Home Savvy Blog

GTA real estate blog including information for home buyers and home sellers, market reports, real estate statistics, local businesses, GTA events, and sneak previews of homes soon to be for sale on the MLS®.

Proudly serving Durham, Halton, Peel, Toronto, and York Regions.

July 11, 2016

Pokemon GO Coming Soon to Durham Region and GTA

Pokémon GO

Pokemon GO

What is it?

In case you haven't yet heard, Pokémon GO is about to arrive in Canada, Durham region, and the Greater Toronto Area.  So what?  What is a Pokémon GO?  Well, it's a freemium (free download with in-game purchases), "augmented-reality" mobile game for both Apple and Android devices. The game was released in Australia, Japan, and the United States on July 6, 2016 and instantly became the Number 1 downloaded app from the App Store.  The game borrows a well-known universal brand, Pokémon, led by its ambassador, an animated yellow creature named Pikachu.  

How popular?

Here are some astonishing stats.  Only five days after launching the game, Pokémon GO had an estimated 7.5 million (U.S.A) downloads, already more daily active users than social media giant Twitter, and boasts an average daily usage of 43:23 minutes per day!

Pokemon GO vs Twitter

Pokemon GO usage chart

Corporations Nintendo and Niantic co-created the game utilizing the popular mobile-GPS, Google Maps.  Game players "hunt" with their camera, capture, battle, raise, and train virtual Pokémon whom appear throughout the real world, all through the lens of your mobile device's camera and GPS.

The game too, has been an instant hit with Canadians despite the fact the game has yet to be officially released in this country. Thousands of early-adopters have discovered creative methods to download the popular app, prior to being available to Canada.  Server-connection issues have delayed the official release in Canada to late-July.

Like many popular video games, playing Pokémon GO has its positives and negatives.  Players must capture Pokémon characters on foot, meaning that they must search for these beloved creatures by getting up off the couch and walking around.  However, the game can be so engaging, that it is easy to become distracted.  Minor injuries, traffic violations, and robberies have already been reported throughout the USA.  One should always exercise caution when using a mobile device, particularly near traffic.

Official Pokémon GO ad

Local effect in Southern Ontario

To see the incredible effect the game has already had on Durham Region, visit areas where many of the Pokémon creatures hide.  They are often found near parks, museums, churches, and waterfront. There you will find players of all ages, phones held perpendicularly extended from their chest, and wearing a smile once worn by a younger self.  One of the best locations to witness this frenzy of activity is Oshawa's Waterfront.  As you check into the Oshawa Community Museum, Lakeview Park, or the numerous park benches, you are certain to run into dozens of players; all seemingly eager to meet, converse, and share their joy of the game. If Pokémon GO can inspire people to get some extra exercise and make new friends, then Pokémon GO seems to have solved what decades of past video games couldn't, physical and personal interaction.

Pokémon GO and Real Estate?

Wait?!  Isn't this a real estate website?  Doesn't that Home Savvy Team sell homes in the Greater Toronto Area? How is this related to real estate?  

Well, after only five days, here is what one of our real estate colleagues are doing to market their properties:

As always, if you have any questions about selling or buying your Southern Ontario home, contact us at the Home Savvy Team at 905-743-5540.

July 5, 2016

27 Margaret Street in Campbellford Now on MLS

FOR SALE: 27 Margaret Street - Campbellford, ON

MLS®:  X3543623

The Ontario real estate market is spreading its hot streak eastward as the Home Savvy Real Estate Team presents 27 Margaret Street in Campbellford, Ontario to the MLS® marketplace.

 

Welcome to Campbellford

Campellford is located mid-way between Peterborough (on the west) and Belleville (on the south-east) and is a thriving community in the county of Northumberland and the municipality of Trent Hills.

 

Population has enjoyed modest growth and increased by approximately 10% in the past five years (2006-2011 Census Canada).

 

 

The property at 27 Margaret Street offers something very unique to this community: an indoor pool! This custom-built three bedroom, two bathroom bungalow is move-in ready.

 

Here are some of the features:

  • double-garage
  • extra side-entry into garage
  • finished basement
  • Angelstone fireplace
  • walkout to fully-fenced backyard.
  • indoor and inground pool (28 x 14 ft)
  • pool room (38 x 36 ft) with 10 foot ceiling
  • glass solarium in pool room
  • includes pool pump, heater and related equipment
  • house is approximately 1,300 square feet (not including finished basement)
  • converted to gas heating in 2014.
  • new furnace, new air conditioning, and new ducts in 2014
  • two garden sheds

27 Margaret - Campbellford

Click here for the listing.

Call 905-723-5944 and schedule your private showing with Stephen Young of the Home Savvy Real Estate Team today at Keller Williams Energy, real estate brokerage.

 

Jan. 4, 2016

Record Setting Real Estate Prices for Durham Region in 2015

RECORD SETTING AVERAGE REAL ESTATE PRICES FOR DURHAM REGION IN 2015

Home Savvy Real Estate

Durham Region - The year of 2015 was an incredible year for real estate in the Durham Region.  Average home prices (including condominiums) in the region enjoyed an average price increase of 12.9% across Durham.  Clarington led all major municipalities in the region with an impressive growth rate of 15.20% from 2014.

 

Last year, in total, 11,848 homes were sold across Durham Region which includes the municipalities of Ajax, Brock, Clarington, Oshawa, Pickering, Scugog, Uxbridge, and Whitby.  These 11,848 properties set a new record for volume of sales in Durham Region, surpassing the benchmark of 10,844 homes sold in 2014.

 

The average home price across Durham Region, for the year of 2015 is now $442,082 up from the average price of $391,692 in 2014.  This means:

  • In the past one year (2014-2015), the average home owner in Durham Region has had his/her real estate investment increase by 12.90%.
  • In the past two years (2013-2015), the average home owner in Durham Region has had his/her real estate investment increase by 23.65%.
  • In the past three years (2012-2015), the average home owner in Durham Region has had his/her real estate investment increase by 31.18%.
  • In the past four years (2011-2015), the average home owner in Durham Region has had his/her real estate investment increase by 39.33%.

Durham Region Average Real Estate Prices

 

Durham Region Real Estate Average Prices 2011-2015

 

The Toronto Real Estate Board (TREB) reports that 2015 held its 19th consecutive year of yearly average real estate increases.  The last time TREB reported a down year was 1996.  Since record keeping in 1967, TREB has reported only six years of decreases in yearly average real estate prices (1990, 1991, 1992, 1993, 1995, 1996), compared to forty-one years of increases.  

 

Statistics provided by:  Toronto Real Estate Board

Statistics interpreted by:  Stephen Young, REALTOR®, Home Savvy Team, Keller Williams Energy, Brokerage