The Real Estate Cycle: How to Spot the Recovery Before Everyone Else

The Real Estate Cycle: How to Spot the Recovery Before Everyone Else | with Mortgage Broker David So The real estate cycle has four phases, and the GTA real estate market looks to be moving into recovery right now. Mortgage broker David So has watched the market rise and fall since 1989. He joins Evelyn Lopes, Ruth Ballantyne and Sandy Casella on Real Estate Without The Noise to explain what each phase looks like, why the bottom is so hard to call, and how to make a smart move without trying to time it. What you'll learn The four phases of the real estate cycle: recession, recovery, expansion and hyper supply The signs that a market is moving from recession into recovery Why your home's value compounds on the full price, even with 5% down David's why, how, when, where and what approach to buying How mortgage qualifying, CMHC insurance and alternative lenders work today How parents are helping their kids with a down payment Chapters [CONFIRM] Estimated from the transcript. Match to the final edit. YouTube needs the first chapter at 0:00. 0:00 Every real estate cycle has a winner 1:30 Meet David So, mortgage broker since 1989 3:00 "I could have bought that house" 4:30 6.5% yearly growth since the 1970s 6:00 Leverage: 5% down, growth on 100% 8:00 Why banks lend on real estate 9:30 Prices down 20% from the peak 10:30 The four phases of the real estate cycle 12:00 Why the bottom is hard to call 14:00 A $17,000 house and a $64,000 house 15:30 Signs of recession vs. recovery 17:30 The client who predicted a 50% drop 19:00 Why, how, when, where and what 24:00 Buying a home is a process 25:30 Multiple offers are back 29:30 A mirror of 1989 31:00 The 80% loan-to-value question 33:30 Qualifying today and alternative lenders 36:30 Finding a trusted advisor 39:00 The seven-year cycle and COVID 40:30 Parents helping with the down payment 43:30 Tax benefits of gifting 45:00 Coming soon: reverse mortgages 46:00 How to reach David Connect with us Evelyn Lopes | RE/MAX Realty Services Inc. | Caledon, Orangeville, Erin, Guelph, NW GTA | evelyn@evelynlopes.com | 905-965-5902 Ruth Ballantyne | RE/MAX Realty Services Inc. | Brampton | ruth@ruthballantyne.ca | 416-779-8732 Sandy Casella | eXp Realty | Etobicoke, Hamilton, Burlington, Oakville, GTA West | sandy@sandycasella.com | 416-467-8627 David So | The Mortgage Centre | (416) 410-6663 ext. 31 | davidso@davidso.ca | davidso.ca Book with David: https://form.jotform.com/260956510219255 FREE Mortgage Calculator: https://www.mccapp.ca/app/mccdavid-so... Show contact: RealEstateWithoutTheNoise@gmail.com Related video Watch next: Buy Now Or Wait? Is Real Estate a Good Investment? LINK:    • Is Real Estate a Good Investment? Buy Now ...   XXPOD.11_16_ETRA_F