REZA AKHLAGHI

Toronto Housing Market

Wednesday Apr 14th, 2021

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I have been receiving messages from first time home buyer, people who want to down size home, or who wants to buy new houses in Mississauga, asking for new listings in Brampton buying detached home in Vaughan or etc. Some people looking for top realtor in Brampton or best real estate agent in Mississauga or top realtor in Vaughan! Honestly housing market is a complicated market in GTA and Toronto area. I have received messages in facebook lately asking about housing market crash in Toronto or... [read more]

Over heating Housing

Monday Apr 12th, 2021

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Despite early signs of overheating in Canada's housing market, Bank of Canada Governor Tiff Macklem so far has no plans to raise interest rates until the economy and employment are back on track following the slump caused by COVID-19. Speaking remotely to the combined Calgary and Edmonton chambers of commerce on Tuesday, Canada's top central banker said that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be... [read more]

Be careful in 2021 Housing market. It may harms you if any mistake.

Thursday Mar 4th, 2021

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Is it happening?

Despite early signs of overheating in Canada's housing market, Bank of Canada Governor Tiff Macklem so far has no plans to raise interest rates until the economy and employment are back on track following the slump caused by COVID-19. Speaking remotely to the combined Calgary and Edmonton chambers of commerce on Tuesday, Canada's top central banker said that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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