Tyler Tim Realtor

Real Estate Consultants are trained professionals. They know what properties are selling for. They know what the market demand is. so, when they arrive at what is considered fair market value for your home, they aren't just guessing. They know. You may not be reaching many qualified buyers, if your house is not properly marketed. This can be very costly in terms of lost time, effort and money. Real Estate Consultants have a wealth of prospective buyers. Real Estate Consultants will not show your home to buyers who are not financially qualified to meet your asking price. If you've ever tried to show your home yourself, you know what an inconvenience it can be when buyers stop by unexpectedly. With a Real Estate Consultant, prospects will be shown the house by appointment only. Real Estate Consultants serve as an objective, third party, so a buyer is inclined to listen to them, making a sale more likely. Real Estate Consultants can advice you as to the best possible m

The GTA housing market has gotten off to a frosty start in 2018, with housing prices and sales falling in the first two months of the year. But as the market continues to cool, some Toronto neighbourhoods stand to lose more value than others, according to one expert. In a recent report, CMHC deputy chief economist Aled ab Iorwerth writes that Toronto’s luxury single-family detached homes could see prices take a dive in 2018, after a red-hot 2017. After climbing for the first nine months of 2017, sales and prices of Toronto single-family homes have been steadily dropping, as the market adjusts to the effects of new mortgage rules and an interest rate hike. Neighbourhoods such as the Bridle Path, where the average sale price for a home in 2017 was $2.6 million, could see their value decrease as the market cools. But not everyone thinks the luxury real estate market should brace for a price decline. According to Toronto-based realtor Ralph Fox, while sales may be slowing, price

The start of Daylight Savings guarantees two things: one, that you’ll be groggy on Monday morning, and two, the time-honored tradition of spring cleaning looms. If you’re looking to get a head start on your cleaning checklist, consider tackling an organization project that takes just one or two days. Here are five feasible organization projects that you can complete over the weekend: 1)     Entryway Since entryway is a central hub of your home, it is essential that you keep this place organize and clean. “Every member of your family should have their own little space where they can dump their backpack, coats, mittens, etc.” Whether you’re working with a hall closet, mudroom or just a smidgen of wall space, it’s important to add storage solutions to keep clutter in check. “If you don’t, it just becomes a nightmare,” confirms Butler. “It’s a family command center and it needs to be organized so that everybody is on the same page.” 2)     Paper Documents “Paper is

Toronto’s real estate market has plenty of talks regarding the expected boom of housing market over the past few months. But according to a new report, five other Ontario cities’ housing markets are going to explode in the next few years. According to the real estate research organization Real Estate Investment Network (REIN), Ottawa, Kitchener-Waterloo, Hamilton, Barrie and Brampton all have the potential to become leading housing markets in the next five years. To back up their prediction REIN measured several economic factors that might affect the growth of each market such as GDP, employment and population growth. “On January 25, an agreement was signed to redevelop LeBreton Flats, prime land close to the downtown core of Ottawa,” reads the report. “The plan includes a new LRT station and will move Ottawa’s hockey team to a new home. It is expected that the plan will have a strong positive effect on demand and values.” Other factors driving the Ottawa housing market? Ho

Feel insecure about how small your home is? Well keep scrolling to make things worse! 1. John Legend and Chrissy Teigen's Beverly Hills mansion fit for royalty.  Price - $14.1 million 2. Leonardo DiCaprio's Malibu bachelor pad. Price - $10.95 million 3. Nick Jonas' house in West Hollywood. Price - $3.6 million 4. Jimmy Buffett's Beverly Hills oasis. Price - $8.25 million 5. Jennifer Lopez' Hidden Hills mansion. Price - $10 million 6. Chris Hemsworth's beautiful Malibu mansion. Price - $7 million 7. Selena Gomez' Fort Worth, Texas, mansion that is basically its own zip code. Price - $2.25 million 8. L.A. Reid's Bel-Air mansion. Price -  $18 million Which one of these homes is your favorite? Leave a comment down below! Source -  https://www.buzzfeed.com/whitneyjefferson/jaw-dropping-celebrity-homes?utm_term=.frm9jzGb4#.fcdzRnqDX

Demand outpacing supply is the main reasons for Toronto’s sky-hig real estate prices. Now, according to a new survey, Millennials are calling for greater density in the GTA. According to the survey by Toronto Region Board of Trade, 83 percent of GTA Millennials says that the cost of housing is making it hard to save up for retirement. On the other hand, 65 per cent reported that it is difficult to payoff debt with the current housing price The solution? A whopping 79 per cent of Millennials surveyed said that there weren’t enough two- and three-bedroom condos and apartments available in the GTA. Interestingly, 62 per cent surveyed said that there were already too many one-bedroom condos on the market. “I think that particularly finding comes from the fact that a lot of Millennials will eventually want to start families, and they’re looking for an affordable option to do that,” TRBOT CEO Janet De Silva tells BuzzBuzzNews. According to Urbanation, Toronto’s purpose-built vacan

