Renovate or Move – How to Decide

By: Sylvia Smith

Renovate or Move – How to Decide

Tags: RENOVATE, MOVE, DREAM HOME, BEST VAUGHAN REALTOR, VAUGHAN REAL ESTATE, lUXURY hOMES IN Vaughan, Vaughan hOMES FOR SALE

Should you move or renovate? At some point in our lives, we all struggle with making this decision. Quite often this is a challenging decision to make. You may feel that up have outgrown your home or it is feeling outdated or it is looking tired. There are many things to consider when making this decision. Is it possible to add more living space, or do you have enough space but your home just fee...Read More

GTA October 2022 Real Estate Market Update

By: Sylvia Smith

GTA October 2022 Real Estate Market Update

Tags: GTA RENTAL MARKET, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE, Mark crash, MARKET CORRECTION

2022 has definitely been an interesting year from an economic and interest rate perspective.  We experienced crazy demand for real estate in the first two months of the year that resulted in aggressive bidding wars.  But as mortgage rates started to increase the real estate market started to cool off and we have experienced sale price drops since the high of February 2022 due to buyers j...Read More

What is Happening With the GTA Real Estate Market?

By: Sylvia Smith

What is Happening With the GTA Real Estate Market?

Tags: GTA REAL ESTATE MARKET UPDATE, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE UPDATE, BEST VAUGHAN REALTOR, BEST TORONTO REALTOR

  Two and a half years ago our personal, and professional lives drastically changed not only in Canada but across the world. Who would have expected that we would be in lockdown, working and studying from home? What was equally surprising was that most of us in real estate expected the market to crash in 2020 but as we are all aware the exact opposite happened. Why did the real estate marke...Read More

Financial Freedom by Investing in Real Estate

By: Sylvia Smith

Financial Freedom by Investing in Real Estate

Tags: REAL ESTATE INVESTING, FINANCIAL FREEDOM, PASSIVE INCOME, EQUITY, INVESTMENT PROPERTY

Have you been considering what is the best way to get financial freedom for you and your family? Have you considered real estate investing?  Are you dreaming of quitting your 9 am to 5 pm job?   Real estate investing is one of the best ways to generate passive income and build wealth in the long term.  The best part of real estate investing is that the tenants’ rent pays the e...Read More

How the Recent GTA Real Estate Market Changes Have Impacted Rentals

By: Sylvia Smith

How the Recent GTA Real Estate Market Changes Have Impacted Rentals

Tags: TAG: GTA RENTAL MARKET, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE, REAL ESTATE INVESTING, MARKET CRASH

The rental market in the GTA literally collapsed during the pandemic. After many years of a huge demand for rentals, the market dramatically shifted during the pandemic in favour of tenants. Many tenants decided to move during this time as the shift in the market gave tenants an opportunity to rent a better property at much lower rental rates. This happened because many renters left the downtown ...Read More

Is it a Correction or Crash? June 2022 GTA Real Estate Market Update

By: Sylvia Smith

Is it a Correction or Crash? June 2022 GTA Real Estate Market Update

Tags: GTA REAL ESTATE MARKET UPDATE, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE UPDATE, BEST VAUGHAN REALTOR, BEST TORONTO REALTOR

In June we continued to experience an adjustment in the Greater Toronto Area (GTA).  Increased interest rates have resulted in buyers slowing down their decision to purchase a home to assess the impact of interest rates on housing prices.  The first 3 months of 2022 were just not sustainable from January to March all properties sold in a matter of days in aggressive bidding wars.  ...Read More

May 2022 GTA Real Estate Market Update

By: Sylvia Smith

May 2022 GTA Real Estate Market Update

Tags: GTA REAL ESTATE MARKET UPDATE, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE UPDATE, BEST VAUGHAN REALTOR, BEST TORONTO REALTOR

  In May the Greater Toronto Area (GTA) continued to experience an adjustment due to the higher interest rates of borrowing and buyers trying to assess how the increased rates will impact their home buying decision.  We have since February of this year started to experience a softening of the market in several areas across the Greater Toronto Area.  In January and February of 2022,...Read More

Buying Resale or Pre-Construction – Pros & Cons

By: Sylvia Smith

Buying Resale or Pre-Construction – Pros & Cons

Tags: TORONTO REAL ESTATE, TORONTO REALTOR, VAUGHAN REAL ESTATE, REALTOR, RESALE, PRE-CONSTRUCTION

  When purchasing a property there are notably two different purchasing options: pre-construction and resale.  There are a number of benefits and disadvantages to each option. What is pre-construction?  A pre-construction property is a property that you are purchasing either prior to construction even starting or when construction of the property is not finished.  Wherea...Read More

April 2022 GTA Real Estate Market Update

By: Sylvia Smith

April 2022 GTA Real Estate Market Update

Tags: GTA REAL ESTATE MARKET UPDATE, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE UPDATE, BEST VAUGHAN REALTOR, BEST TORONTO REALTOR

In April the Greater Toronto Area (GTA) continued to see an adjustment due to the higher interest rates of borrowing.  Buyers appear to have slowed down their home search and moved to the sidelines to determine the impact on the market and also to assess the impact on affordability.  We have noted a decrease in the number of showings and are receiving fewer if any offers on offer present...Read More

Finally, the Real Estate Market is Changing

By: Sylvia Smith

Finally, the Real Estate Market is Changing

Tags: REAL ESTATE, TORONTO REAL ESTATE, BEST VAUGHAN REALTOR, VAUGHAN REAL ESTATE

The last two years have been surreal both from a COVID perspective but also from a real estate perspective.  When back in March 2020 we went into lockdown most of us in the real estate business expected the real estate market to dramatically slow down.     No one expected that craziness that we experienced over the past 2 years.  We experience a huge spike in demand...Read More