Price it Right

Setting the right price is crucial for a quick sale. Ask your real estate agent to Research the market value of similar properties in your area and price your home accordingly. Avoid overpricing your home, as this can deter potential buyers. This is not the time to play market games and experiement with pricing.

Etobicoke real estate market has been experiencing a steady increase in prices in recent years. However, there are some factors that may impact the market in the near future, such as the increase in Interest Rates, changes in immigration policies, and economic growth.

Etobicoke Detached Homes Are Still In Demand

Did you know that spring is peak home-buying season, with 40% of purchases happening between March and June? If you’re looking to buy a condo in Etobicoke this spring, here's what you should do to prepare for the fast-paced and competitive market:

1. GET PRE-APPROVED AND SET A BUDGET for buying your Etobicoke Condo

LOOKING AHEAD: HOME PRICES MAY FALL

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?

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.

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.

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.