Volume 7 Issue 2
By Referral Only™
Realtor to cross Canada to fight
spinal cord injuries:
John Ryan Regeneration Tour
You heard it here first!! Soon the media will be introducing you to our newest Canadian Hero. Someone that I respect, admire and support. John Ryan is a Realtor in Whistler, British Columbia, and a very very successful member of the Royal LePage Real Estate Svcs. Ltd. Associates Broker Network.
Ryan has used a wheelchair since a 1994 car accident. He has unselfishly put his flourishing career on hold to embark on a journey across Canada in a modified wheel chair sport bike, which is powered only by upper body strength, and determination.
Newfoundland Realtors got the campaign off to a grand start with a fund raising luncheon April 30th, 1999. And he started off on his 5400 mile trek May 1st. He will face the most awesome elements of nature and geography that our country has to offer, with the ultimate goal of raising $5 million dollars in the continuing battle to conquer the fractured lives impacted by spinal cord injuries.
If all goes as planned, John will be in Toronto June 23rd -25th 1999.
His tour has been officially endorsed by Rick Hansen and Christopher Reeve, but needs our support.
Call me for more information.
Words To Find:
Win lunch with Julie Kinnear this summer! Please fax, call or e-mail the hidden word that will be made up of the letters not used. Please respond by June 28th. Your name will be in a draw for the fun lunch and be featured in the next newsletter!
Mortgage rates 26 May 1999Canada Trust Mortgage
Sue Pimento 416.405.8698
Term Posted Discount*
6 Mo. Conv. 6.60% 5.60%
6 Mo. Open 6.90% 5.90%
1 Yr Closed 6.30% 5.30%
5 Yr Closed 7.25% 6.15%
*Discount Rate subject to discretionary policy
*Up to 3% Cash Back on posted rates
Chit Chat Column
MBA Grad & In Demand - Joan Michener Schatz. Congratulations to my friend and client Joan Schatz. Joan was featured in the cover article of Maclean's Magazine May 10,1999, "Courting the Class of '99". Joan & Geoff bought their new home, as well as sold their previous home with me this spring.
The Stork Arrived! Welcome
Christopher Thomas Roche Born April/99 - Nancy Ginn Roche and Mike Roche are the proud parents! Big brother Andrew is thrilled!
Max Daniel Natterer Born 8.5 lbs in May/99 - Carolyn and Marty Natterer are thrilled first time parents!
To the world, you may just be somebody... But to somebody, you may be the world.
Neighbourhood Corner Riverdale
Riverdale boomed through the first quarter of 1999. At $314,992 the average price of semi-detached homes was up 18 per cent from the $267,668 recorded during this time in 1998. Further, the price of detached homes rose 13 per cent over the same time period, to $420,250.
Average time-on-market in Riverdale was a mere 19 days, less than half the city-wide average, and nearly 20 per cent of the houses in the area sold for more than their asking price.
Real Estate in The Beaches (the area running from Kingston Rd. to Lake Ontario, and from Woodbine Ave. to Victoria Park Ave.) showed a marked improvement over May 1998. The average price rose 13% from $331,395 to $375,081 and houses took a mere 16 days on average to sell, less than half the city-wide total of 39 days.se there.
Best May Ever
TORONTO - Monday 31 May 1999
Toronto Real Estate Board Members reported 6,296 sales in May, the best figure ever recorded for that month, TREB President Bill Palander said today. During the same period the average price of houses declined marginally, from the $233,053 recorded in April to $231,908.
Toronto's average resale house price reached $227,174 in March, an increase of nearly 3 per cent from both the $221,354 reported in February and the $221,564 reported in March of 1998.
"It is clear that we have entered a seller's market," said TREB President Bill Palander. "And with our low level of inventory, there is likely to be an upward pressure on home prices for the foreseeable future.
Canadians Love Their Cottages
A survey by Royal Bank shows that most people have been living at their cottages for at least one week per year, and know most of their neighbours by name and feel part of the local community. Most wouldn't sell them even if they were forced to move! To get together with family, and friends, and feel truly at home, people are heading to cottage country.
There has been major growth in retirement and rural communities north of Toronto and Montreal and in B.C.'s Okanagan Valley.
Thought for the Day
On Facing up to Adversity
I learned there are troubles
Of more than one kind.
Some come from ahead
And some come from behind.
But I've bought a big bat.
I'm all ready, you see.
Now my troubles are going
To have trouble with me!
I Had Trouble Getting to Solla Sollew