For the past couple weeks, my fellow Realtors and I were faced with multiple offers from as little as 2 to as many as 32 (for real!). With our buyer clients, we have been on the edge of our seats hoping we will not get yet another notification that an offer has been registered. With our seller clients, even we were shocked with the amount of (bully) offers on re-listed properties that did not sell last year.Read More
Author: Grace M Chan
Here’s a true story of a tale of two couples I am working with right now actively looking to buy a home in Toronto. Both sets of buyers are highly qualified: Young professionals with good jobs who saved money to buy their first home with savvy parents who are chipping in so that it will be a 50% down payment to secure them a good home and ensure a lower monthly mortgage payment.
So what is the only difference between both parties?
One couple is looking for a condo, while the other is looking for a house (detached or semi attached house). And here is a glimpse of their journey in finding a home to buy in Toronto.Read More
Looking back at 2020, it was one record-breaking month after another in Toronto real estate. This is because mortgage rates are so low [i.e. 1.6%] and “Home” is everything now including one’s workplace, school and sanctuary.Read More
From my conversations this week I’ve had people ask me: for 2021 where will be the best places to buy? And when will be a good time this year to sell? Here are scenarios on whether you should buy or sell according to the mortgage industry.Read More
As a realtor and lover of travel I enjoy exploring new neighbourhoods. So for this year, I’ll settle for exploring a new neighbourhood in Toronto via visiting holiday light displays.Read More
As 2020 draws to a close, the average selling price for a home was 10.6% more this November than last November. Favorable conditions such as low borrowing rates –and not paying for monthly gym memberships– make it easier for purchasers to buy.Read More
From recent conversations with builders and architects, these accessory dwellings are increasingly popular as this can potentially increase livable square footage, and property value.Read More
Even with the pandemic lowering rents as much as 22%, we still fetching the most expensive rents in Canada (and arguably North America in my opinion). And it’s specifically North York that is getting the highest 1-bedroom rentsRead More