Wednesday, September 11, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Chances are that if you are reading this article you are looking to buy and/or sell your home, but terms like Home Appraisal and/or Current Market Assessment (CMA) are foreign to you. Or maybe you are reading this and thinking to yourself, yeah, I have heard of home appraisals and current market assessments, but I am not totally sure what they are and how they are different.
Home appraisals and current market assessments are extremely important for those who are looking to buy and/or sell real estate. This information can help you determine if you are a buyer if you are overpaying for a home or if you are a seller how much you should be listing your home for.
However, a current market assessment might be more useful for a seller than a buyer and an appraisal might be more important for a buyer than a seller. In this a. ...
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Wednesday, March 27, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
A five-year forecast by Moody’s Analytics shows prices rising all over the country apart from in two cities. Moody’s forecast used RPS Real Property Solutions data and predicted that Canadian home prices will go up by 2.2% between the first quarter of 2019 and the first quarter of 2024.
National home sales climbed in April 2019 according to statistics given by the Canadian Real Estate Association (CREA). This is promising considering that sales were at a seven-year low in April of 2018. Toronto experienced the biggest increase in house sales, rising by 11%. The Canadian housing market seems to be on the rebound. However, increased property sales do not necessarily mean that properties will become more affordable.
House price appreciation to slow down
Monetary tightening is affecting house price appreciation. Andr. ...
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Wednesday, February 14, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
So, you’re looking to purchase a house in Canada? Multiple factors go into finding the perfect home, but before you even start looking, you should know precisely what’s out there. Is it your first-time buying? Then, according to your budget, you could consider many options and types of houses in Canada. Below we’ve listed the types we found most common and most popular in Canada.
Detached Types of Houses in Canada
A detached house is the type of house that most of us think of when picturing the classic house and it’s generally what most people want for a home. A detached house is just that – a house detached from anything else. It’s a complete unit on its own. That also means you’d own it completely, including the land it’s built upon. You’ll also be footing the bill for every utility. ...
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Wednesday, February 7, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
It’s an excellent time for flipping a property! According to the Canadian Real Estate Association (CREA), “more than 60% of all local housing markets reported increased sales activity in June (2018) compared to May, led by the Greater Toronto Area (GTA).” So, if you can secure the help of a reputable and fair real estate brokerage, then you’re sure to come away from the deal with a sizeable profit.
Many people go with the first agent they find through online searches. This can be tricky if you’re searching for an agency specializing in both buying and selling, in other words, house flips. A real estate agency that specializes in flips can add more to your bottom line and streamline the process, saving you time and money.
Knowledgeable about Flipping a Property
Real estate agents know what can go wrong when . ...
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Wednesday, November 22, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
On Wednesday, November 15, the Canadian Real Estate Association (CREA) released its national housing statistics for October 2023. Below, CREA’s Senior Economist Shaun Cathcart provides an update on the current state of housing markets in Canada and explains what the data means for members:
Canadian home sales dropped 5.6% from September to October 2023, a sizeable month-over-month decline but not really that surprising as it was simply the continuation of a trend we’ve been watching since August.
This reinforces the idea that after the Bank of Canada’s resumption of rate hikes this summer and the uncertainty that caused, a lot of would-be home buyers have gone into hibernation.
Preparing for spring
The rebound in activity we saw this past spring was an example of what we might see next year. If that were to happen aga! ...
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