CARLSBAD, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) — Real estate industry legend, Brian Buffini, will look at the issues, risks and opportunities for the 2021 real estate market in his latest Bold Predictions webcast. This year’s online broadcast will provide expert insight on what’s to come in 2021 to the real estate market based on the most up-to-date research, including a market analysis from Dr. Lawrence Yun, the Chief Economist at the National Association of REALTORS®.
The online broadcast, “2021 Real Estate Market Outlook,” will air on Tuesday, December 8, 2020 at 9 a.m. (PST) and will highlight:
What real estate agents and consumers can expect to see in the 2021 housing market
An update from Dr. Lawrence Yun, Chief Economist at the National Association of REALTORS®
How agents can stay focused and on track in uncertain times
And much more!
“I have always been committed to observing changing trends, interviewing top market experts, and, above all, providing much-needed clarity,” says Buffini. “The Bold Predictions 2021 broadcast will drill-down on what the real estate market is going to look like on the heels of the covid-19 health crisis and the presidential election, and help real estate agents and consumers navigate the market, the opportunities, and the uncertainties.”
Buffini & Company is the largest real estate coaching and training company in North America. Each year, Brian Buffini reveals his top predictions for the national market and the real estate industry as a whole in a broadcast aired exclusively online. His track record has been remarkable; among other events, he predicted the Great Recession, the impending automation of the industry, and the inventory shortage. If you are involved in the real estate industry, own a home or know someone who is looking to buy, this broadcast is a must-watch. Sign up to claim your digital seat for this free broadcast at www.buffiniandcompany.com/bold2021.
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About Buffini & Company
Buffini & Company is the largest coaching and training company in North America. Founded by real estate legend and master motivator Brian Buffini, the company provides a unique and highly-effective lead generation system. Buffini & Company’s comprehensive business coaching, training programs and cutting-edge content have helped more than 3 million professionals in 37 countries improve their business, increase net profit and enhance their quality of life. Buffini & Company is headquartered in Carlsbad, California. For more information, please email media@buffiniandcompany.com.
TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.
The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.
CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.
However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.
Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.
This report by The Canadian Press was first published Sept. 17,2024.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.