Toronto Real Estate Forecast 2018 – 2019

Toronto Real Estate Market Forecast/Predictions to 2020

May 19, 2018. TREB reports another flat month in sales in the  Toronto housing market.  Sales shrank 1.2% and average home prices dropped only .2% during April.

If not for the Toronto Condo market, the Toronto housing market would be wheeled  into the critical care unit. What some are called a balanced market are twisting words about as far as they can be contorted.

You’ve seen the same discouraging stats for many months now. Nothing new. Perhaps it’s time to look at what’s wrong with this market and why Toronto housing crash is being uttered more and more.

Election 2018 – No Help for Housing?

The latest TREB report however was overshadowed by the bomb dropped by Doug Ford, leader of the PC party. Ford  suddenly recanted his promise to increase housing development and construction to help with the housing crisis. Voters were praying for relief and now it’s uncertain who will win this coming election. Political leadership in Ontario is a big negative for buyers and investors.

Since Toronto is slated to be a global supercity with a big increase in population, any land restrictions and red tape are serious issues. Right now buyers aren’t buying (house sales down 5%) and sellers aren’t selling (nowhere to go) so it’s a Mexican standoff during what should be a hot sales period.

It’s another indication that housing in Toronto is solely a political issue. Ontario’s election day is June 7th and this will put the Toronto housing conflict to rest either way. Yesterday’s news should be a boost for the Toronto condo market.




Toronto’s Insatiable Appetite for Money

Recent reports have it that the City of Toronto could face a $1.4 billion deficit, due to the loss of the lucrative land transfer taxes. Toronto’s starry eyed spending may have to be reeled in thus adding to a cascading recession threat.

A lot of Toronto home buyers are likely cheering the price falls and this spring might be the lowest price point as we head into provincial elections in 2 months and the settling of the NAFTA trade disagreement. Homeowners may decide to hold onto their homes and wait for prices to return after the upcoming provincial election.

For the march report, TREB focused solely on the YoY losses and it is ramping up its election time rhetoric regarding the responsibility of government to foster a healthy housing market. They also believe sales will pick up this summer (post election) but didn’t offer a spring forecast.

Other than stats which you’ll see below, what are the real issues for the GTA market? TREB suggest interest rates and mortgage rules are disouraging home sales. Yet, condo and apartment sales are still strong.

When will prices bottom out? May, June, or next October?

A Change is Coming for Ontario

The real matter for Toronto prices and sales is psychological because the economy is uncertain. Home prices are trending downward strongly, NAFTA is troubled, world leaders are threatening trade tariffs, and the provincial election is coming.

Ontario’s provincial taxes have become crushing and the Liberals have shown no mercy. You have to be genius if you want to be a successful business person here. Yes we’re aging here in Ontario but there’s incredible intellectual capital that’s being wasted. We’ll see more people leave the province even with a new government.

The death throes of the Wynne government show that the people and the business sector can’t tolerate this behaviour and that a new, fresh attitude toward open markets and small business success must happen. If small business is represented in the NAFTA agreement, it could give Ontario a boost it has never seen before.

As Kathllen Wynne’s MPs give up, the wave for the PCs and Doug Ford grows. Screen cap courtesy of Vice.com and CBC

No one can predict what incoming Premier Doug Ford is going to do. Will he toss the market a parachute, open up development and then delete the repressive taxes? We sure hope so. The results for the economy will make news across the and we’ll go from laughing stock to free market leaders.

After the Storm

During uncertain times, buyers will not stick their neck out to purchase a  high priced home in a market rated as the most likely to crash. And theTSX? It’s been the worst performing stock market in the world for some time now. But that could change.

Home prices in Toronto actually rose, yet prices in Newmarket, Aurora, Richmond Hill, and Bradford declined strongly again.

TREB Outlook

TREB reiterated its belief in the role of housing and real estate sales in its yearly report . TREB suggests the GTA market is a key to economic health in Ontario.

On average, each residential transaction reported through TREB’s MLS® System in the GTA generates $68,275 in spin-off expenditures, … The real estate industry is a key contributor to our economy, with total annual spin-off expenditures close to $7 billion.

They went further to hint that without real estate sales and the taxes it generates, the government will have to get their tax money elsewhere! Voters may not want to hear that and it’s probably something Doug Ford will jump on to put the finishing nails in Kathleen Wynne’s guilded coffin. I’m sure HGTV will want to support the pro-development initiatives??

Wynne has killed the Toronto housing market, tax base, young people’s dreams, and as an election promise, is offering free day care, which the government will have to borrow to pay for. Wynne’s passing will generate a wave of relief which Doug Ford will surf on for many years.  With a few legislative changes, he could relaunch Ontario’s economy and the Toronto real estate sector.

The March 2018 TREB update reveals the damage to what should have been a strong and vital Toronto real estate market.

Screen capture courtesy of TREBhome.com

Toronto Forecast for 2018

What as the Toronto Real Estate forecast for 2018?  A gloomy winter/spring followed by lots of sunshine in June. All we need is the June sunshine and we got it 100% right.

Why so optimistic against all the negative reports coming out? None of them are accounting for the upcoming election in Ontario.  It’s to soon to celebrate but only 2 short months away, and we may see the boom I sort of suggested might happen:)

This chart from TREB shows the market 2 months ago in January. Numbers of house sales rose last month yet cond sales fell.  Notice condo prices are up $43,000 in March vs January. Keep an eye on the Toronto condo market.




The market in the GTA seems very quiet right now, and as Benjamin Tal, CIBC’s chief economist said, “This is the most significant test the market has seen in recent years.”




Is this the best time to buy a house in Toronto? The answer to that may be yes. Prices keep rising despite governments attempt to throttle it. On June 7th, Ontarians will get their chance to speak.

Selling your home in 2018?  Should you sell your home and upgrade to a roomier one? Or perhaps you’ll be downsizing to a condo?  Condo sales boomed in 2017 and you’ll be competing hard for anything under $600k. Your Realtor will likely have to work a sophisticated marketing strategy to help you get your house sold and get you moved into a better one.

Are you a 25 to 35 year old first time buyer and hoping to buy a condo?  Is this the best time to buy a home? See the Toronto condo market forecast for prices and opportunities.




Is it a good time to buy a condo apartment in Toronto? Which are the best neighborhoods to buy one? Check the Toronto condo market page for insight.

If you’re looking solely for home prices, then see the detailed running home price stats for each town and district. This post has a collection of videos, opinion, stats, charts, of historic sales/prices and current stats to help you with the decision of whether to buy or sell.

The most meaningful Toronto housing market prediction: After a short depressed period this spring, there will be a fast growing increase lead by optimism with the new incoming Ontario government in July. The prediction is that the optimism of the new government will keep buyers and sellers optimistic until July.

With immigration high (300k new Canadians each year), migrants from other parts of Canada increasing, birth rates up, and Ontarian’s expectations optimistic, 2018, 2019 and 2020 will see strong demand for most properties. As you can see in the Toronto market stats below, some towns and districts in the GTA have seen very strong price growth.

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Anyone buying or selling should have the best overview of factors.

 

Teranet Home Prices

Teranet released its market report on home prices in Toronto, Vancouver, Calgary and other Canadian cities and predictably we saw the final burst of buying before the stress test rules came into play.




Toronto Real Estate December Report

What happened in December 2017: listings up 50% but sales down despite the last minute stress test frenzy.  New housing starts dropped by 33,000 overall in Ontario in December, after a record amount built in November.  Condo apartments and townhouses are all the rage, due to the almost affordable prices.

This recent chart from TREB shown below, reveals prices are still up year over year.

 

 

Check the running Toronto home prices chart down below. Leave a comment below.

In December, the MLS® Home Price Index (HPI) Composite Benchmark was up by 7.2% over last year, and the overall average selling price was up by 0.7% year over year. — from TREB report.




Check out the Vancouver and Calgary forecasts too as it reflects on Toronto (And Share on Facebook!).




You Can’t be Serious! a Housing Boom in Toronto in 2018/2019? Royal Lepage predicts prices will rise 6.8% or $57,000. Only Las Vegas Nevada is forecast to be higher. With new homes sold and new development halted, supply won’t be sufficient in late 2018 or 2019. Speculators will love that scenario.

Royal Lepage predicts continued price rises even as domestic investors shift to apartments and condos.

Condo Prices Rose 23%

And the danger in the condo market might be the depressing effect of rental controls on new condo builds. As supply dwindles, prices and rents will rise which is positive for condo investors. The average rental price for a 3 bedroom condo in Toronto is now $3461 per month.

Condo prices were up 21% year over year in December.

Detached Home Prices in many Treb districts has plummeted from 18 months. In some cases, prices are down almost 50% as you can see in the charts below.



If the Toronto Real Estate market nosedives in January 2018, it will be interesting to see what impact it has on the Ontario economy as well as the Canadian economic forecast.

While the talk was about rocketing house prices in Toronto, the Toronto condo market is doing okay and the demand for new construction condos is still brisk.

1 Million New Immigrants Will Affect Toronto’s Housing Market Demand

Demand is never ending, in fact PM Justin Trudeau just announced a program to being in 1 million new immigrants over the next 3 years  along with a new national housing program to help with the housing availability crisis which will heat up demand and prices for Toronto apartment rentals.

So while the Ontario and Federal governments play a dangerous game of economic Russian roulette and await their political fate, homebuyers may be finding their homownership dream more distant than ever. It’s certainly not a good time for the homeless in Toront and area with the wicked cold snap coming through.

Will it be crash and burn in Toronto this year? Even the slightest economic slide in Canada could send nasty shockwaves through the housing market. Crashes normally happen after the euphoria period. Despite the government’s negativity toward home development and supply, the market should be good for 2018.

You can view the prices for each city and MLS district below.




TD Bank senior economist Michael Dolega is quoted last month as saying  the market looks good “after some near-term weakness, likely to last into mid-2018, activity should begin to rebound thereafter given the fundamentally supported demand related to strong job growth and strengthening wage dynamics.”

The upcoming mortgage changes in January means buyers are putting rush orders in now. Condos below $500k are selling well and will continue to do in 2018.  The key for Realtors is helping buyers find an affordable condo, or a house with rental income potential.



Rental Income Investment Property

Some smart buyers are looking at financing solutions that give them a shot at rental income. Real estate investors in Toronto, Vancouver and  even Calgary are focused on rental income investment properties. You should be too.

What is the most notable change? It would have to be Toronto condos. Sales dropped by 15% yet condo prices rose by 23% across the GTA.  When the selection of lower priced condos are gone, we’ll see a renewed surge in prices as buyers hunt the luxury market to see what they can get.

Rental prices are skyrocketing as rental apartments dry up because of the rental price controls.  Rents were up 12% more in the 3rd quarter. How much further will Toronto condos climb in price and how long will voters, many of whom are home buyering milennials with nowhere to go, tolerate Wynne and Trudeau?



Are you considering using a HELOC to do a house renovation?  With listings up, you’ll have to have to add some value to get your house sold. An educated Realtor might be a wise hire too.

Bookmark this page as it is updated very frequently.

Normally Toronto house prices slide back during the winter.  That could help solve the afforable housing issue.  Yet the market is 2 tiered – young buyers with limited financing and a rising group of detached houses that are well out of their reach. 2018 should be the year of the condo.  Contrast the Toronto market with the Calgary Housing Forecast for greater investment insight.

November 2017 TREB Market Update with Jason Mercer






Considering buying or selling? Take a look at some of home buying tips and home pricing tips posts and this new post on the best renovations to grow the price of your house for saleFirst Time buyers should remember that house prices always climb even through recessions as you’ll see in the graphics and housing data below.

Some recent reports from Toronto realtors have it that buyers are back in the market this fall, yet there aren’t enough listings. They feel Toronto House prices will rise again. However, buyers are probably gleeful at the drop in house prices over the last 5 months. If it continues, they might be able to find a great buy. The Toronto economy could boom for sometime if NAFTA is unaffected, yet CMHC beleives there are dangers lurking for this market.

New sales data from TREB’s Marketwatch report paints a telling story of what happened in Toronto Real Estate in the summer of 2017 and how 2018/2019 might look.  Buyers and sellers are wondering if the Toronto housing picture will mirror the Vancouver real estate forecast where Vancouver condos are king.  Vancouver seems to have held its own which means the Toronto market might be safe too.  Let’s not kid ourselves. A crash or a housing slide in Toronto remains a possibility (government).

Consider this your most up to date report on the Toronto Real Estate Market – lots of food for thought below. Enjoy the monthly price charts below which may help you decide whether it’s time to sell your house.  Also see the Mississauga real estate forecast if you’re out in Mississauga, Milton, Oakville or Brampton.

Do you know anyone who may be buying or selling?

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New Fed mortgage rules and a higher mortgage rate means buyers will need more money down and be forced to pay higher mortgage payments. The OECD and the World Bank are constantly nattering about Canada’s housing issues. What are they seeing that we don’t?

Most experts are calling for flat prices right through 2018, however there is still a lot of unsold new home inventory and governments are clear in their intent to suppress the housing market. Those considering putting up their houses for sale might be acting much sooner.

