Our Take for Todays Buyers-Etobicoke Home Market
Posted by Kathy Gordon on
Our Take on The Market for Todays Buyers -November 2017
As you may know,
the banks will be introducing new lending rules in January 2018. Buyers with under 20% down have been qualified under these rules for some time already. What this means is that buyers will have to qualify at 2% higher than the benchmark rate. They will still loan at the benchmark rate. The talk seems to say that buyers will qualify for about 17% less. There is a lot of speculation in our industry that prices will adjust downward. This remains to be seen and may take until March April and beyond to take effect.
If this is true it is good news for buyers with good incomes. Opportunity to buy at lower prices than the last couple of years.
That said as we approach …
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In our NEW Informed Sellers Guide, we ask the question of our potential clients to write 10 reasons "Why I love my Home and 
Etobicoke Housing Deck
Go Fetchit is a new service I tried out the other day which runs like an Uber service for delivery and pickup of items. I needed to get rid of two appliances and lumber materials to be taken to the dump. We use Uhaul for our Staging service on a regular basis. But with Uhaul you need to get help with the lifting, rental of the truck, insurance on the truck and kilometers and gas for the truck. These are the fixed costs. So when I needed to get rid of the items already mentioned I wanted a simpler way of doing it minus all the headaches of finding help and insurance etc.