👩‍❤️‍👨 16th Feb 2024 - 7 Tips for Buying a Home With Your Partner!

💥 Friday 16th February 2024 💥 Toronto Real Estate Fixer Upper - Myths & Facts! Toronto's Real Estate Pulse: Daily Dive! "Your Guide to Real Estate Brilliance: Free Reports & Exclusive Listings!" "Toronto's Real Estate Pulse: Daily Dive" offers you a daily deep dive into the pulse of the Toronto real estate market. Each day, we deliver curated insights, trends, and critical updates directly to your inbox, allowing you to immerse yourself in the latest developments. Whether you're a potential buyer, seller, investor, or real estate enthusiast, our daily dives cover a wide range of topics, from market dynamics and emerging trends to investment opportunities and expert analysis. Stay informed and dive deeper into the Toronto real estate scene with "Toronto's Real Estate Pulse: Daily Dive" as your trusted resource. Can purchasing a fixer-upper home be a viable option for first-time homebuyers, or is it too risky? Purchasing a fixer-upper home can indeed be a viable option for first-time homebuyers, provided they approach it with careful consideration and due diligence. While there are inherent risks associated with buying a property in need of renovation, there are also potential benefits that may make it an attractive choice: Lower Purchase Price: Fixer-upper homes typically come with a lower initial purchase price compared to move-in ready properties, allowing first-time homebuyers to enter the market at a more affordable entry point. Opportunity for Customization: Renovating a fixer-upper property offers first-time homebuyers the chance to personalize and customize their living space according to their preferences and lifestyle needs. Potential for Appreciation: By investing in renovations and improvements, first-time homebuyers can potentially increase the value of their property over time, building equity and increasing their return on investment. Learning Experience: Purchasing a fixer-upper home provides valuable hands-on experience in home renovation and maintenance, which can be beneficial for first-time homebuyers looking to develop their DIY skills or pursue future real estate ventures. However, it's essential for first-time homebuyers to weigh the risks against the potential rewards before committing to a fixer-upper property. Some considerations include: Budgeting for Renovations: Renovation costs can quickly add up, so first-time homebuyers should carefully assess their budget and ensure they have sufficient funds set aside for necessary repairs and improvements. Time and Effort: Renovating a fixer-upper home requires time, effort, and often professional assistance. First-time homebuyers should be prepared for the challenges and disruptions that come with managing a renovation project. Hidden Issues: Fixer-upper properties may have hidden structural or maintenance issues that are not immediately apparent. First-time homebuyers should conduct thorough inspections and assessments to uncover any potential problems before finalizing the purchase. Ultimately, purchasing a fixer-upper home can be a rewarding endeavor for first-time homebuyers who are willing to put in the time, effort, and resources to transform a property into their dream home. It's essential to approach the process with realistic expectations and seek guidance from real estate professionals and renovation experts as needed. 7 Tips for Buying a Home With Your Partner Follow these tips to help make the process of buying a dream home together as smooth as possible. moneytalksnews.com Read More ... Ottawa woman faces foreclosure and bankruptcy after Scotiabank serves her papers An Ottawa woman has had her life turned upside down and is now facing bankruptcy and foreclosure in a perfect storm of unfortunate events. ottawa.ctvnews.ca Read More ... Three RRSP Mistakes to Avoid It’s that time of year: Minimize taxes and maximize returns. morningstar.ca Read More ... Toronto's Housing Market: Rising Rents, Cooling Prices, and Unconventional Measures Explore Toronto's housing market dynamics in January, with surging sales, stagnant listings, steady home prices, and creative landlord strategies amidst cooling rents. bnnbreaking.com Read More ... Canadians are moving to Alberta in droves. How affordable is the province for homebuyers? Alberta’s more favourable tax environment and lower housing prices are