27th June 2023 - Greater Toronto Real Estate Insider: Daily Briefing

💥 Tuesday 27th June 2023 💥 Book Your FREE Consultation! Greater Toronto Real Estate Insider: Daily Briefing! "Your ultimate resource for informed decisions, FREE Reports, and the freshest Listings in the Market" Welcome to "Greater Toronto Real Estate Insider: Daily Briefing!" Our daily newsletter is your exclusive access to insider knowledge and insights in the Greater Toronto real estate market. We understand that being in the know is essential, and our newsletter delivers the most up-to-date information, market trends, and expert analysis straight to your inbox. Whether you're a buyer, seller, investor, or industry professional, our briefing covers a wide range of topics, including emerging neighborhoods, investment opportunities, market forecasts, and regulatory updates. Stay one step ahead and make informed decisions with our exclusive insider briefing. Subscribe now to "Greater Toronto Real Estate Insider: Daily Briefing!" and gain an edge in the competitive Greater Toronto real estate market. What are the benefits of booking a FREE consultation with a Toronto Agent? Booking a free consultation with a Toronto real estate agent can offer several benefits and provide valuable insights for your real estate journey. Here are some advantages of scheduling a consultation: Expert Advice: A real estate agent has in-depth knowledge of the Toronto market. They can provide expert advice tailored to your specific needs and goals. During the consultation, you can discuss your real estate objectives, whether it's buying, selling, or investing, and receive personalized guidance based on their expertise. Market Insights: A real estate agent stays up-to-date with the latest market trends, pricing dynamics, and neighborhood developments. They can provide you with valuable insights on market conditions, housing inventory, and emerging opportunities. Understanding the market can help you make informed decisions and identify the best strategies for buying or selling in Toronto. Customized Strategy: Based on your consultation, a real estate agent can develop a customized strategy that aligns with your goals and circumstances. Whether you're a buyer or a seller, they can help you navigate the complexities of the Toronto market, set realistic expectations, and develop an effective plan of action. Access to Listings: Real estate agents have access to a wide range of listings, including exclusive or pre-market properties. During the consultation, you can discuss your preferences, budget, and desired features, allowing the agent to curate a list of suitable properties tailored to your needs. This access can give you an advantage in finding the right home or investment opportunity. Negotiation Expertise: Real estate transactions involve negotiations, and an experienced agent can represent your interests and negotiate on your behalf. They can help you secure the best deal, whether you're buying or selling a property. Their negotiation skills and market knowledge can ensure you maximize your opportunities and achieve favorable outcomes. Guidance throughout the Process: A real estate agent provides guidance and support throughout the entire buying or selling process. From property search and showings to contract negotiation, paperwork, and closing, they can streamline the process and handle the administrative tasks, saving you time and minimizing stress. Network of Professionals: A reputable real estate agent typically has a network of trusted professionals, including mortgage brokers, home inspectors, lawyers, and contractors. They can provide referrals to reliable service providers who can assist you with various aspects of the real estate transaction. Booking a free consultation with a Toronto real estate agent allows you to tap into their expertise, market knowledge, and resources. It gives you an opportunity to assess their communication style, professionalism, and compatibility with your needs. Take advantage of this consultation to ask questions, gain clarity, and make an informed decision about whether to work with the agent to achieve your real estate goals in Toronto. 5 things you need to know before buying a pre-construction home in Ontario Purchasers in Ontario have to navigate a wealth of information during the home-buying process and if you choose to purchase a "pre-constructio... blogto.com READ MORE ... When will the Bank of Canada put the brakes on its rate-hike campaign? Economists weigh in on the possibilities for the central bank’s policy rate mpamag.com READ MORE ... Customizing the way homebuyers search fuels sales success Looking for a better homebuying search experience? Discover how AI is revolutionizing the search process and streamlining the journey for homebuyers with OneHome realestatemagazine.ca READ MORE ... BILD: A shift in mindset is necessary to build the homes Toronto needs In a few days, Torontonians will head to the polls to choose a new