🏠One of the biggest pricing mistakes I see in North York is this: Homeowners using old peak prices to decide today’s value. I understand why. You remember what your neighbour sold for in 2021.You remember headlines from 2022.You remember when homes were selling in one week. But today’s buyers are not looking at 2021. TheyContinue reading “The 90-Day Reality Rule”
Tag Archives: housing-market
The “3-Level Pricing Test” Before You List
The “3-Level Pricing Test” Before You List🏠One of the biggest risks for freehold sellers in North York today is not the market. It’s starting at the wrong number.🏠Not because the home isn’t worth it —But because pricing is influenced by emotion, outdated comparables, or last year’s headlines. Before you speak with any agent, I suggestContinue reading “The “3-Level Pricing Test” Before You List”
Why Some Homes Sit🏠
Some homeowners in Bayview Woods–Steeles are surprised when their home doesn’t attract showings right away. Often, it’s not the home. It’s pricing that reflects last year’s market instead of today’s buyers. In this market, buyers compare carefully. If a property feels even slightly above what they expected, they move on quietly. No complaints.No negotiation.Just silence.🏠ThatContinue reading “Why Some Homes Sit🏠”
What a Good Realtor Actually Does for Sellers🏠(It’s more than putting a home on MLS.)
Many homeowners in Bayview Woods–Steeles and Don Valley Village believe selling is mostly about putting the property on MLS and waiting for offers. In stronger markets, that sometimes felt true. Today, it isn’t. For freehold homes — especially those owned for 20, 30, even 40 years — the real work happens long before the listingContinue reading “What a Good Realtor Actually Does for Sellers🏠(It’s more than putting a home on MLS.)”
A True Story: Why Choose a Realtor Who is Also a Handyman?
You have a realtor, who is also a handyman. Would you choose him again to buy and sell in the future? I started by drilling holes and using my jig saw to cut out both ends of the rotten parts of the deck boards. Once the bad sections were removed, I measured and installed newContinue reading “A True Story: Why Choose a Realtor Who is Also a Handyman?”
Buying Your First Home? A Guide to Making the Right Choice
Purchasing your first home is an exciting milestone, but it can also feel overwhelming. With so many factors to consider—location, budget, amenities, and future growth—it’s essential to make an informed decision. If you’re looking for a great starter home in the heart of Richmond Hill, this two-bedroom, one-bathroom apartment at 310 Red Maple Rd, Unit 1203,Continue reading “Buying Your First Home? A Guide to Making the Right Choice”
GTA Home Buyers Gain More Negotiating Power Amid High Inventory in February 2025
The Greater Toronto Area (GTA) resale housing market continued to offer buyers an abundance of choices in February 2025. Home sales declined compared to the same period last year, while listing inventory remained high, giving homebuyers greater negotiating power. Market Trends & Affordability Challenges “Many households in the GTA are eager to buy a home,Continue reading “GTA Home Buyers Gain More Negotiating Power Amid High Inventory in February 2025”
Greater Toronto Area (GTA) rental market increase in vacancy rates
The Toronto and Greater Toronto Area (GTA) rental market is currently seeing a notable increase in vacancy rates, with several factors driving this trend. GTA Rental Market Update – Q4 2024 The Greater Toronto Area (GTA) rental market remained strong in Q4 2024, with rental demand continuing to rise. According to TRREB’s MLS® System, rentalContinue reading “Greater Toronto Area (GTA) rental market increase in vacancy rates”
Will Toronto’s Spring Housing Market Bounce Back? Maybe Next Year
The Toronto housing market is still feeling the effects of high interest rates, and spring isn’t looking as strong as we hoped. Some homes are selling, but the market isn’t back to normal yet. Over the past few years, we’ve seen big changes. The pandemic created a real estate frenzy, and when interest rates wentContinue reading “Will Toronto’s Spring Housing Market Bounce Back? Maybe Next Year”
Should I buy or not in a slow market?
If your buying power isn’t flexible, it’s often smarter to buy when the market is slow rather than when it’s hot. Here’s why: 1. Less Competition In a slow market, there are fewer buyers competing for properties. This means you’re less likely to get into bidding wars, which can drive prices up and push yourContinue reading “Should I buy or not in a slow market?”
Richard Wang 