attracting a significant number of Canadians, particularly from provinces like Ontario and B.C., according to a new report. Re/Max Canada’s 2024 Tax Report examined key markets in six Canadian provinces, including Vancouver, Calgary, Winnipeg, Toronto, Montreal and Halifax. It found that tax rate increases, along with record-high housing values and mortgage rates, have led to... msn.com Read More ... Fire-damaged East Vancouver house listed for $1.6M This $1,599,800 property comes with a bit of a catch. It was on fire eight months ago. bc.ctvnews.ca Read More ... More is needed to incentivize the construction of new rental housing supply In the GTA, more than 300,000 rental homes will be needed in the next decade nationalpost.com Read More ... Canada’s Home Sales Rose 22% In January As Market Rebounds Home sales across Canada rose 22% in January from a year ago as expectations for lower interest rates fuels a rebound in the real estate sector. The Canadian Real Estate Association (CREA) said that January home sales across the country increased ... baystreet.ca Read More ... Should You Pay Down Your Mortgage, or Fund Your RRSP? It comes down to discipline and what you can afford. For those who can’t do both, the psychological advantage of being debt-free may trump funding their RRSPs. morningstar.ca Read More ... Can first-time buyers save Canada’s real estate market? - REM Canada’s January sales mark the third-strongest month on record. Despite challenges, there's optimism, especially for first-time buyers driving growth in more affordable markets realestatemagazine.ca Read More ... Rental rates in Edmonton, Canada skyrocket while vacancy rates dip Edmonton is Canada's rent inflation leader among large markets according to rentals.ca, seeing a 17.1-per-cent annual increase to an average rental price of $1,479. edmonton.ctvnews.ca Read More ... Edmonton may be one of the cheaper cities for rent in Canada, but will that continue? | CityNews Edmonton A recent report shows the city had the highest increase in rent out of any major city in the country. edmonton.citynews.ca Read More ... Renting a home in Burlington? Still a pricey proposition - inHalton | Local Online News Burlington continues to be among the most expensive cities in Canada to rent a home. According to Rentals.ca and Urbanation’s latest National Rent Report, which looks at prices in January, the average new rent for a one-bedroom property in Burlington in January was $2,204, basically no change from the previous month or year-over-year. That sits […] inhalton.com Read More ... Canadian Building Construction Investment Fell Sharply Before Rate Hikes - Better Dwelling Canada’s attempt to use helicopter money to stimulate building may have the opposite impact. Statistics Canada (Stat Can) building construction rose in December, which sounds like cause for celebration. However, when examined in real terms, it was the worst December in at least five years. Rising interest rates might be the first suspect that comes […] betterdwelling.com Read More ... This $4 million Toronto home looks like a retro scene from the show Golden Girls If you've ever dreamed of living like Blanche, Dorothy, Rose, or Sophia from the iconic TV show The Golden Girls, this Lawrence Park family home mi... blogto.com Read More ... Someone is renting a bunk bed in Toronto and calling it a 'prestige accommodation' Despite rent prices in Toronto cooling off over the past few months, some landlords in the city continue to search for creative — and at times, que... blogto.com Read More ... Lavish Toronto house renting for $15k per month after controversial renoviction A house that recently hit Toronto's rental market for a whopping $15,750 per month has locals picking their jaws up off the floor, not because of t... blogto.com Read More ... Canadian housing starts fall News marks a sluggish start to the year mpamag.com Read More ... Asking rents hit new high in January Shelter costs continue to spike mpamag.com Read More ... What's next for the mortgage stress test? Industry giants have argued a change could be needed – but regulator shows no sign of budging mpamag.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 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. 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🤝 8th Feb 2024 - What To Know If You're Considering Buying A House With Friends!

