{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5ad252e0aaae09363f6ecaf2/659c61b51e5f450015c32089?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Real Estate Market Trends in Canada: Where to Invest","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5ad252e0aaae09363f6ecaf2/1704822361746-0d32f4fc7f062d4fd8fb663351e89ae1.jpeg?height=200","description":"<p><strong>Summary</strong></p><p>In this episode of the True Wealth Podcast, host Seun Adeyemi and guest Chris Bisson discuss the current state of the real estate market and provide insights on making informed decisions. They explore regional variations in the market, including the impact of COVID-19 on prices in cottage country, Windsor, and North Bay. They also discuss the concept of underwater mortgages and the importance of buying low and holding properties for the long term. The conversation covers the types of properties that offer cash flow opportunities, such as small multi-unit residential buildings and student rentals. The episode concludes with a discussion on choosing a realtor and the benefits of variable rates in the current market.</p><p><br></p><p><strong>Takeaways</strong></p><ul><li>The real estate market is experiencing fluctuations, with some regions seeing a decline in sales and prices.</li><li>Buying low and holding properties for the long term is a strategy that can lead to wealth accumulation.</li><li>Investors should consider properties that offer cash flow opportunities, such as small multi-unit residential buildings and student rentals.</li><li>When choosing a realtor, it is important to find someone who understands the rental market and can provide valuable insights.</li></ul><p><br></p><p><strong>Chapters</strong></p><p>00:00 - Introduction</p><p>01:12 - Real Estate Market Fluctuations</p><p>03:12 - Regional Impact on Real Estate</p><p>04:50 - Real Estate Market in Cottage Country</p><p>07:31 - Real Estate Market in Windsor</p><p>08:01 - Real Estate Market in North Bay</p><p>09:16 - Impact of COVID-19 on Real Estate Prices</p><p>10:01 - Underwater Mortgages</p><p>12:06 - Real Estate Market in Calgary</p><p>13:33 - Types of Properties for Cash Flow</p><p>16:42 - Buying Rental Properties</p><p>19:35 - Creating Multi-Unit Properties</p><p>21:23 - Rental Market in Guelph</p><p>23:01 - Choosing a Realtor</p><p>29:43 - Emerging Trends in Appraisals</p><p>35:59 - Considerations for Variable Rates</p><p>37:14 - Final Thoughts</p><p><br></p>","author_name":"Seun Adeyemi - Certified Financial Planner®"}