Category: Condo

Getting out of Credit Card Debt

In Canada, the cost of borrowing continues to rise leading to more household consumer debt. This consumer debt usually refers to credit cards, and it can cripple borrowers and families. If you carry credit card debt every month than it’s time to plan and execute a strategy to tackle it for good. It takes discipline […]

GTA Housing Market vs. New York City

In the U.S., New York City has always had a reputation as an expensive city for homeowners. It has its cheaper Burroughs and low-income housing, but the cost of owning a home is sky high. This isn’t just with respect to the beautiful, multi-million brownstones. The cost for the average person or family to own […]

Downsizing your House

As people approach retirement, the common tactic is to downsize their home. A smaller home is more manageable, cost-effective, requires less maintenance and lets you turn an asset into a happy retirement. Here are some tips on how to properly downsize to maximize your property value, and how less square footage doesn’t have to feel […]

GTA Market Stability

In the current state of the GTA housing market, prices are dropping and fewer Canadians are being approved for mortgages. Despite these minor roadblocks, there are signs of stability on the horizon, and the market is poised to strengthen as the year progresses. Let’s look at the GTA housing market and how it’s showing signs […]

The Fear of Pre-Construction

Recently, it was announced that the Vaughan Metropolitan Centre would be the latest condo project to be canceled, leaving buyers in a messy situation that could cost them a lot of money. To makes matters worse, the project was sold out and move-in was scheduled for 2019. As another failed pre-construction project (the total is […]

Toronto: The Smart City

The latest trend in urban development is creating smart cities, where technology is integrated into infrastructure and accessible to all residents. Singapore, Barcelona and London are the case studies and the early returns have been positive with respect to the economy, healthcare, safety and the housing market. What is a smart city, how can it […]

The Eternal Debate: Renting vs. Buying

Should I rent or should I buy? The debate for Canadians has raged on for years. People are constantly divided about whether buying a home is a sound investment or too much responsibility, and the new interest rate isn’t exactly helping. Is renting for suckers who want to throw their money away or does it […]

The Struggle for Affordable Housing

The GTA is having an affordable housing issue that is impacting both owners and renters. An inability for many to buy a home has flooded the rental market which, in turn, has hiked rent as the demand has outweighed supply. The current search for affordable housing is an exhausting and costly exercise that is begging […]

The Impact of Baby Boomers on Housing

The Baby Boomer generation has provided Canada and its housing markets with its most unique set of challenges. As they step into retirement, they are creating a shift in the housing market that is impacting homeowners. Baby Boomers A baby boomer is a person who was born shortly after WWII, a period that saw a […]

Trimming your Monthly Expenses

Most adults face a one-sided ledger every month when it comes to the cost of running their lives. From housing to transportation to insurance to entertainment, life is expensive and these expenses can be even higher depending on where you live. Just because many expenses are fixed doesn’t mean that you can’t pay less. Here […]