Sold in the 6ix - Toronto Real Estate
102 episodes - English - Latest episode: 12 days ago -Sold in the 6ix is your insider connection to the ever-evolving Toronto real estate scene, hosted by Desmond Brown from RE/MAX Hallmark. This podcast is a treasure trove for anyone involved in the Toronto real estate scene. Whether you're stepping onto the property ladder in Ontario's vibrant GTA, looking to invest in the market, a realtor yourself, or simply fascinated by the unique homes that dot the 6ix. Desmond, a seasoned Toronto realtor, taps into his vast network to bring listeners exclusive insights, blending his real estate prowess with the latest market analyses and trends.
What sets Sold in the 6ix apart is the unique access Desmond provides to a roster of industry insiders and experts, enriching the conversation with a diverse range of perspectives on sales, mortgages, and investing strategies. As a listener, you'll get an insider's perspective on how to navigate the complexities of the Toronto real estate market, from securing your dream home to optimizing your investment portfolio. With advice rooted in the comprehensive seller services that RE/MAX Hallmark is renowned for, this podcast is an essential listen for anyone interested in understanding or entering the competitive world of Toronto real estate.
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Episodes
A Registry That Exposes Bad Tenants and Landlords
April 15, 2024 07:00 - 34 minutes - 23.5 MBIn this episode we dive into the innovative business model of Openroom, founded by Weiting Bollu. Openroom is revolutionizing the rental market! It’s an online database that has the names of tenants and landlords who have been found at fault by the Landlord and Tenant Board. Openroom helps with the due diligence that all landlords and tenants should go through before agreeing on a residential lease, and in just one year has hosted almost 2 million searches. With a backlog at Ontario’s L...
Smart Strategies for New Real Estate Investors
April 01, 2024 07:00 - 28 minutes - 19.7 MBMake real estate investment your new reality. Desmond and real estate guru Todd C. Slater explore the path to investment success for the average person. They look at the significance of defining your investing "why," the strategic approach to financial readiness, and the smart utilization of home equity to kickstart your investment journey. Des and Todd walk you through the practicalities of choosing investment properties, focusing on markets outside the metropolitan areas for better affor...
Real Estate and Estate Planning in the 6ix
March 18, 2024 07:00 - 36 minutes - 25.1 MBIt’s no secret Canada’s over 65 population is swelling. With 7.6 million Canadians now aged 65 or older, the importance of having affairs in order is more important than ever. Guest Garry Cass explains the difference between a power of attorney and a will, and the importance of updating wills regularly. He also discusses the complications that can arise when someone dies without a will, and the challenges of having family members on the title of a property. Cass advises you to be proacti...
Blueprint for Change: Tim Hudak on Boosting Ontario’s Housing Market
March 04, 2024 08:00 - 33 minutes - 22.7 MBDesmond and his guest Tim Hudak of OREA explore the complexities of Ontario's housing market, starting with a focus on the affordable housing report. A few years ago, the Ontario government announced an ambitious plan to address the housing crisis, aiming to build 1.5 million homes over the next decade. Despite challenges such as COVID-19, supply shortages, and rising costs, progress has been made, with the Ontario Real Estate Association (OREA) analyzing the government's efforts in im...
Dreams in Tight Spaces: The Laneway House Blueprint
February 19, 2024 08:00 - 30 minutes - 21.2 MBIn this episode Des interviews Ashley McInnis, a real estate agent who built a laneway house in Toronto. McInnis shares his experience with the process, from obtaining permits to dealing with construction and financing. He explains the project cost around $350,000 for the laneway house itself, plus additional expenses for renovations to the main house and landscaping, totaling around $500,000. Despite the high cost, McInnis believes it's a good investment, offering a flexible space tha...
