This Too Shall Pass.

By: BRIAN C. MAYER

This Too Shall Pass.

Tags: #realestate #keepcalmandcarryon #bestrong

~ THIS TOO SHALL PASS ~ Over the past couple of weeks, we’ve seen many changes to our daily routines as a result of COVID-19. It has many on edge about the economy and the real estate market. We are only beginning to understand its destructive nature and the way this pandemic will transform how we work and live together.    I do understand, however, that the need to social distanc...Read More

Bank of Canada lowers overnight rate target to 1 ¼ percent.

By: BRIAN C. MAYER

Bank of Canada lowers overnight rate target to 1 ¼ percent.

Tags: #bankofcanada #interestrates #mortgages #economy #lovingTOsince1998

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent. While Canada’s economy has been operating close to potential with inflation on target, the COVID-19 virus is a material negative shock to the Canadian and global outlooks, and monetary an...Read More

Toronto home prices look ready to skyrocket again!

By: Sean MacKay @ Livabl Market News

Toronto home prices look ready to skyrocket again!

Tags: #selling #buying #realestate #torontorealestate #homeprices #sellersmarket

Call it a case of déjà vu? Early-2020 looks an awful lot like early-2016 for the Toronto housing market and RBC Senior Economist Robert Hogue believes it “is not a good sign.” The latest market data from the Toronto Region Real Estate Board showed that low supply of homes on the market paired with high buyer demand is causing prices to accelerate. There’s no eviden...Read More

What You Need To Disclose When Selling Your Home.

By: Lisa Rennie - Toronto Storeys

What You Need To Disclose When Selling Your Home.

Tags: #sellinghome #sellingcondo #selling #realesate #torontorealestate #homeinspections #fulldisclosure

Many sellers use professional home staging to strategically downplay flaws with their homes and highlight the more positive features. However, if there are any serious issues with your home that could compromise its safety, you should disclose them to the buyer before you sell. Not only is it the ethical thing to do, but it helps to avoid major legal troubles in the near future. You can fill out...Read More

How to get your home ready for winter!

By: BRIAN C. MAYER

How to get your home ready for winter!

Tags: #winterready ##housemaintenance #prepareforwinter

Now is a really good time to start thinking about your home maintenance as well as getting it ready for the colder weather. Why not try to be a smarter homeowner this year and take some time now to get ahead of the coming cold weather and avoid all the havoc it could wreak on your house and yard? Here are a few items that you can do to get ready for the winter and help keep your home happy. Check...Read More

Why Fall is the Ideal Season to Sell Your Home!

By: Scott McGillivray - HGTV

Why Fall is the Ideal Season to Sell Your Home!

Tags: #fallrealestatemarket #fallseason #sellingyourhome #sellingyourhouse #sellingyourcondo #fallready #torontorealestate

Did you miss this year’s prime spring real-estate selling season? Not to worry. Fall is also an ideal time to sell your home, complete with its own set of specific advantages. Read on to learn how you can maximize your real-estate game this autumn. Yes, the spring housing market is sure to bring out buyers, but plenty of folks may hold off on making an offer. With more homes to choose from,...Read More

Why early payout penalties matter now more than ever!

By: INVIS Mortgage Experts

Why early payout penalties matter now more than ever!

Tags: #mortgages #mortgagerate #mortgagebroker #mortgagecontract #fees #banking

We are deep in the competitive spring real estate market! And we're seeing a very interesting rate anomaly. Fixed-rate mortgages are very competitively priced and gaining in popularity, while variable-rate mortgages are looking overpriced. We're even seeing ten-year mortgages at good rates back in the news. If the market is telling us that fixed-rate mortgages have an advantage, then be su...Read More

Buyers And Bidding Wars: How To Come Out The Winner!

By: Lisa Rennie -Toronto Storeys

Buyers And Bidding Wars: How To Come Out The Winner!

Tags: Bidding wars, Homebuyers, Tips for Buyers, Tips For Home Buyers

Toronto’s housing market may have slowed down somewhat recently compared to how sizzling hot it’s been over the past few years, but it’s still a relatively hot market today. And bidding wars continue to run rampant in many neighbourhoods in Toronto, getting buyers caught up in a sometimes nasty war between other fierce competitors vying for the same property. In fact, many buyer...Read More

Toronto’s Stigmatized Housing: Would You Buy a Home Someone Died In?

By: by Nicola Brown (Toronto Storeys)

Toronto’s Stigmatized Housing: Would You Buy a Home Someone Died In?

Tags: Toronto Real Estate, Stigmatized Homes, Toronto Storeys

Remember that famous creepy house that went on sale in 2017? The severely run-down two-storey row house in Toronto’s highly coveted Trinity-Bellwoods neighbourhood sat on the market for over 100 days, eventually selling $74,000 under asking at $675,000.Social media, of course, didn’t spare the poor house from escalating conjecture about its past. The house quickly acquired a very publi...Read More

Homeownership trend: buying with a friend

By: INVIS - Canada's Mortgage Experts

Homeownership trend: buying with a friend

Tags: Mortgages, Buying a Home, Toronto real estate, Investing

An interesting new homebuying trend emerging among millennials is home purchases that are completed with a friend. It's a creative solution to the housing market given tough qualifying rules and high prices. Pooling your resources is a great way to take you from the fringes of homeownership to landing what you really want and getting a start on wealth building. Here are a few of the things yo...Read More