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

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. ” But to start 2024, we’ve seen the sentiments change. TorontoRealtyBlog Better late than never here, I suppose?

Marketing 74

Marketing As-is Closing Sales 74

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. We had three rental listings take over one month to lease.

Marketing 67

Marketing As-is Mortgages Sales 67

Toronto Realty Blog

APRIL 8, 2024

This project began sales not too long ago and I was sent an information package by real estate agents, blog readers, and clients alike. The building is planned for 63-storeys and around 400-units, as follows: Levels 2-13 will represent the 5-star hotel. Level 2 will feature a 10,000 square foot restaurant, Katsuya.

Construction 75

Construction Development Design As-is 75

Toronto Realty Blog

APRIL 4, 2024

As to why we usually set offer dates for Monday or Tuesday, you can read more about that in a blog post that I wrote last month: “When Should You Move Your Offer Date?” The average home price in the GTA increased by 1.3%, month-over-month, and that’s after the ridiculous 8.0% So, a game, then?

Sales 64

Sales Agents As-is Inspection 64

Toronto Realty Blog

APRIL 1, 2024

That’s how I’ve felt about the 2024 national budget for the last few weeks, and while the budget won’t be released until April 16th, I’m already anxious about it. 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. We know that.

Banks 86

Banks As-is Mortgages Marketing 86

Toronto Realty Blog

NOVEMBER 13, 2023

I’ve written blogs from the perspective of both tenants who have a bad landlord, and landlords who have a bad tenant, and all the while, we’ve debated the protections that tenants enjoy in this province in 2023, and whether or not they’re unfair to landlords. Both landlords and tenants can abuse the system and do.

Purchase and sale agreement 106

Purchase and sale agreement Residential Closing Pre-approval 106

Toronto Realty Blog

MARCH 15, 2023

But it adds context to both today’s blog, today’s blog challenge, and of course, blog reader Derek ‘s comment from last Friday. Back in April of 2018, it was blog reader Derek himself that posed a question to the readership: Should we try to amuse ourselves with a game? The challenge was accepted!

Marketing 77

Marketing Land As-is Sales 77

Toronto Realty Blog

FEBRUARY 12, 2024

While some recent commenters here on Toronto Realty Blog might suggest that, whether it need to directly pertain to real estate, or not, it might be me who is the greatest hype man of all time. Having said that, I’ve been saving this blog post for a while now. I know my place. That first week of January was quite slow.

Principal 87

Principal Investor As-is Marketing 87

Toronto Realty Blog

OCTOBER 12, 2023

month-over-month, up 10.5% Average 2-bedroom Toronto rental up 1.3% month-over-month, up 7.1% Now, my cynical side looks at the price for a 2-bedroom and says, “Half of that is just over $1,700 per month, so why not find a roommate and reduce the cost of living? year-over-year, to $2,620.

Marketing 88

Marketing As-is Days on market Construction 88

The Close

APRIL 15, 2024

Use HARO (Now Connectively) to Get Quoted in Publications Cost: $0-149 per month One of the most direct paths to get your real estate brand circulating in the press is to use Connectively (formerly HARO) , an online service designed to connect publications with sources.

Branding 88

Branding Agents Brokerage Industrial 88

Toronto Realty Blog

JANUARY 11, 2024

On Monday, we started to discuss the topics, themes, issues, and stories that would consume our “real estate minds in 2024,” notably the things that might concern us the most. Let me throw some skin in the game here: my mortgage comes due in November of 2024. What will prevailing rates look like in November of 2024?

Fixed-rate mortgage 73

Fixed-rate mortgage Banks Mortgages Construction 73

Toronto Realty Blog

APRIL 22, 2024

Oh, and that was a 2-bedroom, 2-bathroom unit. Two weeks ago, I wrote a blog post about the new Freed Residences, where studio condos were being pre-sold for upwards of $2,300 per square foot. In fact, I really didn’t learn much from it, other than perhaps the notion that I needed to pen a similar blog post.

Pre-approval 72

Pre-approval As-is Construction Marketing 72

The Close

APRIL 15, 2024

Use HARO (Now Connectively) to Get Quoted in Publications Cost: $0-149 per month One of the most direct paths to get your real estate brand circulating in the press is to use Connectively (formerly HARO) , an online service designed to connect publications with sources.

Branding 72

Branding Agents Brokerage Industrial 72

Marco Santarelli

OCTOBER 14, 2023

In this blog post, we will delve into the factors that influence 30-year mortgage rates and explore expert predictions for the upcoming months and years. 30-Year Mortgage Rate Predictions from Reputable Sources Forecasts regarding mortgage rates for the remainder of 2023 and 2024 vary among reputable sources. by year-end.

Mortgages 52

Mortgages Banks Loans Lending 52

Toronto Realty Blog

JANUARY 29, 2024

And, alright, maybe it’s not one hundred percent literal, but a market change like the one we’re experiencing now doesn’t happen in a month or a week. This gorgeous semi-detached, 3-bed, 2-bath took offers last week: There were 18 offers. 3-bed, 2-bath, wide lot. It happens in mere days. ” No way.

Marketing 81

Marketing Agents Sales As-is 81

Housing Wire

JANUARY 10, 2024

Yet, in a competitive real estate market, agents don’t always have the luxury of investing months into long-term brand-building. In this dashboard will be a list of property owners in the agent’s target area based on their likelihood to sell within the next 18 months.

