Ontario Mortgage & Real Estate Insights Podcast
We cover the daily developments, trends, and regulatory changes affecting the industry, powered by an AI Steve Hamoen. Get insights sourced from reputable news outlets to help you stay informed and make well-informed decisions.
Sudbury Housing Surge, Tax Rulings, and Real Estate Education Updates
In this episode, the conversation opens with a welcome and introduction, followed by a sponsor message from Real Approved Inc. The discussion shifts to the challenges of homeownership affordability and the emerging trend of homebuyers waiving home inspections. An examination of Sudbury's housing market growth and its impact on property value assessments is provided. The episode also covers a recent Ontario Court of Appeal ruling on property taxes, offering insights into its implications. Additionally, the introduction of Algonquin College's new Real Estate Salesperson Program is highlighted. The episode concludes with closing remarks and a sponsor reminder.
Key Points
- Homeownership in Canada is becoming more affordable due to recent interest rate cuts, slight home price declines, and steady growth in household incomes.
- Waiving home inspections to make offers more appealing in a competitive market could lead to significant long-term risks and hidden issues for buyers.
- Algonquin College's new Real Estate Salesperson Program, approved by the Real Estate Council of Ontario, offers flexible, high-quality education for aspiring real estate professionals.
Chapters
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| 0:18 | |
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| 8:30 | |
| 11:06 | |
| 13:21 |
Transcript
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