🤷‍♂️ 31st Jan 2024 - Should You Buy Or Rent? A Quick Formula To See!

💥 Wednesday 31st January 2024 💥 FREE Report - Stop Paying Your Landlord's Mortgage! Toronto's Real Estate Eruption: Daily Sparks! "Where Insight Meets Opportunity: Informed Reports & Fresh Listings!" "Toronto's Real Estate Eruption: Daily Sparks" is your daily source for the most explosive and impactful updates in the Toronto real estate market. Each day, we provide you with sparks that fuel 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 Sparks" series covers a wide range of topics, from fueling market dynamics to sparking investment opportunities and expert analysis. Stay ablaze with the market and make well-informed decisions with "Toronto's Real Estate Eruption: Daily Sparks" as your trusted resource for navigating the dynamic Toronto real estate landscape. Are There Any Specific Neighborhoods Or Areas In Toronto That Are Particularly Favorable For First-Time Homebuyers? Toronto's real estate landscape is dynamic, and the attractiveness of neighborhoods for first-time homebuyers can change based on various factors, including market trends, affordability, and development projects. It's advisable to consult with a local real estate professional for the most up-to-date information. However, I can provide you with some general insights into neighborhoods that have historically been considered favorable for first-time homebuyers: East York: East York has been popular among first-time buyers for its family-friendly atmosphere, proximity to parks, and relatively more affordable housing options compared to downtown areas. Scarborough: Certain neighborhoods in Scarborough offer a mix of housing types, including condos and townhouses, making it attractive for first-time buyers. Accessibility to public transit and amenities is also a consideration. North York: North York provides a variety of housing options, and some neighborhoods are known for being more affordable. It's a diverse area with good transit links and amenities. Etobicoke: Etobicoke has pockets of neighborhoods that are considered affordable for first-time buyers. Proximity to parks, waterfront areas, and transit options can add to the appeal. The Junction: The Junction has seen revitalization and is becoming popular among younger buyers. It offers a mix of housing types and has a vibrant community with shops and restaurants. Regent Park: Regent Park has undergone significant redevelopment, introducing modern condos and creating a more mixed-income community. It's worth exploring for those looking for a changing urban environment. Leslieville: Leslieville, known for its trendy vibe, has seen a mix of housing developments. While some parts may be pricier, there might be opportunities for first-time buyers in certain sections. Oakwood-Vaughan: This neighborhood is in transition and has drawn interest from first-time buyers due to its affordability compared to some other Toronto areas. Remember that market conditions can change, and affordability is subjective. Factors such as your budget, preferences, and future growth potential should guide your decision. Additionally, work with a local real estate agent who can provide tailored advice based on your specific criteria and the current market dynamics in Toronto. Should You Buy or Rent? A Quick Formula to See There’s no 100%, can’t-miss way to figure out whether you’ll come out ahead owning or leasing a place. But one easy calculation will at least give you a hint. wealthsimple.com READ MORE ... It could soon get even harder for foreign investors to buy Toronto homes Toronto is contemplating another change to real estate taxes to help funnel more much-needed revenue into the City, and also to (hopefully) help so... blogto.com READ MORE ... Toronto’s outlook for 2024: PropertyGuys.com predicts stability, renewed confidence and changes in dynamics - REM From interest rates to evolving buyer habits, explore the forecasted shifts in the city's housing market this year realestatemagazine.ca READ MORE ... Should retirees consider a home equity sharing agreement (HESA)? - MoneySense Home owners have a new way to tap their home equity. How does the HESA compare to a reverse mortgage, HELOC and other alternatives? moneysense.ca READ MORE ... B.C. mortgage broker suspended 2 years, fined $30K for misleading lenders A B.C. Financial Services Authority investigation that began when the province made a civil forfeiture application regarding a Kelowna property has ended with a two-year suspension and a $30,000 