Where Have all the First-Time Buyers Gone?

30 August 2018
Remax-Condos-Plus

We keep focusing on the biggest challenge with our current real estate market: a lack of first time buyers. Where did they go, and why?


How to Generate Big Returns when Buying Pre-Construction

22 August 2018
Remax-Condos-Plus

Can you generate big returns from buying Pre-construction Condos? Yes, but you need to follow these three simple rules.


Toronto Market Report August-September 2018

14 August 2018
Remax-Condos-Plus

July sales on the Toronto Real Estate Board produced mixed signals. Sales at 6900+ units are 18% higher than July of last year. However, this is 13% lower than from June (not unexpected) but the normal average for July is 9,000 units.


Amendments vs Waivers

09 August 2018
Remax-Condos-Plus

Amendments to offers are a crucial part of the bargaining process. Many agents attempt to use an amendment as a substitute for waiving a condition, usually in favour of the buyer


What You Should Know About the Real Estate Deposit

31 July 2018
Remax-Condos-Plus

One of the most misunderstood issues in real estate is the deposit. The primary problem is our own real estate forms.


What is the Role of a Real Estate Agent When Renting

26 July 2018
Remax-Condos-Plus

he biggest problems in real estate today seem to center around leasing. That's because Landlords and Tenants forget, or don't know the role of the real estate agent.


How to Afford to Live and Own in Downtown Toronto

17 July 2018
Remax-Condos-Plus

Living and owning in downtown Toronto has its challenges. Prices are high. Bank of Canada Governor Poloz did not help matters recently by telling millennials to just buy a cheaper house. If they cannot afford 400 sq.ft. downtown, how much smaller do you think these people should go Mr. Poloz?

  Buyers

Toronto Market Report July-August 2018

16 July 2018
Remax-Condos-Plus

Sales on the Toronto Real Estate Board were 8,082 units in June. That was up 2.4% over June of last year (the first time this year) and more importantly up 4.3% from May. Remember we were expecting sales to be lower in June. The market turned upward again in the last 10 days of June. At the same time, ‘new’ listings in June were 19% lower than for June of last year and ‘active’ listings are now only 6% higher than a year ago at this time.


Why Real Estate is a Better Investment than RRSPs

26 June 2018
Remax-Condos-Plus

First buy your principle residence as soon as you can. Selling your principle residence is the only tax-free investment you can ever make in this country. But, if you buy an RRSP, lets say $10,000 a year for 30 years at 5%, will get you $725,000. Which translates to a pension of $36,000 a year, and you pay tax on that, and you start to get this money in 30 years.


3 Simple Rules for Investing in Real Estate

20 June 2018
Remax-Condos-Plus

Real Estate is not a short term investment. That's where investors lose money. Real Estate is a long term investment, over 5 years. If you go shorter, you're just gambling. So, here are my 3 simple rules.