Wednesday, July 31, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
With the recent growth in Toronto’s real estate market and population growth in Toronto, with more people looking to move to and moving to Toronto each year, it’s a great time to invest in real estate in Toronto. Now with the slowdown happening in Toronto’s housing market and relative cooling off from Toronto’s housing market’s peak during 2017, with changes in mortgage regulations and interest rates, this means that the real estate market in Toronto has balanced out a bit. While during the past couple of years, the housing market in Toronto was considered to be more of a seller’s market with buyers getting into bidding wars and competing to buy houses, this is no longer happening as much.
Data from home sales in Toronto have shown that sales have dropped during the beginning of 2019, fewe. ...
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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, January 3, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
In the ever-competitive Greater Toronto Area (GTA) real estate market, pricing your property right is both an art and a science. Set the price too high, and you risk scaring off potential buyers. Set it too low, and you could be leaving money on the table. This comprehensive guide will walk you through the intricate process of pricing your property, blending market analytics with a touch of intuition.
Unsure about your property’s pricing? Click HERE to find out what your property is worth!
Understanding the Market
1) Analyzing Comparable Sales (Comps): Research recent sales of properties similar to yours, considering factors like size, condition, age, and location. For example, a renovated three-bedroom home in downtown Toronto might be compared to other updated properties in the area to gauge a fair price.
2) Assessing Current M. ...
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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 15, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
In this ever-changing real estate market, investing in a pre-construction condo still remains a lucrative long-term opportunity. When you look beyond the quick wins of flipping property, holding the property for the long haul and having a tenant pay off your mortgage can create passive income for you well into your retirement years. Or, if you are a first-time buyer and are hesitant to get into the market now with interest rates on the rise, buying now to move in 3-5 years from now when mortgage rates normalize is also a great option.
Here are the top 5 reasons to invest in pre-construction properties:
1) Pass the current market cycle: With inflation at an all time high in Canada, the Bank of Canada has elected to increase interest rates to help control the rising rate of inflation. This has driven home prices down between 20-30% in some markets as buyers’ affor. ...
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