🔝 5th April 2024 - Home Prices Could Reach Peak Levels By Next Year, Set New Highs In 2026: CMHC Report

💥 Friday 5th April 2024 💥 From Listing To Closing: 9 Step System! Toronto's Real Estate Spotlight: Daily Hot Picks! "Your Blueprint to Home Triumph: Expert Reports & Hot New Listings!" "Toronto's Real Estate Spotlight: Daily Hot Picks" shines a light on the most enticing opportunities in the Toronto real estate market every day. With our curated selection of hot picks, you'll stay informed about the properties and trends that are making waves in the city. Whether you're a buyer, seller, investor, or simply interested in the market, our daily spotlight provides valuable insights to help you make informed decisions. Stay ahead of the curve and discover the best of Toronto's real estate scene with "Toronto's Real Estate Spotlight: Daily Hot Picks." What are some common pitfalls or challenges that sellers encounter between listing their property and completing the closing process, and how can they navigate these effectively? Sellers may encounter several common pitfalls or challenges between listing their property and completing the closing process. These include: Overpricing the Property: Setting an unrealistic listing price can deter potential buyers and prolong the time on the market. Sellers should work with their real estate agent to accurately price their home based on comparable sales in the area to attract qualified buyers. Neglecting Home Staging and Presentation: Failing to stage the home or present it in its best light can hinder buyer interest. Sellers should declutter, depersonalize, and make necessary repairs to enhance the appeal of their property and create a favorable first impression. Limited Marketing Exposure: Inadequate marketing exposure can limit the pool of potential buyers and result in a longer time on the market. Sellers should work with their agent to employ a comprehensive marketing strategy that utilizes online listings, professional photography, virtual tours, and social media promotion to reach a broad audience of qualified buyers. Ignoring Feedback and Market Trends: Disregarding feedback from potential buyers or failing to adjust the marketing strategy based on market trends can impede the sale process. Sellers should actively solicit feedback from showings, stay informed about market conditions, and be willing to make necessary adjustments to remain competitive. Poor Communication with Buyers and Agents: Lack of communication or delays in responding to inquiries from buyers or their agents can lead to missed opportunities or misunderstandings. Sellers should maintain open and timely communication with all parties involved in the transaction to ensure a smooth and transparent process. Neglecting Home Inspections and Repairs: Neglecting to address known issues or delaying necessary repairs identified during the home inspection can cause delays or even jeopardize the sale. Sellers should promptly address any issues raised during the inspection and be prepared to negotiate repairs or concessions with the buyer to keep the transaction on track. Underestimating Closing Costs and Expenses: Sellers may underestimate the closing costs and expenses associated with selling their home, including agent commissions, legal fees, and transfer taxes. It's essential for sellers to budget accordingly and be prepared for these expenses to avoid last-minute surprises. Emotional Attachment to the Property: Emotional attachment to the home can cloud judgment and lead to unrealistic expectations or resistance to feedback from buyers. Sellers should try to detach emotionally from the property and focus on the goal of achieving a successful sale at the best possible price. To navigate these challenges effectively, sellers should work closely with their real estate agent, stay informed about market conditions, and remain flexible and proactive throughout the selling process. By addressing potential pitfalls early and taking proactive steps to mitigate risks, sellers can increase their chances of a successful sale and a smooth closing process. Home prices could reach peak levels by next year, set new highs in 2026: CMHC report The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026. The agency’s latest housing market outlook, released Thursday, says despite an increase in rental housing coming on the market in 2023, supply is not forecast to keep up […] toronto.citynews.ca READ MORE ... Opinion: Are fixed mortgage rates poised to rise? Here's why I think so. - Mortgage Rates & Mortgage Broker News in Canada It seems that the Canadian bond market has a spring in its step these days. After hitting a low around 3.26% in January, the Government of Canada 5-year bond yield—which typically leads fixed mortgage rates—finished Tuesday's session at 3.63%. canadianmortgagetrends.com READ MORE ... Take steps to pay off your mortgage quickly Breaking News, Sports, Manitoba, Canada winnipegfreepress.com READ MORE ... Toronto home prices rise, but sales slow in March Toronto home prices rose in March, but sales declined compared to a year ago, something TRREB attributed in part to Good Friday. Read on. financialpost.com READ MORE ... This $5 million Toronto laneway house features studio space and a huge roof patio Tucked in a little known Toronto lane lies an extremely rare opportuntity.  