🔄 17th Jan 2024 - Fixed Or Variable Mortgage Rate: Which Should You Choose In 2024?

💥 Wednesday 17th January 2024 💥 FREE Home Evaluation Toronto GTA GTA Real Estate Elixir: Daily Insights! "Navigating Success: Insightful Reports & Exclusive New Listings!" "GTA Real Estate Elixir: Daily Insights" is your daily potion for the most potent and sought-after insights in the Greater Toronto Area real estate market. Each day, we distill the hottest trends, market insights, and critical updates, delivering them directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Daily Insights" cover a wide range of topics, from brewing market dynamics to selecting investment opportunities and expert analysis. Stay revitalized and well-informed with the market's elixir through "GTA Real Estate Elixir: Daily Insights" as your trusted resource for navigating the dynamic GTA real estate landscape. How long does a free home evaluation typically take, and what is the process involved? The duration of a free home evaluation can vary based on several factors, including the size and condition of the property, the complexity of the evaluation process, and the specific approach used by the real estate professional conducting the evaluation. However, a typical free home evaluation often takes approximately 30 minutes to an hour. Here's a general overview of the process involved in a free home evaluation: Initial Contact: You reach out to a real estate agent or company offering free home evaluations. This can often be done through their website, a phone call, or an in-person visit. Scheduling an Appointment: The real estate professional schedules a convenient time to visit your property and conduct the evaluation. This may involve coordinating with your availability. Property Inspection: During the evaluation, the real estate professional visits your home and conducts a thorough inspection. They assess various aspects of the property, including its size, condition, layout, features, and any recent renovations or improvements. Comparative Market Analysis (CMA): The real estate professional performs a Comparative Market Analysis (CMA), comparing your property to similar properties in the neighborhood that have recently sold or are currently on the market. This analysis helps determine the fair market value of your home. Consideration of Unique Features: The professional considers any unique features or upgrades your property may have that could impact its value. These could include recent renovations, special amenities, or distinctive architectural elements. Local Market Trends: The real estate professional takes into account current market trends and conditions in the local real estate market. This includes factors like supply and demand, recent sales data, and economic indicators that may influence property values. Discussion and Recommendations: After the evaluation, the real estate professional discusses their findings with you. They provide a recommended listing price based on their assessment of your property's value and the prevailing market conditions. They may also offer insights into strategies for optimizing your property's appeal to potential buyers. Documentation: In some cases, the real estate professional may provide documentation summarizing the evaluation and the recommended listing price. This documentation can serve as a reference and may be useful if you decide to move forward with selling your property. It's important to note that while a free home evaluation is a valuable service for understanding your property's market value, the final decision on the listing price remains yours. Additionally, obtaining evaluations from multiple real estate professionals can provide you with a broader perspective on your property's value in the current market. Fixed or variable mortgage rate: Which should you choose in 2024? - MoneySense After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current and prospective home owners. moneysense.ca READ MORE ... The most expensive cities in Ontario for rent this month | insauga Apartment rents increased to record levels across Canada last year but some cities and towns are more expensive than others in Ontario. insauga.com READ MORE ... Average rent in Canada continues to rise anually for third month The cost of rent in Canada is treacherous, and new data shows it’s continuing to get more expensive to secure an apartment. nowtoronto.com READ MORE ... Asking rents in Canada reach record high in 2023 Rates jumped 22 per cent over last two years, representing an average monthly increase of $390 cambridgetoday.ca READ MORE ... Rent Increases: all residential property types in Canada increased by 9% in 2023. By Staff January 16, 2024 BURLINGTON, ON   The National Rent Report charts and analyzes monthly, quarterly and annual rates and trends in the rental market on a national, provincial, and munic… burlingtongazette.ca READ MORE ... Here's how much it cost to rent an apartment in Ottawa in December The January rent report from Rentals.ca and Urbanation shows the average cost to rent a purpose-built apartment or