Buying A Second Home | Trinity Real Estate Consultants Blog

Wednesday, November 1, 2023   /   by Matthew Daniel Tamburello

HomeSellers, HomeBuyers & Investors: Bank of Canada Announces 1% Rate Hike!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Many pundits expected the Bank of Canada to increase their interest rates in the general announcement. However, the nation’s central bank stunned the entire financial world by announcing a supersized increase of 100 basis points or 1% on its interest rates, bringing the total increase to 2.5%.
This has been the bank’s biggest increase since 1998 and it was the fourth spike in a planned four-step action strategy to help reduce soaring inflation. The Bank of Canada has an inflation rate target of 2%, and current projections place that value closer to 8% at least until the end of the summer.
It’s important to note that the Bank of Canada announces overnight rate changes eight times per year. The schedule looks like this.

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Wednesday, October 18, 2023   /   by Matthew Daniel Tamburello

HomeSellers, HomeBuyers & Investors: Pros and Cons of Living in Ontario!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Pros and Cons of Living in Ontario
Ontario is known as the Province of Opportunity, so it’s no surprise that many Canadians think about moving to one of its many major cities at some point. The truth is that Ontario is among the best places to live in Canada because it offers a great combination of stability, nature, and entertainment.
With the above in mind, there are many elements you should consider if you’re planning on moving to or staying in Ontario.
For new residents, this means figuring out the advantages of moving to Ontario, which range from a high-quality, province-wide public transport network and a low crime rate in many of its major cities.
Current Ontario residents, on the other hand, may need to escape city life and discover the natural side of the province. The contrary is also true, with many Ontario resid. ...

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Monday, September 25, 2023   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: Hamilton Relocation Pros And Cons!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Hamilton, Ontario has a great reputation for being a big city that also has a huge amount of green spaces. Also known as Hammer Town, Hamilton is surrounded by protected areas as well as natural parks like the Iroquois Heights Conservation Area, the Royal Botanical Gardens, and Sherman Falls.
But, there are many more benefits, as well as a few setbacks, of living in Hamilton, so you need to research home prices and other variables to find out if this port city is the right fit.
While it’s true that Hamilton is the proverbial big city with a small-town feel, there are many elements that set aside Hammer Town from other major cities in Ontario. In this article, we’ll cover the pros and cons of living in Hamilton, Ontario, and share important details that you need to know before moving to this beautiful city.
What’s It Li. ...

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Monday, July 3, 2023   /   by Matthew Daniel Tamburello

HomeSellers, Homebuyer & Investors: How to Negotiate the Best Home Deal in the GTA!

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 ours 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 prices. ...

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Monday, June 26, 2023   /   by Matthew Daniel Tamburello

HomeBuyers, HomeSellers & Investors: Surprising GTA Real Estate Trends!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
To help you navigate the ever-changing GTA real estate market, we are exploring some GTA real estate trends from the data collected in February 2023. The market experienced a substantial decline in home sales in February 2023 compared to the same month in the previous year, as a result of higher borrowing costs and a decrease in new listings. However, the average selling price and MLS® HPI remained stable, thanks to the shift towards lower-priced homes by homebuyers. As you navigate the GTA real estate market, understanding the factors contributing to the decline in home sales and what the future holds for the market can help you make informed decisions.
Factors Contributing to the Decline in Home Sales
The Toronto Regional Real Estate Board (TRREB) reported a 47% decrease in home sales in February 2023 compared to February 2022. The decrease in home sales is attr. ...

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Trinity Real Estate Consultants
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Right at Home Realty, Brokerage

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