Jason Byun Realtor

01/30/2023

By 2025, Canada is expecting to bring in 500,000 newcomers through all immigration and refugee resettlement programs. 🍁

All of these people will require a place to live.

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01/27/2023

Canada's immigration targets are at a record-high. In 2023, the country plans to admit 465,000 new permanent residents 🍁

All of these people will require a place to live.

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01/25/2023

In 2023, buyer confidence will continue to return, buyers will accept the new interest rate levels and pent-up demand will drive more sales.

Sellers will continue to restrict inventory, especially during the first quarte.

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01/23/2023

Buying a condo isn’t always the best option.

If you’re only planning on staying in a home for a couple of years, renting may be a better option for you.

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01/20/2023

When you find a building or condo unit that interests you, it’s time to do some due diligence.

Your realtor will play a big role here, as will the status certificate that your lawyer will review after you’ve successfully negotiated an agreement of purchase.

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01/17/2023

As with all real estate decisions, location, location, location is key.

Proximity to parks, schools and night-life are not only important for your enjoyment, but they’re critical for resale.

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01/16/2023

What are your thoughts on the direction the Toronto housing and mortgage markets will take in 2023?

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Declines in home prices and sales could be set to level off, suggests TRREB analyst

01/12/2023

Buying a house isn’t always the best option. If you’re only planning on staying in a home for a couple of years, renting may be a better option for you.

You’ll also need to consider your personal finances. You may be able to afford your monthly mortgage payments, but can you afford unexpected repairs such as a flooded basement or damaged roof?

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01/09/2023

The most considerable risk of buying a presale condo is simple: you don’t know what the market is going to look like when your condo is completed.

Of course, not knowing what the market is going to do is a risk associated with any investment. If you’re financially prepared for worst-case scenarios and do your research on the area, market, and developer you’re working with, there’s a good chance that the potential benefits of purchasing a prebuild condo outweigh the potential pitfalls.

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