Why Canadians debt is so high?A broker just told me she did a mortgage consolidation for a young couple who had 3 Citi bank cards with $30,000 balances! That's $90,000 at 22% now that's crazy yet the government has not thought to limit the unsecured credit allowed from one credit card company! Now when will they go after the non bank credit card companies that continue to give their clients h ...
The annual Home Listing ReportPlease click podcast listen to Cantonese interview
The annual Home Listing Report, released Wednesday by Coldwell Banker Real Estate LLC, covered typical 4 Bedroom, 2 Bathroom homes in the company's active N. America-wide listings - homes aspired to by many move-up buyers.
Comparing 10 Most expensive & 10 most affordable market in Canada & US.
Following are ...
Buy a vehicle? or buy real estate?I totally understand the government's concern on Canadian's high debt ratio. Their new mortgage rules have successfully cool down the housing market. However, this deters the public from owning a property they call home and having a roof over their head. These new rules may not help them to pay down their debt. Instead of buying real estate, they might be sp ...
Our debt isn't like their debtCIBC Economist just share his view said Canadian housing market is not going to crash in U.S. style. To read more, click "Our debt isn't like their debt". What I find interesting is not the content of the article, it is the comments people made after they read the article. It's fascinating when I read all the interesting comments like: "everyone I know believe ...
Housing price correction is buying opportunityThere is no doubt the market is softer with more listings than sales. However, I don't find this is unusual. Listings increasing during Summer time is very common. Since the weather is better, lawn looks greener. Sellers think their house looks prettier with nice curb appeals. With interest rates stay low, prices in certain areas being adjust ...
Are you a pessimist or optimist?The pessimistic economists predict 2012 housing market drop anywhere from 12% to 25% when they only look at data but not a real estate professional. Now, another report from the real estate industry shown the widespread call for real estate correction in 2012 simply can't be justified, instead it calls for prices will continue to climb. Read Prices will conti ...
With all respect to the Economists who spent their University time, got their degree(s) but what the heck do they know! They admit only 3 out of 10 times they are right but since people are still interested in what they say, that's why they still have a job.
I wonder how many Economists travel around the world & understand what is going on around the globe. I ain't economists but I have ...
While the world has such confident in our real estate, why are Canadians worry?? Canada top the chart on The Telegraph in UK on Top 10 property safe havens abroad . I understand we need to balance life, we need to find a way to balance life n balance the book...where is the priority? Canadians should take the soft market opportunity b4 it's too late. Tina Mak Personal Real Estate Corporation ...
