This conversation discusses the current state of the Toronto Real Estate Market, specifically focusing on the condo segment. The hosts analyze data on active listings and average condo prices over the past five years, highlighting the increase in condo supply on the market. They also explore the factors contributing to the resilience of condo prices, such as stress testing for buyers and the absence of forced sellers.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

In this insightful conversation (and likely 100% divisive with our audience), Ralph Fox and Kori Marin jump into the nuances of Toronto’s Real Estate Market, offering a comprehensive analysis grounded in a short-term historical perspective. They explore the complex interplay between interest rates and market dynamics, shedding light on how these factors have influenced prices and activity levels across different property types, including detached homes, semi-detached homes, and condos. Contrary to the fear and uncertainty often depicted in the media, Fox and Marin underscore the market's resilience, pointing to substantial price appreciation over the years as evidence of its strength. They also examine the potential for recovery in the current landscape, offering measured and conservative growth projections for each property category. Throughout the discussion, they emphasize the importance of maintaining a long-term view, advocating for property owners to hold onto their assets and weather market fluctuations as a strategy for enduring success!

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

This conversation delves into the significant risks and challenges that landlords in Toronto face, with a particular focus on the growing issues of rent non-payment and the severe backlog at the landlord and tenant board. The discussion highlights the widespread occurrence of rent defaults and outlines practical steps Landlords can take to manage such situations effectively. The inefficiencies and prolonged wait times at the Landlord and Tenant Board are also addressed, revealing the potential financial strain these delays can impose on Landlords.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Reuben Labovitz (Broker at Fox Marin)

In this episode of the Toronto Real Estate Podcast, hosts Kori and Ralph delve into the current state of the Toronto real estate market, providing a comprehensive analysis of market statistics, sales activity, new listings, and prices over the past decade. Despite prevailing fears and uncertainties, their discussion reveals a resilient market where prices have steadily increased. They address concerns about the condo market, highlighting factors shaping current conditions. The conversation offers insights into inventory levels, pricing trends, and the dynamics between buyers and sellers, emphasizing the ongoing affordability issues and the challenges condo owners face when transitioning to houses. They explore the average day's listings spent on the market and the impact of high-quality inventory on sales. Additionally, they discuss the concept of months of inventory and its role in determining market conditions, noting the influence of population growth in Toronto. The episode concludes with the hosts' belief that the market is nearing its bottom, underscoring the importance of long-term thinking and professional advice in real estate decisions.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Join us for an in-depth discussion on the current state of Toronto’s Summer 2024 Real Estate Market Trends and what indicators we will be watching to predict where the market will be heading this Fall and beyond; join Fox Marin experts Ralph Fox, Jerome Werniuk, & Rueben Labovitz.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Reuben Labovitz (Broker at Fox Marin)

Jerome Werniuk (Sales Representative at Fox Marin)

In this episode, Ralph and Kori dive deep into the latest statistics and behind-the-scenes analysis of the Toronto real estate market. They cover all the critical data points you need to know, from average prices and sales to new listings and inventory levels. Discover how the market has been impacted by COVID-19 and rising interest rates and what this means for buyers, sellers, and investors.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

In this episode, Toronto Brokers Kori Marin & Ralph Fox discuss SEVEN essential questions to ask when hiring a listing agent in Toronto's challenging and volatile real estate market. They emphasize the importance of choosing an agent with a robust pricing methodology, strategic approach, and comprehensive marketing strategy. They also highlight the significance of staging and styling in attracting buyers and creating an emotional connection. Transparent and honest communication, a professional network and resources, negotiation skills, and a proven track record are other vital factors to consider when selecting a listing agent—especially in a market that has never been so unpredictable. Interviewing for a great agent is one of the best decisions you could make!

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Join Fox Marin on the Toronto Real Estate Podcast as they dive into real strategies for moving up the property ladder in today's downward market. Learn from industry experts about selling strategically to upgrade your property at a discount, and how to take advantage of future market trends. From negotiating tactics to long-term investment advice, this episode is packed with invaluable insights that will help you make informed decisions and achieve success in the real estate world. Don't miss out on this must-watch episode.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Jessica Spillas (Broker and VP of Sales at Fox Marin)

Reuben Labovitz (Broker at Fox Marin)

In this episode, Fox Marin Associates bring on a special guest, Harley Nakelsky - President and Partner at Baker Real Estate. Join us as we dive deep into Toronto's pre-construction market, discussing current challenges such as high interest rates and extended construction timelines. We'll also explore the benefits of investing in pre-construction properties and provide insights into investor sentiment and key market trends. Don't miss out on this in-depth discussion on the opportunities and challenges in Toronto's booming pre-construction market.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Harley Nakelsky (President and Partner at Baker Real Estate)

In this episode, we share the top 6 tips every new broker or realtor should know in their first year in. Whether you're just starting out or looking to level up your career, these valuable insights will help you succeed in the competitive world of real estate.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Reuben Labovitz (Broker at Fox Marin)