10/18/2023
Over the past few years, I have finally taught myself to keep a list of things that I plan for every day and for the week ahead. It's easier for me to organize myself and not procrastinate that way:))✔️
But somehow the list of things on my to-do-list never needed… (I would check off one thing and add three more😅). I often wished that one day this list would end and I would be completely free from all things))
And, how one once said - be afraid of your wishes, they have the tendency to to come true🙈😅
The Toronto real estate market (and l'm talking mostly about the “up-north market - Vaughan, Richmond Hill, Barrie, Innisfil - where I work most of the time) is slow and tough right now.
Due to high interest rates on loans and mortgages, few people can afford to buy real estate at the moment. Homes are sitting on the market for longer periods of time and many sellers are forced to lower prices, sometimes even when they are loosing money.
Although, for buyers who have a large down payment amount or who are buying with cash - this slower market is a great opportunity to negotiate the best possible price. It’s a 100% Buyer’s Market right now.
Has the global economic situation affected any of your businesses as much as it has affected real estate market?
Elena Lvova