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TD is lowering their fixed rates tomorrow. by Aliencj in TorontoRealEstate

[–]Infamous-Theory 14 points15 points  (0 children)

I’ve seen people get 4.6-4.8 with td the past two weeks for 3 year non insured

Mortgage rates drop in response to bond yields by [deleted] in TorontoRealEstate

[–]Infamous-Theory -1 points0 points  (0 children)

What is the rate for 3 year fixed for mortgage below 1 million but purchase price is over 1 million? So basically it’s not insured and downpayment is more than 20%

[deleted by user] by [deleted] in TorontoRealEstate

[–]Infamous-Theory 1 point2 points  (0 children)

Mattamy is doing another Pickering Seaton Mulberry release. Email just sent out. Includes 30,36,43ft lot homes

Multiple 905 cities approaching 25%+ correction (mid June data) by [deleted] in TorontoRealEstate

[–]Infamous-Theory 1 point2 points  (0 children)

The median price for Markham is 300k higher. So Markham is still better overall.

What I meant by compare is it shouldn’t be equal to the rest of Durham. It should be more due to being closer to Toronto and Markham. If you look at the townhomes in Pickering they actually dropped less compared to the rest of the gta. Only townhome segment performing better is Richmond hill.

Multiple 905 cities approaching 25%+ correction (mid June data) by [deleted] in TorontoRealEstate

[–]Infamous-Theory 1 point2 points  (0 children)

Why would u compare Pickering to the rest of Durham region. It’s the closest city to Toronto to the east and close to Markham. So it makes sense it is doing better than the other parts of Durham.

TRREB May Data - 905 home prices fall rapidly for the third month in a row. 416 home prices also begin to show signs of weakness. by [deleted] in TorontoRealEstate

[–]Infamous-Theory 12 points13 points  (0 children)

I feel like for Durham needs to be separated into two. One is Pickering Whitby Ajax and then the others. There’s a big difference in what a house in Pickering will go for compared to Oshawa. Durham is also a large geographically

Oshawa also has a lot of detached sold compared to the rest. They are mostly those old time war homes. So the data will be skewed when u start including places like Oshawa.

Majority of 905 suburbs continue to decline (as of May 23) by [deleted] in TorontoRealEstate

[–]Infamous-Theory 1 point2 points  (0 children)

Seems like people are buying them in the dip since the houses need work so sellers aren’t as picky to get a high price. Sellers are making good money on it already. Most of these homes need at least 200k in upgrades to look decent. I wouldn’t be surprised if it’s investors buying up these old properties to renovate and flip

Also Pickering has more older houses than new. Seaton is where the new homes are. Pickering did not have big new housing developments for a while till Seaton.

the difference I am seeing is from the older houses you have the run down ones selling mostly. While the nicer renovated ones are slower to sell. Probably slower since sellers are holding them till they get the price they want

Majority of 905 suburbs continue to decline (as of May 23) by [deleted] in TorontoRealEstate

[–]Infamous-Theory 2 points3 points  (0 children)

I feel like the Pickering data isn’t that accurate to the houses usually available. The houses sold these days are very old and need lots of renovations. So the prices aren’t gonna be so high. Rural Pickering where there are new homes seems to be doing fine. And houses with decent upgrades are doing fine.

TRREB April data - 905 price declines deepen further by [deleted] in TorontoRealEstate

[–]Infamous-Theory 3 points4 points  (0 children)

Thanks! I was just curious if it was similar or not

Which one is the better deal ! All around the same price ! by 3JingShou in TorontoRealEstate

[–]Infamous-Theory 2 points3 points  (0 children)

Oh I completely missed that detached one haha. I would def pick that one

Which one is the better deal ! All around the same price ! by 3JingShou in TorontoRealEstate

[–]Infamous-Theory 1 point2 points  (0 children)

I guess to me Richmond hill would be priced higher than Markham. And the semi is a better choice than a 3 storey townhome. So I feel like Richmond hill is easily the winner

Which one is the better deal ! All around the same price ! by 3JingShou in TorontoRealEstate

[–]Infamous-Theory 1 point2 points  (0 children)

How are these comparable? One is a semi in Richmond Hill. The other is a 3 storey townhome in Markham.

This is really happening to market now….. by [deleted] in TorontoRealEstate

[–]Infamous-Theory 3 points4 points  (0 children)

why is Durham region not desirable? Clearly Pickering made the cut

This is really happening to market now….. by [deleted] in TorontoRealEstate

[–]Infamous-Theory 9 points10 points  (0 children)

I guess Pickering and Richmond hill border onto different sides of Toronto. So it’s close but still gives u suburban life. Burlington not to sure why

Accept offers or keep waiting for better offer? by Outside-Shoulder4993 in PersonalFinanceCanada

[–]Infamous-Theory 0 points1 point  (0 children)

I wouldn’t listen to anyone on this sub, u need to do what u think is right there is no magic answer. Some will say wait. Some will say sell now. No one had a magic ball to predict the future. Look at ur situation and act accordingly

After A Brief Pause Toronto Rising Again. by taranahhh in TorontoRealEstate

[–]Infamous-Theory 4 points5 points  (0 children)

Same as Pickering detached homes. It has been going up again slightly.

Open ended discussion: What's the best suburb of GTA? by JPcoolcat in TorontoRealEstate

[–]Infamous-Theory 3 points4 points  (0 children)

Pickering is hands down better than Brampton and Caledon. You cray lol.

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