Sunday, April 25, 2010

Pressure to Beat HST and Increase of Interes Rates

The Real Estate Market in Toronto is so HOT, that I had to present offers to purchase a property for my most recent clients four (4) times, in four different properties due to the fact that for each listed property there were multiple Offers every time. No matter whether the sellers were holding offers or not, no matter how fast or early I showed the properties to my clients and registered the Offers, we'd always be involved in a multiple Offer situation.
Obviously every single buyer wants to beat the HST (New 13% Tax) and the increase of the Interest Rates that will kick in this summer.

No comments: