🚗 22nd Dec 2023 - Buyers Are In The 'Driver's Seat' In Almost All Of Ontario's Markets: RBC

💥 Friday 22nd December 2023 💥 From Listing To Closing: 9 Step System! Toronto's Real Estate Heatwave: Daily Edition! "Discover, Decide, Delight: Reports & the Most Desirable Listings!" "Toronto's Real Estate Heatwave: Daily Edition" is your daily immersion into the hottest and most impactful updates in the Toronto real estate market. Each edition brings you a curated selection of the hottest trends, market insights, and critical updates directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Daily Edition" covers a wide range of topics, from heating up market dynamics to sparking investment opportunities and expert analysis. Dive into the heatwave and make well-informed decisions with "Toronto's Real Estate Heatwave: Daily Edition" as your trusted resource for navigating the dynamic Toronto real estate landscape. How do you customize your approach to each transaction to suit the unique needs and goals of buyers and sellers in Toronto? Real estate professionals typically customize their approach to meet the unique needs and goals of buyers and sellers in Toronto: Client Consultation: Real estate professionals begin by conducting thorough client consultations. This involves discussing the specific goals, preferences, and priorities of buyers or sellers. Understanding individual needs is crucial for tailoring the approach. Needs Assessment: For buyers, this involves identifying their preferences in terms of property type, location, budget, and desired features. For sellers, it includes evaluating their property, understanding their timeline, and determining their financial goals. Market Analysis: Real estate agents conduct a detailed market analysis to provide buyers and sellers with relevant market insights. This includes information on comparable properties, current market trends, and potential opportunities or challenges. Customized Marketing Strategies: For sellers, real estate agents develop personalized marketing strategies to showcase the unique features of the property. This may include professional photography, virtual tours, and targeted online and offline marketing. Negotiation Strategies: Real estate professionals tailor their negotiation strategies based on the specific circumstances of each transaction. This includes considering the market conditions, the motivation of the parties involved, and the desired outcomes. Local Expertise: Being familiar with the local Toronto market, real estate professionals leverage their knowledge of neighborhoods, schools, amenities, and future development plans to guide clients toward options that align with their lifestyle and preferences. Financial Guidance: Real estate professionals assist buyers in navigating financing options and guide sellers on setting realistic listing prices. They provide insights into the financial implications of different decisions throughout the transaction. Personalized Communication: Effective communication is key. Real estate professionals adapt their communication style to suit the preferences of their clients. Whether it's through phone calls, emails, or in-person meetings, maintaining open and transparent communication is essential. Problem-Solving: Real estate transactions can encounter challenges. Professionals customize their problem-solving approaches to address unique issues that may arise, finding creative solutions that align with the goals of their clients. Education and Guidance: Real estate agents educate clients on the buying or selling process, providing guidance and insights to empower them to make informed decisions. This is particularly important for first-time buyers or sellers. Post-Sale Support: Even after the transaction is complete, real estate professionals often offer post-sale support. This may involve assisting with the transition, providing resources for home maintenance, or offering recommendations for local services. By customizing their approach in these ways, real estate professionals aim to create a positive and tailored experience for each client, ensuring that their unique needs and goals are met throughout the buying or selling process. Buyers are in the 'driver's seat' in almost all of Ontario's markets: RBC Buyers are in the “driver’s seat” in almost all of Ontario’s real estate markets and the “sluggish” conditions are likely to persist into 2024, a recent report from RBC suggests. toronto.ctvnews.ca READ MORE ... Bank of Canada Warns Mortgage Payments Will Soar, But Still “Affordable” - Better Dwelling Canadian households are bracing for a mortgage rate renewal crisis, but how bad will it be? The Bank of Canada (BoC) estimates the majority of households will see payments rise over the next few years. Is it really a crisis though? If following the guideline for affordability used by policymakers, an increase is likely well […] betterdwelling.com READ MORE ... Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7% | CityNews Toronto LOS ANGELES (AP) — Homebuilders are stepping up construction of single-family homes following a steady decline in mortgage rates and broad expectations among economists that home loan borrowing costs will ease further next year. Builders broke ground on single-family homes in November at a seasonally adjusted annual rate of about 1.14 million units, the Commerce […] toronto.citynews.ca READ MORE ... Fewer people are worried about a recession; but over half are still preparing for one According to a RATESDOTCA survey, 78% are worried about the possibility of a recession this year, while 58% are preparing for it. rates.ca READ MORE ... Guelph family's home at risk due to tenant's unpaid rent 'I can’t sleep. My hair is going more white. It’s affecting my family relationships. It’s stress, stress, stress' guelphtoday.com READ MORE ... Behind the Scenes: The Life of a Brokerage Agent - Chart Attack Get an insider's look at the life of a brokerage agent. Explore the skills, challenges, and rewards of working in this dynamic industry. chartattack.com READ MORE ... Lending a hand: How one Halifax resident and real estate advisor helps people achieve sustainable home ownership - REM “If you can actually show people how you’re making a difference, other people will get on board because they can see the change” realestatemagazine.ca READ MORE ... FIRST READING: Rents would be tapering off if not for high immigration, hints BoC governor Under normal circumstances, shelter costs should be dropping ... but an ever-worsening housing shortage is stopping it from happening nationalpost.com READ MORE ... Open bidding options in Ontario: A small piece of a larger puzzle - REM It’s important Canadians see the end of blind bidding for what it is: a more transparent home-buying and selling process, not a market-cooling measure realestatemagazine.ca READ MORE ... Five-year fixed mortgage rates fall below 5 per cent as bond markets anticipate rate cuts With the markets anticipating central banks will lower interest rates next year, some fixed mortgage rates are the lowest they have been in months. But with all the economic uncertainty, new buyers and homeowners who need to renew still face some hard decisions. ctvnews.ca READ MORE ... Mass timber construction is on the rise. Could it help the housing crisis? There’s been an increase in large-scale building projects using mass timber, otherwise known as engineered wood. Experts say the material offers several benefits compared to steel and concrete — including sustainability and speed. Talia Ricci explores whether it could be part of a solution to Toronto’s housing crisis. cbc.ca READ MORE ... House of the Week: $3.6 million for a Mimico home with a theatre and a popcorn machine This 6,000-square-foot property also comes with six bedrooms, a safe room, a basement bar and an outdoor kitchen torontolife.com READ MORE ... Income growth cushions rising mortgage costs | Advisor.ca While pockets will suffer from rising rates, overall stress should be modest advisor.ca READ MORE ... Interest rate dip spells spring activity in Windsor-Essex real estate market After a sluggish year for home sales, a sign of possible change in the market as some lenders are starting to offer five-year fixed mortgages with interest rates below five per cent. iheartradio.ca READ MORE ... Canada Needs 170K New Houses Every Quarter to Supply Population Surge At the rate the Canadian government is going, the surge in population is starting to look less like a carefully thedeepdive.ca READ MORE ... What’s to come in 2024? Home price predictions: Zoocasa - REM Buyer uncertainty and less affordability were two main themes of the year, but with inflation going down, economists predict interest rates will too realestatemagazine.ca READ MORE ... Can brokers 'Uber-ize the Canadian Mortgage experience?' "Suggest to me, recommend to me, inform me, educate me, and add value to me" mpamag.com READ MORE ... Toronto realtors called out for 'mocking' people struggling to buy a home A video posted by two Toronto realtors is being called out for "mocking" people in Canada who are struggling to afford a home. The now-de... blogto.com READ MORE ... Experts wonder if Toronto's real estate market is on the verge of a crash For a housing market as intractably exorbitant as Toronto's, there is the belief that a full-on crash may be the only thing that could finally push... blogto.com READ MORE ... 'Worst-ever' affordability levels: Only 22 per cent of Ont. households can afford a single-family home Fewer than one-quarter of Ontario households actually have the income required to own a single-family home and affordability levels are now at or near “worst-ever” levels, a new report from RBC suggests. toronto.ctvnews.ca READ MORE ... Editor's Note "Welcome to my Newsletter Page! I am a professional Real Estate Agent in Toronto GTA with an Architectural background from India. With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers. I am committed to providing excellent service and going above and beyond for my clients. Let me help you navigate the real estate market and find your perfect property in the Greater Toronto Area & Surroundings. Contact me today!" Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings. Call | Email me for more Info on any GTA Listings, Buying, Selling, Investing or Homebuyer's queries. Click Here to View Listings like Real Estate Agents. Click Here For HOMES & CONDOS In Toronto. Click Here For PRE-SALE CONDOS in Toronto. How does Rent-To-Own Homes works? Click Here for Power of Sale Listings. Manoj Atri, REALTOR®  Experienced Toronto GTA Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer-Upper | Rent-To-Own Homes All types of Credits Low or Zero down With Bank Cash-Back + Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com Websites:   Homebuyer Hub | ManojAtri.com | ManojAtri.ca SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • Blog • Pinterest • Tumblr Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here

🎁 21st Dec 2023 - Using Gift Money As A Mortgage Down Payment? Here’s What To Know

