Getting tough out there eh. The real estate industry is responsible for that million dollar mortgage in the first place. To greedy too fast.
@whiskeymcclintonКүн бұрын
1980s interest was 20%, 1990s, 8 to 9%. During those times, house prices were stable. When interest rates dropped below 5% in the 2000s, house prices quadrupled. You don't save any money with lower interest rates, it will be cancelled out with higher house prices. Let's also not forget that the capital gains tax inclusion rate was 75% in the 90s as well. Dropping it to 50% made it more attractive for investors to buy up houses as income properties, further driving up prices.
@seanyoung53972 күн бұрын
5% rates are the historical norm.
@kulaellison13793 күн бұрын
Good Afternoon, Wicked - Liberal & Canada Bank have trillions and need to share costs . With the family structure homes owners who are now renting out their homes . For their monthly mortgage costs or go look for "Loan Sharks" to meet their monthly needs . 🐟
@carminedesanto67463 күн бұрын
Had a great experience when you guys sold our Woodbridge condo . Things have gotten tough out here …
@euniciastojkovic12894 күн бұрын
Hello! Wonderful Summer atmosphere in the shade and carpet of green grass. Relaxation is welcome in the fresh air, well fried hamburger and competitions with laughter and joy. Let's be children again, sprinkle each other with water, hus each other with love like a dear special guest, Mini Man . Surely the moments will be unforgettable !.
@kulaellison13795 күн бұрын
Good Afternoon, Very good direction and to the point . Bonus 🎉
@kulaellison13795 күн бұрын
Good Afternoon, Happy July 🎉 Social Gathering - Stress Free Day . Bonus Time🎉❤🎉
@kulaellison13795 күн бұрын
Good Afternoon, Very good public speaking skills . Bonus🎉
@euniciastojkovic12895 күн бұрын
Hi ! Dear B.G. congratulations for your seniority in doing well - 10 years - in F.L. & Associates team . Continue, to be blessed !
10 күн бұрын
Frank Leo is an idiot.
@JohnAnderson-sq8lt14 күн бұрын
Frank Leo is a snake oil salesman!! nothing more, the guy is greedy, now he is trying to come into the Barrie market, he is based in Mississauga, not enough business for him down there?
@jay164516 күн бұрын
See no $1 listings so the r.e mkts must be doing well lol . Am waiting for -0.5% prime and banks to pay me to take a mortgage like in EU some years back
@dannypatat952921 күн бұрын
Ya don't worry frank will sell or he will buy..LOL
@kulaellison137924 күн бұрын
Good Morning, A question is the City of Toronto property taxes a issues. For future buys of houses / homes. If so the city needs to offer a yearly Coupon Day to equal the cost for all houses and home owners for properties. Plus are there properties that have Take As Is - Sales . Fixer Upper , selling only a half of a duplexes, etc. Thank you for the information and Have a Fun weekend Mr. Leo and Mrs Nancy Leo 🌹🌹
@peterbanh136426 күн бұрын
The new condo units are mostly tiny but they are ok. There are lot of single people people out there. 275 sqf with a parking space is enough for a single person. The problem is price. The cost is simply too high. If the price is between $250k-$300k then it is ok but the price is way beyond that.
@MichaelThoman26 күн бұрын
Maybe we could vote in a party that emphasizes growing the economy through higher productivity and lower taxes so people could afford to get into the real estate market.
@neilbertram1922Ай бұрын
The condos built for investors are not suitable for homeowners. Think about that for a minute. How cheap does a crappy investor-built condo have to be before someone actually wants to live there.
@jeffotoole4509Ай бұрын
I love the intro he’s not only a sponsor. So fitting.
@daryadergilova4057Ай бұрын
b
@anthonyf596Ай бұрын
Its okay, if he cant sell your condo, Frank Leo will just buy it
@kulaellison1379Ай бұрын
Good evening , there are contradiction with the recent condo market trend. That people find out sooner or later of hidden tax attached to condo's. Inluding condo's are subjected to Boards meeting like a co-op , government interference and maintenance cost. Where as a home owner a person can have a better "Peace of Mind" and more "Privacy" with out a third party interference. Seeking extra funds for thing such as maintaining the building the grounds etc. Where as a home owner generally do not pay themselves for lawn mowing their lawn, cleaning windows etc . House duty's they can do themselves and pay themselves with a nice cool beer and relax.
@kulaellison1379Ай бұрын
Like WOW , That i a lot to know. and good to know . If the i 's are not dotted or the t's are not crossed. Thank - You
@FrankLeoAndAssociatesАй бұрын
It's important to know everything that is involved to make a move without the stress and worry that may have experienced to their surprise and shock.
