Latest News

  • January Market Update

    According to the governor of the Bank of Canada, interest rates are likely to remain stable for the present but certainly no reduction in the rates. 

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  • How Likely is a Real Estate Crash in 2023?

    Prices everywhere are increasing, seemingly day over day.  The economy in our country is really feeling the impact of internal and external factors that are of major concern for everyone from the Prime Minister to the person who sweeps the floors at night. 

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  • Q1 2023 Homebuyers Quick Reference Guide

    While everyone anticipated a back to new normal in 2022, the housing market did not exactly cooperate. Interest rates increased, which was a great impact on the housing market.

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  • December Market 2022 Review

    When December rolls around each year, we have a tendency to consider data for year-end results, and that is appropriate.

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  • What to Know About Assignment Sales

    A transaction that many people are not aware of is an assignment sale.  This is when an original buyer allows another person or entity to take over the sale, including all the rights and obligations that were outlined in the Agreement of Purchase and Sale. This transaction occurs before the original buyer closes on the…

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  • Q1 2023 Homebuyers Quick Reference Guide

    While everyone anticipated a back to new normal in 2022, the housing market did not exactly cooperate.  Interest rates increased, which was a great impact on the housing market.  Properties still changed hands but at a slower rate.  Mortgage rates increased along with the interest rates to a tune of about 3%, translating to over…

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  • November Sales Report

    The Toronto Regional Real Estate Board has issued its report for November 2022. They have not yet stated that the market is headed for a crash, but you can decide on your own after reading some of the information they provide.

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  • What to Know About Reverse Mortgages

    The Canadian Home Income Plan (CHIP) is commonly called a reverse mortgage.  This is an opportunity for homeowners over the age of 55 to increase their cash flow but still live in their current house.  It allows you to receive up to 55% of the value of your home and you have the option to…

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  • Tips for Buying House with a Poor Credit Score

    For most Canadians, home ownership is a goal, and Etobicoke is a great place to find a nice starter house.  At the outset, a lender will look at two factors:  income and credit history. Often potential buyers have a good income report, but their credit history may not be as good.  This can be due…

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  • Increase Home Value for Sale

    As you are probably aware, the housing market is in flux.  Homes that are offered for sale are, indeed, selling, but statistics are showing that they are on the market for a longer period of time as compared with other years, and some sellers are feeling the need to reduce their asking price.  If you…

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