Naughty Agent Part V: When Realtors Cross the Line
February 05, 2024 08:00 - 35 minutes - 24.4 MBThe Naughty Agent series in this podcast discusses cases of disciplinary action taken against real estate agents in Ontario. In this episode the first case involves an agent who responded to a Kijiji ad from a woman looking for a place to rent. The agent made sexually suggestive remarks to the woman, charged her $700 to strengthen her rental application, and advised her to falsify documents. The deal fell through, leaving the woman without a place to live. The second case involves an age...
The Ripple Effects of a Supervised Drug Consumption Site
January 22, 2024 08:00 - 45 minutes - 31.4 MBThe Leslieville neighbourhood of Toronto is coping with a “Safe Injection Site” (also called Supervised Consumption sites). Journalist Derek Finkle of the National Post lives in the community. He says the site, which opened in 2017, has drastically changed the neighbourhood, attracting drug dealers and leading to increased crime and drug use. The situation escalated in summer 2021 when a stray bullet from a gunfight between drug dealers killed a local mother. Despite residents' repeated ...
Toronto’s Housing Tomorrow: 2024 Analysis and Forecast
January 08, 2024 08:00 - 35 minutes - 24.5 MBThere’s good reason for optimism in the Toronto real estate market. Steve Tabrizi, COO of RE/MAX Hallmark joins Des to look at the current state of the real estate market and their predictions for 2024. They discuss the impact of interest rate hikes on the market, the increase in inventory, and the potential for a rebound in the market in 2024. They also discuss the implications of the new Trust in Real Estate Act in Ontario, which allows for open bidding, and the potential impact of a cla...
Real Estate-related Holiday Gift Ideas
December 18, 2023 08:00 - 33 minutes - 23.2 MBWell buying someone a home or commercial property is a dynamite gift but let’s be realistic. Maybe something a little more realistic? Tamara Grierson of Staging Life shares her ideas for holiday gifts for the home. She discusses different types of decorations, including artificial and real Christmas trees, and offers tips for making them look festive. Tamara also suggests various gift ideas, such as closet organization systems, garage upgrades, and personalized artwork. Listen For 0...
Naughty Agent – Stories of Realtors Doing Bad Things Part IV
December 04, 2023 08:00 - 29 minutes - 20.3 MBDes and Jennifer discuss recent disciplinary decisions by the Real Estate Council of Ontario (RECO) against real estate agents. Three cases: one where an agent contacted sellers whose houses were on the market and tried to convince them to terminate their current contracts and list with her another where an agent representing a buyer listed a property for lease before the buyer owned the property and a third where an agent and her husband bought a property privately, assigned the agree...
The Impacts of Higher Interest Rates Being Felt Right Now in Toronto Real Estate
November 20, 2023 08:00 - 33 minutes - 23.2 MBHigher rates have slowed overall sales but prices in markets like Toronto have increased by about 3% since last year. Those not buying or selling but whose mortgages are up for renewal are facing challenges, with some being forced to sell or risk losing their homes. In this episode Des and Jason Georgopoulos of Dominion Lending Centres discuss strategies for managing these tough times, including re-amortizing mortgages to 25 or 30 years for lower payments, taking out short-term sec...
How to Avoid Legal Problems when Buying Pre-Construction Condos
November 06, 2023 09:00 - 36 minutes - 25.1 MBPeople who bought pre-construction condos years ago are now struggling to close the transactions due to changing market conditions and rising interest rates. Mark Morris, a real estate lawyer, is dealing with many such cases. Morris explains the current falling market is causing many buyers to be unable to close their transactions, leading to legal problems. He advises buyers to secure large deposits to protect themselves in case of a breach. He also suggests that buyers should hire law...
Challenging the Narrative of a Softening Market
October 23, 2023 09:00 - 32 minutes - 22.3 MBDes teams up with Asif Khan to discuss the current real estate market in Toronto. Despite sensational headlines suggesting a plunge into a buyer's market, they argue the market remains a seller's market, albeit quieter in terms of units sold. Prices continue to climb, with the average price up 3% compared to last year. Listings are up by 44% compared to last year, leading to longer days on the market before a sale. Sellers need to price their properties correctly for the current market ...
