Toronto Realty Blog

AUGUST 2, 2022

My father was also told that the only movie in the world that would really, truly, fully, and confidently display the power of THX in-home surround sound was noneother than Terminator 2: Judgment Day. I watched Terminator 2. To see only 8% is quite shocking, but then again, who would list in January and terminate in the same month?

MLS 106

MLS As-is Technology Marketing 106

Toronto Realty Blog

MARCH 7, 2024

I wonder which narrator blog reader, Derek, was thinking of when he made his comment on last month’s “January TRREB Stats,” because personally, I heard Morgan Freeman. ” If you recall, I spent most of my time in this space last month arguing that the TRREB numbers “made no sense.”

Sales 84

Sales Marketing As-is Closing 84

Keeping Current Matters

DECEMBER 9, 2020

Bill McBride, the founder of the well-respected Calculated Risk blog, recently summed it up this way : “It has been over fourteen years since the bubble peak. Here are the most recent forecasts for 2021: National Association of Realtors : 4.5%. Mortgage Bankers Association : 2%. above the previous bubble peak. Fannie Mae : 2.1%.

Fixed-rate mortgage 246

Fixed-rate mortgage Residential Finance Mortgages 246

RIS Media

MARCH 4, 2022

Headliners Week of 2/20 – 2/26. Headliners Week of 2/7 – 2/12. Headliners Week of 1/31 – 2/05. RISMedia Blog and Social Media Editor Jameson Doris delivers this week's Headliners, a video recap of the week's top stories. December 17, 2021. Broker Confidence Continues to Slide in a Tumultuous February.

98

98

Toronto Realty Blog

APRIL 18, 2024

“Weak Condo Market In Downtown Toronto Leads To Dip In Rental Rates, Increased Vacancy” Globe & Mail February 7th, 2024 That headline definitely jives with what I saw and felt over the past three months, and you’ll see this shortly in the Q1 rental stats. Well, let’s say that this was a 2-bedroom, 1-bathroom condo.

Marketing 67

Marketing As-is Mortgages Sales 67

Toronto Realty Blog

FEBRUARY 15, 2024

This is a quarterly feature here on the Toronto Realty Blog and I’m having trouble believing that the last time we worked through these numbers, the summer had ended and it was just after Labour Day. higher than the preivous high -point of 2021. TorontoRealtyBlog Better late than never here, I suppose? 2,577 listings is 58.9%

Marketing 74

Marketing As-is Closing Sales 74

Toronto Realty Blog

NOVEMBER 16, 2022

I don’t believe I’ve cracked 3,000 blog posts yet, but I’m close. Ergo, I have been looking forward to penning my 3,000th blog post for quite some time. The problem with having written nearly 3,000 blog posts over fifteen years is that every so often, I write a post that I’ve already written.

Banks 79

Banks Renovation As-is Sales 79

Toronto Realty Blog

DECEMBER 8, 2021

Are you tired of the stats blogs yet? My year-end “MLS Musings” is due Friday, and I’ll dump out everything I have left from 2021. If you’ve ever heard the term “Months of Inventory,” consider that sales-to-new-listings, or SNLR, is simply the inverse of MOI. Well, hang in there.

Sales 91

Sales As-is Marketing MLS 91

Toronto Realty Blog

APRIL 5, 2023

So when we’re talking about $1,400/month basement apartments in prime areas like Riverdale, High Park, or Trinity Bellwoods, there are going to be all sorts of inquiries on the property. ” You don’t get people calling on your $3,000/month rental offering $1,500, but it happens in the low-low end.

Marketing 75

Marketing As-is Sales Investor 75

Toronto Realty Blog

SEPTEMBER 12, 2022

We never know exaclty when the stats will be released, but it’s usually around the 4th, 5th, or 6th of the month. To publish a statistical analysis of last month , you’d need a day or two after the month has concluded. On average, I’d say that the TRREB Market Watch is released around the 5th of the month.

MLS 100

MLS Sales Brokerage Marketing 100

Toronto Realty Blog

FEBRUARY 24, 2022

It should come as no surprise that I love writing blog posts in trilogies. I know it’s the Toronto Realty Blog but watch out here comes Canada’s sunniest city (aka Calgary). If you recall Tuesday’s blog , you’ll note that the average price in The Yukon in November of 2021 was $656,800.

Closing costs 142

Closing costs Development Land Investor 142

Toronto Realty Blog

OCTOBER 25, 2023

I have penned several blogs this year on TRB about properties listed “over and over,” so today’s post is seemingly nothing new. But I want to use the TRREB data, namely the “average 416 sale price” from selected months to examine how, where, or how some of these listings could be poorly priced.

