Toronto Sales are Up not Down! ontariorealestatesource.blogspot.com By Brian Madigan LL.B. (Ontario Real Estate Source) I know that you thought that the sales were going down and that interest rates and the HST had killed the market. You just read newspaper headlines indicating that the market is going down. As evidence of that fact, they [...]
Tag Archives: Toronto
Three ways to protect yourself from condo fraud
Condominums are popular with young, first-time homebuyers, but they aren’t without their complexities – Owning a condo unit is a bit like being a shareholder in a corporation, with all the financial due diligence it demands. Here are the top three ways to protect yourself, the homebuyer, from making a bad investment with your home. [...]
The top 3 reasons why a US-style real estate market crash won’t happen in Canada
With the current U.S. housing markets in difficult times, there has been intermittent talk up north of a similar fate. The newspapers and pundits are abuzz with “will-it-or-will-it-not” talk. Toronto realtor® George O’Neill believes an American-style mortgage market crash is unlikely in Canada and especially in the areas he services – The Beach and downtown Toronto, [...]
Toronto Sales are UP!
Toronto Sales are UP! By Brian Madigan LL.B. (Ontario Real Estate Source) I know that you thought that the sales were going down and that interest rates and the HST had killed the market. The bad month was supposed to be August. So, let’s have a look at the August numbers over the last 7 [...]
ORES Index for August 2010 (Toronto Performance)
ORES Real Estate Index for August 2010 By Brian Madigan LL.B. (Ontario Real Estate Source) Here is the “ORES REAL ESTATE INDEX” which tracks the average resale prices of single family homes and condominiums in the Greater Toronto Area (GTA). It also tracks certain benchmark comparisons such as the price of oil and gold, as [...]
New or Resale Housing?
New or Used ~ New, of course! By Brian Madigan LL.B. Ontario Real Estate Source The TD Canada Trust Home Buyers Report recently indicated the following: “What kind of home do Canadians want? If two homes were at the same price point, three-quarters of first time home buyers would prefer a newer home over an [...]
Toronto Market Declines 8%
Toronto Real Estate Market Declines 8% By Brian Madigan LL.B. (Ontario Real Estate Source) I thought that you might be interested in what has been happening with the Toronto market this year. The market closed out the year at $411,931. The statistics below show what happened in 2010, both the end of the month numbers [...]
ORES Real Estate Index for July 2010 (Toronto)
ORES Real Estate Index for July 2010 By Brian Madigan LL.B. (Ontario Real Estate Source) Here is the “ORES REAL ESTATE INDEX” which tracks the average resale prices of single family homes and condominiums in the Greater Toronto Area (GTA). It also tracks certain benchmark comparisons such as the price of oil and gold, as [...]
ORES Real Estate Index for March 2010
ORES Real Estate Index for March 2010 By Brian Madigan LL.B. (Ontario Real Estate Source) Here is the “ORES REAL ESTATE INDEX” which tracks the average resale prices of single family homes and condominiums in the Greater Toronto Area (GTA). It also tracks certain benchmark comparisons such as the price of oil and gold, as [...]
Real Estate Futures ~ Toronto and GTA
Real Estate Futures (Toronto and GTA) By Brian Madigan LL.B. Betting on the real estate market is as easy as picking up brochures in the model home. Let’s assume that you believe that the real estate market is going up. If you buy a house you will have to pay for it in 2 or [...]
ORES Real Estate Index for January 2010
ORES Real Estate Index for January 2010 By Brian Madigan LL.B. Here is the “ORES REAL ESTATE INDEX” which tracks the average resale prices of single family homes and condominiums in the Greater Toronto Area (GTA). It also tracks certain benchmark comparisons such as the price of oil and gold, as well as the Consumer [...]
Do You Believe Real Estate Headlines?
Do You Believe Real Estate Headlines? By Brian Madigan LL.B. Well, let’s have a look at a recent headline in the Toronto Star: “Existing home sales soar 87% in ‘crazy’ January” The article that followed commenced: “The deep-freeze of January is usually a signal for realtors to take a winter cruise or perhaps a vacation [...]
ORES: 2010 Real Estate Calendar Cycle (Toronto)
Real Estate: The Calendar Cycle for 2010 By Brian Madigan LL.B. Year after year, we are faced with the same cycle, repeated time and time again. Let’s have a look at the last few years and see if we can determine any patterns? We’ll look at the ORES Real Estate Index for single family homes [...]
ORES Real Estate Index for December 2009 (Toronto)
ORES Real Estate Index for December 2009 By Brian Madigan LL.B. Here is the “ORES REAL ESTATE INDEX” which tracks the average resale prices of single family homes and condominiums in the Greater Toronto Area (GTA). It also tracks certain benchmark comparisons such as the price of oil and gold, as well as the Consumer [...]
Internet Marketing
Questions you need to understand when Sellers ask what you will do to market their home online. Marketing your Toronto Property Online
ORES Real Estate Index for October 2009
ORES Real Estate Index Toronto for October 2009 By Brian Madigan LL.B. Here is the “ORES REAL ESTATE INDEX” which tracks the average resale prices of single family homes and condominiums in the Greater Toronto Area (GTA). It also tracks certain benchmark comparisons such as the price of oil and gold, as well as the Consumer Price [...]
False Real Estate Disclosure and the Family Court
False Disclosure Statement Leads to Family Court Contempt By Brian Madigan LL.B. The Zadegan and Zadegan matter is a very unusual case involving the use of a Seller Property Information Statement. Actually, the SPIS formed part of the evidence in a contempt of court matter in Superior Court of Justice (Family Division) before Justice Mackinnon in Ottawa [...]
The Toronto Real Estate Market in June 2010
Where’s the Real Estate Market Going From Here? By Brian Madigan LL.B. On October 20, 2009, the Bank of Canada agreed to hold interest rates at 0.25% until mid 2010. Effectively, that’s the next three quarters. The central bank wants to control the value of the loonie compared to the US dollar. That will aid [...]
Lawyer’s Role in Real Estate Purchase
What Does the Lawyer Do in a Real Estate Deal? (purchase) By Brian Madigan LL.B. You might wonder what a lawyer is supposed to do in a real estate deal? According to the standards of practice, when undertaking the representation of a client in the purchase of a residential property, a solicitor must always: 1) [...]
October 2009 Toronto Market Sets Records
October 2009 Toronto Real Estate Market Reaches Record Heights By Brian Madigan LL.B. Here is the latest report from the Toronto Real Estate Board: Summary Of Mid October Sales Volumes and Average Prices Note: October 2009 are shown with October 2008 in brackets City of Toronto(“416″) Sales: 1,489 (1,140) Prices: $455,001 ($375,804) Rest of GTA [...]
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Carmen Brodeur: Very interesting! I better go buy more wrinkle cre...
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Ria Grace: What is good of having custom home is that you can...
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Patrick: A great online property management forum is agents...
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Kyle Pearce: Unfortunately, in every industry, there are some w...
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
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Unite Against the Sarasota MLS Board
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Short Sale Heaven Coming April 5th 2010
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
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