Land 408

Land Agents MLS Design 408

Toronto Realty Blog

FEBRUARY 24, 2022

It should come as no surprise that I love writing blog posts in trilogies. I got a 3+1 townhouse with heated garage in Calgary (25 mins outside the core, but walkable to LRT, so this would be like something in Etobicoke here) for $400K all in, completes in 2024. Who doesn’t? Meanwhile a resale townhouse in Oshawa, $1.2M.

Closing costs 142

Closing costs Development Land Investor 142

The Close

DECEMBER 15, 2022

We’ve laid out a plan of action for each month so that you’ll know exactly which marketing activities you should be focusing on. They provide unique, informative, and hilarious marketing posts every month for you to customize and post online with your own branding. This content can be repurposed on social media and on your blog.

Marketing 105

Marketing Branding Agents Land 105

Toronto Realty Blog

MARCH 20, 2023

Because when I look at the number of active buyers I have right now, all of whom have zero options on the market, and I think of how many buyers the 72,000 other agents in the GTA must have on their roster, I can’t see any reason why prices don’t escalate in the next 3 1/2 months. – #2: Cambridge Down 25.3%

As-is 83

As-is Closing Marketing Sales 83

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

Toronto Realty Blog

JUNE 5, 2023

The market subsequently responded with a 4.0%, month-over-month increase in the average home price. 2) The market has clawed almost all the way back from last year. We’ve talked a lot about “market bottom” in recent months, with some readers commenting that a new bottom, ie. More on that in a moment.

Sales 70

Sales Marketing As-is Closing 70

Toronto Realty Blog

NOVEMBER 2, 2022

I know that a lot of the TRB readers dabble in pre-construction condo investing and many of the agents who read this blog sell projects as well. Today, I want to show you a handful of pre-construction projects that have hit my inbox in the past month, and we can weigh the pros and cons of each project. c) Never active.

Construction 79

Construction Marketing Development Land 79

Toronto Realty Blog

SEPTEMBER 18, 2023

Today, I’m going to share with you two examples, one from each “side,” that came across my desk at the start of this month. With their 12-month lease now in its last month, the landlord and her agent reached out to the tenants. First, let’s look at a landlord trying to take advantage of a tenant.

Agents 84

Agents Residential As-is Mortgages 84

Toronto Realty Blog

JANUARY 18, 2024

TorontoRealtyBlog I laughed when I read a comment on one of last week’s blogs that said something like, “So you’re only blogging twice per week this year, but each blog is twice as long?” ” Well, that would be a net gain for Toronto Realty Blog then, wouldn’t it?

Marketing 77

Marketing Sales As-is MLS 77

Housing Wire

APRIL 8, 2022

I set a specific home-price growth model for the years 2020-2024 that said if home prices only grew at 23% during this five-year period, the housing market would still be OK, given wage growth. The years 2020-2024 were always going to be different from 2008-2019. The velocity of inventory rising in the next three months is limited.

Marketing 395

Marketing Lending Short sale Equity 395

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.

Marketing 96

Marketing Construction Land As-is 96

Toronto Realty Blog

JANUARY 8, 2024

I placed Stainey on the light fixture in my home office, with her arms wrapped around one of the Edison bulbs, and then I placed one of the notes (FYI – you can buy a whole month’s worth of these with your kids’ names on them…) on my desk under the light fixtures. I didn’t write a single blog for two weeks!

Sales 83

Sales As-is Pre-approval Marketing 83

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.

Pre-approval 83

Pre-approval Construction Development Agents 83

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 5, 2024

I’ve had this blog topic in the queue now for quite some time. Maybe months. Ah, yes, and there it was, in all its glory: “Toronto Mayor’s Executive Committee Endorses 10% Speculation Tax On Foreign Home Buyers” CBC News January 30th, 2024 This is simply incredible. Alright, sorry. Maybe weeks.

Land 71

Land Residential As-is Development 71

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

JANUARY 15, 2024

But a little more than two weeks into the 2024 market, it’s all crickets. Early prediction: January of 2024 will see the fewest sales EVER in a month of January. Remember this blog post? So far in 2024, Olivia Chow has hardly affected housing in Toronto at all! And the tax could increase to 16.5%

MLS 71

MLS Agents Pre-approval Brokerage 71

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) Government Intervention. 2) Government Intervention. TorontoRealtyBlog. Yes, I do that.

Purchase and sale agreement 83

Purchase and sale agreement As-is Marketing Banks 83

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

OCTOBER 17, 2023

Colorado currently sits at 4-2, but I digress… My inauthentic real estate wager was far more satisfying, however, even if the money will only be collected in, “I’ll buy you a coffee” form. Time will tell, and the next time I see you in this space, it’ll be 2024! appeared first on Toronto Realty Blog.

Marketing 84

Marketing Sales As-is Brokerage 84

Marco Santarelli

MARCH 11, 2023

In this blog post, we will explore the Frisco housing market for 2023, including the best neighborhoods, home values, and real estate trends. The trend for median days on the market has gone down since last month and slightly up since last year. The average sale price of a home in Frisco was $700K last month, up 7.7%

Marketing 87

Marketing Investor Sales As-is 87