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]

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]

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]