29th May 2023 - Curated GTA Real Estate News: Stay Ahead!

★ Monday 29th May 2023 ★ Rent-To-Own Homes Toronto Curated GTA Real Estate News: Stay Ahead! "Toronto Real Estate Update: Daily Recap of the Hottest Market News" Welcome to "Curated GTA Real Estate News: Stay Ahead!" Our daily newsletter is your exclusive source for curated news, insights, and updates in the fast-paced Greater Toronto Area real estate market. We understand that staying ahead is crucial, and that's why our team of experts handpicks the most relevant and impactful stories to keep you well-informed and ahead of the curve. Whether you're a buyer, seller, investor, or industry professional, our curated news brings you the latest market trends, emerging neighborhoods, investment opportunities, and expert perspectives. Don't waste time searching through countless sources – we do the work for you. Subscribe now and let our curated GTA Real Estate News be your guide to staying ahead and making informed decisions in this dynamic market. How does the Rent-To-Own Option help me build Equity while Renting? The rent-to-own option can provide an opportunity to build equity while renting through a portion of the monthly rent being allocated towards the eventual purchase of the property. In a typical rent-to-own agreement, a portion of the rent payment, known as the "rent credit" or "option money," is set aside as a credit towards the future down payment or purchase price of the home. This means that over the course of the rental period, you are effectively saving towards homeownership. As you consistently make rental payments and accumulate rent credits, you gradually build equity in the property. This is advantageous because traditional renting usually does not offer the same wealth-building potential. Instead of simply paying rent and not gaining any financial stake, the rent-to-own option allows you to work towards homeownership while enjoying the benefits of renting. Furthermore, during the rental period, you may have the opportunity to improve your credit score and financial situation, which can be beneficial when it comes time to secure a mortgage for the property. By demonstrating responsible financial behavior and maintaining a good rental payment history, you enhance your chances of qualifying for a mortgage and securing more favorable loan terms. It's important to note that the specific terms of each rent-to-own agreement can vary, so it's crucial to thoroughly review and understand the contract, including the rent credit allocation and the eventual purchase price of the property. Working with a trusted real estate professional or legal advisor can help ensure that the rent-to-own agreement aligns with your goals and interests. Re/Max What Qualifies as a First-Time Homebuyer in Canada? What qualifies as a first-time homebuyer in Canada, and do you qualify for the various rebates, incentives and programs? blog.remax.ca READ MORE >> Daily Hive Someone is renting a room in a cluttered Canadian basement for $800 a month (PHOTOS) | Canada A recent listing is asking $800 per month to live in a shared basement apartment, where the tenant would have access to just one room. dailyhive.com READ MORE >> CTV News Can't afford your mortgage? Here's what you need to know before you sell your home Mortgage delinquencies are expected to rise by more than one-third of current levels over the next year, according to some economists. If you anticipate being unable to make your payments and decide to sell your home, here's what an expert says you should consider. ctvnews.ca READ MORE >> O Canada Edmonton is best place for singles to buy a condo Zoocasa says the Alberta capital is singularly affordable, with down payments of less than $10,000 possible for a single person. o.canada.com READ MORE >> CBC News B.C. extends reach of property tax aimed at turning empty houses into rental homes | CBC News British Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don't sit empty. cbc.ca READ MORE >> Insauga House of the Week: This upgraded luxury townhouse has 7 rooms in Oakville | inHalton This Place: With a lot overlooking a park, this seven-room three-storey stunner has multiple upgrades throughout. Price: $1,149,000 Address: 220 Squire Cres., Oakville Beds: 3 Baths: 4 Lot Dimensions: 16.25 x 83.66 ft Taxes: $4,027.79 Features: This home has above the standard builder package with an extra two-piece bath on the main floor, oversized great Room, backsplash in kitchen, is freshly painted […] insauga.com READ MORE >> Toronto Sun LACKIE: Busy Spring in Toronto Real Estate This has been a busy, bustling spring for the Toronto real estate market. torontosun.com