When Will You Put up your House for Sale?

Before it was all about finding a house for sale, and now there’s lots of houses for sale. It’s almost certain you’re going to get a much lower price for your GTA house in the next 4 months. As mentioned, the PCs will reconsider how the Liberal’s botched the housing crisis and how they might fix it.

That will change the market psychology. As soon as you and other buyers have somehwere to go, you’ll be putting your home up for sale. If you get prepared this winter and spring, you might hit it right before your neighbors sell theirs.

You’ll want to start reading my how to sell your home tips posts and a little on over asking bidding wars because even right now, multiple offers are still common.

The Toronto situation seems to mirror the US housing forecast only with troublesome government meddling in TO. Experts suggest it is government action that causes the markets to suddenly slide out of control.

Toronto Housing Market Predictions from the Experts

Let’s start off with the Swiss Banks review.

Is BNN’s “end of the housing boom” story valid? Does real estate drive employment in Canada?

CMHC keeps the red flag hoisted on real estate

Trump and squashed Canadian exports represent a big worry.




 

New MLS stats from TREB show sales in August dropped 34.8% year over year and the number of new listings on TREB’s MLS® System, at 11,523 which is  6.7 % lower than last year at his time. This is the fewest listings since 2010.  Prices did decline yet are still higher than August of 2016, and did not decrease evenly in all TREB districts.   




While some areas such as the 905 have seen big drops, (houses are sitting and have to be rented now) areas in Toronto have maintained prices.  These neighbourhoods offer a more reliable bet for sustainable property investment value. Many property investors have discovered the hard way, what the word sustainable means in bottom line dollar terms. Because of demand, two hot areas right now are rental property investment and student housing investment.

Adding to the story this month is a higher loonie, higher mortgage rates, foreign buyer withdrawal, new tax on vacant homes, and homebuyers losing interest. And in response, homeowners make a desperate attempt to sell at lower home prices. 

Condos were the Hot Story in Summer 2017

  • condo average price up over half a million dollars
  • condo prices have risen 28% from second quarter of 2016
  • average condo price in Toronto rose to $566,000
  • condo sales volume dropped 8%
  • number of new listings grew only 1%
  • condos in C09 district rose to an average selling price of $1.345 million
  • Condos in C08 and C01 have the highest volume of unit sales and an average price of $603,000 and $627,000 respectively — high volume translates to more availability and lower prices

The Best Toronto Neighbouhoods are Sound for Investment

TREB stats show specific districts or neighbourhoods in Toronto have not seen a price decline and these ones below have seen price increases:

w10 – Rexdale Kipling, West Humber Claireville, Kingsview Village, Vaughan Grove
w09 – Willowridge Martingrove Richview, Humber Heights
w02 – High Park North, Junction Area, Kingsway South
c02 – Annex, University, Yonge St Clair
c04 – Bedford Park, Nortown, Lawrence Park North, Forest Hill North, Lawrence Park South
c12 – Lawrence Park North, St. Andrew Windfields
c13 – Banbury Don Mills, Parkwoods Donalda, Victoria Village
c15 – Bayview Village, Hillcrest Village, Bayview Woods Steeles, Pleasant View
e01 – South Riverdale, North Riverdale, Danforth, Woodbine Corridor
e06 – Oakride, Clarilea Birchmount, Birchcliffe, Cliffside

Many of these Toronto neighbourhoods are in such strategic locations for employment, that given the housing shortage, urban intensification, poor transit and roadways, that the condos and homes in them will never see a significant price drop. The events of the last 3 months with the Liberal’s fair housing act was an acid test. These Toronto neighbourhoods look to be the best neighbourhoods for safe real estate investment.




US investors should continue to follow the Toronto real estate market as the low Canadian dollar continues to create better real estate investment value.

The Toronto Condo market in July on the other hand is active likely due to affordability. Condos are selling well at 2% to 6% over asking price and comprised 91% of all sales. New apartment and stacked townhouse sales grew 89% year over year, compared to a 72% drop in house sales. 

I suspect 2018 will bring moderation given the rhetoric around the NAFTA deal, tighter lending rules, higher loonie, and very high home prices. 

 

Share the December 2017 Stats and Toronto Forecast with your family and friends on Facebook

Almost everyone is interested in the direction of the housing market. It affects the GTA economy, jobs and business oulook.  This page is updated frequently.

 

A Look Back at 6 Months ago: TREB June 2017 Real Estate Report

Highlights from the June TREB market report at the end of the bubble:

  • Sales dropped 37% year over year, on top of May’s whopping 50% dive
  • residential listings were up 16%
  • Prices rose 6.3%
  • The MLS® HPI composite benchmark price up by 25.3% on a year-over-year basis in June
  • Home prices are down 1.1% month to month
  • apartment prices rose 1% month to month (higher rents)

What’s Compelling about the Toronto Housing Market?

Toronto is a high value housing market similar to New York City or the Bay Area of California, and TO is a city destined to be a super city.  It’s unlikely that a property purchase in Toronto will be a disappointment over the long run. If you see the Toronto home price charts, you’ll notice that prices have climbed in the last 18 months. So buyers have not lost their equity.

And detached house prices will rise much further due to a severe housing shortage, improving economy, and rising population. 

Despite the Ontario government’s new foreign buyers tax threat, demand for housing won’t fall. As the loonie falls in value, Toronto home prices turn out to be reasonable internationally, and may be a worthy investment for rising wealthy Americans. Canadian real estate is still a good alternative to US Real Estate in 2018.

While many buyers would like to live in Central Toronto, Oakville and Milton the prices in these cities is prohibitive. Instead, buyers are looking north to Vaughan, Newmarket, Aurora, Bradford, Barrie, Innisfil, and East Gwillimbury.




Please do share this report with anyone you know who might be buying or selling




Toronto MLS Real Estate Board Sales Stats for March 2018

Average Toronto Home Price – Detached Homes TREB – March 2018
City March 2018 December 2017 November 2017 October 2017 September 2017 August 2017 April 2016 Price Change Last 23 months Price Change Last 8 Months
Burlington $993,500 $959,071 $871,879 $895,457 $974,446 $944,564 $961,502 3.3% 5.2%
Halton Hills $852,500 $820,904 $790,683 $787,517 $706,500 $984,812 $828,719 2.9% -13.4%
Milton $868,300 $843,688 $841,998 $884,144 $853,790 $866,650 $765,973 13.4% 0.2%
Oakville $1,298,000 $1,356,888 $1,438,656 $1,482,620 $1,393,860 $1,314,363 $1,191,503 8.9% -1.2%
Brampton $796,600 $763,814 $776,280 $775,170 $766,132 $766,831 $660,015 20.7% 3.9%
Caledon $1,002,000 $1,185,182 $1,001,753 $952,466 $918,712 $1,028,591 $755,494 32.6% -2.6%
Mississauga $1,760,000 $1,140,965 $1,060,211 $1,034,338 $1,023,207 $1,066,015 $966,467 82.1% 65.1%
Toronto West $1,099,000 $1,039,022 $1,016,076 $1,102,379 $1,015,711 $919,916 $944,422 16.4% 19.5%
Toronto Central $2,100,000 $2,070,131 $2,109,070 $2,051,481 $2,302,146 $2,113,130 $1,983,187 5.9% -0.6%
Toronto East $969,000 $894,290 $889,002 $931,239 $961,805 $887,620 $860,814 12.6% 9.2%
Aurora $1,118,500 $1,033,353 $1,249,613 $1,280,888 $1,458,481 $1,144,094 $1,155,487 -3.2% -2.2%
E Gwillimbury $865,000 $769,624 $763,071 $1,013,350 $895,119 $966,047 $764,055 13.2% -10.5%
Georgina $526,700 $619,105 $542,792 $524,735 $600,791 $604,838 $548,886 -4.0% -12.9%
King $1,727,600 $2,129,286 $1,889,738 $1,887,696 $2,252,933 $1,768,333 $1,283,432 34.6% -2.3%
Markham $1,272,600 $1,497,330 $1,342,508 $1,468,221 $1,358,328 $1,319,860 $1,363,887 -6.7% -3.6%
Newmarket $854,600 $879,151 $946,465 $916,350 $895,191 $901,055 $841,593 1.5% -5.2%
Richmond Hill $1,400,000 $1,365,373 $1,526,836 $1,345,898 $1,401,922 $1,466,884 $1,412,443 -0.9% -4.6%
Vaughan $1,238,800 $1,245,480 $1,236,250 $1,280,906 $1,392,781 $1,348,649 $1,191,632 4.0% -8.1%
Whitchurch Stouffville $1,289,000 $970,236 $1,058,486 $928,551 $1,159,545 $1,024,941 $1,048,658 22.9% 25.8%
Ajax $700,000 $690,333 $710,440 $684,011 $696,604 $708,185 $646,370 8.3% -1.2%
Brock $570,800 $408,757 $445,829 $432,318 $513,579 $508,615 $419,758 36.0% 12.2%
Oshawa $559,900 $532,813 $524,422 $516,459 $516,904 $550,677 $467,981 19.6% 1.7%
Pickering $846,000 $812,035 $840,592 $790,733 $869,546 $812,643 $772,399 9.5% 4.1%
Scugog $697,000 $689,250 $726,898 $614,678 $594,062 $719,375 $545,804 27.7% -3.1%
Uxbridge $858,500 $720,557 $771,521 $1,031,295 $957,221 $792,233 $798,749 7.5% 8.4%
Whitby $718,300 $698,110 $669,922 $695,352 $745,222 $733,811 $618,032 16.2% -2.1%
Orangeville $585,500 $562,020 $575,349 $538,518 $594,636 $612,974 $490,825 19.3% -4.5%
Innisfil $644,600 $561,716 $599,443 $525,685 $541,274 $549,492 $476,756 35.2% 17.3%

Stats above courtesy of TREB Market Watch Report

A Look at Detached House Prices in Toronto’s MLS Districts

Toronto House Prices — MLS City Districts Home Price Comparison
TREB District City of Toronto Avg Price December 2017 Avg Price November 2017 Avg Price October 2017 Avg Price Sept Avg Price August Average Price April 2016 Avg Price April 2017 Avg Price Mar 2017 Price Change Since March 2017
Toronto W01 $1,639,475 $1,269,500 $1,709,593 $1,652,600 $1,146,500 $1,405,442 $1,506,333 $1,543,961 6.2%
Toronto W02 $1,403,750 $1,256,500 $1,273,391 $1,280,867 $1,172,250 $1,331,780 $1,538,546 $1,381,945 1.6%
Toronto W03 $701,000 $774,021 $741,391 $771,142 $692,125 $666,904 $854,316 $829,396 -15.5%
Toronto W04 $799,973 $819,469 $840,110 $850,621 $846,775 $786,951 $1,024,908 $1,073,531 -25.5%
Toronto W05 $826,750 $800,063 $874,660 $805,031 $823,767 $749,333 $930,876 $1,073,531 -23.0%
Toronto W06 $1,010,600 $914,017 $922,286 $992,023 $797,392 $795,840 $974,420 $1,128,584 -10.5%
Toronto W07 $1,200,571 $1,086,386 $1,474,725 $1,277,336 $973,250 $1,112,233 $1,484,406 $1,352,042 -11.2%
Toronto W08 $1,317,240 $1,378,995 $1,356,671 $1,247,374 $1,161,882 $1,204,013 $1,544,869 $1,610,163 -18.2%
Toronto W09 $1,005,500 $886,872 $975,778 $922,000 $1,139,211 $839,479 $1,197,627 $1,115,970 -9.9%
Toronto W10 $717,539 $691,261 $688,011 $661,357 $665,268 $613,488 $831,579 $802,909 -10.6%
Toronto C01 $1,412,000 $1,597,750 $1,393,875 $1,430,667 $1,005,000 $1,528,085 $1,646,240 $1,694,333 -16.7%
Toronto C02 $3,730,000 $2,109,010 $2,313,611 $2,242,400 $2,242,750 $1,580,181 $2,710,038 $2,170,853 71.8%
Toronto C03 $1,374,437 $2,327,333 $1,880,584 $1,742,200 $1,317,111 $1,761,787 $2,246,734 $2,473,608 -44.4%
Toronto C04 $2,237,414 $2,204,173 $2,220,546 $2,212,838 $2,200,398 $2,033,140 $2,583,667 $2,245,813 -0.4%
Toronto C06 $1,147,545 $1,293,688 $1,243,727 $1,327,467 $1,445,556 $1,318,750 $1,625,779 $1,811,183 -36.6%
Toronto C07 $1,693,958 $1,609,066 $1,741,987 $1,903,632 $1,776,771 $1,657,822 $2,004,585 $2,155,365 -21.4%
Toronto C09 $2,410,000 $3,538,371 $3,414,450 $2,916,750 $3,500,000 $2,998,401 $3,246,445 $4,481,000 -46.2%
Toronto C10 $2,375,000 $1,856,406 $1,807,154 $1,747,079 $1,473,125 $1,864,333 $1,945,104 $1,786,091 33.0%
Toronto C11 $1,807,500 $2,344,375 $1,895,636 $2,137,000 $1,547,000 $1,542,867 $2,275,117 $2,201,462 -17.9%
Toronto C12 $4,213,580 $3,729,125 $3,775,636 $5,160,518 $3,910,000 $3,141,244 $3,969,281 $4,420,370 -4.7%
Toronto C13 $2,002,400 $1,342,464 $1,520,151 $2,110,709 $1,788,465 $1,926,266 $2,606,111 $2,108,137 -5.0%
Toronto C14 $1,802,222 $2,235,856 $2,001,750 $2,249,879 $3,055,823 $1,996,137 $2,554,047 $2,673,112 -32.6%
Toronto C15 $1,915,292 $1,587,250 $1,944,667 $1,832,921 $1,602,033 $1,766,219 $2,144,120 $2,108,137 -9.1%
Toronto E01 $1,319,250 $1,102,667 $1,135,156 $1,196,542 $1,224,440 $1,164,343 $1,747,894 $1,206,359 9.4%
Toronto E02 $1,188,324 $1,457,515 $1,494,639 $1,625,074 $1,414,357 $1,333,475 $1,458,167 $1,507,090 -21.2%
Toronto E03 $1,008,987 $913,430 $1,023,487 $1,038,377 $956,448 $947,611 $1,099,537 $1,121,847 -10.1%
Toronto E04 $765,124 $777,377 $768,002 $794,523 $772,883 $717,890 $897,304 $889,018 -13.9%
Toronto E05 $929,943 $899,419 $1,019,362 $979,800 $995,190 $991,136 $1,249,824 $1,303,892 -28.7%
Toronto E06 $855,347 $822,917 $766,159 $926,615 $841,995 $766,782 $1,051,918 $1,102,286 -22.4%
Toronto E07 $888,969 $911,018 $897,653 $1,025,444 $922,600 $874,280 $1,164,819 $1,142,611 -22.2%
Toronto E08 $969,634 $930,974 $1,014,526 $852,070 $872,641 $810,560 $1,066,868 $1,092,667 -11.3%
Toronto E09 $752,919 $714,451 $739,871 $690,382 $699,646 $664,378 $855,363 $895,417 -15.9%
Toronto E10 $882,733 $821,381 $897,856 $944,666 $883,852 $821,126 $1,067,925 $1,069,906 -17.5%
Toronto E11 $666,136 794,238 $758,288 $778,100 $780,618 $720,672 $842,414 $851,750 -21.8%

