You might have to accept apologies on this blog post because it might see somewhat like a rant. But seriously, how much money should Canadians be expected to pay for a home? How much debt should a family take on in order to have a home in a good neighbourhood in Toronto. Perhaps some people […]
In: Real Estate News
16 Aug 2011Richmond Hill Ontario is a great community North of Toronto. Located North of highway 407, Richmond Hill is a very active real estate market for selling privately and selling with a real estate agent. Richmond Hill’s borders are Highway 7 to the South, Bathurst to the West, Highway 404 to the East and Bloomington Road […]
For sale by owner is alive and well in Ontario. More and more people are selling their home by themselves (many are also being listed on MLS). Let’s look at the history of For Sale By Owner and some of the top cities for private sales. For sale by owner has always existed in Ontario. […]
In: Real Estate News
19 Jul 2011There is a lot of discussion these days about home affordability, record high prices, asian buyers, sellers market, and multiple offers. Real estate, especially in Toronto, has always made headlines in the newspapers and on TV. But now as the average price for a detached home in Vancouver has eclipsed $1,000,000, and in Toronto $700,000, […]
The average price for a home for sale in Toronto in June 2011 was $476,371. This might seen unattainable to the average home buyer, because a 5% down payment would be $23,000 and the mortgage amount would be $453,000. Plus the buyer of Real Estate in Toronto would need to pay two Land Transfer taxes, […]
In: Real Estate News
10 May 2011Garry Marr (one of our favourite real estate reporters!) recently reported that the Canadian Real Estate Association has raised their forecast for Canadian Home Sales. Gary juxtaposes this “raised housing forecast” against the data from the US, which shows that American home values fell by 3%, and that “American home values have fallen 29.5% from […]
In: Real Estate News
13 Jan 2011To become a Real Estate Agent in Ontario you must take courses and meet a few requirements. https://www.youtube.com/watch?v=1JV1wvfLpTI The Ontario Real Estate Association offers the courses. According to their website you first have these qualifications: 1. You have to an Ontario Secondary School Diploma or equivalent; OR 2. You must be at least 18 years […]
There are certainly some advantages and disadvantages to becoming a real estate agent. Being a real estate agent generally means that you are working for yourself (although you must belong to a brokerage), which means that you don’t really have a boss or set hours. However, the majority of real estate agents in Ontario work […]
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.