Greenbelt Reversal: Unearthing Ontario’s Real Estate Controversy
October 09, 2023 09:00 - 35 minutes - 24.1 MBOntario Premier Doug Ford has reversed his decision to open up the Greenbelt for development, following backlash from opposition parties, media investigations, and findings by the province's auditor general and Ethics commissioner. The report suggests developers had inside information about the lifting of restrictions on the Greenbelt and could make up to $8.5 billion by redeveloping it. As a result, two cabinet ministers have resigned. This isn’t going away, especially with ongoing accusa...
Green Belt Reversal: Unearthing Ontario’s Real Estate Controversy
October 09, 2023 09:00 - 35 minutes - 24.1 MBOntario Premier Doug Ford has reversed his decision to open up the Green Belt for development, following backlash from opposition parties, media investigations, and findings by the province's auditor general and Ethics commissioner. The report suggests developers had inside information about the lifting of restrictions on the Green Belt and could make up to $8.5 billion by redeveloping it. As a result, two cabinet ministers have resigned. This isn’t going away, especially with ongoing accu...
The Nasty Battle Over The Mandatory Realtors’ Health Plan: The Response By The Association
September 25, 2023 09:00 - 36 minutes - 25 MBThe Ontario Realtor Wellness Plan has been initiated by the Ontario Real Estate Association (OREA). The plan required agents pay increased annual dues of $760 and participate in a mandatory wellness program. In this episode we talk with Stacey Evoy and Tania Artenosi of OREA about the backlash they’ve been receiving and why they brought in the benefit plan. Listen For 10:30 The changes to the standard plan 17:49 Dental and eye care coverage 21:13 Opting out of the mandatory plan 32:26 Lega...
A Mandatory Realtor's Health Plan: The Nasty Battle by Those Who Don't Want It.
September 11, 2023 07:00 - 37 minutes - 25.5 MBThis is part one of two episodes we’ll dedicate to the Ontario Real Estate Association’s Wellness plan. Barry Lebow calls himself a Realtor for Angry People. His services focus on divorces, partnership breakups and family wars. He finds himself leading a different battle these days. He’s leading a petition that thousands have already signed opposed to OREA’s new mandatory health benefits plan. It’s the “Mandatory” nature of the plan that raises his ire. In this episode, the arg...
The 15-Minute Neighbourhood
July 03, 2023 08:00 - 30 minutes - 21.1 MBImagine a world where everything you need is just 15 minutes away. Where you work, shop, where you get health care and schooling. A new RE/MAX head office report says this is happening and it’s called the 15 Minute Neighbourhood: Lessons for Small Communities. Is something like this possible in Toronto? Guest: Michael McLachlan Facebook: https://www.facebook.com/michael.mclachlan/ Instagram: @michael.mclachlan LinkedIn: https://www.linkedin.com/in/michael-mclachlan-23b11b31/ E-m...
Protecting Realtors: Self-Defence Strategies for Safety
June 26, 2023 08:00 - 38 minutes - 26.7 MBRealtors meet people every day and naturally are focused on trying to make the best impression. They don’t know the people they’re meeting with, they’re total strangers really. Over the years there have been cases where realtors have been attacked and even killed. Rob Andress saw this during his 38-year career as a real estate broker. Self-defence and safety best practices were a huge gap. Today Rob and his wife Beth travel the country helping real estate agents equip themselves with s...
Closing the Doors on a Career – Tess Kalinowski
June 19, 2023 08:00 - 34 minutes - 23.9 MBAnyone who follows real estate knows the name from her Toronto Star byline. Tess Kalinowski is synonymous with solid information and good stories in real estate. Spanning a 40-year career, the last chapter of it focused specifically on Toronto real estate, Tess shares some of her favourite memories and stories. One key takeaway, she never found it difficult to find new and interesting information, the challenge was always in finding the right people to illustrate the story. Guest...
