Choosing where to buy a home is a very personal decision, but gut feeling alone shouldn’t guide the biggest financial decision of your life. Whether you’re moving to be closer to closer to your job, have access to better schools for your kids, or you’re an income property investor looking to purchase where there’s maximum upside potential, it’s important to have some knowledge of how the homes in the neighbourhood you pick are likely to appreciate over time.
To make the best remodel or move decision, it is important to understand all the reasons that you have to remodel and all the reasons that you have to move. This article reviews common reasons to move. As you read each of these reasons, consider how much it applies to you and note how strongly you feel about each one.
1. The size of your family has changed. Of the many reasons to move, the size of your current home is the most common. Many young couples have purchased a cozy two- or three-bedroom, 1,000-square foot home that suits their situation perfectly.
The loan and mortgage process is a stressful and sometimes frustrating process. The idea is to make the entire process go as smoothly as possible. What is most important? Be prepared before you sit down with your loan officer.
Here are some things you can do to help ensure successful results, as well as give you some control over your own loan process.
1. Take time to Straighten out your finances.
If you don't have a grip on what's coming in and what's going out (and where, and why), you may be in for a rough time when you apply for a home loan.
1: Put Your Game Face On
A first impression is often a lasting one and this applies to how buyers first see your home. You want to really leave an impression—a good impression—that means preparing your home to look its best.
This is the point where many sellers will ask whether or not they should invest in some home renovations in order to increase their sale price. To this general question, there is a standard answer: No.
TORONTO, August 6, 2019 – Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,595 sales through TREB’s MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. On a month-over-month basis, sales were up by 5.1 per cent, after preliminary seasonal adjustment.
New listings entered into TREB’s MLS® System in July 2019 were up compared to July 2018, but by a much lesser annual rate than sales, at 3.7 per cent. With annual growth in sales far outstripping annual growth in new listings, market conditions clearly tightened compared to last year. Active listings at the end of July were down by 9.1 per cent year-over-year, further reflecting tightening market conditions.
TORONTO, July 24, 2019 – Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,038 condominium apartment sales through TREB’s MLS® System in the second quarter of 2019. This result was up by 3.2 per cent compared to Q2 of 2018.
New condominium apartment listings entered into TREB’s MLS® System were down by 3.5 per cent compared to Q2 2018, with 11,110 listings added in 2019 versus 11,512 listings added in 2018.
“As has generally been the case in the region since the implementation of the Ontario Government’s Fair Housing Plan in 2017, the condo
TORONTO, February 6, 2019 - Toronto Real Estate Board President Garry Bhaura announces the release of TREB’s fourth annual Market Year in Review and Outlook Report, in conjunction with a morning event consisting of multiple presentations and panels concerned with the housing market and broader economy. The media are encouraged to attend (see event details below). TREB MLS® System statistics for January 2019 are also provided below.
This year’s Market Year in Review and Outlook Report follows a volatile year for the housing market in 2018. Moderate improvement in terms of sales and average selling price is expected for 2019.