THRER ARE 3 AREAS TO CONSIDER WHEN DECIDING ABOUT RENTING OR OWNING A CONDO 1. The principle of Owning Real Estate Real estate has proven, time and time again, to be a wealth-building vehicle in any market. Regardless of where the market is in its cycle, real estate investors have a myriad of options to make money at their disposal. Whether you choose to invest passively or as a hands-on rehabber, real estate can simultaneously generate a lucrative income and significant tax... [read more]

As we are approaching to the third quarter in 2021, I think it is a good time to share some market information with you.    In July 2021 homes in the City of Kingston sold, on average, for 105.3% of their asking price! There were a total of 205 new listings and a total of 194 homes sold. The average sale price in the City of Kingston in July is $575,468 [1].    Next I would like to share some more in-depth data for... [read more]

5 Factors That Reveal Where The Real Estate Market Is Really Headed In a July release, the Canadian Real Estate Association reported that home sales had fallen for three months in a row after reaching an all-time high in March.1 So could one of the world’s hottest real estate markets finally be headed for a downturn? We wouldn’t bet on it. That’s because even though sales have slowed, it was still the strongest June on record—and 13% higher than last... [read more]

How to Bridge the Appraisal Gap in Today’s Real Estate Market If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs, the appraisal process is receiving more attention than ever. That’s because, in a rapidly appreciating market, a property is more... [read more]