READ MORE >> Electric City Magazine A woman sold an apartment to a world cruise for 3 years, and now it's in flux MV Gemini with Life at Sea Cruises The cruise announced in March, with plans to sail around the world, is now in limbo. Potential occupants paid down electriccitymagazine.ca READ MORE >> blogTO $14 million home in Toronto comes with more parking spaces than bathrooms This $14 million home located at 9 Campbell Crescent is nestled in the heart of Toronto's prestigious Hoggs Hollow neighbourhood, and comes with mo... blogto.com READ MORE >> Better Dwelling Canadian Mortgage Delinquencies Begin To Climb, A Lot More Are Brewing - Better Dwelling Canadian real estate might be seeing higher prices, but more buyers can’t pay their bills. Equifax data reveals the mortgage delinquency rate climbed in Q1 2023. Households are also increasingly falling behind on payments, a sign that further mortgage delinquencies are in the pipeline. This is occurring as lenders scramble to extend the length of […] betterdwelling.com READ MORE >> Calgary Herald Sales surge in Canada’s real estate market led by Ontario, B.C. Home sales soared to start the busy spring market in April with Ontario leading the way. Canadian Real Estate Association numbers from May show sales jumped by 11 per cent month over month, reaching their highest level since last June. Sales were higher in eight of 10 provinces, a report by TD Economics noted. Ontario saw the largest jump at 19 per cent followed by British Columbia at 16 per cent. Alberta also saw strong activity with sales... msn.com READ MORE >> Re/Max What Qualities Are Important to Canadians in a Real Estate Agent? A great real estate agent can make your house-hunting experience much less stressful and confusing, lending their expertise and advice. blog.remax.ca READ MORE >> Re/Max How Much Tax do I Pay When Selling My Home in Canada? How much tax do you pay when selling a home in Canada? Here are three taxes you might pay upon the sale of your property. blog.remax.ca READ MORE >> Canadian Mortgage Trends Nearly 40% of homebuyers choosing short-term fixed-rate mortgages: CMHC - Mortgage Rates & Mortgage Broker News in Canada With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years. canadianmortgagetrends.com READ MORE >> Wealth Professional CMHC warns of potential for spike in mortgage defaults CMHC has provided a snapshot of the home loan market which shows some different choices are being driven by current conditions wealthprofessional.ca READ MORE >> Better Dwelling Canadian Banks Report 1 In 4 Mortgages Are 35 Years Or Longer  - Better Dwelling Canadian first time home buyers are 36 years old on average. That means they won’t have that starter condo paid off by the time they retire, according to recent bank reports. Four of the Big Five banks reported a large share of their portfolio had amortizations longer than 30 years in Q2 2023. Most of […] betterdwelling.com READ MORE >> O Canada Even with pressure on housing costs, homes remain a solid investment Real estate columnist Dennis Faulkner expects to see a steady increase in home prices over the coming five years. o.canada.com READ MORE >> Re/Max How Do Realtor Fees Work? One of the most common questions for homebuyers in Canada is how do Realtor fees work? Who pays, when, and how? blog.remax.ca READ MORE >> GTA Homes - Real Insights 2023 Federal Budget Aims to Help Homebuyers and Owners The 2023 Federal Budget introduces Tax-Free First Home Savings Account (FHSA) and Mortgage Protections for Canadians. gta-homes.com READ MORE >> CTV News Americans should be exempt from Canada's foreign housing tax, members of Congress say A bipartisan group of U.S. lawmakers is urging the State Department to ask that Americans be exempted from Canada's tax on foreign property owners. ctvnews.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 Toronto GTA. Contact me today!" Click Here For Hot New Current Available Toronto Real Estate Board [TREB] 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. GTA Toronto How does Rent-To-Own Homes work? Visit: http://www.manojatri.com/tour_homes  | Click Here for Power of Sale GTA Listings. Manoj Atri, REALTOR®  Experienced Toronto Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credit Low or Zero down With Cash Back | Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 C: [416] 275-2089 | O: [416] 494-7653 | E: 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 • Pinterest • Tumbler Instagram • Twitter • Facebook • LinkedIn • Youtube • Client Testimonials © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here

27th May 2023 - Stay Ahead: Curated GTA Real Estate News!