Sales 79

Sales As-is Marketing Agents 79

GeekEstate

OCTOBER 29, 2021

[Note from the editor: Originally published on Thomvest’s Blog ]. Venture capital activity in real estate has also remained quite strong — investment in the category reached $8 billion through the first 9 months of 2021, a record. Novel real estate agent and brokerage models.

Technology 135

Technology Marketing Purchase and sale agreement Equity 135

Toronto Realty Blog

JULY 4, 2022

Did you just stumble upon this blog for the first time? Well, now you found this blog! By the time you’re reading this blog on Monday, the June TRREB stats might be released. increase, month-over-month, after a 7.3% TorontoRealtyBlog. Hey, how are you? What else is there to look at, right?

Sales 83

Sales As-is Banks Marketing 83

HomeLight

AUGUST 10, 2022

Tip #2: Let your readers get to know the real you. Newsletters are often used to promote the valuable content on your blog or YouTube channel. Make the newsletter itself a thing of value, not just a tool for promoting the value on your blog or website,“ says McGee. Or, 80% them, 20% you. McGee says that’s a mistake.

Title 107

Title Staging Design Agents 107

Toronto Realty Blog

OCTOBER 12, 2021

As noted last week, the average sale price in Durham Region in September of 2020 was $734,038, but that rose, in twelve short months, to $968,136. They paid a big price at the time, but as big as that price was – I think around $800,000, it’s crazy to think that only six months later, that house could be worth $920,000.

Pre-approval 87

Pre-approval As-is Marketing Mortgages 87

Toronto Realty Blog

SEPTEMBER 27, 2023

TorontoRealtyBlog It may come as no surprise to you that I receive a lot of feedback on these blog posts. I just received this email: Hey David, A long time lurker on your blog and audience to your Pick5 videos. The property sold on November 7th 2021. The feedback is everything good, bad, and in between.

Marketing 83

Marketing Land Sales As-is 83

The Close

OCTOBER 31, 2022

You must continue filling the top of the funnel in your lead generation process to avoid dry months without pay. Wyzowl’s 2021 State of Video Marketing Report reveals that 84% of respondents agree that using video helps with lead generation. Roughly 2% of door-knocking leads convert to new clients. And they want more of it.

Agents 98

Agents Closing Design As-is 98

Toronto Realty Blog

APRIL 24, 2023

Today, we are inundated with TikTok videos that show a $900,000 estate in Georgia up against a $900,000, 2-bedroom bungalow in Oshawa. I want to look at the actual number of sales in each month, in each price point, from 2022 to 2023 This is fascinating to me, since I wouldn’t have expected such a drop off. in January 56.4%

Marketing 72

Marketing Sales As-is Design 72

Toronto Realty Blog

FEBRUARY 6, 2023

But then, when your dog gets you up at 2:30am on Saturday morning to go outside and pee, and your dog refuses to come in because she’s frozen like a statue, heading outside in only one article of clothing (you need not guess…) while wearing your wife’s Ugg slippers simply undoes the bright idea with a poor one.

Sales 92

Sales Marketing As-is Inspection 92

HomeLight

AUGUST 30, 2022

DISCLAIMER: This blog post is meant to be used for educational purposes only, not legal advice. Less than a month after COVID-19 caused shutdowns and unemployment across the globe in 2020, nearly a quarter of American renters didn’t make their April payments. billion in funding for ERA 2 before September 2025.

Pre-approval 101

Pre-approval As-is Agents Closing 101

Toronto Realty Blog

OCTOBER 17, 2022

Can you believe it’s been three months already? “Three months from now… ,” the receptionist says, “… lemme see… hmmmm… that’ll be January.” As you can see, the light-blue line representing 2022 drops below both 2021 and 2019 by September. TorontoRealtyBlog.

Marketing 94

Marketing As-is Agents Land 94

Toronto Realty Blog

MAY 19, 2023

TorontoRealtyBlog I was in the kitchen at Bosley Real Estate on Wednesday afternoon, putting dry tuna on an ever more dry rice-cake, and an agent who I hadn’t seen in a few months came up and gave me a hug. She looked at me with these sad eyes and said, “I read your blog today. The blog was not. What was this for?

Development 80

Development As-is MLS Land 80

Toronto Realty Blog

APRIL 1, 2024

I want to try not to make this blog post political since it’s supposed to be about the newly-announced Renters Bill of Rights. But in the meantime, they still have about nineteen months to implement policy, enact change, and of course – spend money! 2) There aren’t enough homes. We did that. We know that.

