Morrison Sells Real Estate – Toronto Real Estate Agents
Your Property, Our Priority
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How much are you saving? Year after year, I hear many people tell me that their plan is to save a little bit more in order to afford that bigger, better condo or house the following year.
Tips from the Morrison Report for sellers. How do you ensure that you get the maximum profit when selling your home?
I read a book a while back that changed my outlook on real estate.
Last week, I had the opportunity to attend the Toronto Real Estate Board’s Annual General Meeting. Benjamin Tal, the chief economist for CIBC, was the guest speaker. I heard him speak before and have always been impressed with what he had to say. This time was no different and he didn’t disappoint. He blew my mind with his facts, figures and insights and I literally tried to take as many notes as my hand would allow. In fact, by the time he finished speaking, my hands hurt.
The new mortgage rules and stress test come into effect soon. How can it be beneficial to help someone find a mortgage to invest in property?
Yesterday, OSFI (The Office of the Superintendent of Financial Institutions) announced some new rules to tighten up the real estate market. These rules will affect anyone putting 20% as down payment or more on a home. Currently, anyone purchasing a house over a million dollars will have to put a down payment of at least 20% to qualify for a mortgage. Those who spend less than a million dollars and put down less than 20% have been experiencing this additional stress test for the last year.
Here’s the latest real estate updates for you on Toronto’s market.
Here is what “no money down” means in reality. Plus, it definitely is good for real estate investing.
This past week we in the real estate industry seem to be of two minds. It seems all the Realtors are holding the same half full glass of water and we are debating the age old question of is the glass half full or is it really half empty.
In my third installment of research along the TTC subway map, I decided to investigate the average price of semi-detached houses in Toronto. Also, the increase or decrease in home prices from 2016 to now.
