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Boomers, Millennials and the McMansions No One Wants

Boomers, Millennials and the McMansions No One Wants
Boomers, Millennials and the McMansions No One Wants   As baby boomers look to downsize out of their suburban McMansions, a generational showdown is looming: Millennials might be coming into their own as the province’s biggest  group of first time home buyers, but they aren’t exactly  lining up with offers in hand for those large, expensive homes in the suburb’s. Instead they're looking for a different kind of home- the same ones, in fact, that the empty nesters are looking to buy.   It’s a battle of the millennials vs. baby boomers playing it out in the province’s suburban housing markets.   Younger and older generations alike are gravitating towards smaller dwellings in more urban, walk able suburbs and towns with restaurants and coffee shops around the corner. It’s leading to a real estate woe: Increasing, boomers are getting stuck, because most can’t buy the home of their dreams until they unload their current ones. And many millennials have neither the desire…

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What's Driving Lakeshore's Real Estate Home Listing Shortage?

What's Driving Lakeshore's Real Estate Home Listing Shortage?
What’s Driving Lakeshore Real Estate’s Home Listing Shortage? There's a definite lack of housing inventory, and part of it can be attributed to sellers staying put   “Inventory,” “low inventory,” “multiple offers,” “low,” “high,” “strong,” “new” — those words paint a clear picture of an unbalanced housing market, one where buyers are competing for too-few homes for sale. One major contributing factor to the state of the market is that fewer homeowners seem interested in selling. But why?   Most sellers are also hoping to buy, so they are facing the same market constraints as buyers. Housing supply has not kept up with demand because building has become increasingly expensive. The fear of rising mortgage rates and equity concerns could encourage homeowners to stay put and renovate. Agents need to focus on educating clients (both buyers and sellers) and be creative when looking for listings. Call or Email us to discuss how we can help you !  Phone:…

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Let me introduce myself ...

Let me introduce myself ...
Let me begin by introducing myself , my name is Tina Roy and I am a Real Estate Broker who specializes in Windsor-Essex County where I reside with my husband Marc and 2 very active boys Sebastien & Isaac.  I take great pride in being active in my local community and contribute whenever I can in both a personal and professional manner. It brings me great joy in helping others. With that being said I guess you could say I'm a "people person" which has lead me to 13 year in this wonderful and sometimes very eventful Real Estate Business.  Over the years I have has the opportunity to work alongside many influential people who have guided me to where I am today. The thought of helping someone find their forever home, income property or even sell their home to travel to exotic locations is what drives me to take it to the next level. Learning new and creative ways to please my clients and provide them with a pleasant experience. It's a beautiful thing when a career and a…

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Advice for Single Homebuyers

Advice for Single Homebuyers
More then a third of first-time homebuyers in Canada are single. If your thinking of joining the crowd, here's what you should know before leaping into homeownership.  Identify the neighbourhoods you want to live in, check out Realtor.ca to see how much properties are selling for in your desired location. Next you will need to figure out how much you can afford. Don't forget to include estimates for property tax, utilities and insurance just to name a few. If you're thinkning of purchasing an apartement or condo don't forget to account for the additional fees such as building and maintenance fees.  Assemble your Team A home purchase should involve Financial, Legal and Real Estate professionals. Before first-time home buyers start exploring properties it is extremely important they meet with their financial advisor. Reviewing your entire financial picture- debts, assets as well as budget is something that a professional can help you understand and offer strategies to improve. …

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Land Transfer Tax Rebate Improvements for First-Time Buyers

Land Transfer Tax Rebate Improvements for First-Time Buyers
There is some outstanding news for first-time homebuyers in Ontario. Effective January 1st, 2017, the Province of Ontario has doubled the Land Transfer Tax (LTT) rebate for first-time home buyers from $2,000 up to $4,000. This also means that a first-time buyer that is purchasing a home for $368,000 or less will not pay any provincial tax on their home. Ontario REALTORS® have lobbied hard for improvements to the first-time homebuyer rebate, and we are proud to promote this increased rebate. This change is important as it helps make the dream of homeownership even more affordable for residents of Ontario, giving even more people access to all of the benefits that come with owning their own home. Want to know more about what the increase in the LTT rebate means for you and your ability to purchase a home? Talk to me today! I can help you learn more about the costs involved in buying a house, assist you in discovering all of the advantages that you have as a first-time homebuyer, and guide…

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Top Agent Magazine Feature Story on Tina Roy

Top Agent Magazine Feature Story on Tina Roy
After 11 years in the business, Tina Roy can say with certainty that real estate is her dream career. Previously, she worked as a material manager at Daimler Chrysler. A friend suggested she look into real estate, as her husband ran a brokerage. “That was just enough to push me, and here I am,” Tina explains. Today, she works with REMAX Preferred Realty Ltd., and came in second individual in her company for production volume in the first half of 2016. Serving Windsor - Essex County, she mainly works with referrals. “I would say around 98% of my business is repeat/referral,” she says. By treating her clients right, putting their wants/needs first, and providing superior service, word spreads naturally about her work, and she grows from there.   But it’s not only Tina’s client-first mentality that sets her apart, it’s also her honesty. “It’s about being appropriate and fair with people, being professional,” she says. “I aim to bring value and support to every situation.”…

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