Warmth from Within

 

Warmth from Within

What does real estate and hot weather have in common? Can both be enjoyed? Can we or should we change this dynamics? With the real estate market the way it is today, buying a home in Toronto and becoming the prize owner is like enjoying the hot weather. The low mortgage rates and downtown Toronto housing prices combined makes real estate investment as enjoyable as the hot weather in the Toronto neighborhoods. On the other hand, selling real estate assets in Toronto right now sends out a warm feeling because the profit margin or equity growth is enormous! Whether one is buying or selling in Toronto, the decision to do so gives a warmth even on the coldest of winter days. So why these changes? Have we abandoned the stable? What stability anyway? Is it because the principle of progress requires movements? If so, move how? Relocate! Invest! Forward? No need to feel forgotten though, if you're not in the market today, it's great to jump in it at any state of readiness. I thought we said real estate and hot weather have something in common…or did we?


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Orville Lewin

Orville Lewin

Broker
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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