💥 Thursday 8th February 2024 💥 Buyer Mistakes: FREE Report! GTA Real Estate Unveiled: Daily Highlights! "Empowering Your Home Tale: Reports & Hot New Listings!" "GTA Real Estate Unveiled: Daily Highlights" is your daily revelation into the most impactful updates in the Greater Toronto Area real estate market. Each day, we provide you with a curated selection of highlights that unveil 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 "Unveiled" series covers a wide range of topics, from uncovering market dynamics to revealing investment opportunities and expert analysis. Stay informed and make well-informed decisions with "GTA Real Estate Unveiled: Daily Highlights" as your trusted resource for navigating the dynamic GTA real estate landscape. What Unexplored Mistakes Can Occur When Home Buyers Neglect Thoroughly Researching Neighborhoods Before Purchase? Neglecting thorough research on neighborhoods before purchasing a home can lead to several unexplored mistakes and potential issues for home buyers. Here are some mistakes that can occur: Safety Concerns: Lack of research may result in buying a home in an area with a higher crime rate. Safety is a crucial factor, and understanding the crime statistics and safety of the neighborhood is essential. School Quality: Homebuyers with children should research the quality of schools in the area. Neglecting this aspect may lead to dissatisfaction with the educational options available for their children. Commute and Transportation: Failing to consider commute times and transportation options can result in unexpected challenges. Long commutes can significantly impact the quality of life, and limited transportation options may affect daily routines. Future Development Plans: Not researching future development plans for the neighborhood can lead to surprises. New developments or changes in zoning regulations may impact property values and the overall character of the area. Amenities and Services: Overlooking the availability of essential amenities and services (e.g., grocery stores, healthcare facilities, recreational spaces) in the neighborhood can affect convenience and lifestyle. Property Values and Resale Potential: Neglecting to investigate historical property values and the potential for future appreciation may impact the long-term investment potential of the home. Neighborhood Dynamics: Understanding the dynamics of the neighborhood, including demographics, community events, and the sense of community, is crucial for a comfortable living experience. Noise Levels and Environmental Factors: Failing to consider noise levels, environmental factors, and the overall ambiance of the neighborhood can result in dissatisfaction with the living environment. Resale Potential: Ignoring the resale potential of the property can lead to challenges when it comes time to sell. Understanding the market trends in the neighborhood is essential for future transactions. Homeowners Association (HOA) Rules: For properties within HOA-managed communities, not thoroughly understanding the rules and regulations can lead to conflicts and unexpected restrictions on property use. Local Regulations and Taxes: Not being aware of local regulations, zoning laws, and property taxes can lead to unexpected costs and limitations on property use. Accessibility and Infrastructure: Lack of research on the accessibility of the neighborhood and the condition of infrastructure may result in inconvenience and unexpected costs. Lack of Future Planning: Not considering future life changes, such as family expansion or downsizing, can lead to outgrowing or underutilizing the property. Conducting thorough research on neighborhoods is crucial to making an informed decision when buying a home. Homebuyers should leverage online resources, local expertise, and visits to the neighborhood to gather comprehensive information and avoid potential pitfalls. What to know if you're considering buying a house with friends A growing number of financially savvy Canadians have discovered a way to make homeownership more affordable by purchasing a home with their friends. In his financial advice column for CTVNews.ca, Christopher LIew explains the basics of how co-owning a home works, while outlining some of the pros and cons. ctvnews.ca Read More ... Bizarre rental listing for shared bedroom asks tenants to "use deodorant" | Urbanized A bizarre listing advertises a shared living space for $600 near Yonge and College Streets and asks that the renter use deodorant daily. dailyhive.com Read More ... ANALYSIS | Bank of Canada governor says interest rate relief won't deliver new housing supply | CBC News As inflation comes under control, there is a growing chorus calling on the central bank to cut interest rates, easing at least some affordability issues. But Bank of Canada governor Tiff Macklem says a lower interest rate isn't the silver bullet people are hoping for. cbc.ca Read More ... Canada's largest cities saw home sales surge in January - Mortgage Rates & Mortgage Broker News in Canada The year started with a jump in home sales in Canada's largest urban centres, with gains exceeding 30% in Toronto, Vancouver and Calgary. canadianmortgagetrends.com Read More ... Home sales surge in Canada's major cities to start the tear: Toronto, Vancouver, Calgary see over 30% gains - Mortgage Rates & Mortgage Broker News in Canada A surge in home sales across