Blog by Ravi Singh

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My Recent Experience with Assignment Condo Investors

October 27th, 2015

My Recent Experience with Assignment Condo Investors...

What you need when buying condos for the purpose of investment is quite simple. You need a looped in advisor who can skim all the fat away and get you a real deal. My current favourite deals are good assignments in good buildings with good floorplans.


Why?

 

Assignments are a glitch in the system. The near perfect exposure via MLS of ...

Press Release - First Time Buyer Segment Expected to Bolster GTA Home Sales

October 5th, 2015

 For immediate release

 

Healthy first-time buyer segment expected to bolster GTA home sales

in 2015/2016, says RE/MAX Hallmark Homebuyer Survey

41 per cent of first-time surveyed buyers are single

 

Toronto, ON (October 5, 2015) --  First-time purchasers represent almost one-third (32 per cent) of surveyed homebuyers seriously intent on making a move over the next 18 months in the ...

September Seasonality...

September 2nd, 2015
NewListingChart.jpgSeptember Seasonality...
By Ravi Singh

Roll up your sleeves home buyers and sellers, the Fall market is upon us. Labour Day to Halloween is high time for house hunters and home owners looking to make a move before the end of the year.

 

As you can see in the chart provided by the Toronto Real Estate Board, the volume of new listings hitting the market in September is over 15,000 as opp ...

6 Things to be prepared for Multiple offers.

May 11th, 2015

6 Things to be prepared for Multiple offers.

By Ravi Singh

So incase you didn't notice, the GTA housing market is hot. There is no shortage of buyers for a very tight inventory. What does this mean for you? As a buyer in this market... you have to be ready to go and ready to offer as strong as possible. Here are 6 things you need to do when you're working as a buyer in multiple offers. ...

The Top 3 Times to Buy Pre-Construction Condo

March 17th, 2015
The Top 3 Times to Buy a Pre-Construction Condo
By Ravi Singh

There's a lot of different viewpoints on pre-construction condos and the condo market in Toronto. Many feel there is going to be a price correction and some feel the market is very overvalued. My personal opinion is good product will continue to be good product and continue to appreciate at a high rate. The absorption rate wil ...

Condo buyers, in 'enormous shift,' saying no thanks to parking

March 17th, 2015

Condo buyers, in ‘enormous shift,’ saying no thanks to parking

By: Alexandra Posadzki The Canadian Press, Published on Mon Mar 16 2015

www.thestar.com

When Barbara Lawlor first joined Baker Real Estate, a Toronto firm that markets and sells new condo developments, over two decades ago, selling a condo unit without an accompanying parking spot was a Herculean feat.

To ...

What's so special about Condo Towns?

February 27th, 2015

What's so special about Condo Towns?

By Ravi Singh

 

There is a term kicking around called "new urbanism". A thought that millennials and Gen Y's are interested in having shorter commutes, better walkscores and abundance at their doorstep. This movement is driving demand in the downtown core and increasing consumption of condo housing.

 

In my opinion... there is a sweet spot in the ...

ReMax Canadian Housing Market Outlook 2015

January 20th, 2015
ReMax Canadian Housing Market Outlook 2015

Please see the "birds eye view" Canadian Housing Market Outlook for 2015 from ReMax. Its a great quick video guide. Please remember the variance from street to street, building to building is something that local Realtors are qualified to advise on. In the coming year, there will be more information from our team on special pockets to invest in ...

House Sales in GTA Close to Setting Record, Despite Listings Shortage

January 7th, 2015
House Sales in GTA Close to Setting Record, Despite Listings Shortage
By Susan Pigg
www.thestar.com

House sales across the GTA fell just 326 transactions short of setting a record in 2014, even in the face of a shortage of listings that continues to drive intense bidding wars and helped push up prices 8.4 per cent over 2013.

Some 92,867 houses and condos changed hands in 2014. T ...

Shortage of House Listings in Toronto could be Boon for Condo Sales: Scotiabank

March 28th, 2014
Shortage of House Listings in Toronto could be Boon for Condo Sales: Scotiabank
By: Susan Pigg

The shortage of single-family homes for sale across Toronto is likely to buoy the resale condo market this year as first-time buyers look for an affordable alternative to a place with a picket fence, says a new report from Scotiabank.

It appears to be the lack of listings — and not la ...

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