Q2 2022, GTA Real Estate’s Turning Point from the High
From the beginning to the end of Q2 2022, we were feeling lower popularity in residential homes and finally got all the data proving that the GTA’s real estate’s peak inflection point has officially arrived. When the market is still surging in the first quarter, many people knew that the turning point would come, but for most of the many people, such rationality can not be translated into the right action in the right time, which is why the craziness of real estate market escalated several times until Q2 2022. to be accurate I think March 1st is the time…
Q1 2022 Newmarket Real Estate Record High Price!
The first quarter of 2022 has come to an end, and Newmarket’s residential houses, like havoc in the sky, have pushed most of the average prices to an all-time high! Those who participated in the market to buy a house in the first quarter of 2022 can truly have a feeling of Struggling in the crazy market. Some first-time buyers, work very hard, but seeing their purchasing power depreciate in the bidding wars again and again, their expectations for quality life have to be downgraded by experiencing failure in the bidding war. Renters also face competition. In order to win…
Are you confused by All the Rate-Hike Predictions? Mortgage Update Nov 2021
Making Sense of All the Rate-Hike Predictions There’s been a lot of talk in the news lately about where mortgage rates are headed. We know the obvious direction from here is up, but what we don’t know is how high and how quickly. Nobody, not even the experts, can accurately predict this. But they try. Scotiabank came out with a headline-grabbing forecast recently, saying it expects the Bank of Canada to deliver eight quarter-point hikes (totaling 200 basis points, or 2%) by the end of 2023. This would cause the prime rate to rise, likely by the same amount, which…
Is Now a Good Time to Buy Condo Apartments in GTA
Is Now a Good Time to Buy Condo Apartments in GTA? Either you are a First-time buyer or an real estate investor pro the following information need your attention: The Average Price of a Condo Apartment in GTA is 670k Per Unit Now It’s easier for normal investors to be involved in the residential market in the medium price range. A house equal to or lower than the average price always is more affordable to the first-time buyer, which is the rigid demand we shouldn’t ignore. Consumer polling conducted by Ipsos for TRREB suggested that about 40 percent of buyers…
Mortgage Stress Test Changes Coming June 1, 2021
Mortgage Stress Test Changes Coming June 1, 2021! Starting June 1, 2021, the minimum qualifying rate used for both the insured and uninsured mortgage stress tests will be increasing. What does it mean to you? Whether you’re making a down payment of less than 20% or more than 20%, you will now have to prove you can afford payments based on your contract rate plus 2%, or 5.25%, whichever is higher. Currently, the minimum qualifying rate is 4.79%. The changes were announced by the Office of the Superintendent of Financial Institutions and the Department of Finance and will reduce the…
10 Things For Buying House Smartly
Buying House Smartly means spending more time on thinking and researching!First, You need to define the objective of buying a house! Second …
A Nice Investment Property of Only $350k
Investing in properties surrounding university/college is always an adopted successful strategy, and here is a rare opportunity for property investors. In the city where one of the best Canadian colleges located, London On, just across the street of Fanshawe College, A nice Townhouse, 3+2 Bedrooms and 2+1 washrooms, Low maintenance fee and Easily finding tenants. when 2020 brings such a low-interest rate era, Use your money carefully in a smart way. Here do your calculation and you will find you can expect a decent Annualized Return of 26.55%.
Private School Pickering College in Newmarket
Pickering College is Ontario’s top private school located in Newmarket! Recently a Grade 6 teacher was a recipient of the Class ACT Award from the Critical Thinking Consortium. Pickering College teacher garners award for fostering critical thinking What is Class ACT Award? In recognition of educators who have embedded critical thinking into their own practice and furthered critical thinking with their students or colleagues The Critical Thinking Consortium established the Certificate of Achievement in Critical Thinking (Class ACT Award) to recognize individual educators who show a commitment to embedding critical thinking into their own practice and who have demonstrated notable success in…
How to Get 100% FULL MARKET VALUE for Your Home
How to Get 100% FULL MARKET VALUE for Your Home? Because your home may be your largest asset, selling it is probably one of the most important decisions
How To Get Your Home Sold Successfully ( Step Two Listing and Negotiation )
From Step One Preparation you possiblely have generally understood what you need do before listing, Now let’s talk about the process How to Get Your Home Sold Successfully: Listing and Negotiation, the tips key to your success selling. Pricing Strategy. Make sure you have all necessary data to know your home value, which might not be your listing or sold price. You can use Higher than market price, Equivalent Market Price or Lower than market price as your listing price. There are for and cons of each strategy. Which one you need choose is totally dependent on your need and…
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