THE FOUR BASIC RULES FOR INVESTING IN REAL ESTATE
Tags: THE FOUR BASIC RULES FOR INVESTING IN REAL ESTATE
Real estate investing does not need to be complicated. If you just follow these four basic rules, you can become financially secure. You need to own your principal residence as soon as possible. It is almost impossible to ‘time’ the market but the longer you own, the more your property will appreciate. It is exactly the same theory as investing for your retirement, the sooner you s...Read More
PRE-CONSTRUCTION VS RESALE
Tags: PRE-CONSTRUCTION VS RESALE
Whether you want to buy a new or resale condo, it's essential that you're represented by a qualified buyer agent that specializes in the Toronto condo market. There are arguments to be made for both sides of this equation. On one hand, the idea of spending hundreds of thousands to millions of dollars with only seeing a floor plan can be nerve-racking. However, the idea of buying a brand n...Read More
HOW CAN YOU TELL IF REAL ESTATE PRICES ARE TOO HIGH?
Tags: HOW CAN YOU TELL IF REAL ESTATE PRICES ARE TOO HIGH?
All the experts read the OECD, The Economist, and several U.S. Hedge Funds believe that there is a fixed relationship between average family income and residential real estate prices. That's why they believe that Canadian real estate and in particular the Toronto Condo Market is way over priced! So we decided to test that theory just within Canada. We found that the median family income in To...Read More
2023 CONDO MARKET REPORT
Tags: 2023 CONDO MARKET REPORT
Understanding What Happened in 2022 The real estate market in 2021 and up to March of 2022 was clearly unsustainable. The Bank of Canada was late to correct inflation and to deal with interest rates which were basically zero. Starting in March, they began to overcompensate in both areas and the result was the start of a market correction that no one foresaw. Sales and prices decl...Read More