Naughty Agent – Stories of Realtors Doing Bad Things Part III
June 12, 2023 08:00 - 24 minutes - 16.6 MBPhantom offers. Ghost offers. An example of this is when the selling agent lies and says there is a second offer hoping to nudge the price of potential buyer. What’s the penalty for that? This and other real-life stories that went before the Real Estate Council of Ontario in this installment of Naughty Agent. See the RECO decisions page https://www.reco.on.ca/complaints-enforcement/regulatory-activities-decisions/ Guest: Jennifer Scaife, Des Brown Real Estate Email Jenn@Des...
“Crazy” is Here. The Return of the Wild Real Estate Market
June 05, 2023 08:00 - 25 minutes - 17.9 MBJust a few months ago real estate sales were down 44% year over year. There was a lots of talk about prices diving down even further. Asif Khan and Des published an episode that looked at all the data and came to a very different conclusion. The episode was called “Things Are Going to Get Crazy Real Quick” Talk about a crystal ball. The market has bounced back. Welcome to Crazy! Guest: Asif Khan, RE/MAX Prime Properties Connect on Linked In Radio Show Co-Host 105.9 The Region ...
Follow Up to “My Tenant Won’t Leave”
May 29, 2023 09:00 - 26 minutes - 18.1 MBIn May 2022 we shared a story with you about a first-time buyer who bought a condo that had a tenant in it. The seller has guaranteed the tenant would be gone by the time the transaction closed so the buyer could move in. But on the closing date, the buyer still couldn’t move in because the tenant was still there. (Listen to the first installment of this story from May 2022). A year later that story has now finally turned the corner. Listen to what happened. Guest: Daniel McLaug...
A 1-On-1 Sit Down With Tim Hudak at Realtor Quest 2023
May 22, 2023 08:00 - 30 minutes - 20.8 MBRECORDED LIVE AT REALTOR QUEST 2023 AT THE TORONTO CONGRESS CENTRE It seems odd to say but for Tim Hudak the transition from politician to CEO of the provincial real estate board was a natural progression. It was when he was a Member of Provincial Parliament that he moved into the role of Consumer Business Services Minister. A part of that portfolio included becoming lead minister for real estate regulation in Ontario. The Real Estate and Business Broker’s Act was his baby. He very nearl...
Getting Organized and Finding Space
May 15, 2023 09:00 - 26 minutes - 18.2 MBThere are two kinds of space – the kind Gene Roddenberry was focused on in the 1960’s drama Star Trek – that kind of space is supposedly infinite. But there’s another kind of space that’s not only finite, it’s increasingly in short supply. This is the space you and I live in, and we need more of it. In this episode Des checks in with Catherine Davis, a professional organizer, and gets some top rated tips to help make the space in your life worth exploring. Guest: Catherine Davis,...
The Burying and Cover-up of a Proud Black Canadian Past
May 08, 2023 08:00 - 28 minutes - 19.7 MBJames Russell made headlines recently for staging a sit-in at Niagara-on-the-Lake. He chained himself to a plaque at a Black cemetery, vowing not to leave until the town agreed to unearth and restore the Negro Burial Ground’s long-buried headstones. And while the story has made headlines, hearing James describe the history of what happened here is deeply moving. Headstones were placed at the site for those who died, but 30 years ago those headstones mysteriously disappeared - covered ov...
Naughty Agent – Stories of Realtors Doing Bad Things Part II
May 01, 2023 08:00 - 25 minutes - 17.4 MBMost realtors run pretty straight up businesses. No surprises. But there are bad apples in every basket and that’s when the Real Estate Council of Ontario (RECO) steps in. In this episode Des and his business partner Jennifer Scaife walk through several recent examples of naughty agents including one… who couldn’t keep his pants on. See the RECO decisions page https://www.reco.on.ca/complaints-enforcement/regulatory-activities-decisions/ Guest: Jennifer Scaife, Des Brown Real Estate Emai...
