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Where In The World Are Those Rate Cuts?

Toronto Realty Blog

I closed on my current home in August of 2018 and at the time I had a variable rate. But the funny thing about variable versus fixed rates is that they can fluctuate and the gap between them can expand or contract. So in late 2019, I decided to lock into a 5-year-fixed rate of 2.59%. Where In The World Are Those Rate Cuts?

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2023 Luxury Outlook Report Explores the Resurgence of Cash Buyers, Real Estate in the Metaverse, and How Real Estate is Still King for Passing Wealth Between Generations

Sotheby's International Real Estate

We are pleased to launch the brand’s exclusive 2023 Luxury Outlook report, an in-depth exploration into high-end real estate markets across the globe.

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Top Ten: Discussion Points For The Fall Market!

Toronto Realty Blog

TorontoRealtyBlog. What’s the difference between a 7-day vacation and a 14-day vacation? About seven days! But seriously, what’s the difference? The first one is too short and the second one is too long. On the seventh day, when everybody around us was looking sad, preparing to head home, we were absolutely elated to be staying!

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“Gifting” For A Down Payment

Toronto Realty Blog

I was in the car with clients today and one of them asked, “Do you think the end of quantitative easing by the government is going to have an effect on the market?” The idea that higher interest rates will lead to lower housing prices is exactly that: an idea. TorontoRealtyBlog. Except that it won’t.

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Are We In A “Rental Housing Crisis”?

Toronto Realty Blog

But would it surprise you to know that it was a story in other places of the world? TorontoRealtyBlog On Thursday, I couldn’t help but note a lot of stories about Canada’s population growth. Scratch that. Canada’s record population growth. Did you notice too? Or was it just me? Many people don’t “do the news.”

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Is The “Assumable Mortgage” Ready For A Comeback?

Toronto Realty Blog

March 21st, 2006, Twitter CEO Jack Dorsey sent out this Tweet: Somewhat unspectacular, wouldn’t you say? But nearly fourteen years later, in December of 2020, Jack Dorsey created a Non-Fungible Token (NFT) out of this Tweet, which was his first ever on the platform. What the hell does that actually mean? Read the article HERE. 30,744 USD.

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Mortgage Market: Tighten Or Loosen?

Toronto Realty Blog

As I write this blog post on Thursday afternoon, I have thirteen offers on a listing for a piece of land that has a dilapidated house on it. Real estate auctions, bidding wars, letters to sellers, “blind bidding,” the mortgage stress test, and interest rates are just a few of the topics that have been explored over and over.