condominium in Ottawa was $2,228 in December 2023, down from $2,238 in November. ottawa.ctvnews.ca READ MORE ... This is Where Home Prices Are Dropping Most in Canada This Winter If you’re in the market to buy or sell a home, staying informed about market trends is crucial. A newly released Zoocasa report, which examined 21 prominent home markets across the country, indicates a three percent national decline in the $760,600 benchmark price for Canadian real estate markets since June 2023. “Toronto, Vancouver, Ottawa, and […] The post This is Where Home Prices Are Dropping Most in Canada This Winter appeared first on HGTV... msn.com READ MORE ... Brampton home sales offer glimpse into recent real estate market 'bloodbath' Whether you’re looking to purchase a home or trying to sell one, it’s tough out there. Byers and sellers are being understandably cautious with everyone worried about interest rates. Two homes on the same northwest Brampton street that were up for sale 2 1/2 years apart had significantly different selling prices, showing just how much the real estate market has changed. X user @ShaziGoalie, who regularly posts “weird and wonderful happenings” in... msn.com READ MORE ... Condo of the Week: $4 million for an ivory penthouse in Port Credit steps from the waterfront The 4,000-square-foot unit comes with two family rooms, a wraparound balcony and a verdant rooftop patio torontolife.com READ MORE ... Year-over-year Ontario real estate prices are stable Average prices for single-family homes in Ontario were up 0.9 per cent in December, compared to December of 2022, figures released by the Canadian Real Estate Association Monday show. cambridgetoday.ca READ MORE ... Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023. However, experts say they remain cautious about the timing and scale of a potential rebound. CREA updated its 2024 housing forecast on Monday as it also […] halifax.citynews.ca READ MORE ... Ottawa aggregate home prices rose 4.8% in 2023 but fell in Q4, Royal LePage says The aggregate price of a home was $754,700 at the end of December, the real estate company said. While that was up from the start of the year, it represented a 1.1 per cent decrease from the third quarter, Royal LePage said. obj.ca READ MORE ... Canadian housing starts jumped 18% in December - National | Globalnews.ca The national housing agency says the seasonally adjusted annual rate of housing starts for December was 249,255 units, up from 210,918 in November. globalnews.ca READ MORE ... Year-over-year Ontario real estate prices are stable Average prices for single-family homes in Ontario were up 0.9 per cent in December, compared to December 2022, figures released by the Canadian Real Estate Association show haltonhillstoday.ca READ MORE ... Calgary real estate to see increased inventory | CityNews Calgary A Calgary real estate expert expects sidelined buyers to resume their home searches this year amid likely rate cuts by the Bank of Canada. calgary.citynews.ca READ MORE ... Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution Year-over-year Canadian home sales jumped in December despite an overall slump in buying, reminiscent of the years following the 2008 housing crisis, according to data from the Canadian Real Estate Association. iheartradio.ca READ MORE ... Three strategic opportunities for Canada’s real estate industry in 2024 - REM This year, real estate leaders should make new investments in advocacy, fight for higher professional standards and champion the homeownership dream for all Canadians realestatemagazine.ca READ MORE ... 2023 sets record for the worst year for home sales in the GTA in 23 year - OMNI According to the Toronto Regional Real Estate Board, 2023 was the worst year for home sales in the Greater Toronto Area since 2000. omnitv.ca READ MORE ... BC residents not losing homes due to high mortgage interest rates, yet “The banks are doing everything they can not to foreclose." infotel.ca READ MORE ... Spotlight: Deep freeze in December Guelph real estate market Beth and Ryan Waller, Guelph REALTORS® discuss the slow December market and what's to come in the near future. guelphtoday.com READ MORE ... Asking rents jump 8.6% in December to hit record $2,178 on average: report A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but marked an 8.6 per cent jump year-over-year. ctvnews.ca READ MORE ... Toronto rental prices have dipped slightly. Could a property tax hike change that?   | CBC News Toronto's average rental price appears to be plateauing around the $2,800 per month mark, new data shows, but there are some concerns a proposed property tax increase could see that price climb. cbc.ca READ MORE ... Canadian Single Detached Home Starts Decline 25% In 2023 The latest data from the Canada Mortgage and Housing Corporation (CMHC) indicates that Canada saw housing starts decline in 2023, thedeepdive.ca 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 ... 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

🏡 16th Jan 2024 - Royal Lepage Predicts Canadian House Prices Will Climb 5.5 Per Cent This Year!

