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

Toronto Realty Blog

JULY 6, 2023

While my “OG” barber, Leo, cut my hair for thirty years, from my first haircut through Leo’s retirement around 2012 or 2013, I started going to another classic Italian barber thereafter. And yet only four months later, the house sold for $1,200,000 in competition. increase in value in four months.

Agents 81

Agents Brokerage As-is MLS 81

Housing Wire

APRIL 8, 2022

With where prices were heading when mortgage rates were under 4%, we were looking at 35%-40% cumulative home-price growth in just three years. After writing the America is Back recovery model on HousingWire, I wrote an article on my blog about what it would take to crash home prices on April 10, 2020. months isn’t going to do that.

Marketing 395

Marketing Lending Short sale Equity 395

Realtor.com

DECEMBER 20, 2022

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. Last month, Federal Reserve Chair Jerome Powell said the COVID-19 pandemic market had been in a “housing bubble.” Sound familiar?

Marketing 113

Marketing Construction Investor New Construction 113

Windemere Selling

FEBRUARY 13, 2019

If you have a $300,000 mortgage, at a 4% fixed rate over 30 years, your monthly payment would be around $1,432.25. If you were to increase your monthly mortgage payment to $1,632.25 (a $200 a month increase), you would be saving $50,298 in interest, and you’ll pay off your mortgage 6 years and 3 months earlier.

Mortgages 52

Mortgages Principal Lending Investor 52

Toronto Realty Blog

AUGUST 4, 2020

If the explosive month of June, which saw the GTA average home price reach an all-time high, is any indication, the summer months in 2020 are going to replace the time we lost in the real estate market at the height of the pandemic. We have a slew of listings this month, and buyer activity is the busiest it’s been all year.

Sales 110

Sales Marketing As-is MLS 110

Redfin

AUGUST 30, 2022

4) The Boston Tea Party Museum. Boston Tourism Made Easy , a sightseeing blog, explains what makes the Boston Tea Party Museum so great. During the warmer months, Evan recommends checking out the Swan Boats, riding the carousel, and checking out the Frog Pond. ” 4) Visit Boston’s oldest restaurant.

As-is 62

As-is Land Marketing Residential 62

GeekEstate

SEPTEMBER 29, 2020

Brokerages who defaulted to such enterprise video collaboration tools to connect clients to open houses or private showings are now, only a few months after their initial trials, realizing they are not suited to Real Estate. The post 5 Clients Showing Ways to Win in our COVID-19 era appeared first on GeekEstate Blog.

Brokerage 116

Brokerage Pre-qualification Agents Branding 116

Calculated Risk Real Estate

NOVEMBER 8, 2023

And I track inventory and sales for 40+ local markets each month. Several years later, in early 2012, when many people were still bearish on housing, the plunge in inventory in 2011 (blue arrow on graph below) helped me call the bottom for house prices in early 2012 (see The Housing Bottom is Here ). months in September 2023.

Lending 122

Lending Sales Construction Mortgages 122

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

HomeLight

DECEMBER 2, 2022

With Simple Sale, you can get an all-cash offer within five days and sell your home in as little as 10 days, skipping the months it can take to sell the traditional way. HomeLight was founded in 2012 and is BBB accredited and A-rated, with a customer review rating of 4 stars out of 5. Individual investor fees may vary.

Purchase and sale agreement 92

Purchase and sale agreement Closing costs Closing Investor 92

Toronto Realty Blog

JANUARY 4, 2021

As I wrote in my year-end blog, my wife and I had consulted with our family doctor and resident COVID expert to put together a plan enabling us to see my mother over the holidays, and thus I haven’t been “out there” in eighteen days. This is, historically, one of the slowest months of the year, every year, without fail.

Sales 126

Sales As-is Marketing Closing 126

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. ” Yeah.

Construction 71

Construction Pre-approval Purchase and sale agreement Development 71

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. Many times, these projects are effectively canceled by somebody else… – 4) Bankruptcy. Economic viability.

Construction 72

Construction Bankruptcy Pre-approval Purchase and sale agreement 72

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!” According to data from 2021 , a median two-bedroom apartment commands about $1,300 per month, but there, too, the figures don’t tell an accurate story.

