SEASONS AND GENERATIONS. TIME FOR A CHANGE.
Fall has ushered in new options for first-time buyers. The cap on insured mortgages with less than a 20% deposit will increase from $1 million to $1.5 million. With interest rates dropping and new 30-year amortization terms, it will help reduce monthly costs, making it easier to enter the market.
As a team of four women, we've recently recognized that each of us plays the role of matriarch in our families. Holiday family gatherings highlight how our loved ones are doing. If you're fortunate to have your parents, you may be navigating how best to care for them. Whether it involves repurposing existing space, seeking in-home help, or selling their beloved family home, we know firsthand how to help and can share our resources with you. A holiday post from our colleagues at Discerning Seniors offers some first steps.
Residential real estate prices are expected to rise in 2025 as lower interest rates take effect and incentives roll out. If you, or someone you love, have been sitting on the sidelines contemplating your next move, we can help you get started. With over 50 years of combined experience, the Doorey Chu Real Estate Team has the unique skills needed for each generational move and can care for your family with patience, kindness, marketing finesse and the negotiation power you need at the table.
As we give thanks this weekend, may you play with a child, hug a teen, listen to an elder...and eat pie. It is what homes were made for.
DCT October Newsletter Includes:
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TRREB Greater Toronto Area (GTA) Stats
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Key Changes to Mortgage Policy
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Tips to Keep Elderly Parents Safe in Your Family Home
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If The Walls Could Talk
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Sleeping on the Street to Help Homeless Youth
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Sotheby's International Realty Homes For Sale
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Doorey Chu Team - In The News
Lisa Marie, Linda, Lori and Cherry
