• Larose Team
  • 29 August 2018


In the news last week, the Supreme Court has mandated a  new ruling for TREB that will make home sales data publicly available through password protected websites. Displaying sold information on line has been available in the U.S. for over a decade-  and this should level the playing field with the websites that were offering this feature under the radar here in the GTA.

‘We will be able to provide more insight to consumers without them having to contact us directly’ says Kevin Larose of the Larose Team. We view this as a positive step forward as we will now be able to publicly display the information on our website.

Interested in receiving SOLD prices in your area?  SIGN UP HERE


  • Larose Team
  • 20 August 2018



Mississauga- No doubt 2018 has been off to a cautious start as buyers have been waiting on the sidelines for the market to stabilize. ‘In the past 3 weeks, we have noticed more hits on our website and more showing appointments booked on our listings’ says Kevin Larose of the Larose Team.

After a cautious spring market, it looks like buyers are feeling more confident the market won’t fall any further. This coupled with the fact that interest rates are up and all indications point to further rate increases has helped buyers to get moving on their decisions to purchase. Buyers who had moved to the sidelines because of the psychological impact of the Ontario Fair Housing Plan and stricter lending criteria have re-entered the market. ‘Most years, we wouldn’t be seeing buyers hovering over properties in July and August- but this year is different’ according to Kevin.

Sales in Mississauga in July jumped 9% from July 2017 for all home types. The average price for all property types rose 2% to $706,570 from last July. Months of supply are a balanced 2.2% and the average days on market is 30 here in Mississauga compared to 25 in the GTA.

The mix of homes selling in the GTA has also shifted recently with buyers showing a renewed interest in detached homes. ‘This is typical as the cycle lines up with the school year’ says Kevin.

‘Looking ahead to the fall market- things are shaping up strongly as we have signed up several Exclusive listings over the past few weeks adds Kevin. We expect a strong fall market compared to last year and have qualified buyers looking to purchase in the prime pockets of Mineola.

If you are looking to make a move this fall, please contact us at 905 278-7355 or email kevin@laroseteam.com

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In the real estate business, it has become common to see listings inch onto the market in a variety of ways.  What are the main differences and how do we at the Larose Team handle each option?

‘EXCLUSIVE LISTING’

An exclusive listing with the Larose Team is a level of service created to get your property in front of interested buyers- quality vs quanitity. Our team of professional agents work on finding the buyer for your property by prospecting our database, doing exclusive on line marketing and and pre-qualifying potential interested buyers. We start with a personalized marketing plan which we roll out to our database and visitors to our website.

When you list exclusively with us, we will have the sole right to showcase your property for the duration of the listing. We make concessions for agents within our brokerage only - the goal is to sell the property ourselves resulting in a higher net for you, the seller.

‘COMING SOON’

This has become another way of marketing  ‘EXCLUSIVE’ listings. A coming soon listing must be signed up just like an exclusive listing. We place a coming soon sign on the property which notifies the general public that the property will be coming to mls shortly. The new treb rules stipulate the sign rider must include ‘COMING SOON TO MLS®’ for it to be valid. A coming soon listing is usually up for no longer than 3 weeks while the property is being prepared.

MLS®

A full listing which gets placed on treb and populates out to Realtor.ca and numerous other web listing portals. For a listing to get accepted onto TREB, it must be signed up for a minimum of 60 days and be ready to show to the general public within 24 hours.

If you are thinking of selling your home in the next few months, please contact Kevin and we will provide you with all the details and help you choose which strategy will work best for your property.

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Condo Market - Mississauga - 11% Price gains year-over-year

It comes as a relief to some people looking to get into the market that home prices have remained fairly stable over the past few months, with some home types becoming slightly less expensive month over month.

In Mississauga, the average price in July 2018 across all home types edged up slightly year over year by 1 percent. Condo apartments saw the biggest price gains with an average price of $434,061- up 11 percent, compared to July 2017 when the average price of condo apartments was $389,811.

The average price of condo townhomes was $573,095- up 9 percent from July 2017, when the average price was $527,267.

Sales of all home types in Mississauga were up 9 percent from last year. Condo apartments saw the biggest rise at 16 percent to 244 sales from 211 last July.

There was a year over year drop in both new listings and active listings. Condo townhomes saw the biggest drop in both new and active listings, with 189 new and 226 active, compared to 301 new and 321 active in July 2017. Condo apartments fared better but there was still a drop- with 364 new listings and 392 active listings, compared to 443 new and 483 in July of last year.