 

Huge new housing developments in Bradford, Newmarket, Aurora, and Vaughan are still selling well, but the market in the 905 area code has cooled. That means bargains are waiting.

Will 2017 Sales in Toronto be a New Record?

2016 was a record year for home sales in Toronto, Mississauga, Vaughan, Newmarket, Bradford and Aurora areas in 2017 could well be even more intense.  

One district in Toronto saw its prices rise $1 million since Sept! See TREB charts below.

TREB forecasted another strong year for home sales via the MLS®.  Their outlook for the Toronto region was 100,000+ home sales for the third consecutive year. Between 104,500 and 115,500 home sales are expected in 2017, with a point forecast of 110,000. TREB’s districts include Mississauga, Oakville, Vaughan, Newmarket, Aurora, Richmond Hill, Markham Bradford, Scarborough, Brampton, Oshawa and Milton.

But what drives the Toronto housing market? Will it succumb to the same fate as Vancouver or worse?   If you’re a buyer, you’re wondering which neighbourhoods and towns to focus on and whether this market will tank. If you’re a seller, you’re wondering if you’re going to miss the biggest payday of your life by not selling. If you’re close to retirement, you may want to carefully review your choice not to sell. 2017 is a grand time for you to sell and move onto a better life.

The 16 Key Factors Driving The 2017 Toronto Housing Market:

  1. severe shortage of housing stock in the GTA region
  2. rising demand from buyers who have been renting
  3. restrictions on development land for housing
  4. Trump and NAFTA free trade deal and implications for Toronto’s automakers
  5. will the low dollar continue?
  6. will oil prices stay at current levels?
  7. rising numbers of millennials hunting for a home or condo
  8. bank of mom and dad continues funding kids home dream
  9. rising interest/mortgage rates
  10. Toronto and Ontario land transfer taxes
  11. rates of employment and income
  12. asian and persian home buyers and investors rush over?
  13. will China curtail its outflow of investment money?
  14. business investment in Ontario continues falling
  15. consumer debt loads and credit ratings
  16. further federal restrictions on first time buyers/downpayments
  17. commuting distances and new construction in York region and Vaughan

 

A look Bak at Toronto Home Prices for June 2017

This graphic courtesy of TREBhome.com illustrates how hot Toronto homes prices had been for each type of housing. (See the Toronto Condo market outlook too).

Sharing is Good for Your Social Health!

The Toronto real estate market is in a precarious state.  Help your friends and contacts who may be wondering if now is the right time to sell, before the housing crash. You can get your price in 2018.




How about the US? Different story for them. The US real estate market is ripe with opportunity with a minimal chance of a housing bubble or crash.

And from this telling graphic above, the shocking rise and fall of detached home prices tells us something is wrong with the Toronto real estate market. Could a Toronto housing crash occur? The renegotiation of the NAFTA deal may be the factor that starts the slide.  President Trump’s goal is US jobs and economic health and he’s already stated he wants a better deal with Canada. It makes sense that he would want auto makers and parts manufacturing to be done in the US. The Canadian dairy and lumber industries are just a distraction.

If there was ever a time to sell your home, this is it. Some have sold $1 Million over Asking.




Investment Rentals are Big Money — How About Rental Income Property?

Are you going to buy rental income property as an investment in 2018?  Check out cities in the US where there is a much better upside in profit. The US economy and housing market will be the top performer in 2017/18.

torontoforsale
Image courtesy of CBC — Hot Toronto Market Means Spending More

What do your realtor and local politicians say is happening in your local market in Toronto, Mississauga, Vaughan, Oakville, and York Region?  What’s their forecast? I’d like to know.

As we progress to 2018, emotions are going to run high as the critical factors you can read about below become intense. Could the Toronto economy collapse if home prices fall 20% (loss of taxes for governments among other fallout).

Below is an updated look at the March real estate market in the GTA. Recent trends show home prices are rising faster than any experts predicted. Will this be the excuse the government is looking for to upend the market? Or is demand for single detached homes simply too strong?

Government Values at Odds with the People and their Pocketbooks

Are the all too predictable actions of governments in Vancouver and Toronto foretelling what may happen in US markets such as Los Angeles, New York, Miami, and San Francisco? Is the battle over and treatment of land in all major urban areas simply an artificial means of inflating real estate prices or is there actually a land crisis?

If the Ontario government decreases available land for development, drives prices way up causing public furor thereby requiring draconian measures, will it end in a crash in late 2017? Will someone create a crisis to force a crash? We should be asking these questions if we’re investing or buying.

Scarcity of land is the primary driver of high prices in the Toronto real estate market. The biggest threat is unwise government manipulation.

BMO’s senior economist Benjamin Tal said in a Toronto Star report on October 14th, the Ontario Government’s Places to Grow program was primarily responsible for the fast rising prices in the GTA market. He also suggests other red tape factors worsened the situation. Prices in Newmarket, Markham, Mississauga, Richmond Hill, Bradford East Gwillimbury and Aurora have definitly crashed.

If land scarcity is driving prices up, then even a 15% foreign buyers tax and new mortgage rules for millennial buyers may not be enough to cool demand for housing or condos. The real factor may be the next recession, fueled by housing market mismanagement.

 

Please send this blog post onto your friends and neighbours because they should know as much about the Toronto area forecast factors as possible before they buy or sell.  It’s good to be helpful. Mistakes are painful.

March 2017 Price Index from Teranet – Index climbed right into August. October reports coming soon. Screenshot courtesy of housepriceindex.com.

What are the Causes of High Home Prices in Toronto?

The major factors that drive housing demand growth to Toronto: immigrant investors, better economy, low interest rates, increasing numbers of buyers in their home home buying years (millennials), and optimism all look on the upswing.  As mentioned in the Los Angeles Real Estate forecast post, here are the key factors that affect home prices:

Housing Demand – High overall demand – “all cash bidding wars” in some cases

Housing Supply – Throttled, supply is far from what’s needed

Developable Land – Throttled by government which is the single biggest factor

Builder Red Tape – Builders can’t build even if they have funding – high exposure to financial loss

Mortgage Rates – Continuing Low, especially in light of global economic slackening and with recent tightened lending rules

Down Payment and mortgage rules – these are being tightened this taking some pressure off of the purchase market and re-routing it to the rental market (people have to live somewhere)

Toronto Region Employment – moderate and remaining moderate despite Federal infrastructure

Taxes – rising quickly due to Ontario government and federal government spending

Buyer Income – moderate and not rising much

Home or Condo Prices – High and rising fast – out of reach for most buyers

Demographics – Millennials coming into family and home buying years and must begin to acquire their own living space

Number of Renters – increasing fast because of tight mortgage lending rules

New Home Construction: limited because of Green Spaces Act, but is a source of supply

Economic-Foreign Trade – Canada struggling and Free Trade agreements now being scrutinized because they don’t see to be working like they used to

Taxes on Sale of Home – huge tax burden for those selling in the city of Toronto

Some point to the Ontario government’s Places to Grow intensification plan as the major culprit in skyrocketing single detached home prices. Toronto condo prices haven’t risen like house prices have, yet condo demand is usually not spoken much about. It does look like a growing population want house to live in. A growing millennial family would certainly find it tough to live in highrise condos designed for adult living.

Share this post with your friends and clients. Everyone should know about the housing crisis factors and the economic spinoff from the Toronto Real Estate Market. It’s good and bad, but they should know the factors and help in the solution.

News posts in the Financial Post, Toronto Star, Globe & Mail, CTV, CBC etc, is often based on varied expert opinions and a few isolated market factors.  Why don’t we look at all the factors that comprise a realistic Toronto housing market outlook for 2017.

What are the Trends in Toronto Real Estate and New Housing?

Toronto Home Prices Historical
The only drop in Toronto home prices took place in 2008, in lieu of the great recession. Graphic courtesy of the Financial Post

ontarioeconomicforecast

ontarioconsumption

mortgage-rates-2006to2016

I’ve heard a number of convincing arguments for both a bubble and an extended period of growth in new housing development and resale housing price growth in Toronto. And I’ve heard before that money from China has no effect on the market, and from others, that today’s real estate market is driven by Chinese money. The banks and CREA just can’t get their stories straight and the media doesn’t report on how badly their forecasts were off the mark in previous years.

Was it All Driven by Chinese Buyers?

Fully 10% of new condominiums being built in central Toronto were going to foreign buyers, according to a survey released in April by the Canada Mortgage and Housing Corporation (CMHC); veterans of the city’s rough-and-tumble real estate market believe the vast majority are mainland Chinese investors  10% doesn’t seem like a big number and we’re told that Chinese buyers are only interested in luxury priced properties.

TREB’s own survey found that foreign buyers actually had little effect on the market, and it was the chilling effect of the fair housing act that destroyed what was a health Toronto real estate market.

foreignownership-toronto-cma
Graphic and data courtesy of CMHC

Strangely, CREA is forecasting a marked slowdown in housing start for 2017 to a flat market for Toronto, Mississauga and Vancouver. But they admit the market is still very intense. In fact, in my town, sold over-asking price stickers are on almost every sold sign. There’s not just a few bids on these homes, sometimes there are a lot. It would take a serious economic recession or government action to get rid of all those buyers. Given how troubled our economy still is, in Ontario, it’s unlikely any government would push it into recession.

If you can sell a new house for $600,000 or a Condo for $300,000, why wouldn’t developers be building as many as they can? With economic factors supporting growth, the problem must be political. A quick look at Ontario’s urban intensification plan might show us where the real core of the housing availability crisis and fueling high rent and housing prices.

A quick look at the US housing forecast and a small market forecast for San Diego tells you that the Americans are enjoying moderate growth now and all the way to 2020. That will help carry us.

In a low oil price world, the Toronto and Vancouver economies have benefited and that has to be the key factor.  And we haven’t benefited much because manufacturing jobs didn’t come back. In fact, even with the low loonie, jobs still moved to Mexico and China.

Expert Asks; Can You Believe Anything from Anyone Anymore?

We were told by the experts that the boom is only being experienced in Vancouver and Toronto, but the graph below tells a different story. If the US economy picks up, we could see all Canadian cities heating up.

Housing Demand Toronto Vancouver Montreal Calgary

The Usual Suspects?  Government

The upcoming jump in downpayment for mortgages will only hurt first time buyers who will still have to rent a condo or home somewhere, if they can afford it. There’s word the BC government may levy taxes against unoccupied homes and they’ve talked about harassing investors (background checks).  Of course, BC just levied the 15% foreign buyer tax and caught many unwary buyers offguard, resulting in extra costs of over $100,000 for some. That’s what happens when government starts meddling in markets – they don’t work anymore.

