We are getting closer to the end of the year and the Christmas holidays. This year has been characterized by high prices for income properties, low cap rates and a sellers’ mentality that their properties are worth almost anything. I look forward to a time when negotiation becomes common real estate practice again.
Toronto FC is in the MLS finals again this weekend. Can we bring home our second major soccer championship?
Stay tuned in the upcoming months for some exciting changes that will be happening here at Plex Realty. We’re looking forward to a very exciting 2020.
- P.A.
urhoods for Real Estate InvestingRead the full article:
Toronto’s Best Neighbourhoods for Real Estate Investing
The Toronto Real Estate Board reported 7,825 homes sold in September 2019. This September sales volume represents a 1.7 percent increase over the sales volume reported for August 2019 and was 22 percent higher than the sales volume reported a year ago for September 2018.
Season’s Greetings everyone! I would like to wish you, your family and all your friends the warmest wishes for a safe and happy holiday season. I’m looking forward to taking some much needed down time over the upcoming break. For those of you who don’t know, I built an audio recording studio in my basement…
Happy Labour Day everybody. I hope everyone enjoyed the Olympics and that all of you had a chance to take a little break over the summer. It is now September, the kids are going back to school and we’re all settling into that fall mentality. Since the Toronto real estate market started to slow down…
I hope everyone is enjoying the summer and had a great August long weekend. The real estate market is still in summertime mode, where most sellers wait until September to put their properties up for sale. In a few weeks we should be seeing plenty more properties hit the market. Since interest rates are still…
Can you believe that at the end of this month we will be half way through this year? Time flies quickly my friends. For those of you who have been keeping up with my monthly updates, you know that the Toronto income market has been quite challenging on the buy side so far this year….
In This Issue: How to choose the right tenant for your rental property & How to determine the financial viability of an income property
In last month’s newsletter, I addressed the current controversy surrounding opening up the MLS to the public and dissecting what many think are very high realtor commissions. First off thanks to all of you who wrote in supporting me and commenting that I very much earn what I make based on the time and service…