Nilufer Mama's blog

Wishing everyone celebrating a very Happy, Safe and Prosperous Easter. May it bring with it lots of good health and happiness to all.

Wishing everyone celebrating a very Happy, Safe and Prosperous Navroze. May it bring with it lots of good health and happiness to all.

Technology and a little creativity are helping buyers and sellers navigate the new real estate normal. Here is what buying and selling now looks like.

1. Virtual Showings

2. Desktop & Drive-by Appraisals

3. Live Video Inspections

4. Mortgage Rates & Locks

5. Employment Verification

6. Remote Notarization

As a result of the pandemic, we’re reevaluating what we need in a home. Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy this year.

The Canadian housing market has been hot for the last several years. Last year, it seemed that the pandemic could be the one factor that would hamper its record run. But the housing market gained momentum due to the pandemic. Concerningly, the Bank of Canada governor has now started seeing this exuberance as excessive.

Are you having a hard time selling your listings? Usually, there are three main reasons why a home isn’t selling. Once you identify what’s wrong and fix it, you’ll be well on your way to achieving your goals.

1. Price

First and foremost, is the pricing of a home. Wrong pricing will signal to agents you aren’t a serious seller and also shy away people searching online from reaching out

Everyone thinks their real estate market is hot, but they don’t realize they almost all are. Canadian Real Estate Association (CREA) data shows large home price gains in January. Not just for the year, but for the actual month. The increases were actually so big, almost two dozen markets saw prices climb 5-digits.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in January 2021.

SUMMARY:

• National home sales rose 2% on a month-over-month (m-o-m) basis in January.

Here's a quick overview of the Toronto Real Estate Market update for January 2021