Many Canadians are buying homes at record prices. Buying a home at the top of your budget can create a situation where owners are “house poor”. House Poor is a term to describe owners who are able to afford their mortgage payment, but are not able to afford to spend money on other necessities or […]
In the news recently is the “robo-signing” problem that is happening in the USA. Apparently 30% of the US housing market is foreclosed properties. Approximately 2.5 million homes have been foreclosed on in the US since 2005, and there are another 6 million homes that are in foreclosure proceedings or about to be foreclosed on. […]
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.