Archive | Home Ownership

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New Condo Developments Dropping Like Flies

If you are one of the unfortunate buyers of Step condos, you just found out your completely sold out new condo project has been cancelled by the developer. A few weeks back, On The Danforth condos, suffered the same fate. Another sold out project, cancelled by the developer. What’s going on you ask? Well…there’s not […]

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Are Zillow and Redfin Agent Killers?

It’s March 2019, and what an exciting time to be transacting in real estate, either as a consumer in the buying or selling of property, or for those who represent and help consumers on the sales side. A great real estate professional will add value to both buyer and seller clients alike, assisting them with […]

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Sellers, Who exactly is preparing the market evaluation on your Home?

A few days ago I was in discussion with a cooperating agent on a property listing I have for sale. I was answering for him a few questions about the property that weren’t noted on the MLS listing, but were important to his client in nature. After the questions were answered our conversation turned to […]

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TREB releases February numbers and

Today the Toronto Real Estate Board released its sales figures for the month of February and as I’ve written about over these past six weeks, it’s been busy. And this month is no exception. Prices are edging up for both houses and condominiums where demand continues to be strong throughout the city. Inventory levels continue […]

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It could become easier for single income and first time buyers in Toronto.

It might soon become easier for first time buyers to enter the hot Toronto real estate market. With an election looming and the government needing a distraction away from ‘Yogi Trudeau’ and the fiasco currently at hand, the government is considering bending on it’s toughened housing policies. I’ve spoken previously how in its attempt to […]

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Why is the condo market so hot?

Across Toronto if you have been a buyer or investor looking for a condo in 2018, you surely have noticed that the condo market has been on fire. Multiple offers sometimes hitting double digits in quantity, properties being sold within hours of hitting the market, and even some of the ugly duckling units being snapped […]

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Some Positive Housing Numbers in June

The Toronto Real Estate Board has released the month of June sales figures and at first glance, it’s pretty positive looking. Sales prices are up 2% over June 2017, and more importantly up 3.3% over May 2018. New listings tailed off slightly at 18% but overall inventory increased slightly. Sales activity and average prices were […]

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The Spring Market is here! Or is it?

Often real estate salespeople are asked, when is the best time to put your home up for sale? Well, Springtime (March thru May, and sometimes June) on the east coast has traditionally been the most active time for sales. Ideally, there would be busloads of qualified, motivated buyers coming out of winters hibernation anxious to […]

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Buyer Beware. What the heck are the bank’s thinking?

I’m going to cut right to the chase and say that it seems these days, the bank and their appraisers are not your friend. If you are actively searching for a house or condo and working with a qualified Realtor™ (I’ll leave it up to you as a Buyer to do your due diligence on […]

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In 10 Years Toronto Could Be a City of Renters

I recently attended a housing market forecast on the Toronto Real Estate Market put on by the Welbanks mortgage group in conjunction with Genworth Canada. Now I typically attend 2-3 of these type of information sessions annually but this was the first where I could recall the statement being said that, “Toronto could become a […]

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