Ontario’s Urban Intensification Act appears to be colliding head on with the Greenbelt expansion plans by intensifying growth near the greenbelt areas and at the same time shrinking available land. Is this a wise move at a time of fragile yet positive economic growth?

Memories of a Sizzling Hot GTA Market

Housing markets such as Vaughan, York Region, and Central Toronto heated up considerably in 2017 and more people moved to these municipalities. No one looked at Aurora real estate in past years, but new housing developments, great lifestyle, along with a very limited supply of land within the town meant speculators jumped on the bandwagon. Days on market for Aurora homes was down to 10 last spring 2017 — only Oshawa homes sold that fast, and for over asking price.

Homebuyers are still willing to look beyond the green spaces belt, but they’ll look at Aurora, Bradford, Stouffville, and Newmarket first before heading north.

What will the next few months bring for the housing market and economy in Toronto?  What are your predictions?

Trending in 2018/2019: US Housing | Home Mortgage Prections | Lowest Mortgage Rates |  Buying a House | Stock Market Crash |  Canadian Economy Forecast  | Oil Price Predictions | Mortgage Rates | Best Real Estate Investment | Home Price Forecast | Toronto Housing Market Forecast | Los Angeles Housing Market |  Calgary Housing Forecast  | Lead Generation | New Homes for Sale in Newmarket | New Homes for Sale in Aurora | York Region New Construction | Aurora Luxury Homes | Mississauga Real Estate Report | Toronto Auto Insurance | Vancouver Auto Insurance | Bradford West Gwillimbury Homes |  Friday Harbour ResortBest Investment Opportunities | US Housing Crash 2017 | When is the Best Time to Buy a House? | When should I Sell My House? | RETS IDX  | Will There be a Market Crash? | Best House Renovations | Bitcoin Cryptocurrency |  Foreign Exchange Rate Forecast | Forex Rate Forecast

 

Generating leads for Toronto realtors and realtors in Los Angeles, Toronto, San Diego, Phoenix, Denver, Seattle, Chicago, Boston, New York, Dallas, Houston, San Antonio, Austin, St Louis, Minneapolis, Green Bay, Charlotte, Tampa, Miami, Orlando, Vancouver, Montreal, Ottawa, Oshawa, Hamilton, Newmarket, Aurora, Richmond Hill,  Calgary, Kelowna, Mississauga, Anaheim, Beverly Hills, Malibu, San Francisco, San Jose, and many more cities acorss North America. I welcome enquiries from the UK too.

Realtors: Are You Using the New RETS Technology?

Compare RETS vs FTP IDX Feeds

The first thing visiting homebuyers want to see on your real estate website are home listings.  But when they arrive, they may get a troublesome map widget to frustrate them, or mls listing pages with uninteresting and non-engaging pics and descriptions.

Add to that an ugly slow website with a poor unclear value proposition and wow, you’ve got a lead killing wonder.

What’s worse, is that your current listings aren’t indexable by Google so you’re getting no free Google referrals.  That old technology called ftp IDX is ruining your impact and engagement with your prospects and eliminating your Google search engine rankings and referrals.

Let them search quick, and then enjoy what they find. Oh and Google needs to find all the mls listings too!

What you Don’t Know Can Hurt You

The MLS Property Listings are a valuable Marketing asset — people love to view the homes. This blog post gives you a look at a resource you probably have little knowlege of — the new RETS IDX standard.  Realtors who are technical whizzes do know about the MLS database feed, and they like to keep it to themselves.

If you’re a professional Realtor hoping to keep pace in the digital era, you need to know about the new standard. You can leverage it for a serious advantage online.

Do you know another Realtor who has no website or one that’s ineffective? Please pass this on to them.




You may have heard some talk about the IDX feed at your meetings, conventions, or conversations with other agents. But there’s a distinction that’s rarely mentioned, because it’s technical and no one understands it. I want to make that clearer in this post. Not only does RETS make a technical difference, it also enables tremendous content creativity — and this is where Google traffic and improved content engagement can pull in prospects for you. Choosing the right IDX RETS provider is very important and I want to lead you to the right one.

One simple change could open the floodgates for traffic to your site.

Graphic Courtesy of cloutsoft.com

 

The Big Trend for Agents is RETS Adoption

It’s time to take a look at the RETS IDX framework and maybe decide to start using it.

What is your MLS’ IDX? IDX is the Internet Data Exchange. It’s simply a format that allows the visitor’s web browser to load the MLS listing info into the page for viewing. Yet FTP or file transfer protocol is an outdated technique which has some substantial setbacks. In today’s competitive marketplace (Google) using FTP could mean your SEO and content strategy may fail. RETS is the new solution.

Does your MLS support RETS? Find out here.

Does NAR and Realtor.com Promote RETS? Take a look at their pdf that elaborates on the many benefits of RETS.

Screen Capture Courtesy of Realtor.com

How Much Traffic can the RETS Framework Produce?

How much traffic could you expect by using the new RETS framework? With 10,000 home listings and more unique pages generated, you could have 15k to 20k pages indexed in Google.   One very successful agent I know of has 90,000 pages indexed in Google. That’s what you call a formidable Google presence.

This video from SEO RETS gives a good introduction and is one potential solution that can increase your visibility and leads using RETS.

Typical FTP based IDX data fed home listing on a Realtor’s Website

FTP IDX was the Standard

I’ve worked on quite a few Realtor web sites which used the FTP IDX standard. It required mental gymnastics to get the pages to perform in Google or Yahoo. There are hundreds of millions of MLS pages live online, but they’re barely visible, slow loading and not indexed by Google.

Sometimes Google can’t even reach them!  And I’ve worked with the iframe solution you may also be familiar with. That was the worst solution ever and agents are still using it.

While working with one client who was using the IDX FTP Framework with Real Estate Webmasters, I actually did some custom optimization, a workaround, that allowed me customize those pages. It was a powerful SEO technique, and one that Real Estate Webmasters began utilizing themselves.

But the FTP method doesn’t work well enough to compete today. The new RETS system I want to introduce you to has the full power you need to dominate the Google results and improve impact and engagement with your visitors.

Take a good look at your current content and assess whether it has awesome impact and engagement. Visitors love home listings, but they’re usually very dull.




Yes, you can use it with your WordPress site.  The end result could be career changing for any agent or broker just learning about this stuff. I’ve listed some RETS IDX site providers below. You can ask them your questions on cost and functionality.

There are web design and real estate site development companies that sell RETS based websites and this likely is the best route to go. However, don’t hire them to do your marketing. They’re programmers and web designers, not Internet content and SEO experts.

Open Up the Full Power of the MLS™ Listings

The MLS™ listings are extremely powerful if you use them right.  Combine them with blogs and your Facebook posts and you’re giving homebuyers precisely what they want.

RETS and FTP are the two formats of data that your IDX uses. FTP has no flexibility and is impossible to use creatively. RETS on the other hand offers flexibility to utilize whatever data you want to include from the MLS property listing feed.

The MLS feed is just a big spreadsheet database and you pluck whatever you like out of it into your pages. So your pages don’t have to be copies of 4000 other realtors using the same data. Your site must be unique. Google loves unique and so do your human prospects.

Most agent IDX platforms use FTP to access the listing IDX feed. This feed as it’s called is actually a simple spreadsheet or .csv file with all the listing details of the homes for sale. The data is held on your MLS server. When a visitor views a page of mls listings on your site, the page data comes from the csv file on the mls server (and you can have a copy of this file located on your server).

Pass this post on to other agents in your office.

With ftp feeds, the whole listing is downloaded rather than the bits and pieces that have been updated.  Considering the MLS feed is many hundreds of gigagbytes, the servers get bogged down. That slowness is not appreciated by your visitors who might be viewing on a mobile device. And Google and Bing don’t like the slowness either, so they’ll lower your search engine rankings.

Your MLS server too, may actually be very slow, something you can’t control, unless you get the idx feed placed on your own hosting platform.  Then you can get superfast hosting and be Google friendly!

Test Your Page Speed and Mobile Friendliness

You can check your listings mobile friendliness and load speed here: First, cut out the url of one of the mls home listings on your site. It will likely be very long. Make sure you get it all, and then paste in the PageSpeed Insights box:

Duplicate Content is Considered Spam By Google

Your MLS listing page is the same as thousands of other agent’s listing pages Google has indexed. So Google’s spam team and anti-spam filters will seek to reduce that glut of duplicate pages (duplicate content) in the search results by focusing on the top real estate domains.

Thousands of other agents may have the same listing on their site, but Google’s not going to show their pages in the search results. If they did rank at all, it might be ranked 945th. Most often now, Google won’t let searchers go down that far into the results. They’ll force the searcher to do another search using different keywords.

Duplicate content isn’t subject to a penalty, unless there’s lots of it. Most times, Google will just ignore your duplicate content and only show the top 20 or so sites with that particular “syndicated” content. Your site needs to be optimized so it’s considered the premium website by everyone.

Remember too, that with social media sharing, people won’t share something that’s not valuable and unique, looks good, and loads fast.

Does Your Site Use the FTP IDX Feed?

It almost certainly does. And worse, it does it in a plain, mediocre way that loads all the MLS data into your page. Sort of like getting your food at the mess hall kitchen. It’s slopped onto your plate, good or bad, same as all the others. It is what it is.

Why is This RETS Stuff Getting So Much Attention?

RETS has so many advantages: customization, speed, fast updates and more.

  • For developers, RETS is written in XML which provides more standardization so it can be used in endless applications.
  • RETS data can be loaded in pieces which allows you to present what you want about the listing in the way you want. The result is a listing page that reads better, is more interesting and engaging (please note that your MLS compliance board will want to approve your pages according to their compliance standards).
  • RETS data updates only the changes in the listing, not the whole database over again which saves time
  • RETS fits nicely with a customized content strategy where you can place your own optimized content into the page.

Realtyna Organic MLS Listings Optimization

RETS and SEO

Besides the page load time advantage, we can creatively select the listing information and create more pages using that data. And we can bring in unique, well optimized engaging content into the page. This increases the page’s uniqueness, something Google likes and generates more impact and user engagement.

If people stay on that listing page longer, Google sees this. Google will raise the ranking of pages that people are engaged with and return to again.

This only makes sense. Google wants good content, not duplicate content. When I optimize pages, Google considers them unique and will give the page a shot at a high ranking.

More Experty Optimized Pages! — This Just Isn’t Fair

I can create more pages and much more well-optimized pages. Some agents have as many as 90,000 pages indexed in Google. How about that army of pages competing to gather as many homebuyers as possible via Google or via social media shares?

Because RETS data can be sliced and diced to a certain degree, you can create a much more engaging and persuasive experience for visitors. You’ve worked hard or spent a lot of money on Facebook or Adwords ads so you need to increase your visitors to subscriptions and phone calls rate.

RETS gives us Content/SEO Strategists a lot of tools and flexibility to win the ranking wars, and to maximize visitor engagement. Those are 2 key goals in our quest to build Realtor leads and commissions.

If you’re still using the framed IDX solution or the standard FTP service, you should look into the RETS solution. Your website is an asset if you treat it like one.

What are the Issues you’ll face when Examining RETS IDX solutions?

  1. is the solution hosted on your website (not theirs)?
  2. who will help you customize the layout and content of your pages?
  3. do they include a high converting CRM system with it?
  4. is it WordPress compatible?
  5. can you use any WordPress template or only theirs?
  6. what limitations does their system create?

There are issues to face when you’re shopping for the best solution. Of course, you want it all and you want it right now, but I know the choices are tough and you’ll need to compare a lot and make decisions. It’s never easy to be the best!

RETS IDX Resources:

RETS Programmers/Websites: (I have one more that’s excellent, but you’ll have to become my client to find out).

Simply RETS:  https://simplyrets.com/services – WordPress plug-in and a marketing analytics add on.

Agent Evolution/IDX Broker:  https://www.idxbroker.com/compare-idx  — Geo-specific content delivery add on

RetsPro:  http://retspro.com

SEO Rets:  http://seorets.com

Ultimate IDX:   https://www.ultimateidx.com/agent/

Ultimate IDX Rets Solution — The CRM is Important Too

There’s a lot to learn about RETS IDX and how to plan, otpimize and implement.

Related posts: Housing Market 2018 | Social Media EngagementReal Estate Lead ConversionHome Prices | Los Angeles Auto Insurance | US Debt Forecast | US Dollar Forecast | Bitcoin and Real Estate3D Home Tours  | Toronto Housing Crash | Florida Housing MarketSan Francisco Housing ForecastLos Angeles Housing Market | San Diego Housing Market | Real Estate Agents | Buying Homes with Bitcoin | Blockchain and Real Estate | Vancouver Condos | Toronto Condos | Vancouver Housing Forecast | Affordable Real Estate Leads | Digital Marketing for Realtors | Realtor Branding | Bidding Wars | LA Real Estate SEO | Realtor BrandingRealtors Benefits  | San Francisco Bay Area Housing Market

 

Houses For Sale – How to Find a Better Home for Sale ⌂ Los Angeles Phoenix New York Texas Florida Illinois

Find Houses for Sale with this Super Strategy 

Shop online for groceries, car insurance, or houses for sale, you’ll get better results by searching. In the case of home shopping, you’re going to save tens of thousands of dollars and get the home you want in the neighborhood you want.

