Hello readers! Thank you for your ongoing patience as I work out the kinks and continue to plug away behind the scenes on upgrading this site. The end goal is that it is a much better site for you! If you have any suggestions on how I can make this an even better site for […]
TREB released their data for sales in the GTA for the first half of July and the numbers are consistent with everything from 2008 thus far. Sales are down from 2007 numbers (-11%), but prices are still on the rise (+1%), albeit very slowly. Here is the full release from TREB: TORONTO, July 17, 2008 […]
There are so many real estate-related TV shows available now it’s incredible. People have always had a fascination with our industry and how it works. It seems as though Reality TV and Real Estate are made for each other. One of my favourite shows is Bravo’s Million Dollar Listing. It debuted about a year ago […]
I came across an interesting post over at New Condos Online about how American developers should start aggressively pursuing Canadian buyers for their product due to the relatively strong Canadian economy and the (until very recently) high Canadian dollar. This is very timely advice for American developers to consider. Most US Real Estate Markets are […]
Not a very sexy post title I know, but just because you are buying a pre-construction condo in Toronto doesn’t mean that you can avoid the world of traditional mortgages. Normally when you buy a pre-construction condo you have to put down a series of deposits to secure your suite with the developer. How much […]
As I talked about in my previous post, understanding deposit structures and mortgage approvals is essential to purchasing a new condo from a developer in Toronto. However, what do you do when you can get the funds for the deposits, but you run into trouble when it comes to securing mortgage preapprovals? This can occur […]
August 22, 2008 / by Andrew la Fleur /Insights, News
Interesting article in today’s Globe and Mail about more anecdotal and factual evidence that the Toronto resale market is slowing down. Agents are starting to see conditional offers more and more, negotiations are actually taking place, and sellers who price their property too high are getting a rude wake-up call to the new realities of […]
August 26, 2008 / by Andrew la Fleur /Insights, News
When it comes to real estate statistics, I always take everything with a grain of salt. Fact is, most real estate statistics are compiled and released for general media consumption by the real estate industry: Real Estate Boards, CMHC, Real Estate Marketing companies, Realtors, Lenders, etc. They have a vested interest in a robust housing […]
Thousands of people visit my website every week, most looking for information about new condo developments in downtown Toronto. Many are now returning visitors or subscribers who keep checking back for the latest info on the hottest new developments in the city. Thank you to everyone for visiting and I hope you find what you […]
Insights
Site Updates Still in Progress
July 22, 2008 / by Andrew la Fleur / Insights
Hello readers! Thank you for your ongoing patience as I work out the kinks and continue to plug away behind the scenes on upgrading this site. The end goal is that it is a much better site for you! If you have any suggestions on how I can make this an even better site for […]
Read more
Toronto Real Estate Market: Sales Still Down, Prices Still Up
July 18, 2008 / by Andrew la Fleur / Insights
TREB released their data for sales in the GTA for the first half of July and the numbers are consistent with everything from 2008 thus far. Sales are down from 2007 numbers (-11%), but prices are still on the rise (+1%), albeit very slowly. Here is the full release from TREB: TORONTO, July 17, 2008 […]
Read more
Million Dollar Listing Season 2
August 12, 2008 / by Andrew la Fleur / Insights
There are so many real estate-related TV shows available now it’s incredible. People have always had a fascination with our industry and how it works. It seems as though Reality TV and Real Estate are made for each other. One of my favourite shows is Bravo’s Million Dollar Listing. It debuted about a year ago […]
Read more
International Investors & Developers Have their Eyes on Canada
August 14, 2008 / by Andrew la Fleur / Insights
I came across an interesting post over at New Condos Online about how American developers should start aggressively pursuing Canadian buyers for their product due to the relatively strong Canadian economy and the (until very recently) high Canadian dollar. This is very timely advice for American developers to consider. Most US Real Estate Markets are […]
Read more
Deposit Structure and Mortgage Approval for Pre-Construction Condos
August 18, 2008 / by Andrew la Fleur / Insights
Not a very sexy post title I know, but just because you are buying a pre-construction condo in Toronto doesn’t mean that you can avoid the world of traditional mortgages. Normally when you buy a pre-construction condo you have to put down a series of deposits to secure your suite with the developer. How much […]
Read more
Mortgage Approvals for Pre-Construction Condos: Part 2
August 19, 2008 / by Andrew la Fleur / Insights
As I talked about in my previous post, understanding deposit structures and mortgage approvals is essential to purchasing a new condo from a developer in Toronto. However, what do you do when you can get the funds for the deposits, but you run into trouble when it comes to securing mortgage preapprovals? This can occur […]
Read more
Toronto Resale Market Slows; New Developments to Follow?
August 22, 2008 / by Andrew la Fleur / Insights, News
Interesting article in today’s Globe and Mail about more anecdotal and factual evidence that the Toronto resale market is slowing down. Agents are starting to see conditional offers more and more, negotiations are actually taking place, and sellers who price their property too high are getting a rude wake-up call to the new realities of […]
Read more
July Statistics for New Condo Sales
August 26, 2008 / by Andrew la Fleur / Insights, News
When it comes to real estate statistics, I always take everything with a grain of salt. Fact is, most real estate statistics are compiled and released for general media consumption by the real estate industry: Real Estate Boards, CMHC, Real Estate Marketing companies, Realtors, Lenders, etc. They have a vested interest in a robust housing […]
Read more
Why Use a Buyer’s Agent?
October 29, 2008 / by Andrew la Fleur / Insights
Thousands of people visit my website every week, most looking for information about new condo developments in downtown Toronto. Many are now returning visitors or subscribers who keep checking back for the latest info on the hottest new developments in the city. Thank you to everyone for visiting and I hope you find what you […]
Read more