💥 Tuesday 16th January 2024 💥 Master The Art of For Sale By Owner! Daily GTA Real Estate Buzz: Hot Picks! "Your Blueprint for Home Success: Reports & the Latest, Desirable Listings!" "Daily GTA Real Estate Buzz: Hot Picks" is your daily guide to the most buzzing and sought-after updates in the Greater Toronto Area real estate market. Each day, we curate a collection of hot picks that showcase the most trending topics, market insights, and critical updates delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Hot Picks" cover a wide range of topics, from buzzing market dynamics to selecting investment opportunities and expert analysis. Stay informed and make well-guided decisions with "Daily GTA Real Estate Buzz: Hot Picks" as your trusted resource for navigating the dynamic GTA real estate landscape. What are some strategies for pricing my property competitively when selling "For Sale By Owner" in Toronto? Selling a property "For Sale By Owner" (FSBO) in Toronto requires careful consideration of pricing strategies to attract potential buyers. Here are some effective strategies for pricing your property competitively: Conduct a Comparative Market Analysis (CMA): Research recent sales of similar properties in your neighborhood. A CMA helps you understand the current market trends and the prices at which comparable properties have sold. Consider Market Conditions: Take into account the current real estate market conditions in Toronto. Is it a buyer's market, seller's market, or a balanced market? Market conditions can impact your pricing strategy. Set a Realistic Listing Price: Avoid overpricing your property. Buyers are likely to ignore listings that are priced significantly higher than comparable properties. Set a realistic and competitive listing price from the start. Factor in Upgrades and Renovations: If your property has undergone significant upgrades or renovations, consider these improvements when determining the listing price. Highlighting these features can justify a slightly higher price. Get a Professional Appraisal: Hiring a professional appraiser can provide an objective and unbiased assessment of your property's value. This can be valuable information when setting a competitive price. Calculate the Cost per Square Foot: Calculate the cost per square foot of your property. This metric helps buyers compare the value of your property with others in the area. Ensure that the cost per square foot aligns with market norms. Be Open to Negotiation: Acknowledge that buyers often expect to negotiate the price. Price your property slightly higher than your minimum acceptable price to allow room for negotiation. Highlight Unique Selling Points: If your property has unique features or amenities, use them to your advantage when pricing. Emphasize these points to make your property stand out in the market. Monitor Comparable Listings: Stay informed about other FSBO and agent-listed properties in your area. Monitoring comparable listings can help you adjust your pricing strategy if needed. Offer Incentives: Consider offering incentives to attract buyers, such as covering closing costs or including certain furnishings. These incentives can make your property more appealing. Be Mindful of Days on Market (DOM): Properties that remain on the market for an extended period may be perceived as overpriced or undesirable. Monitor the days on market and adjust your pricing strategy if necessary. Use Online Tools and Resources: Leverage online tools and resources to gather information about recent sales and market trends. Websites, such as real estate portals and local property databases, can provide valuable insights. Seek Feedback from Potential Buyers: If you're not getting offers, seek feedback from potential buyers. Understanding their concerns or perceptions of value can help you make informed adjustments to your pricing strategy. Consult with Real Estate Professionals: Even if you're selling FSBO, consider consulting with real estate professionals. They can provide guidance on pricing, market conditions, and effective marketing strategies. Remember that pricing is a critical factor in the success of your FSBO sale. By adopting a strategic approach and staying informed about market dynamics, you increase the likelihood of attracting interested buyers and achieving a successful sale in the competitive Toronto real estate market. Royal LePage predicts Canadian house prices will climb 5.5 per cent this year Canadian house prices are expected to climb about 5.5 per cent by the end of the year, a 2024 forecast from real estate firm Royal LePage says. therecord.com READ MORE ... 