By: Miguel Fernandez Morales LLB, MBA

Real Estate Market September 2020

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

After a busy July, real estate activity in the Greater Toronto Area broke yet another record in August for monthly home sales. Recently released data from the Toronto Regional Real Estate Board (TRREB) for August revealed that home sales reached 10,775, a staggering increase of 40% from last year. The average home price jumped 20%, or $158,793, to $951,404, also setting a new record...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market August 2020

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

  Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July 2020 – a 29.5 per cent increase over July 2019 and a new record for the month of July. On a preliminary seasonally adjusted basis, sales were up by 49.5 per cent compared to June 2020. Year-over-year sales growth...Read More

By: Miguel Fernandez Morales LLB, MBA

Bad Marketing Cost Sellers $50,000

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

By Miguel Fernandez  We usually talk about how important the Negotiation and Marketing skills of your real estate agent are. Those skills are amongst the top qualities you should look for when hiring a realtor as they are not taught in the provincial real estate courses. A few days ago, I was house-hunting on behalf of my clients who were looking for a 5-bedroom property. We found a very nice...Read More

By: Miguel Fernandez Morales LLB, MBA

Popular Agent abandon their clients.

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

 By Miguel Fernandez A few weeks ago I received a call from a customer who signed up for my list of properties. She told me that she was desperate because she had sold her house with a popular agent in her area, before buying; and now the same agent was not helping her to find a new home and she needed to move before July 31. They were not very happy with their Agent when they were selling th...Read More

By: Miguel Fernandez Morales LLB, MBA

Toronto Prices Going Up Again

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

The Toronto Region housing market recovered considerably in June following a significant slowdown due to COVID-19. As cases started to decline across the province and the economy began to open up, more buyers and sellers jumped off the sidelines and returned to the market, kickstarting sales recovery. Similarly, average home prices continued on a steady upward trajectory, lapping February 2020 lev...Read More

By: Miguel Fernandez Morales LLB, MBA

If you are looking for COVID discount on your next property, stay away from Toronto

Tags: MIGUEL FERNANDEZ, MARKET INFORMATION, TREB MARKETWATCH REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR, REAL ESTATE ADVISORS

Taken from Toronto Storeys We’re in the middle of a pandemic. Unemployment is at an all-time high. Millions of people are without a job. And the Toronto real estate market couldn’t care less. If you’re looking for a COVID-discount on your next property, you better not be searching here – ’cause you won’t find it. What you will find, just weeks removed from ...Read More

By: Miguel Fernandez Morales LLB, MBA

Why Buying Direct from the Listing Agent does not save you money

Tags: MIGUEL FERNANDEZ, Market InfoRmation, TREB Marketwatch rEAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOr

 Why buying direct from the listing Agent does not save you money By Miguel Fernandez   A common misconception among buyers is believing that you will save money if you buy a home directly from the listing agent instead of having your own agent help you with the purchase. I will give you some reasons why you will be better off having your own real estate professional on your side: The...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market Update June 2020

Tags: MIGUEL FERNANDEZ, Market InfoRmation, TREB Marketwatch rEAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOr

 As home buyers, sellers and the real estate industry at-large adjust to new market conditions and health and safety measures under the COVID-19 emergency, new data from the Toronto Regional Real Estate Board (TRREB) for May shows that sales activity improved substantially across the region since the previous month. Sales across the Toronto Region increased 55% month-over-month (m-o-m) in May...Read More

By: Miguel Fernandez Morales LLB, MBA

Warning! The risk of hiring an inexperienced realtor is now 93%

Tags: MIGUEL FERNANDEZ, Market InfoRmation, TREB Marketwatch rEAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOr

By Miguel Fernandez We have now the stats for how many transactions every agent closed in 2019 and I want to share it with you. 2019 was a normal year and only 7% of all real estate agents closed more than 10 transactions last year. I am sure the numbers are different now with COVID-19 reducing over 60% of the industry’s total sales, but what does this mean for you? Real estate is the type o...Read More

By: Miguel Fernandez Morales LLB, MBA

Sales Down 67% in April , but did prices drop?

Tags: MIGUEL FERNANDEZ, Market InfoRmation, TREB Marketwatch rEAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH SPEAKING AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOr

Toronto Area Average Home Price Unchanged at $821,392 in April, Sales Down 67% With provincial and public health safety measures in full effect, COVID-19 expectedly slowed down housing market activity across the Toronto Region this April. Home sales across the region declined 67 per cent, with 2,975 residential transactions taking place throughout the month, according to the latest report from the...Read More