🏹 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

🏘️ 13th Dec 2023 - Ontario Town To Sell Properties For $10 To Keep The Dream Of Owning A Home Alive!

💥 Wednesday 13th December 2023 💥 Buy With Low or Zero Down Payment - FREE Report! Daily GTA Real Estate Roar! "Your Gateway to Real Estate Success: Reports & the Latest Listings!" "Daily GTA Real Estate Roar" is your daily roar into the heart of the Greater Toronto Area real estate market. Each day, we bring you a powerful compilation of the most impactful 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 Roar" covers a wide range of topics, from dominating market dynamics to seizing investment opportunities and expert analysis. Stay engaged and make well-informed decisions with "Daily GTA Real Estate Roar" as your trusted resource for navigating the dynamic GTA real estate landscape. Can a mortgage broker help me if I have a low credit score or unique financial circumstances? Yes, a mortgage broker can be particularly helpful if you have a low credit score or unique financial circumstances. Mortgage brokers are financial professionals who act as intermediaries between borrowers and lenders, helping individuals secure mortgage loans. Here's how a mortgage broker can assist you in such situations: Access to a Wide Network of Lenders: Mortgage brokers often work with a network of lenders, including traditional banks, credit unions, and alternative lenders. This diverse network increases the chances of finding a lender who is willing to work with borrowers with low credit scores or unique financial situations. Understanding of Lender Requirements: Mortgage brokers are familiar with the specific requirements of various lenders. They can help you navigate through the lending landscape and identify lenders that are more flexible in their criteria. Customized Solutions: Mortgage brokers can tailor their approach to your unique financial circumstances. They can explore different mortgage products, such as government-backed loans or specialized programs, that might be suitable for your situation. Credit Improvement Strategies: If your credit score is a concern, a mortgage broker can offer advice on strategies to improve your credit before applying for a mortgage. This may include guidance on paying down debt, addressing inaccuracies in your credit report, or taking other actions to boost your creditworthiness. Negotiation Skills: Mortgage brokers are skilled negotiators. They can negotiate with lenders on your behalf to secure favorable terms, even if your credit score is not ideal. This may involve negotiating lower interest rates, more flexible repayment terms, or finding a lender willing to overlook certain financial challenges. Streamlining the Application Process: Mortgage brokers can streamline the mortgage application process by handling paperwork, communications with lenders, and ensuring that your application is presented in the best possible light. This can be especially valuable when dealing with unique financial situations. It's important to note that while mortgage brokers can be very helpful, they may charge fees for their services. These fees can vary, so it's essential to discuss compensation arrangements upfront. Additionally, it's crucial to work with a reputable and experienced mortgage broker who understands the local market and has a track record of helping clients in similar situations. Ontario town to sell properties for $10 to keep the dream of owning a home alive Sure, there are still some places in Ontario where you can purchase a home for fairly cheap compared to the GTA, but one town takes the cake for th... blogto.com READ MORE ... House in Brampton goes for $1.8M under the asking price | inBrampton Brampton was named in the top 10 most affordable places to buy a home, and one place went for $1.8 million under the asking price in 2023. insauga.com READ MORE ... Canadian “Systemic Risk” Due To CLP Mortgages Is Bigger Than You Think - Better Dwelling Canada’s problems with a little-known risky mortgage product are more significant than expected. OSFI, the country’s bank regulator, has targeted combined loan plans (CLPs) for the past few years. CLPs enable interest-only payments, allowing borrowers to carry mortgage debt perpetually. The regulator called these a “systemic risk” that inflates home prices, so it’s clearly a […] betterdwelling.com READ MORE ... Canadian Mortgage Rates Peaked, Won’t Go Back To 2019 Levels: BMO - Better Dwelling North American interest rate hikes are now largely out of the picture, and rate cuts are the new story. That was the take from BMO after the Bank of Canada (BoC) announced a hold on the 6th, with the US Federal Reserve expected to do the same on the 13th. Now the question on everyone’s […] betterdwelling.com READ MORE ... Realtors, Tell Us The Biggest Secret You've Ever Kept From A Client From haunted houses to awful neighbors, we wanna know the secrets you've been keeping. ca.sports.yahoo.com READ MORE ... 8-foot-wide Toronto home on market for $1 million has the internet divided An eight-foot-wide home recently listed in Toronto for nearly $1 million has the internet divided on whether or not the quirky space justifies its ... blogto.com READ MORE ... Bank of Canada Is Pushing A False Real Estate Narrative To Divert Blame: BMO - Better Dwelling Canadians briefly thought the country’s central bank was owning up to, and correcting its mistakes. That pipedream had a bucket of cold water poured on it Thursday, as Bank of Canada (BoC) deputy governor Gravelle’s speech referred to a “long standing housing supply issue.” Adopting a popular but false political narrative didn’t sit right with […] betterdwelling.com READ MORE ... Bank regulator maintains uninsured mortgage stress test rate | CityNews Toronto TORONTO — Canada’s banking regulator says it has left the stress test rate for uninsured mortgages unchanged. The Office of the Superintendent of Financial Institutions says the minimum qualifying rate for uninsured residential mortgages will remain the greater of 5.25 per cent, or the mortgage contract rate plus two per cent. Uninsured mortgages are generally […] toronto.citynews.ca READ MORE ... Bank Watchdog Keeps Rule That’s Slowing Canada’s Mortgage Market (Bloomberg) -- Canada’s banking regulator maintained the qualifying test it imposes on mortgage borrowers, keeping pressure on the nation’s prospective home buyers.