The real estate industry is predicting a banner year as it looks into its crystal ball for 2020. Given the doldrums the market showed over the last two years, this news may come as a bit of a surprise. But who doesn’t enjoy a surprise especially when it’s tied to good news. Housing industry insiders […]
The Ontario government has introduced a bill outlining new rules for the province’s real estate profession that centre on discipline and enforcement, improving professional standards and consumer protection as well as providing greater autonomy for real estate professionals as to how they manage their businesses. The bill would give the Real Estate Council of Ontario […]
By virtue of its name alone, a bully offer doesn’t sound particularly appealing. After all, who likes a bully? In fact, just last month, the Ontario Real Estate Association (OREA) proposed that the province place a ban on the practice of bully offers. Bully offers, also known as pre-emptive offers, are submitted ahead of the […]
As Canadians, we’re known as a nation of polite, peace-loving, funny folks. Here’s another adjective to add to the list: indebted. And while that may not prompt you to lose any sleep since debt is an ordinary fact of modern life, our numbers are climbing to levels that some might call dangerous. Recent data from […]
Owning real estate in Toronto can price many out of the market so it’s no surprise some would consider buying a home with a virtual stranger. That’s the thinking behind co-ownership, a buying concept that is on the rise among non-intimate partners because it helps people get a foothold in the city’s prohibitively pricey market. […]
It’s believed that predicting the future of any real estate market is a little like rolling the dice. You always hope for the best but know that factors outside your control can tamp down even the most optimistic expectation. That said, 2019 should be a year in which we approach the Toronto real estate market […]
A new year always brings with it hope and promise for a bigger, brighter and better future. Given that level of optimism, it’s probably a good idea to have some kind of strategy in place to help you achieve your goals. Here are a few suggestions to help you reach your 2019 real estate related […]
Saving up for a down payment on your first home can seem like a goliath task these days. With the average house price in the GTA fluttering around $700,000, the notion of making a dent in your savings on a down payment may seem daunting, if not insurmountable. If you’ve already been saving your nickels […]
You know the old saying that if something seems too good to be true it probably is? Well, the same principle kind of applies when it comes to condo fees. There are no quick fixes or mystical remedies that will magically help you reduce your condo fees. That said, there are measures you can take […]
There is so much to learn about buying a home, and let’s face it, dry and boring finances can easily be cast aside as you explore the features of HVAC systems, paint chip shades and new schools for the kids. But the type of mortgage you choose is an important step forward in how to […]