mayor. For many, housing is the key issue in this campaign, o.canada.com READ MORE ... Another week, another rise in fixed mortgage rates. How high could they go? - Mortgage Rates & Mortgage Broker News in Canada Another week and another round of fixed rate hikes have swept Canada's mortgage market. canadianmortgagetrends.com READ MORE ... What to know about buying property in the U.S. Canadians are the most common foreign buyers of property in the United States. But there can be a few hoops to jump through before closing. rates.ca READ MORE ... Surge of buyers speed up Canada’s housing market recovery: RBC report RBC Economics report finds sales growth in some Canadian markets while listings remain tight. o.canada.com READ MORE ... What to Ask Before Buying an Investment Property With Friends Thinking of buying an investment property with friends? Here are some important questions you should ask yourself first. hgtv.ca READ MORE ... Affordability challenges drive first-time homebuyers to make concessions Are you a first-time homebuyer struggling to afford the home of your dreams? A recent survey reveals some surprising trends.... realestatemagazine.ca READ MORE ... Spotlight: Stately end unit townhome in the “exclusive” Waterways of Muskoka community has it all Property includes deeded access to the Muskoka River and all the perks of low maintenance living newmarkettoday.ca READ MORE ... What a $5 Million House Looks Like in Toronto TORONTO, ON With interest rates rising and the housing market starting to cool, realtors are now calling it a buyer’s market. Nowhere is this more evident than in Toronto where a mere $5 million will [...] ungerreview.com READ MORE ... Victoria asks B.C. to clamp down on no-fault evictions, rent increases - Vernon Morning Star Capital UBCM resolution also hopes hopes province will boost biodiversity vernonmorningstar.com READ MORE ... These former Torontonians chose a more affordable Hamilton. Here's why they are here to stay | CBC News Torontonians go to the polls Monday to elect a new mayor, ending a campaign that saw Hamilton brought into the fold in discussions over Toronto's affordability. We speak to three people who moved to Hamilton from Toronto — and explain why they're glad they did. cbc.ca READ MORE ... Tiny home neighbourhood fought to stop now renting for $2,450 | Urbanized A tiny home at 456 Armadale Avenue just hit the market, offering 650 sq ft and renting for $2,450 per month. dailyhive.com READ MORE ... What are the top risks in Canada's mortgage market? Here are the big concerns… mpamag.com READ MORE ... Lina, 34, paid off a huge debt. Her biggest fear now? Her credit card The Toronto-based communications manager earns $65,000 annually, but pays $1,950 in rent, which eats up more than half of her take-home pay. toronto.com READ MORE ... Guelph tenant facing renoviction holds out hope of moving back in When Lauren Martin moved into her second-floor apartment on Guelph’s Eramosa Road seven years ago, her rent was $995 per month. Since then, her rent has gone up, but it guelphmercury.com READ MORE ... ANALYSIS | Will the Bank of Canada hike rates again? This week will decide | CBC News A wave of key economic data will be released this week. They'll show not just where the economy is but determine whether the Bank of Canada will continue to push ahead with interest rate hikes. cbc.ca READ MORE ... 5 Great Cottages for Sale in Ontario Looking for your own sweet spot in Cottage Country? Here are 5 great cottages for sale in Ontario – they're sure to go fast! blog.remax.ca READ MORE ... Canada’s Money Supply Is Growing At The Slowest Rate On Record - Better Dwelling Canadians are coming off a credit growth high, and while expected, it may not be pretty. Bank of Canada (BoC) data shows the M2++ broad money supply printed the lowest annual growth on record in April. That’s good news for tempering inflation, but bad news for the general economy.  M2++ Money Supply The M2++ is […] betterdwelling.com READ MORE ... B.C. homebuyers facing down payment pressure: Royal LePage Buyers getting financial assistance from family, looking at more affordable neighbourhoods biv.com READ MORE ... What are your rights as a tenant? How to rent your first home in Canada As a newcomer to Canada, it is likely that your first home will be a rented house or apartment. It is important to understand your rights as renter to ensure that renting your new home will provide you with a safe place where you can begin to adjust to your life in Canada. Discover if […] canadianinquirer.net 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, or Investing 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:   ManojAtri.com | ManojAtri.ca | SearchHousesForSale.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

26th June 2023 - Greater Toronto Real Estate Watch: Daily Highlights

