EP 193: Uncovering Real Estate Opportunities in Rural Canada with Adam Lesperance

Can real estate in a small rural town really hold the keys to generational wealth? According to returning guest Adam Lesperance, the answer is yes—and he’s back to share the surprising market shifts and what’s next.Adam Lesperance is the team leader of the Terry Hastings Real Estate Group, based in the Wiarton area of Ontario, Canada. His team is among the top 20 in the country under Keller Williams and specializes in rural and recreational communities.Today’s episode is a follow-up to Episode 113 where Adam talked about legacy building on the water. Now, Adam is back with updates on how the Canadian market has shifted since then—especially in light of recent interest rate cuts, a volatile luxury market, and what economic ripple effects from the U.S. mean for Canada.He dives into the structure of Canadian mortgages, how shorter-term fixed rates influence real estate decisions, and what rising rates mean for homeowners who are nearing renewal. Adam also breaks down how low inventory and rural connectivity shape their market, while Corwyn draws parallels with the American experience.Key Takeaways:4:22  Adam’s team ranked Top 20 in Canada under Keller Williams6:27  Canadian interest rates lowered to 2.75% with mortgage rates under 4%7:26  Luxury and waterfront markets are cooling; essentials are still moving8:13  Canadian mortgages work on 5-year fixed terms, requiring renewal9:13  Homeowners facing renewals at higher rates often sell to preserve equityLike what you hear? Subscribe to Exit Strategies Radio Show and share this episode with someone who’s ready to build wealth through real estate—no matter where they live. Catch us on your favorite podcast platform or live every Saturday at 10:30 AM on WJNI 106.3 FM and WJAY 98.3 FM.Connect with Adam:Website: https://www.terrihastings.ca/Contact Number: 519-3787171Connect with Corwyn:Contact Number: 843-619-3005Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠Website:⁠ https://www.exitstrategiesradioshow.com⁠Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠Shoutout to our Sponsor: ROBYN COLLINSDo you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative. Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today  ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today.