That’s the beautiful thing about the Internet — a boundless number of sites that compete for your business.  There is no one single source for condos and houses for sale. They all compete but they don’t cooperate.

Below is an integrated home search strategy that will your make your house for sale search quest exciting and help you find the best property. You can still use a Realtor, but with this you’re still in charge and your Realtor will have to work to represent you.

People have so many hopes tied to acquiring a house (and dream home) yet most homes available for sale are a poor fit and a bad investment. You don’t have to setlle. When you limit your search, you ruin your chance to be happy. Google is a great help. Lots of help in finding open houses. But first, create a home search plan.

Seriously? A Home Search Plan?

Those who don’t plan, plan to fail. A bad choice has such serious consequences in money and happiness.  Take your time. And some selection criteria are more important than others.  List the must haves in your search and don’t deviate too far from. Here’s a few examples:

  1. which specific zip codes or neighbourhoods are right for your family? Find zip code neighborhood ratings and eliminate those with high crime ratings, no green space, recreation, inconvenient shopping, poor roads and utilities, poor schools quality
  2. excessive commute times? (how much can tolerate?)
  3. what size home do you need? How many bedrooms and bathrooms do you need?
  4. age and condition of home? (headaches and heartaches)
  5. what price range do you qualify for? How much for house, how much for renovations to improve bathrooms or create open concept layout?
  6. what downpayment should you have? (private financing)
  7. what payments can you manage? (house poor and depressed?)
  8. what will you absolutely not accept? (bad neighbors, viscious dogs, radio, swearing, drugs, drinking; and now you’ll take your time to make sure these awful things aren’t next door to you and your kids.)
  9. how much capital gains will you need over ten years? (you’ll eventually sell this house)

Realtor Systems are for Creating Sales

You’re not a transaction, you’re a family with a future. Keep in mind that Realtor type systems aim to sell you a house fast, not to let you get picky.  They might not even know about recent crime in the neighborhood or the condition and cost to upgrade the home to healthy.

You may need to go online, or use social media listening tools to learn of bad things in the neighborhood. At some point, your kids will come to face to face with them.

  1. setup a separate, new email address for the house hunting project only
  2. find your own home inspector
  3. use all the home finding sources below

Check out the housing markets in Los Angeles, San Francisco, Seattle, Houston, Boston, and Miami. The Florida housing forecast should be of keen interest to northern retirees and investors weighing the value of rental properties.




It’s understandable that you want to get right at it, and search for a few possibilities online or just call a Realtor™. That’s not wise. It’s far better to create your own web of contacts and resources. This big machine will help you tap into the biggest pool of homes and leads. I have a collection of home search resources that will give you better results than any Realtor™.  And you’ll find 16 tips on homes for sale searching below too — a pro researcher’s process to help you scan for the best homes for sale online and select the right one. We’re going to get you on the sure path to your dream home — a powerful investment and a launchpad to a happy life.




Sharing is Good for Your Social Health

Please share this huge list of amazing property listing sites that have homes for sale below with your friends and family. Help them get the best and avoid the worst. This could be life saving!

Whether as a home or as a property investment income generator, you’re smart. It’s the one investment that creates additional streams of revenue from renters to solar roof panels to tax write offs.




With these tips and resources you can search and drill down to find the best homes for sale, including those not listed on the MLS. Google alerts can help you find new property listings that appear on websites, pages that aren’t very well promoted, because the real estate agent doesn’t want to spend money on Internet marketing.

Don’t rely on lazy Realtors — take massive action to find all potential properties for sale and work with winners.




17 Tips for Home Searching – Online and Offline

  1. visualize the type of home you want and avoid buying whatever the market has up for sale
  2. list your home feature priorities as a guide to keep you on track (e.g.,# of bedrooms floors and washrooms, square footage, distance to school or park, price point)
  3. research the best cities and zip codes with good schools, low crime rate, lower taxes, and lower density
  4. check out the home price history in the city, neighborhood/zip code, comps for similar houses, and the frequency of sales in the neighborhood
  5. do an online search of the street, neighbors, and see what comes up
  6. get preapproved and know how much you qualify for and how you will manage paying the home loan payments for years — don’t waste time searching for homes $100k above your budget
  7. search for the best mortgage deal online – don’t get stuck with a local mortgage agent who sweet talks you into a less than ideal solution
  8. find a good home inspector you can rely on to give you the best insight into the home’s condition
  9. search online for a good realtor, and do not just call one and settle — ask questions about experience, marketing skills, sales and negotiation experience, references, communication skills, and check their website out thoroughly — is this someone who is really into being a Realtor?
  10. connect with many different Realtors since each of them have their own connections and opportunities — the more the better
  11. search online using a variety of sources and get alerts from many Realtors and Google alerts on new properties
  12. before you go to a showing, create a spreadsheet chart that lists each feature you must have and below some nice to have’s and give them a 1 to 3 rating each – bold the top 3 must haves.
  13. measure your furniture and list them on a piece of paper and when you arrive at the home, sketch out the home layout and its dimensions – you can review them later when you have more time to think about everything you need in this home — don’t be impulsive but instead be critical, because if you like it, you’ll get your endorphin boost later
  14. pretend you’re a home inspector and walk around the property and the neighborhood — get a feel for this location and whether you feel comfortable, and take note of the attitude of your neighbors — you’ll be seeing them often
  15. take lots of photos inside the home – zoom in on the kitchen, bathroom, so you’ll have these for future reference when you’re comparing homes
  16. ask to see the actual tax statements and utility bills
  17. check the homeowner’s social pages and Google them thoroughly




Is the home you’re searching for Tech Friendly?  Even Millennial aged buyers forget this factor when attending open houses or showings. Tech-friendly is in.

Infographic courtesy of Porch and https://www.pinterest.com/pin/569142471629698008/

Before you buy, make sure you learn more about the housing market, (e.g., Los Angeles, San Diego, New York, San Francisco, Phoenix, Dallas, Charlotte, Seattle, and Vancouver). These are exceptionally hot markets where you’ll find high priced properties. For other lower priced markets see the cities page. Learn more about cities at city-data.com.

 

Best Places to Search for a Home

Looking in all the wrong places? There’s a cure for that — the right places. Take your time and peruse all of these so you craft a better understanding of the home search process.




  • Homes for Sale in Los Angeles – Search for dream properties in LA – owners list in Dream Homes Magazine to reach the wealthy clientele.
  • Homes for Sale in San Diego – Dream Homes has the best coverage of San Diego.
  • Luxury Homes for Sale above $10 Million+ For the world’s wealthiest 1%, Mega Dream Homes is the place to visit. Find a super luxury home real estate agent.
  • Homes for Sale in New York – Zillow is one site you need to use more often. They operate outside of the MLS system and can help you find additional properties.
  • Homes for Sale Silicon Valley CA – Sothebys has its own set of luxury home listings in the lucrative market in Silicon Valley.
  • Homes for Sale San Francisco – Century 21 is yet one more channel to search in the scarce San Francisco market.
  • Luxury Homes for Sale San Jose CA – Luxury Portfolio has additional opportunties you should get connected with.
  • Homes for Sale Seattle – Redfin could be an aid to your search in 2017.
  • Find new homes for sale in Canada at Buzzbuzzhomes.
  • How about a new home in Phoenix via the New Home Source?
  • Check out Boston’s hot home market with Coldwell Banker Realty
  • Search for Bargains in Calgary Alberta – The Saudis are already jacking up the price of oil and guess who has oil? Calgary Home Boys know the Calgary market.
  • Movoto is yet another resource to help you find homes in Chicago.
  • Homes for Sale Salt Lake City – How about Ziprealty for a unique selection of properties.
  • Denver Home search – should foreclosures be a part of your search?
  • Condo investments in Miami – Are condos good investments?
  • I wouldn’t recommend Craiglist real estate to find Atlanta homes for sale right now, however in a few years, it might be a relevant source.
  • How about searching an FSBO site for Homes for sale in Denver?
  • Find a home in Houston with Better Homes and Gardens
  • Dallas homes searches using an auction service?
  • Keller Williams is yet one more search option in Philadelphia
  • Search the scarce listings of homes in Vancouver for sale on Point2point.
  • If you’re patient and want a lower initial investment point in your home investment strategy you could keep informed with distressedpropertiessale.com
  • Find the best bargain properties via the Times Picayune in New Orleans.
  • Looking for investment property in San Antonio? Asking an experienced income property investor could be helpful.

 




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Real Estate By Zip Codes

Search Homes for Sale By Zip Codes 

Real estate investors and home buyers alike are becoming a little more savvy about searching for good investments and properties in the best cities.

Searching for properties via zip codes adds variety and a new perspective to your home search or pursuit of that great income investment property. You want the real picture, and you may access new and needed information searching by zip code.

While you can search by State, County, City, neighborhood or suburb, a search for homes by zip code lets you zoom into those neighbourhoods you are most interested in, not some general category such as Denver, Seattle, Houston, LA, or New York, which is actually confusing.




Zip Codes are a Great Way to Search for Homes

  • drill down into the neighbourhoods that matter
  • find additional information is available only in relation to zip codes (census and marketing data)
  • zip codes let you see community boundaries easier
  • breakdown of important features via zip code
  • lots of deep demographic info available on zip codes because shoppers give their zip code when buying locally at retail stores
  • gives you different search results




Zip codes give us additional cues or signals about homes for sale, neighborhoods, potential, forecasts, and home price trends in the areas we’d like to invest. Zip codes are used by car insurance companies when quoting rates, and Facebook uses zip codes to target ads just to you.

Nielsen Research has a demographic profiling service which marketers use, based on zip code. It provides lifestyle, income, age and other info on the residents in those zips.



zip code researrch

In this previous post, you learned the top 80 best cities to invest in income properties. Great info for investors who want the best zip codes across the US for a return on investment. There are over 32,000 zip codes in the country, and according to research from realtor.com, there are hot zip codes to pay attention to.

Of course you may not be an investor, and instead are looking for homes for sale in specific communities (zip codes) and you can search with the search box below. Begin with a city and then drill down into the specific zip code you’re interested in. Then all you need to do is find the best time to buy a home in your city.




Any sharp real estate investor knows to look beyond their own city or town to look outward to other cities where property values are rising, where the local economies are strong, and where further positive growth factors exist.

Yes, you’re more interested in the houses and condos, but don’t forget that homes are about lifestyles, neighborhoods, local shopping, schools, medical services, transit, safety, green space, and the economy.  A bad neighborhood can ruin a good home.

Searching aimlessly for homes? Frustrated, demoralized, confused?  You need to get focused and avoid wasting your valuable time.

 

Homes for Sale – The Ultimate Home Search Source

Share the Home Finding Machine — the ultimate source for searching for Homes for Sale anywhere in the US or Canada. Help your friends find their dream home.




7 Factors that make the Best Zip Codes so Attractive for Investors

1. home prices are projected to rise faster than other areas
2. positive outlook for employment
3. local economy is predicted to be better than other areas
4. more of the right properties are available
5. there is a strong housing shortage in that area
6. there is a strong commitment to neighborhood improvement
7. there are good schools nearby

Best Real Estate for Investors – By Zip Codes

Realtor.com conducted some research recently to find the best zip codes in the country. They chose a stat you might think is insufficient as a guide to invest — solely on demand.  Their list is based on a) the time it took properties to sell, and b) how frequently homes are viewed in each ZIP code.

There are other factors that go beyond current demand such as overall housing forecasts, specific features, crime rates, commuting time, types of properties, and more which will impact whoever rents your property or buys it.




Here’s a cool graphic from homesnacks.net that you’ve probably never seen before. It maps out all the zip codes according to these factors:

  • Population Density
  • College Degree Holders
  • Unemployment Rates
  • Household Incomes
  • Short Commute Times
  • Home Values

Looks like they give the thumbs up to Seattle, Southern California, Wisconsin, New England, and the core of Texas.

That’s a different ranking of zip codes, and it may help decide on, or avoid investing in properties in specific regions.



