Toronto Realty Blog

SEPTEMBER 25, 2023

After only three years of operation (2015) Comfree was sold to Yellow Pages for $50 Million Dollars. 3 Private equity firms and many others from the finance or insurance world have been trying to disrupt the real estate industry for decades but none so far have been able to create a sustainable business model. ” Yahoo!Finance,

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Brokerage Industrial MLS Equity 97

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.

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MLS As-is Sales Marketing 94

Toronto Realty Blog

FEBRUARY 1, 2023

TorontoRealtyBlog If it’s fair to draw just one conclusion from Monday’s blog post, it would be this: maintenance fees have increased substantially throughout the downtown core over the last decade. As I showed you on Monday, I wrote blogs about this way back when. Blog reader Daniel wrote: Very good point!

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As-is Property Management Renovation Land 98

GeekEstate

JANUARY 10, 2024

Every month we provide data on tens of millions of properties for some of the most popular real estate apps on the market. In 2015, we built a SFR dispositions platform that was white labeled by one of the biggest residential investors in the country. And without siphoning resources from other parts of the application.

Development 57

Development Banks Residential Investor 57

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 4, 2024

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!” perhaps Billy Joe Armstrong’s best-known work could lend a title to today’s blog. Good Riddance.

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Equity Purchase and sale agreement Mortgages Lending 85

Toronto Realty Blog

MARCH 29, 2021

How about some headlines from this past month? 3/13/2021, NOW Magazine, “Real Estate Agent Says That A Scarborough Bungalow Listed For $2.2M But here’s an actual person, commenting on Garth Turner’s blog post, detailing his patience as it pertains to the “bubble burst.” Did you know that?

Marketing 126

Marketing Banks As-is Finance 126

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. After a month of carrying units unsold, with few showings and zero interest, they decided to raise their prices.

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Construction Bankruptcy Pre-approval Purchase and sale agreement 72

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.

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Construction Pre-approval Purchase and sale agreement Development 71

Toronto Realty Blog

MAY 11, 2022

I can already hear the complaints about this blog post on the real estate Facebook groups. Or another agent takes me to task for divulging the terms and conditions of an offer night, in full, in a blog post? 3) I cannot divulge sales data. TorontoRealtyBlog. For the record, I’m not a part of any of these groups.

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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

Marco Santarelli

FEBRUARY 28, 2023

In this blog post, we will take a closer look at the latest housing market trends in Myrtle Beach for 2023 and provide insights on what to expect in the coming months. This trend is likely to continue in the coming months, making it a great time for sellers to put their homes on the market. since last year.

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Marketing Investor Property Management Sales 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! 3) The Media’s Continued Obsession With The Pending Real Estate Collapse. 3) The Business Of Real Estate And The Real Estate Industry. 3) The Business Of Real Estate And The Real Estate Industry.

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Purchase and sale agreement As-is Marketing Banks 83

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?

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Sales Marketing As-is Land 80

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. 3) The Rental Market.

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As-is Marketing Title Agents 96

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!!!

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Banks Lending Land As-is 95

RIS Media

APRIL 14, 2021

I’ve written before about the Masters, and if you’re a longtime reader of this blog, you’ll know I often draw references between sports and leadership. In 2015, at the age of 21, he won the Masters tournament, and had only been to the Masters once before. Jordan Spieth, for example, is one of those people.

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Title As-is Closing Brokerage 96

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.

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Marketing Staging Brokerage MLS 53

Toronto Realty Blog

JANUARY 12, 2022

We now the “count” as 4-balls, 3-strikes today, but that didn’t come into effect until 1889. Of course, if we want to compare apples to apples, and look at December vs. December, we can always draw inferences from the month of December. And what happened in that month, and the months after?

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Sales As-is Marketing Technology 93

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. 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. 3) Sold after auction. 2) Sold at auction.

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Agents Inspection Title As-is 83

Toronto Realty Blog

FEBRUARY 14, 2022

We have a lot of fun here on Toronto Realty Blog, don’t we? Upon reading the full report, which spans thirty-three pages and is, at times, as dry as the Sahara, I again determined that an examination of this report could also serve as one of the most important blog posts in the history of TRB. TorontoRealtyBlog.

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Land Residential Construction Commercial 77

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. I still think buying makes more sense, and that the $3,000 per month she’d be throwing away on rent could be paid into a mortgage, of which likely $1,500 or more is principal.

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As-is Finance Principal Development 98

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. returns are taxed).

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Mortgages Fixed-rate mortgage Finance Equity 90

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. 3) Worldwide pandemic. Life must go on, right?

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Banks Lending As-is Marketing 77

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.” There’s never any offers at 9:00am, or 11:00am, or sometimes even by 3:00pm. They had been through this grind before.

Development 67

Development Agents Pre-approval As-is 67

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. Drip campaigns delivering buyer best-practice blog content Drip campaigns delivering seller best-practice blog content. But, it’s not all good news. Related Article.

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Agents MLS As-is Marketing 88

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.

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Investor Construction Equity Finance 68

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.) This can allow you to transfer title.

Purchase and sale agreement 85

Purchase and sale agreement Title Agents Sales 85

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.

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Marketing Investor Sales As-is 141

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. In buildings where there’s no concierge, I often see showing instructions like this: Confirmed 3:00 – 3:30pm. per month, and his clients’ initials.

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Purchase and sale agreement MLS Agents Brokerage 98

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.

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Home sale contingency Sales Closing Short sale 104

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. I’m looking at my freehold sales under $1,000,000 from back in 2013: $515,000 for a 3-bedroom semi at Dufferin & Davenport. 582,500 for a 3-bedroom semi at Bloor & Jane.

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Fixed-rate mortgage Banks Lending Mortgages 119

Toronto Realty Blog

FEBRUARY 16, 2021

Use this to your advantage by knowing the following… – 3) Many buyers are testing the sellers with bully offers. And when they list a property for sale, they have no idea how the market may have changed from last week, last month, or even last year. They want them! So why not give them what they want? Not all, but some.

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MLS Agents Brokerage As-is 95

HomeLight

AUGUST 31, 2021

Disclaimer: Information in this blog post is meant to be used for educational purposes only, not as a substitute for legal advice. As of October 3, 2015, the Closing Disclosure has replaced the HUD-1 Settlement Statement and Truth-in-Lending Statement, combining them into one document. Prepaid Interest. Credit Report Fee.

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Earnest money deposit Title Closing Loans 103

Norada Real Estate

FEBRUARY 2, 2023

Look for someone who has been in business for at least 3 years, at this point they will know what they’re doing. 3) How many staff members do you have and what are their job functions? You don’t want a property manager who has only been in business for 1 year. 2) How many rental units do you manage? How’s that for a perk?

Property Management 97

Property Management As-is Inspection Investor 97

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.

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Investor Property Management As-is Equity 106

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.

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Construction Development Industrial As-is 71