The Tom Storey ShowAugust 11

Rent, Don’t Buy! Canada’s Path to 2.75% Interest Rates

***Start Your Realty Ninja Real Estate Website*** Free Trial and 20% Off your first year: – – – How's the market? Well that's what this week's episode is all about. The DAWG days of summer, if its better to rent than own and the Bank of Canada's path to 2.75% interest rates. Join Steve Karrasch and Tom Storey on The Tom Storey Show, Canada's ONLY Real Estate podcast. UPDATE: Since...

***Start Your Realty Ninja Real Estate Website***
Free Trial and 20% Off your first year: https://www.realtyninja.com/tom

– – –
How's the market? Well that's what this week's episode is all about. The DAWG days of summer, if its better to rent than own and the Bank of Canada's path to 2.75% interest rates.

Join Steve Karrasch and Tom Storey on The Tom Storey Show, Canada's ONLY Real Estate podcast.

UPDATE: Since this was recorded, BC has walked back sections of the new 4 month evictions down to 3 months for property sales.
Check it out: https://news.gov.bc.ca/releases/2024HOUS0141-001239
– – –

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AUDIO PODCAST LINKS:
Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbd
Apple Podcast: https://podcasts.apple.com/…/the-tom…/id1627632474
Amazon: https://music.amazon.ca/…/the-tom-storey-show-with…?

TOM STOREY
Book a call with Tom: https://calendly.com/TomStorey
Tom's YouTube Channel: https://www.youtube.com/c/TomStorey/videos
The Storey Team, Royal LePage Signature: https://storeyteam.ca/
Instagram: https://www.instagram.com/thestoreyteam/
FaceBook: https://www.facebook.com/thestoreyteam

STEVE KARRASCH
Book a call with Steve: https://calendly.com/stevekarrasch
Steve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videos
Karrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/
Instagram: https://www.instagram.com/karrasch_real_properties/
FaceBook: https://www.facebook.com/KarraschRealProperties/

Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbU

Podcast Chapters

00:00 📉 Interest Rates by End of 2025
00:31 🏠 Current Real Estate Market
03:03 🤝 Negotiating Real Estate Deals
08:03 💼 Short Sale Explanation
11:52 👨‍👩‍👧‍👦 Family Dynamics
13:13 🤔 Renting vs. Buying in the Current Market
22:30 🏘️ Understanding Market Opportunities
25:15 💡 Personal Preferences and Market Effects
29:23 📈 Job Security and Economic Impact on Housing
31:41 🚦 Toronto's Traffic and Housing Challenges
35:23 💰 Taxes vs. Basic Necessities
39:44 🏠 Government Housing Experience
00:45:39 📑 Tenant and Buyer Information Exchange Concerns
00:47:57 📃 Lease and Tenant Rights in Property Transactions
00:49:18 🛡️ Tenant Protections and Market Impact
00:50:27 📉 Real Estate Market Predictions and Landlord Reactions
00:55:14 🏗️ Government Intervention in Housing
00:58:15 📈 Condo Market Trends and Media Perspectives
01:01:01 📊 Interest Rate Predictions and Buying Versus Renting
01:07:18 🏠 Home Ownership Preferences and Stability

The opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

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