Author Archive

Money Smart

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GIVING YOU THE REAL ESTATE FACTS!

TransUnion, is a a credit-monitoring firm similar to that of Equifax.   They recently reported that 26 million Canadians have some form of debt which includes: mortgages, lines of credit, and credit card debt.  Their analysis reported that 718,000 of the 26M would not be able to stay afloat financially if their interest rate went up by as little as 0.25 percentage points. There is concern when interest rates do eventually move upwards.

Consolidations and monthly affordability ...

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No Real Estate Bubble Burst!

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Real Estate Prices have taken a significant increase so the public tends to be concerned “are we going to see the bubble burst”.  I can say with over 36 years experience that Real Estate is still one of the best investments a person/s can have.  The last time the bubble burst was 1990 and compared to today, the market was extremely different.  The condo market is flourishing and we have a variation of buyers and sellers.  The reality is that people ...

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COA

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Excellent exposure for Condo Owners Association on Yelp

It will create better awareness to the general public. Home Owners do not realize how important it is to have a Condo Owners Association to advocate, represent and protect Condo Owners and Condominium Corporations. We have a multitude of new construction not just province wide, but country and world wide. The demographics of many City Skylines are changing to incorporate high multi family dwellings of condominiums no longer at 20 storeys but ...

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Condos

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City of Toronto is holding another round of public meetings

The City of Toronto asks the general public to step forward and help identify condominium issues. Although these meetings are geared to condominium residents to include owners and tenants, condo owners who don’t live in their units should also be paying attention and get involved.  The pitchers are warming up to but interestingly this issue is not only about condominium owners, buyers and/or  tenant concerns. Condominiums are very complex and they ...

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