★ Monday 26th June 2023 ★ Buy With Low Or Zero Down Payment! Greater Toronto Real Estate Watch: Daily Highlights! "Transforming the way you approach Home Buying and Selling with our FREE Reports and curated Listings." Welcome to "Greater Toronto Real Estate Watch: Daily Highlights!" Our daily newsletter is your trusted source for the most important highlights and updates in the Greater Toronto real estate market. We understand that staying informed is crucial, and our team curates the most relevant and impactful news to keep you in the loop. Whether you're a buyer, seller, investor, or industry professional, our highlights cover a wide range of topics, including market trends, new listings, sales data, and expert insights. Stay on top of the latest developments and make informed decisions with our daily dose of highlights. Subscribe now to "Greater Toronto Real Estate Watch: Daily Highlights!" and stay informed about the dynamic Greater Toronto real estate market. Is it really possible to Buy a Home in Toronto with a Low or Zero Down Payment? Buying a home in Toronto with a low or zero down payment is possible, but it's important to understand the options available and the potential implications. Here are a few avenues to explore: Government Programs: In Canada, there are government programs designed to assist first-time homebuyers with their down payment. For example, the Home Buyers' Plan (HBP) allows individuals to withdraw up to $35,000 from their Registered Retirement Savings Plan (RRSP) to use as a down payment, which can be repaid over time. Additionally, there are programs like the First-Time Home Buyer Incentive (FTHBI), which offers shared-equity mortgages to help lower the upfront costs. Mortgage Loan Insurance: Mortgage loan insurance, provided by entities such as the Canada Mortgage and Housing Corporation (CMHC), can enable buyers to obtain a mortgage with a lower down payment. With mortgage loan insurance, lenders are protected against default risks, allowing them to offer mortgages with down payments as low as 5%. However, it's important to note that mortgage loan insurance comes with additional costs, such as insurance premiums. Down Payment Assistance Programs: Some organizations and municipalities offer down payment assistance programs to eligible buyers. These programs provide grants, loans, or other forms of financial assistance to help individuals achieve homeownership with a lower down payment. Research local programs in Toronto or consult with a mortgage professional to explore available options. Vendor Financing or Rent-to-Own: In certain cases, sellers may be willing to offer vendor financing, where they provide financing to the buyer directly, allowing for a lower down payment. Rent-to-own arrangements can also be an option, where a portion of the rent is credited towards the down payment over a specific period, enabling buyers to accumulate savings while renting. It's important to consider that low or zero down payment options may have certain drawbacks. They can result in higher mortgage payments, longer repayment terms, or additional costs such as mortgage loan insurance premiums. Additionally, stricter qualification criteria may apply for low down payment programs. Consulting with a mortgage professional or a reputable real estate agent is essential when exploring low or zero down payment options. They can guide you through the process, evaluate your eligibility, and help you understand the potential risks and benefits associated with each option. Remember, while low or zero down payment options can make homeownership more accessible, it's crucial to assess your financial situation, evaluate the long-term affordability, and consider the impact of potential interest rates and housing market fluctuations before committing to a mortgage. What happens if you only pay interest on your home? As elevated interest rates hit the housing market, some people have been extending their amortization period out several decades and are only paying interest on their homes. ctvnews.ca READ MORE ... I want to be a millionaire by 50, and I'm trying apps that let me invest as little as $10 in real estate I hope to retire by 50, and I know an important step is diversifying my income. Real estate investing apps are an easy way to get started with that. msn.com READ MORE ... Barrie among 36 cities where homes are unaffordable for renters The Point2Homes report lists Barrie among 36 Canadian cities where home prices are out of reach for those renting. iheartradio.ca READ MORE ... This $5 million Markham home has a huge sunken living room you'll never want to leave If you're a lover of mid-century design, then you know the coolest thing you could ever have in your house is a sunken living room.  The sunken liv... blogto.com READ MORE ... Condo of the Week: $1.7 million for a West Queen West unit with a pandemic-proof oasis on its roof The 1,500-square-foot property comes with hidden doors, 10-foot ceilings, three bathrooms and Japandi flair torontolife.com READ MORE ... Metro Vancouver renters could take the hit as condo investments become less viable | CBC News According to data from the Canadian Mortgage and Housing Corporation, condos owned and rented out by private investors make up about 40 per cent of all market-rate apartments in Metro Vancouver.  