It’s been a challenging few years because the financial regulations that have been put in place have made it very challenging for homebuyers in Ontario. In some cases, first-time buyers can’t get into the market. But now is a good time. The real estate market here in Ontario or the GTA is somewhat stable, meaning it’s not climbing at a rate that you can’t jump in. Also, guidelines are now in place by the government to help first-time buyers get into the marketplace. So give yourself a really good push to acquire your first property.
Start with a property that is reasonable and work your way up. I know sometimes we think we’re going to save and save and save, but when the market starts to take off again, you can’t save enough to keep up with the growth in the marketplace.
Reach out to me. We can meet to have coffee/tea and discuss a strategy to get you into your first home in 2020 as a first-time homebuyer. Plus, there are some things that you need to know that are critical, that would make you eligible to purchase your first property. So reach out to me and we’ll devise a plan to get you going.