@kulaellison1379Ай бұрын
@@FrankLeoAndAssociates Yes, "Houseman" his nickname lost his house for similar reasons . He paid for an $75 thousands for an Emergency Hearing and still lost his house. In Bayview now he sleeps outside of his house and , his three cats sleep inside the house . He is not allow to go inside the house because the bank own the house Notice Queens Properties Now it is King and Queens properties. This adds to the Toronto Housing Crisis. "The Tables have Turned."
@tait7270Ай бұрын
The largest transfer of wealth on Canada's history in 2020. Conrad Black reported 60 percent lost income and 16 billionaires earned a 300 percent increase. The so called reset is a ponzi scheme pure and simple. Debt is always paid. Stop looking to the people who benefited and read Thomas Sowell.
@carminedesanto6746Ай бұрын
A. Vicious Circle
@bigbob2835Ай бұрын
Mulroney should thank God for his name and for who his father was because that talentless clown would be a nobody.
@kulaellison1379Ай бұрын
P. S . Is it fair to say Toronto has a "Housing Crisis" ?
@kulaellison1379Ай бұрын
Good Afternoon, The is a Surprise the Canadian default of mortgage payments. It like the Americans in the 1980-1990's. Where the bank % decrease is not enough for the average working person. A lot of people are no longer have full time work and have to take in rents to make ends meet. Including unexpected hidden taxes Surprise , emergency expense etc.
@kulaellison1379Ай бұрын
Good Day , That is a very out going approach to Real - Estate enterprise work . - Bonus 🎉
@bilalahmed2123Ай бұрын
In Mississauga, the market is strong. Not getting over asking or even asking but homes are still selling here as there is more demand than supply. I hope the rates come down in July 2024 again, so stuff like various variable mortgages and lines of credit debt can be easier on the pocket. Also for a lot of people facing renewals on their mortgages.
@kulaellison1379Ай бұрын
Good Afternoon, WOW that is a vast decrease 1.2% from what I been reading 5 % The banks know it is an "Election Year 2024" allowing other income brackets to enter the real-estate market = Bonus for the people🎉
@kulaellison13792 ай бұрын
Greeting, With the present government both renter & home owners etc, are banging their heads the wall - Election Year 🎉 2024.
@Aftersightgaming6 ай бұрын
If the home value is 580,000 and you were giving a customer a guaranteed price how much lower would you offer them from the appraisal price or would it be the same price
@nipanmacwan7 ай бұрын
hello! - please let me know if you are hiring in scarborough!
@FrankLeoAndAssociates7 ай бұрын
Of course! Give us a call at 416 917 5466 and we would be happy to discuss more.
@leahj95648 ай бұрын
Thanks ❤
@ms.gursharonsingh77568 ай бұрын
3% bro??? Really? Of sale price, or asking price?
@ms.gursharonsingh77568 ай бұрын
0:48 Please explain, in detail, why you think that home prices are 1.4% higher than last year
@FrankLeoAndAssociates8 ай бұрын
Hi, all data we are using is coming directly from the Toronto Region Real Estate Board reports. This is the data that they have compiled.
@danielcooper56988 ай бұрын
Yeah, but the question was why you think home prices are higher, not what the Real Estate Board is saying; they are incentivized to lie. Most properties I've seen sell, have sold for at least 10% under asking. Take the penthouse at 1 Palace Pier Toronto - asking $3.6M in January, sold for $2.4 in June.@@FrankLeoAndAssociates
@ChrisDallasDualped9 ай бұрын
Frank Leo is the BEST!!!
@ChrisDallasDualped10 ай бұрын
Frank you're looking better and better with age!!
@citizenm959011 ай бұрын
Do you think BoC will raise more rates and when do you think house price my bottom out?
@RamisTheRealtor Жыл бұрын
Hi Frank, thank you for sharing your valuable insight with us. This video was very helpful. Have a great weekend!
@maxarevalovideos9787 Жыл бұрын
Hi Frank, so glad I received your email with this link. This is really informative. Thank you for sharing this video.
@MajorNagra Жыл бұрын
Thanks Frank for the information. Regards
@robertsudoakpan7853 Жыл бұрын
Why is the market down
@leonorperez8723 Жыл бұрын
Good luck with upgraders, let me tell you some reality out here: we can't afford to buy. Question: what is your lecture if we (first buyers) don't buy? Keep selling to foreigners and you'll have a city with no cashiers, no students, nobody, just reach investors and some very poor servers around them
@iainc5092 Жыл бұрын
Very informative, hope to do a deal with the lion one of these days.
