Richard Silver

Mortgage Category

Your Finances: A New Approach to Home Ownership & Finances

President's Resale Homes & Condos Column TREB President's Column as it appears in the Resale Homes & Condos August 6, 2011 -- As I begin my term as president of the Toronto Real Estate Board, I am excited to use this column to arm homebuyers and sellers with information that will help consumers make informed decisions when it comes to real estate. For most people, buying a home represents an opportunity for a fresh start and ours is definitely a city that embraces...Continue Reading...

Canada Mortgage and Housing Corporation: Toronto Housing Outlook

Yearly the Canadian Mortgage and Housing Corporation releases a Greater Toronto Housing Outlook. It is a great resource as it mashes together information form different sources of data including sales data from The Toronto Real Estate Board. Canada Mortgage and Housing Corporation: Toronto Housing OutlookView more documents from Richard Silver.Check out their web site and sign up to receive these regularly.Continue Reading...

Toronto Real Estate Board: C.D. Howe Commentary

Here is a commentary from TREB  about a study by the C.D. Howe Institute . It points to the misconception that the Canadian Real Estate Market is doomed to follow the U.S. Real Estate market in the next few months. Here are their thoughts: (more...)Continue Reading...

Toronto Real Estate: Opportunity Knocks!!

There are some great opportunities in the Toronto Home Market right now. Here is a great thought from my favourite Mortgage Broker, David Smith of Oriana Financial. (more...)Continue Reading...

Toronto Real Estate: Love Your Mortgage Broker!

Over the years of my buying and selling, and that of my clients, I have established a very strong rapport with my Mortgage Broker. I can count on him to give me good advice, be conservative when I am on a flight of fancy, or feed me the realism that an insecure cockeyed optimist needs when I get down about my personal market exposure. (more...)Continue Reading...

Mortgages and The United States Economy…

There is a Big Cow (not an Elephant) in the room when any discussion takes place about the US and its present credit crisis. Neither the Democrats nor the Republicans will touch this Holy Cow; Mortgage Interest Deductibility. At its conception in the early 1900's it was a great boon for a young growing economy but what it has created is a Society that has flourished on great amounts of debt. A Canadian will proudly tell you that their Mortgage is paid...Continue Reading...