Toronto Realty Blog

OCTOBER 17, 2022

Hard to fathom that the last time we looked at these rental statistics, summer was just underway… In a similar fashion, every time I go to the dentist, without fail, I remain amazed by the concept of my next visit. ” When I sit down to go over the downtown Toronto rental stats, my mind runs through the exact same exercise.

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Toronto Realty Blog

APRIL 20, 2022

Last fall must have flown by because I realize now that I missed my quarterly installment of this blog theme! So before looking at how the rental market has performed thus far in 2022, let’s look at how last year finished. But that’s not actually the depressing part. Ah, I don’t blame her.

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Toronto Realty Blog

SEPTEMBER 18, 2023

But how many of you have heard of the Hatfields & McCoys? TorontoRealtyBlog The Montagues and the Capulets did not like each other. In fact, if we’re being completely honest, we could use the word “hate.” Nonetheless, Romeo & Juliet is still fiction. I’m sure you’ve all head of Romeo & Juliet.

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Agents Residential As-is Mortgages 84

Toronto Realty Blog

APRIL 27, 2022

Seriously, only a sprinkle of comments on Monday’s blog post? The news cycle in real estate is an interesting one. The news cycle in real estate is an interesting one. Here’s one such email from a regular reader: So I checked out your video on Regent Park. Good stuff, liked all the history bits too. Or last few months even.

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Toronto Realty Blog

DECEMBER 8, 2020

What does it say that I dedicated Monday’s post to discussing the whole 416 market, the GTA, different market segments, sales, inventory, and listings, and when it comes to condos , I’ve set aside an entire post on Wednesday? It was as crazy a condo market I’ve ever worked in. since October, and 11.4%

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Toronto Realty Blog

OCTOBER 23, 2023

But I would like to introduce the concept of “freedom” as we delve into the debate about how and if the prevalence of AirBnB rentals is exacerbating the housing crisis in Canada. How we allowed this to happen, I can’t figure out. ” Is this going to be a lecture on libertarianism? Freedom of choice.

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Residential Commercial Bankruptcy As-is 87

Toronto Realty Blog

AUGUST 26, 2020

Open Microsoft Excel and start entering data… I currently have nine condo listings scheduled to hit the market in September, and I’ve told all the sellers that the market is somewhat mixed. So whether the market conditions are good, fair, or poor, we expect to out-perform the market. TorontoRealtyBlog.

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Marketing Sales As-is Staging 85

Toronto Realty Blog

JUNE 9, 2021

Here’s an interesting proposition for you… There’s a downtown condominium that has a suspect history, but which now has a clean bill of health. The sale prices in this building have been significantly impacted as a result of the “stigma,” but the rental prices have not. Established prices? ” Yes.

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Marketing As-is Closing Investor 93

Toronto Realty Blog

JANUARY 27, 2021

Monday’s blog post was somewhat eye-opening, right? Blog reader, hoob tells a story about helping a friend move to downtown Tillsonburg in the year 2000. Blog reader, Joel says he’s originally from Tillsonburg and his family still lives there. But how does the rest of Canada look? Fraser Valley.

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Toronto Realty Blog

APRIL 22, 2024

Two weeks ago, I wrote a blog post about the new Freed Residences, where studio condos were being pre-sold for upwards of $2,300 per square foot. Affordability has never been worse in our market, and first-time buyers might be the ones most affected. But the irony is: that experience is eventually going to come full circle.

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Toronto Realty Blog

OCTOBER 10, 2023

Picture a 21-year-old who just finished business school and read a couple of books on real estate, none of which have anything to do with the Toronto market. One of these books says that it’s a “good idea” to look for properties that have been foreclosed on and can be bought for 50% of fair market value.

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Purchase and sale agreement Sales Due diligence Title 75

Toronto Realty Blog

DECEMBER 10, 2021

” I mean… – On another note, I literally don’t know how somebody can be this stupid: – Okay, okay, enough jokes. How about something serious, like maybe a look back at “Mortgage Comments” on MLS listings in the 1990’s? TorontoRealtyBlog. The best I’ve seen in a long, long time.

