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‘Unhealthy and unsustainable’: Homebuyers aren’t buying and homebuilders aren’t building in the face of untamed mortgage rates
Source: MSN --- U.S. mortgage rates crept up once again this week as demand for home loans tumbled, according to a pair of widely followed reports. Buyers and sellers are increasingly on edge as the average 30-year fixed mortgage rate — now more than double what it...
Calgary experiencing record demand for multi-family living
Source: Calgary Herald --- Last month, Calgary saw 450 sales for condominium apartments, up 23 per cent from September last year. It was an all-time high for the month, eclipsing the previous record set in 2014 with 432 sales. Row also set a record last month with 327...
Additional Reading: Top Real Estate Industry News & Headlines
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Relax and Recharge in Your Mental Hobby Shop
Most people have a place they go to or an activity they engage in that helps them move into peacefulness, serenity, and resolve. They can spend time happily away from exterior societal pressures. I refer to that state of being as their "Mental Hobby Shop," which will...
Canada open to more measures to curb housing speculation, minister says
Source: Reuters --- OTTAWA, April 21 (Reuters) - Canada's ruling Liberals are eyeing more measures to curb housing speculation after introducing a foreign buyer ban and heftier taxes on property flippers in their budget earlier this month, the housing minister said on...
Real Estate Investing: Is Hiring a Property Manager a Huge Waste of Money?
Source: The Motley Fool --- The short answer: It depends. When you buy your first investment property, one important decision you need to make is whether to hire a property manager to find tenants and run the day-to-day operations, or to self-manage your property....
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