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How can young adults approach their parents for down payment assistance in Toronto’s challenging real estate market? Mikayla Thompson shares her experience saving while living with her parents. We talk about strategies like co-signing and contributing to down payments, the importance of planning, and the benefits of homeownership over renting.
Click here for your downloadable guide to help with approaching parents for financial support in buying a first home: https://broadviewavenue.ca/family-support-for-fthb
Reach out to Mikayla at: https://www.instagram.com/mikaylathompson.ca
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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With the dropping mortgage rates and new CMHC rules, is now the right time to buy or sell? Join us we get into the latest stats for September 2024 and break down what this all means to potential home buyers and sellers.
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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Wouldn’t it be ideal to earn huge returns in real estate with minimal money down? During the golden days of the past two decades, when interest rates were cheap, that was possible. You could buy almost any asset—not just real estate—and watch it soar, thanks to real negative interest rates (where borrowing costs were lower than inflation). However, those easy money days are over.
In today’s market, going all-in beats limping in when buying real estate. Join us as we explore why a solid deposit, despite the new CMHC mortgage insurance rules, is more crucial than ever for your property investment success.
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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The tenant screening process is crucial in avoiding future problems. Join me as I chat with Weiting Bollu of Openroom.ca, to discuss her platform that helps small landlords and great tenants navigate the rental market more effectively, contributing to a more connected and transparent ecosystem. Open Room allows users to search for tribunal decisions related to tenants or landlords, providing timely and crowdsourced data that might not be available through other sources like CanLii.
You must make this a critical part of your tenant/landlord screening (and reporting)! Visit www.openroom.ca.
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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Why have prices only seen a modest decline in the Greater Toronto Area, despite soaring inventory and sluggish sales? What happens to condos when they get really old? Will they crumble and be insolvent? What happens if I can't close on my preconstruction purchase? Should I sell first or buy first?
Let's analyze the latest data on price changes, sales volume, and inventory levels from August 2024, and how the recent rate cuts by the Bank of Canada and rising unemployment impact the housing market.
Don't mind all the jump cuts in this video, there was a lot of "umms" and "ahhs" -- I was tired when filming this.
Q&A
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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The burning question on everyone’s mind: When will real estate prices in Toronto finally drop? With interest rates at restrictive levels, an economy teetering on recession, and growing concerns about a potential real estate crash, we analyze the current state of the Toronto housing market.
Let’s walk through the critical factors influencing the market right now. We’ll examine key metrics like the sales-to-new-listings ratio, months of inventory, and the impact of rising interest rates. Whether you’re a seasoned investor, a first-time buyer, or simply curious about the market, this episode offers valuable insights that could help you navigate these turbulent times.
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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Join us as we explore the vibrant and diverse neighbourhoods of Toronto. With over 150 unique areas, Toronto offers something for everyone, whether you're an investor, a new resident, or looking for the perfect place to raise your family.
In this episode, we dive into:
The historic charm of the Distillery District and St. Lawrence with their stunning architecture and bustling community events.
The upscale experience and allure of Yorkville, from high-end shops and gourmet restaurants to cozy cafes.
The family-friendly vibe of Dundas West, known for its diverse cultural experiences and tight-knit community.
The perfect blend of family living and access to trendy areas like Queen West and King West in Roncesvalles.
The artsy neighbourhood of Leslieville that's rapidly developing with new shops and exciting events.
The value and convenience of Scarborough, particularly Birch Cliff and Scarborough Town Centre, with their great amenities and diverse food options.
Toronto is a city like no other, with each neighbourhood offering its own unique charm and appeal. Whether you love historic districts, upscale shopping, family-friendly communities, or vibrant cultural scenes, there's a place for you here.
Don't forget to like, subscribe, and leave your comments below about your favourite Toronto neighbourhoods. Join us next week for more insightful discussions on Broadview Table Talks!
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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Are you worried about the state of your home equity in today's unpredictable real estate market? With landlords exiting the condo market, a high number of new listings, and shifting buyer demand, it's crucial to stay informed. Check out this episode to arm yourself with the knowledge you need to make the best real estate decisions.
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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The Toronto real estate market has nearly ground to a halt. The challenges of selling in a sluggish market will likely lead to future implications of a potential housing crisis.
So let’s talk about the stagnant condo market and its impact on overall sales, the hurdles faced by first-time homebuyers and trade-up buyers, the shift from investors to end-users and what it means for the market, future predictions on housing supply and demand, and practical advice for navigating today's market conditions.
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
The Toronto real estate market has nearly ground to a halt. The challenges of selling in a sluggish market will likely lead to future implications of a potential housing crisis.
So let’s talk about the stagnant condo market and its impact on overall sales, the hurdles faced by first-time homebuyers and trade-up buyers, the shift from investors to end-users and what it means for the market, future predictions on housing supply and demand, and practical advice for navigating today's market conditions.
Watch this podcast on YouTube:
Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
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