LATEST MORTGAGE REFORMS TRUE EFFECT ON THE MARKET

Tuesday Oct 1st, 2024

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Real estate market was doing a yo-yo with home buyers and sellers this year, and even people with decades of experience in real estate and banking, have their jaws drop from time to time. I am sure you've heard about the bold mortgage reforms that we haven't seen in over a decade. We, the realtors and mortgage professionals, have been lobbying for a very long time to bring these changes, but unfortunately, we were rejected for so long. In August of 2024, first change was... [read more]

Should you postpone a home purchase or sale until the mortgage rates go down?

Wednesday May 29th, 2024

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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]

REAL ESTATE MARKET REPORT APRIL 2017

Wednesday May 3rd, 2017

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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]

Selling your house in winter time

Saturday Feb 3rd, 2018

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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]

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