you have to move, the less you do. Now we are getting down to the wire and if you walked into my old house, you wouldn't think it was different from any other day other than a FEW and I mean FEW boxes.

I should of thought of this from a Realtor's point of view. Who the heck moves in their busiest season. As anyone in real estate knows, the Spring market is huge !! What do I do - I decide to move. DAH !!!!!!!!!!!!!! There is something to say for October and November closings. (lol)
Now I laugh.... let me tell you, I wasn't laughing yesterday. Not only was I supposed to do the shelf paper in the kitchen cupboards, I had an offer on the go and it was above all, MOTHER'S DAY.

And did I mention, I am a mother too !!!!!!!!!!! Where is my holiday in all of this ! Not that I want a holiday, just a half hour without my Blackberry buzzing would be nice. But I guess I shouldn't complain. Business is good and the market is healthy and I lucky to have calls to answer . So on that note, I have a great listing in Whitby and another one coming up this week in Pickering, not to mention a potential one in Bowmanville. You see, I get around (ha ha)

I guess in between all this, I better get some packing done because the end of the month will be here soon and then I am in real trouble. Stay tuned for my next adventure ... blue tooth?
To get one or not to get one? What do you think? I can't tell you how many times I have said "hello" to someone who wasn't talking to me but was talking on their bluetooth and now I am considering getting one !!!

Will I or won't I?????????????? The jury is out.

WELL .... I'M STILL ALIVE !

2007-05-05T08:59:00.000-04:00

Sorry, its been a while but anyone who has moved can relate !!! I still don't know where anything is or what to do next but I will manage. It's back to business this weekend. The blackberry is buzzing with new Spring business. It is amazing what a little nice weather can do for people who are considering a move. Having just done it first hand, I can tell you it is a big decision. I am thrilled with my new home. It is like living in the country but still close enough to shopping, that I don't feel like I am living on Green Acres (not that anything is wrong with Green Acres !). As long as I don't have to climb a telephone pole to make a phone call - it's all good !!!!! Off to a listing presentation but stay tuned. The unpacking is next !

Who says moving is easy !

2007-04-30T20:54:00.000-04:00

Well I can't believe it .... I list and sell homes for a living but have lived in mine for the past sixteen years and believe it or not, this week is the BIG MOVE ! Thursday May 3rd actually. I can't believe how stressful it is. I now have sympathy for all my clients when they are moving. Who would have thought you would accumulate that much CRAP and not know it .... I don't even know where to begin.

Finding boxes is one thing - packing them is another. Never mind the unpacking (ha ha). Oh well, I guess the fun is just about to start. Last time I moved, our patio table flew off on the 401 - of course, my brother was driving. Never a dull moment ! On that note, I better go pack some more of I will never be ready for Thursday. Anybody want to help me ??????????????????