Wednesday, July 10, 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 you that came across this article since you are not a Canadian resident and you are interested in buying property in Canada, but like many people, you might not have the sufficient cash lying around to buy a home in cash, without financing. Purchasing homes and property can be incredibly expensive. Most people will need a mortgage or financing from a bank to purchase a property or a home. Heck, even Elon Musk, the founder of Tesla, has a mortgage. Yes, you read this correctly, even Elon Musk has a mortgage. In fact, Elon Musk has multiple mortgages. Many other high net worth individuals including people such as Beyoncé and Jay-Z also have mortgages. In other words, your net worth does not necessarily preclude you from having a mortgage.
You might be reading this and thinking ok, how does this apply to me a. ...
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Wednesday, January 10, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The Sales Boom: How GTA is Defying Expectations
The numbers are in, and they’re nothing short of spectacular. With a 16.5% increase in sales compared to June 2022, translating to 7,481 transactions in June 2023 alone, the Greater Toronto Area (GTA) is a hive of activity. The robust sales were propelled by an energized economy, tight labor market, and record population growth. However, the news isn’t all rosy. A limited housing supply has escalated competition among buyers, pushing average selling prices upward. It’s a thrilling seller’s market, but what does that mean for buyers?
Looking to sell your property at top dollar or find the perfect home in this competitive market? Contact Trinity Real Estate Consultants today!
Home Ownership Dreams: Can You Still Afford It?
The dream of owning a home in the GTA seems ! ...
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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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Wednesday, October 18, 2023 / by Matthew Daniel Tamburello
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 4, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The Toronto Regional Real Estate Board (TRREB) reported that the GTA housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44% compared to September 2021. New listings were also down on a year-over-year basis by 16.7% to 11,237. This is the lowest number of new listings reported for September since 2002.
The average selling price remained fairly steady, up slightly from last month to $1,086,762 and down 4.3% from September’s 2021 figure of $1,135,027.
“Hovering just below $1.1 million, the average selling price may have found some support during the last couple months of summer,” says TRREB Chief Market Analyst Jason Mercer. “With new listings down quite substantially year-over-year and well-below historic norms, some home buy. ...
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