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Toronto Realtor Sam Kamra Says Some Homeowners Planning to Sell Within 3 Years Should Consider Selling Now and Renting Instead
New York, USAFor Greater Toronto Area homeowners who already plan to sell within the next two to three years, waiting for property values to climb may not be the safest financial strategy. While traditional real estate advice often encourages holding property through market fluctuations, experienced Toronto Realtor Sam Kamra points out that selling sooner and renting temporarily could […]
New York, USA
For Greater Toronto Area homeowners who already plan to sell within the next two to three years, waiting for property values to climb may not be the safest financial strategy. While traditional real estate advice often encourages holding property through market fluctuations, experienced Toronto Realtor Sam Kamra points out that selling sooner and renting temporarily could protect equity and leave property owners in a far stronger position. Homeowners evaluating their options can also review his official profiles on RE/MAX Millennium, Agent Pronto, and RateMyAgent.

His position is notably cautious for someone whose core business relies on real estate transactions. Kamra believes the GTA housing correction still has further to run across several key sectors, expecting underperforming property segments to remain under pressure before finding a sustainable floor.
“Real estate is how I make my living, so I’m probably not the person people expect to hear saying that owning isn’t necessarily the best financial decision right now,” Kamra states. “I’m not telling every homeowner to sell. I’m saying that if someone already knows they’re probably selling within two or three years, they should run the numbers today instead of automatically assuming their property will be worth more simply because they waited.”
While other market analysts present more optimistic scenarios, Kamra’s argument centers on the reality that headline sales figures do not yet capture the full weight of economic pressure compounding underneath the surface.
Household Financial Stress and the Impact of High Leverage
A major factor influencing the GTA housing market is the growing financial strain on property owners. Many homeowners who historically maintained clean credit profiles are now struggling to carry substantial mortgage balances alongside elevated daily expenses. Accumulating consumer debt, vehicle financing, revolving credit lines, and rising property taxes are compounding monthly carrying costs.
This risk extends across all demographics and income brackets. High-income households that took on significant leverage during periods of inexpensive credit are now vulnerable as mortgages renew at current rates. The core challenge with debt leverage is that while it feels manageable when valuations appreciate, it rapidly works against the owner when property values stagnate or drop.
For a deeper look at alternative financing structures and private lending considerations when conventional options tighten, review the detailed private mortgage guide for Canadian homeowners. As noted on his Vaughan real estate agent page, navigating complex credit setups requires proactive planning.
Financial distress does not immediately show up on the MLS database. Property owners typically exhaust personal savings, credit cards, and secondary loan channels before reaching the point where selling becomes mandatory. Consequently, ongoing financial pressures will continue filtering into the resale market over an extended period rather than resolving overnight. Additional context on regional housing dynamics and financial risk management can be found on SamKamra.org and SamKamra.co.
Rising Power of Sale Proceedings and Motivated Inventory
Another key indicator shaping market conditions is the growth in Power of Sale listings across Ontario. Under Ontario’s mortgage enforcement framework, lenders can initiate a power of sale to recover outstanding principal when a borrower defaults on loan terms.
Unlike standard home sellers who can pull their listing off the market if an offer falls short of expectations, institutional and private lenders are legally obligated and focused primarily on capital recovery. While distressed properties do not dominate overall inventory, their steady presence creates motivated seller competition and establishes lower comparable sales prices that impact surrounding property values.
“Normal sellers can look at the market and decide they don’t like the price, so they take the house off the market and wait,” Kamra explains. “A lender dealing with a mortgage default has a different problem. Eventually, they need to recover their money.”
Because mortgage legal enforcement takes months to process, distressed inventory enters the market gradually. Those seeking immediate alternatives during market shifts can explore direct cash home sale solutions for expedited transitions.
Out-of-Province Migration and Evolving Demographics
Another noticeable trend across active transactions involves homeowners selling prior to relocating outside Ontario or Canada entirely, with some stating they have no immediate plans to return.
While individual client experiences do not represent national migration statistics, the frequency of these occurrences highlights changing homeownership dynamics. While population growth has historically supported baseline housing demand, immigration alone does not automatically equate to immediate purchasing power. Prospective buyers still require sufficient income, pristine credit profiles, substantial down payments, and confidence to purchase properties at current price levels.
