Hundreds of investors sank $16.9 million into a syndicated mortgage on a high-profile Barrie development that had been marketed as secure, high-interest paying and RRSP eligible. For ordinary consumers looking to boost their retirement savings, the sales pitch by the mortgage brokers who raise money for Fortress Real Development projects was compelling. It hasn’t […]
Toronto Real Estate Posts
CMHC says Toronto housing market showing signs of overvaluation
CMHC says nine of Canada’s 15 largest housing markets are showing signs of being overvalued. The Canada Mortgage and Housing Corporation (CMHC) said in its quarterly Housing Market Assessment that a majority of Canada’s large housing markets are showing either “moderate” or “strong” evidence of being overvalued. The housing agency looks at housing markets to […]
Toronto Two houses offer a study in how to set an asking price
Two houses – very close in location but polar opposites in presentation – sold this month in a Central Toronto East York neighbourhood. The stalwart family house with the same owners since the 1950s sits at 76 Jackman Ave. – almost across from the front door of Jackman Avenue Junior Public School in Toronto. […]
Identity Theft – 15 Signs Your Identity Was Stolen
A thief could be feeding off of your identity for years before you find out—and when you find out, it’s only when you apply for a loan or to rent an apartment and get rejected on the grounds of bad credit—which the thief has tanked. Another way people find out by accident that their […]
Central Toronto Real Estate TRREB Released August, 2021 Resale Market Figures
Central Toronto Real Estate TRREB Released August, 2021 Resale Market Figures The Toronto Regional Real Estate Board (TRREB) is reporting the third-best sales result on record for the month of August, 2021. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the […]