🏹 22nd Jan 2024 - Renting Vs. Owning: Can You Be Financially Secure Without Buying A Home?

💥 Monday 22nd January 2024 💥 Get FREE Hot New GTA For Sale Listings! 🙏 🏹 Jai Shri Ram 🏹 🙏 GTA Real Estate Inferno: Daily Briefing! "Elevating Your Home Insights: Reports & Fresh, Desirable Listings!" "GTA Real Estate Inferno: Daily Briefing" is your daily briefing into 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 "Inferno" 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 Inferno: Daily Briefing" as your trusted resource for navigating the dynamic GTA real estate landscape. How Can I Receive Notifications Or Alerts When Hot New GTA For Sale Listings Become Available? To receive notifications or alerts when hot new Greater Toronto Area (GTA) for sale listings become available, you can consider the following options: Real Estate Websites and Apps: Many real estate websites and mobile apps allow you to set up personalized search alerts. Create an account on platforms such as Realtor.ca, TRREB.ca, or local real estate brokerage websites. Customize your search criteria, including location, price range, and property type, and enable email or push notifications for new listings that match your preferences. Email Subscriptions: Subscribe to email newsletters or alerts from local real estate agencies or property listing websites. They often send out regular updates on new listings, price reductions, and market trends. Social Media Notifications: Follow real estate agencies, agents, and property listing platforms on social media platforms such as Facebook, Instagram, or Twitter. Some agents and agencies share new listings and market updates through their social media channels. Real Estate Apps with Push Notifications: Download real estate apps that offer push notifications. These apps can notify you instantly when a new property that matches your criteria becomes available. Work with a Real Estate Agent: If you have a real estate agent, they can set up customized alerts for you based on your preferences. Agents often have access to real-time listing information and can notify you promptly when a suitable property hits the market. Automated Search Alerts on Property Websites: Utilize the automated search alert features on property websites. These features allow you to save your search criteria, and the platform will notify you when new listings matching your preferences are listed. Local Real Estate Newsletters: Subscribe to newsletters from local real estate agencies or publications. They may include information about new listings, upcoming open houses, and market trends. When setting up alerts, be specific about your criteria to receive targeted notifications. Include details such as preferred neighborhoods, property types, price range, and any other features that are important to you. Regularly review and adjust your alert settings to ensure they align with your changing preferences. Renting vs. owning: Can you be financially secure without buying a home? - MoneySense There’s more to the math than you think, and there are also non-financial reasons that influence the decision to rent or buy. moneysense.ca READ MORE >> 2024 homeownership surge with nearly one in five Canadians eager to buy, especially younger groups: Wahi - REM “Many Canadians are planning to purchase a home this year and they’re also willing to make lifestyle and work changes to realize their dreams” realestatemagazine.ca READ MORE >> Toronto real estate market may be ‘awakening’, but don’t expect prices to rise just yet: report Pi News proiqra.com READ MORE >> Canadian real estate investors confident in the market, seeking passive options Re-investing capital in the real estate market is planned by most, survey reveals wealthprofessional.ca READ MORE >> Who is responsible when buyers lose their deposits on pre-construction houses? Last month, Ideal (BC) Developments Inc. was fined $34,375 for illegally selling new homes without a licence and failing to comply with a search warrant thestar.com READ MORE >> Report finds very few Airbnb rental homes could be returned to Calgary housing market | CBC News University of Calgary researcher estimates about 1,500 short-term listings in the city could be returned to the housing market. cbc.ca READ MORE >> A new registry of bad tenants — and some landlords too — is gaining traction in Ontario A new registry of delinquent Ontario tenants — and some unscrupulous landlords — is gaining traction among landlords and legal experts.Weiting Bollu founded the platform Openroom a little over a year ago after she had trouble ousting a tenant from the home she owned in Vaughan — even after the tenant stopped paying rent."I