Pre-Construction… What you need to know
April 24, 2023 08:00 - 28 minutes - 19.6 MBJust look around the City of Toronto and you can se proof of residential growth… all those construction cranes building new condo buildings. They’re under construction because people have already bought them. Pre-construction units are bought by three types of buyers – someone who will eventually live there, an investor who will rent it out, and flippers. If you’ve ever thought of purchasing a pre-construction unit, this episode will fill you in on the things you need to know. Guest: Sogo...
Mortgage Rates Holding – But What’s the Rest of the Story?
April 17, 2023 08:00 - 32 minutes - 22.3 MBThe Bank of Canada has decided to hold its overnight interest rate at 4.5%. That’s what’s making headlines. But what are the story lines deeper in the details? Longer term rates are starting to come down, although they may not be the best option. Longer amortizations are also in the details. Some as long as 70 years. Banks have been given the green light to expand amortization lengths to help people avoid the need to sell if they’re on variable rates. Of course, that’s going to stop peop...
Naughty Agent – Stories of Realtors Doing Bad Things Part I
April 11, 2023 08:00 - 25 minutes - 17.8 MBMost realtors are fair, honest, trustworthy. But sometimes the bad apples make an appearance. In Ontario, the governing body is the Real Estate Council of Ontario (RECO). And when Agents do naughty things, it’s RECO that decides the punishment. In this episode we look at a few cases where RECO had to get involved. Like the Agent who spotted five dollars in loose change in their client’s bedroom and decided they could use a little coffee money for themselves and who would notice? The clien...
Finding the Space in Your Home You Never Thought You Had
April 03, 2023 08:00 - 31 minutes - 21.4 MBIn some ways “Space” in your home is relative. Beauty and functionality is what fits your unique lifestyle. But we all need that space. Whatever it is for each of us. Christine Roberts helps people find that space in their homes whether it’s getting ready for sale or just creating space for yourself. She shares her ideas in this episode. You have more room to stretch than you think. Guest: Christine Roberts, Christine Roberts Design https://christinerobertsdesign.ca/ Email crdesignto@gma...
A Tale of Dirty Tricks in a Declining Market
March 27, 2023 08:00 - 35 minutes - 24.7 MBSometimes things can get nasty. Wrong. Dirty. Real Estate agents do their best to protect their clients in every conceivable way. But sometimes, even after a fair deal has been signed, things can happen. In extreme cases you can have one side try to bully the other into an even better deal. In this episode Des connects with lawyer Gavin Tighe of Gardiner Roberts to outline a story where unscrupulous buyers tried all the dirty tactics they could find to muscle their way to a better deal. G...
Staging Your Home in the Spring – Part Art, Part Science
March 20, 2023 08:00 - 31 minutes - 21.4 MBUltimately your goal with home staging is to create light and space, or at least the feeling of space. Tamara Grierson has been working with Des for years and they’ve had phenomenal success. In one example a homeowner sold their property in the end for $100,000 over asking, thanks primarily to the staging. When it comes to Spring staging, box up your winter wardrobe, do some spring cleaning, and remember, black mulch is your friend. Guest Tamara Grierson Website https://staginglife.ca/ ...
Real Estate Fraud – Thieves Selling Your Home Without You Knowing
March 06, 2023 09:00 - 33 minutes - 23.2 MBYou may have seen or read about this story on CBC. But wait until you hear all the details. CBC Toronto been running a series of articles on real estate fraud of a different kind the last couple months. Thieves posing as owners of homes, selling the properties, and disappearing. Only to have the real homeowners find out weeks later. Recently the Real Estate Council of Ontario (RECO) sent a memo to is members reminding them they’re required by law to verify the parties in any transactio...
The History of Property Ownership by Black People in Toronto
February 27, 2023 09:00 - 32 minutes - 22.2 MBThe history of Black people in Upper Canada goes well back to the 1700’s. Many of them were slaves brought to Canada by Loyalists fleeing the United States. 1834 saw both the abolishment of slavery in Canada and the Town of York renamed the City of Toronto. It was in this period between 1834 and through the end of the American Civil War the Black community in Toronto first grew. Many of them brought an entrepreneurial spirit like Thornton and Lucy Blackburn who started a livery service and...
