Skip to main content
Insights
Advice
twitter facebook linkedin

Mortgage Woes, Pre-Con Bets and More - 'The Situation' GTA Real Estate Consumer Q&A

twitter facebook linkedin
By John Pasalis

In our monthly feature, home owners and would be buyers and sellers ask questions about the complex real estate situations they are facing across the GTA.

John Pasalis, Broker and President of Realosophy Realty, and lead contributor at Move Smartly, and Urmi Desai, Move Smartly editor, discuss the detailed questions that consumers send to John.

This month, we hear from mortgage borrowers under stress and buyers wondering how much they should count on the market rebounding in a few years: Is this the right time to try to sell a tenanted property? Is it wise to put money down on a pre-construction home now? And what happens if your bank wants you to pay more for your mortgage and you can’t afford it?

Watch the video above or at the Move Smartly YouTube channel with time stamps or listen on the Move Smartly podcast on Apple.

Submit your own real estate questions to askjohn@movesmartly.com

 

Move Smartly is powered by Realosophy Realty Inc. Brokerage, an innovative residential real estate brokerage in Toronto. A leader in real estate analytics, Realosophy educates consumers at Realosophy.com and MoveSmartly.com and helps clients make better decisions when buying and selling a home. 

Email Move Smartly
John Pasalis
John Pasalis
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors. A specialist in real estate data analysis, John's research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been shared with the IMF and cited by the Bank of Canada and CMHC. A frequent commentator on the Toronto housing market and real estate consumer and industry issues, John has contributed to the Globe and Mail, CBC, BNN Bloomberg, TVO's The Agenda, Toronto Star and other media, national and international government and industry organizations. John holds a B.Sc. in Economics from the University of Toronto and is a candidate in the Doctorate of Business Administration Program at the University of Toronto and Henley Business School (UK).

Get the Stories Behind The Sold Signs—Delivered Right to Your Inbox.

Related Stories

Which Condo Do We Sell? + Multiplexes the Next Big Bet? — 'The Situation' Consumer Q&A
Should We Sell Before We Buy? + Do I Have to Pay Tax To Move into My Own Condo Rental? — ‘The Situation’ Consumer Q&A
Should I Get a Better Performing Investment Property? + Will a Co-Ownership Company Finally Get Me Onto the Property Ladder? — ‘The Situation’ Consumer Q&A
Why is My Pre-Con Condo Worth Less Than I Paid? + Should I Sell Before Capital Gains Tax Increase? — ‘The Situation’ Consumer Q&A