“Canada is competing with the rest of the world for people and capital,” notes Kamra. “We can’t simply assume that everyone who comes here will stay here forever or that every new resident will eventually become a homeowner at today’s prices.”
Evolving remote work structures and global mobility have given professionals and entrepreneurs greater flexibility when deciding where to allocate their wealth and build their lives.
Relationship Changes and Unplanned Listing Conversations
Relationship breakdowns are also appearing more frequently in listing conversations. Situations involving separation or divorce often require turning a long-term primary residence into a time-sensitive transaction.
When a couple separates, maintaining two separate households creates an immediate financial strain. Circumstances such as job changes, business difficulties, and family restructurings reinforce why local housing markets cannot be measured exclusively through headline price statistics.
“Real estate doesn’t operate separately from people’s lives,” Kamra says. “Financial problems, relationship changes, employment issues, and business difficulties eventually show up in housing transactions.”
Shifts Within the Real Estate Industry
Changing conditions are also altering the real estate profession itself. Data from the Real Estate Council of Ontario reflects a noticeable decline in active registrants compared to peak years, alongside fewer new license applications.
Slower transaction cycles highlight the hidden overhead costs agents assume when bringing a property to market. Professional staging, high-end photography, cinematic video production, targeted digital campaigns, and media distribution require significant upfront capital before a sale closes. Industry professionals across the GTA—including top local agents like Danielle Desjardins, who also maintains a profile on Royal LePage Signature Realty—frequently emphasize the importance of strategic positioning, effective pricing, and comprehensive marketing to navigate these changing market conditions successfully.
In competitive conditions, staging expenses can easily exceed $10,000, accompanied by thousands more in media production and advertising. If a property remains unsold, those upfront expenses represent direct losses absorbed by the agent. After factoring in marketing costs, brokerage splits, and administrative overhead, gross commission figures can shrink considerably. While agent numbers do not directly dictate home prices, they reflect how significantly the operational environment has changed compared to past boom cycles.
Pre-Construction Condos Present a Serious Mathematical Challenge
The GTA pre-construction condominium market faces particularly complex headwinds. For years, buyers purchased pre-construction units with the intention of assigning the contract before final closing or securing long-term tenant coverage upon completion. That strategy relies heavily on continuous asset appreciation.
Consider a hypothetical buyer who signed a pre-construction contract for $900,000 and paid a 20% deposit ($180,000). If the completed unit appraises at $600,000 upon occupancy, the valuation gap reaches $300,000.
Surrendering the $180,000 deposit still leaves a $120,000 shortfall, excluding land transfer taxes, development charges, legal costs, and closing adjustments.
“The easy assignment market we saw during the boom is essentially gone from what I’m seeing in Ontario,” says Kamra. “You can’t fix bad mathematics by offering a bigger commission. A new buyer is going to ask why they should assume an old contract at a much higher price when they may be able to buy a comparable resale property for substantially less.”
When a strategy relies entirely on rising prices before final closing, appraisal shortfalls quickly create severe exposure for purchasers. Current platform availability and market listings can be cross-referenced directly on Listing.ca.
Evaluating Renting as a Smart Financial Strategy
Evaluating renting requires looking past the long-standing belief that tenant payments are simply lost money. A clear financial calculation distinguishes between mortgage principal—which builds equity—and non-recoverable carrying costs.
Non-recoverable costs include mortgage interest, property taxes, structural insurance, maintenance, emergency repairs, and ongoing condo fees. When property values decline or plateau, these carrying costs represent unrecoverable financial outflows.
Homeowners planning to sell within three years should compare their total non-recoverable ownership costs against the annual cost of leasing a similar home. In many GTA neighborhoods, renting a comparable residence costs noticeably less each month than carrying that same property with a substantial mortgage. The monthly capital saved can be preserved, deployed into liquid investments, or used to eliminate outstanding higher-interest debt.
Evaluating the Risks of Selling Early
Selling a property and transitioning to renting carries its own set of trade-offs. If the GTA market experiences unexpected rapid appreciation over the next three years, an owner who sells today risks missing out on equity gains and facing higher entry prices if they choose to re-enter later.
