Archive | Buying

17 June 2016 ~ 0 Comments

When Will Toronto’s Market Cool Off?

With so many headlines about the crazy hot real estate markets happening in Vancouver and Toronto, It’s easy to get caught up in the momentum of the conflicting theories that deluge us on an almost daily basis. For starters, let’s look at the Vancouver conversation and how it’s becoming incredibly impossible for locals to own […]

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21 April 2016 ~ Comments Off on Stay Connected In A Scorching Hot Market!

Stay Connected In A Scorching Hot Market!

In this day and age, information as we all know is everywhere and easily accessible. While most of what we see and read on the internet is correct and (mostly) truthful, much of opinion-based data can be subjective. Let’s consider homes that are listed for sale and use the public website Realtor.ca as an example, […]

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21 February 2016 ~ 0 Comments

First-time Buyer Home Is a Condo… And This Can Be Smart Financially!

Over the past 6-7 years, I have been sharing with clients that the first-time buyer “home” is now a condo (and no longer a house). The Toronto Real Estate Board (TREB) in its first ever year-in-review which recently came out, confirms this. Why is this important? For starters, it helps set realistic expectations when discussing […]

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21 April 2015 ~ 0 Comments

Paying More Than The List Price versus Paying Above Market Value

It seems today in Toronto’s frenzied real estate market that Buyers have become ‘numb’ with the understanding that most houses, as well as some condos, will sell for above the listing price. Years ago I used to describe to clients of mine that the list price of a property was simply an “asking” price: a […]

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16 March 2015 ~ 0 Comments

Spring Market Strong as Sales Surge

The Spring market continues to show strong results as well priced new listings are being snapped up in days, and sometimes even hours! The confidence amongst buyers is high, as sales across all of the pockets I follow and work in are doing very well. Houses in the Toronto area continue to shine as well […]

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17 November 2014 ~ 0 Comments

Prices To Rise in 2015!

One of the most frustrating things for prospective buyers to hear is that house and condo prices are continuing to rise. We’ve become so accustomed to constant news about the lack of housing supply (with the exception on the new condo sale side) that buyers cringe, knowing this typically translates into bidding wars! Last week […]

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11 June 2014 ~ 0 Comments

CMHC’s Recent Changes Adding More Confusion?

Canada Mortgage and Housing Corporation recently added more changes to what it will insure and whom they will offer their products to. They no longer will be offering mortgage insurance to developers to finance new construction projects. They are still insuring individual purchasers who purchase a unit from these builders, and this is where I […]

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03 May 2014 ~ 0 Comments

Latest “must haves” in condos priced between $750,000 – $1 million dollars

For years now the standard condominium has become the option of choice for the majority of first time buyers. Various reasons have led to this reality, but what are condominium buyers looking for today when purchasing a condo in a price range that is not targeted to the first time buyer? In my experience working […]

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16 April 2014 ~ 0 Comments

Tax tips for investors: Clearing up real estate confusion

Real estate has been a hot investment area in Canada for quite some time now due to favourable economic conditions, immigration, and historically low interest rates. Canadians who have taken advantage of these conditions are sometimes confused about the measures they can take to reduce their tax burden.

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17 March 2014 ~ 0 Comments

Toronto Real Estate Market Starts to Thaw from Winter Freeze

Average GTA house price hits $547,107 as market starts to thaw, Listings showing signs of picking up as prices continue to soar

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