fine for the mortgage broker who facilitated the purchase's financing. bc.ctvnews.ca READ MORE ... A deep dive into Toronto’s condominium market: Get informed and help your business - REM From historic origins to modern high-rises, gain insights on the evolution, legislation and future trends shaping Toronto's condominium landscape realestatemagazine.ca READ MORE ... Here's how much Toronto home prices have changed in the last decade Toronto's real estate market is trying to recuperate from an unprecedented year of paltry sales numbers and, for some property types, falling price... blogto.com READ MORE ... Celebrity contractor Mike Holmes 'approved' this development. Now some of its homes have been demolished | CBC News In its ongoing investigation of Terrace Wood, a housing development endorsed by Mike Holmes, CBC recently learned that consumer watchdog Tarion condemned three of the houses. CBC also uncovered documents showing Mike Holmes not only promoted the project, but also a company he's associated with loaned money to the builder. cbc.ca READ MORE ... Toronto mayor's executive committee endorses 10% speculation tax on foreign home buyers | CBC News Toronto Mayor Olivia Chow's executive committee has voted to advance a municipal non-resident speculation tax on homes purchased by foreign nationals. cbc.ca READ MORE ... It could soon get even harder for foreign investors to buy Toronto homes Toronto is contemplating another change to real estate taxes to help funnel more much-needed revenue into the City, and also to (hopefully) help so... blogto.com READ MORE ... Vancouver Laundering Model That Inflated Home Prices Moves To Toronto   - Better Dwelling It’s a Canadian story as old as time. High risk person meets a grocery bag filled with tens of thousands in cash. Person trades said bag of cash for casino chips and leaves without playing. Casino staff asks no questions, despite previously identifying the person as a high risk patron. Well, maybe not as old […] betterdwelling.com READ MORE ... What does opening or cancelling a credit card do to my credit score? - MoneySense Switching, opening and closing credit cards may impact your credit score. Here are potential impacts and some strategies to lower the risk to your score. moneysense.ca READ MORE ... Five Key Takeaways from the Bank of Canada’s Latest Update The Bank of Canada (BoC) held its policy rate at 5% last week, as expected. movesmartly.com READ MORE ... When renewing your mortgage, know your options - The Mortgage Gal It feels like I’m harping on the subject of mortgage renewals, and that may well be the case. castanet.net READ MORE ... Canada's housing market outlook: A tale of two halves in 2024 - RBC Thought Leadership Interest rates will continue to dictate the outcome of Canada’s housing market in 2024. We expect slow activity and softening prices in the early part of the year as the Bank of Canada keeps its policy rate high. thoughtleadership.rbc.com READ MORE ... Analysis: Changing Cost of a Single-Family Home in Canada Over the Past 10 Years By Zoocasa Analysis: Changing Cost of a Single-Family Home in Canada Over the Past 10 Years ca.investing.com READ MORE ... Why advisors should take on clients from the wrong side of the income gap As gulf between high and low earners grow, advisors can make a difference and improve their practices by serving clients outside of traditional wealthier brackets wealthprofessional.ca READ MORE ... RE/MAX Real Estate Agents Voted #1 Most Trusted in Canada RE/MAX® has been voted the #1 Most Trusted Real Estate Agents in Canada by Canadian shoppers, year after year*, according to the 2024 BrandSpark® Canadian Trust Study. blog.remax.ca READ MORE ... N.B. tenants facing large rent increases lose automatic right to get them phased in | CBC News A key protection for New Brunswick tenants in 2023 required rent increases above the inflation rate to be spread over multiple years — with "no exceptions" — if a tenant asked, but that won't happen this year, according to a new approach quietly adopted by the province. cbc.ca READ MORE ... Brampton pauses rental licensing pilot — less than 1 month in — after backlash from landlords | CBC News Less than a month after launching a rental licensing pilot aimed at curbing illegal lodging, Brampton has paused the program until further notice citing backlash from landlords.  cbc.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

📉 30th Jan 2024 - China Evergrande Has Been Ordered To Liquidate. The Real Estate Giant Owes Over $300 Billion!

