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So what houses are expensive, back in my day mortgages were 22%!

Thursday Jun 07th, 2018

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Yes, we've heard this before, whether it's from parents watching their kids struggle to put together enough money to buy a one bedroom condo, or the usual grumpy old guys calling into talk radio. "They should just work harder!" or "I was married and had a house and kids by 24, why can't these complainers get off their phones and figure it out?" are common phrases tossed around.   Readers over 35 are probably thinking that this is just another article... [read more]

I'm not in a rush to sell, why should I care about 'Days On Market'?

Friday Jun 01st, 2018

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We've heard and seen it all before; an agent proclaims that they will "net you the most amount of money in the shortest period of time!". Many sellers believe those two things to be mutually exclusive and push back with one simple line: "I don't want it sold fast, I want the best price, don't you understand?!"   Here's why we need to cover this topic, which is one of the most common objections sellers have when speaking with an agent, and... [read more]

I need to sell my Condo and there's 10 other units for sale, what should I do?

Wednesday May 30th, 2018

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If you own a condo and you've decided it's time to move on, especially in a larger high-rise, it's not uncommon to find that many of your neighbours have decided to do the same and have beat you to the punch.   Not to worry, this is typical given the traditional turnover of condos in the Greater Toronto Area, no matter when you decide to list, you'll always be facing competition for buyers for your unit.   So how to you solve this dilemma? Well the... [read more]

Which property types offer the best returns in Mississauga?

Monday May 28th, 2018

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One thing smart buyers are always asking themselves above "do I like this house?" is what kind of resale value can they expect on a potential property.   There are many factors that affect resale value, including upgrades, location etc. however for today's comparison we're just going to put property type up for scrutiny.   Whether a first time buyer or a seasoned investor, property type can have a big difference in return over a period of time and if you... [read more]

Toronto Rental Market Update May 2018

Friday May 25th, 2018

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In the previous post we touched briefly on the Toronto condo rental market. In this post we'll break down the numbers so that if you are thinking about leasing for the first time in Toronto, breaking your current lease for another, or are a landlord and are looking for information on what's happening out there, you've come to the right place. Current tenants and future tenants have likely already been experiencing a shift in the rental market with lower inventory than usual and... [read more]

The everyday question... how's the market?

Tuesday May 22nd, 2018

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Because of the massive diversity in property types and regions in the golden horseshoe we need to bring clarity to the conversation. If we just look at those two examples we have two wildly different answers.   Let's unpack the Mississauga detached first. Depending on the price point, size and location within the city the detached market in the 905 has taken a wild ride over the last 12 months. From record highs in April of 2017 to a soft start in 2018 buyers and sellers have... [read more]

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