Montreal Housing Market is  'On Fire' As Sales Drop In Toronto, Vancouver and things are just getting better!  Montreal was one of Canada's hottest real estate markets last year as low unemployment and economic growth translated into the area's best sales growth in a decade. Total sales in the Greater Montreal Area increased eight per cent to 44,448 on the strength of condominium sales and good overall activity on the Island of Montreal. Sales growth exceeded 20 per cent in five of the city's most popular borough s. Last week  CDPQ infra which is dedicated to the development of infrastructures and their management, announced that they are planning to build the largest public transportation network built in Montreal in the last 50 years: known as the Reseau express metropolitan, or REM. The project which is set to start construction in April and welcome riders in the summer of 2021 is a regional light rail project which will consist of 26 stations acr

The first half of 2017 was a dark time for GTA home buyers. Home prices were raising to unheard heights, which caused many buyers to question if they can even afford to own a property in the area at all. According to Hilliard Macbeth, 2018 might finally be the perfect time to buy! Macbeth says "for those few people who have waited for house bargains, 2018 could be the year," and that "your patience will finally be rewarded." MacBeth predicts that interest rates and mortgage rates will be on the rise over the course of the year. The bank of Canada has increased interest rates twice in 2017 and markets are expecting more in 2018 says MacBeth.  MacBeth also predicts a decrease in consumer spending, after a solid 2017. Retail sales rose from $25 billion in 2009 to $34 Billion in 2017. A final factor in a cooler housing market for 2018 is that the plunging Canadian dollar is bringing with it falling housing prices. The darkest of MacBeth predictions? That the

Sure, most Canadian housing markets are projected to see a cooler first quarter in 2018, but what about Toronto? As one of the country’s hottest real estate markets, it often doesn’t follow national trends. According to industry experts, it is likely that the Toronto market will cool over the next few months, as it adjusts to new mortgage rules and an interest rate hike. In the first two weeks of January alone, condo sales dropped 21 per cent year-over-year, while detached home sales fell by 20 per cent. Experts anticipated that GTA market is off to a slow start in 2018 But what about the rest of 2018 — what can Torontonians expect from the sometimes hard-to-predict market? These experts have some ideas. Condo prices on the rise As many continue to be priced out of the low-rise market, Toronto’s condos have long been the property type of choice for first-time buyers on a budget. But as demand — and prices — continue to climb, that may come to an end in 2018. “While many en

Canadians getting, renewing or refinancing a mortgage might have to prove that they would be able to cope with interest rates substantially higher than their contract rate. New rules by Canada’s federal financial regulator announced in October mean that  even borrowers with a down payment of 20 per cent or more will now face a stress test, as h as been the case since January of 2017, for applicants with smaller down payments who require mortgage insurance. Some 10 per cent of Canadians who got an uninsured mortgage between mid-2016 and mid-2017 would not have qualified under the new standards, a recent analysis by the Bank of Canada suggested. To put a number on it, the rules will likely affect about 100,000 homebuyers, who would qualify for a mortgage for their preferred house today but will likely fail the stress test for an equally large loan next year, according a  report  published by Mortgage Professionals Canada, an industry group. Here’s how the new guidelines mig

2017 was a strong year for Toronto’s real estate market, and many industry watchers have been predicting a cooler start to 2018. But what other trends does the year have in store for us?  According to Altus Group senior director Matthew Boukall, "the number one trend we're seeing heading into 2018 is a decline of new single family home sales, and a corresponding increase in new condo sales," which means that sales are steady, tread water, but there is a new shift in what people are buying Other than the construction of new homes, Boukall believes that there are plenty of other trends that are in store for the Toronto housing market this 2018. New Condo Sales to Remain Strong While sales will remain strong in 2018, it will be difficult for them to surpass 2017's strong and firm numbers, as prices continue to rise. Boukall says that, "new condominium apartment sales are expected to remain elevated in 2018,". There have been 36,400 new constructio

With the new mortgage rule at hand, Canada’s Real Estate Market will bring new challenges and opportunities for the year 2018. Here are 5 Key Facts that you need to know. 1) More local than ever To begin with, there's no such thing as a Canadian real estate market. What happens in Toronto and Vancouver’s booming housing market is quite different from that in, say, recovering areas such as Calgary and Edmonton. The momentum for each month in national home sales activity gained strength late last year, and further expected economic and job growth will boost sales activity this year despite the rising interest rate.  According to  Canadian Real Estate Association  President Andrew Peck said, "Even so, momentum for home sales differs depending on location and type." "While activity remained below year-ago levels in the GTA, the decline there was more than offset by some sizable year-over-year gains in the Lower Mainland of British Columbia, Vancouver Is

A booming Canadian economy has driven the Bank of Canada to increase its lending rate a quarter of a point for the third time since last summer.  However, the demand for housing in the Toronto area remains solid that the higher mortgage rates won’t have a big impact on home sales.  The Bank of Canada’s move to increase the benchmark rate to 1.25 per cent will drive up variable mortgages and consumer loans was widely anticipated since the introduction of stress testing  Royal Bank of Canada’s moved in increasing their benchmark rate was followed by other major Canadian Banks such as Bank of Montreal, CIBC, Scotiabank and TD Canada Trust.  According to Pasalis “The mood overall is relatively positive. A lot of buyers need to buy a house,” he said, speculating that many of those are jumping back into the market, after putting their home search on hold last year.  But Pasalis doesn’t discount the financial stress that is mounting on homebuyers and owners, who have stret