According the the CBC, the normally hot spring market is in a deep freeze as the CORVID-19 pandemic impacts the country.
Read More Here: Canadian real estate markets hit hard by pandemic
If the frozen market isn't for you and you are considering your options, contact us to see how we can help!
According to the HUFFPOST, Corvid-19 has caused the Toronto Home Sales to come to nearly a full stop. Sales have dropped the biggest amount that the Toronto market has ever seen.
To Read all about it, visit the HUFFPOST: Toronto Home Sales Drop 76% Amid COVID-19 Shutdown
If a crashing market isn't helping your income and you are considering your options, contact us to see how we can help!
With the potential for quarantines in the major urban areas of Canada due to the COVID-19 pandemic, the normally hot spring Real Estate market is likely to grind to a halt. Combined with the meltdown of the financial markets, many home buyers are panicking, worried that their investments will not not contain the capital they need for down payments.
With the very real threat of recession on the horizon, many home buyers will be reluctant to take on large debts. Home prices and sales are likely to suffer.
If the impending market slowdown is making you consider your options as a Real Estate Professional, contact us to see how we can help!
Image by Arek Socha from Pixabay
The Ontario Real Estate Association is asking all realtors to stop having open houses during the Province’s COVID-19 State of Emergency. Realtors need to do their part in protecting the health and safety of their clients and the general public.
"I am calling on all Realtors to cease holding open houses during this crisis and advise their clients to cancel any that are planned. If a client has an urgent need to sell or buy a home during the COVID-19 crisis, there are other real estate tools that Realtors can use for showing a property including virtual tours. Let’s put our clients and communities first and focus on protecting the health and safety of all Ontarians." said Sean Morrison, OREA President.
Image by Paul Brennan from Pixabay
Would you embark on a road trip without an end destination in mind? If you did, you would drive around a lot, see a lot of places, but you wouldn’t get where you are going because you don’t know where that is. If Mr. Roger Clemens, one of the best pitchers of all time, were standing on the pitcher’s mound, what are the chances that he could throw a pitch right across home plate? Now, if Mr. Clemens were blindfolded and then spun in circles a few times for good measure, the probability of a perfect pitch drops dramatically. What are the chances of people achieving their goals if they are blindfolded and dizzy? Goals require clarity and focus that can only be achieved with proper structure and definition.