Wednesday, 06 November 2024
By Mortgage Outlet
Leah Zlatkin quoted in the Financial Post: ‘Toronto home sales surge 44% in October as rate cuts draw buyers back’
https://financialpost.com/real-estate/toronto-home-sales-surge-rate-cuts-draw-buyers
According to Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, the current balance of available properties favours first-time homebuyers, offering them greater negotiating power.
“As more buyers enter the market, the dynamics will gradually transition from a buyer’s market to a seller’s market. For those waiting on the sidelines, this year presents an opportune moment to capitalize on the favourable conditions,” she said.