thought I was the only one until I met other landlords. And I said, 'Why isn't anyone doing more about this?" she said. "That's when I said 'You know what? I build software fo ca.news.yahoo.com READ MORE >> Canadian Mortgage Rates May Resume Climb As Bond Yields Surge - Better Dwelling Canadian real estate buyers have been motivated by falling mortgage rates, but that may change soon. Government of Canada (GoC) 5-year bond yields have been climbing sharply. The yield, which helps determine the cost of 5-year fixed rate mortgages, had been falling over the past few months, delivering relief to buyers. Over the course of […] betterdwelling.com READ MORE >> More young homebuyers needed to revive market: Economist Existing home sales continue to fall, with the annual rate reaching its lowest level since 1995. Lawrence Yun, National Association of Realtors Chief Economist joins Yahoo Finance Live to weigh in on what could bolster the home buying market. Yun argues the housing market needs more first-time homebuyers, specifically, younger homebuyers. "The age of the first time buyers, which recently has been in the mid-30s, we want to see that entry point... close to the age of 30," he says. According to Yun, the new home construction market will “squeak out a gain,” in 2023. Yun says that this should not be taken for granted because there is still an insufficient amount of inventory, “the builders need to quickly ramp up production. America has a housing shortage.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim ca.finance.yahoo.com READ MORE >> CONDO REPORT: Interest rates created challenge for sellers Demand still relatively low and inventory high heading into new year, creating some good opportunities for buyers, says columnist barrietoday.com READ MORE >> All eyes on the BoC this week for any hints on when it plans to cut interest rates OTTAWA - As the Bank of Canada gears up to announce its next interest rate decision Wednesday, economists will... ckpgtoday.ca READ MORE >> Ramit Sethi: 3 Ways To Know Whether You Can Really Afford To Buy That House Ramit Sethi is the author of "I Will Teach You to Be Rich" and the host of a podcast of the same name where he offers financial advice geared towards helping people live a rich life. To help people... ca.finance.yahoo.com READ MORE >> This $5 million Toronto home is Scandi-inspired and gorgeous If you spend enough time watching HGTV and home reno shows, you'll know that Scandinavian design has been the ideal aesthetic for a while.  When do... blogto.com READ MORE >> Everything about this $10 million Toronto-area home is kinda weird If you've ever wanted a home that reminds you of a 1970s brutalist university library then 112 Westwood Lane in Richmond Hill is it. Just kidding..... blogto.com READ MORE >> Housing market has turned a corner, Royal LePage says Watch: Phil Soper of Royal Lepage on what's in store for the Canadian real estate market when rate cuts start ca.finance.yahoo.com READ MORE >> As Canadians cut back, mortgage holders say they can make higher payments: BoC survey nnsl.com READ MORE >> Are the benefits of debt consolidation right for you? - Mortgage Matters Now, more than ever, is the time to take a review of your current debt picture along with your budget to see where you can cut back your cost of borrowing and potentially lower your overall monthly payments. castanet.net READ MORE >> Linking immigration to the housing shortage may be missing the problem, experts say | CBC News With rising rents and house prices making it increasingly harder to find a place to live, some are pointing the finger at Canada's record-level immigration rates. cbc.ca READ MORE >> Toronto police officer arrested, charged in connection with landlord and tenant dispute | CBC News Const. Edward Parks was last assigned to corporate communications with the force, police said, and has 15 years of service. Police allege he unlawfully entered a dwelling, assaulted a woman and stole property. He has been suspended with pay. cbc.ca READ MORE >> This $7 million Oakville home is a crystal girly dream If those crystal girls had $7 million to spend on a house, this is what their house would look like.  1477 Duncan Rd. looks like what happens when ... blogto.com READ MORE >> Could the GTA housing market roar back in 2024? The region remains among the priciest real estate markets in Canada mpamag.com READ MORE >> Mortgage renewal calculator - MoneySense Is your mortgage coming up for renewal soon? Use this tool to figure out if switching lenders could save you money. moneysense.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

🤔 5th Dec 2023 - 8 Common And Costly Homebuying Myths!

