#REALESTATE Tag

Since the drastic rise in interest rates, people always ask me about the Real Estate market. The energy surrounding the question is one of concern. Gone are the days of double digit percentage growth and the never ending runaway Toronto Real Estate market.  Depending on when you purchased...

Read More

I like writing about the real estate market in Toronto.  However, it always seems the same to me, the only difference is I get a little older and the prices get a little higher.  Overall, the Toronto Real estate market has been steady and stable...

Read More

BIDDING WARS R Bidding Wars a thing of the past??? With our seatbelts firmly fastened for the crazy Toronto Real S. Taitt market, the first quarter is proving to be quite the roller coaster ride. Minimal supply and high demand are the main ingredients for buyers, as...

Read More

There’s been a huge buzz this week! CP24 used my sign in one of their articles which is on point with the current real estate climate. Over the course of my career I have been and sold houses which were record high at the time prices...

Read More

In 2019, I was super stoked about what 2020 had to bring. I intended to see things more clearly and have a better vision for the future and then Covid-19 hit. It has been an interesting two years.  I believe this pandemic created a pause...

Read More

The question I get asked most often is, how is the market?  Depending on when you ask me, the answer may always be different.  The market in Toronto is ever changing and will have peaks and valleys within the calendar year.  Timing, as with all investments, is everything.  When I think back on all of the highs and lows in the market they have been driven by

When I think about the Toronto Real Estate market, it has been nothing short of breathtaking.  Over the last 20 years working at REMAX HALLMARK, I’ve seen price growth and lending rate declines in each year.  Now I hear rumours about affordability and impossibility.  The overall high value of Real S. Taitt in Toronto has created somewhat of an urban sprawl across Ontario, and has created price surges in all home types in most cities.  Low interest rates, affordability, and the Covid work at home policy are the main drivers for this shift.

Despite a recent slowdown in total residential transactions and a decrease in average selling price, I anticipate prices will stabilize over the next few months.   Sellers will feel the necessity to seek the advice of their realtor to select the proper marketing strategy based on current market conditions and Buyers will be required to be vigilant and flexible but will have an opportunity to buy in the areas they like.   Selecting the right realtor for either endeavour goes without saying.   I am available to assist you should the need arise for you to relocate, invest or simply require an appraisal or Letter of Opinion.

My time at REMAX HALLMARK has gone by fairly fast and I’ve had the opportunity to work with amazing people and watch many families grow.  Be sure to ask me about the REMAX HALLMARK SCHOLARSHIP Program should your child be heading to University or College next year. Real S. Taitt is an emotional business and people will always try to find logic within current markets, however it’s hard to make a logical decision when your emotions have taken over.  Wouldn’t it be a great idea to have someone assist you and help you stay on track when you’re trying to find your dream home?  It has been a privilege and an honour to work with so many friends, colleagues and families in the city, and I’m always grateful for new clients.

 

 

 

Since we live in neighbourhoods with homes built pre and post World War 1 into the early 1900’s and before World War ll, needless to say, some of these homes are pretty crappy.   Toronto being the brick city of Canada, we have a generous supply of brick homes with brick foundations.   Although really well built in the 1920’s and 1930’s, some homes are beginning to show their wear and tear.