HAPPY NEW YEAR!!

Greetings happy reader! We want to wish everybody a Happy New Year, and wish you all the best for 2009! I'm still working on a motto for this year; how about "Doin' fine in '09!"? I think that sums up our attitude for life, and for our real estate business.

This year real estate is going to be great - better than last year, I can almost guarantee it! The financial markets are perking up a bit (the TSX is back above 9000), and the recent shopping season blew the socks off all the negative talking heads on TV. It seems that the average citizen disagrees with the 'experts'! As soon as the media stops boring us with all of their doom and gloom, watch for the Toronto real estate market to pick up again. If you are a buyer, don't wait! Now is a great time to invest in the Toronto market - especially if you are a 'move up' buyer. You will take a bit of a hit on the house you sell, but you will make up more on the house that you buy.

Just remember this: once the market turns, it will bounce fast, so don't sit on your hands for too long. Most industry experts (also known as Realtors) believe that we will stay in a balanced market for the time being. Balanced is good, but I'm not so sure that it will stay that nice for long. I'm expecting that, once buyers see other buyers step in, the rush will be back on. You heard it here first. ;)

Once again, Happy New Year!!