★ Saturday 27th May 2023 ★ Toronto Homes Buying And Selling Reports! Stay Ahead: Curated GTA Real Estate News! "Mastering the art of Real Estate in the GTA, one Newsletter at a Time" Stay ahead of the game with our curated GTA Real Estate News! Our daily newsletter is your reliable source for handpicked news, insights, and trends in the Greater Toronto Area real estate market. We understand that time is precious, so we scour the web and bring you the most relevant and impactful stories directly to your inbox. Whether you're a buyer, seller, investor, or industry professional, our curated news keeps you well-informed and empowered to make informed decisions. From market updates and emerging neighborhoods to investment opportunities and expert opinions, we cover a wide range of topics to ensure you stay ahead in the fast-paced GTA real estate landscape. Subscribe now and let us be your guide to staying ahead with our curated GTA Real Estate News! The Power of Knowledge: Essential Buying and Selling Reports for Toronto Homes! Discover the power of knowledge with our essential buying and selling reports for Toronto homes. We understand that making informed decisions is crucial in the real estate market, and our comprehensive reports provide you with the knowledge you need to navigate the Toronto housing landscape with confidence. Our reports cover a wide range of topics, including market trends, pricing analysis, neighborhood insights, and investment opportunities. Whether you're a first-time buyer, a seasoned investor, or planning to sell your property, our reports offer valuable information to help you strategize and achieve your goals. Stay ahead of the competition and tap into the power of knowledge with our essential buying and selling reports for Toronto homes. Let us be your trusted resource in your real estate journey. CBC News This Montreal tenant won't leave her apartment until she is properly compensated by developer | CBC News Carla White has been living in her Montreal apartment for 10 years. Now the building is set to be demolished to make room for condos but she says she won't move until the developer pays her $50,000 and finds her a penthouse apartment. cbc.ca READ MORE > Real Estate Magazine Openn Offers: A digital solution or disruptive change? Some realtors are expressing concern about Openn Offers, which aims to increase transparency in the negotiation process. realestatemagazine.ca READ MORE > CBC News Canadians in too much debt, CMHC says Canada's housing agency, the CMHC, is warning high household debt could put families and the whole economy at risk. Canadian household debt is higher than any other G7 nation. cbc.ca READ MORE > Better Dwelling Canadian Mortgage Borrowers Are Seeking More Leverage With Fixed Rates - Better Dwelling Canadian mortgage borrowers are fleeing unpredictable variable rates, and getting more leverage. Bank of Canada (BoC) data reveals that nearly three-quarters of mortgages issued in March had rates fixed for 1 to 5 years. It’s a big change from a year ago, when most borrowers were opting for variable rates. Borrowers shifted their preferences after […] betterdwelling.com READ MORE > CTV News Should I buy a cottage with friends or family? As cottage season dawns, the prospect of joint ownership with family or friends grows anew for many Canadians, budding perennially like a lakeside plant. ctvnews.ca READ MORE > Orillia Matters Spotlight: Take advantage of your home’s equity Learn more about reverse mortgages with broker Mark Goode orilliamatters.com READ MORE > BIV 11% of Cdns invest in real estate and that total is set to grow: Royal LePage At least half of real estate investors have a plan to add to their housing portfolio in the next five years biv.com READ MORE > Global News Calgary family warns others after being hijacked by rental scammers for 6 years | Globalnews.ca A Calgary family says it has been living a nightmare for the past six years after being hijacked by scammers who listed their home as a rental. globalnews.ca READ MORE > TVO Today It’s time for full rent control in Ontario | TVO Today OPINION: The Ford government says new regulations will help tackle the housing crisis. But the tenants being hit hardest need more action. tvo.org READ MORE > Durham Radio