Bank of Canada announces it will maintain its target rate at 1/2 per cent

Greetings from Fabulous Mississauga!

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

This means that mortgage rates and bank prime rates should be steady for next month or so.  Of course lenders can offer rate specials that you may be able to take advantage of.

Prime lending rate to consumers will likely stay at 2.70%

Inflation in Canada is on track to return to 2 per cent in 2017 as the complex adjustment underway in Canada’s economy proceeds. The fundamentals remain in place for a pickup in growth over the projection horizon, albeit in a climate of heightened uncertainty.

Read more at this page

I hope this finds you Happy and Healthy!

All the Best!

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829  CELL 416-520-1577
mark@mississauga4sale.com

Mississauga4Sale.com

• Thinking of selling your home in the next 3 to 6 months?  Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
  http://www.mississauga4sale.com/internet-evaluation.htm
• Power of Sales and Foreclosureshttp://www.mississauga4sale.com/Power-Sales-Bank-Sales-Alert-Request.htm
• If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
  http://www.mississauga4sale.com/popupquestion.htm
• See seasonal housing patternshttp://www.mississauga4sale.com/TREBprice.htm

How to get top dollar for your home - article from MoneySense

This is an article that appeared in MoneySense about How to get top dollar for your home and some information the current state of our real estate market in 2011.  Too bad we didn't have the foresight back then to see how much the average price would increase, otherwise we would have purchased many properties!

Read the full article here

I wish you the best,
Mark

Whatever the mind can conceive and believe, it will achieve

I received this email and thought I would share the contents with you.  

I am a firm believer that 'whatever the mind can conceive and believe, it will achieve'  This has been my credo since I can remember.  

I firmly believe that you have to visualize your success in order to become successful in life or any venture you undertake.

Some of the "words of wisdom" that came across my plate recently are shown below.  The key is that you can't afford to be an average leader.

Enjoy!
Mark

So, how do you become the great leader that you want to be?

One method is by studying, learning and teaching the principles that Dr. John C. Maxwell shares in his powerful program, Lessons On Leadership.

He talks about LEADERSHIP DEVELOPMENT, SUCCESS and TEAMWORK.

This is a comprehensive program for self-training, teaching and mentoring.

Some of the key aspects of leadership are
* Growing yourself and your team
* Learning the role of serving in leadership
* The importance of modeling
* How to connect with others
* Causing people to learn
* Gaining ideas for effective teaching
* Ways to sustain motivation
* Establishing trust
* Rebuilding when trust is gone
* Challenges of leading from the middle
* How to keep the leadership pipeline pumping
* Learn principles leaders practice to lead up
* The principles of leading peers
* Becoming a person of influence
* Competing vs. completing
* Making your attitude your greatest asset
* How to deal with discouragement
* Dealing with change
* How to profit from failure
* The four major benefits of listening
* Moving others to action
* How to avoid losing touch with your people
* Leading on the basis of trust
* Avoiding inconsistent leadership
* The pitfalls of personal insecurity
* Making the tough calls
* And many more!

I spend a great deal of my time visualizing and determining that there is no other outcome in my life other than SUCCESS and the methods of achieving success are:

* Adding value to yourself and others
* Knowing your purpose in life
* Growing to your maximum potential
* Sowing seeds that benefit others
* How motives matter
* Characteristics of people who influence others
* Evaluating what you do with your time
* Doing the right things right
* Living with integrity and leading by example
* Developing a winning strategy or "big idea"
* Building a great management team
* Inspiring employees to achieve greatness
* Creating a flexible and responsive organization
* The 10 traits successful leaders have in common
* Four strategies that will keep you moving
* Leading from the front
* Holding others accountable
* Building on strengths
* Forming relationships
* Making good decisions
* How to prioritize decision-making
* Avoiding decision-making traps
* And many more!

TEAMWORK is another area that I focus on:

* Understanding the value of unity
* Diversity in skills
* Gathering and growing a team
* Creating an environment that rewards creativity
* Motivating your team for unpleasant challenges
* The four stages of training
* Commitment that inspires results
* Communication that increases effectiveness
* Adding value to team-mates
* What a coach should communicate
* What a coach should look for in players
* Adding value individually and collectively
* Coach John Wooden's nine promises to make and keep
* Motivating players to fulfill their roles as part of the team
* Paying attention to fundamentals and details
* Five steps of teaching
* Players vs. pretenders
* Having a servant's mindset
* Why hard choices are hard to make
* And many more!