Recently listed for $4,895,000, 14 and 16 Skey Lane is a four-unit mult... blogto.com READ MORE ... Ottawa pitches $1.5B rental protection fund to buy apartments - National | Globalnews.ca The federal government unveiled a $1.5-billion fund to provide loans and grants to non-profits in an effort to buy affordable apartments to control rents. globalnews.ca READ MORE ... Calgary's already tight rental market expected to be squeezed even further in 2024 and 2025 | CBC News If you're one of the many Calgarians struggling to find an affordable place to rent in the city, there may be some relief on the horizon — in 2026. cbc.ca READ MORE ... House of the Week: $4.3 million for a Mississauga home with a floating bathtub and a backyard office The 7,800-square-foot property also comes with four fireplaces, Douglas fir beams, a climate-controlled wine cellar and a workshop garage torontolife.com READ MORE ... How a Toronto couple turned their creepy basement into a swanky speakeasy - Macleans.ca “Now we have a club in our basement.” macleans.ca READ MORE ... Homes prices up in Waterloo Region in March but sales remain slow, Realtors say | Globalnews.ca The Waterloo Region Association of Realtors says that 596 homes changed hands last month, which is down from 3.2 per cent from 2023, and 33.4 per cent over the previous five years. globalnews.ca READ MORE ... Ottawa luxury home sales market cooled off to start the year, report says Ottawa saw a 7 per cent decrease in home sales over $1.2 million in January and February, the only Canadian region to see a decline in year-over-year luxury home sales this year. ottawa.ctvnews.ca READ MORE ... Homeowners hit with vacant home tax bill say they’re frustrated, distressed after missing deadline to declare Mary Walker said she got a “bit of shock” when she opened up a piece of mail from the City of Toronto last month, informing her that she owed more than $2,500 in taxes for the “vacant” Scarborough condo where she currently resides. cp24.com READ MORE ... 'Enough competition': House prices up in Burlington but down in Oakville as sales and new listings increase in both municipalities, new real estate report shows Are you buying? Selling? insidehalton.com READ MORE ... Toronto group home operator fears being unable to comply with city rules without more funding | CBC News An operator of unlicensed group homes that cater to vulnerable residents in Toronto says she can't comply with new city rules meant to regulate rooming houses without additional funding. cbc.ca READ MORE ... In 2 days, Toronto received over 43,000 complaints from homeowners about vacant home tax bills | CBC News The City of Toronto says it has received more than 43,000 complaints this week about its vacant home tax notices of assessment from homeowners who claim their properties were occupied last year. cbc.ca READ MORE ... This $4 million Toronto house got a serious makeover If we're talking glow-ups when it comes to real estate, this four-bedroom, six-bathroom right in the heart of Trinity Bellwoods has had a pretty ep... blogto.com READ MORE ... Toronto's housing affordability crisis just hit the worst level in the city's history Toronto's housing market may have slowed down last year due to high interest rates, but as the city starts to see the gradual return of buyers, aff... blogto.com READ MORE ... People in Toronto complain of unfair vacant home tax process that is costing some thousands Many Toronto homeowners are suddenly being confronted with thousands of dollars in unexpected vacant home taxes this month after the declaration de... blogto.com READ MORE ... Is It Worth Renovating Before Selling Your Home? Follow these tips to get the most bang for your buck when it’s time to sell your home. moneytalksnews.com READ MORE ... Toronto house prices: the latest There are mixed signals in the city mpamag.com READ MORE ... Revealed – why Canada's housing crisis will continue Real estate giant speaks out mpamag.com READ MORE ... The Move: In Ontario, she worked three jobs. In Alberta, she's mortgage-free - Macleans.ca After selling her Kitchener townhouse for $730,000, Odette Karlsson bought a new-build townhouse in Lacombe, Alberta, for half the price—and paid off her debts in the process. 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 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

🔚 4th April 2024 - A B.C. Landlord Asked For Double The Rent And Then Tried To Kick Out Their Tenant!

