News/Articles
60 to 70% of Canadians are home owner and no foreclosure crisis
Canada leads the world in financially-sound homeownership. Based on a survey conducted by the Canadian Association of Accredited Mortgage Professionals, Canadians could afford to pay additional $1,000 per month on average on their mortgages if rates went up. Is there something we could learn from them? Source(s): Real estate: comparing Canada and the US – [...]
Read More >>American dream of homeownership still lives
According to a recent study conducted by the Pew Research Center in U.S., 37% of its survey respondents strongly agree and 44% somewhat agree that homeownership is the best investment a person can make. In the renter group, 81% of them said they would like to buy. Despite recent decline in home value, 82% of [...]
Read More >>Foreign investors see green in U.S. real estate
European and Canadian investors are seeking opportunities in U.S. commercial real estate. Investors from Asia also show great interest. They think the U.S. real estate market has reached the bottom. According to the source, these investors are investing in New York and Washington last year. They are in Boston, Los Angeles, San Francisco and Chicago [...]
Read More >>What Warren Buffet has to say about the housing market
The 3rd richest man in the world, Warren Buffet, has an optimistic outlook for the housing market. He predicts the worst U.S. residential real estate slump since the Great Depression will end in 2011. Real estate professionals all welcome his prediction but with some skepticism. Warren has deeply invested in the real estate. Could he [...]
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