Real estate comes with plenty of myths that can lead to hesitation or poor decisions. Here are some of the most common misconceptions — and the truth behind them.
Myth 1: You should always wait for prices to drop.
Markets rarely move predictably. Waiting often means missing appreciation and paying more later as rates or competition change.
Myth 2: You need a 20 percent down payment.
In Canada, many buyers can qualify with as little as five percent down, depending on price and property type.
Myth 3: Spring is the only time to sell.
While spring is busy, serious buyers exist year-round. Proper marketing can make any season successful.
Myth 4: Real estate is too risky.
With smart strategy and expert guidance, real estate remains one of the most stable long-term investments.
Knowledge beats fear every time.
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