July 30, 2014 16


Another Quality Home Renovation!

I suppose this should be a category all on its own, just like “Photos Of The Week,” but either way, I just can’t get enough of these “high quality” renovations, where the MLS listings describe mention “fully renovated” houses with “only the highest quality finishes.”

You won’t believe what you’re about to see.  Or, sadly, maybe you will.

Either way, if this is what represents quality in Toronto in 2014 for sloppy home-flippers…

Read More

July 28, 2014 5


Invest In Detroit?

A few years ago, the words “Detroit” and “real estate” were usually included in the punch-lines to jokes, but it seems that perhaps things are on the upswing in

What is your tolerance for risk?

Is now the time to go back to Detroit and start buying up land and abandoned properties for pennies on the dollar?  Or is that time further down the road, if that time exists at all?

Read More

July 25, 2014 8


How NOT To Sell Your Home

Wow, I’ve seen a lot of things in my time, but this experience was one for the books!

I don’t believe that out of the several thousand properties I’ve shown, I’ve ever met a seller quite like the one I met on Thursday.

As I told my buyers, who will be listing their own home if and when they buy, “This is a classic example of how not to sell your home.”

Market conditions aside, this is just nuts…

Read More

July 24, 2014 15


“Dear David: What Happened To Your Thursday Blog?”

I certainly hope by now that every single one of you knows about my “Pick5” feature that is published every Thursday.  It’s essentially my own 22-minute real estate TV show, except I don’t have to adhere to any watered-down format for television viewers, or have a writer or director tell me what to do.

Having said that, at least one reader out there isn’t aware of Pick5, and isn’t happy that I have seemingly “cut back” on my level of productivity.

Give a person a computer, and anonymity, and it’s amazing what comes out of their mouth…

Read More

July 23, 2014 23


Bank Of Canada: Helping or Hindering?

Is there anything artificial about the housing market in 2014?

Would you argue that low interest rates are the number-one reason for the growth in the housing market over the past few years, or is it truly about scarcity and the lack of supply coupled with increased demand?

After the Bank of Canada announced on Monday that the overnight lending rate will be kept at 1%, there were conflicting opinions on what this means going forward.

Read More

July 21, 2014 5

MLS Musings!

More MLS Musings!

There are some real winners in this edition, let me tell you!

From great salesmanship, to poor salesmanship, to terrible grammar, to something……something that you just can’t explain, and has to be seen – this edition has a little something for everybody.

I can’t believe this stuff is out there on MLS.  It’s embarrassing…

Read More