Jelena  Petrov

Jelena Petrov

Real Estate Agent

Right at Home Realty, Brokerage*

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Jelena Petrov's blog

Is the Housing Market Experiencing a Chill as Temperatures Warm Up this Spring?

The housing market is in the news lately and there are a lot of mixed messages and confusion. On one end and we are hearing of never-ending bidding wars for the hot properties in GTA and homes selling within just a few days on the market, on the other fears of recession and inflation. Is the combo of inflation, high real estate prices, and rapidly rising interest rates finally affecting the Etobicoke real estate market?

Let's look at the data.

How much equity could you have in your Etobicoke Home or Condo?

Home equity is the portion of your home that you’ve paid off, in relation to today's market value:  it’s the difference between what the home is worth and how much is still owed on your mortgage.
As time goes on and you continue to pay down your mortgage principal, your equity grows.  Usually, the longer your own your home, the more equity you gain ... because you are paying down your mortgage.

3 Benefits of Buying and Holding Real Estate During Inflation

As Etobicoke real estate agent, I often get asked about the benefits of investing in real estate during periods of inflation. While there are many benefits to investing in real estate, here are three of the most important ones:

1. Real estate typically keeps pace with or outperforms inflation. This means that if you invest in real estate, your investment is likely to maintain its value or increase in value over time.

Late 2020 GTA Condo Market- A window of Opportunity for Canadians

A WINDOW OF OPPORTUNITY FOR CANADIAN BUYERS

Toronto real estate market, specifially Toronto Condo market has been in a temporary pause mode for the past few months.This is less of a local problem and is largely mirroring the trend of the US and Global Urban Real Estate Markets.

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