Toronto Realty Blog

DECEMBER 7, 2020

This past month we saw a modest decline in the average home price as follows: Recall that the “peak” in April of 2017 was just over $920,000. drop month-over-month, it’s still significantly higher than the pre-pandemic “peak.” And what should we expect in the month of November?

Sales 80

Sales Marketing As-is Land 80

The Close

MARCH 27, 2022

According to Redfin CEO Glen Kelman , the volume of real estate leads generated in 2021 was more than six times the number of leads generated in 2015. Conversion rates have fallen sharply, hovering at an average of 2%. Most of us in the industry have experienced this growth—there are a LOT of leads being generated right now.

Agents 88

Agents MLS As-is Marketing 88

Toronto Realty Blog

FEBRUARY 24, 2021

More to the point is that this payment plan has two payees: 1) The lender, to the tune of about $1,570 per month. 2) The borrower himself, to the tune of about $2,620 per month. I made a lump-sum payment of 5% on my condo about eighteen months after I purchased, and then following year, I made a 20% payment.

Mortgages 90

Mortgages Fixed-rate mortgage Finance Equity 90

Toronto Realty Blog

JUNE 7, 2023

“David must be having a slow month,” you’re assuming. “He’s probably got some meth lab coming up for sale and he’s just trying to grease the…… tray.” ” 2) Preparing for competition on a house and finding you’re the only buyer. But no takers. It was infuriating.

Development 67

Development Agents Pre-approval As-is 67

Toronto Realty Blog

DECEMBER 4, 2023

In fact, we’ve always needed one… It’s been eight years – June 10th, 2015, to be exact, since I wrote a blog post here on TRB called “The Blame Game” Eight years ago, I offered the following culprits that could be responsible for high housing prices. appeared first on Toronto Realty Blog.

Investor 68

Investor Construction Equity Finance 68

Toronto Realty Blog

NOVEMBER 26, 2021

” But if you recall my blog post, I didn’t take issue with the fact that the Toronto Star seems to believe that Realtors shouldn’t be allowed to invest in real estate, but rather that they’re seeking to blame Realtors, at least in part, for increasing the price of real estate, instead of investigating actual causes.

Investor 87

Investor Banks Development Construction 87

HomeLight

NOVEMBER 10, 2021

Disclaimer: Information in this blog post is meant to be used for educational purposes only and provide a high level overview of some of the top iBuyer programs. Our platform enables you to sell your home as quickly as 10 days rather than what can be weeks or months. However, program details can frequently change.

Home sale contingency 108

Home sale contingency Sales Closing Short sale 108

Norada Real Estate

FEBRUARY 2, 2023

2) How many rental units do you manage? For example, Active Renter is a member of the Phoenix Association of Realtors and our CEO is the 2015 Membership Chair for the Phoenix Chapter of NARPM. At Active Renter, we guarantee tenants for 6 months. They will still be struggling to figure out how to effectively run their business.

Property Management 97

Property Management As-is Inspection Investor 97

Toronto Realty Blog

MARCH 4, 2024

He and his teammate celebrated their 1-2 finish together in the next lane. I wanted to call this blog “Monday Morning Quarterback: Hate To Say I Told You So,” but it seems I’ve done that bit before… January 22nd, 2021: “The Friday Rant: Hate To Say I Told You So!” And then came the disqualification.

Equity 85

Equity Purchase and sale agreement Mortgages Lending 85

Toronto Realty Blog

FEBRUARY 27, 2023

TorontoRealtyBlog Thanks to the readers for suggesting blog topics before the long weekend! As you saw in Tuesday’s blog post, I took one such suggestion to heart. I started blogging (ranting?) about the pre-construction condo industry just as soon as this blog was launched back in 2007.

Construction 71

Construction Pre-approval Purchase and sale agreement Development 71

Toronto Realty Blog

DECEMBER 15, 2021

Growing from age one to age two represents a fifty percent increase in their time on earth, but it’s merely another twelve months for you. And with each of these topics, I could pick one and literally tell you how my senses felt… 2015: Urbancorp “stealing” their condos back. 2) The Condo Market.

As-is 96

As-is Marketing Title Agents 96

Toronto Realty Blog

NOVEMBER 21, 2022

I paid $575 per month to live in an apartment that was one of five in a building that had a storefront out back, four apartments up top, and one apartment on the main floor at the back of the building. .” I have no idea what he did or said, but I didn’t so much as see them for the next seven months. It was 1998.

Property Management 85

Property Management As-is Investor Agents 85

Toronto Realty Blog

MARCH 1, 2023

As you’ll see in today’s blog, many of the reasons for cancelations are often rooted in the same problems that caused delays, but some are extensions, and some are completely different reasons altogether. – 2) Economic viability. TorontoRealtyBlog Sometimes, a delay is just a delay. Economic viability.