“There is no decision without risk,” Kamra emphasizes. “The important thing is to run both scenarios instead of assuming that owning automatically wins.”
An owner who delays an inevitable move could absorb further price adjustments while continuing to pay mortgage interest, property taxes, maintenance, and carrying costs. Homeowners should always consult qualified legal, accounting, and financial planning professionals before finalizing decisions regarding property assets and sale proceeds.
Long-Term Homeownership vs. Short-Term Investment
Real estate decisions depend heavily on timeline and core intent. Purchasing or holding a property you can comfortably afford for 10, 15, or 20 years provides community stability, personal autonomy over your living space, and insulation from short-term market fluctuations. Long-term homeownership remains a cornerstone of personal security.
“If someone loves their home, can comfortably afford it, and wants their family living there for the next 15 years, I wouldn’t tell them to sell because I think prices might decline over the next couple of years,” Kamra clarifies. “That’s a home first and an investment second.”
However, holding an unwanted property solely as a short-term speculative asset carries distinct risks. For ongoing commentary and insights into market timing, follow Sam Kamra’s blog or explore additional resources on SamKamra.net.
Homeowners Planning to Sell Should Run the Numbers Today
The takeaway for GTA homeowners who expect to move within two to three years is to run a thorough financial comparison today.
Calculate your complete ownership costs—interest, taxes, maintenance, fees, and insurance—and measure them against leasing an equivalent residence. Factor in current equity, evaluate potential valuation scenarios, and assess how liquidity aligns with your broader financial goals.
“My personal view is that Toronto and the GTA still have more correcting to do before we reach a sustainable bottom,” Kamra concludes. “If you’re holding a property you already expect to sell within three years because you assume it has to be worth more by then, that’s a completely different conversation. Sometimes the smartest real estate decision isn’t buying another property or holding onto one because that’s what everyone has always told you to do. Sometimes it’s having liquidity, lowering your obligations, and being patient enough to wait for the next opportunity.”
For personalized advisory services, strategic market evaluation, or direct property acquisition options across the GTA, connect directly with Sam Kamra at RE/MAX Millennium Real Estate.
Media Contact Details
Sam Kamra
Email: Send Email
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Tyrannus Angel Awards Announces 2026 Official Selection Celebrating the Human Spirit in AI Film
LOS ANGELES, CASelected from 636 submissions across 84 countries, 34 films advance ahead of the October 24 awards presentation at AI Film Summit Los Angeles 2026.
Selected from 636 submissions across 84 countries, 34 films advance ahead of the October 24 awards presentation at AI Film Summit Los Angeles 2026.
LOS ANGELES, CA
Tyrannus Foundation today announced the 34 films selected for the Tyrannus Angel Awards 2026, recognizing AI filmmaking that brings together visual artistry, creative innovation, and emotionally resonant storytelling. Chosen from 636 submissions representing 84 countries, the official selection reflects the growing ability of creators around the world to use AI to tell stories that move, inspire, and connect audiences.

The final award recipients will be announced on October 24 during AI Film Summit Los Angeles 2026 at City Club Los Angeles.
A Place for Ideas. An Opening for Creators.
The name Tyrannus draws inspiration from the story of Paul teaching and engaging in dialogue at the school of Tyrannus. For Tyrannus Foundation, that legacy carries the spirit of a “Prince’s Academy”: a place where people from different backgrounds exchange ideas and create an influence that reaches across faiths, nations, and cultures.
“Angel” connects that vision to Los Angeles, the City of Angels. Beginning in the city that is home to Hollywood, the Awards aims to open a new doorway into the world of film for creators whose stories might previously have remained beyond the reach of traditional production.
As AI expands what filmmakers can create with limited resources, Tyrannus Angel Awards seeks to help meaningful stories find an audience—and help the people behind them find recognition, encouragement, and support. Its ambition extends to the communities those creators come from: that a filmmaker whose voice is recognized on a global stage can carry that encouragement home, illuminating new possibilities for others.

Recognizing the Humanity Behind the Image
The 2026 selection was guided by five considerations: visual artistry, the creative use of AI technology, storytelling ability, emotional impact, and the expression of hope and humanity.
