Looking to buy in Toronto but think it may be too expensive? According to today’s article all you need is a little bit of patience. Here’s a quote from the article explaining why prices may be so high, “The reason that prices have risen so fast is that more and more people want to stay in Toronto to raise their families instead of moving to the suburbs. Toronto has become a world class city with great restaurants, unique cultural events, and neighbourhood festivals all over the city.” To read more, CLICK HERE.
Today, we’ve got an article that discusses whether condo-hotel properties are a good investment. Here’s a quote, “Because you can’t predict future prices, it’s hard to say whether condo-hotels behave like other real estate investments in terms of appreciation. Instead, you should focus on what you can predict: cash flows.” To read more, CLICK HERE.
Here’s a quote from today’s article about your children and their influence when it comes to you buying a house, “the survey, conducted on 2,000 American adults, reveal that most parents would make property purchase decisions around their children. The researchers say there has been a slight shift in home-moving decisions over the years.” To read more, CLICK HERE.
Today, we’re bringing you an article full of tips to help you find a home that may turn into a great investment. Here’s one tip, “buy a home that is not in perfect condition. You need room to build in value to the home through some minor renovations. So buy a home that needs some work, such as refinishing the floors, upgrading the kitchen or peeling off the ugly wallpaper.” To read more, CLICK HERE.
With the summer quickly approaching, you may be thinking about sprucing up your backyard. We’ve found you an article to help you decide how to make yours a “functional” back yard. Here’s a quote from the article, “by creating backyard retreats as an extension of the home, from adding decks and patios to outdoor dining spaces and garden sitting areas, homeowners can add value and increase the enjoyment of their property.” To read more, CLICK HERE.
“30-year fixed-rate mortgage (FRM) averaged 4.21 percent with an average 0.6 point for the week ending May 8, 2014, down from last week when it averaged 4.29 percent. A year ago at this time, the 30-year FRM averaged 3.42 percent.” That was a quote from today’s article about fixed mortgage rates being the lowest it has been since last November. The low mortgage rates may create an opportunity to buy, however, the lower rates are an indicator that the economic growth has been below expectations. To read more, CLICK HERE.
Today, we bring you an article to help prepare you for the stormy season ahead, whether it be tornadoes, hail or hurricanes. Here’s one tip about protecting your roof, “Prior to storm season, get a licensed contractor to inspect your roof for missing shingles and possible leaks. Think about putting in impact-resistant roofing as a heightened buffer against hail and heavy winds.” To read more tips, CLICK HERE.
Ever regret doing something? Maybe not joining a club in college or not buying something when it was on sale only to find that now the price doubled. How about your home, do you regret buying it? If you do, you’re not alone. According to today’s article, “Nearly one-third of homeowners who reported a household income of less than $100,000 said they were unhappy with their decision. In contrast, just 14% of homeowners who earned more than $100,000 said they were unhappy…” To read more, CLICK HERE.