Fans of the hit television series Property Brothers have been given a rare glimpse into the personal lives of hosts Drew and Jonathan Scott, who opened their refrigerator to reveal their eating habits. Alongside the expected healthy staples, a surprising festive indulgence was discovered. The revelation comes as the famed twins, who built an empire on property transformation, issue a sobering warning about the state of the housing market for the year ahead.
Inside the Fridge of the Famous Flippers
The dynamic duo, known for scouting and renovating neglected homes, allowed a look inside their Whirlpool 36-Inch French Door Refrigerator with Dual Ice Makers. The contents showcased a mix of nutritious choices, including fresh fruits, vegetables, milk, and iced tea. However, the standout item was a solitary sweet treat: a fruit pie, beautifully presented on a green cake plate. This guilty pleasure, hidden away, offered a humanising peek at the brothers' holiday habits beyond their on-screen personas.
A Grim Forecast for the 2025 Property Market
This personal insight contrasts sharply with their professional outlook. In a recent interview with Bloomberg, Drew Scott delivered a stark assessment, stating that 2025 is not the time to be flipping houses. He cited persistently high interest rates and soaring material costs as the primary deterrents. The brothers explained that many current homeowners are opting to stay put, avoiding the need to secure a new mortgage at a significantly higher rate than they may have locked in previously.
The warning extends beyond purchasing. The Scotts also advised that 2025 is not the year to embark on a large-scale home renovation. Many potential renovators are postponing projects that would require financing through a home equity line of credit, which also carries high rates. In response to this market shift, the brothers are reportedly developing a new television show that will focus on more modest, achievable renovations rather than aspirational overhauls. 'Full-scale renovations are not realistic for everyone,' Drew told the publication.
Confidence Amidst the Downturn
Despite the cautious forecast for general homeowners and investors, the Property Brothers express no concern for their own business ventures. Drew confidently told Bloomberg, 'We've made money in every kind of market possible. Up markets, down markets, buyer's, seller's markets, it doesn't matter.' This resilience is built on the brand they have cultivated since their Canadian reality series launched in 2011, where Drew acts as the real estate expert and Jonathan as the licensed contractor.
The current market challenges are significant. Mortgage rates, while down from their post-pandemic peaks, remain at levels that have more than doubled since 2020. Coupled with a 33 percent increase in median home prices since the same period, housing affordability has become a critical issue for millions. The average home loan payment in the current year is reportedly double what it was in the year 2000, creating a steep barrier to entry for new buyers and limiting mobility for existing owners.
