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Rashida's Corner

Sunday Feb 04th, 2018

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2017 was an interesting year for the Toronto real estate market.   It was a roller coaster ride of activity, the highs and lows brought about by government’s decisions to try to slow down home prices increases utilizing negative policy changes.   Record sales in the first quarter of the year were followed by a decline in demand in the spring and summer, as home buyers adopted a wait and see attitude towards purchasing as the Ontario Fair Housing Plan (FHP)... [read more]

Rashida's Corner - December Market Update

Sunday Dec 10th, 2017

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Well, though I hate to admit it, I was wrong!  I predicted 6,500 homes sold in November when in fact there were 7,374, making November 2017 one of the best Novembers in HISTORY!!  The reason for this is simple, the government announced changes to the mortgage qualifying rules commencing January 1 2018, and a lot of buyers jumped into the market to make sure that they qualified under the old criteria.  This resulted in stronger than usual sales and that trend will continue in... [read more]

SEVEN SAFETY TIPS FOR YOUR NEW HOME

Sunday Dec 10th, 2017

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SEVEN SAFETY TIPS FOR YOUR NEW HOME   When you first move into your new home it is a good idea to take care of a few small things that can make a big difference when it counts.   1.    Change the locks on all your exterior doors.  Unless your house is brand new you never know how many strangers may have a key to your front door.   2.    Replace the batteries in all the smoke detectors in the house.  Record the date in your... [read more]

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