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“FOMO” in the real estate market

Kristi Wong • May 13, 2016

It seems that fear of missing out, or “FOMO” as it’s referred to online, is spurring younger buyers to make the decision to get into the housing market. “A recent survey from Toronto-Dominion Bank found that 19 per cent of Toronto and Vancouver home owners mentioned a fear of missing out – FOMO, as it’s […] The post “FOMO” in the real estate market appeared first on Andy Schildhorn, PREC.

It seems that fear of missing out, or “FOMO” as it’s referred to online, is spurring younger buyers to make the decision to get into the housing market.

“A recent survey from Toronto-Dominion Bank found that 19 per cent of Toronto and Vancouver home owners mentioned a fear of missing out – FOMO, as it’s known on social media – as a top consideration in buying their first home. FOMO is a totally understandable emotion in our housing-obsessed society, and it’s justified by the fundamentals in the hottest markets. Guaranteed, we’re going to see more FOMO home buying. By necessity, a lot of it will only happen with parental financial help.”

🌟🏡 Fraser Valley Real Estate: April 2024 Update! 📈

By Andy Schildhorn • 09 May, 2024
Welcome to our latest real estate update for April 2024, where we delve into the Fraser Valley's market trends! 📊🌱 👀 In this video: Discover the latest sales data and what it means for buyers and sellers. Explore the rise in inventory and the best opportunities in the market. Get insights on pricing trends and how they affect your investment decisions. 🔗 More Resources: Dive deeper into the statistics and get personalized advice tailored to your real estate needs. https://bit.ly/3UNng6V . 🤝 Stay Connected: Subscribe to our channel for weekly updates and expert tips on navigating the Fraser Valley real estate market. Hit the bell icon 🔔 to stay notified about our latest videos! Whether buying, selling, or just interested in real estate, our channel is your primary resource for all things property in the Fraser Valley. Let’s make your real estate dreams come true! 💬🏠 📞 778.835.8957 - https://calendly.com/andyschildhorn 🌐 www.AndytheRealtor.com Your Langley and Fraser Valley Realtor.

🏡 Explore Real Estate Insights with Andy in Langley! 🎤

By Andy Schildhorn • 08 May, 2024
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🤗 Sometimes we need to smile.

By Andy Schildhorn • 08 May, 2024
📣 "I would argue that passion is more important than brain power" - Charlie Munger
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