7 Pro Tips to Help Your Home Sell Faster, for More Money

June 21, 2017 Lana Hawkins 0

Just selling the property the way it is may sound tempting, but does not cut it in today’s market. A home that is set up for sale has better chances of attracting buyers than the one that has not been staged. The latter is targeted by lowball offers and people who want to profit on sprucing up and flipping them […]

Toronto Real Estate: Will Prices Drop Further?

June 18, 2017 Jelani Smith 0

Since the implementation of the Ontario Fair Housing Plan, Toronto real estate shifted, with year over year listings spiking 48.9% in May 2017. Home sales declined 20.3% and the Canadian Real Estate Association (CREA) to cut their forecast for Ontario. The average price dropped 6.1% from April to May, mostly a result of many buyers staying on the sidelines to […]

7 Things Millennials Should Know About Real Estate

June 7, 2017 Jelani Smith 0

On May 23rd, Jessica Moorehouse hosted the second bi-annual Millennial Money Meetup, an event where millennials have the opportunity to learn from panelists in respect to a specific personal finance topic. For the second Millennial Money Meetup – the panel discussion was in regards to real estate (specifically within the Toronto area). The Panelists There were four panelists (including myself) […]

First Time Home Buyer at the Age of 22: How I Did It

May 23, 2017 Jelani Smith 8

During August 2015, I was driving through West Hill, a community in Toronto’s east end. I came across the former Toronto District School Board (TDSB) site of Heron Park Jr. Public School – which had been closed down and went up for sale. Amid Toronto’s rising real estate prices, TDSB has sold some of their properties, turning schools into residential […]

Meet the 30 Year Old Who Burned His Mortgage In 3 Years

May 19, 2017 Jelani Smith 0

Sean Cooper is an ambitious millennial who waved goodbye to his mortgage documents in 3 years and 2 months – something that is not a common financial achievement these days. From early on, Cooper developed good financial habits, worked multiple part time jobs throughout university, and graduated university debt free – with a networth of $70,000. In 2012, Cooper purchased […]

Do Canadians Still Have Confidence in the Housing Market?: Zoocasa Survey

May 16, 2017 Sheila O'Hearn 0

By: Sheila O’Hearn, Zoocasa Affordability in the housing market continues to be a hot topic, as home prices reach record highs in major cities, such as Vancouver and Toronto real estate markets. Combined with policy changes aimed at tightening mortgage qualifications, home ownership has become more challenging for first-time buyers, move-up buyers and downsizers. In addition, concerns about foreign and […]

Ontario’s Fair Housing Plan: 16 New Measures

April 20, 2017 Jelani Smith 0

In response to the hot Toronto real estate market, Ontario government introduced 16 new measures within the Fair Housing Plan. These new measures are expected to address the issue of demand, and supply for real estate markets within the Greater Golden Horseshoe (GGH). Record breaking prices had government officials and economists concerned about the sustainability of the housing markets. The […]

Hot Toronto Real Estate Market: What Will the Governments Do?

April 19, 2017 Jelani Smith 0

As Toronto-area home prices continue to hit fresh records, governments are under pressure to look into measures in order to cool the housing markets. Three levels of government, Mayor John Tory, Ontario Finance Minister, Charles Sousa, and Federal Finance Minister, Bill Morneau agreed to not introduce any measures that would increase demand for Toronto Real Estate. As of March 2017, […]

New Buyers Beware: Escalating Condo Occupancy Fees

April 17, 2017 Sheila O'Hearn 0

By Sheila O’Hearn, Zoocasa Buyers who’ve managed to get in on unfinished condo projects in a market where sales are exceeding supply in the GTA real estate market, might not want to uncork the champagne bottle quite yet. Are you prepared for the financial impact of occupancy fees on your budget? Purchasers of units in larger projects will doubtless find […]