Homeward Bound Newsletter September 2020

By: Sushma Khinvasara

Homeward Bound Newsletter September 2020

Tags: SUSHMA KHINVASARA, SUSHMA HOME SELLING TEAM, WORTHY CAUSE, CHARITY DONATION

YADILOH SDRAWKCAB EHT…LABOUR DAY! In case you are not sure of the title… it's Labour Day. The Backwards Holiday. Every year when it rolls around, I wonder why it is named Labour Day. Since it’s a Holiday intended to be just that, a Holiday – I would think a better name may be Relax Day or Lazy Day or Off Day or Sleep in Day, maybe even Do-Nothing Day, something oth...Read More

Growing interest in Suburbs due to Work from Home Policies

By: Sushma Khinvasara

Growing interest in Suburbs due to Work from Home Policies

Tags: suburb area suburban neighborhood suburbs home suburban toronto CANADA HOUSING NEWS THE SUSHMA HOMESELLING TEAM

Before the pandemic, many homebuyers prefer living in downtown areas for work reasons and to save time on daily commute. However, the pandemic brought changes to life and working conditions. As more companies now offer work from home option for their employees, many employees are now reconsidering their city lifestyle and move to a less crowded and bigger space in suburban neighbourhoods.   ...Read More

How is the Housing Market doing in 2020?

By: Sushma Khinvasara

How is the Housing Market doing in 2020?

Tags: canada housing news housing market news canada average house price in canada canada real estate prices interest rates today new mortgage rules cmhc rules

From the onset of pandemic in mid-March to easing restrictions on public safety in July, a lot of things have been happening in the housing market of Toronto and Canada in general. In our previous blog, we talked about how the Toronto housing market started off with a great start for the year but went on a significant decline in home sales and listings during the peak of coronavirus pandemic wher...Read More

July Sales set a new high record in Toronto Real Estate

By: Sushma Khinvasara

July Sales set a new high record in Toronto Real Estate

Tags: TORONTO HOUSING MARKET 2020 TORONTO HOUSING MARKET LATEST NEWS TORONTO REAL ESTATE PRICE HISTORY CHART TORONTO REAL ESTATE MARKET COVID

Since May, there has been a gradual recovery in the Toronto housing market. July however, sets a new record high as more homes are being sold and new listings are being added to the market in a fast rate. In fact, the July 2020 home sales is the highest level in history and the new listings also hit the highest record for the month of July according to CREA. This is surely a big difference from ...Read More

What is Final Closing in a Preconstruction condo?

By: Sushma Khinvasara

What is Final Closing in a Preconstruction condo?

Tags: preconstruction closing, PRECONSTRUCTION INTERIM OCCUPANCY, BUYING A PRECONSTRUCTION CONDO, HOW TO BUY PRECONSTRUCTION CONDO, PRECONSTRUCTION CONDO, MISSISSAUGA PRECONSTRUCTION, TORONTO PRECONSTRUCTION, PRECONSTRUCTION CONDOMINIUMS, THE SUSHMA HOMESELLING TEAM, SUSHMAKHINVASARA

There are many important steps involved in purchasing preconstruction. In our previous articles, we talked about the things to expect when buying preconstruction and also details about interim occupancy. In this article, we will help you through the last and critical step in the buying process which is what we call the Final Closing.   What is the Final Closing and what happens during this ...Read More

What is Interim Occupancy for New Condos?

By: Sushma Khinvasara

What is Interim Occupancy for New Condos?

Tags: preconstruction interim occupancy, BUYING A PRECONSTRUCTION CONDO, HOW TO BUY PRECONSTRUCTION CONDO, PRECONSTRUCTION CONDO, MISSISSAUGA PRECONSTRUCTION, TORONTO PRECONSTRUCTION, PRECONSTRUCTION CONDOMINIUMS, THE SUSHMA HOMESELLING TEAM, SUSHMAKHINVASARA

When you buy a condo unit at pre-construction stage, you have to wait for some time for your unit and some parts of the building to finish and get ready for occupancy. After waiting, receiving the keys to your brand new home will certainly be very exciting! Before you move in to your new condo unit, here are important things you should know about interim occupancy. What is interim occupancy and ...Read More

What to expect after signing a preconstruction condo purchase agreement?

By: Sushma Khinvasara

What to expect after signing a preconstruction condo purchase agreement?

Tags: BUYING A PRECONSTRUCTION CONDO, HOW TO BUY PRECONSTRUCTION CONDO, BUY PRECONSTRUCTION, PRECONSTRUCTION CONDO, MISSISSAUGA PRECONSTRUCTION, TORONTO PRECONSTRUCTION, PRECONSTRUCTION CONDOMINIUMS, THE SUSHMA HOMESELLING TEAM, SUSHMAKHINVASARA

Buying condo unit at pre-construction stage is different from buying a resale home. After you sign the agreement with builder and pay the initial deposit, the ball starts rolling from there on. In a short period of time after booking your unit many things happen. Doing some groundwork ahead of time will certainly help. Also note-worthy, in Ontario there is a mandatory 10-day cooling off period wh...Read More

Mississauga’s Pre construction Condo Releases in 2020

By: Sushma Khinvasara

Mississauga’s Pre construction Condo Releases in 2020

Tags: mississauga pre construction,pre construction condos mississauga,canopy towers,square one district,artform condo,brightwater condo,port credit condos,cooksville condos

Mississauga’s pre-construction market had a slow start this year after a silent spring season. This is in keeping with other areas in the Greater Toronto area which also have seen a delayed start due to pandemic situation.   But this belated start to the pre-construction season in Mississauga will see many of the builder’s launches this summer. Here are a few of them. ...Read More

What is Happening to the Housing Market in Toronto?

By: Sushma Khinvasara

What is Happening to the Housing Market in Toronto?

Tags: toronto housing market 2020 toronto housing market latest news toronto real estate price history chart toronto real estate market covid

For the first two months of this year, the Toronto housing market showed signs that it would continue to grow as the spring season approaches when the home-buying activities are usually at its peak. However, unexpected circumstances brought by coronavirus in mid-March caused momentous changes in the housing market. From March to May, home sales went on a decline due to public health and economic...Read More

Homeward Bound Newsletter August 2020

By: Sushma Khinvasara

Homeward Bound Newsletter August 2020

Tags: SUSHMA KHINVASARA, SUSHMA HOME SELLING TEAM, WORTHY CAUSE, CHARITY DONATION

Boy...it's Hot! and not just outside. You do not have to be a weather person to predict the weather this time of year. We all know… it is the hottest time of the year. But that is not all that’s hot. The economy is red hot too. By all measures the best economy in 20 years or so. This is GOOD for most reading this, but there will be some exceptions. There always are. An example c...Read More

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