Summary of Rental Market in 2nd Quarter: – 4,771 leased condominium apartments through TorontoMLS in Q2 2012 – up 3% from Q2 2011 – Number of apartments listed for rent grew faster than rental transactions – up 15% – Average 2-bedroom apartment rent was $2,088 – up 4% in comparison to Q2 2011 According to Ann Hannah, President of TREB: …
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Moderate Growth in Condo Prices During 2nd Quarter
Summary of Condominium Market in 2nd Quarter: – 6,435 condo apartment transactions in Q2 – down 2.6% (6,609 transactions in Q2 2011) – New listings for condos up substantially, by 19% in comparison to 2011 – Average price for Q2 sales were $342,212 – a 3.2% increase compared to 2011 – Condo units were priced in line with buyer expectations …
Read More »Assignment of pre-construction condos in Toronto
If you follow this blog, you know that I’m not a big fan of investing in pre-construction condos. I think of pre-construction condo investment now a days as a speculative investing. Long gone are the days when developers and builders had to price homes and condos below market value to entice buyers to purchase into their projects and if projects …
Read More »Five terms to consider when purchasing an investment property
Money is made and lost during purchase in real estate. A well crafted purchase agreement not only protects the buyer against foreseeable liabilities but also provides grounds for favorable terms to execute the agreement. Following are my top five terms that I ask when representing my buyers for investment property purchases. Please note that I’m not a lawyer and your …
Read More »Selling Real Estate Privately without an agent
During a recent interview with Don Campbell, our conversation steered towards to topic of private sales. My question was if he sees value in using a real estate professional or should sellers look at putting their properties on the market themselves. I was surprised by his response as much as he was with mine. A delightful conversation that I’m looking …
Read More »Zooppraisals – An impromptu conversation with Don Campbell
I had the chance to have a sit down with Don Campbell of REIN Canada to talk about his upcoming book and the conversation lead to the topic of Zoocasa’s new service of Zoopraisals. I took the moment to chat with Don about what he sees as the value of the service and if there were any short coming. Hope …
Read More »INTERVIEW: Don R Campbell talking about Toronto Real Estate prices
A video discussion with Don R Campbell taking about the state of current real estate prices and what he's projecting. We also discussed factors in pricing where Torontonians will see the biggest appreciation.
Read More »The Simple Four-Step System To Multi-Family Property Investing
Don takes some time to review the four steps to invest in multifamily properties with us and provides some great insights as well an invitation to an upcoming event to make an investment in your knowledge.
Read More »Scary thing this Mortgage Insurance!
Mortgage insurance or life insurance... Which one do you have? Does it protect you in case of ... ?
Read More »The rich aren’t so bad after all
Most of us have that stereotype in our head that rich people are more like Montgomery Burns from The Simpson while it’s not true. The source is an article posted in the Financial Post that talks about the stereotype of a survey that was conducted.
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