💥 Tuesday 30th January 2024 💥 Rent-To-Own Homes Toronto GTA Real Estate Incineration: Daily Highlights! "Unlocking Your Dream Home: Free Reports & Premier Listings!" "GTA Real Estate Incineration: Daily Highlights" is your daily source for the hottest and most impactful updates in the Greater Toronto Area real estate market. Each day, we provide you with a curated selection of updates that set the market ablaze, featuring 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 "Incineration" series covers a wide range of topics, from igniting market dynamics to sparking investment opportunities and expert analysis. Stay on fire and make well-informed decisions with "GTA Real Estate Incineration: Daily Highlights" as your trusted resource for navigating the dynamic GTA real estate landscape. What Are The Anticipated Consequences Of Evergrande's Liquidation Situation On The Canadian Real Estate Market? The anticipated consequences of Evergrande's liquidation situation on the Canadian real estate market are multifaceted and interconnected with global economic dynamics. Here are key aspects to consider: Impact on Global Investor Confidence: Evergrande's crisis has triggered concerns about the stability of the global financial system. If international investor confidence wavers due to uncertainties surrounding Chinese real estate, it could lead to a shift in investment preferences, potentially affecting capital flows into the Canadian real estate market. Commodity Price Volatility: China is a major consumer of commodities, and a slowdown in its economy may affect demand for resources, impacting commodity prices. Canada, as a resource-driven economy, could experience fluctuations in its economic performance, influencing investor sentiment in the real estate sector. Interest Rate Trends: Central banks, including the Bank of Canada, may adjust monetary policies in response to global economic conditions influenced by Evergrande's situation. Changes in interest rates can impact mortgage rates and, subsequently, housing affordability, influencing property values and investment decisions. Global Supply Chain Disruptions: The interconnected nature of the global supply chain means that disruptions caused by Evergrande's crisis could have indirect effects on the Canadian construction sector. Delays in the supply of materials and increased costs may impact new construction projects and, consequently, housing availability and prices. Foreign Investment Patterns: Evergrande's troubles may prompt Chinese investors to reevaluate their real estate portfolios, potentially redirecting investments to more stable markets. Depending on how this shift unfolds, it could impact luxury real estate segments in Canada, which have historically attracted foreign investment. Government Policy Responses: Canadian authorities may respond to global economic uncertainties by adjusting domestic policies. Changes in housing regulations, tax policies, or incentives to promote or cool the real estate market could impact property values and investment dynamics. Market Sentiment and Consumer Confidence: News of a major real estate developer's collapse can influence market sentiment and consumer confidence. Uncertainty in the global economy may lead potential homebuyers to adopt a cautious approach, affecting the pace of real estate transactions and property values. Rental Market Dynamics: Changes in the real estate market can influence the rental sector. If property values experience volatility, it may impact rental prices and tenant demand. Investors in rental properties may need to adapt to shifting market conditions. Credit Conditions: The global fallout from Evergrande's situation may impact credit conditions globally. If credit becomes tighter, it could influence the ability of Canadian developers and investors to secure financing for real estate projects, potentially affecting market dynamics. Long-Term Economic Resilience: The overall resilience of the Canadian economy will play a crucial role in determining the lasting impact of Evergrande's crisis. If the Canadian economy demonstrates stability and adaptability, it may weather global economic uncertainties more effectively, limiting the impact on the real estate market. In summary, the consequences of Evergrande's liquidation on the Canadian real estate market are contingent on various factors, including global economic responses, commodity prices, and investor sentiments. Monitoring these factors will be crucial in gauging the evolving landscape of the Canadian real estate sector in the wake of this significant international financial development. China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion HONG KONG (AP) — A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer , to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about westernwheel.ca READ MORE ... House of the