Episode 85: How To Buy A Home In The Current Real Estate Market, with realtor Alexandra Cote
The real estate market is crazy right now, but if there’s one thing we learned from today’s episode, it’s that home ownership is absolutely still possible right now, and there’s not necessarily a “good” or “bad” time to get into the market — if you can afford to get in, start building that equity, boo!
But is it *really* more expensive to get into the market right now with current lending rates, or do the costs even out in a cooler buyers’ market? Tune in for some stress-busting answers.
As homeowners themselves, Gill and Cailyn both know how stressful it can be buying a first home, especially in a volatile economy. From hidden costs and mortgage options, to offer strategies when you find the right home for you, we get all the answers from licensed realtor, Alexandra Cote. Alexandra has been voted best realtor in Toronto in NOW Magazine’s Reader’s Choice Awards since 2016, and beyond helping her clients reach their real estate goals, she also works alongside the Government Relations and Affordable Housing Committees to create positive change in housing policies.
Join us as we chat about:
Gill and Cailyn’s journeys to home ownership
Avoiding being “house poor”
Navigating the current market and higher interest rates
Plans and incentives for first-time home buyers
Setting a budget for your home hunt, and hidden costs to consider
Mortgage term options, finding a broker, and getting preapproved
What to know about down payments
Creating a winning offer strategy
Negotiating conditions and inclusions in your offer
We hope this episode helps you feel a bit more clear and confident on your road to home ownership!
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