In this week's episode of the REAL Collective Podcast, Sean Tasse (Real Estate Broker) and Kyle Miller (Mortgage Agent) are discussing whether you should buy now or wait? Unveiling market pros & cons!

We'll begin by unpacking current buyer sentiment and exploring what's on the minds of today's property buyers. Then, we'll delve into the age-old dilemma: to buy now or hold off. We've got your answers.

You'll also get insights into how price fluctuations and interest rate shifts affect your real estate decisions, as well as the intriguing connection between property prices and interest rates.

What does the future hold for the mortgage market? Get a sneak peek into what's coming in the world of mortgages, and take a look at the future of interest rates in Canada over the next five years.

We'll discuss how to stay ahead of the real estate curve in a changing marketplace and explore long-term strategies for handling equity fluctuations. After a brief intermission, we'll dive even deeper into the real estate world.

The million-dollar question: should you buy now or wait? We'll help you find your ideal move and explore alternative directions for your real estate journey.

Is it time to consider variable rate mortgages, and what are the pros and cons of forecasting real estate markets? Our experts will also share an exclusive sneak peek into the market forecast for October 2023.

Learn about the stress test and its implications, discover the golden moment for your real estate aspirations, and brace yourself for potential market-changing events.

Finally, we'll emphasize why local insights are your secret weapon in real estate.

Your real estate journey is about to get a whole lot clearer. Stay tuned and make sure to subscribe for more enlightening discussions on real estate!🏡

#realcollective #realservice #letlovelead

Are you buying or selling? Book a meeting with Sean or Kyle today!

Sean: https://calendly.com/seanrealcollective
Kyle: https://calendly.com/kmmortgage/phone-connect

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Website: https://www.realcollective.ca


Intro: (0:00)

Unpacking Current Buyer Sentiment: (1:20)

Pros and Cons of Waiting to Buy: (4:30)

Calculating the Impact of Price Drops and Interest Rate Changes: (5:00)

The Inverse Relationship Between Real Estate Prices and Interest Rates: (6:51)

Mortgage Market to See Uptick in Refinancing Activity in 2025-2026: (10:26)

The Impact of Interest Rates in Canada Over the Next Five Years: (10:50)

Navigating the Opportunities of a Changing Marketplace: A Discussion on Staying Ahead of the
Curve: (11:50)

Fluctuating Equity is Okay If You’re Going Long Term: (15:30 )

Half-Time: (17:35)

Should You Buy Now or Wait?: (19:00)

Opportunity in the Other Direction: (19:31)

Variable Rate Mortgages are Coming Back Into the Conversation: (19:48)

Making Predictions: The Pros and Cons of Forecasting Real Estate Markets: (21:00)

Sean’s Market Prediction in October 2023: (21:35)

Understanding the Stress Test: (23:10)

The Right Time to Buy: (26:37)

The Two Major Events That Could Cause Houses Prices to Tumble: (30:45)

Don’t Read National News and Apply it to Ottawa: Get your Ottawa Real Estate News Here: (32:08)

Outro: (33:33)

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