REal Talk: Recent Episodes
Paul Rushforth Real Estate
Paul, Frank and Steve begin the show by talking about February’s real estate, mortgage rate and credit card debt stats (1:49), the amortization process, and why you shouldn’t work with banks (6:48). After the break, the guys converse about needing more homes built (11:09), whether real estate and moving costs are impacting buying and selling decisions (14:46), and the increase of home values (17:14). Then, a listener phones-in to ask about rural properties, pools and the current Ottawa market (21:29), the guys discuss first-time home buyer appetites (27:30), and the Federal budget and how it could impact mortgages and real estate (29:33). To end the show, a listener phones-in to discuss the old Home Ownership Made Easy Plan (35:00) and the guys talk about the employment numbers (37:50).
Paul, Frank and Steve start the show by conversing about how the bond market and economy are impacting mortgage rates (2:53) and what is impacting the real estate market (9:43). After the break, the gang discusses Stats Canada economy numbers and immigrants (12:39), as well as the new multiple offer situation rule (16:53). Then, Paul and Frank talk about potential real estate and interest rates changes (21:33). To end the show, Paul and Frank answer questions about mortgage renewals, variable rate and requalifying (33:23).
Paul, Frank and Steve begin the show by conversing about Ottawa’s median income and home affordability (1:03), average sales price in Ottawa (5:10), where rates and real estate is headed end of 2023 (7:01), and tips for selling in the fall/winter (10:33). After the break, the guys talk about today’s rates (13:57), and people renewing in the next few years as well as rising costs impacting homeowners (16:48). Then, the gang discuss refinancing a home during a divorce (21:36), people not being able to afford their renewal (27:23), and what a buyer’s market vs. a seller’s market looks like (30:17). To end the show, the guys converse about contacting a real estate agent if you’re looking to sell in the fall/winter (34:37) and treating photos like your first showing (37:38).
Paul, Frank and Steve begin the show by conversing about Ottawa’s median income and home affordability (1:03), average sales price in Ottawa (5:10), where rates and real estate is headed end of 2023 (7:01), and tips for selling in the fall/winter (10:33). After the break, the guys talk about today’s rates (13:57), and people renewing in the next few years as well as rising costs impacting homeowners (16:48). Then, the gang discuss refinancing a home during a divorce (21:36), people not being able to afford their renewal (27:23), and what a buyer’s market vs. a seller’s market looks like (30:17). To end the show, the guys converse about contacting a real estate agent if you’re looking to sell in the fall/winter (34:37) and treating photos like your first showing (37:38).
Paul, Frank and Steve begin the show by discussing the economy and interest rates (0:00), January real estate numbers (6:00), and down payments becoming more affordable (10:41). After the break, a listener phones-in to ask about banks lending money on land (14:32) and another listener calls-in to ask about title insurance (18:24). Then, the guys converse about why you need to REALLY buy a house right now (22:30), increases in pre-approvals as well as why buyers aren’t qualifying (29:57). To end the show, the guys talk about 5-year fixed mortgages and other rates (35:02), commercial mortgages (38:12), and whether people should sell right now (40:03).
Paul, Frank and Steve start the show by conversing about what’s affecting a rise in interest rates (1:11), optimism in the real estate market (5:10), and how new builds are affecting the market (7:32). After the break, the guys talk about what cities have the most homes with no mortgage (10:29), the rental market in Ottawa (12:20), the bond market, where interest rates are going and how it affects the market (14:35). Them, the guys discuss where we’ll see the market head in the spring (20:48), the importance of shopping for rates (23:59), the qualifying rate hurting first-time homebuyers and people looking to refinance (25:35), and townhome prices past vs. future as well as what buyers can do to guarantee a sale (28:13). To end the show, the gang converses about qualifying for fixed vs. variable rate (32:24) and the next Bank of Canada announcements (38:34).
Frank and Steve are joined by Dora from Paul Rushforth Real Estate, and they begin the show by conversing about the potential spring market (0:39), how people are dealing with the rising rates (2:03), and a listener phones-in to ask about the attributes of a good mortgage broker (7:12). After the break, the gang discuss first-time homebuyers (13:17), and another listener phone-in to ask about land value in Kemptville and land financing (15:43). Then, another listener calls-in to ask about having a mortgage vs. carrying a line of credit (22:19) and the gang talk about why real estate can be about timing (28:10) and why buyers and sellers need to meet in the middle in this new market (31:40). To end the show, our final listener phones-in to ask about construction rules with duplexes and if there’s any financing regarding those needs (35:25) and the gang converse about whether investment properties are becoming more attractive (40:14).
Paul, Frank and Steve start the show by talking about how the LRT has affected home prices (1:13), tips for selling your home during winter (2:46), real estate forecast for 2023 (3:41), OSFI mortgage rules and the dying dream of buying a home (5:04), and why now is the time buy a home in Ottawa (10:59). After the break, the guys converse about mortgage fraud (12:51). Then, a listener phones-in to ask about collateral mortgages (23:01) and the gang discuss parents helping with down payments (32:08). To end the show by talking about whether early renewal is a good idea (34:33), timing in real estate (36:40) and future mortgage rate predictions (38:55).
