Toronto Realty Blog

NOVEMBER 4, 2024

But as I write this blog post (over the weekend), I can only guess as to how October sales will look. In my monthly “TRREB Stats” blog post, I always examine three essential statistics in our real estate market: price, sales, and new listings. That , in my opinion, is the number-one reason why sales are slow right now.

Sales

Redfin

JULY 18, 2025

Whether you’re looking at homes for sale in San Francisco , or touring houses in Portland , knowing what to prioritize will help you make smarter decisions and avoid common pitfalls. These house hunting tips are designed to keep your search focused, realistic, and ultimately successful.

Pre-approval

Marco Santarelli

JANUARY 22, 2025

Its designed by Choeff Levy Fischman Architecture + Design, built by Robert W. Burrage of RWB Construction Management, and designed by Marc-Michaels Interior Design. Interest Rates: Fluctuating interest rates definitely influence affordability and, subsequently, home sales activity. Happy house hunting!

New Construction

Marco Santarelli

MARCH 22, 2025

The National Association of Realtors (NAR) has adjusted its housing market forecast for 2025 , now anticipating existing-home sales to reach 4.3 NAR Cuts 2025 Housing Market Forecast: Home Sales to Hit 4.3 Back in late 2024, NAR was pretty confident, forecasting existing-home sales to hit 4.9 million in 2025. So what happened?

Sales

Marco Santarelli

AUGUST 5, 2025

Rising Inventory: A major reason is a jump in the number of homes for sale, what we call inventory. Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage. Discover high-quality, ready-to-rent properties designed to deliver consistent returns. Don't waive inspections!:

Marketing

Marco Santarelli

MARCH 27, 2025

As Berner points out, mortgage rates in the high-6% and low-7% range have slowed home sales compared to last year. Realtor.com economists are forecasting more home sales this year compared to 2024. Increased Inventory: One of the biggest constraints on the market has been the lack of homes for sale.

Mortgages

Keller Williams

MAY 27, 2025

In partnership with Kaplan Real Estate Education, Keller Williams real estate training and scholarship program provides students with a state-approved, 100% digital pre-licensing curriculum, as well as the real-world know-how to launch a successful real estate career. Courses are self-paced, so you can work on your schedule.

Pre-approval

Redfin

MARCH 4, 2025

Step 1: Get pre-approved If you’re buying with a loan, include a pre-approval letter with your offer. A mortgage pre-approval can also reassure the letter that your financing is likely to be approved during closing. In a competitive situation, you can ask to do a pre-inspection of the home.

Pre-approval

Marco Santarelli

JUNE 19, 2025

Data is showing that home sales are down and prices are following. After years of intense competition and sky-high prices, the Bay Area housing market cools as sales plummet , offering a glimmer of hope for potential buyers who have been sidelined. existing single-family home sales totaled 254,190 in May, down 5.1%

Sales

BAM Media

JULY 16, 2025

In a July 15 announcement , Zillow unveiled five new consumer-facing features designed to simplify everything from affordability calculations to home tour scheduling. It’s available on for-sale listings. And estimates are based on Zestimates, local market data, and recent sales.

Pre-qualification

Redfin

JUNE 27, 2025

Not getting pre-approved for a home loan before starting your search A common mistake for first-time homebuyers is jumping into the search without first getting pre-approved for a mortgage. A credit score of 500 is typically needed for mortgage approval. What financial requirements are necessary?

Pre-approval

Marco Santarelli

MAY 24, 2025

We saw a brief spark of hope in spring (around March of the previous year from the report's perspective, so March 2024) when lower mortgage rates led to a jump in pending sales about 12% more than the year before. When there are more homes for sale than buyers, prices tend to drop. A pre-approval for a mortgage is a must.

Marketing

Marco Santarelli

MARCH 20, 2025

Limited inventory: When there are fewer homes for sale than buyers wanting to buy, demand increases, and homes sell faster. As per reports, the East Coast markets have not yet recovered to pre-pandemic levels, which keeps the market pace snappy. Discover high-quality, ready-to-rent properties designed to deliver consistent returns.

Pre-approval

Marco Santarelli

MAY 21, 2025

They're predicting that existing home sales will actually increase a bit in 2025, but home values are likely to fall by 1.4% We're seeing more homes for sale, partly because sales have been a bit soft this spring. So, for 2025, they're looking at existing home sales hitting around 4.12 housing market overall.

Marketing

Marco Santarelli

FEBRUARY 28, 2025

Faster Sales: Homes may sell more quickly, so be prepared to act fast if you find a property you like. Here's my take on how this might impact buyers and sellers in San Diego: For Buyers: Be Prepared: Get pre-approved for a mortgage, have your finances in order, and be ready to make a competitive offer.

Marketing

Marco Santarelli

JANUARY 7, 2025

Austin, Orlando and Jacksonville are especially expected to see a huge boom in the for-sale market. You may want to get pre-approved for a loan and consider working with an experienced agent who understands the local market dynamics. Be prepared for a potentially fast-paced process and get ready to act quickly.

Marketing

Redfin

JULY 30, 2025

Knowing your true budget means going beyond just what a lender will approve you for. Get pre-approved for a mortgage and have cash ready One of the biggest signals to sellers that you’re serious is a mortgage pre-approval letter. Why pre-approval matters: It gives sellers confidence in your ability to close.

