Preeti Saraswat

[Daniel Foch @danielfoch]

SALES UP, PRICES DOWN

Toronto home sales jumped 9.4% in June, and if you work in real estate, you know exactly what's going to happen next. The industry is going to reach for the bull case, and they already have, they say, prices are going to start going up or getting closer to the bottom.

Watch the full breakdown on YouTube.

#CanadianRealEstate #HousingMarket #RealEstateInvesting #Realist

[Hinato @opsylojay1]

I applied that night. Got the interview. Got the job.
My old boss never called me in to fire me. Called to promote me.
I turned it down.

I stopped tipping $5. Started paying $500 for coffee with him every month.
Now he consults for my new company 2 hours a week. Remote.

Moral: The person everyone looks down on
might be the only one looking out for you.”

[Robert Marsiglio @rob_siglio]

Monday months of GTA resale housing inventory 🧵

(change from last week)

TO Free: 3.45 (🔻0.18 or 5.07%)
TO Condo: 5.69 (🔻0.14 or 2.46%)
Durham: 3.54 (🔻0.38 or 9.58%)
York: 4.61 (🔻0.40 or 7.92%)
Peel: 5.03 (🔻0.10 or 1.90%)
Halton: 3.88 (🔻0.13 or 3.19%)

1/7

[Ron Butler @ronmortgageguy]

All that said many people have a desperate desire to buy a home

And many have held off waiting for a chance

If personal circumstances press you to buy a Low-Rise be careful

But understand this: a year from now the house may be worth LESS

And prices can stay FLAT for YEARS

[̶P̶A̶R̶L̶A̶ 🇹🇷 @PARLAvd]

Afrika'da küçük bir çocuk, bölgesine yemek dağıtmak için gelen misafirin kucağına başını koyarak ağladı.

Güzel çocuk her şeyin en güzelini o kadar çok hakediyorsun ki 🥹🥹

[Ron Butler @ronmortgageguy]

Insolvencies, Bankruptcies, Foreclosures & Power Of Sales Will Continue: They Won't Level Off For Awhile

We've seen constant, rapid rise in Insolvency Filings & homes being lost to lenders: these Financial Disasters will continue to accelerate into 2027

Here's why:

2/

[Preeti Saraswat @SeharPreeti]

@MarioNawfal Adorable 🙂

[Crazy Vibes @CrazyVibes_1]

July 26, 2020. A beach near Collingwood, Ontario.

Sixteen-year-old Jamey Ruth Klassen was supposed to be enjoying a quiet family vacation beside the icy blue waters of Georgian Bay.

Farther out on the lake, a man named Christopher Robertson had taken his kayak out alone for a peaceful paddle. Then the kayak filled with water and flipped.

Suddenly, he was stranded in the freezing bay, clinging desperately to the overturned hull while shouting for help.

Jamey didn’t hear him directly.

What she heard instead were strangers nearby calling 911, panicking about a kayaker who had disappeared beneath the surface and wasn’t coming back up.

Most teenagers would’ve stayed on shore.

The water was brutally cold. The distance looked impossible. Lifeguards and paramedics were already being called. Waiting would’ve been understandable.

Jamey never waited.

She ran toward the water and dove in.

Alone, she swam nearly 600 feet through Georgian Bay — the distance of two football fields — pushing herself farther and farther from shore toward the empty kayak floating in the distance.

By the time she reached it, Christopher Robertson was gone.

Then Jamey looked down.

Through the clear Canadian water, she could see him lying motionless twelve feet below on the lake floor.

She took one breath.

And dove.

The cold tightened around her body instantly as she reached the bottom. She grabbed Robertson beneath both arms and forced herself upward, dragging his unconscious body back toward the surface.

He wasn’t breathing.

His body hung limp in the water.

Jamey refused to let go.

She turned him onto his back, balanced his head against her shoulder, wrapped one arm across his chest, and began swimming him toward shore using only one arm and her legs.

Every second became harder.

Her muscles burned violently. Her lungs screamed. She had no formal lifeguard certification because the pandemic had canceled the courses she planned to take that summer.

Still, she kept kicking.