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MLS Staging Mortgages Agents 88

Toronto Realty Blog

AUGUST 4, 2020

This is going to be the busiest August on record in the Toronto real estate market, you can mark my words. TorontoRealtyBlog. What does it say when the “long weekend” feels a bit too long? Too much family time? Is there such a thing? Too much drinking alcohol and eating barbecue? Yeah, maybe. I just can’t do it.

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Sales Marketing As-is MLS 110

Toronto Realty Blog

SEPTEMBER 2, 2020

I don’t like the American response to COVID, and how some players are choosing to ignore social distancing while blatantly thumbing their nose at the concept, often for political purposes. My buddy says I’m a “team-jumper,” but it’s just sort of how it worked out. TorontoRealtyBlog. Are you ready?

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Development As-is Title Closing 59

Toronto Realty Blog

JUNE 17, 2022

There are a few ways that I could start today’s blog. We’ve talked in the past about the rights of tenants in the province of Ontario and how overbearing those rights are. If there were no landlords, there would be a lot less rental housing. Let me connect the dots and you’ll see why and how.

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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. 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 just got to my desk.

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Agents Title search As-is Closing 79

Toronto Realty Blog

MAY 13, 2022

But my client’s property manager was the most hands-on, well-connected, problem-solving manager I had ever met, and my client’s return on investment with his AirBnB rentals was a direct result of his property manager. TorontoRealtyBlog. AirBnB is just as amazing as it is awful. His returns were through the roof, he said.

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Property Management Commercial As-is Agents 66

Toronto Realty Blog

NOVEMBER 9, 2022

The Toronto Realty Blog logo used to say, “By David Fleming” underneath, but we removed that years ago. Sometimes it feels like I do. And to be fair, some of the regular readers have paid me compliments to this effect in the past, suggesting that this is an unparalleled free source for real estate insights.

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As-is Residential Agents Marketing 81

Toronto Realty Blog

AUGUST 10, 2022

I’m not gonna lie; I was thinking about today’s blog topic when I woke up this morning. If I asked you right now, “Name three songs that feature whistling,” which are the first three that would come to mind? I believe I came up with the title while I was brushing my teeth. Patience , by Guns N Roses. I was eight !

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Inspection Agents MLS Sales 76

Toronto Realty Blog

OCTOBER 7, 2020

I mean, how do you all avoid the water flushing up your noise and wetting your brain? One thing I can honestly say that I do not remember is exactly how long I stood on the edge before I finally stepped off and jumped. TorontoRealtyBlog. When my mother used to tell me that, “I’d laugh.” Yes, I’m that guy.

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Sales Marketing As-is Closing 53

Toronto Realty Blog

DECEMBER 19, 2023

We all know how that goes. 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.

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Pre-approval Construction Development Agents 82

Toronto Realty Blog

DECEMBER 14, 2022

I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. Believe it or not, this is the eighth year I’ve been working with this format; the top five blogs followed by the top five posts. 4) Prices Outside The City Of Toronto.

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Development Purchase and sale agreement As-is Marketing 81

Toronto Realty Blog

SEPTEMBER 7, 2023

Tuesday was a fairly busy day for the market! Checking out my MLS home page, I see over 100 new listings in C01 and C08, aka “downtown,” but still only 14 new listings in C09, C10, and C11, by comparison. The TRB readers had some great responses to that blog post, and some of them didn’t pull any punches!

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Marketing Land Development Banks 80

Toronto Realty Blog

JULY 14, 2022

I turned down not one, but two offers to lease on a rental listing where the tenants were both offering all twelve months of rent up front! How can I sum all this up succinctly and have it make sense? On Tuesday, I wrote about a few “stories from the trenches,” which stemmed from a rental listing I had last week.

