Michael Skrobacky Real Estate

02/11/2022

Excited to share my latest listing.
Contact me for more info or to schedule a showing

Always here to help with your needs in real estate

16 GLENOAKS CRT, Vaughan, Ontario L4J6N7

08/22/2017

While amortization allowances for 1st time buyers may help affordability, would it make enough of a difference? That and more in this article analyzing the changes made to mortgage rules last year. https://tgam.ca/2iokQvy

The Finance Minister ruled out any new measures, expressing concern that such an approach would encourage higher prices

04/19/2017

Some details on yesterday's meeting and what may come (or not) of it https://tgam.ca/2pC7nTe

Bill Morneau says Ottawa will help the province improve housing affordability in a number of ways

04/06/2017

April Showers bring May Flowers... or something like that. Here's the latest from TREB as Spring Market Stats are in for March

Treb has http://www.trebhome.com/market_news/release_market_updates/news2017/nr_market_watch_0317.htm

-- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in March 2017. This result represented a 17.7 per cent increase compared to the 10,260 sales reported in March 2016. For the TREB market ar...

02/24/2017

https://tgam.ca/2lB0r4a Agree / disagree, the author highlights some issues worth discussing

You would have thought the worldwide attention Vancouver received might have served as a cautionary tale

01/04/2017

Its not just the Canadian government implementing new procedures that could impact Toronto's housing market. https://tgam.ca/2hQr2GW

Change will ‘shrink dramatically’ the number of home sales to Chinese buyers, economist says

11/25/2016

Obviously!, The risks and signs have been evident for years and yet prices have continually been increasing. Low mortgage rates have fueled the market and when they begin to rise is when you'll see things start to change. Government interventions over the last year (adjusting mortgage insurance thresholds, new qualifying rules, Increasing land transfer credits for 1st time buyers) are aiming to prevent serious shocks when those changes do come but its important to stay informed and be prepared. https://tgam.ca/2g87mPv

In a speech, CMHC chief executive Evan Siddall calls Ottawa’s recent efforts an ‘initial step’

10/17/2016

The stat at the bottom of this article was particularly interesting. Curious to see the monthly year over year changes in Ontario after the new mortgage rules come into play. http://bit.ly/2dVrap4

Agency warning about a strong risk of problems on the horizon

07/28/2016

I DO NOT feel this is imminent, or even likely, but this article presents a few of the ripple effects of a possible downturn in the Real Estate market and is worth a read. http://bit.ly/2aq7km9

The warnings of an out-of-control housing market keep coming. Here's what a real estate collapse might look like in Canada.

01/25/2016

The headline may be misleading but the chart at the bottom of this article illustrates pricing patterns in this country. Toronto and Vancouver are experiencing very different circumstances than Edmonton and Calgary which makes it difficult to paint the Canadian housing market with one brush http://bit.ly/1UmFzbh

Prices are falling in one group of cities yet continue to post blistering gains elsewhere. 'The real estate correction is already happening – just not where most expected.'

01/21/2016

I'm not sure I buy it, and i encourage you to do your own research, but even at 4% growth you'd still be making more via Real Estate than many other options available to you.
http://on.thestar.com/1RBBhP5

01/05/2016

What kind of changes do you forsee? Feel free to comment/share your thoughts on this article? http://on.thestar.com/1SslQYU