cbc.ca READ MORE ... Srivindhya Kolluru: My mortgage lender says I’ve hit my ‘trigger rate.’ What does that mean, and what are my options? The steep rise in the cost of borrowing is proving a major burden for Canadian households. thespec.com READ MORE ... Inheritance and Gifts: A Necessary Bridge for Canada's First-Time Homebuyers According to a new survey by Royal LePage, over a third of first-time homebuyers in Canada received a lump sum thedeepdive.ca READ MORE ... Toronto landlord is renting an apartment for 'student girls' to share a room for $600 a month As if the renting situation in Toronto couldn't get any worse, a recent Reddit post showing a now-removed Facebook Marketplace rental shows just ho... blogto.com READ MORE ... Viral video compares Vancouver house prices to celebrity mansions and it's not pretty Would you rather a home in Mount Pleasant or Jason Derulo's mansion? vancouverisawesome.com READ MORE ... This Toronto home is $3.5 million and only has two bedrooms Luxury homes come in all shapes and sizes. Some are sprawling mansions with more bathrooms than days of the week. Others are penthouse condos with ... blogto.com READ MORE ... These are the most popular Canadian cities on Instagram: report A new report has unveiled the most Instagrammable cities in Canada, with Toronto taking the lead as the most popular city on Instagram, accumulating over 55 million hashtags. ctvnews.ca READ MORE ... Ottawa has almost no private-market affordable housing: CMHC | CBC News A new indicator from Canada Mortgage and Housing Corporation shows there are close to zero private rental units that are affordable for the lowest income households in Ottawa. cbc.ca READ MORE ... Are starter homes still affordable? Here’s how to break into the market - National | Globalnews.ca Breaking into Canada's housing market is no easy task. Here's what to look for in your starter home, including why not every property you can afford is right for you. globalnews.ca READ MORE ... Hamilton House of the Week: This five-room bungalow is a charming lakeside refuge | inTheHammer This place: This is a waterfront detached bungalow with five rooms including a finished basement. A charming refuge in the city, it has recently been renovated and offers a rare opportunity to live next to Lake Ontario where there is a boat launch and marina services. A private deck and patio provide stunning views of sunrises […] insauga.com READ MORE ... This Week’s Top Stories: Canadian Real Estate Is A Systemic Risk, & Further Rate Hikes Expected - Better Dwelling Time for your cheat sheet on this week’s top stories. Canadian Real Estate Four Reasons Canada’s Real Estate Bubble Is A Systemic Banking Risk Canada’s banks have a reputation for being some of the most prudent in the world, but it’s tarnishing fast. After going all-in on real estate, they’re now exposed to significant risks […] betterdwelling.com READ MORE ... Are laneway houses a solution for Alberta’s housing crisis? Laneway houses are detached secondary suites built into pre-existing lots, usually in the backyard or an opening into a back lane. msn.com READ MORE ... Politicians point fingers on Canada’s housing crisis - Vernon Morning Star But there are calls for co-ordinated action across levels of government vernonmorningstar.com READ MORE ... 6 Most Expensive Homes in Saskatoon Housing sales in Saskatoon are well above long-term averages, according to the Saskatchewan Realtors Association (SRA). saskatoon.ctvnews.ca READ MORE ... This mysterious Toronto estate is back on sale for $4 million Set back from busy Queen St. West, this stately two-storey home has become somewhat of an anomaly among the towering condo buildings, businesses, a... blogto.com READ MORE ... Starter homes hardly exist in Canada anymore but here's where you can still buy one Back in our parents' and grandparents' day, buying a small starter home in the Toronto area for around two to three times your annual household inc... blogto.com READ MORE ... Everyone Expects Rates To Be Cut, So They’re Climbing Even Higher  - Better Dwelling Advanced economies like Canada are experiencing something that hasn’t been seen since the early 80s—no one believes Central Banks. It doesn’t matter how hard the Bank of Canada (BoC) or US Federal Reserve (the Fed) tries, most people don’t see them playing the tough guy. Few are tapering their demand from levels seen during record […] 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, or Investing 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:   ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent to Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile â€¢ OLD Fan Page: Rent to Own Homes GTA • Facebook NEW Fan Page Blog • Instagram â€¢ 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