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Survey Finds Growing Canadian Pessimism Over Economy and Housing

by Phil Hall | Nov 24, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Canadians are increasingly pessimistic over the direction of their nation’s economy, with nearly one-third of homeowners fearing they will need to sell their residences if interest rates continue to rise. According to the Financial Health Survey published by Manulife...
Nearly One-Third of Homeowners Have $1,000 or Less Saved for Home Emergency

Nearly One-Third of Homeowners Have $1,000 or Less Saved for Home Emergency

by Phil Hall | Oct 27, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

At a time when the average home emergency costs around $2,000 to repair, roughly one-third (31%) of homeowners admit to having $1,000 or less saved for these emergencies. According to a survey of 1,000 adults conducted by Today’s Homeowner, 82% of homeowners...
How Will Another Rate Hike Impact Canadian Mortgage Holders?

How Will Another Rate Hike Impact Canadian Mortgage Holders?

by Phil Hall | Oct 20, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

More than one-third of Canadians with a mortgage will have to make changes to their financial situation — including housing and employment – if the Bank of Canada enacts another rate hike, according to a survey from the personal finance site WealthRocket. The survey...
Which is More Stressful: Homebuying or Dating?

Which is More Stressful: Homebuying or Dating?

by Phil Hall | Oct 4, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In terms of apples and oranges comparisons, the contrast between homebuying and dating rarely comes up. However, the folks at Redfin (NASDAQ:RDFN) broached the topic with a survey of 1,000 Americans who bought a home in the last year. The result of that survey: nearly...
Florida is Home to 7 of the 10 Most Overvalued Housing Markets

Florida is Home to 7 of the 10 Most Overvalued Housing Markets

by Phil Hall | Sep 29, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida occupies seven rankings on a new list of the top 10 most overvalued housing markets in the country, according to the newly published “The Top 100 U.S. Housing Markets.” The new report said Florida’s Cape Coral metro is the most overvalued housing market in the...
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