Archive | Housing Affordability

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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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The new ‘First time Home-Buyer incentive’ program. Will it help?

The much anticipated budget release yesterday by the Federal Liberal party turned out to be of little value for home buyers in Toronto. Obviously it’s too early to tell how successful such a plan will be, but I have doubts it will be anywhere near the 100,000 households over three years the government seems to […]

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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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Sellers – Do you know that you need to sell your home three times?

If you are one of the lucky few who are selling a property these days, be prepared for the potential for some hiccups along the way until closing day. Now before any anxiety starts to set in, I will note that almost always, hiccups can happen along the way between the day you have excitedly […]

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Buying or Selling soon? This is a must read.

2018 is on pace to go down as the lowest amount of property sale transactions (annual total) since the recession year of 2008. What does this mean? Year-to-date we have had a total of 53,634 sales through the Toronto Real Estate Boards MLS system. If the final 4 months of 2018 match the final 4 […]

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You have to Buy now! Prices are only going to rise.

Let me ask you a question. Do think the values of Toronto condominiums will only rise in the future? I want to keep the question vague for now and only apply it to investment condos, so answer to yourself with a simple Yes or No. Yes you say? Well some might say (myself included) that […]

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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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