@johne.flanagan3737 Жыл бұрын
Wow, Hey Frank, investing in Real Estate is good however, one has to have a Down Payment to buy Real Estate! I invest in Securities to invest in Real Estate such as Brookfield Asset Management, Morguard Corporation and others! I called earlier this year when you had a call out for a Career in Real Estate? I'm going to give your Office a call, let's get together Frank?
@sylviafiorelli1384 Жыл бұрын
This was very helpful, thank you. It is also exactly what our disappointing experience this past spring and summer was like. We listed our dated (1956), 11-room raised bungalow, on a huge 45' x 200' lot, in the prestigious Lakeview Promenade area of Mississauga, a 5-minute drive from Long Branch GO Station for $1,249,000 and then for $1,150,000 and only got one offer of $950,000. The listing was NOT marketed in any way. We do not need to sell, but would prefer to. However, we will not give the property away. What do you suggest and what timelines do you recommend: fall 2022, spring 2023, or later?
Пікірлер
Still buying homes if they don't sell? 😂😂
Getting tough out there eh. The real estate industry is responsible for that million dollar mortgage in the first place. To greedy too fast.
1980s interest was 20%, 1990s, 8 to 9%. During those times, house prices were stable. When interest rates dropped below 5% in the 2000s, house prices quadrupled. You don't save any money with lower interest rates, it will be cancelled out with higher house prices. Let's also not forget that the capital gains tax inclusion rate was 75% in the 90s as well. Dropping it to 50% made it more attractive for investors to buy up houses as income properties, further driving up prices.
5% rates are the historical norm.
Good Afternoon, Wicked - Liberal & Canada Bank have trillions and need to share costs . With the family structure homes owners who are now renting out their homes . For their monthly mortgage costs or go look for "Loan Sharks" to meet their monthly needs . 🐟
Had a great experience when you guys sold our Woodbridge condo . Things have gotten tough out here …
Hello! Wonderful Summer atmosphere in the shade and carpet of green grass. Relaxation is welcome in the fresh air, well fried hamburger and competitions with laughter and joy. Let's be children again, sprinkle each other with water, hus each other with love like a dear special guest, Mini Man . Surely the moments will be unforgettable !.
Good Afternoon, Very good direction and to the point . Bonus 🎉
Good Afternoon, Happy July 🎉 Social Gathering - Stress Free Day . Bonus Time🎉❤🎉
Good Afternoon, Very good public speaking skills . Bonus🎉
Hi ! Dear B.G. congratulations for your seniority in doing well - 10 years - in F.L. & Associates team . Continue, to be blessed !
Frank Leo is an idiot.
Frank Leo is a snake oil salesman!! nothing more, the guy is greedy, now he is trying to come into the Barrie market, he is based in Mississauga, not enough business for him down there?
See no $1 listings so the r.e mkts must be doing well lol . Am waiting for -0.5% prime and banks to pay me to take a mortgage like in EU some years back
Ya don't worry frank will sell or he will buy..LOL
Good Morning, A question is the City of Toronto property taxes a issues. For future buys of houses / homes. If so the city needs to offer a yearly Coupon Day to equal the cost for all houses and home owners for properties. Plus are there properties that have Take As Is - Sales . Fixer Upper , selling only a half of a duplexes, etc. Thank you for the information and Have a Fun weekend Mr. Leo and Mrs Nancy Leo 🌹🌹
The new condo units are mostly tiny but they are ok. There are lot of single people people out there. 275 sqf with a parking space is enough for a single person. The problem is price. The cost is simply too high. If the price is between $250k-$300k then it is ok but the price is way beyond that.
Maybe we could vote in a party that emphasizes growing the economy through higher productivity and lower taxes so people could afford to get into the real estate market.
The condos built for investors are not suitable for homeowners. Think about that for a minute. How cheap does a crappy investor-built condo have to be before someone actually wants to live there.
I love the intro he’s not only a sponsor. So fitting.
b
Its okay, if he cant sell your condo, Frank Leo will just buy it
Good evening , there are contradiction with the recent condo market trend. That people find out sooner or later of hidden tax attached to condo's. Inluding condo's are subjected to Boards meeting like a co-op , government interference and maintenance cost. Where as a home owner a person can have a better "Peace of Mind" and more "Privacy" with out a third party interference. Seeking extra funds for thing such as maintaining the building the grounds etc. Where as a home owner generally do not pay themselves for lawn mowing their lawn, cleaning windows etc . House duty's they can do themselves and pay themselves with a nice cool beer and relax.
