Toronto Realty Blog

SEPTEMBER 9, 2021

In Tuesday’s blog post, we looked at three burning questions: 1) How will the federal election shape the future of the housing market? 2) What is going to happen with the condo market? Let’s take a look: Ah, okay, so sales were only 8,596 this past month? recorded in 2016. Now, what of sales ? drop from 2020?

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Sales Marketing As-is Investor 68

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

Realtor.com

DECEMBER 20, 2022

Photo-Illustration by Realtor.com; Photos: Getty Images (2) / Realtor.com It’s like déjà vu in the housing market. Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Sound familiar?

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Marketing Construction Investor New Construction 113

Toronto Realty Blog

APRIL 23, 2021

And more now than ever, after thirteen months in a pandemic, we deserve a kind, merciful summer. While the true end could be years away, the proverbial light at the end of the tunnel may only be 2-3 months ahead. Again, probably the lowest number of sales in the month of May since the 1990’s. Slowly but surely.

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Title Sales As-is Marketing 68

Toronto Realty Blog

AUGUST 21, 2023

Three months pass, and the the closing date is here! Then a month. on October 11th, 2016, and this transaction was scheduled to close in November 9th, 2018. Then a month. appeared first on Toronto Realty Blog. Unfortunately, the buyer is unable or unwilling to close. A week passes, then another. The buyer reneged.

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Purchase and sale agreement Finance Closing Brokerage 77

Afford Anything

NOVEMBER 24, 2020

Ell asks (at 2:20 minutes) : I’m saving for a downpayment on a house and I want my money to earn more than it does at a traditional bank (0.01 I’m a public employee in Alaska and while I love my job, I can only save a few hundred dollars every month towards real estate. I answer these questions in today’s episode. What should we do?

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Banks Mortgages As-is Development 67

Toronto Realty Blog

OCTOBER 20, 2021

2) Decrease expenditures. I noted in a CTV Your Morning interview last month that about 35% of the cost of a new condo is taxation. But as far as today’s blog post is concerned, let’s discuss the notion of “increasing affordability” which ultimately leads to increasing prices. Oh – and new taxes.

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Marketing Construction Land As-is 96

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.

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Investor Banks Development Construction 87

Toronto Realty Blog

NOVEMBER 8, 2021

But for myself, my wife, and my 5-year-old and 20-month-old, the experience was beautiful! We came home to find the bowl was only half-empty, and I would hazard a guess that 95% of kids took 1-2 chocolate bars and happily scurried away. ” Have you ever seen a 20-month-old child run, full-speed, downhill?

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Sales MLS Marketing As-is 91

Toronto Realty Blog

JANUARY 21, 2022

This was a 1-bed, 1-bath, no parking, no locker, $400/month fees which include zero utilities, and it was barely 500 square feet. Let’s just look at the value of this house versus the Toronto condo and every other property on our list… – Option #2: Calgary. What a life, right? Built in 1981. 2,500 square feet.

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Equity Construction MLS As-is 94

Toronto Realty Blog

MAY 31, 2023

TorontoRealtyBlog Back in 2016, I sold an investment property to a young man who was, potentially, going to be rich one day. I told the father that the son should purchase a 2-bed, 2-bath condo and rent it out. per month mortgage fee there’s principal and there’s interest. Probably not.

Fixed-rate mortgage 14

Fixed-rate mortgage Principal Investor Mortgages 14

Lab Coat Agents

DECEMBER 31, 2020

Originally Featured On The Follow Up Boss Blog. Start a blog. I have had the best month in my four year real estate career so far in October. The Seeby Group’s review strategy resulted in 100 transactions in 2016, and countless free leads. Blogging – Best Way to Attract Quality Leads. Door knocking.

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Agents As-is Marketing Sales 98

HomeLight

OCTOBER 20, 2020

The former was the case for Nancy Sanborn , a real estate agent in the LA area with nearly 40 years of experience, when she got hired to sell what she thought was a regular old probate listing in a wealthy LA neighborhood in 2016. 101 (2016). million between April and June 2016. Connecticut. New Mexico. South Dakota.

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Marketing Agents As-is Probate sale 109

Toronto Realty Blog

DECEMBER 19, 2023

It’s just really, really hard to describe an entire year’s blog posts or an entire year’s real estate stories in a standard blog-post length. This is likely more subjective than the top five blog posts , but then again, we run into many of the same themes over and over.

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Pre-approval Construction Development Agents 83

Toronto Realty Blog

DECEMBER 14, 2022

I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. Believe it or not, this is the eighth year I’ve been working with this format; the top five blogs followed by the top five posts. 2) The Election & Real Estate.

Development 81

Development Purchase and sale agreement As-is Marketing 81

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.

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Construction Bankruptcy Pre-approval Purchase and sale agreement 72

Toronto Realty Blog

OCTOBER 9, 2020

I won’t lie to you; I definitely considered using yet another diving photo for today’s blog, but nothing quite beats Wednesday’s photo which captures the essence of how I feel, every single day, working in this market. 2) Midtown – C09, C10, C11. TorontoRealtyBlog. Yeah, that’s dark. Who saw that coming?

Marketing 65

Marketing As-is Sales 65

Toronto Realty Blog

JUNE 7, 2021

Would you read some random real estate agent’s biased blog? This is less than March and April, which were the #1 and #2 months for sales in the history of TRREB. But it’s more than the post-pandemic average, and more than every month since last summer, save for Feb/March/April of this year.

Sales 96

Sales Marketing As-is Agents 96

Toronto Realty Blog

NOVEMBER 1, 2021

This is, after all, the Toronto Realty Blog. in seventeen months? – 2) North Bay: 58.3%. The town of Tillsonburg had 15,872 residents according to the 2016 census. Can you tell I watched Hot Tub Time Machine 2 last night? I didn’t know anybody that lived in Moncton, up until a month ago.

