A home equity line of credit or HELOC is a revolving credit secured by a home. It can be used to lower borrowing costs, or pay for tuition, or unexpected expenses. It can even help people invest 😎 If we’ve worked hard to build up equity in our homes then why not make that equity work for us? 😉… Read More »
The rising cost of parking In the last decade or so the price of a Calgary parking spot has increased by 233%, according to Colliers international. Toronto prices have gone up 130%. The median price for a monthly spot in downtown Calgary today is $453, and Toronto is $336. But relative to other urban areas around the world… Read More »
New York City is known for its expensive housing. There is even a political party called the “Rent is Too Damn High Party,” which received tens of thousands of votes in the 2010 election. Well the average monthly apartment rent in NYC has finally broken $3000 for the first time. Some neighborhoods, especially in the Manhattan area, homes… Read More »
The Canadian Real Estate Association recently announced that national home sales pretty much stayed the same in April. Compared to last year’s April activities, sales were 3.1% lower this year. However, the average sale price rose by 1.3% over the same time led by gains in Calgary, and parts of Ontario. The national average price for homes is now $380,588. Overall CREA… Read More »
Last month when I increased my farm’s value, I wrote that it was “the easiest $2,500 I’ve ever made.” I just held onto an investment and the market did the rest :0) By the end of April I was so ecstatic to find my net worth has climbed by $5,200 in just one month 😀 Well just when it… Read More »
Good things come to those who wait. Unfortunately that’s not always the case for investors. I missed out on a good piece of farmland recently because I didn’t act quickly enough 🙁 Saw this posting last week. It’s on the realtor.ca website so anyone could browse all the various agricultural listings on there. This particular land is uber… Read More »