Like WOW , That i a lot to know. and good to know . If the i 's are not dotted or the t's are not crossed. Thank - You
It's important to know everything that is involved to make a move without the stress and worry that may have experienced to their surprise and shock.
@@FrankLeoAndAssociates Yes, "Houseman" his nickname lost his house for similar reasons . He paid for an $75 thousands for an Emergency Hearing and still lost his house. In Bayview now he sleeps outside of his house and , his three cats sleep inside the house . He is not allow to go inside the house because the bank own the house Notice Queens Properties Now it is King and Queens properties. This adds to the Toronto Housing Crisis. "The Tables have Turned."
The largest transfer of wealth on Canada's history in 2020. Conrad Black reported 60 percent lost income and 16 billionaires earned a 300 percent increase. The so called reset is a ponzi scheme pure and simple. Debt is always paid. Stop looking to the people who benefited and read Thomas Sowell.
A. Vicious Circle
Mulroney should thank God for his name and for who his father was because that talentless clown would be a nobody.
P. S . Is it fair to say Toronto has a "Housing Crisis" ?
Good Afternoon, The is a Surprise the Canadian default of mortgage payments. It like the Americans in the 1980-1990's. Where the bank % decrease is not enough for the average working person. A lot of people are no longer have full time work and have to take in rents to make ends meet. Including unexpected hidden taxes Surprise , emergency expense etc.
Good Day , That is a very out going approach to Real - Estate enterprise work . - Bonus 🎉
In Mississauga, the market is strong. Not getting over asking or even asking but homes are still selling here as there is more demand than supply. I hope the rates come down in July 2024 again, so stuff like various variable mortgages and lines of credit debt can be easier on the pocket. Also for a lot of people facing renewals on their mortgages.
Good Afternoon, WOW that is a vast decrease 1.2% from what I been reading 5 % The banks know it is an "Election Year 2024" allowing other income brackets to enter the real-estate market = Bonus for the people🎉
Greeting, With the present government both renter & home owners etc, are banging their heads the wall - Election Year 🎉 2024.
If the home value is 580,000 and you were giving a customer a guaranteed price how much lower would you offer them from the appraisal price or would it be the same price
hello! - please let me know if you are hiring in scarborough!
Of course! Give us a call at 416 917 5466 and we would be happy to discuss more.
Thanks ❤
3% bro??? Really? Of sale price, or asking price?
0:48 Please explain, in detail, why you think that home prices are 1.4% higher than last year
Hi, all data we are using is coming directly from the Toronto Region Real Estate Board reports. This is the data that they have compiled.
Yeah, but the question was why you think home prices are higher, not what the Real Estate Board is saying; they are incentivized to lie. Most properties I've seen sell, have sold for at least 10% under asking. Take the penthouse at 1 Palace Pier Toronto - asking $3.6M in January, sold for $2.4 in June.@@FrankLeoAndAssociates
Frank Leo is the BEST!!!
Frank you're looking better and better with age!!
Do you think BoC will raise more rates and when do you think house price my bottom out?
Hi Frank, thank you for sharing your valuable insight with us. This video was very helpful. Have a great weekend!
Hi Frank, so glad I received your email with this link. This is really informative. Thank you for sharing this video.
Thanks Frank for the information. Regards
Why is the market down
Good luck with upgraders, let me tell you some reality out here: we can't afford to buy. Question: what is your lecture if we (first buyers) don't buy? Keep selling to foreigners and you'll have a city with no cashiers, no students, nobody, just reach investors and some very poor servers around them
Very informative, hope to do a deal with the lion one of these days.
Wow, Hey Frank, investing in Real Estate is good however, one has to have a Down Payment to buy Real Estate! I invest in Securities to invest in Real Estate such as Brookfield Asset Management, Morguard Corporation and others! I called earlier this year when you had a call out for a Career in Real Estate? I'm going to give your Office a call, let's get together Frank?
This was very helpful, thank you. It is also exactly what our disappointing experience this past spring and summer was like. We listed our dated (1956), 11-room raised bungalow, on a huge 45' x 200' lot, in the prestigious Lakeview Promenade area of Mississauga, a 5-minute drive from Long Branch GO Station for $1,249,000 and then for $1,150,000 and only got one offer of $950,000. The listing was NOT marketed in any way. We do not need to sell, but would prefer to. However, we will not give the property away. What do you suggest and what timelines do you recommend: fall 2022, spring 2023, or later?