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How Can An Increase In Taxes Mean An Increase In “Affordability?”

Toronto Realty Blog

It’s absolutely, positively insane that we are forced by our own government to fill out a form declaring that we live in our OWN home. TorontoRealtyBlog You know the saying, “Nothing in this world can be said to be certain, except death and taxes?” ” You’ve heard it. ” Who said it? Alright, sorry.

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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. month supply at the current sales pace. The pent-up demand drove the home prices up 8.1 houisng markets for the foreseeable future.

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Guest Blog: “Vacant Homes & Empty Minds”

Toronto Realty Blog

Last week, I offered my opinion on the new vacant home tax here in Toronto, but this is much, much better. “Vacant Homes & Empty Minds” Nothing to See Here. “Vacant Homes & Empty Minds” Nothing to See Here. At the start of 2022 Toronto introduced new municipal taxes on vacant homes (i.e.

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Austin Real Estate Market & Investment Overview 2020

Marco Santarelli

Austin housing market has been impacted by the pandemic which led to a decline in home sales due to critically low levels of housing inventory. After two months of sharp declines, home sales in the Austin-Round Rock MSA rebounded this June with a 9.3% increase year over year, which helped hold sales to only a 5.2%

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Los Angeles Real Estate Market & Investment Overview 2020

Marco Santarelli

Home sales dropped over the past couple of months but prices remain high. In June, we saw a rebound in home sales. In Metro Los Angeles, home prices rose $18,000 or 11.6% Jump in sales was 48%. All the six counties of southern California saw an increase in sales as compared to May.

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Chicago Real Estate Market 2020 Overview

Marco Santarelli

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. percent from July 2019 sales. The city of Chicago saw year-over-year home sales increase 0.6

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Nashville Real Estate Market Trends & Investment Outlook

Marco Santarelli

Despite the pandemic led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. High demand and low inventory are leading to the rise in home prices in Nashville at a fast pace. The median price for a residential single-family home was $349,000, and for a condominium, it was $245,000.

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