Steven  Maislin

Steven Maislin

Broker, Certified Specialist IRES, ABR, SRS, SRES, RENE

RE/MAX Realtron Realty Inc, Brokerage *

Mobile:
416-518-7701
Office:
416-782-8882
Email Me
Steven  Maislin

Steven Maislin

Broker, Certified Specialist IRES, ABR, SRS, SRES, RENE

RE/MAX Realtron Realty Inc, Brokerage *

Mobile:
416-518-7701
Office:
416-782-8882
Email Me
Steven  Maislin

Steven Maislin

Broker, Certified Specialist IRES, ABR, SRS, SRES, RENE

RE/MAX Realtron Realty Inc, Brokerage *

Mobile:
416-518-7701
Office:
416-782-8882
Email Me

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A little about meLOCAL EXPERTISE

Buying, Selling, Leasing or Investing in real estate is sometimes a complex undertaking. Hiring me, a real estate professional will help save you time and money.
Together, we will determine your needs and wants and find or sell your property.
I promise to make your real estate experience stress-free and agreeable. I possess a wide range of real estate experience and guarantee to find or sell your property in a timely and professional manner. I will offer you leading edge services and products within your upcoming real estate transaction.


I service the Toronto area and specialize in Relocation, Industrial, Investments, Luxury Homes, New Construction, Office, Retail, Residential Acreages, Business Opportunities, Land, Multi-Family, Development Land, Lake/Beach Property, Condominiums, Farm/Land, Horse Property, Buyer Brokerage, International and Property Management.


Civic Activities:

Children's Miracle Network, Habitat for Humanity, Baycrest



Specialty: Find, Negotiate and Close.

Experience: over 27 full-time glorious years

Awards: CPSA Sales Person of the Year, Certified Specialist IRES, ABR, SRS, SRES, RENE

Area Covered: Toronto, GTA, Vaughan, Thornhill, Forest Hill

Languages Spoken: English



 

 

 

 

 

June 2017

 

Dear Friend

Traditionally, the Toronto spring market’s months of April and May are the most active months for Toronto realtors. 2017 bucked that trend, as March’s record breaking number of 12,027 homes sold (18% more than March 2016) took many buyers that would have normally purchase in the spring market.

 

While the 10,196 homes sold in May are great numbers, they are down 20% from May 2016. The listing inventory increased to 18,477 homes and though it’s an improvement, we are still in a Sellers’ market as buyers do not have many choices of homes to buy.

The question of price is a great question. The prices that homes sold in February and March were record breaking prices, perhaps overinflated due to competition and the media. As the market took a breather after 30% plus price increases, those sellers who had bought and were waiting to sell in the spring market are now not getting the prices they expected. Today’s sales are not getting March’s record breaking prices! Prices are still strong, but are down from the prices we saw in March. Sellers caught owning two properties have to adjust their price expectation. The result, prices down. Those sellers pricing their home correctly in the new market conditions are getting multiple offers and selling quickly.

 

The good news is that the underlying factors that have caused price increases in the Toronto market have not changed. Lack of supply, low interest rates, high immigration, a strong economy and other positive factors mean that prices will continue to rise at a more normal 4%-7%. But prices will rise!

 

Some buyers have adopted a “wait and see attitude” before they act, this reduces competition. Over the next two months Sellers with two homes will reduce their prices so as not to be stuck with two properties. These factors will create a great opportunity to buy before we go back to the type of market we saw last year. Prices will not go up 30% in one month, but the demand is too high for prices not to increase.

If you are considering buying or know of someone who is thinking of buying, give me a call. Let me share with you my thoughts about why Toronto prices can only increase. The rest of the world thinks Toronto is a great place to invest in real estate, we should as well!

Have a great month!

 

Your Friend in Real Estate.

 

PS. I’m never too busy for your referrals!

Steven Maislin, I.R.E.S. ABR, SRS, SRES

Broker
Direct: 416-410-6000
1-800-567-LIST (5478)
Text/Cell: 416-518-7701
Office: 416-782-8882
Twitter: @stevenmaislin
 
RE/MAX Realtron Realty Inc., Brokerage
2815 Bathurst St., Toronto, ON M6B 3A4, Canada
 
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