Monday, June 5, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
Purchasing a vacation home or cottage in Ontario can be a great investment for those looking to get away from the traffic, hustle, and bustle in Toronto and the Greater Toronto Area. Purchasing a vacation home or cottage in Ontario could be a great investment given the growth in the real estate market in certain areas such as Prince Edward County. With the recent increase in home prices and the real estate market in places like Prince Edward County means that if you can buy now you might be able to see a return on your investment whenever the time comes to sell your home and see how your investment appreciates over time as more people are looking to escape the city. While the increase in home prices and real estate in the Greater Toronto Area, and stories about intense bidding wars and houses being sold for thousands of dollars above the original asking price means that. ...
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Monday, May 8, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
The Greater Toronto Area (GTA) real estate market is one of the most dynamic and competitive markets in Canada. To negotiate the best home deal in the GTA, an optimized strategic approach is needed in order to ensure that you get the most value for your investment. With numerous factors influencing the market, such as demand, location, and property type, it’s essential to have a solid understanding of the local real estate market. Whether you’re a first-time homebuyer or a seasoned investor, understanding these tips and working with a real estate brokerage such as Justo can help you navigate the complex GTA real estate market and achieve your real estate goals.
Understand the Local Market
To negotiate the best deal when buying or selling a home in the GTA, it’s important to understand the local real estate market. Research recent sales, average price. ...
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Monday, May 1, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
If you’ve found the perfect condo and you’re ready to buy, you’ve probably realized that closing this type of property sale can be expensive. If there are no major issues, it makes sense to try to save money wherever possible and complete the property sale quickly.
Many buyers fall into this mindset, but acquiring a condo from the previous owner is a huge gamble. The good news is that you can make a conditional offer that requires the property to pass a condo inspection before the deal is closed
With that said, condo home inspections can help you evaluate a huge range of variables. From common areas to the water heater, air conditioning, and structural elements, understanding the different elements that home inspectors assess will help you find the best condominium.
To help you out, we’ve put together a home inspection condo guide. In it, we&r. ...
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Monday, April 24, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
The Greater Toronto Area (GTA) housing market has seen a surge in buyer competition, as March 2023 statistics show a tightening market. Consequently, the average sale price exceeded the average list price for the first time since May 2022.
Toronto Regional Real Estate Board (TRREB) President Paul Baron confirmed this growing competition in various GTA neighbourhoods. According to consumer polls, the demand for ownership housing will likely grow this year. Furthermore, first-time buyers are expected to lead the recovery as average rents approach the cost of property ownership.
Sales and Listings Overview
In March 2023, GTA REALTORS® reported 6,896 sales through TRREB’s MLS® System, a 36.5% decline compared to March 2022. However, sales grew on a month-over-month basis in both actual and seasonally adjusted figures. New listings also decreased year-over-y. ...
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Monday, March 27, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
Canada continues to outperform its peers for population growth. Statistics Canada data shows record population growth in 2022. The increase was driven entirely by immigration, with most of it “temporary” labor. One of the country’s Big Six banks believes the boom is needed to help the country’s long-term labor market issues, but first, it’ll add to infrastructure stress and inflation.
Canada Hit A New Record For Population Growth
Canada’s population ripped higher—entirely due to immigration. Population estimates rose 0.7% (273.9k) to 39.6 million people. That puts the estimate 2.7% (1.1 million) higher in 2022. The country has never seen such a rapid increase in population.
Temporary Immigration Is Driving Canada’s Population Growth
Canada’s race to be the fastest-growing G7 country depends entirely on immigratio! ...
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