💥 Thursday 4th April 2024 💥 Buyer Mistakes: FREE Report! Daily GTA Real Estate Pulse: Latest Hot Trends! "Crafting Your Real Estate Success: Informed Reports & Coveted Listings!" "Daily GTA Real Estate Pulse: Latest Hot Trends" is your go-to source for staying in tune with the dynamic rhythms of the Greater Toronto Area (GTA) real estate market. Each day, we deliver the latest trends, insights, and developments that are shaping the GTA's real estate landscape. Whether you're a prospective buyer, seller, investor, or industry enthusiast, our daily pulse keeps you informed about the hottest trends driving the market. Stay ahead of the curve and tap into the heartbeat of GTA real estate with "Daily GTA Real Estate Pulse: Latest Hot Trends." What Subtle Yet Detrimental Mistakes Do Home Buyers Often Make During the Initial Property Search? During the initial property search, homebuyers may unknowingly make subtle yet detrimental mistakes that can impact their homebuying experience and the outcome of their purchase. Some common mistakes include: Neglecting to Define Needs vs. Wants: Failing to prioritize needs versus wants can lead to unrealistic expectations and dissatisfaction with potential properties. Homebuyers should identify their must-have features and amenities before starting their search to narrow down their options effectively. Skipping Pre-Approval: Skipping the pre-approval process can be a critical mistake as it provides insight into how much homebuyers can afford and demonstrates their seriousness to sellers. Getting pre-approved for a mortgage before house hunting helps streamline the buying process and strengthens buyers' negotiating position. Overlooking Hidden Costs: Homebuyers may focus solely on the purchase price of a home without considering additional costs such as property taxes, homeowners insurance, maintenance, and closing costs. Overlooking these hidden expenses can lead to financial strain and unexpected budgetary challenges down the line. Ignoring Location Considerations: The location of a property is crucial and can significantly impact the home's value, accessibility, and lifestyle. Homebuyers should carefully research neighborhood amenities, school districts, commute times, and future development plans to ensure the location aligns with their needs and preferences. Rushing the Decision: Making a hasty decision without thoroughly researching the market, touring multiple properties, and considering all factors can lead to buyer's remorse. Homebuyers should take the time to conduct due diligence, weigh their options, and seek guidance from real estate professionals before making a final decision. Foregoing Home Inspections: Skipping a comprehensive home inspection to save time or money can be a costly mistake. Home inspections uncover potential issues or defects that may not be apparent during a walkthrough, allowing buyers to make informed decisions and negotiate repairs or concessions with sellers. Getting Emotionally Attached: Falling in love with a property before thoroughly evaluating its suitability can cloud judgment and lead to impulsive decision-making. It's essential for homebuyers to remain objective, consider multiple options, and focus on practical considerations rather than solely on aesthetics or emotions. Underestimating Future Needs: Homebuyers should consider their long-term lifestyle and anticipate future needs such as growing families, changing work situations, or aging in place. Choosing a home that meets current and future needs can prevent the need for premature relocation or costly renovations down the road. Not Working with a Real Estate Professional: Attempting to navigate the homebuying process alone without the guidance of a knowledgeable real estate agent can leave homebuyers vulnerable to pitfalls and mistakes. Experienced agents provide valuable expertise, negotiation skills, and market insights to help buyers make informed decisions and achieve their goals. Avoiding these subtle yet detrimental mistakes can help homebuyers navigate the property search process more effectively and increase their chances of finding the right home at the right price. A B.C. landlord asked for double the rent and then tried to kick out their tenant The tenant said the landlord's notice came just one month after a jaw-dropping rental increase request. vancouverisawesome.com Read More ... Once a tenant-friendly haven, Quebec is now waging a class war on renters By cutting lease transfers, the province with the highest percentage of renters in Canada just made it easier for landlords to hike rents ricochet.media Read More ... Will counting rent for credit score help if home prices stay high? What we know - National | Globalnews.ca Prime Minister Justin Trudeau announced last week the measures would aim to amend the Canadian Mortgage Charter in an effort to make it more fair for renters. globalnews.ca Read More ... B.C.’s first-time homebuyers program threshold increased British Columbians looking to purchase their first homes will have access to more savings, with incentives in ... vernonmatters.ca Read More ... 50 Top Canada Housing Market Statistics for 2023 | RealInsights Check out these top Canadian real estate statistics for 2023, from national and provincial rental rates, to price per square foot and more. gta-homes.com Read More ... City says licencing ‘one step’ in regulating short-term rentals in Winnipeg New regulations around short-term rentals are now in place in Winnipeg and some who have had negative experiences with the online-lodgings hope the new regulations will help calm what they called a ‘free-for-all.’ Morgan Modjeski reports. winnipeg.citynews.ca Read More ... Home sales in Toronto, Vancouver down in March | Advisor.ca Toronto sales down 4.5%, Vancouver down 4.7% advisor.ca Read More ... Brampton home prices slip 0.5 per cent to $1.03 million in March 2024 Sales were down 15.6 per cent and active listings were up 44.3 per cent compared to a year ago bramptonguardian.com Read More ... B.C. proposes protections for renters and landlords alike | CBC News The province announced amendments intended to protect people from bad-faith evictions, lengthy rental disputes and rent increases when a child is added to a household. cbc.ca Read More ... Single-family homes market sees bigger buy in Edmonton Buyers in Edmonton’s resale, single-family detached home market are getting kind of a big deal for their dollars compared with other major Canadian cities, a new study shows. National realty brokerage Zoocasa released a study comparing average single-family detached home prices in major cities with the national average price for all housing types. And Edmonton ranked among the most affordable markets, trailing only Quebec City, Winnipeg, Saint... msn.com Read More ... B.C. government targets 'profiteers' with legislation to bring in 20% flipping tax VICTORIA — British Columbia has tabled legislation to enact a 20 per cent flipping tax on those who sell their home within the first year of ownership. elliotlaketoday.com Read More ... Greater Toronto Home Sales Declined 4.5% In March Home sales in the Greater Toronto Area (GTA), Canada’s biggest housing market, declined 4.5% in March from a year earlier. The Toronto Regional Real Estate Board (TRREB) said that 6,560 homes changed hands in March compared with 6,868 in the same ... baystreet.ca Read More ... Home sales surge over 35% as prices increase in Mississauga | insauga The latest real estate numbers are in and Mississauga is seeing increased activity after a lull. insauga.com Read More ... 'Enough competition': House prices up in Burlington but down in Oakville as sales and new listings increase in both municipalities, new real estate report shows Are you buying? Selling? insidehalton.com Read More ... Toronto home prices rise, but sales slow in March Toronto home prices rose in March, but sales declined compared to a year ago, mixed results that the region’s real estate board attributed in part to an extra statutory holiday in the month. According to monthly figures from the Toronto Regional Real Estate Board (TRREB), benchmark home prices rose by 2.5 per cent month over month and 0.3 per cent year over year to $1,121,615. The number of homes that changed hands, however, slipped 4.5 per cent... msn.com Read More ... As homeownership costs hit a new high, RBC predicts affordability challenges for years to come - Mortgage Rates & Mortgage Broker News in Canada Housing affordability in most major markets continued to worsen in the fourth quarter despite a slight easing of home prices. canadianmortgagetrends.com Read More ... Opinion: Are fixed mortgage rates poised to rise? Here's why I think so. - Mortgage Rates & Mortgage Broker News in Canada It seems that the Canadian bond market has a spring in its step these days. After hitting a low around 3.26% in January, the Government of Canada 5-year bond yield—which typically leads fixed mortgage rates—finished Tuesday's session at 3.63%. canadianmortgagetrends.com Read More ... Toronto-area home sales down in March, competition hikes prices up: board | CBC News The Toronto Regional Real Estate Board says Greater Toronto home sales in March were down 4.5 per cent from last year, but there was enough competition between buyers that the average home price rose moderately year-over-year. cbc.ca Read More ... This $5 million Toronto laneway house features studio space and a huge roof patio Tucked in a little known Toronto lane lies an extremely rare opportuntity.  Recently listed for $4,895,000, 14 and 16 Skey Lane is a four-unit mult... blogto.com Read More ... Condo tower proposed to loom tall above High Park in Toronto A new proposal could shake up the landscape of Bloor Street West across from Toronto's lush High Park, planned to rise 17 storeys on the doorstep o... blogto.com Read More ... Rental payments in credit scores: Could it backfire? Critics warn proposal fails to address affordability and could harm struggling renters mpamag.com Read More ... Trudeau offers billions to boost homebuilding – with strings attached Canada's provinces to remove barriers mpamag.com Read More ... What You Need to Disclose When Selling Your Home Find out what you must disclose when putting your home on the market and why it matters. moneytalksnews.com Read More ... Toronto Real Estate Prices Surge Despite Fewest Sales Since 2009 - Better Dwelling Last month provided more evidence that Canadian real estate markets are credit driven. Toronto Regional Real Estate Board (TRREB) data shows home prices made a massive jump in March. Was it fewer listings and strong sales that drove a typical home’s price almost $20k higher in a single month? Nope, it was just good old […] 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 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 | SearchHousesForSale.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