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To buy first or sell first?

According to Gus, Local News, Real Estate Tips
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RECONNECT May 25, 2015   Your family is growing and you need a home that can grow with you. So, as you start thinking about your impending move, you’re left with the lingering question “should I buy first or sell first?” “While there is no ‘right’ answer, it’s important to know the potential pros and […]

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Home prices on the rise?

Are real estate prices going up or down?

According to Gus, Local News, Real Estate Tips
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Nobody knows for sure. And there are lots of opinions out there. First off though, are we talking nominal prices or real prices?  😉 Well, since TREB and most everybody else, relates to real estate prices in nominal terms (albeit with its major flaws), I’ll do the same, for simplicity’s sake. Plus, presumably those who […]

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Understanding Real Estate Prices

According to Gus, Real Estate Tips
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A prerequisite to understanding real estate prices (specifically, their year-over-year movements) starts with a solid understanding of nominal vs. real prices. Nominal prices ignore inflation, whereas real prices (quite appropriately named) consider and adjust for the rate of inflation. Inflation can be described as the wasting away of our money due to governments adding to […]

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Agent Gus - Toronto Real Estate