The housing shortage is not a myth. It’s a bigger problem than you may think. There is land that is waiting to be developed and we could be seeing housing being built, including the missing middle the experts are calling Townhomes and semi-detached houses, which would alleviate the pressure on pricing. Part of the issue is infrastructure and another big part is policy. As an example of the infrastructure issue, in East Gwillimbury there is land that the community wants to build thousands of homes on, but there is no water treatment plant to handle the increase in population. And ...
The Housing Shortage is Not a Myth
November 25, 2017
Bubble Burst, Bubble Burst, Bubble Bubble Bubble Burst
February 26, 2017
I just read an article where an economist for one of our banks - okay, BMO - said Toronto is headed for a bubble burst. Later on in the very same article, at a point when the majority of readers have moved on and will never see this, a representative from the very same bank, BMO, said there is very little risk of a bubble burst in Toronto. So, who to believe? Are you worried that the real estate market is going to crash? Well, before you make any rash decisions, be sure to fully investigate the reasons why ...
The one question you must ask yourself before buying a home
January 22, 2017
Before you begin shopping for a home you may read a lot of articles online, watch videos and even read books on “how to buy a home.” Information is plentiful and easily accessible. There is way more information now than when I bought my first home. So, you may have checklists prepared that you think will keep you safe from the many pitfalls out there, but there is one thing you need to do first and foremost when you walk into a house. Ask yourself if you like it! Forget your checklist, forget the furnace age, the wiring, the roof ...
What’s the deal with a Buyer Representation Agreement?
December 21, 2016
If you are working with a real estate agent to buy a property, (and why wouldn’t you??) you may have been asked to sign a contract. You may not though. In Ontario, the realtor must present the contract to you before you sign an offer, and many do just that, ask you to sign it with all the other documents at offer time and you may not understand what you’re signing. That is not the way it was designed to be used. The BRA in Ontario is designed to protect the client and the realtor. Here’s how: By signing you ...
Ask Sandra: Your Real Estate Questions Answered
November 21, 2014
There’s a lot to know when it comes to buyingand selling a property. So, we put the call to find out what you wanted to know. Real Estate expert Sandra Rinomato answers your questions. CLICK HERE FOR VIDEO Q: If I sell my 100-year-old house, am I responsible for hidden defects the buyer may uncover? A: A home owner is required to disclose all latent and patent deficiencies. If you know of an issue you are advised to disclose it to a potential buyer. Chances are anyone interested in buying a 100-year-old home will expect a few issues anyway and ...