💥 Tuesday 5th December 2023 💥 Buyer Mistakes: FREE Report! Toronto's Real Estate Blaze: Daily Ignition! "Empowering Your Home Journey: Expert Reports & Exclusive Listings!" "Toronto's Real Estate Blaze: Daily Ignition" is your daily ignition to the latest and most impactful developments in the Toronto real estate market. Each day, we provide you with a spark that ignites 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 Ignition" 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 Blaze: Daily Ignition" as your trusted resource for navigating the dynamic Toronto real estate landscape. What are the potential risks associated with investing in Toronto real estate, and how can they be mitigated? Investing in Toronto real estate can offer lucrative opportunities, but like any investment, it comes with risks. Here are some potential risks associated with investing in Toronto real estate and strategies to mitigate them: Market Volatility: Risk: Real estate markets can be cyclical, and property values may fluctuate based on economic conditions. Mitigation: Diversify your real estate portfolio across different types of properties and neighborhoods. Conduct thorough market research and consider long-term trends. Interest Rate Changes: Risk: Fluctuations in interest rates can impact mortgage payments and property values. Mitigation: Consider fixed-rate mortgages to lock in interest rates. Be prepared for potential rate changes and factor them into your financial projections. Liquidity Challenges: Risk: Real estate is relatively illiquid compared to other investments. Selling a property may take time. Mitigation: Have a financial buffer for unexpected expenses and potential periods of vacancy. Invest with a long-term perspective to ride out market fluctuations. Economic Downturn: Risk: During economic downturns, property values may decline, and rental demand can decrease. Mitigation: Choose properties in resilient neighborhoods with diverse economic activities. Maintain a cash reserve to cover expenses during economic downturns. Regulatory Changes: Risk: Changes in zoning laws, tax regulations, or rent control policies can impact property values and rental income. Mitigation: Stay informed about local regulations. Diversify your investments to spread regulatory risk. Consult with legal and financial professionals. Unexpected Expenses: Risk: Repairs, maintenance, or unexpected property issues can lead to significant expenses. Mitigation: Conduct thorough property inspections before purchase. Budget for ongoing maintenance and unforeseen repairs. Consider property management for professional oversight. Tenant Issues: Risk: Problematic tenants, late payments, or vacancies can affect rental income. Mitigation: Screen tenants carefully, and consider hiring a property management company. Have clear lease agreements and procedures for rent collection. Overleveraging: Risk: Borrowing too much can lead to financial strain if property values decline or rental income decreases. Mitigation: Maintain a reasonable loan-to-value ratio. Avoid excessive debt and ensure you can cover mortgage payments even in challenging scenarios. Natural Disasters: Risk: Toronto is not immune to natural disasters like floods or extreme weather events. Mitigation: Assess the property's susceptibility to natural disasters. Consider insurance coverage for potential risks. Supply and Demand Imbalances: Risk: Oversupply or undersupply in the housing market can impact property values. Mitigation: Stay informed about local market trends. Focus on areas with balanced supply and demand dynamics. Before making any investment decisions, it's crucial to thoroughly research the market, seek professional advice, and have a clear understanding of your financial goals and risk tolerance. Diversification, careful property selection, and a proactive approach to risk management can help navigate the complexities of real estate investing in Toronto. 8 Common and Costly Homebuying Myths Think you’re ready to buy a house? Don’t fall victim to these rookie mistakes. moneytalksnews.com Read More ... BoC will be in no hurry to cut rates in 2024, warns economist Analyst on likely timeline for rates to fall mpamag.com Read More ... 