“We have certainly experienced an increase in demand for ownership housing so far this summer,” Jason Mercer, TREB’s Director of Market Analysis says, “home buyers in the GTA recognize that ownership housing is a quality long-term investment.”

‘Looking ahead to the fall market- things are shaping up strongly as we have signed up several Exclusive listings over the past few weeks adds Kevin. We expect a strong fall market compared to last year and have qualified buyers looking to purchase a condo in the prime pockets along the lakeshore.

If you are looking to make a move this fall, please contact us at 905 278-7355 or email kevin@laroseteam.com

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LIVE IN THE SOUTH MISSISSAUGA COMMUNITIES?

Download our August Newsletter to see TREB's community stats for number of houses sold, average price, says on market, and sale-to-list price.

Port Credit

Mineola

Lorne Park

Lakeview

Lakeshore Condos

Don't live in one of these areas? We can still provide you with up to the minute market stats. Visit homesoldprices.com to get started!


  • Larose Team
  • 20 July 2018

Mississauga’s Music Walk of Fame in Port Credit Memorial Park was established in 2012 by the late Councillor Jim Tovey. This inaugural ceremony recognizes the amazing musical talents that have come out of Mississauga. 


In the past, four inductees had their names forever engraved on granite plaques that are installed in the walking path of Port Credit Memorial Park. Port Credit has a reputation as the musical hub of Mississauga. Therefore, it was fitting to establish the Music Walk of Fame there as well. 

This year, to honour the late Councillor Jim Tovey, Jim will be the sole inductee for the Mississauga Music Walk of Fame. 

The ceremony will be held this Sunday, July 22 2018. In Port Credit Memorial Park from 3:00-4:00 PM.

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From our February newsletter:

Kevin Larose


We were very sad to hear of the passing of Jim Tovey-our Ward councillor and friend.
'Jim always had time for people and their issues. I remember meeting him for the first time at our door and spending several hours discussing his vision for Mississauga's waterfront'. 

Jim was passionate about our community and his commitment to the future plans and growth for Ward 'Wone-derful' as he affectionately called it. We were lucky to have him - he will not be forgotten.


  • Larose Team
  • 03 July 2018

Selling or buying a home is one of life’s biggest decisions. The foundation of the Larose real estate team is based on a strong belief in ‘our client’s needs come first’. For us, the most satisfying feeling is the knowledge that we have been instrumental in helping our clients make the best real estate choice for their family.

The Larose team has been assisting clients for almost 20 years with their real estate needs and we can be counted on for our sound advice, expertise, unsurpassed market knowledge and client focused approach.

*Review our complete list of services below

  1. Complimentary & Confidential Home Evaluation
  2. Team Approach - WE Cover all details
  3. Preparing YOUR PROPERTY - Network of preferred partners/trades
  4. Staging -Complimentary staging consult / accessorizing to maximize the value of your home
  5. Pre-Home Inspections
  6. Complimentary Home Cleaning services
  7. Branding - A Custom strategy for your home
  8. In House Marketing team
  9. Professional Photographer & Videographers
  10. Custom Floorplans & Virtual Photo Tours
  11. Professionally designed & printed property brochures
  12. ‘Coming Soon’ program - E-blast to our exclusive database
  13. Just Listed Mailer
  14. Agent Preview - E-blast to our exclusive database
  15. Targeted ‘Open House program’
  16. Online presence - includes video tours - social media channels,Google, Facebook, Instagram, YouTube, Vimeo
  17. Drone Photography
  18. International targeted ads to maximize exposure to the right buyers
  19. In House real estate lawyers
  20. Keller Williams preferred partnerships with CIBC & RBC Mortgage advisors
  21. Listed on Keller Williams International website with access to over 175,000 agents and their clients worldwide
  22. Relocation Services
  23. Inside sales prospecting the Larose buyer database
  24. Access to Larose Exclusive ‘Client Zone’ website for instant feedback
  25. Professional in house team handles all legal and fiduciary duties
  26. Experienced Negotiators - We represent your interests and deliver results

Buying a home? We will take the time you deserve to educate you about current market conditions, assist with the pre-approval process, closely analyze your wants and needs and guide you to homes that match your criteria. We also have programs to give you access to properties not yet on MLS. Our experienced sales representatives represent your interests only, and negotiate hard for your family.

