Greg Secko Real Estate - Ideas for you

08/13/2025

Affordable and Port Credit in the same sentence.
Have a look at this 3+1 BR along with 4 washrooms
!!! Special attention !!! Current owners of a Condo....say good-bye to maintenance fees as this is Freehold and Detached! 2500sf + of living space.
Simply good!

02/27/2025

Is this the lowest level of USA home sales? USA January pending home sales fell to lowest level in 24 years.

GDP expected to pull back as the US government is to shed spending, reduce their employees…normally the consumer and government are what drive growth in GDP.

As a result expected spending slowdown in the USA should cause housing prices to
Drop here. This is ok news if you are planning to move into a more expensive home as the price differential could drop from current levels.

Supporting lower home prices are the increased amounts of inventory of homes available for sale.

Seems like a scary time to move? There have be sales made this year on condition of buyer selling their current home.

Many will say if you wait for the perfect moment you may wait forever.

02/12/2025

Quick update on home purchasing projections for this year. Toronto area unit home sales to +12% this year. The forecast price increase for a property is less than 1%. Increased available homes for sale make for a more attractive negotiating market for buyers.

10/21/2023

06/21/2023

Here is an idea on Return on Investment for reno's prior to selling. Not sure how you calculate it.
In a nut shell they are saying - 3/4 things that you can do prior to sale that return your full reno investment back 100% or more have to do with: Curb appeal - new front door, garage door, adding some cement board or stone veneer.

As you know if you go big on the reno prior to a sale, you may end up at the timeline mercy of materials being shipped or a busy contractors schedule. Keep it simple if you want to move.

The top home projects promising the greatest returns in resale value are not the ones you would expect.

04/02/2023

https://www.thestar.com/local-brampton/news/2023/03/30/here-s-how-much-home-and-condo-prices-have-dropped-in-33-gta-cities-and-towns-since-peaking-a-year-ago.html

Breakdown of Detached/Semi's/Condos. Condos in Toronto core have been performing the best in past year with a - 8.8%.

Real estate prices have fallen dramatically over the past 12 months in Toronto and the many cities and towns surrounding it.

01/21/2023

Prime video….check your billing history on the website…I noticed for 2 years have been paying for some other streaming channels that must have hooked us on a free trial.

Just canceled 3 services to tune of over $350/yr.

12/10/2022

10/08/2022

Fine! Kyle we will think about replacing these skates. Hehehe. Wow! He really wore them out.

03/07/2022

Sheridan Homelands fully renovated townhouse with 3 br 3 bath, garage & long driveway. Even a sweet deck to BBQ. Parks, tennis, swimming all a block away. GoTrain a 5 minute drive. Costco 5 minutes.

#12 -2445 HOMELANDS DR, Mississauga, Ontario L5K2C6

10/25/2021

Real estate forecast for Canada and your province in 2020. It is tough to forecast but the peak sales unit level was in the Spring of 2021. The expectation for Canada is that 2022 sees unit sales -12.1% versus 2021. Ontario is expected to be down 15%+.

Prices is what we really care about, Nationally, the 2022 average is expected up 5.6% and in Ontario +9%+.

Crea provides these forecasts.

Quarterly Forecasts Sales have calmed from earlier in 2021 but tight supply conditions are expected to continue to drive prices higher

10/22/2021

Saul Rosenthal is an investor that had individual returns averaging 32%/year from 1989-2007. That is about 2300x's your money over 28 yrs.

When asked:
If you could give your 25-year-old self one nugget of investing advice, what would it be?

His response:
Start investing seriously now. Even if you put away a small amount each year, if your investing is successful, those years of compounding will really add up.

2300 x $1000 = $2.3 million

A link to a short interview with him https://chrisreining.com/saul-rosentha

I started hearing about Saul Rosenthal through my subscription to Motley Fool Stock Advisor. People started saying if this stock or that stock was a "Saul stock" and I said to myself, "Who's this Saul guy?" And then I learned he created his own discussion board at the Motley Fool - Saul's Investmen...