August 2020 - Real Estate Market Update - York and Simcoe Region - GTA

By: Gemma Leggett

August 2020 - Real Estate Market Update - York and Simcoe Region - GTA

Tags: Market Update York Region, Market update Simcoe Region, GTA Market update

  As we enter fall, the real estate market in Toronto and the GTA is still going strong!  In fact, August was another record setting month!  Low borrowing costs, increased demand and competition between buyers has pushed homes sales and prices to record highs.   Here is a glimpse at what The Toronto Real Estate Board REALTORS through TREB's MLS System has release...Read More

First time home buyer - Budgeting

By: Gemma Leggett

First time home buyer - Budgeting

Tags: First time home buyer, Budgeting to buy your first house

  Your home may well be the biggest purchase you’ll ever make. Most Canadians take on a mortgage so they can stretch payment out over many years. You have to save, at bare minimum of 5 % of the purchase price.  And don’t forget to add closing costs (Land Transfer Taxe, Lawyer fees, Movers etc.). So on a $500,000 dollars home, you will need 25,000 dollars.  He...Read More

JULY 2020 - YOUR REAL ESTATE MARKET UPDATE

By: Gemma Leggett

JULY 2020 - YOUR REAL ESTATE MARKET UPDATE

Tags: REAL ESTATE MARKET UPDATE, TREB MARKET UPDATE, YORK REAL ESTATE MARKET, SIMCOE REAL ESTATE MARKET

There has been no slowdown in the summer real estate market.  In fact, July was a record-breaking month in The Toronto & GTA Real Estate Market!  In a month that is in a traditionally slower time of year, the market still shows no signs of letting up!   As in June, we were still in a SELLER's market in July!  The buyers are still out there but the inventory continues ...Read More

June 2020 - The Real Estate Market is on fire! 

By: Gemma Leggett

June 2020 - The Real Estate Market is on fire! 

Tags: Real Estate Market Update, TREB Market Update, York Real Estate Market, Simcoe Real Estate Market

    We are still in the middle of a Pandemic... Yet The Toronto Real Estate Market is on Fire! So if you are looking for a discounted property, you might not find it! If you tried to sell in June, you were most likely successful, and if you tried to buy, you were most likely competing with other buyers.  In June 2020 we were in a SELLER's market and we are still tod...Read More

Collateral Mortgage - Should you CONSIDER it?

By: Gemma Leggett

Collateral Mortgage - Should you CONSIDER it?

Tags: Collateral Mortgage, Mortgage Newmarket, Newmarket Real Estate, Newmarket Realtor, Aurora Realtor, Aurora Real Estate

Have you ever heard of Collateral Mortgages? A collateral mortgage is a type of mortgage that will give you more funds than a conventional mortgage. It allows you to secure a mortgage against your property. It's like a Home Equity Line of Credit (HELOC), you can borrow more money, without having to refinance.  When applying for a mortgage, we’re familiar with asking about th...Read More

Real Estate Market Update for May 2020 | New CMHC rules! 

By: Gemma Leggett

Real Estate Market Update for May 2020 | New CMHC rules! 

Tags: CMHC New Rules, Real Estate Market Update May 2020

  After 2.5 months of isolation and social distancing, the GTA tentatively sets dates for reopening a few services at a time. Is the Real Estate Market rebounding already? I got you the Toronto Real Estate Market Stats for the month of May 2020.  Also, there was an interesting debate last week between a few real estate professionals, mortgage lenders, and the CMHC. Canadians looki...Read More

Real Estate Market Update - April 2020

By: Gemma Leggett

Real Estate Market Update - April 2020

Tags: Toronto Real Estate Market Update April 2020, Market update April 2020

  How much did Covid-19 affected the Toronto Real Estate Market in April 2020?  My colleagues and I have prepared some great insights for you to watch :                                            The Toronto Real Estate Board REALTORS® through TREB's MLS® System h...Read More

How Covid-19 impacts the Real Estate Law | Interview with Mitchell Korman | Toronto

By: Gemma Leggett

How Covid-19 impacts the Real Estate Law | Interview with Mitchell Korman | Toronto

Tags: Covid-19, Covid-19 Impacts, Real Estate Law, Mitchell Korman, Toronto Real Estate,

Have you purchased a home and wonder if it will close on time? Can you back out of buying the house if you lost your job? As a tenant, can you legally stop paying your rent? or refuse showings during Covid-19?   I sat down with Mitchell Korman from Korman and Company, to talk about the impacts that have Covid-19 on the Real Estate Law in Toronto. When you watch, you will learn: • 0.44 s...Read More

How realtors take selfies now...

By: Gemma Leggett

How realtors take selfies now...

Tags: Showing Real estate during Covid-19, Realtors in the world

My friend and Realtor® Sara Kalke from Re/Max in Edmonton wrote this message and I thought it was so powerful, I wanted to share... "Behind that mask is a whole bunch of emotions... We are excited to be working. We’re sooooo happy to get out of the house. We’re thrilled to meet new people... to learn your story and help you with your next home. But we are also scared.....Read More

March 2020 - Real Estate Market Update - York and Simcoe Region - GTA

By: Gemma Leggett

March 2020 - Real Estate Market Update - York and Simcoe Region - GTA

Tags: March 2020 Real Estate Market Update, Toronto Real Estate Market Update March 2020, York and Simcoe March 2020 Real Estate Market Update

Overcoming what we are currently going through has been made more difficult because we don't know when it will all end.  As a friend said - it is like running a marathon and not knowing when it will end. We must put one foot in front of the other, again and again, and have faith we will get to the end - and we will get to the finish line.   That being said, I have gathered few Q &...Read More