💥 Thursday 21st December 2023 💥 Buyer Mistakes: FREE Report! GTA Real Estate Blaze: Daily Sizzles! "Reveal the Home Potential: Reports & the Freshest New Listings!" "GTA Real Estate Blaze: Daily Sizzles" is your daily dose of the most scintillating and impactful updates in the Greater Toronto Area real estate market. Each day, we provide you with a curated selection of sizzles that highlight the hottest trends, market insights, and critical updates delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Daily Sizzles" cover a wide range of topics, from heating up market dynamics to sparking investment opportunities and expert analysis. Stay connected and make well-informed decisions with "GTA Real Estate Blaze: Daily Sizzles" as your trusted resource for navigating the dynamic GTA real estate landscape. What are the long-term benefits of investing in Toronto real estate beyond financial returns? Investing in Toronto real estate can offer several long-term benefits beyond financial returns. Here are some key advantages: Stable and Growing Market: Toronto has historically been a stable and growing real estate market. The city's economic strength, diverse job opportunities, and population growth contribute to the demand for housing. Appreciation in Property Value: Over the long term, real estate in Toronto has shown a tendency to appreciate in value. While there can be short-term fluctuations, the overall trend has been positive, providing potential for capital gains. Diversification of Investment Portfolio: Real estate can serve as a valuable diversification tool in an investment portfolio. It often has a low correlation with other asset classes like stocks and bonds, helping to spread risk. Passive Income from Rental Properties: Investing in rental properties can generate a steady stream of passive income. As property values appreciate, rental income can also increase over time, providing a reliable source of cash flow. Hedge Against Inflation: Real estate is often considered a hedge against inflation. As the cost of living rises, so does the value of real assets like property. Real estate investments can help protect against the eroding effects of inflation on the purchasing power of money. Tax Advantages: Real estate investors may benefit from various tax advantages. These can include deductions for mortgage interest, property taxes, operating expenses, and depreciation. Consultation with a tax professional is recommended to maximize these benefits. Potential for Renovation and Improvement: Investing in properties that require renovation or improvement can provide opportunities to increase their value. Adding value through renovations can lead to higher rental income and enhanced resale value. Pride of Ownership: Owning real estate provides a sense of pride and accomplishment. It allows you to contribute to the community, maintain and improve the property, and enjoy the benefits of homeownership. Potential for Generational Wealth: Real estate can be a means of creating generational wealth. Holding onto properties and passing them down through generations can provide financial security for future family members. Community Involvement: Investing in local real estate often involves becoming part of a community. This can lead to increased community involvement and a sense of connection to the neighborhood. Use for Personal Residency: Real estate investments can serve dual purposes. You can enjoy living in a property while it appreciates in value, and later, if you decide to move, you can potentially sell it for a profit. It's important to note that real estate investments come with risks and require careful consideration and due diligence. Consulting with financial and real estate professionals can help you make informed decisions aligned with your long-term goals. Using Gift Money as a Mortgage Down Payment? Here’s What to Know If you plan to use gifted money as the down payment on your first house, be prepared to provide some extra documentation. Sandra MacGregor writes for NerdWallet Canada. Email: CAN-Editorial@NerdWallet.com The post Using Gift Money as a Mortgage Down Payment? Here’s What to Know appeared first on NerdWallet Canada. msn.com Read More ... Buyers are in the 'driver's seat' in almost all of Ontario's markets: RBC Buyers are in the “driver’s seat” in almost all of Ontario’s real estate markets and the “sluggish” conditions are likely to persist into 2024, a recent report from RBC suggests. toronto.ctvnews.ca Read More ... Most mortgage borrowers to see payments rise 34% to 54% vs. early 2022: Bank of Canada - Mortgage Rates & Mortgage Broker News in Canada If you had a mortgage as of February 2022, chances are you will be facing a payment increase before the end of 2025. canadianmortgagetrends.com Read More ... The importance of expanding your real estate network in 2024 - REM Knowledge-sharing is such an incredibly valuable tool that many business owners forget about and is perhaps the biggest reason to prioritize networking through 2024 realestatemagazine.ca Read More ... New report shows rental rates on the rise in Windsor While local rents are very high, prices in the Windsor area are still below the national average. windsor.ctvnews.ca Read More ... On the Brink: Nova Scotia has a rent subsidy program. Here’s how it works - Halifax | Globalnews.ca As more tenants in Nova Scotia are feeling the pinch from the rising cost of rent, the provincial government says help is available for those most in need. globalnews.ca Read More ... Looking to rent in London? Now's the time to jump in: Analyst David Aizikov, senior analyst with Rentals.ca, says he expects rents in London and across Canada to increase in the spring lfpress.com Read More ... A guide to building