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Marketing Agents Due diligence As-is 79

Toronto Realty Blog

DECEMBER 15, 2021

Looking back at previous iterations of this feature, my stomach churns a little as I remember each topic vividly. And with each of these topics, I could pick one and literally tell you how my senses felt… 2015: Urbancorp “stealing” their condos back. 4) Refusal To Accept Market Reality. 3) The Rental Market.

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Toronto Realty Blog

SEPTEMBER 7, 2021

Yeah, but that’s now my point – my point is that COVID affects everything, no matter how big or how small. When I look back at how COVID has affected the Toronto real estate market over the past eighteen months, I’m amazed. Do those even exist in Toronto right now? Nothing is the same.

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Toronto Realty Blog

SEPTEMBER 1, 2021

Ah, I think about here… …Judy was scheduled for surgery the very next day! “Didn’t you have this surgery already?” ” I asked her. But it seems it was pushed back a couple of months, and just our luck, it was the day after this listing came out. This timing couldn’t possibly be any worse.

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Agents Banks As-is MLS 61

Toronto Realty Blog

JANUARY 23, 2023

TorontoRealtyBlog Remember when the market was red-hot, there were 15-20 offers on every listing with an “offer date,” and listing agents got fed up with buyer agents calling and asking about the price expectations? Do a comparative market analysis. We started to see listing agents put disclaimers in their listings.

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Toronto Realty Blog

MAY 31, 2023

The son was 19-years-old and thought it was the coolest place he’d ever seen, and the father was from outside the GTA and hadn’t seen much by the way of condos in the downtown core. I received a call from an older gentleman who had seen me in a CBC documentary called “ The Condo Game. The son had money, you see.

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Fixed-rate mortgage Principal Investor Mortgages 14

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.

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Construction Investor Equity Land 100

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! 1) The Market. 1) The Market. 4) Rental Market. 4) The 2017 Market. 3) The Rental Market. 1) The Future Of The City Of Toronto. Cards and envelopes!

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Purchase and sale agreement As-is Marketing Banks 83

Toronto Realty Blog

JANUARY 6, 2021

– 4) What is going to happen in the downtown condo market? I was on CTV Your Morning last Thursday to discuss the 2021 real estate market, and it’s never easy to get meaningful points across, over five or six questions, in a mere four minutes. However, the condo market got hit. “ Rough ride.”

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Toronto Realty Blog

OCTOBER 27, 2021

I told Tara, “Explain to the tenant’s agent how impressed the landlords were with her resume, and that she ‘beat’ tenants offering a full year’s rent up front. The rental market is quiet but that doesn’t mean it’s cold. Which candidate do you think our landlord-clients chose?

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Marketing Investor As-is Agents 77

Toronto Realty Blog

JANUARY 11, 2023

But when it comes to the vacant home tax, I haven’t personally heard from anybody that likes the idea of the tax to begin with, the implementation, and the way the city of Toronto rolled it out. If I get fined, I’ll post a copy here on Toronto Realty Blog for all to see. Call me or the other readers/commenters out.

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Toronto Realty Blog

JUNE 7, 2021

Would you read the Toronto Real Estate Board’s press releases? Would you read some random real estate agent’s biased blog? I suppose I had never really thought about how a completely novice, uninformed individual would start to educate him or herself, and where they would turn. It makes no sense. Absolutely none.

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Sales Marketing As-is Agents 96

Toronto Realty Blog

NOVEMBER 9, 2020

Let’s start a thread in the comments section for “How Long Have You Been On TRB?” ” I would love to hear from you guys, if for no other reason than to know how much we’ve grown together over the years. How about the regulars? Why am I wondering how long people have been around? But they did.

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Toronto Realty Blog

MARCH 2, 2022

2) Just how rampant financial fraud is in 2022. 2) Just how rampant financial fraud is in 2022. Just listen… When we find ourselves in red hot sellers’ markets, it necessitates buyers needing to do everything possible to improve their chances of success on an “offer night” for a property with multiple offers.

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