I am sure everyone has their own theory on this topic, but i like to stick to the numbers and historical data. We have many buyers and sellers waiting on a sideline for mortgage rates to go down, hoping that their mortgage payments will go down a bit. However, you should do a proper calculation before you park the buying/selling thought on a bench. Here is your "math homework":) Step 1. How much realistically do you think rates will go down? 0.25%, 0.5%, 1%? My advice is to... [read more]

GTA REALTORS® REPORT APRIL RESALE HOUSING FIGURES, AS TREB RELEASES NEW INSIGHTS ON FOREIGN BUYERS, SPECULATION, AND MULTIPLE OWNERSHIP TORONTO, May 3, 2017 -- The Toronto Real Estate Board has examined property assessment and land registry data in Ontario and has concluded that foreign buyer ownership, as well as speculation by foreign and domestic buyers and multiple ownership in the Greater Golden Horseshoe housing market remains low. TREB is releasing their analysis of... [read more]

We've all heard about "16 measures in Ontario's new housing plan" that "WILL" calm down fast pacing real estate market in GTA. (according to you-know-who) .... Really?... How many of you had thoroughly read through them and found yourself truly affected as a buyer, seller or an investor???  Well, I've decided to explain those rules in 'plain English' form, in similar way as we realtors explain real estate forms to our clients.... [read more]

Living in GTA thought me not to play or count on the Mother Nature! If you count on help from Mother Nature, for selling your house, either in Mississauga, Oakville, Milton, Burlington or Toronto, think again! I've seen snow in May in Mississauga, short sleeve t-shirt day in January in Oakville and the list goes on. Brace yourself and expect the unexpected. So, let's get your house ready for sale the way we can bypass those "little" hiccups. We all know that... [read more]

Even though we are seeing some leveling in prices, real estate market affordability in GTA is drastically down. Therefore, First time home Buyers, including young people that just are trying to leave their parents nest and newcomers, are being offered little-to-none, if they would like to buy a house, or any freehold property. To afford even a freehold townhouse, in most of the GTA, will be in 700’s and how many single people, or families that rely on one income can really qualify for... [read more]