Welcome to The Procenko Team blog
A place to go for current real estate news, local events and neighbourhood happenings (and other cool things).
Rapidly increasing mortgage rates continue to lead to more balance in the market. GTA home sales in July were down 47% from last year, while annual price growth moderates, and buyers benefit from greater choice.
With mortgage rates continuing to rise, buyers are taking advantage of greater selection, less competition and stabilizing prices. Home sales down 41% compared to last year.
With mortgage rates increasing steadily this year and expected to continue to grow, many sellers are unsure of whether they should sell or hold, and what to expect as we move towards a more balanced market.
Thinking about putting your home up for sale? Before you do, there are a number of home improvement projects that you should consider taking on first. Here are some questions to ask when determining whether or not it makes sense to install new carpeting
It's "spring market" yet GTA home sales in May were down 39% from last year and prices up almost 10%. Here's what's happening in today's evolving market.
Buying a house is an emotional decision and one of the sure-fire ways for a seller to get top dollar is to capitalize on that emotion. When placing your house on the market, creating this magical feeling for buyers often requires improvements and staging
In recent weeks, we have seen a slight decline in home prices throughout parts of the GTA as buyers are feeling less urgency while also worrying about rising interest rates. Houses that two months ago might have been getting 10 offers are
With higher borrowing costs and buyers moving to the sidelines to reposition themselves in a higher rate environment, the GTA housing market continues its adjustment with transaction numbers down.
With Mother's Day weekend just around the corner, take a look at this great list of ideas we're prepared of things to do in Markham. Mom is sure to enjoy!
Happy Mother's Day!
The "sanity" is a market that is coming back to reality where we see signs of "market relief" with more listings coming to market and fewer multiple-offer scenarios. There's still really strong demand but the calm people have been hoping for has arrived
When you conduct a home inspection, you want to know if there are any major problems and what's involved in fixing them. A good home inspector will identify any issues, give you an introduction to your future house and offer suggestions on how to maintain
Many parents are still storing items that belong to their adult children, who now have homes of their own. But you're now on a mission to live a simpler life and have decided that it's time to get rid of their stuff. So how do you go about it?
For many buyers, the thought of even a small increase is mortgage rates is stressful. But there are so many more factors to consider than just the rate you see - many of which will affect your cost of borrowing as much as (if not more than) rate
Sales down across all major market segments. A slightly more balanced market and moderating price growth.
Are you ready to get rid of the clutter in your home, but don't know where to take them? Well, here's a list of where you can start.
Here's a list of some amazing and fun Easter activities in Markham and Unionville! Lots of variety for the whole family. The kids will have a blast!
Painting your walls can be a great way of adding a new pop of colour to your home and transforming your space. Let's take a look at this year's colours of the year, announced by 4 of the biggest names in paint.
Home sales and new listings down. Signaling a modest move in the direction of a slightly more balanced market.
Smells can be one of the most powerful senses when it comes to how prospective buyers feel about your home and this can play a significant role in determining how long they'll want to stick around and whether or not they'll want to make your home theirs.
Decluttering? If you have gently used clothing, furniture, home items or electronics that you aren't using anymore, consider selling them online. The 'social' marketplace makes it quite easy to sell your items without even leaving your home.
Trends we're seeing in these first couple of months are predicted to continue playing out through the rest of the year, including strong consumer demand, low inventory and a highly competitive landscape for buyers.
Strong demand continues. Listings remain in short supply. Active listings at the lowest level in more than two decades. What can we expect this year in 2022?
If you're ready to remove the excess clutter from your life, here are 5 of our favourite decluttering tips to help you purge and organize your home for a clean start in 2021.
It is remarkable that the pandemic has proven to be the major driver of one of the strongest real estate markets ever seen in Canada. Hot housing trends continue to be double-digit price gains, suburbs and a fully recovered (and sizzling) condo market