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.

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Marketing As-is Sales Investor 75

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.

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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. It’s just the same property for the third time in less than a month.

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HomeLight

AUGUST 10, 2022

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. Tip #4: Make it mobile-friendly and easy to read. McGee says that’s a mistake.

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Title Staging Design Agents 107

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. I predicted we might see the figure top $1,200,000, but who thought we’d see another 4% on top? TorontoRealtyBlog. Hey, how are you?

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Sales As-is Banks Marketing 83

Toronto Realty Blog

DECEMBER 7, 2022

If the market isn’t crashing 30% per month, then it’s just not newsworthy enough! Let’s look at the last five months of the Toronto average home price: Stable, right? In this space last month, I wrote: Any home price over $1,080,000 would still point to that “stability,” in my opinion. We saw an 8.4%

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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.

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Sales As-is Marketing Agents 79

Toronto Realty Blog

JUNE 24, 2022

Before you read the following, ask yourself this simple question: “Will the areas outside the province of Ontario show a better or worse market that what we read about in Wednesday’s blog?” We also noted that, since December of 2021, twenty-four of the twenty-six areas have seen an increase in the HPI.

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As-is Marketing Investor Sales 79

First Team Real Estate

AUGUST 3, 2021

Good news: if you’re among the millions wondering ‘should I sell my house now or wait until later,’ then this blog might just be perfect timing. 2021 Is a Seller’s Market. In June of 2021, the national inventory of homes actively for sale had decreased 43.1% In fact, it has actually gotten worse. from June of 2020.

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Mortgages Sales Loans Marketing 111

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! Plus, destroying the country economically. We did that. We know that.

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Banks As-is Mortgages Marketing 86

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. hybrid/desktop appraisals).

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Commercial Technology Residential Design 54

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.

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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.

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Banks Sales Marketing MLS 69

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. The average incubation rate for online real estate leads is six to 24 months.

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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.

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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%.”

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As-is Marketing Sales Brokerage 83

The Residential Specialist

FEBRUARY 22, 2023

Carr wrote blog posts and downloadable guides based on what she learned, and results followed in short order. “We The McKenna team saw similar results after partnering with real estate digital marketing experts Union Street Media to revamp their website in the spring of 2021. Photo: iStock.com/iMrSquid/4×6/Rainer Lesniewski

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Toronto Realty Blog

JUNE 22, 2023

I pulled my right groin in December of 2021 when I was, for some reason, sprinting to try to beat my 5K time. Then a lady pushing a stroller walked up and I moved one step to my right to allow her to pass, but I stepped off the sidewalk and onto the grass, which was about 4-6 inches lower. decline would be more like 4%.

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Sales As-is Marketing Land 85

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%.

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Development Purchase and sale agreement Land As-is 87

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?

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Toronto Realty Blog

APRIL 24, 2023

Today, I have to think the “luxury” market starts at $3,000,000, and even then, some might have a hard time accepting a 4-bed, 5-bath house in Riverdale for $3,100,000 as anything even approaching “luxurious.” A few years ago, $2,000,000 was considered luxury. The same is true of March where we saw a 31.3%

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Marketing Sales As-is Design 72

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?

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Brokerage Agents Construction MLS 75

Toronto Realty Blog

APRIL 26, 2021

Wow, the first four months of the 2021 real estate calendar have flown by! And at the very same time, it seemed to last forever… Case in point: I went to look up a blog post that I wrote about a seller’s bully offer dilemma, thinking it was back in February, only to find it was on March 10th.

Pre-approval 101

Pre-approval Agents As-is Closing 101

GeekEstate

SEPTEMBER 29, 2021

The average property manager spends at least 4 hours per month to maintain each of their properties. billion in 2021 to $28.21 The post Meet The Real Estate Tech Entrepreneur: Bobby Varghese from Jervis Systems appeared first on GeekEstate Blog. What are you most excited about right now? billion in 2028.

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Property Management Technology As-is Marketing 80

Housing Wire

APRIL 15, 2022

According to the survey conducted in the third quarter of 2021, 69% of participants share these sentiments. By some accounts, housing inventory in America hit an all-time low in December 2021. Per Fannie Mae’s data, rent prices increased by 10% in 2021 alone and prices are expected to increase by 4% to 5% in 2022.

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Mortgages Sales As-is Marketing 383

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

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. Now that you have an idea of how iBuyers work, let’s review the top iBuyer companies of 2021, how they differ, and what to expect from working with each.

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Home sale contingency Sales Closing Short sale 108

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. – #4: Kitchener Waterloo Down 24.2%

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As-is Closing Marketing Sales 83

Toronto Realty Blog

SEPTEMBER 13, 2021

An old friend of mine emailed me last week with the following: Hey Dave – I was re-reading your multiple blog posts on the horrors and pitfalls of pre-con condo buying in Toronto. These blog posts are like bible verses that keep me from sinning. Google “The Capitol Condos” and look at the first 4-5 links.

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Construction Development Closing costs Sales 84

Toronto Realty Blog

NOVEMBER 8, 2021

But for myself, my wife, and my 5-year-old and 20-month-old, the experience was beautiful! But in 2021, the world seems to be (I can’t believe I’m saying this…) a better place. ” Have you ever seen a 20-month-old child run, full-speed, downhill? Actually, that’s not quite true. The dog stayed home.

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Sales MLS Marketing As-is 91

Toronto Realty Blog

JUNE 20, 2022

” But inflation dipped below 4% by 1983, and in the nearly four decades since then, debate has raged about the effectiveness of Paul Volcker’s drastic actions. The ironic part is, this house was leased for $900 per month. per month on a 25-year amortization. The property cost him $42,000. But of that $492.70

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Principal Fixed-rate mortgage Pre-approval Mortgages 97

RIS Media

FEBRUARY 7, 2021

Earlier this month, RISMedia announced the 2021 Real Estate Newsmakers and, for the fourth consecutive year, its 2021 Newsmakers Hall of Fame—a select group within RISMedia’s annual Newsmaker honorees, which celebrates icons in the industry for their long-standing and/or exemplary service. Lennox Scott. Scott Real Estate.

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Branding Industrial Residential Agents 98

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.

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Marketing Lending Short sale Equity 395

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. With a 2.59% mortgage rate, at the time, I really only needed to make a return of 4-5% on my money to justify not putting that money into the house (ie.

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Mortgages Fixed-rate mortgage Finance Equity 90

RIS Media

AUGUST 31, 2020

The first 200 registrants will receive a FREE welcome gift from Rocket Mortgage by Quicken Loans® and a FREE, 3-month Premium-level ACESocial account. who will be sharing what REALTORS® should be doing to succeed during the remainder of the year and into 2021. Special bulk ticketing is available for brokers. 17, 2020 from 11:00 a.m. –

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Residential Industrial Commercial Development 98

Toronto Realty Blog

JUNE 21, 2021

When it comes to monthly TRREB data, there’s always a stat or two that might not entirely line up with what I had experienced in the previous month, but for a major statistically-backed trend to come as a surprise is quite rare. If you want statistics for 2021, your standards are too high. How high? Happy Monday, folks!

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Pre-approval Construction MLS As-is 105

Toronto Realty Blog

JUNE 2, 2021

I’ve always strived to bring truth and transparency to Toronto Realty Blog, and while the readers and the general public have appreciated it for fourteen years, don’t ever underestimate the flak I take behind the scenes. May 31st, 2021. ” appeared first on Toronto Realty Blog. Are maintenance fees increasing?

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