Creative Ways to Break into the Toronto Housing Market
February 20, 2023 09:00 - 26 minutes - 18.4 MBReHousing is a research project that explores how to convert single-family homes into multi-unit housing. And the idea is to use affordable, common-sense design to yield high-quality space. It’s a collaboration between the University of Toronto, Tuf Lab and LGA Architectural Partners. The projects developed through ReHousing, in aggregate, seek to counter patterns of segregation and exclusion that have been typical of the production of North American suburbs. Guest: Michael Piper, Assista...
The Real Life of Real Estate Agents in Toronto
February 13, 2023 07:00 - 36 minutes - 25.4 MBAccording to Google Trends data, “how to become a real estate agent,” was THE most searched job recently. It’s a career that doesn’t need a University degree, offers great flexibility and autonomy, and the potential for solid financial rewards. But what does it really take? In this episode Ken McLachlan of RE/MAX Hallmark tells Des what it really takes is discipline, commitment, honesty, and the ability to recognize your own unique value. Guest: Ken McLachlan, Broker and Co-Owner RE/MAX...
“Things are Going to Get Crazy Real Quick”
February 06, 2023 07:00 - 38 minutes - 26.3 MBYou’d be forgiven, as a buyer in this market, for thinking maybe this is a good time to wait. Prices have come down, maybe they’ll go down further. The media stories are all about a cooling market. But underneath the headlines, on the street where the market is played out, there are signs of a return. Inventories are remarkably low, homes priced right are receiving multiple offers, and rental inventories are bare. No one knows for sure, but that window of opportunity may not be open long. ...
What Happens to Real Estate During a Divorce?
January 30, 2023 07:00 - 29 minutes - 20.4 MBSeparated and divorcing spouses are going through one of the most difficult chapters of their lives. Finances and Real Estate can play a big role. The first step in sorting things out is to prepare a financial statement. That may include real estate properties that one or the other wants to sell but there isn’t necessarily agreement. What happens then? Inevitably it can get complicated, but it doesn’t have to be messy. Guest: Leanne Townsend, Family Law Attorney Leanne is the founder of T...
A Look Ahead to 2023 in Toronto Real Estate
January 23, 2023 07:00 - 31 minutes - 21.8 MB2022 started with a buying frenzy with prices going through the proverbial roof. Borrowing rates were low so multiple offers was the norm. But then came the interest rate hikes and buyer fatigue set in. Does that mean we’re due for a crash in 2023? Not likely. Surveys are showing consumers are overwhelmingly saying “I’m going to get back into the market, I just don’t know my timing.” It’s also consistently clear the greater Toronto area continues to be the biggest magnet for new immigran...
Staging Your Toronto Home For Sale in the Winter
January 12, 2023 07:00 - 30 minutes - 21 MBReal Estate Markets have softened. The weather has gotten colder. But you still need to sell your home and achieve top dollar. Believe it or not, staging your home in the dead of winter doesn’t need to be tricky. Some staging here and there with big knits, furs, cozy things, and we can get this done. In this episode Des talks with staging expert Tamara Grierson on how to make your home look (and FEEL) great when it’s on display in the colder months. Guest: Tamara Grierson, Staging Life E...
2022 in Toronto Real Estate
December 15, 2022 07:00 - 33 minutes - 23.3 MBThe Toronto Star’s Tess Kalinowski knows Toronto Real Estate. She spends every day covering its stories. And oh what stories the year can tell. There were stories of people cashing in their GTA properties and moving away… many of them later returning. With the downturn in the market the pressure is on sellers. Some buyers have responded with “low-ball” offers. There were stories of those working. Rental prices have gone up, up, up. And many renters have responded by moving out, out, out....
