Wednesday, September 25, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Congratulations, you have decided to take a big step and invest in real estate in Canada! Deciding to buy a home, no matter where you are looking to purchase a home, whether that’s your hometown or somewhere new is always a big decision. It can be a complex process with a lot of moving parts and many things that you will need to consider.
Hopefully, after reading this guide you will have gained greater insight into what it is like to buy real estate in Canada, what you can expect when purchasing and investing in real estate in Canada, what the process is like for buying real estate here, and more. It is important to remember that this guide is meant to serve as a jumping-off point for the process of buying real estate in Canada, this is not meant to be a definitive guide on buying real estate in Canada.
It is meant to help you begi. ...
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Wednesday, September 4, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
In England, there is a saying that something secure and reliable is “safe as houses”. It’s a phrase that goes back to Victorian times and is generally representative of the belief that a house. “With its foundations, bricks, mortar and seemingly limitless growth in value” – this means trustworthy and dependable, meaning everyone should strive to own one.
The global recession in 2008 changed all that, with home equity wiped out for many homeowners who had previously paid over-inflated prices. The “property ladder” no longer seemed such a good idea – for many, it was now a financial trap rather than a lucrative investment. And with the collapse of the sub-prime mortgage market in the US, lending rules were tightened, and those people who still desired their own home found funding sources! ...
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Wednesday, August 14, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
There is an ongoing debate between people, especially in Toronto where rent prices are astronomical and increasing and home prices are increasing, about whether it is better to rent or to buy. Toronto has been recognized as one of the most expensive and unaffordable cities in the world. The average price for rent makes Toronto one of the most comparably expensive cities in Canada for renters. All of this has been made worse as the housing market in the City of Toronto and the Greater Toronto Area (GTA) have grown and more people are moving to Toronto and the Greater Toronto Area. This makes it harder to determine whether it is better to rent or buy in Toronto since whether you are renting or looking to buy in Toronto or the Greater Toronto Area (GTA), chances are that you are going to be spending a lot of money each month on . ...
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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, July 24, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Given the recent growth in Toronto’s real estate market, it is no surprise that more people are looking into investing in the Toronto real estate market. With the increase in the number of condos being built and the recent drop in prices for houses in Toronto, the decision between buying a house vs. a condo is more challenging than ever. While at one point, the cost to purchase a condo in Toronto might have made buying a condo a clear choice for home buyers, this is no longer the case. With a drop in prices for houses, buyers who are looking to purchase real estate in Toronto have more choices than ever and are in a better position to decide whether buying a house or buying a condo is the best decision for them.
It is important to remember that for the purpose of this article, a house will be defined as a detached sing. ...
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