The difference is in the details. Call us today and put the power of our experienced, client focused team on your side and receive the care and attention you deserve through every step of the process.

At the Larose Team, We’re not #1, you are.

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As the temperature heats up in the GTA, we can’t say the same for the real estate market. “Good properties in coveted neighborhoods are selling close to asking – but we aren’t seeing the same bidding wars here in Mississauga as they are in the downtown core” says Kevin Larose of the Larose Team. Buyers are definitively taking advantage of an uncertain climate as low ball bids become more prevalent.

Treb stats for May in Mississauga reported a 29% in drop in unit sales compared to last year and a 44% decline in new listings, both signals that many people are still on the fence waiting for evidence of a recovery of what they perceive to be a weak market here in the GTA.Sales to new listings ratio is back to a balanced 50.2% and the number of months of supply is 2.3 - which is normal for this time of year.

While the stress test imposed this year by Canada’s banking regulator has reduced the amount that borrowers qualify for, it has also brought with it an air of caution and “deals are harder to put together’ says Kevin. We are seeing borrowers look at alternative lenders and variable rates are still quite low.” It’s a hardworking market right now and we are doing everything we can to get buyers to the table. Putting deals together in these tight markets takes skill and experience” adds Kevin.

Talk to us if you are looking to sell- we have buyers waiting for the right property.

Call 905 278-7355 or email info@laroseteam.com

***June stats to be added shortly***

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Year over year - May sees condo average price up 4.9% 

There was a time when it wasn’t uncommon to hear skepticism about the condo boom in Mississauga and the around the GTA. But now in 2018, it doesn’t look like the condo market in Mississauga is experiencing a crash that some predicted.

As low-rise home prices have gone up, so has demand for more affordable housing, especially condo units, which have become the new ‘starter home’ in many corners of the GTA.
In May, apartment style condominiums’ average sale price was up 4.9% to $434,915 compared to $414,745 a year before. Condominiums were the only housing type to see an increase in price.

There were 254 condominium sales in May 2018 compared to 332 condominium sales in May of last year, and the amount of listings was lower, with 437 new listings compared to 608 new listings from the previous May.

Call us today and put the power of our experienced, client focused team on your side and receive the care and attention you deserve through every step of the process.

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LIVE IN THE SOUTH MISSISSAUGA COMMUNITIES?

Download our June/July Newsletter to see TREB's community stats for number of houses sold, average price, says on market, and sale-to-list price.

PORT CREDIT

MINEOLA 

LORNE PARK

LAKEVIEW

LAKESHORE CONDOS 

Don't live in one of these areas? We can still provide you with up to the minute market stats. Visit homesoldprices.com to get started!


  • Larose Team
  • 12 June 2018

YOU ARE INVITED...


THURSDAY, JUNE 14  3-730PM

Join us for an exclusive VIP viewing of this stately home in the prestigious Mineola West neighbourhood.

Cocktails and Hors D'oeuvres will be served 

Your opportunity to visit this fabulous custom built estate home in prime West Mineola- over 5000 SqFt.- multiple walkouts, exquisite details, custom backyard renovation with over 800K spent including pool, waterfall, outdoor kitchen- Stunning!

For more information about 151 Veronica - go here


  • Larose Team
  • 28 May 2018



May 2018 – Greater Toronto Area REALTORS® reported 7,792 sales through TREB’s MLS® system in April 2018- down 32.1% on a year-over-year basis. The average selling price was $804,584 - down by 12.4 per cent. As a comparison, unit sales in Mississauga were 1,127 in April - down 42% and the average price of $721,160 fared a little better than Toronto down 10.4% over last year.

Canada’s housing markets have been adjusting to measures meant to cool them down- from taxes on foreign buyers primarily in the GTA and Vancouver, to new mortgage ‘stress test’ rules. This has eliminated some buyers who were perhaps not properly pre-qualified to buy in the price range they wanted to buy in. “Buyers will soon adjust their expectations to a less expensive home” says Kevin Larose from the Larose team.

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Another major factor in declining sales in April was a reduction in new listings as sellers have sat on the sidelines waiting for the market to strengthen. The stats show for April, the number of new listings in Mississauga fell by 36% (736 units) - a factor that has helped keep prices relatively stable as the volume of sales has declined.

Changes in the type and price point of homes being purchased has also impacted the overall results. This is especially clear at the higher end of the market where detached home sales for $2 million plus accounted for 5.5 per cent of total detached sales in April 2018, versus 10 per cent in April 2017. The luxury market in the GTA has experienced a steep 68% decline in unit sales for the first quarter of 2018.

