Looking Into 2008 And Beyond

2008 Market Looking Good and Thank you for 2007 - Top 5% Coldwell Banker Agents Worldwide! Wow..it has been an amazing month so far, and a great start to the New Year! Hope that you all had a great holiday season! I was lucky enough to travel to India over the holiday season which was amazing. I saw one of the Seven Wonder of the World - The Taj Mahal, relaxed and ate the amazing curries and fresh seafood on the beaches of Kerala and Goa, and experienced the unbelievable landscape and beauty of the ruins of Hampi. Fully rested and recharged, I am excited and full of great new innovations for this upcoming year. We had our annual kick-off for Coldwell Banker Terrequity last week, which was both an entertaining and informative event. One of the presentations was from the Canadian Mortgage and Housing Corporation(CMHC) which reconfirmed my beliefs about the current and future housing market. Just to provide an overview, we are expecting another fantastic year. Although there has been some talk about the US markets, we do not see that affecting the strong and stable growth here in Canada. Historically low borrowing costs (which just got cut again last week), low unemployment rates, increasing job market, higher income to affordability rates, and influx of people to the GTA all drives our housing market for another strong year. For those that have bought, you should expect good level of appreciation and, for those thinking of buying, I recommend getting into the market as soon as possible to capitalize on the appreciation and low borrowing costs. I would also like to thank all of you for your trust, loyalty, and patronage. My business is a referral based business and and my success is directly attributable to those you have entrusted with me. I promise to continue to provide the utmost professionalism and courtesy to all your referrals. Your efforts are directly responsible for my being awarded the President's Circle Award in 2007 (Top 5% Coldwell Banker Agents Worldwide). Thank you all again for contributing to my success, and I hope you all have enjoyed my small tokens of appreciation over the years. For my top referring clients, I hope you and your guests enjoy Valentine's dinner on me at one of my favourite restaurants - 93 Harbord. Stay tuned for my renovated website, new promotions, informative newsletters, and my upcoming Client Appreciation Events! Wishing all your New Year wishes come true and all the happiness and success in 2008. Your friend and trusted advisor, Gavin Chen

© 2008 Gavin Chen Broker/Realtor