Real Estate Insider: August 2020 - Lalovich Real Estate Skip to Main Content

Real Estate Insider: August 2020

Posted on August 27th 2020 by Lalovich

How would you feel about ordering a home online, and getting it in just a few weeks? That may be a bit of a stretch (for now), but modular and pre-fabricated homes might be the way of the future! It is slowly easing its way into the main stream due to the many benefits over other conventional construction methods. Read here the ins and outs of modular construction and why you might see them coming to a town near you!

If you’re in the market for a new home, you should be in the market for a few of these apps! Read here the 7 best apps for Canadian Homebuyers!

The debate between Suburb and Urban City living began way before COVID-19 was ever even a thought. However this global pandemic has shifted perspectives on many aspects of day to day life that may never go back to the way it used to be. Mixed zoning areas and open concept layouts are just some of the areas where people are beginning to re-think their ideas and plan for a “New normal”

Predictions for the Real Estate Market in the last months of 2020 are ‘scattered’ to say the least. CMHC’s Evan Siddall is calling for huge price drops while other companies are calling for another increase for the year. So who’s right? Only time will tell, but if you want more info in the beef between CMHC and Real Estate Brokerages across the country, read here

If you could pay off your mortgage right now, would you? This couple has the ability to pay off their mortgage this year, and still have a healthy emergency fund in case something was to go wrong, but they decided to wait! Read here how they came to this decision and see if their interests line up with yours!

If you are planning on building a new home, this article is for you! Read here how to make sure you are not getting scammed, and get familiar with Tarion home warranty program! Stay safe and stay protected! 

Calling all Commercial Landlords!! Get the 101 on Bill 192 to stay informed during these uncertain times. 

Mortgage Broker Vs Bank: Who should you call when qualifying for a mortgage? Read here the pros and cons of a Mortgage Broker and see how they can help you save money!

Bill 184 has caused a lot of controversy in Ontario (Even almost got the Mayor of Toronto forcefully evicted by angry citizens), but this Lawyer is saying that there is no reason anyone playing by the rules should be against this bill. What do you think? Read here and decide for yourself!

Everyone knows Canadian Real Estate Prices have been growing pretty fast over the past few years, but just how fast? Try 29x the rate of homes in the United States!

What happens to real estate in a Divorce? Unfortunately about 40-50% of married couples in Canada will need this article.

Is owning a cottage part of the “Canadian Dream” or is renting just as good? Well, it depends on your long term goals! Read here if you’re thinking about making the big investment!

The Rent VS Buy debate continues!! This blogger thinks RENTERS are coming out on top of this round! Do you agree with how they broke it down? 

If you have your eye one of the many new condo developments coming up in the city, you might have a few choice words about Bill 197 that just passed in Ontario. This bill claims to only increase costs for the Developers, but we all know what that really means…..higher purchase prices! Read here the major changes implied with Bill 197 that could make purchasing Condos in Ontario more expensive!