🤔 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... 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

🛣️ 1st Dec 2023 - Is Relocating To Edmonton The Next Big Thing In Canada's Housing Market?

★ Friday 1st December 2023 ★ FREE Report - Stop Paying Your Landlord's Mortgage! GTA Real Estate Heatwave: Daily Fuel! "Empowering Your Real Estate Dreams: Expert Reports & Exclusive Listings!" "Your GTA Real Estate Daily Dispatch" is your daily dispatch of the latest and most crucial updates in the Greater Toronto Area real estate market. Every day, we deliver a comprehensive overview of the hottest trends, market insights, and breaking news directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our daily dispatch covers a wide range of topics, from market dynamics to investment opportunities and expert analysis. Stay well-informed and make informed decisions with "Your GTA Real Estate Daily Dispatch" as your trusted resource in navigating the dynamic GTA real estate landscape. Can you provide guidance on the homebuying process in Toronto, including finding the right property, securing financing, and navigating legal procedures? The homebuying process in Toronto involves several key steps, from finding the right property to completing legal procedures. Here is a comprehensive guide to help you navigate the homebuying process in Toronto: Navigating the Homebuying Process in Toronto: 1. Define Your Budget: Assess your financial situation, considering income, expenses, and debts. Factor in additional costs like property taxes, utilities, and maintenance. 2. Get Pre-Approved for a Mortgage: Obtain pre-approval to understand your budget and enhance your offer's appeal. Work closely with a mortgage broker or lender to finalize mortgage details. 3. Hire a Real Estate Agent: Collaborate with an experienced agent familiar with the Toronto market. They will assist in finding suitable properties and provide market insights. 4. Property Search: Begin your search based on preferences such as location, size, and amenities. Attend open houses and schedule viewings with your agent. 5. Make an Offer: When you find a suitable property, work with your agent to prepare and submit an offer. Negotiate terms including price, closing date, and any conditions. 6. Home Inspection: Arrange a home inspection to assess the property's condition. Address any concerns with the seller or negotiate repairs. 7. Secure Financing: Finalize mortgage arrangements, ensuring all necessary documentation is provided. Understand mortgage terms, interest rates, and repayment details. 8. Legal Procedures: Hire a real estate lawyer to handle legal aspects. They will conduct a title search, review contracts, and ensure a smooth closing. 9. Closing: On the closing day, your lawyer will transfer funds, and you'll take possession. Ensure utilities are transferred, and you receive keys and necessary documents. 10. Move In: Plan your move, coordinate with movers, and update your address with relevant institutions. Settle into your new home. 11. Post-Move Considerations: Register for property tax rebates. Set up utilities and familiarize yourself with local services. Navigating legal procedures involves collaboration with your lawyer, ensuring all documentation is in order. A real estate agent's expertise is invaluable in finding the right property, negotiating, and guiding you through the Toronto market intricacies. Regular communication with your agent, lawyer, and mortgage professional is key for a smooth process. Always conduct due diligence at each step to make informed decisions. Is relocating to Edmonton the next big thing in Canada's housing market? The city's affordability has caught the eye of many out-of-province buyers of late mpamag.com READ MORE ... How REALTOR.ca is Making Home Buying More Transparent – CREA news2me.crea.ca READ MORE ... Cooling Inflation Data Are Good News for Canadian Mortgage Rates This week's Canadian mortgage news and tips from mortgage broker David Larock. movesmartly.com READ MORE ... A Toronto couple traded their city lives for a modernist, art-filled fort in Prince Edward County - Macleans.ca They wanted a one-level home where they could age in place macleans.ca READ MORE ... Tough times in the Canadian housing market: CIBC - REM Things haven’t been this bleak since the 1991 recession – high prices were sustained by few new listings as markets shift in buyers’ favour realestatemagazine.ca READ MORE ... Latest in mortgage news: Adult children of homeowners twice as likely to own a home - Mortgage Rates & Mortgage Broker News in Canada A key factor in determining whether an individual is likely to become a homeowner is whether or not their parents were property owners, a new study shows. canadianmortgagetrends.com READ MORE ... Half of young Canadians are fearing eviction: Habitat for Humanity Canada Read the full story and comment on stalbertgazette.com stalbertgazette.com READ MORE ... New condo prices in Toronto have dropped by double digits and developers are worried It's no wonder why home sales in and around Toronto have been tanking for months, but stakeholders are growing increasingly concerned with the snow... blogto.com READ MORE ... The Top Buyers’ and Sellers’ Markets Across Canada for Winter 2023 | Zoocasa Blog The arrival of winter is not just cooling the weather, but also housing market activity. Find out which Canadian cities currently favour buyers and which are favouring sellers in this market analysis of sales and new listings data. zoocasa.com READ MORE ... Homebuyers to seek out houses with rental potential to offset soaring mortgage costs Home prices expected to rise by 0.5% next year, Re/Max says ca.finance.yahoo.com READ MORE ... Should retirees pay off their mortgages with investments? - MoneySense A bank advisor tells a Just retired woman who’s wondering if using investments to pay off a mortgage is not a good idea. Is the advisor’s advice good advice? moneysense.ca READ MORE ... Someone in Toronto is renting out a makeshift room in their apartment for $800 per month Toronto's consistently unaffordable housing market means some landlords continue to search for creative (and in certain cases, questionable) ways t... blogto.com READ MORE ... This Nova Scotia castle is listed at under $1 million Former five-star bed and breakfast features crenellated battlements, a moat-like brook with a portcullis, and access to a nearby lake. stratfordbeaconherald.com READ MORE ... Building around nature: Getting homeowners excited to live sustainably - REM Cost savings are a huge driver for energy-efficient home purchases but, with time, the social impact could also be a point of great pride realestatemagazine.ca READ MORE ... House of the Week: $5.5 million for a technicolour Georgian in Moore Park surrounded by gardens At 3,800 square feet, the property comes with a basement sauna, a loft lit by skylight and a backyard with a grotto-style pool torontolife.com READ MORE ... Toronto home prices expected to decline even further in 2024 Given the jarring sluggishness of Toronto's real estate market in recent months, residents and realtors alike are wondering what next year will hol... blogto.com READ MORE ... Canadian Interest Rates 2 Points Higher Due To Gov Spending: Scotiabank - Better Dwelling Canadian policymakers have been spending like drunken sailors, and it’s going to cost households. Not just in the form of taxes and service reductions, but on their mortgage too. A new analysis from Scotiabank looked at just how much government spending drove inflation, and thus interest rates. They estimate the Bank of Canada (BoC) overnight […] betterdwelling.com READ MORE ... Canadian Real Estate Prices To Fall Over The Next Year: Scotiabank - Better Dwelling Canadian real estate has been in growth purgatory for nearly a year, and we should expect another. That’s the takeaway from Scotiabank’s macroeconomic scenarios in their Q4 2023 earnings report. The bank generally expects home prices to fall over the next year, and move much slower than usual in the following years.  Canadian Real Estate […] betterdwelling.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 Program + 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 • OLD Fan Page: Rent to Own Homes GTA • Facebook NEW Fan Page Blog • Instagram • LinkedIn • Pinterest • Twitter • Tumblr • Youtube • Client Testimonials 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