Nina Asusa, Broker

Nina's journey in real estate began in the early 1990's where her passion for real-estate quickly grew from an investor and home renovator, to where she is today. In 2006*, Nina launched her full-time real estate career and quickly found herself helping her clients, who many became friends, achieve not just any lifestyle, but the lifestyle they wanted for themselves. Her model was and always will be ''Don't follow someone else's story; create your own story, create your own lifestyle, because 'home is where your story begins.'''  From a single realtor, to developing a strong team of realtors she personally mentored and later owning a real estate brokerage firm, Nina's focus remained the same. She continues to channel her high energy and extensive experience into understanding her client's needs and wants, and in helping them in their real estate journey. Nina's greatest honour is the trust others grant her when welcoming her in their life's journey.

Wedding or home? The decision facing many young Canadians

By: Steve Randall | REPmag.ca

Wedding or home? The decision facing many young Canadians

Tags: #ninaasusa #asknina #askninasteam #theartofliving #loveyourcity #loveyourhome #torontorealestate #bramptonrealestate #finances #firsttimehomebuyers #sellmyhome #weddingorhome #repmag

This article was originally written by Steve Randall and published on February 8, 2019 at www.repmag.ca. To view it in its original form, visit Wedding or home? The decision facing many young Canadians

Young Canadians are facing difficult financial decisions with the cost of living increasing and the cost of becoming a first-time homebuyers unaffordable for many.

That means that the high cost of a wedding – average $46,000 – may be the difference between homeownership as singles or married life as renters.

An analysis from RateSupermarket.ca found that an overwhelming 84% of respondents would rather spend their wedding fund on another major purchase with a home taking the joint top spot.

40% of respondents said they would rather spend their wedding fund on a down payment for a home; the same share would spend it on travel, 20% wished they’d invested it.

Janine White, Vice-President of Marketplaces and Strategy Development at RateSupermarket.ca says that spending thousands of dollars on an event doesn’t make the same sense to some Canadians today – at least for now.

“Shifts in real estate prices and rising interest rates are possibly pressuring more couples to get into the market sooner rather than later and deferring wedding plans,” she said. “Of course, financial goals will differ depending on the couple, but we are definitely starting to see a change in the environment, whereas in the past, a wedding was traditionally the key priority for most couples – then maybe followed by buying a home, starting a family, and retirement.”

The economics of buying a home vs. having a lavish wedding do look sensible.

For those that qualify for a mortgage with a 5% down payment, they could buy the average-priced Canadian home ($472,000) with $23,600 down.; less than half the average cost of a wedding according to the study.