Toronto Realty Blog

DECEMBER 6, 2023

This month, the Toronto average home price declined 3.9% , month-over-month, to take us essentially back to August’s price: I’m leaving 2021 data in there for one more month! the fall of 2022, or if you want to go “pre-peak,” then the summer of 2021.

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Sales As-is Marketing MLS 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.

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Purchase and sale agreement Finance Closing Brokerage 77

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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Sales Marketing As-is Agents 72

Toronto Realty Blog

JULY 26, 2021

In last Wednesday’s blog, we looked at Addy and BuyProperly , two sites that have effectively securitized houses and condos so that people can buy “shares” for as little as $1 through Addy or invest in fractional ownership for a minimum of $2,500 through BuyProperly. What about Key Living ? Have you heard of it?

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Equity As-is Design Land 103

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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Marketing Land Sales As-is 83

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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Marketing As-is Agents Land 94

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. Twenty percent of all members get 1-5% of their business from social media, and 10% get 6-10%.

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Agents Closing Design As-is 98

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?

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Development As-is MLS Land 80

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

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.

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Closing costs Development Land Investor 142

McKissock

APRIL 6, 2021

Join us for this upcoming Pro-Series webinar (FREE for Unlimited Learning Members ) on Wednesday, April 21, 2021 from 11am–12pm ET. Join us for this upcoming Pro-Series webinar (FREE for Unlimited Learning Members ) on Wednesday, April 28, 2021 from 11am–12pm ET. Blog post: 7 Best Time-Saving Hacks for Appraisers. Sign up now.

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Technology As-is 54

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

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?

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Marketing Construction Investor New Construction 113

McKissock

NOVEMBER 5, 2021

DS News reports that t he October 2021 Home Data Index Market Report (HDI) by Clear Capital “shows that the average American home increased in value by 5.3% ” The largest home price growth was seen in the South (6%), followed by the West (5.8%), the Midwest (4.8%), and the Northest (3.9%). over last quarter.”

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Residential Industrial Equity Construction 73

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.

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Commercial Technology Residential Design 54

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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Toronto Realty Blog

FEBRUARY 3, 2021

I’ll be honest here: I had originally selected a different photo for today’s blog. As I write this blog on Tuesday afternoon, I’m currently involved in a 31-offer melee on 10 Fennings Street in Queen West. As Monday’s blog post detailed, the Toronto condo market is on fire. TorontoRealtyBlog.

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Marketing As-is Agents Sales 122

GeekEstate

JANUARY 4, 2021

At the beginning of this month, my team and I at TheHouseMonk launched the Global Coliving Report 2020. It was the culmination of several months of research within the coliving industry around the world, and us trying to understand how the industry dealt with this impact. The industry which was estimated to be worth $7.5B

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Staging Industrial Finance 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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Agents Branding Technology Marketing 98

Toronto Realty Blog

JUNE 9, 2021

Now let’s say that a comparable unit across the street in a different building, without that poor track record, costs $525,000 but also rents for $1,650 per month. When we left off in March, we were coming off a month of February that saw a decrease in new lease listings from 2020. I understand risk tolerance, believe me.

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Marketing As-is Closing Investor 93

GeekEstate

JANUARY 13, 2021

We interviewed Justin Fichelson from Avenue 8 in the second real estate tech entrepreneur interview of 2021. We’re really looking forward to expanding our footprint over the next 6 months! The post Meet The Real Estate Tech Entrepreneur: Justin Fichelson from Avenue 8 appeared first on GeekEstate Blog.

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Brokerage Design MLS Agents 93

Toronto Realty Blog

OCTOBER 5, 2020

But when you’re sitting there at 6:45pm with a 92% “chance to win,” according to Yahoo, you’d like to feel confident. But before we delve into that delectable dish of BS, a brief refresher, or two, is needed… Were you reading Toronto Realty Blog in 2014? TorontoRealtyBlog.

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Loans Construction Agents As-is 89

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. My right ankle just buckled.

Sales 85

Sales As-is Marketing Land 85

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. Knock Home Swap.

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Home sale contingency Sales Closing Short sale 107

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. decline takes us to $726,500 this past month.

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As-is Closing Marketing Sales 83

Toronto Realty Blog

JUNE 20, 2022

The ironic part is, this house was leased for $900 per month. Ben was looking at the real estate market in the fall of 2021 but just couldn’t get his act together fast enough. per month on a 25-year amortization. The property cost him $42,000. But of that $492.70 And how much was interest? Imagine that?

Principal 97

Principal Fixed-rate mortgage Pre-approval Mortgages 97

Lab Coat Agents

DECEMBER 31, 2020

Originally Featured On The Follow Up Boss Blog. Start a blog. I have had the best month in my four year real estate career so far in October. And 2021 is going to be an absolutely massive year for me.”. ” #6. Blogging – Best Way to Attract Quality Leads. Door knocking. But let’s be real.

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Agents As-is Marketing Sales 98

Toronto Realty Blog

SEPTEMBER 6, 2022

If I can get home to work out on a Tuesday or Thursday at 6:00pm just twice per week, I feel great not only that night, but the next morning as well. 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%? That’s a wake-up call!

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Marketing Banks Sales As-is 82

Toronto Realty Blog

APRIL 19, 2023

The thing about writing three blogs per week, going on seventeen years, is that when you have an idea for a post, you’ve got to sit down and write it. I didn’t realize it at the time, but it’s a blog-worthy story. And not just worthy but rather necessary. Some buyers move quickly. Others plan ahead. She laughed.

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Agents Title search As-is Closing 79

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

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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Pre-approval Inspection Purchase and sale agreement Due diligence 97

Toronto Realty Blog

NOVEMBER 7, 2022

We’re two months through the fall market which is essentially a compact, quick, 3-month cycle. Sure, real estate does sell in December, but as a seller you’re not targeting that month. In a fall market context, however, the decline in sales on a month-over-month basis was surprising. Interesting!

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Sales Marketing As-is Finance 73

Toronto Realty Blog

MARCH 10, 2023

Prices will level out a few months later—provided the Bank of Canada is done raising interest rates. ” Neutral: “Prices will level out a few months later.” to -6% in Alberta and -5% in Newfoundland and Labrador. .” We think activity will hit bottom sometime this spring. Sales have rebounded!”

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Title Banks Sales Construction 83

Housing Wire

APRIL 8, 2022

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. The velocity of inventory rising in the next three months is limited. Inventory collapsed in 2020, 2021 and 2022. months isn’t going to do that. However, for A.D.

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Marketing Lending Short sale Equity 395

GeekEstate

AUGUST 11, 2022

Last funding: Seed led by Hyperplane (November 2021). Traction: Increases of 10X revenue and 6X customers Year over Year (YOY), from May 1 2021 – May 1, 2022. Recognition as an industry innovator is part of the playbook as well, for instance taking home a 2022 HW Tech100 spot and a 2021 API World Award for API infrastructure.

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Renovation Staging Technology Design 118

Kyle Handy

MARCH 28, 2023

In this blog post, I’ll share 11 smart ways to find real estate leads on LinkedIn in 2023. LinkedIn’s total number of users as of early 2021 is 738 million. This doesn’t just apply to blog posts that you write. It’s easy to feel like you’re hitting a wall and not making progress.

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Title Branding Agents Sales 90