Wednesday, June 18, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Buying your first home? Congratulations! It’s an exciting time! However, we don’t want you to make these common first-time homebuyer mistakes.
Without some guidance, your excitement and celebration can quickly turn to regret. We’ve seen it happen! New home buyers come to us after months of searching, losing out on homes, or even buying their second home… after their first home buying experience landed them in a mess.
With a little bit of leg work upfront, you can save yourself major hassles, and keep the home buying experience fun and successful.
Here are the five most common mistakes we see homeowners make, and how you can ensure you don’t fall into the same traps.
Not Hiring a Realtor (Or Hiring the Wrong One)
When your parents were buying their first home, they may not have used a realtor, or may hav! ...
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Wednesday, May 21, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
2020 will go down as one of the most difficult and unexpected years in history, of course, because of the global pandemic. Even so, the real estate market favoured sellers due to lower interest rates and high household savings. Compared to the previous year, home resales increased by 13%, reaching 552,300 – the most ever (Zochodne). This trend also appears to increase in 2021 and, perhaps, beyond. As a buyer, you expect to encounter a “multiple offer” situation. Thus, you would want to know how you can increase the odds of winning a bidding war to own your dream house.
Real Estate Bidding War Winning Strategies
As much as you want to avoid multiple offers and bidding wars, the prevailing market conditions are on the side of sellers. Take the first month of 2021 as an example. Sales increased by 35.2% compared to 2020 (. ...
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Wednesday, May 14, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
If you plan to buy a house, you may have heard some people say it is best to let the market cool down. It is the same advice repeated yearly in the last few years. However, the average cost of houses in the Greater Toronto Area continued increasing, and much more so during the pandemic. Is buying a home today better than waiting for the housing market to slow down? The trend indicates you should before it becomes much more expensive in the foreseeable future.
The Cost of Buying a House
The first thing that comes to mind when thinking about buying a house is how much it costs. You may have a preferred price range, but is it genuinely affordable?
Housing Affordability
According to the National Bank of Canada, the average cost of non-condo houses in Toronto is $1,039,438. Your annual household income to afford this price level should be . ...
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Wednesday, May 7, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Stating that you want to buy an apartment can raise some eyebrows. You might even hear some people say that with the volatility of the current market, it’s not even possible, what with how in-demand housing is, and how much it can cost.
In addition, if you were to search for triplexes and multiplexes, you’d notice that those properties for sale are entire buildings, not individual units. Ask listing agents, and most would offer you condos. So, before getting on to the cost of apartments, it would be best to clarify first how they differ from condos. After that, this article will address the relevant legalities in Toronto real estate.
Difference Between Apartments and Condos
Many people think that the main difference between apartments and condos comes down to prestige and cost. People assume that apartments are . ...
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Wednesday, April 30, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Stating that you want to buy an apartment can raise some eyebrows. You might even hear some people say that with the volatility of the current market, it’s not even possible, what with how in-demand housing is, and how much it can cost.
In addition, if you were to search for triplexes and multiplexes, you’d notice that those properties for sale are entire buildings, not individual units. Ask listing agents, and most would offer you condos. So, before getting on to the cost of apartments, it would be best to clarify first how they differ from condos. After that, this article will address the relevant legalities in Toronto real estate.
Difference Between Apartments and Condos
Many people think that the main difference between apartments and condos comes down to prestige and cost. People assume that apartments are . ...
Read More
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