Milton is the MOST MORTGAGED City in Canada | KT CONFIDENTIAL EP227 | The Real Estate Podcast

A recent Toronto Star article says, “Nearly 80 percent of homeowners in Milton have a mortgage.” There are many factors why Milton is ground zero to Canada's rising mortgage crisis. In this episode, Ariel and Adrian do a deep dive into what's causing this phenomenon and share their opinion on what you should do to combat the current pricing hikes. Watch Episode 227 now to learn more and stay ahead of the curve!

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0:20 – Intro
3:43 – Young families and first-time homebuyers are the biggest demographic in Milton
5:49 – First-time homebuyers are taking benefits of government programs
7:03 – Milton's population is rapidly growing
7:27 – A lot of immigrants are moving to Milton
8:53 – Milton is a car-dependent community
14:54 – The number of mortgage pre-approvals is significantly up
17:03 – Milton is a great city to invest in
17:58 – Milton has the most amount of new-builds
19:40 – Milton has a lot of lands

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After successful careers in the automotive industry, entrepreneurs Ariel Kormendy and Adrian Trott decided to inject their passion for growing a brand and providing unrivalled service into the real estate industry. Kicking off their careers in 2011, they quickly became a top-performing team in Canada. Originally a team of two real estate agents in Milton, The KT Team quickly grew to a large team of exceptional REALTORS®, an administrative department and an in-house media department, taking their proven processes and unique services across most of the Golden Horseshoe. Follow them on social for behind-the-scenes footage, real estate tips, industry secrets and more.