Price Drops & Pogo Sticks: Navigating Toronto's Real Estate Market in August Join Mark and Joey on episode 64 of the Toronto Living's podcast as they return after a brief hiatus. In this episode, Mark and Joey catch up on their recent activities and unveil where they've been over the past few weeks. They dive into August's real estate market update, revealing some interesting opportunities in the Toronto condo world and discussing the impact of recent rate cuts. Along the way, they share exciting food experiences, including trips to Bellwoods Brewery and the Ex, as well as Joey's unexpected discovery of the best burger in town. Plus, enjoy their entertaining references to WWE and the Sopranos. Don't miss this fun-filled episode packed with valuable insights and lively conversations about Toronto real estate, food, and more! (00:00) Introduction and Episode Overview (01:05) Welcome Back and Catching Up (03:04) Food Adventures in Toronto (16:40) Market Update and Real Estate Insights (22:17) Exciting News and Upcoming Projects (26:13) Joey's Pro Tip: Keep Your Eyes on the Sky (26:27) August Real Estate Market Overview (26:47) Sales and Transactions Analysis (28:02) Active Listings and Inventory Trends (29:02) Price Drops and Market Insights (31:13) Condo Market Takes a Hit (39:52) Months of Inventory Explained (42:13) Buyer and Seller Advice (45:17) Sopranos and Sleep: A Tangent (52:54) Final Thoughts and Shout Outs Show Notes Papamio's 934 Manning Ave, Toronto, ON M6G 2X4 papamios.com Philthy Phillys https://philthyphillys.com/ Bellwoods Brewery 124 Ossington Ave https://bellwoodsbrewery.com/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

Join Mark Savel and Joey Virgilio in episode 63 of the Toronto Livings podcast as they dive into heated discussions about the inefficiencies of Toronto's landlord-tenant board and the complex issues surrounding rental market policies. The hosts share personal stories from the Toronto real estate scene and debate the pros and cons of damage deposits and prepaying rent for a competitive edge. Emphasizing the need for policy reform and a balanced approach, they offer practical solutions, tips on navigating frustrating delays, and a passionate vent session on improving the housing market. The episode also includes lighter moments, such as a hot sauce challenge and various shout-outs. Don't miss this packed episode full of insights and real-life examples. (00:00) Introduction and Episode Overview (01:35) Landlord and Tenant Board Frustrations (02:11) Weekly Catch-Up: New Food Spots (09:32) Fishing Adventures on Lake Ontario (14:43) The CNE: Food and Fun (25:17) Landlord-Tenant Board: Issues and Solutions (30:58) The Nine-Month Wait: A Tenant and Landlord Nightmare (31:51) Speeding Up the Process: Urgent Matters and Overhauls (32:50) Real-Life Example: The Cost of Delays (33:46) Naming Conventions: Simplifying the Forms (35:20) Flowcharts and Legal Newsletters: A Helping Hand (38:15) Common Mistakes: The Brutal Consequences (41:46) Eviction Rules: Tightening the Regulations (42:23) The Philosophical Side of Renting (49:01) Selling a Tenanted Property: The Risks Involved (01:02:04) Prepaying Rent: The Gray Area (01:09:24) Final Thoughts and Shoutouts SHOUTOUTS Captian Tal - Reel Rush Fishing Charters https://www.reelrushfishing.com/ Yaffa Shawarma & Falafel - http://www.yaffashawarma.com/ Midnight Cookie - http://www.midnightcookie.ca/ Zachary Soccio-Marandola (Form Flow Chart) https://www.socciomarandola.com/our-ltb-cheat-sheet-removes-the-legal-jargon-for-you/?ref=realtor-r-newsletter Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

In Episode 62 of the Toronto Livings Podcast, Mark Savel and Joey Virgilio dive into the July real estate market numbers, unveiling a not-so-optimistic outlook. Beyond the market updates, the hosts share anecdotes about their week, including Joey's newfound love for Midnight Cookies and Marks frustrating trip to Innisfil, Ontario, which leads to a rant about their stringent resident-only beach parking policies. The episode also discusses broader economic impacts, like the recent dip in the Japanese market and its potential effects on Toronto's future real estate trends. Lively and informative, this episode blends market insights with personal stories, making for an engaging listen. (00:00) Introduction and Episode Overview (01:21) July Market Update Introduction (02:08) Innisfil Beach Incident (09:34) Midnight Cookie Obsession (13:28) Market Crash and Economic Concerns (16:55) Real Estate Market Analysis (20:38) Condo Market Opportunities (21:30) Quarterly Market Review (22:41) Sales and Price Trends (23:55) Inventory Analysis (26:22) Housing Crisis Debate (30:27) Market Sentiment and Predictions (41:16) Shoutouts and Closing Remarks Shoutouts Midnight Cookie - http://www.midnightcookie.ca/ Innisfil Parking Lot Rules - https://innisfil.ca/en/living-here/re... Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: / torontolivings Joey Virgilio: / joey_torontolivings