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MLS Residential As-is Marketing 88

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. The story broke in the media and later that day, I ran by and watched workers continue to work even though the project was apparently being canceled… 2016: Foreign ownership.

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As-is Marketing Title Agents 96

Toronto Realty Blog

DECEMBER 12, 2022

But I had a lot of fun here on Toronto Realty Blog as I always do, and I had even more fun sitting down to go through the year’s blog posts. Here are the Top Five Blog Posts of 2022 as we see them… #5: TRB Special Guest Posts: Chris Cansick, Matthew Morrison, & Tara Amina. Not blogging is simply not an option.

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Pre-approval Construction Development As-is 81

Toronto Realty Blog

FEBRUARY 22, 2022

Chris will always joke with me and say, “You can write blogs from anywhere. Move to Boston and start BRB ; the Boston Realty Blog!” per cent since 2016 and bringing its population to 40,232 from 35,874. How about this: That’s a 3-bed, 2-bath townhouse, priced at $499,000. And for only $594,500.

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Construction Staging Land Sales 94

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?

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As-is Finance Principal Development 98

Toronto Realty Blog

NOVEMBER 11, 2020

So she had months to get this place leased. She was renting the unit for $2,450 per month but we told her that market rent had dropped dramatically, and that she should really put the unit up for $2,295/month. We begged her to re-list at $2,195/month, or less. “I was getting $2,450/month last year.

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Investor Construction As-is Development 97

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. Top Five: Real Estate Stories of 2016 : 5) New Mortgage Regulations. 2) Kathy Tomlinson & Vancouver Real Estate. 2) Government Intervention.

Purchase and sale agreement 83

Purchase and sale agreement As-is Marketing Banks 83

Real Estate Finance HQ

JULY 31, 2016

Tweet “The fact that we are still buying houses in 2016 the same way we did in 1956 is absurd.”]. In the coming months, we’ll start adding similar value and new products for renters, so that it’s possible to take Cozy with you wherever you live. 2 Rentometer. ” Lucas Hall. Founder of Landlordology.

Technology 40

Technology Property Management Commercial Construction 40

Toronto Realty Blog

MAY 10, 2021

Quite the interesting week on Toronto Realty Blog! Well, for me , at least… The main character of Monday’s blog found my post, took issue with it, and then told me, “You have one hour to take that down, or I’ll file a RECO complaint.” TorontoRealtyBlog. ” Imagine that, eh? from March to April.

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Sales Marketing As-is Agents 67

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.

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Sales Marketing As-is Title 84

Toronto Realty Blog

AUGUST 29, 2022

” I guess I never stopped to consider that some readers aren’t familiar with the term, and thus don’t really ‘get’ these blog titles. Here’s an article that ran last month: “B.C. Somebody asked me last week, “What’s this ‘Monday morning quarterback’ thing all about?”

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Inspection Purchase and sale agreement Pre-approval Finance 78

Louisville Homes

DECEMBER 13, 2020

In the last few years, I put them on my personal site, so if you’re interested, you can find them here: 1, 2 , 3 , and 4. Therefore, more expensive houses are out there but weren’t sold in the past 12 months. Year # Sold 2016 35 2017 59 2018 60 2019 69 2020 77. 2 – 2800 Mayo Lane. Let’s begin!

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Land Days on market Development As-is 105

Toronto Realty Blog

NOVEMBER 27, 2023

While we have seen 4-6 month periods of cool markets, and periods of hyper-appreciation followed by periods of decline, I think it’s fair to say that those calling for the “crash” back in 2004, or 2007, or 2011, or 2016, were proven exceptionally incorrect. It was almost $1,200,000 last year. Mom and Dad.

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Title Debt-to-income ratio Banks Mortgages 69

Toronto Realty Blog

AUGUST 9, 2021

Before I get into last month’s real estate statistics, I first need to provide a brief refresher on the 2020 real estate market. Sales in the month of May rose to 4,606, but that’s not a typical May figure! higher than the previous record set in July of 2016. ” How mean! It was an all-time high for July.

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Sales Marketing As-is Investor 94

Toronto Realty Blog

SEPTEMBER 14, 2020

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% People who owned from 2010 to 2016 made a return, but people who owned from 2016 to 2019 absolutely killed it. Listed at $549,900, we sold for $660,000, amid 13 offers.

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Marketing Staging Brokerage MLS 53

HomeLight

NOVEMBER 23, 2020

2020 didn’t care whether you got your license three months or three decades ago. And more importantly, how did it show up in the 40 episodes that we published over the past 9 months? I wanna peel back the curtain for the next couple of minutes and talk about why HomeLight spent the past nine months doing a weekly podcast.

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Agents As-is Marketing Industrial 93

Louisville Homes

OCTOBER 12, 2021

Year # Sold 2016 35 2017 59 2018 60 2019 69 2020 54 2021 124 Each year I started with January 1st and calculated up to the date of the article which is typically at the end of September or early October. Tie #4 – 2 Wolf Pen Lane. 2 – 7200 Covered Bridge Road. Most Expensive Homes in Louisville. Here’s the tally.

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Land Days on market Construction As-is 98

Toronto Realty Blog

JANUARY 18, 2023

properties which were unoccupied for six months or more during the previous calendar year). 5 months owner occupied plus 2 months vacant plus 5 months being renovated, would still be classified as a vacant dwelling and require a tax payment since no single use lasts the minimum six months).

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Purchase and sale agreement Residential Land Renovation 98