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In this episode of The Real Deal Pod, Allister breaks down the current real estate market slowdown across the Fraser Valley and Vancouver, with sales down 30% and 27% compared to the 10-year average. With more inventory but fewer buyers, Chilliwack stands out, seeing a 19.5% increase in sales year-over-year. ๐ก๐
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Geoff walks listeners through the CMHC affordability calculator, explaining how to input key details like income, down payment, and monthly expenses while highlighting its limitations. He emphasizes the importance of working with trusted professionals to make informed home-buying decisions. ๐งฎ๐ฐ
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We also discuss pricing strategies for sellers and the impact of AI on real estate. Donโt miss outโcatch the latest market insights now! ๐ง
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โก๏ธ Follow the podcast on:
๐ข Apple Podcasts: https://podcasts.apple.com/us/podcast/the-real-deal-pod-allister-carrington-geoff-lees-pro/id1735837412
๐ข Spotify: https://open.spotify.com/show/5pE0dyVkEI1nSohmsKPx25?si=f8a1feefa64542f6&nd=1&dlsi=5ba76cfbe0ba462e
๐ข YouTube: Allister Carrington Real Estate - YouTube, Geoff Lee - YouTube
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โก๏ธ Find out how we can help you with your homeownership journey!
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Geoff Lee
Mortgage Broker, GLM Mortgage Group
www.GLMmortgage.com
1.604.259.1486
geoff@GLMmortgage.com
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Allister Carrington
Realtor, Fraser Valley Real Estate
www.AllisterCarrington.com
1.778.990.8703
allister@allistercarrington.com
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#VancouverRealEstate #FraserValleyRealEstate #MortgageTips #BuyerOpportunities #SellersMarket2024 #TheRealDealPod #RealEstatePodcast #CanadianHousingMarket #CMHC
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