Buyer Fatigue: Should You Give Up On This Real Estate Market?

Look Familiar? :(
No question, it's a tough time to be a buyer right now! But what's the alternative?

Wait until rates rise? It's predicted that we will continue to have minor fluctuations over the next year or two but that there's not a huge rate hike looming in our foreseeable future.

Wait until the market crashes? There have been buyers waiting for many years for this to happen & they've gotten priced right out of the market. Hindsight is a cruel b$tch!

Keep renting & build somebody else's equity? Or stay in your current home that doesn't meet your family's needs?

None of those sound like particularly attractive options, right? But I get how frustrating & discouraging it can be for my clients to be on this rollercoaster ride of low inventory & multiple offers that is the current real estate market, because I'm right there with them! I work for free every single day, for every single client, until we successfully buy or sell a home so I've got skin in the game too!

I've had this conversation with more people than I can count lately because we're experiencing a perfect storm right now in the Durham region. Population growth, Economic growth, Infrastructure growth and together these things are putting tremendous pressure on our local real estate market...and will continue to do so for the foreseeable future. Oh and Affordability can't be overlooked either, everything is relative so while our prices have been rising very quickly here, we are still far more affordable than pretty much anywhere else in the GTA!

So what do you do? Just Stick With It! Go after the home(s) that you love & if at first you don't succeed then try, try, again. There should actually be more "trys" in there because it's taking some buyers 3, 5, and sometimes 10 failed offers to hit the home ownership jackpot! But it's worth it in the end, I promise!

As Wayne Gretzky famously said, "You will miss 100% of the shots that you never take", so keep taking your shot...whether you're going after a dream job or trying to land your dream house...for all the things you want in life, just keep taking your shot! And repeat after me:


You've got this!

Your Time Is Coming! :)
If you're interested in learning more about the buying process & how I can help you navigate this market, request your complimentary Buyer's Guide here.

And for more articles about buying, selling & living in the Durham region, visit my full blog at

Have a fabulous day!

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