Then fear hit her.

Jamey realized she might drown beside him before reaching shore.

Exhausted and losing strength, she used the last thing she still had left:

Her voice.

She screamed for help.

A nearby paddleboarder heard her cries and rushed across the water. Together, they lifted Robertson onto the board while Jamey, shivering and exhausted, swam the remaining distance alone.

Onshore, police officers and paramedics immediately began CPR.

Moments later, Christopher Robertson started breathing again.

He survived.

Nearly a year later, Jamey Ruth Klassen received the Carnegie Medal — North America’s highest civilian honor for heroism. Out of millions of people, only eighteen recipients were chosen that year.

But Jamey barely spoke about herself afterward.

Instead, she used the scholarship money from the award to attend nursing school at McMaster University, quietly continuing the same instinct that had driven her into the freezing water that day:

If someone needs help, you go.

No hesitation.
No spotlight.
No waiting for someone braver.

Just a sixteen-year-old girl who saw a stranger drowning… and decided his life mattered more than her fear.

[Robert Marsiglio @rob_siglio]

Monday months of GTA resale housing inventory 🧵

(change from last week)

TO Free: 3.04 (🔻0.09 or 2.85%)
TO Condo: 5.56 (⬆️0.43 or 8.43%)
Durham: 3.46 (⬆️0.02 or 0.38%)
York: 5.02 (🔻0.24 or 4.53%)
Peel: 4.85 (⬆️0.05 or 1.07%)
Halton: 3.88 (🔻0.15 or 3.17%)

1/7

[red pill rick @igetredpilled]

Adjusted for inflation we’re down 28% - by far the biggest crash in Canada’s history.

[Shazi @ShaziGoalie]

A friend of mine is a GTA home inspector.

Saw him last night and asked how spring market is going.

His answer:“Dead. Dead dead.”

Think about what that means.

No inspections = fewer conditional offers.
Fewer conditional offers = fewer real buyers moving.

The people who feel a housing slowdown first usually aren’t economists. They’re the ones who only get paid when homes actually sell.

[Ron Butler @ronmortgageguy]

Will Higher Fixed Mortgage Rates Slow Down An Already Slow Spring Real Estate Market? PROBABLY

Thing is when you're coming off ridiculously low 2025 Home Sales numbers in BC & Ontario: a very small increase in resales is inevitable

But very bad news for Mortgage Renewers

2/

[Preeti Saraswat @SeharPreeti]

@ShaziGoalie What a waste of time !

[George Pu @TheGeorgePu]

Ceasefire announced. Oil dropped 9%.

Everyone's watching oil.

No one's watching fertilizer.

30% of the world's fertilizer moves through Hormuz too.

Closed for weeks. Fertilizer didn't ship.

Planting season started without it.

No fertilizer. Less crops. Food prices spike.

We pay extra dollars for groceries.

Africa and South Asia pay with meals.

The ceasefire opens the strait.

It doesn't restart planting season.

The bill always comes later.

[Preeti Saraswat @SeharPreeti]

@ronmortgageguy 💐

[Preeti Saraswat @SeharPreeti]

@LandlordRescue on every wash of the affected area -- apply coconut oil over surface -- top it with Sudocream ...thick layer every time ...(Available at Walmart ) ..will need 2 days for improvement... continue use till toddler is in diapers..gud 🤞

[Preeti Saraswat @SeharPreeti]

@RishiKBakshi Thanks 👍

[Preeti Saraswat @SeharPreeti]

@ShaziGoalie 😱

[Shazi @ShaziGoalie]

🚨 1990s housing crisis… round two.

Buyers now have a new risk in Canada’s housing market.

The seller might not even be able to afford to sell.

Some deals are collapsing because the sale price doesn’t cover the seller’s debts, penalties, taxes, and loans.

In one case, the buyer had to put in extra cash just to close.

[Ron Butler @ronmortgageguy]

The Trickery Never Ends In Real Estate Sales: Let's List The House The House For $250K Less Than We Will Take

For the last 20 years Residential Real Estate has used some of the worst Sales Tactics

Not every Realtor does this but too many do it endlessly

Fake list prices

2/