Elli Davis was recently part of a panel that spoke to Toronto Life about the real estate market. Her first piece of advice

PRE-QUALIFYING IS THE PRIORITY
Figure out your financing before you even start to look for a new home. Everything should be in order so you can be competitive when you go to make an offer. Ensure you’re pre-qualified for a loan, and then shop around. Financing conditions have been known to kill offers by unprepared people. Know what you can afford, and know all the hidden costs of buying, everything from reimbursing the seller for pre-paid property taxes to standard legal fees.

Click here for the full story