According to the Foundation, this year’s submissions included many works with exceptional imagery and sophisticated production techniques. The final selection places particular emphasis on how those creative achievements serve the story and shape the audience’s experience.

The 34 selected films were chosen for their ability to leave an impression: a moment of recognition, a feeling of warmth, a renewed sense of possibility, or the pleasure of being drawn into an engaging story. The Awards values films that can entertain while giving audiences something meaningful to carry with them.
For the Foundation, these works demonstrate the emotional range emerging within AI filmmaking. Through the images and production methods, viewers can encounter the feelings, humanity, and creative soul of the people telling the stories. That connection between creator and audience is central to what Tyrannus Angel Awards seeks to recognize.

2026 Official Selection
The following works are listed in announcement order, without ranking. Inclusion in the official selection does not indicate a final award. Award recipients will be announced on October 24.
- Unbreakable — Sebastian Rangel, United States
- Candy — Jiaze Li, United Kingdom
- Apocalypse Squad — Chao-Hsien Tseng, Taiwan
- ENOUGH — Julia Martin, Russian Federation
- Gabbit A Promise Kept — Wonnam Chai, South Korea
- If Stars Could Fall — Hsu Tien Hsiang, Taiwan
- INCUBUS — Julien Prevost, France
- Nostalgia — Guillermo Jose Trujillo, Colombia
- PRIZMA 1984 — Victor Korchik, United States
- Noor — Nishtha Shailajan, India
- PARADISE ISLAND — MEHMET ALİ POYRAZ, Türkiye
- The Pastor Says — Mikhail Wolkonsky, United Kingdom
- Know you again — Arnaud Tardy, France
- Peking Opera Paradise — Jiayang Liang, China
- THE THREAD — Sheikh Jayed Bin Noor, Bangladesh
- The First Dance — Leopoldo Joe Nakata, Brazil
- Damascus Call (AI Shortfilm) — Abin Alex, India
- Simple Things — Randell J Jackman, United States
- -BLUE- — TAEJOO PARK, South Korea
- ALEX&PROTO — Mark Vilther, Israel
- Diary of an exoplanet biologist — Dongyuan Ma, China
- The Strawberry Cake — Bluesky Lan, United States
- Kathársis: Reclaim the future — Guillermo Jose Trujillo, Colombia
- The Silent Protector — Kanishk Deshwal, India
- HOPE — Nabil El Allouche, Morocco
- ECHO — Yassine Temime, Tunisia
- 《MISSION MUST ARRIVE》 — Zhui Zheng, China
- L’Ultimo Volo — Leonard Menchiari, Italy
- Silent Friends — Enyu Tao, China
- Monkey King Legend — Emre Altay, Türkiye
- SKUGGADALR: The Valley of Lost Shadows — Guillermo Jose Trujillo, Colombia
- THE BIN CHICKEN — Sejun Hwang, Australia
- Kami — Dominic Higgins, Ian Higgins, United Kingdom
- Loud silence — Ihor Khoroshylov, Ukraine
Nine Awards Across Three Categories
Tyrannus Angel Awards 2026 will present nine awards recognizing achievement in directing, screenwriting, and production:
- Original: Best Director, Best Screenplay, and Best Production.
- Adaptation: Best Director, Best Screenplay, and Best Production.
- Animation: Best Director, Best Screenplay, and Best Production.
Four special nominations will also be announced. Their specific titles will be revealed with the final results on October 24.

From Recognition to an Audience
The Tyrannus Angel Awards presentation will take place during AI Film Summit Los Angeles 2026, presented by Tyrannus Foundation on October 24, from 1:00–7:00 PM at City Club Los Angeles.
Award-winning films will be shown in the Summit’s Screening Room and featured on AISCENIX through dedicated creator showcase pages, providing a place for audiences to discover the work and the filmmakers behind it beyond the event.
At the Creator Lab, attendees will experience how creators bring AI filmmaking to life through demonstrations and interactive presentations, offering a closer look at the processes that turn an idea into a cinematic experience.
Alongside the Awards, the Summit will feature conversations on film production, creative careers, distribution, and intellectual property, with opportunities for creators and industry professionals to meet and explore future collaboration.
Together, the Awards and Summit seek to connect recognition with opportunity: helping meaningful films reach audiences and supporting the creators who will shape what comes next.
