After a very long bull run, the Toronto real estate market has shifted from wildly positive in January and February, to a much slower pace this summer. Is the market simply more balanced now, or are we headed into something much more serious?
The change came about because of a rapid rise in interest rates. The Bank of Canada, in its efforts to tame inflation, has put a serious dent into the real estate market.
The slowdown in real estate sales in the Greater Toronto Area has been significant. Now prices are falling too, with single family homes taking the biggest hit. What are we to make of all this, and what are we to expect in the coming months? We attempt to answer these and other questions in the podcast.
#realestate #realestateagent #realestatemarket #Toronto #Mississauga #Oakville #TRREB #marketcrash #interestrates #condos #houseprices #realestatebust #Canada
The Toronto real estate market has slowed down. Interest rates are going up.
Should you buy a house or condo now, or should you wait until the market begins to recover? If you are an investor, is this a good time to find some deals?
We interview Evan Ungar and Jordan King, managing partners of TUK Capital, a real estate investment and consulting firm based in Toronto, Canada.
Get insight on what to do when the real estate market shifts. Prices have slipped a bit, and interest rates are going up. Bidding wars are not so common these days. And yet the rental market is on fire. The economy in the Greater Toronto Area is strong. And immigration levels into Canada are at record-breaking levels.
Find more info on TUK Capital here: https://tukcapital.com/
We interview Mindy Applebaum, Founder and CEO of Luxury Move Management. Learn how this Toronto-based company provides interesting solutions for people who need to move. If you are downsizing, undergoing a renovation, estate clearing, relocating, divorcing, moving into a condo, a new home or retirement residence, every move can bring stress to the homeowner. Find out how Mindy's company co-ordinates with realtors, home stagers, and moving companies, to help you declutter, get rid of unwanted furniture, pack and unpack, and store your possessions temporarily if needed.
You can reach Luxury Move Management at:
#realestate #Toronto #movinghouse
What if there was a way to insure your offer in a real estate bidding war, so there was no worry about a low appraisal afterwards? We interview Jason Henneberry, mortgage expert and co-founder of Fundible Finance Corporation. Fundible is launching an interesting new product that promises to help buyers in this exact situation.
Today's market often results in multiple offers - situations where several buyers bid simultaneously on a single property. These bidding wars contain risks for the buyer, even if they are pre-approved at the bank.
It's something new. Check out the podcast to see how it works. You can reach Jason at:
We interview Dawn Marcotte, bestselling author of Success Guaranteed: 9 Lies Online Entrepreneurs Need to Know. Dawn explains the myths of online marketing, and shows techniques and strategies that can help you to be successful with your online business.
Topics include the top 3 myths you need to know, sales funnels, websites, Facebook pages, scheduling, batching, and much more.
You can find Dawn's book at:
We interview Christopher Alexander, President of RE/MAX Canada, and Elton Ash, Executive VP of RE/MAX Western Canada, about luxury real estate. Find out what's happening with sales and prices of these luxury homes. Topics include sales numbers, what is causing the boom, and where we are headed in 2022.
We interview expert mortgage broker Denise Pisani on how to get a mortgage when you are self employed. Denise explains what paperwork is required, what the fees are, the three types of mortgage products that are available for self-employed people, and how any tax arrears can affect your chances of getting a loan.
Contact Denise at: email@example.com for further details.
#realestate #mortgage #mortgages #selfemployed #mortgagesforselfemployed
We interview Rizwan Malik, Senior VP of Sotheby's International Realty Canada about the real estate market in Toronto, and what to expect in 2022. #realestate #Toronto #RizwanMalik #RandySelzer #realestatemarket #GTA #Canada #interestrates #houseprices