'IMPORTANT': Ontario real estate rules are changing and here’s what buyers and sellers need to know Updated guidelines give buyers greater transparency when purchasing a home and provide sellers more options when listing toronto.com Read More ... ‘Modern masterpiece’: Huge home in Caledon on sale for $13.5 million is the most viewed in Canada for November with 6 bathrooms, natural ponds and meadows, according to Zoocasa Located within an hour’s drive of Toronto, this home is set on nearly 100 acres and features a unique open floor plan. caledonenterprise.com Read More ... Canada Tries To Save Face With Study Permit “Limit” AFTER Demand Collapse - Better Dwelling Canadian policymakers are floating the idea of capping study permits, but they don’t need to. Government of Canada (GoC) data shows a sharp decline in the number of study permit applications in September. When policymakers first pitched the idea of limiting students to help affordability, it appears they were attempting to save face. The public […] betterdwelling.com Read More ... Apartment landlord’s attempt to increase rent denied in Mississauga Ontario | insauga As Canadians continue to stretch their budgets to afford the rising cost of housing, some large corporate landlords continue to apply for above-guideline rent increases in Ontario, sometimes unsuccessfully, as was the case in one Mississauga apartment building. In a decision dated Nov. 16, Ontario’s Divisional Court upheld a ruling from the Landlord and Tenant […] insauga.com Read More ... People Who Used To Own A Home But Went Back To Renting, Why Did You? Let us know! ca.style.yahoo.com Read More ... What are Canadian homebuyers likely to focus on in 2024? Report suggests average residential prices will increase by 0.5% nationally next year mpamag.com Read More ... How far will rates have to fall to avoid a recession? Household debt crisis looming if rates stay high, says economist mpamag.com Read More ... Canada’s Real Estate Losses Are Piling Up In October 2023, the Canadian Real Estate Association (CREA) reported a 5.6% month-over-month decline in national home sales recorded over thedeepdive.ca Read More ... Is a mortgage crisis on the way? | CBC Radio As interest rates have jumped and millions of mortgages are coming up for renewal, what are the risks for struggling homeowners, real estate prices, and Canada’s financial system? cbc.ca Read More ... House flipping vs buy and hold investing: Expert opinions - REM Both strategies are not about investments — remember that your decision will both shape your future and impact communities and lives affected by these investments realestatemagazine.ca Read More ... 'MAGICAL': Massive mansion in Vaughan on sale for $10 million among the most viewed homes on Canada real estate market with 7 bedrooms, 13 bathrooms and 20 parking spots, according to Zoocasa The home includes seven bedrooms, 13 bathrooms, 20 parking spots, lush greenery, great hall, a gourmet kitchen, dining room, conservatory, observatory and two-storey library yorkregion.com Read More ... Vancouver real estate: Home sales rise as newly listed properties add to supply The Real Estate Board of Greater Vancouver says home sales ticked up last month as the continued increase of newly listed properties has given prospective homebuyers in the region among the largest selection to choose from since 2021. bc.ctvnews.ca Read More ... Short-term rentals have 'significantly impacted' housing affordability: Desjardins TORONTO — A new Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world. stalbertgazette.com Read More ... Posthaste: Canadians brace for mortgage renewal cliff that could hike payments by 70% 'Instead of the Grinch, it could be mortgage renewals that steal Christmas this year' ca.finance.yahoo.com Read More ... Spotlight:Get a better mortgage rate at renewal without the usual stress test hurdle Insured mortgages just got a break to help save some cash. cambridgetoday.ca Read More ... How does your lender deal with mortgage rate drops? - The Mortgage Gal Usually when I write my column, I share stories of what not to do with respect to your financing. Today is a little different. castanet.net Read More ... Should you hold on to unused RRSP contributions? - MoneySense It may not be a good idea to save up unused RRSP contributions in order to save on future RRSP withdrawals. Here’s why. moneysense.ca Read More ... House of the Week: $5.4 million for a custom home in Leaside with a half-tonne fireplace This 3,700-square-foot property also comes with American walnut all over, 21-foot ceilings, multiple decks and a sauna torontolife.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