an eco-friendly home - Westmount Magazine A guide to building an eco-friendly Home: What is the importance of building green homes and creating a sustainable haven? westmountmag.ca Read More ... New Oakville rental building provides gym, outdoor barbecue patio - inHalton | Local Online News A new building in Oakville, located between Oakville Place and Sheridan College, is now open to renters. Oakhill, a development by Starlight, is bringing one- and two-bedroom suites and even a few townhomes, to 291 Queens Ave. “With housing becoming more and more of an issue across the country, Starlight is working hard to address […] inhalton.com Read More ... Toronto Home Sales Sink To 15-Year Low For Month Of November As far as Novembers go, last month was a relatively quiet one for Toronto’s real estate market. According to a new report from Chestnut Park Real Estate Ltd. Brokerage, just 4,236 home sales were recorded across the entire Toronto region in the month, and that figure is down 6% on a year-over-year b... storeys.com Read More ... House prices predicted to rise in Burlington in 2024 - inHalton | Local Online News House prices in Burlington are expected to rise by as much as four per cent in 2024 according to new data released by Re/Max. Analysts with the real estate company indicate that coming out of a soft market in 2023 a robust return is anticipated next year with the average home price expected to jump […] inhalton.com Read More ... High rates and prices make it less affordable to own a home in Canada - RBC Thought Leadership Mortgage rate increases and modest appreciation in home prices drove up RBC’s aggregate affordability measure for Canada by 2.8 percentage points to 62.5%. (A rise in the measure represents a loss of affordability.) This reversed a modest improvement in the second quarter. thoughtleadership.rbc.com Read More ... “We sold our house in Fergus, Ontario, and bought an 11-bedroom château in France” Sara and Stephen Cole’s 6,500-square-foot castle came with 37 acres, a 16th-century tower and an outbuilding the size of a two-bedroom house torontolife.com Read More ... Surreal Estate: $3.5 million for an ivory farmhouse in King City on five acres of land What country home would be complete without a room made of logs, a field for horses, a fairytale pond and a stone barn? torontolife.com Read More ... ‘Perfect storm’ of market conditions threatens Vancouver rental projects: CMHC Developers holding back or delaying projects, according to new report biv.com Read More ... Where the Hamilton-Burlington Housing Market is Expected to be in 2024 Demand has softened in the Hamilton Burlington housing market. RE/MAX analyzes what this might mean for 2024. blog.remax.ca Read More ... People in Toronto are asking the City to adopt a new tax on real estate profits While Toronto's housing market may be a little too pricey for the typical "house flip," the nature of our market generally dictates that ... blogto.com Read More ... In today’s market buyers should 'marry the house and date the rate': GTA Realtor As Canadians face higher borrowing costs we are seeing a slowdown in the real estate market. Davelle Morrison, broker at Bosley Real Estate, says sellers are dropping prices and doing anything they can to put their best foot forward. bnnbloomberg.ca Read More ... Alberta Real Estate Association and Real Estate Council of Alberta reach $900,000 settlement agreement - REM The resolution is a significant step towards both organizations operating with mutual professionalism and respect realestatemagazine.ca Read More ... Cutting rates too soon could spur housing market ‘rebound’: Bank of Canada Deliberations from the latest interest rate decision at the Bank of Canada show concerns that a move too early to ease monetary policy could reignite the housing market. msn.com Read More ... Bank of Canada's confidence grows that rates are now high enough, but says inflation risks remain - Mortgage Rates & Mortgage Broker News in Canada The Bank of Canada's six-member Governing Council believes odds have increased that interest rates are now high enough to bring inflation back to target. canadianmortgagetrends.com Read More ... FIRST READING: Rents would be tapering off if not for high immigration, hints BoC governor Under normal circumstances, shelter costs should be dropping ... but an ever-worsening housing shortage is stopping it from happening nationalpost.com Read More ... Editor's Note "Welcome to my Newsletter Page! I am a professional Real Estate Agent in Toronto GTA with an Architectural background from India. With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers. I am committed to providing excellent service and going above and beyond for my clients. Let me help you navigate the real estate market and find your perfect property in the Greater Toronto Area & Surroundings. Contact me today!" Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings. Call | Email me for more Info on any Greater Toronto Area Listings, Buying, Selling, Investing or Homebuyer's queries. Click Here to View Listings like Real Estate Agents. Click Here For HOMES & CONDOS In Toronto. Click Here For PRE-SALE CONDOS in Toronto. How does Rent-To-Own Homes works? Click Here for Power of Sale Listings. Manoj Atri, REALTOR®  Experienced Toronto GTA Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credits Low or Zero down With Bank Cash-Back | Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com Websites:   Homebuyer Hub | ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • Blog • Pinterest • Tumblr Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here