In this episode (#183) of KT Confidential, The Real Estate Podcast, Ariel and Adrian discuss the positive and negative impacts it has on buying during a dip in the Real Estate Market. Are you considering purchasing a home right now? Then you must consider a situation in which you purchase a home at the peak of the market and a recession occurs. Will you be able to afford the monthly payments if the economy tanks? Will you be able to cover your recurring insurance and maintenance costs if the market drops? All of that and more on KT Confidential - The Real Estate Podcast. **************************** Feeling tight on money? Want to save an extra $100 a month? Check out our Money-Saving Tips Guide below Money-Saving Tips Guide: http://kormendytrott.com/money-saving-tips/ Money-Saving Apps: https://kormendytrott.com/top-apps-to-save-and-earn-money/ **************************** Episode Breakdown: 00:00 - Intro 02:28 - Trending Topic 08:39 - Looking for signs 13:12 - This is short-lived 15:41 - Reasonable Expectation 19:26 - People aren't used to anything else 22:40 - Rent price increase? 26:23 - People leaving Ontario 28:59 - Outro **************************** Watch the previous episode here: https://youtu.be/CBbczeEqvtI Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott **************************** Our social: Instagram: http://www.instagram.com/kormendytrott YouTube: https://www.youtube.com/user/kormendytrott Facebook: http://www.facebook.com/kormendytrott Twitter: http://www.twitter.com/KormendyTrott Soundcloud: http://www.soundcloud.com/ktrealty LinkedIn: https://ca.linkedin.com/company/the-k... Pinterest: https://www.pinterest.ca/KormendyTrott TikTok: https://www.tiktok.com/@kormendytrott?lang=en **************************** The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two, compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.