By: Miguel Fernandez Morales LLB, MBA

Big Ego: Is your agent’s causing you to lose 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, REAL ESTATE ADVISORS

 By Miguel Fernandez A few days ago, I was talking to some of my fellow real estate agents about how they sometimes allow other agents to advertise their listings, to take advantage of everybody else’s advertising efforts to promote the house that they are selling and get more potential buyers for the property. For me it makes total sense, and it is a way to help your clients sell for ...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market May 2021

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

Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. GTA REALTORS® reported 13,663 sales through TRREB’s MLS&re...Read More

By: Miguel Fernandez Morales LLB, MBA

Is the Real Estate Market Shifting?

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 The real estate market is very volatile, and now we have a taste of that. I remember when 2021 started, real estate prices were on the rise mostly due to the lack of inventory. I have always said that once homeowners realize how much money they could get for their homes, they were going to start putting their homes on the market. Inventory increases as groups of investors cash ...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate MarketWatch April 2021

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

For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy. GTA REALTORS® reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were strong, it is important to remember that for the secon...Read More

By: Miguel Fernandez Morales LLB, MBA

Why some agents don't have their direct number in your MLS listing

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

Why some agents don’t have their direct numbers on their MLS listings   In my book, Real Estate Secrets (available in Amazon), I talked about those listing agents that are extremely hard to reach when they have a property for sale, and they don’t even have their cell phone numbers in their MLS listings; therefore, they are not doing what their sellers hired them to do, that is to ...Read More

By: Miguel Fernandez Morales LLB, MBA

Is a housing market crash even thinkable?

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

Is a housing market crash even thinkable, given the recovery is so near?   February’s jump in home sales makes us wonder how many homes will come onto the market as prices peak above record highs.  Supply won’t meet demand however as the economic recovery takes hold by July.  With the pandemic migration still on, we’ll see big increases in sales and prices in Richm...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market March 2021

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

Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs surrounding the City of Toronto. ...Read More

By: Miguel Fernandez Morales LLB, MBA

What you should know if you are buying a property?

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 As you may know, I own a real estate brokerage and one of the biggest complaints I hear from agents in this market is that they have to present so many offers just to win one bidding war. Sometimes, they don’t even win any properties at all for their clients. I spoke to another agent at a showing not too long ago and he told me that he had presented 16 offers for his clie...Read More

By: Miguel Fernandez Morales LLB, MBA

Should I hire a cheap Agent in Seller's Market?

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 Some home sellers might think that since the seller’s market is hot, they don’t need to hire a real estate agent to sell their house because it will sell pretty easily on its own. And you know what? They are completely right. In this market, almost any house will sell easily, but will it be for the highest price possible? Probably not.   The same logic applies...Read More

By: Miguel Fernandez Morales LLB, MBA

Real Estate Market Strong Start in in 2021

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 real estate started the new year strong, with the latest figures from the Toronto Regional Real Estate Board (TRREB) for January 2021 indicating that sales grew 50% year-over-year (y-o-y) across the region, with 6,928 homes changing hands. New listings grew 20% annually, with 9,430 new homes added to the market in January. As such, the housing market in the Toronto Region was fai...Read More