It’s easy to go down a rabbit hole of analysis about how COVID-19 is impacting the market and what comes next. If we cut through the noise, we can see there are absolutely going to be winners and losers in real estate over the next few months. Most of it is out of our control, but there are a few ways in which you can make sure you aren’t negatively impacted by our new reality.
Back in 2003, Toronto experienced the SARS outbreak and it makes sense to look at how it impacted the real estate market to get a good sense of the likely impact of the coronavirus this time around. Also, are we the only ones who didn't realize how often we touch our faces? Egad.
When you think about the last time you moved, what was the reason? Recently released data shows the big reasons people choose to move and it’s pretty surprising. Here’s our take on it.
A house in Toronto sold in late January, 2020 for a full $1M over asking price. Without a doubt, there is a huge opportunity for certain properties right now. Here’s three questions about your home. If you answer yes to any of the three, it’s time to sell.
When we look at what’s happened to prices in the last year and what’s expected to happen this year, the cost of waiting to buy is huge. How huge? In Toronto, it costs you about $300 a day.
Whenever a deal falls through, there is short window of opportunity for a buyer to come in with a firm offer to get the property at a great price. Here’s some examples of when that happened.
Understanding when a list price isn’t working – and why – is a crucial skill for a listing agent. That knowledge can be used to get the sale back on track. Make no mistake, there is a right way to lower your listing price – and a wrong way.
Without a doubt, 2020 is getting off to a very unusual start. Whether it’s detached houses, semi-detached, townhouses or condominiums, you should know exactly what is going to happen next.
How long does it take to buy? To sell? What happens, in what order and what can’t be rushed or skipped without the whole thing falling apart? Here’s the timelines you need to know if you’re buying or selling real estate.