Construction 72

Construction Bankruptcy Pre-approval Purchase and sale agreement 72

Toronto Realty Blog

JULY 18, 2022

Not fifty basis points like they did previously, not seventy-five basis points like they teased that they ‘might’ last month, but rather a full one-hundred basis points, the likes of which many of us have never seen. The Bank expects Canada’s economy to grow by 3½% in 2022, 1¾% in 2023, and 2½% in 2024. Full point!!!

Banks 95

Banks Lending Land As-is 95

Toronto Realty Blog

APRIL 5, 2021

A reader emailed admin@torontorealtyblog.com and said, “Whaa no blog today?” ” True, I never post blogs on holidays. April 2, 2021. million in February, after leaping $205,000 in 12 months, he was now determined to leave behind two houses, one for each of his children. And how was your long weekend?

Agents 83

Agents Inspection Title As-is 83

Toronto Realty Blog

JANUARY 5, 2023

December was a tough month for old Dave-o, let me tell you. ” That worked well for my mother in 2015 when she went in with abdominal pains, only to be sent home. As is the custom with my start-of-the-year posts, I like to look ahead to what is or may be topical over the next twelve months. I did get one thing.

Banks 81

Banks Mortgages Bankruptcy As-is 81

HomeLight

OCTOBER 20, 2020

The mansion drew attention as a notorious haunted attraction on the local murder mystery house tour, and Curbed dubbed it “ LA’s most famous and mysterious murder house ” in 2015. The Los Feliz Mansion closed on July, 18, 2016, and was snatched up in a probate sale the month before. Some say they’ve seen Dr. Perelson’s ghost.

Marketing 109

Marketing Agents As-is Probate sale 109

Toronto Realty Blog

AUGUST 25, 2021

” That’s what I emailed to a client on Sunday after she sent me the listing for a $3,000 per month, 2-bedroom house that she wanted to go check out. Leaving a smaller 1-bed, 1-bath unit in a multiplex and heading for greener pastures in a 2-bed, 2-bath, semi-detached in a new and different area?

As-is 98

As-is Finance Principal Development 98

Toronto Realty Blog

DECEMBER 16, 2020

Not only are my fingers tired from writing Monday’s blog, but also from hand-writing three-hundred Christmas cards! 2) CMHC, The Bank of Canada, & Monetary Policy. 2) Kathy Tomlinson & Vancouver Real Estate. 2) Kathy Tomlinson & Vancouver Real Estate. 2) Government Intervention. TorontoRealtyBlog.

Purchase and sale agreement 83

Purchase and sale agreement As-is Marketing Banks 83

Easy Agent Pro

FEBRUARY 9, 2021

Let’s face it…blogging is a great way to get more real estate leads. There are so many real estate blog ideas… Today, I’m going to show you examples of the most popular real estate blogs on the web and how to use those successful posts to get more real estate blog ideas. But where should you begin?

Title 105

Title Renovation Mortgages Agents 105

Toronto Realty Blog

JANUARY 25, 2021

Average or median prices can change a lot from one month to the next and paint an inaccurate or even unhelpful picture of price values and trends. Each month, the MLS HPI uses more than 15 years of MLS System data and sophisticated statistical models to define a “typical” home based on the features of homes that have been bought and sold.

MLS 94

MLS As-is Sales Marketing 94

Toronto Realty Blog

APRIL 7, 2021

I suppose I could have titled this entry, “The Inevitable April Stats Blog,” but what fun would that be? Plus, you all know that each and every month, I write a post about the TRREB stats and what they mean for the market, so pointing out the inevitability is moot. increase, month-over-month.

Sales 84

Sales Marketing As-is Title 84

Toronto Realty Blog

JANUARY 6, 2021

Last month, in my “Top Ten: Real Estate Stories of 2020,” I reckoned that the #2 story of the entire year was the condo market. 2) Decrease in demand. 750,000 for a 2-bedroom Victorian at Yonge & Summerhill. 575,088 for a 2-bedroom semi in Leslieville. And what’s going to happen in 2021?

Fixed-rate mortgage 119

Fixed-rate mortgage Banks Lending Mortgages 119

Toronto Realty Blog

SEPTEMBER 14, 2020

In November of 2015, the clients put the property back on the market at $399,900. It was 2015, and this was the market at the time. Clients A owned the property for 4 years, 4 months, and made a 20.1% Clients B owned the property for 3 years, 11 months, and made a 65.0% Let’s compare the two returns.

Marketing 53

Marketing Staging Brokerage MLS 53

Toronto Realty Blog

AUGUST 16, 2021

In 2015, Hillard Macbeth published this book: He too likely sold a lot of books with that title. To $60,000, to $70,000, and within three or four months, to $100,000. They had doubled in value inside of mere months! The owner of this card sold it at auction a mere seven months later on December 21st, 2020, for $208,100.

