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Can you be denied a mortgage renewal?

January 29, 2020

Worried about being denied a mortgage renewal? Read this article to learn about reasons why your mortgage renewal could be denied & what to do about it. Being denied a mortgage renewal is possible and there are many reasons why th …

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Power of Sale: What is it and how to stop it

January 22, 2020

Power of sale can make it seem like you’re not in control of selling your home. Read this article to learn what it is & how to stop power of sale. Power of sale allows your lender to sell the subject property and be repaid f …

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Employment in Toronto

January 17, 2020

Toronto’s economy supports 1,569 million jobs. 1,178 million are full time and 390K are part time. The average wage of a full time worker in Toronto is just over $60,000. Job growth in Toronto has been healthy and consistent for …

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Can you use your mortgage for home renovations?

January 16, 2020

Ever wondered if you could use your mortgage for a home renovation? Here is more information about the process and benefits of doing it! The simple answer is yes! You can use your mortgage for home renovations. In fact, many people do …

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2020 set to be red hot for real estate in the GTA

January 7, 2020

Housing website Zoocasa recently got a decent amount of media attention when they released a blog outlining reasons for 2020 being a very hot year for real estate. In summary, Zoocasa is pointing to a lack of supply as the main reason …

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A snapshot of Toronto’s economy & construction sector as we wrap up 2019

December 20, 2019

In this blog post, Tembo will give its readers an overview of the state of Toronto’s economy and its major financial indicators. In this way, Tembo hopes to reveal the overall good shape, flexibility, and versatility of Toronto& …

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An Overview of Toronto’s HousingTO 2020-2030 plan

December 13, 2019

The City of Toronto is unveiling a broad, ambitious 10 year plan to address the major issues of homelessness, housing stress, and a lack of affordable housing options for tens of thousands of City residents. The plan seeks to pool tog …

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Emulating the Singapore model to boldly solve Toronto’s Housing crisis

December 6, 2019

Toronto is in the midst of full-blown housing crisis whose severity will soon stretch and tear at our City’s social fabric, inflame socio-political tensions, further erode our resident’s quality of life, and cripple long t …

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Canada’s population is exploding

November 27, 2019

Out country has had an interesting history of immigration stretching back hundreds of years. Throughout the late 19th century, immigration was modest compared to modern levels. Annual immigration averaged roughly 25-50,000, topping …

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What will happen in Washington?

November 22, 2019

We are rapidly approaching the 2020 U.S. Presidential election. What’s already been an eventful, heated, controversial, and at times militant last few years politically in the U.S. is only going to intensify. Donald Trump is fac …

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A deeper dive into the (re-ignited) housing boom

November 15, 2019

Real estate is red hot in the GTA again. The stagnant market conditions with meager gains in price and demand momentum has now been replaced with surging prices, demand, and overall momentum. Tembo has already noted that the psycholog …

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Ghost Condos in the GTA

November 8, 2019

The condo market has been booming for a generation in Toronto with a tiny blip recorded in the 07-09 slowdown. Condo flipping made thousands of savvy investors healthy profits throughout this boom, while our skyline has been transform …

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