" Your AMIGOS in Real Estate "
May 19th, 2012 
The Cristian Vergara Team
Broker



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Professional Designation

Gustavo Vergara Specializes in Buying and Selling Residential Real Estate, working with investors, first time homebuyers, clients relocating to and from here. He services the Greater Toronto Area and surroundings including Durham Region, Pickering, Ajax, Whitby, Brooklyn, Oshawa, Courtice and Bowmanville.

Working with “The Cristian Vergara Team” he has devoted himself to provide excellence and a dedication to the satisfaction of his clients from start to finish in their Real Estate deals. Gustavo Vergara has an intensive background in customer service from being in the hospitality industry which drives him to be compassionate and understanding to his clients that is unsurpassed.

The role of the Real Estate Agent is changing rapidly along with the business, one has to keep up with the times and technology. Gustavo is continuously upgrading his skills from internet social media training, Contract Law courses, Mortgage and financing seminars, to building green homes, all to serve you better.

Gustavo Vergara enjoys being a Real Estate Sales Representative; and is committed to making your journey of buying or selling as easy, enjoyable, and knowledgeable as possible. He wants you to tell your friends and family that you …

“Have an AMIGO in Real Estate.”

“The greatest compliment I can ever receive is from a client who recommends me to a friend or family member. There is nothing more valuable. That's why I work tirelessly to ensure an exceptional outcome on every transaction for every client!!”

If you are in the market to buy or sell a home, or if you have any questions contact us!!
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   April has been a very busy real estate market, we are still seeing many areas go into multiple offers and get all time high prices. The driving force behind this seems to be that there are not enough homes for sale. The low interest rates are allowing many people afford their dream home. We been selling homes east to west, north to south, and not all markets are moving at the same pace. Also not all price ranges are going at the same pace in the different areas. For example in one area the $500,000 price is constantly going to multiple offers, while in another area it does not move. Interest rates are a touch higher than they were in January, but still as some all-time lows. It is still a great time to investment or purchase for personal use. Call Your AMIGOs in Real Estate.

 Below is the market report from the Toronto Real Estate board for April:

 

Market Watch  

Market Remains Tight with Sales Up in April

May 3, 2012 -- Greater Toronto REALTORS® reported 10,350 transactions through the TorontoMLS system in April 2012. This level of sales was 18 per cent higher than the 8,778 firm deals reported in April 2011. The strongest sales growth was reported in the single-detached market segment, with transactions of this home type up by 22 per cent compared to a year ago.

“Interest in single-detached homes has been very high, both in the City of Toronto and surrounding regions. Growth in single-detached listings has not kept up with demand, which means competition between buyers in this market segment increased. With this in mind, it was no surprise that the strongest annual price increase was also experienced in the single-detached segment,” said Toronto Real Estate Board President, Richard Silver.

The average price for April 2012 transactions was $517,556 – up 8.5 per cent compared to April 2011. While price growth was strongest for single-detached homes, the better-supplied condominium apartment segment experienced a more moderate annual rate of price growth, at four per cent.

“Monthly mortgage payments remain affordable for home buyers in the Greater Toronto Area. While interest rates are generally expected to increase over the next two years, the extent and timing of rate hikes has been thrown into question by slower than expected economic growth in the first quarter of this year. On net, borrowing costs are expected to remain a positive factor influencing home sales through 2012,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.