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August 31st, 2017

The effects of the Ontario government’s Fair Housing Plan are now being felt, and nowhere is the impact more evident than in the Greater Toronto Area. Prior to the Fair Housing Plan’s implementation, the GTA real estate market had all the characteristics of a bubble, and the Ontario government had made it clear that it needed to be addressed. These measures appear to be working, as the number of sales… Continue Reading

August 31st, 2017

government, home selling, house buying, real estate trends

June 16th, 2017

Housing prices in Ontario are declining due to new policies implemented by the Ontario Liberal government. Real estate agents in Ontario report more listings posted in Ontario and fewer people bidding for homes. According to the statistics, home prices in Toronto are 20% lower than they were one year ago. In June of last year, there were 40% fewer homes listed for sale in Ontario. A greater supply means lower… Continue Reading

June 16th, 2017

home selling, house buying, real estate trends

April 19th, 2016

In past blog posts, we have looked at the increase in Toronto’s real estate prices. We even explored Why CMHC Considers the Toronto Market Risky. But what triggers a market to rise, instead of simply moving sideways or even falling? Today, let’s explore what causes overinflated house prices. Location, Location, Location I know I’ve said it before, but this real estate catchphrase is still true. Location is one of the… Continue Reading

April 19th, 2016

house buying, real estate trends

December 1st, 2015

When buying a home in Canada, you need to work with a real estate lawyer. Your lawyer helps you with many tasks, like preparing the offer to purchase and reviewing the terms of any counter-offers. He or she might also collect your deposit. But how much does it actually cost to buy a home? Your lawyer will provide you with an estimate of the costs of completing your real estate… Continue Reading

December 1st, 2015

home selling, house buying, legal

September 22nd, 2015

A few weeks ago, I touched on the subject of buying a home “as is” in the blog post titled: Risks Associated With Buying Power of Sale Properties. Since then, I’ve received a few follow up questions from buyers looking for more information. Today, let’s dig deeper into the subject and answer a few of these questions. “As is” – a legal clause to watch for. An “as is” clause… Continue Reading

September 22nd, 2015

house buying

September 15th, 2015

Unfortunately, mortgage fraud can, and does happen. From first time home buyers to real estate investors to homeowners in need of refinancing, fraud can happen to anyone. Don’t become a victim! Check out our PowerPoint presentation to learn more about protecting yourself and your loved ones from mortgage fraud. How to avoid mortgage fraud from mortgagebrokerstore… Continue Reading

September 15th, 2015

house buying, second mortgages

September 8th, 2015

For years, we Canadians have been enjoying rock bottom mortgage interest rates. These low rates have saved us thousands of dollars, which we’ve been able to spend elsewhere. One growing concern, however, is that these low rates are pushing our housing markets through the roof. Prices are up, and naysayers have been predicting a housing market crash for years now. But just how risky is the Toronto housing market? According… Continue Reading

September 8th, 2015

house buying, mortgage rates

September 1st, 2015

Whether you’re hunting for your first home or you’re a seasoned real estate investor, you’re likely looking for a good deal. One strategy to get bargain-basement prices is to look for homes that have been foreclosed, or more commonly seen in Ontario, homes being sold under a Power of Sales. What are the risks with buying Power of Sales properties? Canada AM real estate expert Sandra Rinomato explored the issue… Continue Reading

September 1st, 2015

house buying, power of sale

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