Have you bought Bitcoin lately? Gambled on Gamestop? Rolled the dice on lottery tickets? Or perhaps you’ve decided to try your hand at some residential real estate in central Toronto? Because it’s been almost as unpredictable. It’s one thing to take a risk on a lottery ticket or a small investment, but quite another to […]
At some point, most of the conversations I’m involved in turn to the weather or real estate, and usually both. It’s not that I’m limited in terms of what I can talk about, at least I hope people don’t think that, but more so that these subjects are easy and good ice breakers. (If I […]
Is it too early to predict what I think might happen in the residential real estate market in central Toronto in 2018? I don’t think so. Because I already spend so much time mulling over what’s going on in the market, I don’t need to wait until January. And I figure I may as well […]
So what should you do NOW? As opposed to what you were doing earlier this year if you were buying or selling your home. Are things different now or are they the same? And if they’ve changed, how’ve they changed? I’ve been spending a lot of time lately (and I mean a LOT of time) […]
The Toronto real estate market is a very hot topic these days. And when people talk about the market, the hottest topic of all is “What’s the government going to do to cool things down?” Well, it looks like we’re going to find out soon enough because the government is poised to introduce measures that […]
I’ve been doing a lot of thinking lately about the residential real estate market here in central Toronto, trying to figure things out. Which is why I haven’t been writing as much as usual (as you may have noticed). I have to say I really don’t like what I’ve been seeing. Not at all. That’s […]
Remember when I mentioned that sometimes it seems like everyone wants to talk about real estate (see What Acupuncture Taught Me About Real Estate)? Just the other day one of the guys painting our home called me over for a chat. He was listening to a talk show on the radio while he worked and […]
Dear Toronto Home Seller or Buyer, It’s time someone tells you the truth about what’s happening in the Toronto residential real estate market. Knowing the truth and ignoring all the misinformation that’s out there will improve your chances of buying your dream home and lessen the chances of you selling your home for too little. I […]
People often ask “What’s the best time of year to buy a new home?”. There’s no correct answer to this question because many factors that affect the market change from year to year. But I’ve noticed a few trends over the past several years that seem to indicate that there are some good deals to be had in November and June. […]
When people talk about the residential real estate market softening, there are two extremely important factors which they often overlook. These factors play a crucial role in determining prices and are so influential that I find it hard to believe they’re overlooked so frequently. Please don’t make this mistake when YOU’RE trying to gauge the market so you can determine the best […]
It’s November and we’re still in the middle of the Fall market. Last week was a normal Fall market week with a fair number of new homes coming on the market. So what happened this week? Why have there been so few new listings? Well, if you’re a buyer looking for a certain style of […]
There’s a lot of noise out there right now about the state of the real estate market. It seems that almost every day someone reports that the market is softening or is about to crash. I don’t understand how these conclusions are drawn because I haven’t seen any evidence of them. I do, however, see […]
It’s summer time again – sunshine, heat, long days, ice cream (my personal favourite)……and plenty of articles about the demise of the real estate market. It seems that this happens every summer. Recently, the Globe and Mail reported that “In Vancouver, the seller’s market recedes” (July 5, 2012). On another day, the headline read “Housing bubbles: Messy […]
What are these changes all about? Well, the real estate market has been hot. Everyone knows that. The government is concerned that a major correction in the real estate market, if one does occur, will have negative consequences for the entire economy. To prevent a major correction from happening, the government has implemented a few changes […]
Without a doubt, the question I get asked most often is How’s the market? This question can mean many different things, depending on what the person asking the question has in mind. It can mean How much is my house worth? or Is it a good time to sell? It might be a reference to […]
It’s too early to determine exactly what will happen when the spring market arrives in March, but early signs indicate that it will likely be a strong one. There weren’t a lot of new homes that came on the market in January, which is typical for this time of year, but the good homes that […]
It’s time for a reality check. For the past 13 years, there have been reports in the media that the real estate market is due for a correction or is about to slow down or that the bubble is about to burst. As far as I can remember, this prediction has come true exactly once […]