Construction 94

Construction Staging Land Sales 94

Toronto Realty Blog

MARCH 9, 2022

KM per month. I could use those months to play catch-up. Many are agent websites, some are property management companies, and interestingly enough, the now-defunct Urbancorp still has an active website with their floor plans dating back to 2012. To my running friends on TRB, let me say: I’m well, well behind schedule.

Marketing 99

Marketing MLS Agents Sales 99

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! 4) Real Estate Commissions. 4) Foreign Ownership. 4) Foreign Ownership. 4) Rental Market. 4) The 2017 Market. 4) The Inner Workings Of The Real Estate Transaction. 1) The Market.

Purchase and sale agreement 83

Purchase and sale agreement As-is Marketing Banks 83

Toronto Realty Blog

JANUARY 9, 2023

Looking back on it, I suppose I didn’t “need” to write a thousand words or more about my holiday break in Thursday’s blog post, thereby extending the length of the blog and only allowing us to examine two of the ten discussion points for 2023. Leave politics out of your blog.” TorontoRealtyBlog.

Land 84

Land Development Pre-approval Banks 84

Toronto Realty Blog

SEPTEMBER 14, 2020

Our market is an epic playset of the early-1990’s “ Domino Rally ,” and some of the playsets will simply contain dominoes that get knocked down for good, whereas some will complete the loop-de-loop, and some will launch a rocket… 4) Have the condo market and the freehold market in the 416 finally decoupled?

Marketing 53

Marketing Staging Brokerage MLS 53

Toronto Realty Blog

FEBRUARY 7, 2022

The average home price in Toronto in December of last year was $1,157,849, which was the second-highest of all time, trailing only the previous month, November, which was $1,163,323. in a single month. in a single month, so don’t take this blog post as any sort of grandstanding. There was simply no need.

Sales 101

Sales Marketing As-is Closing 101

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. How many times have we seen a team go 19-4 in the pre-season, only to go 60-102 in the regular season? I opened the TRREB stats last month to find a figure that was both surprising and unsurprising at the same time.

Sales 93

Sales As-is Marketing Technology 93

Toronto Realty Blog

JANUARY 1, 2022

Well, maybe Thursday’s blog was a mouthful. All that time off over the holidays without an outlet for my thoughts – both about real estate, and not, and you had to know that the first blog back in January would be lengthy. It’s blogs like these that often make me feel guilty of being unoriginal, however.

Construction 101

Construction Investor Equity Land 101

Norada Real Estate

FEBRUARY 4, 2021

Since 2012, Houston's home values (middle price tier of homes) have appreciated from $117,000 to $199,976, according to Zillow’s Home Value Index. During the latest twelve months, the Houston appreciation rate was nearly 2.61%, and in the latest quarter, the appreciation rate was 1.33%, which annualizes to a rate of 5.45%.

Days on market 98

Days on market Land As-is Marketing 98

Norada Real Estate

FEBRUARY 3, 2021

This ratio is ten points higher than it was before the Great Recession of 2007-2012. Average Rental Property Income: $1,259/month. Rental rates in Pioneer Park are around 1300 dollars a month. Average Rental Property Income: $1,100/month. That makes investing in Las Vegas rentals a great choice for real estate investors.

Investor 66

Investor Industrial As-is Commercial 66

HomeLight

MARCH 21, 2022

American Homes 4 Rent , serving metropolitan areas in 12 states including Arizona, Colorado, North Carolina, and Tennessee. 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. Example iBuyer companies: Opendoor.

Closing costs 103

Closing costs Home sale contingency Investor Closing 103

App Folio

APRIL 22, 2020

And since November of 2012, I’ve been operating D2 Demand. And, in fact, we’ve talked about, blogged about, and even had a webinar, where we use the analogy of the economy as a set of pipes through which water, the metaphorical money, flows. Maybe a few longer, a few shorter, but most of them are on 12-month leases.

Property Management 59

Property Management As-is Marketing Industrial 59

HomeLight

FEBRUARY 27, 2021

According to a 2012 crime report by the Center for American Progress, an independent, nonpartisan policy institute, a reduction of one homicide in one year in a zip code results in a 1.5% miles of a registered sex offender decline in value by 4%, according to the American Economic Review. The same report indicates there were 1.2

Due diligence 66

Due diligence Pre-approval As-is Development 66