Realtor.com’s top 50 Real Estate Zip Codes:

Rank ZIP Code Community, State
1 76148 Watauga, TX
2 94523 Pleasant Hill, CA
3 80233 Northglenn, CO
4 80916 Colorado Springs, CO
5 78247 San Antonio, TX
6 94954 Petaluma, CA
7 2176 Melrose, MA
8 63126 Crestwood, MO
9 97222 Milwaukie, OR
10 92104 North Park, CA
11 40242 Louisville, KY
12 66204 Overland Park, KS
13 48072 Berkley, MI
14 95123 San Jose, CA
15 37214 Nashville, TN
16 78749 Austin, TX
17 94585 Suisun City, CA
18 14625 Rochester, NY
19 49508 Kentwood, MI
20 58103 Fargo, ND
21 46804 Fort Wayne, IN
22 95678 Roseville, CA
23 43214 Columbus, OH
24 95376 Tracy, CA
25 98105 Seattle WA
26 83705 Boise, ID
27 68144 Omaha, NE
28 27511 Cary, NC
29 90230 Culver City, CA
30 93906 Salinas, CA
31 59102 Billings, MT
32 93004 Ventura, CA
33 67209 Wichita, KS
34 80603 Brighton, CO
35 95062 Santa Cruz, CA
36 32707 Casselberry, FL
37 95368 Salida, CA
38 93720 Fresno, CA
39 50010 Ames, IA
40 14150 Tonawanda, NY
41 28273 Charlotte, NC
42 30269 Peachtree City, GA
43 55423 Minneapolis, MN
44 53005 Brookfield, WI
45 23226 Richmond, VA
46 66617 Topeka, KS
47 75495 Van Alstyne, TX
48 33624 Tampa, FL
49 7066 Clark, NJ
50 80501 Longmont, CO




Zip Codes with the Lowest DOM

According to Realtor.com, it takes 53 days less to sell a home in the top 20 markets. That means these zip codes are in much greater demand.  Will this demand continue through the next 10 years? The answer to that tough question might be found in state and region migration trends, demographics, types of industries, and other economic data, such as I discussed in the San Diego and Los Angeles and San Francisco real estate forecasts.

Investors might be very focused on where millennial aged buyers/renters might be living and where they’re likely to move to. Places like Longmont, Colorado might be head scratchers, however these might be very attractive locations for younger buyers.




For example, the migration away from Silicon Valley in California is one such trend that could last 10 years. The San Francisco, San Jose, Santa Clara region has all the earmarks of overheating such as in-migration, positive economic outlook, and a lack of residential land.

Any towns such as Pleasant Hill (#2) and Petaluma (#6) and others in between Sacramento and San Francisco could have huge potential for price growth.

For those interested in sunny California, take a look at Realtor.com’s hottest markets index in this graphic below.  Look deeper for specific zip codes and neighborhoods that have the best potential. Think 5 years ahead.

California’s Best Zip Codes

Once you’ve found the best zip codes to buy real estate in, you’ll need some guidance in how to actually carry out that investment. You might want to look for property investment experts who have the insight into all the nitty gritty stuff you’ll be encountering.

Search for a Home Via Zip Code

Major real estate web sites are still behind the times when it comes to zip codes.

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Gord Collins — Digital Marketing Specialist

Real Estate Video for Power Home Selling

Homebuyers Are Watching More Video Than Ever

Real Estate Video is a selling machine.  As you’ll see in a few of the videos below is how video can present properties for sale in a more compelling, engaging way. The end result is more engaged viewers, more interested buyers and ultimately a higher selling price.

This post you’re reading is one of my most engaging posts with an amazing engagement time of 15 minutes. Why? Because it’s helpful, on a topic people know is important, and it’s entertaining. This is what good content looks like.

You’ll find 18 reasons why you must use Real Estate Videos to sell homes in 2018. And you’ll be enjoying some astonishing videos and infographics too. Change your approach and change your results.

If you’re a home owner, you’ll want video as part of a complete digital marketing sales system working for you. That will combine with Facebook and Google Adwords ad campaigns, compelling marketing pieces such as blogs and downloadable guides, along with a superior digital sales strategy.



Video adoption is still lagging online yet consumption of video is increasing.  Both  Realtors and homeowners may not be convinced, but in reality the cost of producing video has dropped. Hundreds and hundreds of new high quality real estate video production companies have spawned in the last couple of years.

Video Is Growing in Use Online

Video on your webiste and Facebook is great, but it’s also important in advertising.  Having your own video within your Facebook video ads, lead ads, or Google Adwords ads is very powerful.

Viewer engagement numbers are very high.

Combine that with remarketing ads and you have persistent high quality exposure to your audience.  And Realtors,  if you have a list of prospects emails and names, you can target custom audiences and target only those people. This maximizes your impact and minimizes waste.

Take a look at some numbers here from Hubspot.

With drones and 4K video technology, you’re able to present your buyers with an exceptional sales piece complete with elegant music and key selling features to help get buyers focused on buying your home.  It really is about focus, and that is created through effective videos.

Forget what you’ve heard and expect about video. Speak to a video producer and let them explain what is possible and persuasive. Open your mind about how video can represent you and your property.

Video doesn’t preclude in-depth blog posts, viewable mls listings, and material that builds trust.  Video adds an additional visual element that is engaging. You really do need it. There are few realtors below who understand the power of video. If it’s done with good taste, sincerity and good production values, a video can be a powerful lead generator.  And let’s not forget how sharable a Facebook or Youtube video is.

Using a real estate presentation video may have more selling power than you realize as you’ll see in these amazing realty videos below. You can get more offers, sell higher, and get offers faster. Let’s launch a bidding war.  If your realtor isn’t using video, you’re missing out on leveraging engaging content that will impact, engage and persuade.




According to an Australian Real Estate Group, real estate listings that include a video receive 403% more inquiries than those without

If You’re Going to Sell Your Home – Get Big Exposure and a Beautiful Video

Let’s explore the world of video real estate marketing and how it might benefit your online reach, impact and sales. Video’s such a fun medium, you’ll have a fun time exploring and evaluating it.

Mobile and Video really growing: Smartphone traffic will exceed PC traffic by 2020. Ultra-high-definition (UHD) will be 20.7 percent of IP video-on-demand (VoD) traffic in 2020, up from 1.6 percent in 2015.

tubularinsights
This study by Tubular Insights showed a remarkable improvement with photography and video on estimated value of the property. So much for market assessment!

I’ve got 18 compelling reasons why video should be part of your home selling and marketing mix. Which of the 18 are most important is up for debate, but perhaps the top reason is that consumers online are watching more video than ever.

Some are forecasting that most internet traffic in a few years ahead will be video viewing on mobile phones. Reading isn’t a whole lot of fun on a smartphone and it makes sense that consumers will expect content and information in a non-readable format.  It’s not that they don’t want to think, it’s that they will lean to information that’s easy to experience and absorb. Video has a big advantage over text here (however, let’s not forget that Google ranks your pages using the text!)

The power of real estate videos is in three dimensions: 1) technology and functional compatibility, 2) emotional engagement and retention, and 3) enhanced reach into the marketplace. If you can achieve all of these rather difficult challenges, you’re on your way to top sales. For the homeowner selling a house, property, or condo, it can generate multiple offers leading to a sold over asking price result you most certainly want.

2017 Forecasts: Interested in knowing more about the US housing market, San Francisco Rental Income Market,  Los Angeles real estate market, or Toronto real estate market through 2017?

Agent Introduction and Update Videos

Here’s Austin Realtor Jill Leberknight with her agent introduction video. She’s an exceptional pro:

The Best Real Estate Listing Videos

To whet your appetite, view this video from Sureshot and you’ll not how elegant it is and how it well it reveals the features of the home. Is this more powerful than the MLS listing data?

Unit 7, 26 Paton Street, Kangaroo Point, Brisbane from Sure Shot Film on Vimeo.

And in this real estate video, we see how seamlessly and comfortably the drone aerial footage is fused to the indoor shots. How much more would your home or condo sell for with a video like this?

And the shots and vistas in this video are compelling.

So much creative styling, motion, color, sound and visual content can be used in a real estate video. This is a ranch style home in beautiful Canmore, Alberta Canada.

Now if you have a professional film crew handy, you might take the video home viewing to new cinematic heights. Get blown away by this land/sea/air excursion into an incredible mansion in Del Mar California, just north of San Diego.




Real Estate Video in 4K – The next Generation is Here

Oh yes, our adventure isn’t complete without sampling an amazing 4K video of a home for sale in Utah.

Have to admit it, those Drones do have their purpose in real estate video marketing.

18 Reasons to Use Real Estate Videos

  1. Videos keep visitors on the site and not leaving –  the average user spends 88% more time on a website with video with many viewers watching the same video several times.
  2. Videos often rank well in Google search results on their own
  3. Video engagement is watched by Google thus your page looks like it is of more interest to searchers and your Google rankings will rise
  4. Homeowners prefer realtors who use video on their websites
  5. Video attracts 3 times as many links to your site compared to other types of content
  6. video increases email engagement and sales response rates
  7. Video creates better impact and memory retention/recall for better branding
  8. Video is more emotionally engaging and when you’re selling, it’s all about emotion when buyers are making the decision to buy – when buyers see rooms in motion they’re more likely to think about how their kids would use the home — important prepurchase behavior
  9. Videos build buying intent, activate impulse, and make buyer prospects feel more confident – Enjoyment of video ads increase purchase intent by 97% and brand association by 139% according to Unruly.
  10. Video presents and reveals top home features more convincingly
  11. Youtube is very popular still and reaches a lot of consumers
  12. Video is still leading edge and prestigious – it greatly enhances a realtor’s credibility and professional brand image
  13. Homebuyers want and expect real estate videos — come on, they’re buying their dream home!
  14. Neighbourhood video tours are fun – and you can brand your videos anyway you want
  15. MLS stats alone leave buyers feeling cold – they’re not statisticians, they’re flesh and blood, emotionally buyers who want to feel continuously good about their intention to buy a home
  16. People love sharing videos with friends on Facebook and other social media – friends and family provide positive feedback to them
  17. Personalizes video is one way a local realtor can beat the big real estate brands and websites — their Achilles heel is a lack of personalization and emotional connection
  18. By doing a short cameo appearance in your video, you’re introducing yourself in the most way — relative to a pleasant tour of the property – which moves them a step toward negotiations

When visitors see only an mls listing, it is a bland piece of content that unfortunately you can emotionally associated with. What happens in branding terms, is that you become a commodity because this exact same mls info is found on hundreds of other realtor websites

How do You Make a Great Real Estate Video?

What makes a great real estate video?

  • excellent well defined videography with great lighting that makes everything visible and transparent
  • smooth sweeping motions that provide a comfortable viewing experience
  • a few visual surprises
  • the right music for the target buyer
  • 4K high definition video and ultra high quality audio
  • a personal introduction from you
  • aerial views of property and neighborhood
  • home is nicely and professionally staged

Here’s Australian videographer Dave Dwyer explaining how real estate videos are produced: davedwyer.com.au

What better way to learn some real estate video tips than via a video?

Real Estate Videos statistics. See the great collection compiled by Virtuets. http://www.virtuets.com/45-video-marketing-statistics/

videosalesfigures

There you have the ultimate Guide to Real Estate Video. Take a broader look at your homemarketing plans for 2018 and 2019 and integrate video in it. The value of increased audience engagement and social media engagement shouldn’t be understated. It’s tens or hundreds of thousands of dollars difference depending on your needs.

Related posts: Housing Outlook | San Francisco Real Estate ForecastFirst Time Homebuyers Tips | LA Housing Market | Toronto Housing Market | San Diego Housing 2017 | Real Estate Agents | Blockchain Real Estate | Toronto Real Estate SEO | Vancouver Real Estate SEO | Vancouver Condos | Toronto Condos | Vancouver Housing Forecast | Affordable Leads | Digital Marketing for Realtors | Realtor Branding | Bidding Wars |  Seattle Real EstateRealtor Growth Hacks | Realtor Skills | Realtors Benefits | Home Search | Richmond Hill SEO | Boston SEO | Vancouver SEO | Rental Income Housing | Homes for Sale | Homes for Sale Aurora | York Region Real Estate

Gord Collins —  I generate leads for realtors in Los Angeles, Phoenix, Denver, Seattle, Chicago, Boston, New York, Dallas, Houston, San Antonio, Austin, St Louis, Minneapolis, Green Bay, Charlotte, Tampa, Miami, Orlando, Toronto, Vancouver, Montreal, Ottawa, Oshawa, Hamilton, Newmarket, Richmond Hill, Oakville, Calgary, Kelowna, Mississauga, Anaheim, Beverly Hills, Malibu, San Diego, San Francisco, San Jose, Fresno, Santa Clara, Sacramento, Mountainview, Palo Alto, Portland, Washington, Atlanta, Irvine, Nashville, Sunnyvale, Salt Lake City, Riverside, Rancho Cucamonga, Costa Mesa, Thousand Oaks, Simi Valley, Raleigh, Albuquerque, Glendale, Oceanside, Long Beach, Huntington Beach, Carlsbad, Santa Clarita,  Henderson, Mesa, Temecula, Kirkland, Redmond, Kansas City, St Louis, Stockton, Scottsdale, Palm Springs, Indianapolis, Columbus, Colorado Springs, Fort Worth, Chula Vista, Escondido, Santa Monica, Miami Beach, and Honolulu. Find a Los Angeles Real Estate Agent who will actually work for you.

Houses for Sale in Miami Florida | Fort Lauderdale Miami Beach Homes

Houses for Sale Miami

Looking for a home in the Miami , Boca Raton or elsewhere in Florida? Perfect, because the houses for sale widget from Zillow below will lead you to a selection of nearly 1000 detached properties.  Whether to live in or invest in, houses in the Miami area are in high demand.