Recent polling conducted for TREB shows that the great majority of buyers are purchasing a home within which to live. It looks like the speculators have gone to Montreal as the city is experiencing a mini boom” says Kevin Larose of the Larose Team. This means these buyers are treating home ownership as a long-term investment which is a good sign for both buyers and sellers. “Buyers are looking at ‘community first’ when making their purchasing decision now and coveted neighbourhoods here in south Mississauga will only continue to become more desirable.”

If you are considering a move, timing couldn’t be better as we are entering the height of the Spring market. Sales and prices peak at this time of the year- see the graph below.
Contact us today for a Confidential Market Appraisal at 905 278-7355 or kevin@laroseteam.com

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Steady Growth Continues in the Mississauga Condo Market

As we head into what is traditionally the busiest real estate season of the year, we are continuing to see a steady growth, though we aren’t seeing the increase in month-to-month numbers we saw earlier this year. But as we’ve seen since January, this is definitely the condominium’s year.

Mississauga condo sales and prices have been steadily rising. And it seems that purchasing a condo is the more preferred choice for homebuyers and as it’s still the more affordable housing option.
Although month-to-month average pricing stayed relatively the same, apartment style condominiums gained 5.6 percent at an average sale price of $435,254 compared to $412,241 a year before.

There were 249 condominium sales in April compared to 360 condominium sales in April the year before, and the amount of listings was lower, with 372 new listings compared to 497 new listings from the previous April.
“The comparison of this year’s sales and price figures to last year’s record peak masks the fact that market conditions should support moderate increases in home prices as we move through the second half of the year, particularly for condominium apartments and higher density low-rise home types,” said Jason Mercer, TREB’s director of market analysis.

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LIVE IN THE SOUTH MISSISSAUGA COMMUNITIES?

Download our April Newsletter to see the first quarter year-over-year stats for number of houses sold, average price, says on market, and sale-to-list price.



Port Credit

Mineola 

Lorne Park

Lakeview

Lakeshore Condos

Don't live in one of these areas? We can still provide you with up to the minute market stats. Visit homesoldprices.com to get started!


  • Larose Team
  • 24 May 2018

We take care of you.

This has been Kevin Larose’s philosophy and his north star ever since he started in real estate 18 years ago.

The Larose Team was founded on that very tenet of integrity and taking care of people, and for a good reason. After almost two decades in the industry, we know a thing or two about the expectations and goals clients have when working with a real estate team.

That’s why our customer journey is all about you—and all your housing needs—first.

Kevin had a clear vision of what “taking care of you” would look like from the early days. He also knew that in order to achieve that vision he wanted the best of the best on his team and worked tirelessly to build that dream team. It’s no surprise then that he has one strong team behind him today.

Kevin Larose - Team Leader

For one, his wife and champion broker, Marlene, is an arbiter of high standards, and she’s never met a client whose goal she can’t beat. When you work with us, Marlene, along with Tina and Rebecca ensure that your property is expertly packaged to maximize the selling price.

Marlene Baur Larose - Broker

The same goes for Kelly Attrell- Kelly gets that passion. She grew up showing horses competitively outside of her native Guelph, so imagine the kind of expectations she has. We can say the same about Phil Wright, another one of our acclaimed agents, who’s love for Port Credit harkens back to his childhood. He’s a community man, the kind people say hi to on the street when he is walking his dog, Barkley. We love that, too.

               

Kelly Attrell - Sales Representative    Phil Wright - Sales Representative

Katrina Dauphinee and our newest agent Natasha Jelinek round out our world-class sales team, and both are experts in their respective communities.

                             

Katrina Dauphinee - Sales Representative      Natasha Jelinek - Sales Representative

Krista Kendy and Liz Little run the administrative side of our operation, and both are beacons of client support. They are there for every family—from the moment they first shake our hands to the day they move in. They check in with our clients regularly and ensure all their needs are met - and then some.

                             

Krista Kendy - Administrative Manager      Liz Little - Senior Administrator

Last, but not least is Chris Hillier, our marketing arm. Good thing we’ve got him, too. He makes sure every single listing detail represents your home in the best possible light for a quick sale. His passion for technology, social marketing and keen eye for detail are crucial in how we remain leading edge.

