Frank and Steve are joined by Dora from Paul Rushforth Real Estate and they begin the show by talking about the decline in the Ottawa real estate market (0:36), how interest rates and cost of living are stopping first-time homebuyers (4:40), and the qualifying rate from 2 and a half years ago (10:23). After the break, the gang discusses how high inventory is benefiting buyers (12:00), first-time homebuyers regarding mortgages (16:12), buy first vs. sell first (18:08), and why we’re headed towards a balanced market (20:03). Then, a listener phones in to ask if you should renew your mortgage or wait (21:48), and the gang converse about the future of the rental market (30:33). To end the show, the gang talks about conditional offers (32:02), a listener calls in to ask about the TD Flexline refinancing (32:52), Paul phones in to wish Dora a Happy 7-Year Anniversary at Paul Rushforth Real Estate (35:59), and the gang discuss how home prices and interest rates are affecting people’s real estate decisions (37:30).