Monday, August 28, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Relocating to a new city, neighbourhood, or home is always exciting for the whole family. That said, this also represents a number of challenges you need to prepare for. For instance, figuring out the average cost of moving in Ontario and determining how much you’ll need for your specific move.
Working with professional moving companies is the best alternative if you want to have a fast, cost-effective, and stress-free move. But, choosing a professional moving company is just the beginning. And, there are many other variables that you have to consider while you calculate moving costs.
In this article, we’ll share the average moving costs in Ontario. We’ll also share all the factors that impact the final cost of your move and tips to help you save money during your relocation.
Working with professional moving companies . ...
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Monday, May 22, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
Suppose you are following the housing market in central Ontario or anywhere in Canada. In that case, you may often hear people citing “Inventory is so low,” and they would not be wrong. Low inventory is not just an Ontario problem. It is an issue that affects the entire country, and the low inventory in the housing market is raising prices rapidly.
Why Low Housing Supply is Good for Sellers
It’s not often that a housing shortage benefits a consumer. When competition is so intense, as it is currently, there is no time to waste. To a home seller, the fact that there are not enough homes on the market also means that you can likely get a better deal than if there were many homes on the market. Below are the top three reasons why a low housing supply is good for those looking to sell their homes.
1) Higher Home Prices
With so many buyers in the marke! ...
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Monday, April 17, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
When listing a home, is professional staging necessary?
What’s really being asked here is: can a property be sold without it being professionally staged?
The short answer is, yes it can. There’s a buyer out there for every property if and when they deem the price they’re willing to pay equals the value they will get. What this means is that your listing can be sold without it being professionally staged, but it may take longer, and your client may not always be able to get the price they’re after.
It all boils down to perceived value – by both buyer and seller.
For example, in cooler markets, professional staging could help your listing get noticed first and snapped up, quicker. According to stagedhome.com, home staging can help to reduce a property’s listing time on the market by 30% to 50% and could deliver a price that is 6% to! ...
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Monday, April 10, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
We’ve been wondering for a few months whether—and to what extent—2023 would be a recovery year for housing markets following a steep drop-off in 2022, albeit from a lofty start.
Our forecast, published back in January, predicted a modest recovery or the start of a recovery, but forecasts are by their very nature always conservative.
A great example of a recovery year is 2019, coming off the stress test in 2018. It started off slow but there were no listings. Sellers were waiting for spring. This year is looking increasingly similar.
February 2023 saw the same month-over-month drop in seasonally adjusted new listings that we saw in February 2019. This is not a market being flooded with listings. Quite the opposite.
From a demand vs. supply standpoint, we’re still in (or close to being in) a seller’s market at the national level. Future s! ...
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Monday, March 20, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
Considering a new job? Might want to start applying, because the balance might shift back to employers soon. Statistics Canada quarterly data shows a substantial decline in both vacant job listings and the job vacancy rate in Q4 2022. Despite the quick move, diving into the monthly numbers shows a higher-level may downplay just how rapidly Canada’s vacant jobs are vaporizing.
Canadian Job Vacancies Reveal A Sharp Quarterly Decline
Canada’s job vacancies are coming down fast from the peak reached less than a year before. Vacant roles fell 8.2% (-78,600 jobs) to 885,900 roles in the fourth quarter of 2022. This brings the vacancy rate down 0.5 points to 4.9%—a sharp decline for just a few months. Both the number of vacant roles and the rate are the lowest since Q2 2021.
It’s A Different Market From Peak, But Vacancies Are Elevated
Canada’m ...
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