Real Estate minute with Steve-September 18
Monday, Sep 18, 2023
In this video, I’ll be giving you a quick update on the current real estate inventory.
As of today, we have seen a significant increase in inventory, with 8,279 units available compared to 17,999 units on Friday. This is the highest inventory we’ve had in a while.
I’ll also be discussing the average mortgage payoff in Canada, which is now between 60 to 80 years.
For more information on this, click the link below: https://www.bnnbloomberg.ca/70-year-a...
It’s important to take action and consider selling or reducing your mortgage to secure a better financial position.
Chapters
0:00 Inventory Update
1:15 Intro Video and Photography
1:37 Amortization Rate
3:45 Taking Action
5:39 Mortgage Payoff
6:27 Taking Action (Continued)
