Diego J. Cardenas

Diego J. Cardenas

Real Estate Sales Representative

RE/MAX PREMIER INC. Brokerage*

Mobile:
647-207-4190
Office:
416-987-8000
Email Me
Diego J. Cardenas

Diego J. Cardenas

Real Estate Sales Representative

RE/MAX PREMIER INC. Brokerage*

Mobile:
647-207-4190
Office:
416-987-8000
Email Me

Mortgage Professionals feeling the Heat

April 1, 2020

As much as 60% of Canadian real estate professionals are expecting the ongoing COVID-19 pandemic to have a “significant” negative effect on their incomes, according to a new study.

The poll by international real estate portal Juwai.com also found that 23% are preparing for a more “moderate” impact. Another 16% are planning to step up their marketing to foreign home buyers to compensate for possible lost income.

Whatever the degree of impact, 83% of Canadian agents are predicting that they will be earning less this year.

Meanwhile, 65% of the professionals surveyed are bracing for the coronavirus’ market effects to persist for more than three months.

The current environment is a good time to buy, if 69% of agents are to be believed. On the other hand, 31% said that now is a good time to sell, and 41% are warning that it is a bad time to do so.

Fortunately, the housing industry won’t be caught flat-footed, as it was deemed by the Canadian government to be one of the essential sectors that must remain operational amid the global outbreak.

Canada’s mortgage lenders will be receiving $50 billion from the federal government, on top of Prime Minister Justin Trudeau’s previously promised $82 billion that will be used to reinvigorate the financial system.

 

Article by Ephraim Vecina

https://www.mortgagebrokernews.ca/news/most-brokers-anticipating-lower-incomes-during-covid19-pandemic-328161.aspx

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647-207-4190

  

416-987-8000

  

About Me

 I would like to take this opportunity to tell you a little bit about my life as a REALTOR and the ambition l have to help families to reach their goals in the community. l have prided myself in my passionate, energetic and heartfelt drive to serve my clients’ best interests. Dedicated to listening attentively and matching individuals and families with the properties that best suit their needs. Specialized in home buying and selling, investment properties, luxury homes, and multi-residential properties. Now as part of the Big RE/MAX Community, we have built a reputation for our refreshingly friendly customer care and proven ability to guide buyers to obtain the best value for their home and to assist sellers to a smooth, stress-free sale of their properties. Our business today is built on: Dedication, Communication, Determination, & Trust while embodying the ability to cater and adapt to all of our client’s Real Estate needs. Our strong background in digital marketing and Graphic Design brings a strategic yet personable approach to the home buying and home selling process. With many years involved in Real Estate, we fully understand of the diverse needs of families and what it is like to stand in our clients’ shoes. Relocating several times – buying and selling houses of our own – has provided us a sensitivity towards our clients’ and families in the community. Rest assured that we will continue to be dedicated, knowledgeable, and committed to finding the perfect fit, whether apartment or home, for our clientele and for you. We will regularly seek to stay ahead of the game when it comes to market education and trends to be able to provide you the best solution available.



Languages Spoken: English, Spanish