What is going to happen to the Real estate market ? Will it continue to  boom or crash ?  This is the most asked question to an experienced realtor like myself.   There is no simple answer . I will try to look at fundamentals and rising risks in the market in this article.   There has been number of  reasons for boom in real estate in  GTA and most of Canada for the past 25 years, such as low interest rates, net immigration into Canada,  low unemployment... [read more]

In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]