One of the benefits is that you will experience significant impact on your own growth and the growth of those around you

Read more about:

• Interest Rates
• Power of Sale Properties
• Price Trends
• or Search the MLS and more at my website

Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? | Best Mortgage Rates | Current Home Prices | Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com8 Website : Mississauga4Sale.com

• Thinking of selling in the next 3 to 6 months?  Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
• On-Line Real Estate Newsletter sign up
• See seasonal housing patterns

Annual real estate cycle for Toronto and the GTA in Ontario over the past 20 years

Greeting from Fabulous Mississauga!

The graph below clearly shows the pattern of the annual real estate cycle for Toronto, the GTA in Ontario over the past 20 years.

 

This graph shows the cycle of how average price increases in the late winter and early spring, decreases during the summer months, increases again in the fall (but usually not as high as the highest price in the spring) and then decreases again over the  early winter months. The cycle repeats itself with near certainty, year after year and has done so since at least 1995.  When will this regular price increase stop? Nobody knows for sure, but it's a very interesting trend to see the seasonal fluctuations in home prices. The only period that didn't show this regular increase was late 2008 to early 2009 during the Global Financial Crisis when housing prices fell more than 50% in some markets in the USA and elsewhere.  We only experienced a small downward 'blip' in our prices and then the steady increase began again in the spring of 2009 The graph below shows average single family residential prices of homes for the Toronto Real Estate Board.  Or, maybe you would like to see the average prices of single family residential homes since 1985

Read about this and see the graph online at this page

Read about this and see the graph online at this page

I hope this finds you Happy and Healthy!

All the Best!

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829  CELL 416-520-1577
mark@mississauga4sale.com

Mississauga4Sale.com

• Thinking of selling your home in the next 3 to 6 months?  Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
  http://www.mississauga4sale.com/internet-evaluation.htm
• Power of Sales and Foreclosureshttp://www.mississauga4sale.com/Power-Sales-Bank-Sales-Alert-Request.htm
• If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
  http://www.mississauga4sale.com/popupquestion.htm
• See seasonal housing patternshttp://www.mississauga4sale.com/TREBprice.htm

Graph showing TREB Historical Average Price Data

Greeting from Fabulous Mississauga!

Below is a Graph showing TREB Historical Average Price Data

• The graph below shows a graph of sales price data obtained directly from the Toronto Real Estate Board showing the average selling price of single family homes from 1985 to date in our GTA marketplace.
• Note the historical trends for spring and fall price increases, where spring typically has a larger increase compared to the fall.
• The benchmark for changes in price is chosen to be the average price of homes at the last height of the market, which was $273,698 in 1989

See the graph online and read more about this online at this page

See the graph online and read more about this online at this page

I hope this finds you Happy and Healthy!

All the Best!

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829  CELL 416-520-1577
mark@mississauga4sale.com

Mississauga4Sale.com

• Thinking of selling your home in the next 3 to 6 months?  Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
  http://www.mississauga4sale.com/internet-evaluation.htm
• Power of Sales and Foreclosureshttp://www.mississauga4sale.com/Power-Sales-Bank-Sales-Alert-Request.htm
• If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
  http://www.mississauga4sale.com/popupquestion.htm
• See seasonal housing patternshttp://www.mississauga4sale.com/TREBprice.htm

You can save money when comparing the 1 year and 5 year mortgage interest rates

Hello from Fabulous Mississauga!

Interest rates are always on people's minds.

See the graph and read more online at this page

A very interesting relationship is between the 1 year and 5 year mortgage interest rates compared over time. 

People often ask me if they should choose the short term rates or lock in for the long term rates with their mortgage. 

The answer is not simple and often depends upon your personal situation and your risk tolerance, read more about locking in your mortgage for the long or short term. 

The graph below shows you the difference between the 1 year rate and the 5 year rate. The wider the gap, the more opportunity for you to save money by having a short term mortgage.  This may give you some insight into what you may wish to do by comparing the difference between the short and long term rates over the past decade or so and how the difference fluctuates.

See the graph and read more online at this page

I hope this finds you Happy and Healthy!

All the Best!

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829  CELL 416-520-1577
mark@mississauga4sale.com

Mississauga4Sale.com

• Thinking of selling your home in the next 3 to 6 months?  Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
  http://www.mississauga4sale.com/internet-evaluation.htm
• Power of Sales and Foreclosureshttp://www.mississauga4sale.com/Power-Sales-Bank-Sales-Alert-Request.htm
• If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
  http://www.mississauga4sale.com/popupquestion.htm
• See seasonal housing patternshttp://www.mississauga4sale.com/TREBprice.htm