For event information and tickets, users can visit aifilmsummit.com.
About Tyrannus Foundation
Tyrannus Foundation is the organization behind the Tyrannus Angel Awards and AI Film Summit Los Angeles. Its programs are designed to support creative exchange, recognize emerging approaches to AI-assisted filmmaking, and provide filmmakers with opportunities to present their work to broader audiences. Through the Awards, screenings, creator showcases, and industry programming, the Foundation seeks to connect filmmakers, creative professionals, and audiences around developments in AI-enabled storytelling.
Media Contact Details
Chantel Chang
Email: Send Email
Website: aifilmsummit.com
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Janaye Ashley Crowned Miss California US Nation 2026
LONG BEACH, Calif.The reigning Miss California US Nation 2026 continues her pageant and modeling journey following appearances at fashion events in New York and Denver.
The reigning Miss California US Nation 2026 continues her pageant and modeling journey following appearances at fashion events in New York and Denver.
LONG BEACH, Calif.
Janaye Ashley, the reigning Miss California US Nation 2026, is continuing her journey with the Miss US Nation pageant system as she prepares to advance to the national Miss US Nation competition later this year.
Janaye earned the California state title at the Miss West Coast US Nation 2026 regional pageant, where she was selected to represent California and move forward on the road to the national competition. Her state title followed the beginning of her Miss US Nation journey at the local level, where she represented the city of Long Beach as Miss Long Beach US Nation 2026.

Since becoming a titleholder, Janaye has continued building experience across pageantry, modeling and fashion events. She has participated in several Fashion Week productions, including Super Chic New York Fashion Week Winter and Super Chic Denver Fashion Week.
Her participation in Denver also expanded beyond the runway, as Janaye had the opportunity to serve as a host during the Super Chic Denver Fashion Week event.
The appearances have allowed Janaye to continue developing her presence within the fashion and pageant industries while representing the Miss US Nation organization across multiple events and markets.
Her progression from a local Long Beach title to the California state crown reflects a growing role within the Miss US Nation pageant system. Janaye is now preparing for the next stage of that journey as she advances toward the national Miss US Nation competition.
Janaye’s earlier selection as Miss California US Nation 2026 was announced following the Miss West Coast US Nation 2026 competition. She joined other regional and state titleholders selected to advance toward the national pageant.

Beyond pageantry, Janaye has also built a growing presence in modeling. Her journey has included runway appearances and fashion-focused events that have provided opportunities to work in different production environments while continuing to represent her state title.
As she moves toward the national competition, Janaye plans to continue participating in pageant, fashion and modeling opportunities while representing California within the Miss US Nation organization.
Supporters can follow Janaye Ashley on Instagram at @janayewonderfullymade for updates on her pageant journey, modeling appearances and upcoming events.
Photo Credit: JEM Studio Productions
Instagram: @jemstudioproductions
About Miss US Nation Pageants
Miss US Nation Pageants is a pageant organization that provides opportunities for titleholders to participate in regional, state and national competitions while gaining experience in modeling, fashion, public appearances and related events.
Media Contact Details
Rachel Marvilli
Email: Send Email
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McKenzie Scott’s Elite Criminal Defense Attorneys Report Favorable Outcomes in Roughly 3 of 4 Trials – Against a Federal System Where Prosecutors Win More Than 90% of the Time
San Diego, CAThe San Diego criminal defense firm’s federal trial lawyers – all alumni of Federal Defenders of San Diego, Inc. – bring 80+ years of combined experience and 80+ jury trials to clients facing federal charges across Southern California, including San Diego and Los Angeles. McKenzie Scott PC, a San Diego-based civil rights and criminal defense […]
San Diego, CA
The San Diego criminal defense firm’s federal trial lawyers – all alumni of Federal Defenders of San Diego, Inc. – bring 80+ years of combined experience and 80+ jury trials to clients facing federal charges across Southern California, including San Diego and Los Angeles.
McKenzie Scott PC, a San Diego-based civil rights and criminal defense firm, carries a significant federal trial record behind its criminal defense practice:
Across more than 80 jury trials, approximately three-quarters of the firm’s criminal cases have resulted in acquittals, hung juries, or success on appeal.