Canada's largest markets to kick off 2024 is unlikely to prompt the Bank of Canada to delay its probable interest rate cuts later this year. canadianmortgagetrends.com Read More ... Early signs of a housing market upturn emerge across Canada - RBC Thought Leadership January marked the second consecutive month residential transactions increased in major markets across Canada. The uptick seen in early results... thoughtleadership.rbc.com Read More ... Posthaste: Canada is underestimating the number of new homes needed — by a lot, says CIBC Canada's housing shortage boils down to a forecasting failure, says economist ca.finance.yahoo.com Read More ... A new report has identified the Ontario cities where house prices have fallen the most New homeowners may be “feeling the sting” of falling house prices in a number of Ontario cities, including Burlington, which fared the worst compared to other Canadian cities over the past 12 months, according to a recently released report. cp24.com Read More ... Toronto home sales surge almost 40%, but prices slip again Toronto’s benchmark home price declined for the seventh consecutive month in January, but a surge in home sales compared to the same period a year ago has the region’s real estate board warning that prices might not stay subdued for long. Overall, 4,223 sales were reported through the Toronto Regional Real Estate Board ‘s MLS system for the month, a 37 per cent increase from January 2023. The benchmark home price, meanwhile, slipped less than... msn.com Read More ... East Gwillimbury home prices plunge 7.3 per cent to $1.23 million in January 2024 Sales were up 106.3 per cent and active listings were up 3 per cent compared to a year ago yorkregion.com Read More ... Toronto real estate market sees January uptick as challenges persist - REM Despite a slight uptick in January sales, Toronto's real estate market still faces challenges ahead. Dive into the numbers with our latest analysis realestatemagazine.ca Read More ... Here's how much it costs to rent a one-bedroom apartment in Metro Vancouver this February Canada's top five priciest markets are located in Metro Vancouver. vancouverisawesome.com Read More ... UBC student commutes from Calgary -- cheaper than paying Vancouver rent Vancouver’s sky-high rental prices have forced many residents to find creative ways to be able to afford to live in the city. Turning to creativity is exactly what Tim Chen did to avoid paying rent in Vancouver. bc.ctvnews.ca Read More ... How Much Should You Be Spending on Rent in Canada Today? - Stocktrades Determining how much of one's income should go towards rent is a decision that requires balancing a personal budget with the stark realities of the housing market here in Canada.  Some Canadians will find the numbers in this article nearly impossible to achieve due to bloated housing prices. Think of people living in provinces like British Columbia or […] stocktrades.ca Read More ... Toronto Real Estate Recovery Will Takes Years, Not Months: BMO  - Better Dwelling One of Canada’s largest banks is telling investors Toronto real estate sales are back, but prices—not so much. Despite a huge jump in existing home sales across Greater Toronto in January, prices continued to slide lower. BMO explained to investors that the increased activity will prevent further declines, and even boost home prices in time. […] betterdwelling.com Read More ... This $3.4 million Vaughan home is mid-century modernism at its finest There's a reason mid-century modern design never goes out of style and here to prove it is 181 Gidleigh Park Cres. Originally commissioned by Les a... blogto.com Read More ... Real estate agent calls building 'worst condo in Toronto' and it's not what you're thinking With the sketchy fires, bloody hallways, and a thriving scamming scene, ICE condos has built up a horrifying reputation over the past few years. Bu... blogto.com Read More ... Rates can’t fix high housing costs, reiterates BoC chief Rate hikes aren't solely responsible for housing crisis, suggests Governor mpamag.com Read More ... Buying is now more affordable than renting in these Canadian cities Rising rents and failing mortgage rates are shifting market dynamics mpamag.com Read More ... Canada’s housing target misses the mark by millions: CIBC Overlooked population growth is one huge factor why mpamag.com Read More ... BoC’s Macklem anticipates housing market rebound in 2024 Still, there's a caveat… mpamag.com Read More ... Canadian home builders call for policy reforms amid rising interest rates and construction costs: CHBA - REM Top recommendations include 30-year amortizations for insured mortgages on new construction homes and a lower mortgage stress-test qualifying rate especially for longer-term mortgages realestatemagazine.ca Read More ... Is it better to buy or rent a home right now in Mississauga? | insauga As both rents and home prices increase, people in Mississauga might be wondering what the best option is right now. insauga.com Read More ... People are leaving Toronto in droves to buy cheaper houses elsewhere in Canada | Urbanized Re/Max's 2024 Tax Report, released Tuesday morning, outlines how people are fleeing Toronto and its overpriced housing scene. dailyhive.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 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 | 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