Banks 86

Banks As-is Mortgages Marketing 86

Toronto Realty Blog

JUNE 22, 2022

The original article I referenced above, showings a 31% drop in “some areas” was based on a tiny sample size, on a month-to-month basis, for which I would never draw any conclusions, if it were me. You can’t look at a neighbourhood with 65 sales, and then 45 the next month, and say, “The market is down 25%.”

As-is 83

As-is Marketing Sales Brokerage 83

Toronto Realty Blog

JANUARY 22, 2024

Thankfully , here on the Toronto Realty Blog, we’re not bound by the same “rules of attraction” that govern social media. No, here on Toronto Realty Blog, we can do things slowly. They’ve been on the market for seven months. This listing hasn’t been updated in three months.

Banks 69

Banks Sales Marketing MLS 69

Toronto Realty Blog

MAY 18, 2022

Perhaps this could have been included in Monday’s blog as a third tenet, except that this isn’t “new legislation,” nor is it going to kill condominium development. Now having said this, the actual point of today’s blog was supposed to be about development charges in the city of Toronto. Well, 48.8%.

Development 87

Development Purchase and sale agreement Land As-is 87

Realty Biz

JULY 2, 2021

Courtesy the Hootsuite blog. As of January 2021, Hootsuite puts Tik Tok in 7th position worldwide. In the US alone, the app has 14 million active users every month who spend approximately 47 minutes on the app. 2021, April 29). 2021, April 19). 2021, January 18). 2021, February 19). 2021, February 3).

Branding 94

Branding Agents Technology As-is 94

GeekEstate

JUNE 8, 2021

In 2021, there are already 189 new SPACs that have been created to date. SPACs raise money from investors, and once the company goes public, sponsors have to secure a merger within 24 months. We can expect lots of PropTech startups to go public much earlier than expected in 2021. Otherwise, the investors get their money back.

Investor 104

Investor Equity Finance Technology 104

McKissock

FEBRUARY 19, 2021

According to the 2020-2021 Appraisal Income Guide , more than 15% of certified general appraisers indicate they will retire in the next 6-10 years. Appraisers who leverage technology tools to streamline their process and make their workflow more efficient are able to complete more appraisals per month.

Commercial 54

Commercial Technology Residential Design 54

Broke Agent Media

APRIL 21, 2023

The percentage of startups renting office space, after taking a dive in 2021, has returned to pre-pandemic levels as more return to the office. Skip to January 2021, and that percentage dropped to 36%. All the data and analysis behind these figures is available on the Kruze Consulting blog. Here’s what you need to know.

HR 52

HR Finance Commercial Investor 52

Toronto Realty Blog

FEBRUARY 13, 2023

A nine-month closing? ” But can you see a problem with a 9-month closing? ” Toronto Star February 5, 2023 Thanks to blog readers Ace Goodheart, Different David, and JL for pointing this article out. ” So they leased it for $3,500/month in June. When was it scheduled to close? Quick closing, right?

Marketing 84

Marketing Renovation Closing Construction 84

Toronto Realty Blog

AUGUST 21, 2023

Three months pass, and the the closing date is here! Then a month. ” In this blog post, I summarized a few court cases that proved, once and for all, that if a buyer simply decides to walk away from a firm purchase, and the seller re-sells the property for less , then that original buyer is liable to make up the difference.

Purchase and sale agreement 77

Purchase and sale agreement Finance Closing Brokerage 77

Toronto Realty Blog

OCTOBER 27, 2023

While I have a very lengthy and somewhat contentious blog post lined up for next week, let’s first take a look at some stories from the week that are now in the rear view mirror… The Weird Gets Weirder It’s a difficult market out there and many agents don’t know how to work within it. But can you blame them?

Brokerage 75

Brokerage Agents Construction MLS 75

Boom Town

NOVEMBER 15, 2020

And this time, it’s more important than ever to debrief from this rollercoaster of a year and get a plan in place for 2021. But 2021 will be a unique year, with a whole new set of challenges, and it’s critical to be prepared for whatever comes your way. Are you measuring how many leads you need to generate each month?

Agents 98

Agents Branding Technology Marketing 98

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?

Marketing 113

Marketing Construction Investor New Construction 113

Toronto Realty Blog

SEPTEMBER 6, 2022

Imagine being the would-be buyer who heard about 1.49%, five-year, fixed-rate mortgages in 2021, only to now find out that you’re looking at 5.79%? This article is clearly stale-dated, but it was written about one month after the July rate hike of 100 basis points, and one month before the scheduled announcement in September.

Marketing 82

Marketing Banks Sales As-is 82