                

Chris Hillier - Marketing Director / Sales Representative    

All that said, there’s only one lynchpin that keeps our team’s bond strong, and that is our philosophy—we’re not in this to push homes. We’re here to serve you.

Like we say: We’re not number one- You are.

To read more about the Larose team head over to our team page here and let us take you home, happy.

- Larose Team


  • Larose Team
  • 14 May 2018

If you haven’t heard, a lot’s abuzz in Mississauga’s most charming (not to mention up and coming) neighbourhood this season. From farmers markets like no other to an epic art fest you have to see, here are a few good reasons to put Port Credit in your home buying plans.

We’re going to let you in on some insider info—Port Credit’s the next place to be.

And remember—you heard it here first.

And with home prices downtown not budging anytime soon, we’re continung to see that slow, but steady exodus to outlying, yet newly sought-after GTA neighbourhoods continue unabated. One of those areas is Port Credit, and with Lake Ontario at arm’s reach, it’s little wonder why the waterside neighbourhood community is attracting more attention. Not to mention, an abundance of acclaimed boutiques, cafes, and restaurants that dot Port Credit’s legendary strip of Lakeshore Road.




Events are a mainstay in Port Credit, and the place is teeming with them. There’s the annual Waterfront Festival*, a big hit that runs from June 15th to the 17th. For fans of live, local country music and tribute bands that have no business being as awesome as they are, then this is the festival for you. Also, don’t miss the farmers market* each and every Saturday which run from June to October - located in the parking lot at the corner of Lakeshore Road East and Cayuga.

Plus there’s the mettle-testing Mississauga Marathon* on May 4th (don’t worry, they’ve got short circuits), and new for this year Mississauga’s ‘Vegfest’*, a festival for vegetarians on May 12th at the Port Credit Memorial Arena. Not to be missed is this year’s Canada Day Parade* on Lakeshore Road and Memorial Park Celebration* on July 1st.

Don’t just take it from us, though. Ask anyone in this neighbourhood and they’ll tell you—it’s hard to beat lakeside living!

--

Spring/Summer Event List

Mississauga Marathon

Celebrating 15 years running!
May 4-6, 2018
http://mississaugamarathon.com/

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Vegfest Mississauga

Mississauga Veg Fest is the city's first inaugural Vegan food festival
May 12, 2018  |  11am-6pm
https://www.facebook.com/mississaugavegfest/


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Port Credit Farmers Market

Mississauga Veg Fest is the city's first inaugural Vegan food festival
Every Saturday from June – October, at 8:00am until 1:00pm
http://www.portcredit.com/farmers-market/

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Mississauga Waterfront Festival

One the best family friendly Mississauga events!
June 15, 16, 17 - 2018
http://www.themwf.com/


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Canada Day Parade & Memorial Park Celebration

Canada Day in Port Credit! There`s nothing better!
July 1, 2018  |  Parade: 10am-3pm   Fireworks: 10:15pm
http://paintthetownred.ca/


  • Larose Team
  • 11 May 2018

Yesterday was Keller Williams annual day of service – Each year on the second Thursday of May we celebrate RED Day as part of our legacy worth leaving. Making a difference in the lives of others and bettering the communities we serve. And today, we make a couple parks in Mississauga a little greener by planting trees as part of the '1 Million Trees' initiative

One Million Trees Mississauga was launched to help conserve and enhance the City’s open spaces and forested areas for future generations to enjoy! Trees will be planted by City staff, partners and volunteers on public and private property. Residents who plant a tree on their private residential property can add it to our tree planting total and have it count towards our One Million Trees goal.

Looking to register a planted tree? visit: https://www.onemilliontrees.ca/


  • Larose Team
  • 04 May 2018



This Spring, Port Credit will be the host of Mississauga’s inaugural VegFest, a festival celebrating everything involving the vegetarian lifestyle. Over 60 vendors and exhibitors will be present to display delicious food, body care products, clothing, treats for animals, children’s activities (a KidSanctuary) and more!

The event, which aims to draw thousands of visitors from Mississauga and beyond, will be at Port Credit Memorial Arena (40 Stavebank Rd.) on Saturday, May 12th, from 11:00am-6:00pm. Admission is free. Everyone is welcome to join in -from vegans to carnivores, to the health conscious or junk food-foodies. Whether you love to try new dishes, or you want to indulge in a treat, or if you want a day of fun with friends and family- there is something for everyone!

For more information about the event - visit: http://www.mississaugavegfest.ca/