PEGGY’S LATEST CTV SEGMENT
Join Peggy Hill as she discusses the current state of the housing market in our latest segment on CTV News Barrie. Reflecting on last year’s anticipation around interest rate cuts and a booming housing market, Peggy contrasts it with today’s scenario where despite actual rate cuts, market activity remains restrained. She explains that the 5-year mortgage rate, tied to the bond market, hasn’t dropped enough, which is impacting the current real estate trends. Despite slower sales, Peggy reassures viewers that homes are still selling, with a notable increase in first-time homebuyers eager to enter the market once qualified. Peggy’s advice for these buyers includes considering properties with basement apartments to enhance mortgage eligibility and financial security. Lastly, Peggy shares her predictions for the upcoming Canadian announcement in two weeks, suggesting there could be further interest rate cuts this July.
NEXT STEPS
Take the next step towards securing your dream home. Whether you’re a current homeowner looking to make strategic moves in this evolving market or a potential homeowner eager to navigate the path to ownership, our team is here to support you every step of the way. Ready to explore your options and make informed decisions? Reach out to us via our contact page to schedule a personalized consultation with one of our experienced advisors.
Wondering about the current value of your home amidst spring housing trends? Take advantage of our free home evaluation service to gain clarity on your property’s worth in today’s market.
And for those eager to embark on the exciting journey of homeownership, our listings page awaits with a wealth of opportunities tailored to your preferences and needs. Don’t delay – let’s turn your homeownership dreams into reality together.
Stay connected! Follow us on social media for the latest updates, trends, and most recent listings in Barrie’s real estate market. Don’t miss Peggy Hill’s expert insights on CTV Barrie! Watch past broadcast on the CTV website.