Sales 97

Sales As-is Title Marketing 97

Toronto Realty Blog

FEBRUARY 16, 2021

Six weeks into the 2021 real estate calendar, and I am 2-for-7 this year with pre-emptive offers. – 2) Sellers and listing agents want to sell via bully offer, don’t kid yourself. 2) This property had $700,000 upside. TorontoRealtyBlog. Full disclosure: the condo market is red hot right now, but for how long?

MLS 95

MLS Agents Brokerage As-is 95

HomeLight

SEPTEMBER 27, 2022

DISCLAIMER: This blog post is meant to be used for educational purposes only, not legal or financial advice. Be prepared for the process to take time, especially if the property has to go through probate , which can add months to your schedule. Texas repealed its inheritance tax in 2015.) Understand timelines.

Purchase and sale agreement 89

Purchase and sale agreement Title Agents Sales 89

Toronto Realty Blog

JUNE 28, 2023

One kid I went to high school with is a multi-millionaire today because he went into “the trades,” as it was called back then, started a business, franchised, and now spends six months of the year in Europe. ” This chart says it all: Going from 3% to 2% doesn’t sound like much, right? He puts me to shame.

Construction 71

Construction Development Industrial As-is 71

Toronto Realty Blog

APRIL 26, 2023

” I saw Home Alone 2 at the Hyland. Then in 2015, I leased the condo for him so he could move to NYC for a few years for work. Two months later , the property hadn’t sold. I wrote a blog post about this once. My clients, Peter and Giulia, have been with me for a very long time. ” So I agreed.

MLS 73

MLS Staging Brokerage Agents 73

Toronto Realty Blog

AUGUST 3, 2021

Passing off that porcelain shower as “Marble” on the MLS listing simply because it looked to be marble when you were there two months ago is NOT okay. per month, and his clients’ initials. ” Closing was two months away, and for two months, he kept threatening me. This one is short and sweet.

Purchase and sale agreement 98

Purchase and sale agreement MLS Agents Brokerage 98

HomeLight

MARCH 21, 2022

With Simple Sale, you can get an all-cash offer in as few as 48 hours and sell your home in as little as 10 days, skipping the months it takes to sell the traditional way. Launched in 2015, Offerpad is one of the largest iBuyers by transaction volume , alongside Opendoor and Zillow. WeBuyHouses.com. Buy-and-hold companies.

Closing costs 103

Closing costs Home sale contingency Investor Closing 103

Marco Santarelli

AUGUST 4, 2020

However, the market conditions are showing some signs of improvement due to growing consumer interest and pent up demand after two months of continuous decline in sales. Just like the previous month, closed sales were up by 22.2 in home values over the next 12-months. months of supply, down from 3.8 months last March.

Marketing 141

Marketing Investor Sales As-is 141

Toronto Realty Blog

FEBRUARY 18, 2021

The last sale for a comparable-sized unit was one month ago: For those playing along at home, $592,500, for 654 square feet, is $906 per square foot. Such as… 2) Property type. You can read the 2015 Toronto Star article about this HERE. ” appeared first on Toronto Realty Blog. But wait!

Branding 108

Branding Construction Design As-is 108

Toronto Realty Blog

FEBRUARY 28, 2022

I had planned a blog about interest rates for a couple of weeks now, but with the conflict in Ukraine, I can’t imagine that whatever was planned by the Bank of Canada and the U.S. That’s about 50 basis points higher than markets were expecting just a month ago. when there are tanks rolling through Kiev? Life must go on, right?

Banks 77

Banks Lending As-is Marketing 77

GeekEstate

JANUARY 3, 2022

2: MLS Transformation: Even if it’s at a snail’s pace, consolidation is nothing new. Exit from Katerradise: This startup had been contech’s beacon of hope since its founding in 2015. They’ll tack on 100 basis points in a month. Overall 2021 Trend Score: 6-2-2. However, bankruptcy filings showing $1.29

Industrial 116

Industrial Bankruptcy Development MLS 116

HomeLight

APRIL 29, 2022

Best Time to Sell Calculator: Uses housing market data from your area to estimate the best and worst months to sell your home. Redfin Concierge : For a 2%-2.5% Note that the 2% fee is only available if you also buy a home with Redfin within 365 days of your home sale closing, otherwise you’ll pay 2.5%.). Relatively low risk.

Agents 100

Agents MLS Closing Home sale contingency 100

Marco Santarelli

JANUARY 3, 2021

There is no doubt that rental property investment can be a great way for beginners to generate positive cash flow every month. All that you need to see is your ROI flowing into your bank account each month. You can subscribe to real estate blogs, which can be an amazing source of free information. You cannot fly solo.

Investor 106

Investor Property Management As-is Equity 106