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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.”

🏡 Discover Fort Langley with Andy Schildhorn! 🌟

By Andy Schildhorn • 17 May, 2024
🌟 Hi there, it's Andy Schildhorn from Macdonald Realty! For over 30 years, I've proudly called Fort Langley my home—where history and vibrant culture blend seamlessly. 🏛️ Explore iconic landmarks like the Community Hall, CN Rail Station, and the Old Fort. 🍽️ Don't miss a visit to Ancestor Café, showcasing indigenous foods. 🎷🎨 Our village buzzes with festivals year-round, including the Jazz and Arts Festival. Enjoy outdoor activities along the Fraser River, scenic trails, and top-notch cycling routes. 🚴‍♀️🌳 🍰🍝 Stroll down Glover Road, our charming main street, with its friendly shop owners and delightful spots like Wendels' Cafe and Giulia's Mangia e Scappa. 🏡🌲 Discover diverse real estate options, from quaint backyards to riverside condos and expansive acreages. 📅 Join our thriving community—click the link below to schedule a chat. 👍🔔 Thanks for watching! Don’t forget to subscribe, and I look forward to hearing from you soon. 📞 778.835.8957 - https://calendly.com/andyschildhorn 🌐 www.AndytheRealtor.com Your Langley and Fraser Valley Realtor.

🌾🍎 Celebrate 102 years of May Day in the Village 📍🌻

By Andy Schildhorn • 15 May, 2024
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🤗 Sometimes we need to smile.

By Andy Schildhorn • 14 May, 2024
📣 "Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful." - Albert Schweitzer
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