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The U.S. Federal Reserve borrowed a play from Bank of Canada governor Mark Carney on Wednesday when they promised to keep interest rates low until at least the end of 2014. This is a good indication that Canadian rates will stay low as well, thus continuing the support of the real estate market here. In Canada [...] A new survey from Coldwell Banker Real Estate finds that 87 percent of 1,300 agents and brokers polled agree that the economy is delaying baby boomers’ plans to sell their homes. That said, the desire to purchase and own a home, or more than one home, remains strong in this demographic cohort, especially so in [...] Last time, I introduced you all to the wonderful golfing communities that are for sale in Scottsdale, Arizona. This time I am going to take you on a brief tour because the Phoenix area has so many more communities besides Scottsdale, each with its own character. First stop! Litchfield Park is a small city [...] Interest in Scottsdale, Arizona has never been greater. Canadians enjoy its warm climate, luxurious lifestyle, stylish shopping and world class restaurants and night clubs just to name a few. Here, I will give a brief summary of a home I think would make a great investment for recreation or retirement purposes, and also a few [...] As our Canadian dollar increases in value and property values in the United States drop, the excitement of Canadians looking to purchase property in the United States increases. Canadian buyers know about properties through-out the United States that could be a great investment vehicle suitable for retirement as well as recreation. The value out there at the moment is tremendous, and we [...] When I first introduced Marcus to the 13 acre Camel View Village Condo development, he was pleasantly surprised by the scope of this project. In this article I hope to convince you to consider a purchase here in Scottsdale as part of your recreational and retirement plans. Scottsdale is an affluent area of the Arizona desert. [...] Today Canada’s Federal Finance Minister Jim Flaherty introduced new restrictions to be placed on mortgages insured by the CMHC. (Those are mortgages where the homeowner contributes less than 20% of the purchase price as a down payment.) These new rules will take effect on March 19, 2011. · Maximum Mortgage Amortization periods will be reduced from [...] On May 6th, 2010 the stock market experienced a momentary crash. In that brief span of time, a trillion dollars of market capitalization was lost, and many well-known corporations’ stock was reduced to trading at a few pennies. While the event caused the market to quote unreliable prices for the stocks involved, there was no [...] On March 17th 2010, trading of the Canadian dollar rose to just over 0.992¢ in U.S. dollars, bringing thoughts of Dollar parity with the United States. The problems of the United States dollar are well known and documented. Their greatest problem is the historic levels of debt in the nation. Deficit spending is rattling the [...] Canadians are continuing to head overseas to invest in real estate. The resilience of housing prices here and a strong Canadian dollar are making overseas investments look more attractive than those in our own nation. It is much safer to invest in a market such as the United State or Mexico, when real estate prices in those nations [...] |
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Copyright © 2012 REAL VALUE - All Rights Reserved. Unless otherwise identified, content written by Marcus Assalone. Some information may have been taken from CMHC, RECO, or Toronto Real Estate Board publications. Opinions expressed in comments do not neccessarily reflect those of Marcus Assalone or Coldwell Banker. 
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