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneGoldman Trader Paid $100 Million Since 2020 Is Stepping DownArgentina’s Milei Devalues Peso by 54% in First Batch of Shock MeasuresNetflix Posts Viewer Data on Every Show, Film for First TimeRaimondo Vows ‘Strongest Possible’ Action on Huawei’s Ch ca.finance.yahoo.com READ MORE ... Here’s how much house you can get for $400k in Oakville, Burlington and Milton - inHalton | Local Online News If you only have $400,000 to spend on a house, that money won’t get you very far in Halton–especially in Oakville. According to a recent report by Point2Homes, $400,000–which is about half the price of the average home in Ontario (as of October, that number sits at $855,990)–won’t buy residents much in the GTA.  The […] inhalton.com READ MORE ... Houses in these Oakville and Burlington neighbourhoods are getting ‘low-ball’ offers - inHalton | Local Online News While housing in Oakville and Burlington (and the Halton Region overall) is expensive (according to data recently released by the Toronto Regional Real Estate Board, the average home price in the region sits at $1,208,950), some neighbourhoods are seeing buyers bidding $100,000 or more under the median price.  According to real estate company Wahi, three […] inhalton.com READ MORE ... Are rents coming down? Latest figures in Oakville and Burlington think so - inHalton | Local Online News For the first time since the pandemic peak, rental asking prices are starting to slow down, both nationally and in Oakville and Burlington. Asking rents for all residential property types in Canada averaged $2,174 in November, a slight decrease of 0.2 per cent since October, according to Rentals.ca and Urbanation’s latest National Rent Report. The […] inhalton.com READ MORE ... B.C. couple faces $600-a-month rent hike when their baby becomes new ‘occupant’ | Globalnews.ca B.C.'s Housing Minister, Ravi Kahlon, told Global News Monday that this couple's landlord should "give himself a head shake" but he is in a legal position to do this. globalnews.ca READ MORE ... Mortgage stress test to remained unchanged in Canada - National | Globalnews.ca The stress test for both insured and uninsured mortgages in Canada remains unchanged, the country's banking regulator and finance minister confirmed. globalnews.ca READ MORE ... Co-living apartments about to open amid housing crunch | CBC News A developer is watching whether purpose-built apartments for roommate living on the Ottawa River will prove popular before deciding whether to repeat the experiment. cbc.ca READ MORE ... Despite slowdown in Toronto and Vancouver, asking rents still up 8% from last year - Mortgage Rates & Mortgage Broker News in Canada Rent prices moderated slightly in November, but remain 8% higher compared to a year ago and over 20% from two years ago. canadianmortgagetrends.com READ MORE ... Some homeowners who managed to buy last year are bleeding money—the worst hit have lost more than $100,000 in value as price corrections “pummel” dozens of cities Renters today may be completely locked out of the market, but many big-city buyers who bought last year now owe more than their home is worth ca.finance.yahoo.com READ MORE ... BC home prices resilient in 2023: BCREA | CityNews Vancouver The BC Real Estate Association says that despite softening sales in the province, home prices have been "remarkably resilient" in 2023. vancouver.citynews.ca READ MORE ... Vancouver landlord acted in bad faith in attempted eviction for caretaker use | CBC News Vancouver property management company Plan A Real Estate Services acted in bad faith when it tried to evict a tenant to make space for a live-in building caretaker, B.C.’s Residential Tenancy Branch has found. cbc.ca READ MORE ... Sask. reports 5th consecutive month of above average home sales, furthering inventory issues Home sales in Saskatchewan have increased for a fifth consecutive month, leading to more inventory issues among the market’s most affordable listings. regina.ctvnews.ca READ MORE ... House of the Week: $2.5 million for a former cobbler's home in King City This 2,300-square-foot property comes with beamed ceilings and a bathroom made of marble as well as a stone grill and a cabana in the backyard torontolife.com READ MORE ... Enormous 85-storey condo tower proposed to transform Toronto intersection An ambitious proposal has resurfaced with a new, taller design more than three years since first tabled with Toronto city planners. The updated pro... blogto.com READ MORE ... Ex-sister-in-law bare trustee denied order to sell jointly-owned property - REM Applicant chose to assist her brother and respondent, agreeing to be a bare trustee rather than a joint owner with rights, powers and obligations realestatemagazine.ca READ MORE ... Two jobs, no money: How mortgage rates have pushed one Toronto father to the brink - Macleans.ca For the last year-and-a-half, I’ve worked my day job from 7:30 a.m. to 3:30 p.m., then headed to the restaurant to start my night shift. I work 75 hours a week and we’re still scrambling to keep up with our payments. macleans.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 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