Is it really feasible to incur R/E closing cost of realtor fees, legal fees, potential mortgage break fee and various other expenses... to avoid a maybe 25% correction in R/E prices? Even, I don't think prices are going to drop that much or more than that... so would it really be worth getting...

Dalton McGuilty and his Finance Minister Donut Duncan will reduce spending in Ontario by $18 billion dollars... not just in 2013-14, but every year after that. Those austerity cuts will affect Toronto... Gravy Ford plans for subways or LTRs will be put on hold even though that money been...

My bet in 2007 was lower, and I was correct it was lower in Windsor, Ontario. Had, I waited another year or two to sell my home and move, it would have cost me another 20K to 30K.

When I look into my crystal ball I see austerity for Ontario. I see a looming deficit that makes us all a little Greece-like. I see job cuts, I see higher taxes, I see user fees, I see teachers, teacher aids & education workers getting layoff notices. I see Doctors earning less... because...

Yes, we know that Toronto Housing Prices will continue to rise year after year because the "Housing Real Estate Talking Heads and Pets" believe this time is so different and that warning signs of an overheated saturated market do not apply to a Toronto because it is well diversified in middle of...

Why BUY when you can RENT??? Here is an exmaple of a $350,000 condo unit: 1 Bedroom Condo Expenses Remark Purchase Price $350,000.00 580 sq ft unit at $600/sqft Down Payment $70,000.00 20% down payment Mortgage $280,000.00 Monthly Payment $1,355.00 at 3.2% over 25 years...

Of course Toronto could be totally undervalued... and as such it will continue to increase exponentially until the system crashes or the bubble gets so SUPERSIZED... like the Tulip bubble, the South-Sea bubble, the America home dream bubble. Toronto is a magnet for excess cash. I thought...

Dear Real Estate Agent: What happens if immigrants don't settle in Toronto????.... The following article highlights something to consider... "After 20 years of attracting nearly 60 per cent of all newcomers to Canada, Ontario’s share of immigration is in steep decline and threatens to...

Just an observation, I could be wrong... but I noticed, I think that there are alot more one bedroom condo on mls.ca listed for under $300K in the downtown core, (which I consider Annex to Don Valley and south of Bloor) than in Sept and October. And I believe there are more 2 bedroom condo...

It means SUPER TALL OFFICE BUILDING, as the super build cycle in Toronto hasn't yet burst.

Nothing to worry about if house prices rise indefinitely. http://www.theglobeandmail.com/report-on-business/economy/economy-lab/daily-mix/boomers-punch-drunk-on-household-debt/article2315580/

Here's a link to an article that highlights the idea of connecting the dots... it's a good read. It's balanced... it's not calling for a drop, but highlights the risk to (CMHC) and ultimately to taxpayers if a 25% drop was to occur...

Toronto is “so” different and what happened in Florida, can’t happen here because we Canadians are special, we have for the moment a positive inflow of immigrants and thus we are unique and so different from our southern “debtors”. As this article points out Miami's condo overhang...

I am hoping for a day to see a really tall building that "doesn't meet the street" kinda like Sharp Centre for Design at OCAD U. This one doesn't do it... because it honestly and actually meets the street.

Brad is a gambler at the condo table; he is betting black for the 20th time in a row on condos, given that all his previous bets on black condos have paid off. Brad can be more confident on his choice on betting black again... and he's so confident that he's willing to tell every person to bet...

I know that this might be a little off topic... but MPAC re-assessments are coming... using 2012 property values for 2013-16 Property Tax. I know that "experts" are all talking about interest rate increases affecting borrowers ability to repay loans and the idea that lower interest rates make...

What we have on our hands has been an nice "window dressed" economic revival from the lows of 2007-08 and US market bounce back premised on unprecedented monetary and fiscal stimulus. How the Fed and the US federal government in the future manage to redress their pregnant balance sheets without...

That's a pretty big "IF" for the US economy to right itself, not that it's impossible... but here's an article written by Edward Harrison in of October 2009, ask yourself if his article is still relevant... and ask those that are expecting price increases not to pass out from lack of oxygen...

The herd (stupid sheeple) is/are usually always wrong... and the contarian (the guy that said I told you so) usually walks away as the winner because he did his homework and bet against the crowd. But as David Rosenberg said today, and I'm paraphrasing... what is the good thing you can say...