Week: $1.7 million for Fallingbrook century home with a serene backyard The 2,700-square-foot home also comes with original oak accents, a separate basement unit, vaulted ceilings and plenty of greenery torontolife.com READ MORE ... Cheap Upgrades to Always Ask for When Building A New Home From the things you don’t think about until it’s too late to luxe items that increase your home’s value, always ask for these cheap upgrades. hgtv.ca READ MORE ... RE/MAX® Continues Advice Campaign Amid Challenging Market Conditions Everyone knows someone who knows a thing or two about real estate, but we all know good intentions don’t always equal good advice. And that’s the premise b blog.remax.ca READ MORE ... Someone is renting out a $500 bedroom that's being compared to a jail cell | Urbanized The latest "horror rental" involves a $500 bedroom in Scarborough, which was advertised on Facebook Marketplace with some jarring images. dailyhive.com READ MORE ... Year-in-review and what lies ahead for Canadian real estate in 2024 - REM “We believe in the long-term health of Canada’s housing market. To protect it, we need to address the housing supply shortage across the country” realestatemagazine.ca READ MORE ... This is how much home prices have increased in 10 years in Ontario | insauga Anyone in the housing market knows home prices have increased dramatically in the last few years, particularly in Ontario. insauga.com READ MORE ... Posthaste: Why the housing market rally might not be all that it seems Real estate not out of the woods yet, warn economists ca.finance.yahoo.com READ MORE ... Has an exodus of B.C. residents lowered Metro Vancouver rent prices? Rental prices in Vancouver did not slow down just because some of its locals left biv.com READ MORE ... Brampton landlords hold protest against city’s pilot program that requires licence to rent out 4 or fewer units - NOW Toronto Some Brampton landlords are protesting against the city’s new residential rental licensing pilot program (RRL) which was recently paused for review by the city. nowtoronto.com READ MORE ... Celebrity contractor Mike Holmes 'approved' this development. Now some of its homes have been demolished | CBC News In its ongoing investigation of Terrace Wood, a housing development endorsed by Mike Holmes, CBC recently learned that consumer watchdog Tarion condemned three of the houses. CBC also uncovered documents showing Mike Holmes not only promoted the project, but also a company he's associated with loaned money to the builder. cbc.ca READ MORE ... Chow vows to lower tax on multi-residential buildings to help curb rent increases | CBC News Toronto Mayor Olivia Chow is pledging to reduce a proposed increase to the multi-residential tax rate in the city's 2024 budget to protect renters. cbc.ca READ MORE ... Housing market to see higher activity in 2024 – RBC Could sales rebound in the second half of the year? mpamag.com READ MORE ... You'll soon be able to live in condos built by Leon's Furniture in Toronto Leon's Furniture has announced that it is set to make its very first foray into residential development with a huge new complex that could bring 4,... blogto.com READ MORE ... Ontario TV renovation celeb Mike Holmes under fire for backing shoddy developments The integrity of famed contractor and TV personality Mike Holmes is being called into question over his connection to a boutique residential commun... blogto.com READ MORE ... Vancouver Laundering Model That Inflated Home Prices Moves To Toronto   - Better Dwelling It’s a Canadian story as old as time. High risk person meets a grocery bag filled with tens of thousands in cash. Person trades said bag of cash for casino chips and leaves without playing. Casino staff asks no questions, despite previously identifying the person as a high risk patron. Well, maybe not as old […] betterdwelling.com READ MORE ... Survey shows 87% of Canadians choose real estate investing over stocks for extra income in 2024 - REM Despite a slower 2023, 62 per cent of respondents show increased interest in Canadian real estate markets realestatemagazine.ca READ MORE ... Transforming residential real estate marketing with AI virtual staging - REM AI image editing innovations in residential real estate marketing will push what machines can do, but there is much that will still require people realestatemagazine.ca READ MORE ... 8 Signs You’re Ready to Own a Home Homeownership is a huge milestone — here’s how to know if you’re really ready for it. moneytalksnews.com READ MORE ... Land boundaries battle resolves after two decades as court determines liability for property encroachment - REM Dream home turned boundary dispute: Explore the trial’s intricacies that unravel the roles of builder, surveyor and municipality in this complex real estate saga realestatemagazine.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