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Toronto Condo prices

Wednesday Oct 31st, 2018

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  The Toronto Real Estate Board released its third quarter 2018 results for the Greater Toronto Area’s condo market, reporting tighter conditions. In the third quarter, there were 5,781 condo sales reported through the MLS system, which is 2% higher than the same quarter last year. It’s not surprising that 4,076 of these sales were in the City of Toronto. While sales increased, new listings fell 2.1%, which means supply dropped, leading to higher... [read more]

Don’t let market uncertainty prevent you from buying your dream home

Sunday Oct 28th, 2018

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Toronto recently plummeted in a global ranking of housing markets. Is it a bad thing? Is it a sign of things to come? I think it might be a good thing. Having the hottest market sometimes means there are more people who can’t afford a home.   Real estate consultancy, Knight Frank, released its global index of housing markets around the world, and Toronto real estate fell to 137th out of 150 for the second quarter of the year. A year ago, Toronto was number one, the hottest... [read more]

Bridge Financing. What you need to Know ?

Tuesday Oct 02nd, 2018

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In a Seller's market, Buyers often explore the idea of making a firm offer without conditions even if they have a house to sell. If you are thinking of buying before selling, a common consideration in a Sellers market when Sellers aren't likely to consider many, if any, conditions, you need to plan ahead in case your own home hasn't sold by closing. Buyers often explore options during a conditional period where there are contingencies on financing approval or prior to... [read more]

Preparing to Sell

Thursday Sep 20th, 2018

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Selling your home doesn′t just mean hiring a REALTOR® to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time. Repair. Just because you’ve gotten used to the cracks in the walls and the rattles in the radiators doesn’t mean a buyer will too. If you have hardwood floors that need refinishing, be sure to get it done—hardwood is a huge selling point. Buyers like to snoop around, so be... [read more]

Dealing with Financing

Thursday Sep 20th, 2018

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  As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home. Get pre-approved. Sub-primes may be history, but you’ll probably still be shown homes you can’t actually afford. By getting pre-approved as a buyer, you can save yourself... [read more]

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