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Catch-up on the top news stories about real estate in Toronto and the area from the week past. Never miss an important news story again!   elink.io | See Original

Exclusive: George Strait's Agent—and Daughter-in-Law—Gives Us the Inside Scoop on His Fabulous Custom Home by realtor.com 03/12/2021 We sit down with Tamara Strait, whose dad is George Strait, the "King of Country." She walks us through the amazing handcrafted details in her father's $7.5 million San Antonio home, which epitomizes Southwestern luxury.

National homeowner equity grew in the fourth quarter of 2020 by $1.5 Trillion or 16.2% year-over-year based on a CoreLogic analysis.  The study was done on the six out of ten homeowners who have mortgages on their home. The fourth quarter of 2020 also saw the number of mortgaged residential homes with negative equity decrease by 8% from the third quarter.  Compared to the same quarter in 2019, negative equity decreased by 21%. Equity is defined as the value of the home less the mortgage owed.  Negative equity means that the homeowner's debt is more than the value of the home.  Appreciation is the dynamic that is moving homeowner's equity to the positive position. On a national basis, according to National Association of REALTORS®, annual price growth for the last ten years has been 6.4%.  In the last five years, it has grown at 7.3% annually.  According to the CoreLogic Home Price Index, home prices in December 2020 were up 9.2% from the year befo...

 

With the pandemic still on-going, many of us are turning to home improvement to while away the days. Here are some signs of why it may be time to turn your focus to a kitchen makeover! by Nicola Hughes For most people, the kitchen is one of the rooms in their home that they spend most of their time in. From cooking and enjoying food, to spending time as a family, the kitchen can have multiple uses and provide the perfect space for a range of activities. However, as we use our kitchens so much, they are often one of the rooms in your house that needs a refresh more frequently.  While many people consider revamping their kitchen space to be a time-consuming and expensive project, making the necessary changes doesn't have to be as stressful as you might think. So, if you have recently moved into a new property and want to put your own stamp on the place, or you have lived in your current home for some time, then here are 5 signs that it’s time to give your kitchen a much-needed makeov...

  A garbage disposal can be a great addition to your kitchen. If it is not taken care of correctly, though, the blades can dull or rust over time, and the overall effectiveness of the disposal will drop significantly. With proper care and maintenance, you can add years to the effective life of your garbage disposal. Perhaps more importantly, the care that you put into your disposal now will pay off in the long term by helping to prevent costly repairs and the premature replacement of your disposal unit. PROPER GARBAGE DISPOSAL USE One of the best things that you can do for your garbage disposal is to learn how to use it properly. This may seem like a no-brainer as most garbage disposals simply require you to put your scraps in and flip a switch; in reality, though, there is a bit more to it than that. If you are sending the wrong items down your disposal you can dull the blades, clog it, or even damage your unit, which can lead to costly repairs. Ideally, you should use your ...