Paul, Frank and Steve start the show by discussing a slowdown in the real estate market, interest rates and the economy (0:32), how interest rates are affecting commercial mortgages and new builders (5:17), people being disqualified from getting into the housing market (7:52), and the increase in rental properties (9:16). After the break, the guys converse about variable vs. fixed mortgages (11:49), credit card debt and rising prices (13:07), and pre-qualifying for mortgages (16:46). Then, the guys talk about future real estate predictions (21:40) as well as home appraisals and more economy talk (26:40). To end the show, the gang discuss restaurant prices (30:55), why mortgage brokers are so important vs. working with the banks (33:21), and getting real estate pictures taken before the winter (35:57).
Paul, Frank and Steve begin the show by talking about the return of home inspections, price decreases and cancellations (1:37), fighting inflation by raising rates (3:24), and how a recession will affect real estate (6:56). After the break, the guys converse about real estate stats from Stats Canada (12:12), more people selling their investment properties (16:51), and what a normalized market looks like for first-time homebuyers (19:48). Then, the gang discuss parents co-signing for first-time homebuyers (22:49). To end the show, the guys talk about predictions for September real estate numbers (31:24), getting mortgages under 5% (35:18) and mortgage rate predictions (37:05).
Paul, Frank and Steve start the show by talking about heading toward a balanced market and how the economy affects that (0:33), real estate price predictions (5:08), and renting to own (8:38). After the break, the guys converse about prime vs. variable rates (10:35) and a listener phones-in to ask about extending another 120 days on a guarantee mortgage (14:47). Then, the gang discuss tips to sell your home and find the best real estate agent (17:40), how to find the best mortgage (21:37), and bad real estate and mortgage broker practices (24:47). To end the show, a caller phones-in to ask the rate increase and trigger rate (30:40).
Paul, Frank and Steve begin the show by conversing about August’s real estate numbers (0:29), rising interest rates this week, Canadian debt and a recession (2:42), how unemployment is affecting the economy (6:58), and using a home equity line of credit (11:15). After the break, Ben from Edge Realty Analytics calls-in to talk about the rise in interest rates and where home prices are headed (12:53). Then, Ben continues to talk about where interest rates are headed in the future (22:52) and where real estate is headed in the future (25:24). To end the show, a listener phones-in to ask selling a home in senior living areas (32:24), the guys discuss variable rates (36:37).
Paul, Frank and Steve start the show by conversing about a charity golf tournament (0:21), how E-signature has changed real estate and mortgages (3:07), and updates on the Ottawa real estate market and mortgage rates (8:31). After the break, the guys talk about how much income goes to mortgages (14:03), friends buying homes together (15:36), and selling after buying 6-12 months ago (17:04). Then, a listener phones-in to ask about refinancing vs. borrowing for another purchase (20:24), the gang discuss people renting out their basement (25:47), and the purchase plus improvements plan (29:09). To end the show, the guys converse about how to find a good real estate agent (32:18) and insured mortgages (35:54).
Paul, Frank and Steve begin the show by talking about real estate and mortgages in August (1:18), rates rising and inflation in the future (4:45), and when we’ll be in a buyers market (8:48). After the break, the guys converse about buyer’s vs. seller’s market (11:02), whether you should get a 1-year closed rate (14:53), the dangers of raising rates (15:56), and how millennials are affecting the real estate market (18:26). Then, the gang discuss various areas in the Ottawa real estate market (20:44), changing lifestyles to afford a home/mortgage (23:15), and selling a home people bought within a year (28:10). To end the show, the guys talk about predicting August real estate numbers (31:02) and doing comparables year-over-year for pricing your home (33:53), and how long pre-approval is good for and what not to do before closing on a home (36:02).
Paul, Frank and Steve start the show by discussing Paul’s golf tournament (0:44), July’s real estate numbers (2:10), how interest rates are impacting the market (4:17), what a normal market looks like (6:07), private lenders vs. bank lenders (9:40), and fall real estate predictions as well as first-time homebuyer struggles (11:22). Then, the guys talk about the rental market (14:38), cost of a townhome and how it affects investors (15:19) Paul’s guarantee-sold program (17:46), and the increase of buyers walking away from deals (19:09). After the break, a listener phones-in to ask about bridge financing (20:20) and the guys converse more about bridge financing (28:05). To end the show, another listener calls-in to ask about selling your home to your family member as a gift (31:17), and the guys discuss Ottawa’s average sales price (36:41).
Frank and Steve are joined by Dora, and they start the show by talking about rising interest rates (1:18), how interest rates are affecting the housing market (3:09), will downsizers help future first-time homebuyers (6:16), and building up equity in your home (8:04). After the break, a listener phones-in to ask about renewing your mortgage as a retiree (12:04), the gang converse about listing numbers in Ottawa and adjusting to this new real estate market with different strategies (16:40). Then, another listener calls-in to ask about closed variable rates (20:23), the gang then discuss completely open mortgages (26:10), slower real estate investment market (27:09), and whether the real estate market crash (29:40). To end the show, our final caller asks about increased interest rates (31:40) and panicking over the changing real estate market (34:29).