Stephanie Pavao- Realtor
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Build wealth through real estate and live a life of possibilities and passion! I help families across the GTA with all their real estate needs.
If you or someone you know would like to buy a home, sell a home or invest in real estate, I can make the process stress free and give you clarity. Eu falo portugues!
🔹What’s Actually Happening?!🔹
There are no 2️⃣ ways about it: the real estate market has changed. But that’s not necessarily a bad thing! A lot of stress about it can be resolved with clarity in understanding what exactly is going on:
PRICES: As we have seen in the few months, prices are trending ⬇️- now at almost 6%🔻since last year. The heaviest hit are detached homes - with a double-digit drop of 11%. Higher-density home types (this means condos & townhomes) are the least affected - & in fact, the condo market is still showing a very minor price📈 (more on that 👇).
Here’s some reprieve: the drop seems to be levelling - compared to the month prior at least - there was no further drop in detached home prices, condo prices had a 2% drop & semis & townhomes actually jumped ⬆️.
Prices are affected by 2️⃣ things:
INVENTORY: it's a major issue in the GTA - & aside from this, there is a huge drop in the # of new listings. Looking at October, we have not seen this 🔽 in new listings since 2010. Those condos & semis we mentioned have the least new listings, which is why we are seeing consistency in pricing. This short inventory across the board is also why we could be seeing those price drops slowing month to month.
ACTIVITY: People are scared or uncertain. Homes sales are down 49.1% year over year - but showing almost the same activity in Oct as it did in Sept Listings are now taking 83% more time to sell. Borrowing costs are ⬆️ There is economic uncertainty, & we are entering the winter market. Many are turning to rentals as a solution.
🔹Why should I care?🔹
There should be no reason to fear the market. If you are looking to buy & sell, right now it comes to understanding exactly what is happening, what to expect & how to approach it - an understanding that should be driven by expert advice & facts.
One important thing to keep in mind: these stats are from October so they will not reflect that last rate change & the results of this. Experts are predicting these rate changes should moderate the market for next year, but market conditions (inventory, immigration, etc) will keep real estate active.
11/07/2022
Urban Living in a Park Setting
1+1 🛌
1 🛁
DM for a private tour!
-Step inside upgraded, Unit 603 with a rare generous entrancewav! Hardwood floors throughout: Den can be used as a work-from-home space and a dining area! A well-appointed kitchen with built-in appliances, stone countertops, and a kitchen island. Spacious and bright living room with floor-to-ceiling windows leading out to a balcony overlooking the park. The bedroom features closets along one wall and floor-to-ceiling windows.
Grocery, restaurants, TTC at the doorstep.
Join us online
• '**' Wednesday, October 12th at
7:00 PM for a State of the Real Estate Market with CEO of the Ontario Real Estate
Association, Tim Hudak.
With all the uncertainty in Toronto Real Estate right now, a lot of our clients are wondering how the current state of the market has been affected by interest rate changes AND what this means for you as a possible buyer and/or seller. go
© In our 60-minute virtual discussion, you'll get answers on recent and proposed policy changes, and what the current climate of Ontario's affordability crisis is.
THIS one-time online webinar will not be recorded. Visit the link in my bio to reserve a spot for you and a friend!
09/23/2022
⭐️⭐️Just Listed!!
Rare Opportunity in Long Branch!
🛌3BR
🛁2BA
DM me for a private tour!
🏡
Experience the charm of a small community by the lake. This home has elegant style and tons of character. Located in the Long Branch community.
Located on one of the most desirable streets, this 3 bedroom, 2 bathroom 1.5 Storey detached home, on a massive 50X151 lot.
It's a rare opportunity for the market and a perfect opportunity to live in, renovate, or build your dream home.
The fully fenced backyard is private and full of luscious gardens where you can enjoy entertaining friends and family with lots of room for the children and dog to play.
📍 Location & Lifestyle
On Etobicoke's western edge, the Long Branch neighbourhood is a picturesque waterfront community just off the shores of Lake Ontario. The property is a 5-minute walk to the waterfront and a quick 20-minute commute to the heart of downtown Toronto. You're also just a few steps from transit, including streetcar and bus stops plus the Long Branch GO Station, with several waterfront parks, a beach, a public library and countless restaurants, shops and other businesses along Lake Shore.
Long Branch is a destination for families, so whether you're first time homebuyers or established family looking for the perfect house, you'll find yourself at home.
The historic village dates back to the 19th century and maintains its quaint, family-friendly appeal while offering all of the urban amenities of the downtown GTA lifestyle.
Exciting News!! Listen here!⭐️⭐️⭐️
09/10/2022
⭐️⭐️⭐️Allow me to re-introduce myself.
Coach, and Realtor since 2013. Now the newest Team
Partner + Sales-Representative
After almost a decade of success in the Real Estate
industry, one may wonder.why join a team? I have a
belief as a coach that you must intentionally collaborate
and leverage your business. At North Group
we believe you are the product of who you surround
ourself with. You are a product of our energetic
surroundings! On why North Group? The family culture.
The systems, support, and accountability and the
opportunity to surround myself
with high-energy leaders".
I'm extremely passionate about self development to
ensure I stay top-class for family, clients, and myself.
My goal is to help everyone build a life full of
abundance, love and lasting legacy.
I'm very honoured and grateful to be part of this
amazing group!
09/08/2022
Bank of Canada increased rates by .75% with another possible rate increase to come in the upcoming months. What does this mean for you? I’m interested to hear your thoughts on what you think is happening for the fall market?
05/17/2022
💥Just Listed💥
Attention Investors!Beautiful Tree Lined Street. Raised Bungalow On Large 50 Ft Lot. 3+2 Bed. 3 Full Baths. Beautifully Renovated Basement With 2 Bedrooms, Full Bath & Updated Kitchen.
📍217 Maplegrove Ave
3+2 beds 🛏
3 baths 🛁
List price: $899,000
Message me to find out more 📲
04/28/2022
💥💥💥I have a huge announcement!! I'm so honoured and excited to be partnering with an such an amazing company, Real Brokerage!!
A lot of research and decision making went into this move. I've been in the industry for almost a decade now. I've been with some of the best companies in the world. I've learned from each and every experience. For that I am grateful.
Having spent years in both real estate and the personal development world, coaching entrepreneurs in a variety of business from the beginning stages, all the way to multimillions, this is the perfect match to blend my two worlds. My goal in life is to support others in living their best lives, full of abundance, health and love. I'm thrilled for the opportunity to use all of the skills I've built over the years and support other agents in building fulfilled lives and serving clients in building their wealth through real estate.
More news to come.....
04/20/2022
💥SOLD💥
Congratulations to my seller’s on the sale of their home. One step closer to your home in the city🎉 Such a pleasure working with you!!
04/13/2022
💥Just Listed💥
***2 units to choose***
An incredible opportunity is just around the corner. Rather you looking for your first home or investment property, contact us today and choose your favourite unit or both
Message me to find out more
www.goldkeyrealestategroup.com
Click here to claim your Sponsored Listing.