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Government Action and Market Reaction: What Will the Market Do?

The Toronto real estate market is a very hot topic these days. And when people talk about the market, the hottest topic of all is “What’s the government going to do to cool things down?” Well, it looks like we’re going to find out soon enough because the government is poised to introduce measures that […]

List Now or Wait for Later?

The residential real estate market in central Toronto typically slows down during the holiday season. Not because buyers decide to take a break from looking for new homes (although some do), but because sellers take a break. Who wants the stress of putting their home on the market when it’s full of decorations and guests? […]

Selling to a Builder

I had an interesting conversation the other day with a friend of mine. He’s thinking about selling his home in central Toronto and was wondering about whether he should just sell it to a builder and not bother putting it on the market. He was also wondering whether a builder would pay a premium for […]

Anatomy of a Listing

We just finished discussing stale listings – what they are, why you don’t want your listing to go stale and what you can do to avoid that from happening. Now let’s look at a simulated real life example to see what happened when Jim and Jen’s home was on the market because this’ll give you an […]

You See It, You Like It, You Buy It. Or Not. – Part 2

You’ll remember the lesson learned in Part 1: Residential real estate exists in its own strange world in which anything can happen so don’t hesitate. If you see it and like it, buy it. And if you receive a good offer for your home, take it. But residential real estate is SO strange that you need to expect the unexpected and […]

Why Timing is Everything!

If the three most important things in real estate are location, location, location, then the fourth, fifth and sixth most important things are timing, timing and timing. Some timing issues are fairly obvious. For example, don’t try to time the market perfectly because  that’s pretty much impossible. Also, if you have a choice, don’t list your home […]