2022 in Toronto Real Estate
December 15, 2022 07:00 - 33 minutes - 23.3 MBThe Toronto Star’s Tess Kalinowski knows Toronto Real Estate. She spends every day covering its stories. And oh what stories the year can tell. There were stories of people cashing in their GTA properties and moving away… many of them later returning. With the downturn in the market the pressure is on sellers. Some buyers have responded with “low-ball” offers. There were stories of those working. Rental prices have gone up, up, up. And many renters have responded by moving out, out, out....
More Homes Built Faster Act
December 01, 2022 11:00 - 31 minutes - 21.4 MBInterest rates rise, house prices drop… yet the problem remains the same. There continues to be a housing shortage in the Greater Toronto area and Southern Ontario. Now the government in Canada’s largest province is taking dramatic action. In this timely episode of Sold in the 6ix, host Desmond Brown talks with veteran legislative reporter Rob Benzie of the Toronto Star. Together they look into the new More Homes Built Faster Act. It was designed to increase the housing inventory in Canada’...
The MOST COMMON and COSTLY MISTAKES made when estate planning
November 17, 2022 12:00 - 32 minutes - 22.6 MBOne of Canada's most experienced and well read experts when it comes to estate planning says there are two kinds of people who plan their estate or that of a loved one. In this episode of Sold in the 6ix, host Desmond Brown welcomes back Garry Cass. They continue their discussion on estate planning, and talk about why its so important to have that discussion well before you have to. And, they talk about those two kinds of people we mentioned earlier. Which one are you? Garry Cass can...
The MUST DO'S and the DO NOTS when estate planning
November 03, 2022 12:00 - 29 minutes - 20 MBRegardless of your wealth, your earnings or your lot in life... most everyone will leave this earth with an estate of some kind. Afterall, two of the certainties in life are death and taxes. knowing that, why are so many of us not ready when it's time to face the inevitable? In this episode of Sold in the 6ix, host Desmond Brown talks to expert Garry Cass about estate planning. If your estate is not in order, it could cost your family stress and thousands of dollars. What are the most comm...
Landlords vs Tenants: The Laws and the Logistics
October 20, 2022 11:00 - 27 minutes - 18.9 MBThe rental market has experienced a 360 in Canada. While house prices skyrocketed during the pandemic, the cost of rent is now following suit. Monthly rent in urban centres are reaching record highs. But whether you're a tenant or a landlord, the market shift is being felt on all sides as landlords maximize profits and tenants face affordability pressure. In this timely episode of Sold in the 6ix, host Desmond Brown speaks to Paralegal Bita di Lisi, together they look at some real-life ex...
Sky High Rent is taxing on Tenants
October 06, 2022 11:00 - 28 minutes - 19.8 MBThe pandemic had a huge infuence on real estate prices. The market exploded as buyers scrambled for limited inventory. Offers exceeded asking prices and sellers took advantage of the rally. Now, the rental market is feeling the squeeze. In this episode of Sold in the 6ix, host Desmond Brown talks with Shea Kiely, the Executive Director of Housing Help, a tenant advocacy group. As rents rise, and the supply dwindles, tenants are facing the difficult task of not only finding a rental unit an...
The Art of Borrowing as Interest Rates Rise
September 22, 2022 11:00 - 30 minutes - 21 MBYour home is the biggest investment you will make. Paying off your mortgage and managing household debt is a conversation that takes place among homeowners across the country. But when interest rates rise, and debt becomes unmanageable, difficult decisions often follow. In this timely edition of Sold in the 6ix, host Desmond Brown speaks with mortgage specialist Jason Georgopoulos. Jason is an experienced mortgage broker who has supported and helped families make important decisions when ...
Condo Living, Loving and Leveraging and how to have all three
September 08, 2022 18:21 - 30 minutes - 21 MBFor thousands, a condo represents their parcel of paradise high above the city lights. That might include those downsizing and looking for a more manageable property. For many more, a downtown condo represents their entry point into the GTA real estate market. Rising interest rates have impacted the housing market, and are also being felt in high rises from east to west. As you might expect, the double-digit, year over year COVID fueled spikes in prices have stalled. In this edition ...