Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

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Homebuyers willing to sacrifice indoor space for outdoors

8/17/2017 | Posted in Home Buyers by Michael Antczak

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Outdoor living is becoming increasingly popular and a new poll shows that homebuyers are willing to have less indoor space if that means more room outside.

... More


Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

8/17/2017 | Posted in Real Estate Market by Michael Antczak

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'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More


Toronto home buyers and sellers play the waiting game

8/11/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto in mid-August feels like a city waiting with bated breath. The real estate market is drowsy and buyers and sellers are anxious to ... More


Refinancing is driver of new loans growth: CMHC

8/9/2017 | Posted in Mortgage News by Michael Antczak

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The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 ... More


Rise of the robot realtor? Canadians amongst the most 'digitally-active' homebuyers in the world

8/8/2017 | Posted in Industry Trends by Michael Antczak

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New technologies are transforming the way people in Canada and across the globe are buying a home, with significant implications for consumers and the property ... More


Toronto real estate market picks up after lull

8/6/2017 | Posted in Toronto Real Estate by Michael Antczak

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Home buyers in Toronto and some of the surrounding areas appear to be testing their mettle again after spending a few weeks on the sidelines. It’s too soon to tell ... More


Avoid These Common Mortgage Pitfalls

7/31/2017 | Posted in Home Buyers by Michael Antczak

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A home is the largest purchase most people will make in their lives. That should reinforce the importance of planning ahead, doing your ... More


Canada's economy accelerates, rate hike expectations grow

7/28/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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Canada’s economy accelerated far more than expected in May amid growth in the energy and manufacturing sectors, pointing to solid momentum in the second quarter ... More


The Bank of Canada hikes rate for first time in seven years

7/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The Central Bank raised its new target for the overnight rate to ¾% today, citing a confident financial outlook and above-potential ... More


TREB Member REALTORS® Release Monthly Market Report, Forecast Update And New IPSOS Consumer Survey

7/6/2017 | Posted in GTA Real Estate by Michael Antczak

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Toronto Real Estate Board President Tim Syrianos, in his first release as TREB President, announced TREB residential MLS® sales, listings and price statistics for ... More


The Facts Behind Toronto's Most Recent Real-Estate Frenzy

7/6/2017 | Posted in Toronto Real Estate by Michael Antczak

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New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight.

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GDP Grows a Sixth Month, Adding to Canada Rate-Hike Pressure

6/30/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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Canada’s economy grew for a sixth consecutive month with gains in a majority of industries, underlining the central bank’s view a durable recovery from an oil shock ... More


Homeowners worried over rate hike advised to lock in mortgages - experts

6/22/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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Homeowners with variable rate mortgages losing sleep over the increased chatter about a potential interest rate hike by the Bank of Canada should consider locking their rates ... More


U.S. Fed closing the door on low-rate mortgages in Canada

6/15/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More


Homebuyers who get family help report feeling less comfortable with their debt levels

6/7/2017 | Posted in Home Buyers by Michael Antczak

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Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from ... More


1 in 4 homebuyers had issues after purchase: Allstate

5/30/2017 | Posted in Home Buyers by Michael Antczak

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Costly repairs could be awaiting homebuyers as a new survey shows that owners may be missing some important factors when renovating or carrying out maintenance.

... More


Income volatility for 10 million Canadians: TD Bank Report

5/18/2017 | Posted in Financial Health by Michael Antczak

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Around 10 million Canadians say they have experienced moderate to high levels of income volatility in the past year.

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Mortgage rates continue to defy expectations as Trump runup fizzles

4/28/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted.

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More People Are Buying Toronto Real Estate That Shouldn't, And Half Are At Risk of Defaulting

4/27/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.

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Activity in Canada's largest urban centres encouraging local buyers to relocate to surrounding markets : Re/Max

4/25/2017 | Posted in Real Estate Market by Michael Antczak

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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More


Buyer's remorse: Most millennial homeowners are house poor and want to sell

4/24/2017 | Posted in Home Buyers by Michael Antczak

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Many millennials face the understandable apprehension that they may never be able to afford a home in a market that’s continually surging to new heights.

... More


Single Canadians make up a quarter of homebuyers

4/13/2017 | Posted in Home Buyers by Michael Antczak

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Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ... More


Bank of Canada maintains overnight rate target at 1/2 per cent

4/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More


Cool Toronto's market by cutting tax - not raising it

4/12/2017 | Posted in Toronto Real Estate by Michael Antczak

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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

... More


Many Toronto homebuyers skipping inspections

4/4/2017 | Posted in Toronto Real Estate by Michael Antczak

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In Toronto, some homebuyers are so desperate to win bidding wars they're rushing to make offers without even getting an inspection. The average price for a detached home ... More


Regulator launches broker database

4/4/2017 | Posted in Home Buyers by Michael Antczak

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Homebuyers can now view their potential broker’s regulatory record in a now online portal, which allows consumers to search broker and company names to view disciplinary ... More


Sousa promises measures to cool Ontario's overheated housing market

3/28/2017 | Posted in Ontario Real Estate by Michael Antczak

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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

... More


Mortgage premium hikes reduce case for borrowing to boost down payment

3/20/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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With mortgage insurance premiums rising, homebuyers whose down payments are just shy of 20 per cent may be considering whether to tap extra sources of credit in order to avoid ... More


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