From Coral Gable, to West Miami up to Boca Raton to Miami Shores, you’ll discover a wealth of extremely beautiful Florida homes, the kind everyone dreams about. Prices range from $239,000 to $8 million or more. It’s not quite correct to say you can’t find a home comparable in quality to Los Angeles, San Francisco, Phoenix or Denver. Search hard with a good home search system, and you might find a gem.

Realtor.com has an incredible 7,000 homes for sale on its site, about a quarter of all property listings. Zillow has about 1000 detached home listings. Currently, the average home listing price is just over $400,000.




Typical beautiful House For Sale in Miami

Spectacular Waterfront home in beautiful Miami Beach

Real Estate Investment Opportunities

Are you looking at houses for sale as a rental income opportunity? The ROI is tremendous in a number of cities including Miami. You may want to look north to Canada as well. The Toronto real estate market and Vancouver real estate market are ripe with income potential. The condo market in Toronto, Vancouver and Mississauga is very promising.  Take a look at pre-construction condominiums too.

Los Angeles, San Francisco and San Diego California are excellent rental markets, however the cost of the property might make you think twice.  See this video from a real estate investment advisor on properties with a high return potential.

Of course real estate investment is always speculative so ensure you have a professional advisor to weigh in on your choice.  Don’t limit yourself to your own location.  Most often, the best returns are in another city or perhaps another country.

 




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Should you Sell Your Home Fast or for a Higher Price?

How To Sell Your Home

Spring 2018 is almost here and prices are still pretty good in many cities.  If you’re a homeowner looking to sell your home in Toronto, San Diego, New York, Seattle, Denver, Los Angeles, San Francisco and Miami you have a chance to sell it for a very respectable price.

After closing their sale, the homeowners will have a moment to reflect on it.

And they do think: “I wish we had gotten more for our home. It would have made a difference for us. Selling quick didn’t leave us with a satisfying taste.

The reason for that is, when the emotional attachment to the home was broken, they suddenly realize it was just a house and that quite likely someone else valued it even more than they did.

There are buyers out there who would be in ecstasy if they found your home. You need to take your time and reach those people.





When you do, you won’t care about agent commissions, paperwork, and showings. You’ll get a life-changing price for your home and so you should after the blood, sweat and tears you shed to pay it off. The best hours, days and years of your life went into paying that house. Get what you deserve!!

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Sell Fast?  That’s a Big Mistake

I know, you need to sell fast to cover your new home purchase or to get rid of your ex asap.  Perhaps there are other solutions that will give you time to sell now and buy later. That takes the pressure off so you can make good selling and relocation decisions instead of reacting under pressure. I’ve seen divorced couples keep calm and sell their house professionally and avoid selling for way less.

There are vultures in the market waiting for these opportunities to buy cheap.  Instead, it’s wise not to get overwhelmed with emotion.  Just like the cash in your retirement savings account, emotions will disappear.

Selling your home  intelligently is the smart way to go. So many benefits await. As with the happy old couple in the photo above, you’ll be satisfied with your decision. Good for your self-esteem and good for your bank account.  And retirees can’t possibly have enough money. You’re going to last 25 to 30 years more with no pay check!!

More Homeowners Selling Means More Competition

Yet with this sudden increase in house listings, buyers will have better selection.   You’ll need to do more to win that big price. You can, if you do it right.

From how your MLS listing is worded to the multimedia presentation of your home, to how your home is improved and presented in person, there’s much you can do to boost your selling price.  SELL THAT HOUSE!! for more.

90% of Buyers Go Online to Search For Homes and Information — this is where you intercept them

How to Sell Your House for More

So how you can help sell your home for a higher price?

  1. Be professional about it – create a picture of value for buyers
  2. Treat it as a business and finance decision – establish a price and get it
  3. Be an Internet marketing Tiger –  use a clever, resourceful digital marketer to get your home in front of everyone

The key factor to achieve way over asking price or initiating a bidding war: Internet marketing.  Hire an agent who works with a visibly good digital real estate marketing specialist.




A Realtor Who is Doing their Own Marketing is Leaving Money on the Table

Remember that real estate is a complex business and Realtors hate doing their own marketing. If they are doing their own digital marketing, they’re probably not engaging their pool of prospects and expanding it. Your Realtor needs to be the selling mastermind with total focus on interacting with as many potential buyers as possible.

Hire an agent that respects marketing and isn’t a “transaction specialist.”  A real estate lawyer and mortgage agent do the transactions. Your agent needs to impress you with the power of their reach and persuasion. They must be a selling strategist or you should find another agent.

More Leads and Prospects Please!

Consider what creates a good offer and a record breaking offer: more prospects. That’s right, the more people know your home is for sale, the more bidding pressure there will be, and the more likely the home will be sold for its true value.

Get True Market Value for Your Home

When you sell fast, or have fewer buyers, it means the market doesn’t know about your house for sale.  You won’t be getting true market value.  True market value isn’t comps or your home market evaluation.  That’s the price that other unwise buyers had to settle for.  That’s not you. If you don’t get impulsive or desperate you can get a big price.

And don’t be too impressed with over asking. With homes selling $1 million overasking price, all cash, the asking price is meaningless.




Tell your Agent you won’t hire them, unless they hire me!

Let’s Get Educated so You Will Guarantee a Higher Selling Price

The overall strategy is to: 1) improve your house, 2) use a digital marketing Realtor, 3) and let as many buyers across the country know you’re selling. Because it may be income property investors who will pay more for your old property, you want to hire a professional to help sell it. The additional cash from doing it this way could amount to hundreds of thousands of dollars. One realtor recently got $1 million over asking for an old house in Toronto.

Photo Courtesy of bhgrealestateblog.com

But hold on, not all Realtors have the top selling power.  I hope you don’t assume that going with the most well known Realtor in town is the only way to go. Because Realtors are having an easy time selling right now since there’s so many buyers.

It may look like they’re doing a knockout job, when in fact, they often rely on the MLS and their small list of potential buyers. “Comps” or market evaluation might be code words for “sell fast.”  Keep in mind, that competent Realtors know about the Internet, Google, Facebook and top notch content.

Even top Realtors rely on the small pools of contacts of their team. But that won’t get you a big over asking price. For that, you need strategic digital real estate marketing and pull in big crowds of qualified buyers.




Maximize Reach > Create a Great Message > Filter Unqualified Visitors > Engage with Real Buyers > Close

Here’s the Best Ways to Sell Your House Quick and for More

  1. Check out your realtor’s website and review these home selling tips
  2. Check out their real estate marketing provider for their effort and performance
  3. Ask them how they will improve your house for selling
  4. Ask them how they will achieve ‘over market value’ and if they’re not out to maximize your selling price don’t hire them
  5. Offer the chosen Realtor a higher selling commission if they get way over market value – they’ll be worth every penny
  6. Ask them to provide a complete breakdown of their marketing and sales process and the marketability of your home
  7. Ask them what makes the most difference to selling at a higher price and how they will focus on that key tactic

While you might thinking that selling fast involves a quick paint job and covering up stains on the carpet, the real strategy is good marketing. And if you’re holding off paying a Realtor a commission because you resent all the selling costs and their 5 to 6% commission, relax. If you choose a digital real estate agent, they will give you a fantastic return on your investment.

 

Those who shop the MLS listings are often bargain hunting. Are they going to have the resources to step up the price? Not likely, which is why you need to expand your reach and make your home look like a million dollar listing. A digital Realtor offers much better reach to buyers all over the planet and throughout your city and can elevate the value for the buyer.

Hire a modern professional and you’ll be rewarded many times over with a no hassle transaction from a qualified, eager and willing buyer. No haggling and your old house will sell fast enough. Don’t sell your place in 3 days. You can reach tens of thousands or perhaps hundreds of thousands by being patient and selling it professionally.

This blog enjoys a rate of 1 Million visitors per year and you are one of them! I reached you and I can reach anyone who goes online. Get smart about digital marketing and you’ll get more than you could hope for.




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Toronto House Prices

Toronto House Prices – Rise or Fall in 2018?

Toronto house prices in 2018 have taken a somewhat similar downward path as the Real Estate market in Vancouver did in 2017.  This depression may not last long.

Condos in Toronto on the other hand are home buyer’s soup du jour for 2018, 2019, and 2020 because of new mortagage rules and limited availability.  Constructions starts are down due to rent controls and buyer worries over government behanviour.

Both provincial governments took credit for the sales and price drops, but the truth is, is that buyer psychology caused the market to moderate in sales only. Whether buying or renting, prices are high and it’s still a seller’s market.

The Toronto real estate market hasn’t lost much in the way of price even though sales have dropped.  The worrisome aspect of this sudden roller coaster ride of prices is the effect on the Canadian economy which is highly rated, but somewhat insecure.




In Toronto and Vancouver, the downpayment for a home/condo alone, is enough to buy a property outright in most other places across Canada.  Rising private debt, stagnant wages, and low interest rates could be enough to form a bubble and lead to a crash. But most experts feel the Vancouver and Toronto real estate markets will be just fine.




Why these politicians are so adamant in their opposition to housing growth isn’t known. As the NDP government comes into power in BC, prices in Vancouver have begun to advance. As long as housing is in short supply, the price pressure will always be upward. That’s a good cue for all real estate investors.

According to TREB, the MLS® Home Price Index Composite benchmark price rose 9.7% YoY, in October.  The average selling price for all home types was $780,104 – up by 2.3% compared to the average of $762,691 in October 2016.

Graphic courtesy of TREBhome.com

House Prices in Toronto’s MLS Districts in 2017

Average Prices and Price Growth – Detached Homes TREB 
City October 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2016 Price Change Last 17 months Price Change Last 6 Months
Burlington $895,457 $974,446 $944,564 $921,434 $1,071,980 $1,083,144 $961,502 -7% -17%
Halton Hills $787,517 $706,500 $984,812 $819,770 $789,094 $825,058 $828,719 -5% -5%
Milton $884,144 $853,790 $866,650 $875,123 $965,488 $932,899 $765,973 15% -5%
Oakville $1,482,620 $1,393,860 $1,314,363 $1,368,523 $1,312,370 $1,561,514 $1,191,503 24% -5%
Brampton $775,170 $766,132 $766,831 $750,856 $801,246 $871,052 $660,015 17% -11%
Caledon $952,466 $918,712 $1,028,591 $1,083,138 $1,102,645 $1,190,527 $755,494 26% -20%
Mississauga $1,034,338 $1,023,207 $1,066,015 $1,113,952 $1,067,449 $1,136,083 $966,467 7% -9%
Toronto West $1,102,379 $1,015,711 $919,916 $1,131,637 $1,118,602 $1,142,292 $944,422 17% -3%
Toronto Central $2,051,481 $2,302,146 $2,113,130 $2,080,982 $2,199,630 $2,488,673 $1,983,187 3% -18%
Toronto East $931,239 $961,805 $887,620 $949,712 $956,883 $991,509 $860,814 8% -6%
Aurora $1,280,888 $1,458,481 $1,144,094 $1,201,830 $1,225,236 $1,360,696 $1,155,487 11% -6%
E Gwillimbury $1,013,350 $895,119 $966,047 $867,833 $1,074,667 $973,263 $764,055 33% 4%
Georgina $524,735 $600,791 $604,838 $548,543 $652,508 $766,273 $548,886 -4% -32%
King $1,887,696 $2,252,933 $1,768,333 $1,529,767 $1,455,423 $1,756,387 $1,283,432 47% 7%
Markham $1,468,221 $1,358,328 $1,319,860 $1,477,487 $1,423,179 $1,580,570 $1,363,887 8% -7%
Newmarket $916,350 $895,191 $901,055 $901,720 $919,855 $990,592 $841,593 9% -7%
Richmond Hill $1,345,898 $1,401,922 $1,466,884 $1,439,065 $1,675,661 $1,584,327 $1,412,443 -5% -15%
Vaughan $1,280,906 $1,392,781 $1,348,649 $1,273,340 $1,333,412 $1,479,774 $1,191,632 7% -13%
Whitchurch Stouffville $928,551 $1,159,545 $1,024,941 $1,096,864 $1,255,011 $1,343,913 $1,048,658 -11% -31%
Ajax $684,011 $696,604 $708,185 $679,180 $752,997 $814,521 $646,370 6% -16%
Brock $432,318 $513,579 $508,615 $734,896 $706,307 $531,986 $419,758 3% -19%
Oshawa $516,459 $516,904 $550,677 $508,039 $530,780 $570,536 $467,981 10% -9%
Pickering $790,733 $869,546 $812,643 $810,351 $897,685 $668,723 $772,399 2% 18%
Scugog $614,678 $594,062 $719,375 $673,489 $675,887 $673,314 $545,804 13% -9%
Uxbridge $1,031,295 $957,221 $792,233 $793,853 $896,281 $931,841 $798,749 29% 11%
Whitby $695,352 $745,222 $733,811 $765,260 $815,993 $804,322 $618,032 13% -14%
Orangeville $538,518 $594,636 $612,974 $566,438 $585,717 $591,279 $490,825 10% -9%
Innisfil $525,685 $541,274 $549,492 $593,208 $575,940 $762,901 $476,756 10% -31%

Stats above courtesy of TREB Market Watch Report

Toronto House Prices — MLS City Districts Home Price Comparison
TREB District City of Toronto Avg Price October Avg Price Sept Avg Price August Average Price April 2016 Avg Price April 2017 Avg Price Mar 2017 Avg Price Feb 2017 Price Change Since Feb 2017
Toronto W01 $1,709,593 $1,652,600 $1,146,500 $1,405,442 $1,506,333 $1,543,961 $1,496,501 14.2%
Toronto W02 $1,273,391 $1,280,867 $1,172,250 $1,331,780 $1,538,546 $1,381,945 $1,269,501 0.3%
Toronto W03 $741,391 $771,142 $692,125 $666,904 $854,316 $829,396 $819,572 -9.5%
Toronto W04 $840,110 $850,621 $846,775 $786,951 $1,024,908 $1,073,531 $1,049,570 -20.0%
Toronto W05 $874,660 $805,031 $823,767 $749,333 $930,876 $1,073,531 $889,235 -1.6%
Toronto W06 $922,286 $992,023 $797,392 $795,840 $974,420 $1,128,584 $966,571 -4.6%
Toronto W07 $1,474,725 $1,277,336 $973,250 $1,112,233 $1,484,406 $1,352,042 $1,437,219 2.6%
Toronto W08 $1,356,671 $1,247,374 $1,161,882 $1,204,013 $1,544,869 $1,610,163 $1,491,329 -9.0%
Toronto W09 $975,778 $922,000 $1,139,211 $839,479 $1,197,627 $1,115,970 $1,019,588 -4.3%
Toronto W10 $688,011 $661,357 $665,268 $613,488 $831,579 $802,909 $758,259 -9.3%
Toronto C01 $1,393,875 $1,430,667 $1,005,000 $1,528,085 $1,646,240 $1,694,333 $2,352,876 -40.8%
Toronto C02 $2,313,611 $2,242,400 $2,242,750 $1,580,181 $2,710,038 $2,170,853 $2,443,750 -5.3%
Toronto C03 $1,880,584 $1,742,200 $1,317,111 $1,761,787 $2,246,734 $2,473,608 $2,747,397 -31.6%
Toronto C04 $2,220,546 $2,212,838 $2,200,398 $2,033,140 $2,583,667 $2,245,813 $2,469,565 -10.1%
Toronto C06 $1,243,727 $1,327,467 $1,445,556 $1,318,750 $1,625,779 $1,811,183 $1,516,558 -18.0%
Toronto C07 $1,741,987 $1,903,632 $1,776,771 $1,657,822 $2,004,585 $2,155,365 $1,922,347 -9.4%
Toronto C08 $814,000 $1,700,000 $1,603,333 $2,100,833 $1,625,000 $1,999,000 -59.3%
Toronto C09 $3,414,450 $2,916,750 $3,500,000 $2,998,401 $3,246,445 $4,481,000 $4,160,891 -17.9%
Toronto C10 $1,807,154 $1,747,079 $1,473,125 $1,864,333 $1,945,104 $1,786,091 $2,146,833 -15.8%
Toronto C11 $1,895,636 $2,137,000 $1,547,000 $1,542,867 $2,275,117 $2,201,462 $2,162,613 -12.3%
Toronto C12 $3,775,636 $5,160,518 $3,910,000 $3,141,244 $3,969,281 $4,420,370 $3,986,692 -5.3%
Toronto C13 $1,520,151 $2,110,709 $1,788,465 $1,926,266 $2,606,111 $2,108,137 $2,204,960 -31.1%
Toronto C14 $2,001,750 $2,249,879 $3,055,823 $1,996,137 $2,554,047 $2,673,112 $2,746,606 -27.1%
Toronto C15 $1,944,667 $1,832,921 $1,602,033 $1,766,219 $2,144,120 $2,108,137 $2,145,518 -9.4%
Toronto E01 $1,135,156 $1,196,542 $1,224,440 $1,164,343 $1,747,894 $1,206,359 $1,221,833 -7.1%
Toronto E02 $1,494,639 $1,625,074 $1,414,357 $1,333,475 $1,458,167 $1,507,090 $1,622,159 -7.9%
Toronto E03 $1,023,487 $1,038,377 $956,448 $947,611 $1,099,537 $1,121,847 $1,134,094 -9.8%
Toronto E04 $768,002 $794,523 $772,883 $717,890 $897,304 $889,018 $928,362 -17.3%
Toronto E05 $1,019,362 $979,800 $995,190 $991,136 $1,249,824 $1,303,892 $1,262,751 -19.3%
Toronto E06 $766,159 $926,615 $841,995 $766,782 $1,051,918 $1,102,286 $940,073 -18.5%
Toronto E07 $897,653 $1,025,444 $922,600 $874,280 $1,164,819 $1,142,611 $1,111,507 -19.2%
Toronto E08 $1,014,526 $852,070 $872,641 $810,560 $1,066,868 $1,092,667 $1,025,958 -1.1%
Toronto E09 $739,871 $690,382 $699,646 $664,378 $855,363 $895,417 $855,064 -13.5%
Toronto E10 $897,856 $944,666 $883,852 $821,126 $1,067,925 $1,069,906 $981,789 -8.5%
Toronto E11 $758,288 $778,100 $780,618 $720,672 $842,414 $851,750 $761,409 -0.4%

If you examine the latest house price trends in the GTA, you’ll see moderation, yet not all TREB districts saw reductions. In some areas, they’re still climbing almost in defiance of any market meddling.

For sellers, the agonizing questions of whether they should sell now, is being solved. They held on to get the highest price and are eager now to unload their property. Some got too greedy and are accepting up to $300k less than last spring’s offers. Timing is everything in real estate.

A lack of housing supply will keep prices up for many years ahead. The Ontario governmet is more concerned with rising rents than it is in encouraging new construction.  Rent contorls are already drying up up the availability of rental properties.

Currently, the condo market is thriving, however once the new construction condos have been sold and occupied, prices overall will climb.




Home Price Index for Toronto vs rest of Canada courtesy of Terranet National Bank housing index.

Toronto Home Prices june 2017

That Old House means so much more to buyers. They have the vision, the dream and they’re willing part with $1.5 million to live the dream. If you’ve got a home to sell right now, you need to hire a Realtor and capitalize on this glorious market opportunity.

The Mindset of Homeowners Who Need to Move on

Realtors need to be more psychologically aware and effective by adopting the mindset and vocabulary of the very people who move on. What words, phrases, images and activities do optimistic home sellers use? Retirees and 45+ people have priorities. Find them and speak their dreams.

And if you’re thinking of selling your Toronto home you need to use that vocabulary too. There is an incredible array of lifestyle opportunities for you. The world has never offered so much for the International home buyer. No homes in Ontario? No problem, beautiful places such as Costa Rica, Belize, Nicaragua, Mexico, Chile, and Dominican Republic await.

Why do people settle for a lesser life than they can have?

When Will Toronto’s Market Crash?

There may not be a crash, but no one is saying that for sure.

The Toronto Housing crisis is one partly of homeowners never dreaming that they get this kind of ROI out of the old house they bought. None of us were trained or educated for this opportunity. The result is too many older people hanging onto their homes, more out of being confused and unprepared to progress with their lives.

If you have a good Toronto Realtor, you really can sell your home at above expectations. Above asking is easy. Don’t even mention above asking, since everyone is using the lowball strategy to create bidding wars. Houses are selling for outrageous prices because Realtors are smart about building big demand from the right people.




Best Return Ever in Toronto

Even with foreign buyers out of the picture, demand for housing is huge in Toronto. From Mississauga, to Newmarket to Vaughan and Oshawa, people crave homes. And single detached homes with yards are the holy grail. So rare, so pleasant and rewarding some will sell their soul to the devil to be a homeowner. You don’t have to sell the joy of ownership theme to them.

So what are you doing right now to move forward and capitalize on the “Best Investment Return ever?” It’s not too late. I hope you’re contacting a good Realtor right now and beginning the selling preparation process.

Don’t sell your house in 3 days. Take your time and sell it for $75,000 more. It’s your hard earned investment and you deserve the best. Always think highly of yourself. Your Realtor will have lots of ideas about how to make the buyers very happy and contented. The improvements on your home for instance will add value and carry them forward.

I’ve written a variety of posts on selling your house, how now is the time to sell your house, and about retiring pleasantly in Central America. Time to travel, time to really enjoy life away from the city, and your time to celebrate your life. Sell that home!

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Zillow Homes for Sale | Los Angeles San Francisco Miami Houston Phoenix

Zillow Homes for Sale

Zillow is making quite a stir in the real estate sales sector in 2017. Pundits are awarding its success to things like Big Data or company culture, but the real reason may be technology and Realtor’s frustration with NAR and the MLS. I’ve written a post on Zillow and its leads generation program. Have a look if you’re an agent.

Zillow Group (NASDAQ) is actually made up of 7 brands serving conumers including internet-based real estate and rental marketplaces. Zillow is growing fast, grabbing a good share of mobile phone searches. With almost 2000 employees today, and the 48th most visited website in the US, Zillow Group has come a long way in a short time becoming a force in the US housing market.




But it hasn’t been without controversy. They’ve drawn criticism from MLS associations and by others for selling home buyers personal information, for not protecting consumers from dishonest sellers/advertisers, and for their advertising practices in general. As a home seller, you may like that you have Zillow to help you reach more buyers. As a Realtor wanting to leverage the Zillow search and advertising system, you may like the potential visibility but not like the home buyer interaction results.

In 2017, Zillow is now to Real Estate what Uber is to a taxi driver

Real Estate Marketing | Real Estate SEO | Real Estate Web Design | Los Angeles SEO | Real Estate Investing | Toronto SEO | Mobile Local SEO |  Real Estate | SEO Company




Zillow Home Search Los Angeles

Take their home search for a test drive, using a search for Los Angeles Homes. The video walkthroughs are a unique feature you might like.  Have you used Zillow to search for homes for sale before? How did you like it? Was the Zillow Zestimate tool helpful to you? Do a Zillow homes for sale in Los Angeles now.

And how about searching the San Francisco market for homes? Do a home search in San Francisco now.


Zillow’s Technology is Worth Talking About

The upstart company’s zealous enthusiasm for growing marketshare and online services delivery, and making home and mortgage searches more enjoyable for home buyers might be factors that aren’t discussed enough. The company has invested big time in marketing and advertising and in doing things NAR and realtor.com won’t.

If you’re a Realtor, have you used Zillow Leads generation program called Zillow Premier? Does it compare well to other lead generation services? Is Zillow’s success suggest that Real Estate sales is being Uberized?

You can read all about Zillow’s update to its Premier Agent platform at Inman.




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When Should I Sell My Home?

Should I Sell My House to Avoid the Coming Market Crash?

Timing is everything. Buy low, sell high and right now, the housing market is high. But the question a lot of homeowners are asking is “When will the real estate market crash?”

The Toronto housing market does have all the earmarks of a soon to crash market. And we know from viewing the historic charts that Toronto doesn’t recover well from these events. After the big crash or burst bubble event, housing prices stayed low.

Selling with experts means you may get an over asking price which is still common now.

Yet, today’s market is fed by International money — buyers from China, Russia, and the Middle East. And they can’t buy in the US because of wicked prices there.  So they’re coming here where their kids can get a first rate education and get citizenship in Canada. They definitely see a home as an investment and their money will continue to fuel the Toronto market.




So the “should I sell my home question” doesn’t have a certain answer, but the time is coming soon. The Toronto real estate market crash could happen late this year or may not happen for several years yet. We’ve all been expecting a Toronto market collapse for some time now, but it just hasn’t happened. We haven’t been finding and examining the real underlying factors.

Looking at the price charts alone isn’t sufficient. First we’ve just come away from the worst financial and housing recession ever in the US, and now the US is getting its financial act together. That fuels strength for a long time.

Screen Capture courtesy of Toronto Real Estate Board

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Why Wait for the Last Minute to Sell?

Quite a few homeowners are selling already and choosing to rent. Yet, finding a rental in the GTA for a decent price is very difficult. There is a rental crisis going on right now too. If you can find a rental, it’s a good time to sell your home.

The more sensible choice is to sell and move to parts of Florida, Costa Rica, Belize, Panama, or even Nicaragua. The cost of living is way less and you can get a lot for your $800,000 plus investment. You can rent an apartment in the Dominican Republic for $1000 month and live very well too. The health benefits of moving are something to consider.

Should you sell your house so you can travel? This could be your travel time, before you’re too old to travel.

Should you sell your home because your neighborhood isn’t what it used to be? All neighborhoods deteriorate over time.

Should you sell to move closer to your kids? Prices are really low across Canada.

 

 




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