Opportunity For Buyers In The Ottawa Real Estate Market - Chelsea Hamre - RE/MAX Affiliates Realty
Not enough people are talking about this and buyers, you have an opportunity to save some money.
I'm Chelsea Hamre from the Hamre Team at RE/MAX Affiliates here in Ottawa.
You might be thinking: "How is there an opportunity to save some money? All I hear is rates. Rates, rates or rates going up."
Well, with the price of homes going down.
Buyers, you don't need to put as much money towards your down payment, meaning that you get to keep some cash in your pocket and use it how you want. There's no secret that spending habits have had to change, and this is having an effect on the real estate market here in Ottawa, Canada and in North America.
But when you have the money in your pocket, you get to decide what you want to do. Just like these rates weren't going down in the past forever, they're not going to keep going up forever either. Eventually we'll find a happy medium. There's great opportunity for buyers to buy the home that you want and then refinance it later if rates go down.
And, if they don't, we'll figure it out. But you have a chance to keep more money in your pocket and leverage it in that way. And this is important for sellers to know as well, because spending habits on the buyer side are also affecting the market on the selling side.
If I can help you in any way, whether you're looking to buy or sell in the Ottawa Real Estate Market, or you're looking somewhere else, I have an agent.
but here in Ottawa, I'm your gal.
You can reach out to me directly at (613) 868-3551 or visit our website, WeKnowOttawa.com.
It would be my pleasure to chat and I look forward to hearing from you soon. Take care and have a wonderful day.
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