Home prices have been on the rise throughout the first half of 2023, often leaving would-be buyers desperate to see more inventory in their price range. To prospective buyers, it might seem like every other house listed on Zillow has a seven-figure price tag. Depending on where you’re searching, that may actually be the case. …
5 US cities where over half the homes for sale cost over $1 million Read More »
Mortgage rates will be surging after the jobs report today, and you might wonder about the impact. The Fed doesn’t meet again until the last week of July, and, by then, it will be certain that they will bump another quarter or half-percent. It probably means that we will have mortgage rates well into the …
:format(webp)/https://www.thestar.com/content/dam/thestar/real-estate/2023/06/17/this-20m-bridle-path-home-has-been-on-and-off-the-market-for-15-years-why-cant-it-sell/biz_gtahomehunt15_2_.jpg)
#GTAHomeHunt is a weekly series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at [email protected] It’s no secret that the magnificent homes in Toronto’s Bridle Path are accessible to only a few. They carry price tags in the millions …
$20M Toronto Bridle Path home hasn’t sold in 15 years, why? Read More »
The active (unsold) listings keep stacking up, and the pendings are drifting off – which means sellers are content to let their prices ride, rather than adjust. They’re not going to give it away! NEWS FLASH: We are running out of time. Next Saturday is July 1st! In the end we will call it seasonal, …
The graph above is boring at this time of year, so I added my predictions in the lighter colors. I’m figuring that the Fed will be relentless and the higher rates in the second half of the year will cause the pricing gap between sellers and buyers to be tougher to bridge. It’s because there …
