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Home prices are finally falling. But how low will they go?

Home prices are finally falling. But how low will they go?

Source: KSL News --- The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down. “Good news for home buyers, sellers are dropping their home prices” But what...

Paying Cash for Your Home Is a Bad Idea for These 4 Reasons

Paying Cash for Your Home Is a Bad Idea for These 4 Reasons

Source: The Motley Fool --- After rock-bottom interest rates during the first phase of the COVID-19 pandemic, the mortgage chickens have finally come home to roost. In October 2021, the average U.S. mortgage interest rate for a 30-year fixed-rate mortgage was just...

Calgary experiencing record demand for multi-family living

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...

3 Signs You’re About to Make an Offer on the Wrong House

3 Signs You’re About to Make an Offer on the Wrong House

Source: The Motley Fool --- Today's housing market is a difficult one for buyers. Not only are home prices still sky-high, but real estate inventory is extremely limited. That means buyers are increasingly having to make compromises to purchase a place of their own....