Saje Vijayakumar Real Estate Team

11/23/2024

My buyer just purchased a brand new 4 bedroom freehold townhouse in Pickering for the low 800s and doesn’t have to start paying a mortgage until 2026. He was so excited that his friend also went ahead and got one as well. This project had over 100 interested buyers with only 35 available units for phase 1 pricing. But I was able to assist both my buyers to get their first choice. My thought to you, work with a realtor that has relationships.

I have stayed away from pre-construction over the last few years and did not stand behind it for my clients from a value perspective because you can get a resale home for a fraction of the price. Now there are some aggressively priced builders that compare to market and offer great values to buyers.

11/05/2024

Another Sold in Brampton!

How do we continue to outperform the average sales in the market?

• Mass Advertising and Targeted Facebook Ads
• Putting your Property Just on The MLS is not enough anymore, get your property the most exposure to get the highest price

Call or text 647-640-9452 for a no obligation home evaluation or tips to sell your home for more!

11/05/2024

Overview:
• Policy Shift: Canada’s federal government announced substantial cuts to immigration targets to narrow the housing supply gap.
• Population Impact: Projected population decrease of 0.4% by 2026, with slow growth resuming from 2027.
• Household Formation: Estimated to decrease by 46% over the next three years, easing demand for new housing units.

Immediate Effects:
• Rental Market: Expected cooling, especially near universities. Vacancy rate increases could lower rents. • Construction Pressure: Reduced demand could help match current homebuilding capacities, averaging 150,000 new households annually, against recent construction trends of 225,000 units.

Challenges:
• Long-Term Affordability: Not enough to fully address affordability issues. Construction costs and limited affordability persist.
• Ownership Prices: No significant price declines anticipated; softer demand may keep prices steady.

Future Trends:
• Interest Rates: Rate cuts expected to boost homebuyer activity, slightly lifting housing demand post-policy shift.
• Gradual Recovery: New immigrants from the past decade may gradually enter the ownership market as economic conditions improve.

10/22/2024

Here’s a market update for you. Not sure what the trend of the market and interest rate means for you as a buyer or seller. Here are some insights on what this all means for you.

Call or text 647-640-9452 for more information

10/08/2024

10/03/2024

Buy This Home We'll Buy Yours*
LISTED: 201 Southlawn Ave
Oshawa [Lakeview]
FOR SALE: $699,999

This is a Beautiful Two Bedroom Bungalow (Originally a 3 Bedroom) on a 52 wide ravine lot. This home comes with a fully finished In-Law Suite in the basement which has its own Separate Entrance. The main floor is open concept and completely renovated with modern finishes throughout. There is a large skylight right in the centre of the home letting in lots of natural light. The kitchen is bright and spacious and includes custom white cabinetry, quartz counters, stainless steel appliances, breakfast bar, upgraded lighting and a large window overlooking the backyard. The basement is fully finished with 2 bedrooms, a second kitchen combined with living room and a 3-Piece Washroom. Use it as an In-Law suite or potentially rent it out separately for additional income. Oversized Garage/Workshop W/220v Outlet. Located in a safe, vibrant, neighbourhood with many amenities - Close To Schools, Beach, Park, Waterfront Trails, 401 & GO Station.

Call or Text (647) 640-9452 For more information or a private viewing!

10/02/2024

Some tips for all homeowners to make life easier.

Saje Vijayakumar Real Estate - Your Home Sold Guaranteed or We'll Buy it*. Call or text at (647) 640-9452

10/01/2024

Market Update Highlights:
(1) Prices continue to stay stable even with an influx or sellers entering the market, indicating sellers aren't willing to let go of their properties unless prices start coming up.
(2) Expected interest rate decrease of 0.5%

Saje Vijayakumar Real Estate - Your Home Sold Guaranteed or We'll Buy it*. Call or text at (647) 640-9452