That figure runs directly counter to the odds most federal defendants face. Federal prosecutors secure convictions in more than 90% of adjudicated federal cases. Moreover, in fiscal year 2022, they won roughly 83% of the cases that actually reached a verdict at trial – 1,379 defendants found guilty against 290 acquitted, according to Administrative Office of the U.S. Courts data analyzed by the Pew Research Center.

A Team Trained Where Federal Trials Are Actually Tried
The firm’s federal criminal defense practice is built entirely from alumni of Federal Defenders of San Diego, Inc., the Federal Community Defender Organization appointed to represent people accused of federal crimes in the Southern District of California – one of the busiest and most-demanding federal criminal dockets in the United States.
Founding partners Michele Akemi McKenzie and Tim Scott each began their careers as criminal trial attorneys at Federal Defenders, where they spent nearly two decades defending clients charged primarily with drug and immigration offenses. Trial attorneys Marcus Bourassa, Michelle Angeles, and Lauren Mellano also served at Federal Defenders, where they tried federal criminal cases to verdict, argued appeals before the Ninth Circuit Court of Appeals, raised novel constitutional challenges to federal prosecutions, and presented before the California State Assembly’s Committee on Public Safety.
That shared background is unique in private practice. Most criminal defense lawyers move directly into private work and try comparatively few federal cases. Federal Defenders lawyers try them constantly, against the same U.S. Attorney’s Office, in front of the same district judges, under the same federal rules.
What the Firm’s Criminal Defense Team Handles
- Drug trafficking and drug manufacturing
- White-collar offenses – wire fraud, mail fraud, bank fraud, embezzlement, tax evasion
- Health care fraud, including False Claims Act and Anti-Kickback Statute allegations
- Money laundering and honest services fraud
- Insurance fraud
- Immigration offenses and border arrests
- Illegal firearms possession
- RICO violations, insider trading, theft of trade secrets, and cybercrime
The firm also maintains an active federal appellate practice, with dozens of successful appeals before the Ninth Circuit Court of Appeals.
Serving Clients Across Southern California
McKenzie Scott’s office is located in downtown San Diego, blocks from the U.S. District Court for the Southern District of California, and the firm represents clients throughout California and nationwide – including clients facing charges in the Central District of California in Los Angeles.
Free case evaluations are available at (619) 794-0451 or at https://mckenziescott.com/federal-criminal-defense-attorney/.
Frequently Asked Questions
What is the federal conviction rate?
More than 90% of adjudicated federal criminal cases end in a conviction, largely because roughly 90% of federal defendants plead guilty. Among cases that reach a verdict at trial, federal prosecutors convicted about 83% of defendants in fiscal year 2022.
Why does a lawyer’s Federal Defenders background matter?
Federal Defenders offices handle high volumes of federal criminal cases and try them to verdict. Attorneys who trained there accumulate federal trial and Ninth Circuit appellate experience that most private practitioners never get, because federal trials are rare.
Can any criminal defense attorney represent me in federal court?
No. Generally, only an attorney admitted to practice in the federal district court where charges are filed may represent a defendant there. Federal procedure, evidence, and sentencing differ substantially from state practice.
What should I do if federal agents contact me?
Decline to answer questions, state clearly that you want to speak with a lawyer, and contact a federal criminal defense attorney immediately. Statements made to federal agents before you have counsel can permanently damage a defense.
Does McKenzie Scott handle cases in Los Angeles?
About McKenzie Scott PC
McKenzie Scott PC is a notable San Diego criminal defense law firm representing clients in federal and state criminal matters, police misconduct and civil rights litigation, and personal injury cases. The firm’s attorneys bring more than 80 years of combined federal criminal experience and a trial record built at Federal Defenders of San Diego, Inc. The firm is located at 1350 Columbia Street, Suite 600, San Diego, California 92101.
Learn more at https://mckenziescott.com. For a free and confidential criminal defense attorney case evaluation, click here.
Contains attorney advertising. Results described reflect outcomes in prior matters and depend on the specific facts and circumstances of each case. Past results do not guarantee, warrant, or predict a similar outcome in any future matter. This release is informational and does not constitute legal advice or create an attorney-client relationship.
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