News Toronto police believe there could be more victims of man charged in rental scam Toronto police are out with a warning after arresting a man in connection with a rental scam in the city's Weston neighbourhood. Police say the man advertise durhamradionews.com READ MORE > i Heart Radio Rental housing construction in Quebec will decrease 40% in 2023: report Construction of rental housing in Quebec is forecasted to fall by 40 per cent in 2023, according to a report from the provincial homebuilder's association (APCHQ). It's a significant slowdown compared to 2022, when rental construction fell by 13 per cent. iheartradio.ca READ MORE > Cochrane Times Post Early retirement just a dream for couple who want to buy new home in Vancouver Most of their money is already tied up in real estate, and they are 64% behind on savings needed for a comfortable retirement. Read on. cochranetimespost.ca READ MORE > blogTo These 4 Toronto-area cities saw home prices drop by over $200k in the last year Home prices have been on the decline across much of Canada since successive lending rate hikes brought the soaring housing markets crashing down, a... blogto.com READ MORE > O Canada Sales surge in Canada’s real estate market led by Ontario, B.C. Sales activity jumps, but new listings don't keep pace. o.canada.com READ MORE > Global News Why interest rates are squeezing real estate investors | Watch News Videos Online Watch Why interest rates are squeezing real estate investors Video Online, on GlobalNews.ca globalnews.ca READ MORE > Better Dwelling Canadian Mortgage Delinquencies Begin To Climb, A Lot More Are Brewing - Better Dwelling Canadian real estate might be seeing higher prices, but more buyers can’t pay their bills. Equifax data reveals the mortgage delinquency rate climbed in Q1 2023. Households are also increasingly falling behind on payments, a sign that further mortgage delinquencies are in the pipeline. This is occurring as lenders scramble to extend the length of […] betterdwelling.com READ MORE > CBC Radio Is a housing crash an affordability fix? | CBC Radio Some young buyers were cheering for the housing market to crash, but prices are on the rise again. Is a crash still possible - and is the economic damage worth it? cbc.ca READ MORE > CTV Atlantic Canada's household debt is highest among G7 countries An analysis by Canada Mortgage and Housing Corporation found Canada’s household debt is the highest among G7 countries and around is 75 per cent of the debt is from mortgages. atlantic.ctvnews.ca READ MORE > Insauga Rising interest rates hit Hamilton-Burlington house prices the most: study | inTheHammer The Bank of Canada’s attempts to cool soaring inflation have hit the Hamilton–Burlington real estate market the hardest. Due to rising interest rates, average home prices in the Hamilton–Burlington area plunged $191,900, or 18.09 per cent, to $868,800, according to Zoocasa’s latest analysis. That’s even more than Greater Toronto and Greater Vancouver. In the Toronto […] insauga.com READ MORE > Wealth Professional Gen Z is piling into property as a wealth builder says Royal LePage New property investment report shows that this traditional asset class is more popular than ever with young Canadians wealthprofessional.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 Toronto GTA. Contact me today!" Click Here For Hot New Current Available Toronto Real Estate Board [TREB] 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. GTA Toronto How does Rent-To-Own Homes work? Visit: http://www.manojatri.com/tour_homes  | Click Here for Power of Sale GTA Listings. Manoj Atri, REALTOR®  Experienced Toronto Sales Representative with Architectural Background. My forte: Power of Sale | Bank Foreclosures | Fixer Upper | Rent-To-Own Homes | All types of Credit Low or Zero down With Cash Back | Cash For Renovations & Much More... Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 C: [416] 275-2089 | O: [416] 494-7653 | E: Manoj@ManojAtri.com Websites:   ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent to Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • OLD Facebook Fan Page: Rent to Own Homes GTA • Pinterest • Tumblr Instagram • Twitter • NEW Facebook Fan Page • LinkedIn • 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