How homebuyers can navigate the housing market upheaval

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Factors like death, divorce, debt and downsizing mean there is always going to be some base level of transactions that occur, says Scott Ingram, a realtor From m_zadikian

Realtors weigh in on how to navigate the housing market after a major life event or changes in your financial situation. REUTERS/Mark Blinch

While some might have the luxury to wait until the market stabilizes, certain life events and changes in one's financial situation, known in the real estate industry as the "Four D's" - death, divorce, debt and downsizing – mean the pressure is on for some buyers and sellers who need to relocate. The rapid jump in interest rates and the fact that home prices don't always go up might be familiar territory to older buyers and sellers, but these are generally new phenomena to younger Canadians. The last time interest rates were this high was in 2008.

 

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m_zadikian Yahoo is owned by a hedge fund Apollo and is not about free speech. They are about propoganda to support their narrative so they can gain stock advantage. Basically, they are criminals who should be prosecuted.

m_zadikian Totally false info by her again !

m_zadikian Good points. Bottom line is people will always buy what they love. This goes beyond just real estate. Its the main reason why having the right storyteller for your home in this market is more important than just another realtor.

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