Is the novel Coronavirus delaying your search for a new property? Mortgage Broker and Founder of North East Mortgages argues that this is the time to be looking and making offers. As the Canadian market is experiencing a seller's market, buyers have faced bidding wars in the last few months. However, with the Coronavirus, more people are staying home and delaying investments. So, there are fewer buyers in the market right now. In this bonus episode, Terry Kilakos also warns buyers that once the Coronavirus settles down, the number of buyers in the market will increase drastically. Other key points Terry addresses: The number of foreign investors should remain the same, regardless of the pandemic Businesses will still need to pay for rent, even if business has slowed down The Trudeau government announced that it will help small businesses but no one knows how and when that will pan out Overnight bank rates have dropped over the last week but that doesn't mean rates will drop for end-consumers Terry doesn't believe this shift in remote work will affect renting office space Like, rate and subscribe The No Formula Podcast! What other questions do you have for Terry?