In this episode, London Ontario real estate agent and podcast host Phil Bailey leads us through the latest stats, what he's seeing in the market in terms of pricing, predictions for 2026, and what buyers and sellers should do right now.

Phil Bailey is a real estate agent with HouseSigma Inc. Brokerage and host of the London, Ontario Real Estate Podcast. If you ever have real estate questions (or want to be on the podcast!), please reach out to Phil directly.

Get in touch with Phil Bailey:

📲 Call/Text: (226) 977-2348
👨‍💻 Website: https://www.philbailey.ca
👉 Podcast: https://www.philbailey.ca/podcast

Key Takeaways:

• The market is seeing a slight increase in home exchanges compared to last year.
• Buyers are currently very selective, allowing them to take their time with decisions.
• Pricing strategies must be competitive and based on recent data.
• Sellers need to forget about pandemic pricing and focus on current market conditions.
• Pre-approval for mortgages is crucial for serious buyers.
• Buyers should prepare their criteria early in the year to act quickly when opportunities arise.
• Interest rates are a significant factor in market dynamics.
• The market is currently balanced to a buyer's market, offering more options for buyers.
• Listeners are encouraged to reach out with questions or topics for future episodes.

Have a real estate question? Click here to text me!

In this episode, London Ontario real estate agent and host Phil Bailey is joined by Karl Ossenkopp to discuss the complexities of divorce, particularly in relation to real estate transactions. Karl shares his personal experiences and professional insights as a financial planner and family mediator, emphasizing the importance of understanding finances, effective communication, and the role of professionals in navigating divorce in the London Ontario area. They explore the options available for couples when dividing assets, the impact of children on the divorce process, and the necessity of building a supportive network of professionals to facilitate a smoother transition during this challenging time.

Karl is a highly skilled Financial Planner (PFP), Advanced Accredited Chartered Financial Divorce Specialist (CFDS-AA), and Accredited Family Mediator (AccFM) with over 20 years of experience in financial planning and mortgage advising. His career began in 2003, and after six years as a Financial Advisor at a major firm in London, he founded his own corporation to provide clients with more personalized financial guidance.

Karl can be found online here: https://www.ossko.ca/

Phil Bailey is a real estate agent with HouseSigma Inc. Brokerage and host of the London, Ontario Real Estate Podcast. If you ever have real estate questions (or want to be on the podcast!), please reach out to Phil directly.

Get in touch with Phil Bailey:

📲 Call/Text: (226) 977-2348
👨‍💻 Website: https://www.philbailey.ca
👉 Podcast: https://www.philbailey.ca/podcast

Key Takeaways:

• Divorce is often a taboo topic, especially in real estate.
• Financial literacy is crucial in understanding divorce settlements.
• Communication is key to resolving conflicts during divorce.
• Children should not be placed in the middle of parental disputes.
• Divorce can be an opportunity for a fresh start.
• Professional support can simplify the divorce process.
• Understanding the full financial picture is essential.
• Selling the family home can provide necessary financial relief.
• It's important to surround yourself with knowledgeable professionals.
• Divorce doesn't have to be a battle; it can be a collaborative process.

Have a real estate question? Click here to text me!

On this episode of The London Ontario Real Estate Podcast host and local real estate agent Phil Bailey chats with Spencer Murray, a Mortgage Broker in London, about new mortgage rules coming into play on December 15, interest rates, and those Trump Tariffs! How will this impact the market in 2025?

Phil Bailey is a real estate agent with HouseSigma Inc. Brokerage and host of the London, Ontario Real Estate Podcast. If you ever have real estate questions (or want to be on the podcast!) please reach out to Phil directly.

Get in touch with Phil Bailey:

📲 Call/Text: (226) 977-2348
👨‍💻 Website: https://www.philbailey.ca
👉 Podcast: https://www.philbailey.ca/podcast

Spencer Murray is a Mortgage Broker with Indi Mortgages in London, Ontario.

Get in touch with Spencer here:

👨‍💻 Website: https://modernmortgage.co/team/spencer-murray/

Disclaimer - This podcast should not be taken for any legal or professional advice and is just my opinion based on working as a real estate agent in London, Ontario, and area. I always recommend speaking to professionals about your specific situation before making any big decisions.

Have a real estate question? Click here to text me!