Earnest money deposit

Marco Santarelli

AUGUST 1, 2025

Rising Inventory: A major reason is a jump in the number of homes for sale, what we call inventory. Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage. Discover high-quality, ready-to-rent properties designed to deliver consistent returns. Don't waive inspections!:

Marketing

Marco Santarelli

JULY 25, 2025

Rising Inventory: A major reason is a jump in the number of homes for sale, what we call inventory. Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage. Discover high-quality, ready-to-rent properties designed to deliver consistent returns. Don't waive inspections!:

Marketing

Redfin

JULY 14, 2025

It’s designed to show the seller they’re serious about the purchase and typically ranges from 1% to 3% of the purchase price. Failing to deliver required documents (like updated proof of funds or loan pre-approval) by the contract deadlines. These include financing, home inspection, and appraisal contingencies.

Earnest money deposit

The Close

NOVEMBER 12, 2024

This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale. Zoning & Potential Zoning Issues Every piece of land has a zoning designation specifying how to use the property. Let’s get into it!

Land

Redfin

MARCH 5, 2025

A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. Explore government and first-time homebuyer programs Various government programs are designed to assist individuals in purchasing affordable homes. The 28/36 rule is a common mortgage budgeting guideline.

Debt-to-income ratio

Lab Coat Agents

MARCH 31, 2025

Customize your message with our pre-designed templates or upload your own design. Choose Your Design Pick from pre-built templates like: Home Value Mailer (great for seller leads). Upload your own design or use a Canva template to customize it. Approve the design and place your order.

Pre-approval

Redfin

AUGUST 5, 2025

In others, you can only choose between preselected features or designs. It may be easier to find an existing home for sale in a neighborhood you want to live in. Pre-qualify for a loan Unless you plan to pay with all cash, you’ll need to pre-qualify for a loan before buying land. How important is location to you?

Pre-qualification

Marco Santarelli

MAY 12, 2025

This isn't just wishful thinking; it's backed by data showing a broader market “normalization” across the Sunshine State, with more homes for sale and a gentle easing of those sky-high prices. Inventory Growing: With more homes being listed, the total number of homes for sale (active inventory) is also up. months supply.

Marketing

Redfin

AUGUST 4, 2025

An open house is designed to generate interest and increase visibility for your home. Know your priorities: Consider what matters most to you, whether that is a higher sale price, fewer contingencies, or a flexible closing date. Serious buyers often attend with pre-approval and are ready to move quickly.

Pre-approval

Marco Santarelli

AUGUST 2, 2025

Rising Inventory: A major reason is a jump in the number of homes for sale, what we call inventory. Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage. Discover high-quality, ready-to-rent properties designed to deliver consistent returns. Don't waive inspections!:

Marketing

Redfin

JULY 31, 2025

If you’re unsure where to start, check with HUD-approved counseling agencies, non-profit organizations, and local housing authorities to find available courses. to 1% of the loan amount Escrow fees: 1% of the home sale price Recording fees: $125 Property taxes: Varies Homeowner’s insurance premiums: Varies 6.

Purchase and sale agreement

Redfin

JULY 31, 2025

Even if you can afford the payments, adding new debt may reduce your loan approval or lead to higher interest rates. >>Discover: How to Get Pre-Approved for a Mortgage: 7 Steps for Success 7. down and designed for buyers with lower credit scores. FHA Loan: Require only 3.5%

VA loan

HomeLight

MAY 12, 2025

Well also share tips from local real estate pro Sheila Norman designed to help you boost your propertys value while attracting faster offers. Sell Your House Fast in Shreveport With a Cash Offer Get an all-cash, no-obligation offer through HomeLights Simple Sale platform whenever youre ready. Available to sellers throughout Shreveport.

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

For example, if you use a bank for your loan you may already have a pre-existing relationship with them and they sometimes offer very competitive interest rates. Have you tried calling a bank on a Saturday night to get a pre-approval letter? (585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P.

Finance

Marco Santarelli

DECEMBER 5, 2024

While there might be some slight improvements in the housing market, including a larger supply of homes for sale, the elevated mortgage rate environment will likely persist. The supply of homes for sale is expected to increase, reaching levels last seen before the COVID-19 pandemic. Buyers: Begin planning your finances now.

Mortgages

Redfin

APRIL 11, 2025

But the national average and the cost of houses for sale in your area can look drastically different. Getting pre-approved for a mortgage will help you understand what you can afford. USDA loans: Designed for purchasing homes in rural areas. Los Angeles, CA $201,693 $610,000 $93,072 0.0%

Marketing

Marco Santarelli

FEBRUARY 17, 2025

Faster Sales: Homes are likely to sell quickly, so you need to be prepared to act fast. Tips for Buyers in a Hot Market: Get Pre-Approved: Knowing exactly how much you can afford is crucial. Faster Sales: You can expect to sell your home quickly, often within days or weeks. You're sitting pretty.

Marketing

The Mortgage Report

JULY 22, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? Even if the lender approves the assumption, the co-borrower may still need to agree in writing. Things to consider: You’ll need everyone on the title to agree to the sale.

FHA 203k rehab loan

Marco Santarelli

JUNE 19, 2025

The California housing market continues to face headwinds in 2025, experiencing a slowdown marked by declining sales and prices in May. California Housing Market Faces Major Downturn Amid Economic Concerns A Rollercoaster Ride: Where Are Home Sales and Prices Heading? Here is the summary: Home Sales: Down 5.1% That's down 5.1

Marketing

Marco Santarelli

MARCH 22, 2025

Metric Q1 Performance Homes Delivered 17,834 New Orders 18,355 Average Sales Price (after incentives) $408,000 (-1% YoY) While the number of homes delivered and new orders remained relatively strong, the key takeaway is the decline in average sales price. Is it Time to Panic? No, but it is time to be cautious and realistic.

Marketing