In this episode of The Golfi Real Estate Show, Phil Golfi and host Stephanie Vivier dive into how recent heavy snowfall has impacted daily life and the real estate market. They discuss how winter weather affects home sales, property viewings, and even neighbourhood dynamics as residents battle snow removal challenges.
The conversation shifts to the economic landscape, focusing on the impact of U.S. tariffs on Hamilton's steel industry and how job uncertainty may affect the housing market. With Toronto acting as a market indicator, Phil explains how rising inventory levels and shifting buyer behavior could shape real estate trends in Hamilton, Niagara, and beyond.
They also explore the effects of interest rate hikes, the surge in mortgage renewals, and how first-time buyers are navigating affordability concerns. Plus, they discuss the growing divide between condo and luxury markets, with buyers gaining leverage in negotiations.
Tune in for expert insights on what’s happening in the market, where opportunities lie, and what homeowners should expect in the months ahead!
Topics Covered:
- How extreme snowfall impacts real estate transactions
- Neighborhood disputes and the winter effect on urban living
- U.S. tariffs on steel and their ripple effect on Hamilton’s economy
- Toronto’s rising inventory and how it signals shifts in local markets
- Interest rate hikes and the mortgage renewal crisis
- Why first-time buyers may have more negotiating power right now
- The struggling luxury market in Niagara and growing condo inventory
📢 Thinking of buying or selling? Visit RobGolfi.com for expert real estate advice!
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