🤔 20th Dec 2023 - Is Airbnb Really Causing The Housing Crisis?

💥 Wednesday 20th December 2023 💥 Quick Easy Fix-Ups: FREE Report! Curated GTA Real Estate Thrills! "Crafting Your Real Estate Triumph: Reports & Irresistible Listings!" "Curated GTA Real Estate Thrills" is your go-to source for the most thrilling and impactful updates in the Greater Toronto Area real estate market. Each edition delivers a curated selection of thrilling trends, market insights, and critical updates directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, "Curated GTA Real Estate Thrills" covers a wide range of topics, from electrifying market dynamics to thrilling investment opportunities and expert analysis. Stay on the edge and make well-informed decisions with "Curated GTA Real Estate Thrills" as your trusted resource for navigating the dynamic GTA real estate landscape. How can these fix-ups enhance the overall appeal and marketability of my GTA home? Engaging in fix-ups or home improvements can significantly enhance the overall appeal and marketability of your Greater Toronto Area (GTA) home. Here's how: First Impressions Matter: Exterior improvements, such as landscaping, a well-maintained lawn, and a freshly painted front door, contribute to a positive first impression. This can attract potential buyers and make your home stand out in online listings and during showings. Curb Appeal: A well-maintained exterior not only attracts attention but also increases curb appeal. A property with attractive curb appeal is more likely to be viewed positively by potential buyers. Interior Updates: Modernizing the interior with updates like fresh paint, new flooring, and modern fixtures can make your home feel more current and appealing. Neutral colors can help potential buyers envision the space as their own. Kitchen and Bath Improvements: Kitchens and bathrooms are key selling points. Upgrading countertops, cabinets, or appliances in the kitchen, and improving fixtures or adding modern tiles in bathrooms, can significantly enhance the perceived value of your home. Energy Efficiency: Energy-efficient features, such as updated windows, doors, and insulation, not only make your home more environmentally friendly but can also be attractive to buyers seeking long-term cost savings. Storage Solutions: Adequate storage space is a major selling point. Consider adding built-in storage solutions or optimizing existing closets to showcase the home's organizational potential. Smart Home Technology: Integrating smart home features, such as a smart thermostat or security system, can add a modern touch and appeal to tech-savvy buyers. Proper Home Maintenance: Addressing any needed repairs and maintenance demonstrates that your home has been well-cared for. Buyers are more likely to feel confident about a property that appears to be in good condition. Staging: Proper staging allows potential buyers to visualize the full potential of each room. It involves arranging furniture, decor, and lighting to highlight the best features of your home. Photography and Virtual Tours: High-quality photography and virtual tours showcasing the improvements can attract more online views. In the digital age, a visually appealing online presence is crucial for drawing in potential buyers. Enhanced Home Value: Improvements can potentially increase your home's market value, allowing you to set a higher asking price. Market Competitiveness: In a competitive market, a well-maintained and updated home has a better chance of standing out and attracting multiple offers. Before undertaking any significant improvements, it's wise to consult with a real estate professional who can provide insights into which improvements are likely to offer the best return on investment in your specific market. Is Airbnb Really Causing the Housing Crisis? A report from the Conference Board of Canada suggest Airbnb and its industry rivals did not create the housing crisis. blog.remax.ca Read More ... Here's why prospective first-time buyers should open a First Home Savings Account before Dec. 31 - Mortgage Rates & Mortgage Broker News in Canada The new First Home Savings Account (FHSA) is being hailed by some as "the greatest deal in the history of Canadian savings.” canadianmortgagetrends.com Read More ... Rents are rising faster in Quebec than in the rest of the country: report The average posted price for a housing rental rose at an annual rate of over 10 per cent in November in Quebec, higher than the Canadian average. iheartradio.ca Read More ... First Source – Smart bridge lending in turbulent times How First Source is adapting in this high rate environment mpamag.com 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 ... Local buyers bunkering down, says region's real estate assoc. president Average house price for Collingwood area dips below $700K orilliamatters.com Read More ... Wealthy Homebuyers Are Driving Up Prices in This Under-the-Radar Ski Town in New Hampshire In the Granite State's Waterville Valley, home prices have increased 121 percent over the past three years. ca.finance.yahoo.com Read More ... House near Toronto sold three times in two years shows just how much prices fluctuate A detached home in Brampton that's been sold three times over the past two years shows just how much home prices in the GTA can change year-over-ye... blogto.com Read More ... Private lending: What should brokers be keeping in mind? Broker on the key factors at play in the current private space mpamag.com Read More ... A new normal for Canadians: The way of mortgages today - REM Though the Bank of Canada announced its final rate hold of 2023, the industry has changed with 10 rate hikes since March 2022 realestatemagazine.ca Read More ... REALTORS® help shape Canada’s housing landscape for nearly four decades - REM TagsBCREACMHCCREAPACPAC DaysRealtors REM AdvertorialsShare realestatemagazine.ca Read More ... B.C. realtors fined over $300K for selling home without owner's consent The unoccupied five-bedroom, six-bathroom property sold for $1.7 million in 2019 nationalpost.com Read More ... This is How Much You Need to Earn to Buy a House Following November Price Fluctuations in Canada | To Do Canada In November 2023, Canadian housing markets generally saw an improvement in affordability despite a slight increase in mortgage rates. Data from Ratehub.ca indicates that the average required... Read more » todocanada.ca Read More ... Posthaste: Are we at bottom yet? Five key questions for Canada's housing market Canada’s housing market is hunkering down for a cold winter. The downturn had spread and most markets are now in “correction mode,” as higher interest rates , a lack of affordability and economic uncertainty keep buyers out of the market, said Royal Bank of Canada economists Robert Hogue and Rachel Battaglia. Home sales are fallen 13 per cent since last spring, almost wiping out gains from the rebound after the Bank of Canada paused rates early... msn.com Read More ... On the Brink: How a tight rental market makes it easier for landlords to discriminate | Globalnews.ca Amid the housing crisis, a community legal worker with Dal Legal Aid says the tight rental market is making it easier for landlords to discriminate against prospective tenants. globalnews.ca Read More ... Annual rent increases slowing as average asking price reaches $2,174 in November A report says the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4 per cent increase year-over-year. thestar.com Read More ... Renters tighten purse strings as prices in Alberta grow at fastest pace in 40 years | CBC News Rent is the latest necessity being severely affected by inflation, federal data suggests. In Alberta, rental prices have increased in the past year at a pace not seen since the early 1980s. cbc.ca Read More ... Complaints about rats in social housing rise Complaints about infestations are increasing - a housing official says some landlords blame tenants. ca.news.yahoo.com Read More ... 8 Types of Companies That Look at Your Credit Report Federal law lets these entities peek at your credit — regardless of whether you’re borrowing money. moneytalksnews.com Read More ... Canadian Mortgage Rates Are Set to Drop Again (Thanks to the US Fed) The year ends with a likely change to the higher-for-longer interest-rate view, latest mortgage news from mortgage broker David Larock. movesmartly.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... 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