7 Ways To Save When Hiring a Home Improvement Contractor Done with DIY? Here’s how you can save some cash when it’s time to call in a pro. moneytalksnews.com READ MORE ... Rent in Toronto declines for third month in a row: report The average price to rent an apartment in Toronto has declined for the third month in a row, according to a monthly report by Rentals.ca. cp24.com READ MORE ... House of the Week: $3.1 million for an Etobicoke sanctuary with a saltwater pool The 3,500-square-foot property comes with a game's room for adults, a floating staircase, a theatre and a big backyard torontolife.com READ MORE ... Client still won’t buy? How to avoid the buyer’s emotional roller coaster pitfalls - REM How you manage their stress will be the difference between a successful, transaction and long-term clients who tell their friends about their amazing agent realestatemagazine.ca READ MORE ... Asking rents jump 8.6% in December to hit record $2,178 on average: report A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but marked an 8.6 per cent jump year-over-year. ctvnews.ca READ MORE ... Need to know: Renting in a rooming house in Ontario Tenants should be aware of how renting in a rooming house differs from having roommates or renting out an entire home. toronto.citynews.ca READ MORE ... Posthaste: Why Canada's housing market could rebound sooner than many expect Buyers will come back before the Bank of Canada cuts rates, says Royal LePage ca.finance.yahoo.com READ MORE ... Canada’s housing market hit an ‘unexpected surge’ heading in 2024. Will it last? - National | Globalnews.ca Canadian home sales picked up steam unexpectedly in December, with one CREA economist saying buyers and sellers came together to get deals done before the end of 2023. globalnews.ca READ MORE ... These cities had biggest new selection of homes for sale in Ontario | insauga With a sluggish market, house-hunters haven't had as many new places to choose from in cities across Ontario. insauga.com READ MORE ... Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023. ctvnews.ca READ MORE ... Canadian house prices ended 2023 higher despite weaker activity Royal LePage believes a market rebound will occur in the current quarter wealthprofessional.ca READ MORE ... Home prices from last quarter rise 4.3% YoY, anticipation for market shift amid potential rate cuts: Royal LePage - REM Buyers in the wings will likely start looking this quarter before expected Bank of Canada interest rate cuts happen realestatemagazine.ca READ MORE ... Relisting at a Higher Price – Does It Work? Selling a home can be tough due to pricing or higher costs. In a balanced market, relisting is more common. blog.remax.ca READ MORE ... Toronto skyscraper makes list of most exciting projects set to complete in 2024 The world is taking notice of the development boom reshaping Toronto's skyline, with one local skyscraper under construction now considered among t... blogto.com READ MORE ... Year-over-year Ontario real estate prices are stable Average prices for single-family homes in Ontario were up 0.9 per cent in December, compared to December of 2022, figures released by the Canadian Real Estate Association Monday show stratfordtoday.ca READ MORE ... Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023. However, experts say they remain cautious about the timing and scale of a potential rebound. CREA updated its 2024 housing forecast on Monday as it also […] toronto.citynews.ca READ MORE ... Canadian home sales jump in December; 2023 sales fall 11.1% Canadian home sales rose in December to end the year on an upbeat note after the market was buffeted by higher borrowing costs in 2023, data from the Canadian Real Estate Association showed on Monday. "While December did offer up a bit of a surprise in sales numbers to cap the year, the real test of the markets’ resilience will be in the spring," Larry Cerqua, chair of CREA, said in a statement. The Bank of Canada has said it could start lowering rates from a 22-year high of 5% this year if core inflation comes down as predicted. ca.finance.yahoo.com READ MORE ... Complaints soar as Enbridge customers face catch-up bills in the thousands | CBC News It wasn't the Christmas gift Karim Guirguis was hoping for. On Dec. 27, the Ajax, Ont., man woke up to a surprise bill from Enbridge Gas for more than $1,600. He's one of a growing number of Ontarians raising concerns about infrequent meter readings and inaccurate billing. cbc.ca READ MORE ... Canadian Real Estate Markets Improved, But Price Are Still Falling: BMO - Better Dwelling Cheaper financing and talk of the end of rate hikes improved markets across the country. Canadian Real Estate Association (CREA) data shows rising home sales in December. Diving into the data revealed a much more mixed picture though, with perceived improvements masking further erosion from last year. The conditions have economists at BMO warning investors […] betterdwelling.com READ MORE ... Home sales expected to rebound as rate cuts begin, but experts urge caution | Advisor.ca Meanwhile, asking rents jumped 8.6% in December to hit record $2,178 advisor.ca READ MORE ... National home sales see first monthly increase since June Is the market about to heat up? mpamag.com READ MORE ... Here's how much an average Toronto home will cost by the end of 2024 After a dismal year of sales, realtors at at least one major brokerage are still maintaining faith that Toronto's housing market (and its prices) w... blogto.com READ MORE ... Canada real estate: Home prices up 4.3% in Q4, with higher prices expected in 2024 "It's quite remarkable that we could have the volume of sales drop by some 20%, and yet home prices have stayed essentially flat," says Royal LePage. ca.finance.yahoo.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. If you no longer wish to receive these Emails, please Unsubscribe Here