The demographics of first time homebuyers has noticed a considerable change in the past few years. Specifically, more single ladies are able to obtain property by building up their own personal equity and with significantly less focus on holding out to find a life companion. This means that, more single ladies are stepping into homeownership than have been in earlier … Read More
The Costs of Closing on a Home
Did you know that in addition to the downpayment and mortgage, you’re also responsible for any miscellaneous closing costs associated with your home purchase? These fees can vary in price, but all must be paid prior to taking possession of your home. If you’re currently in the market for a new home, now’s the time to consider these hidden costs … Read More
Step1: Is Homeownership Right For You?
So, you’ve finally decided to fulfill a lifelong dream and buy your own home… how exciting! You are ready to fulfill your dream of having a place to call your own.Buying a home is one of the biggest emotional and financial decisions you’ll ever make. Prepare by learning about the process of homebuying and the responsibilities of homeownership. … Read More
Home Prices Rise for Second Consecutive Month: Teranet
According to the latest numbers the correction of housing prices late in 2010 seems to have been a short-lived phenomenon, as for the second consecutive month prices increased overall in four of six Canadian metropolitan markets. Canadian home prices in January were up 0.4 per cent from the previous month, according to the Teranet–National Bank National Composite House Price … Read More