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When I first introduced Marcus to the 13 acre Camel View Village Condo development, he was pleasantly surprised by the scope of this project. In this article I hope to convince you to consider a purchase here in Scottsdale as part of your recreational and retirement plans. Scottsdale is an affluent area of the Arizona desert. [...] Today Canada’s Federal Finance Minister Jim Flaherty introduced new restrictions to be placed on mortgages insured by the CMHC. (Those are mortgages where the homeowner contributes less than 20% of the purchase price as a down payment.) These new rules will take effect on March 19, 2011. · Maximum Mortgage Amortization periods will be reduced from [...] On May 6th, 2010 the stock market experienced a momentary crash. In that brief span of time, a trillion dollars of market capitalization was lost, and many well-known corporations’ stock was reduced to trading at a few pennies. While the event caused the market to quote unreliable prices for the stocks involved, there was no [...] On March 17th 2010, trading of the Canadian dollar rose to just over 0.992¢ in U.S. dollars, bringing thoughts of Dollar parity with the United States. The problems of the United States dollar are well known and documented. Their greatest problem is the historic levels of debt in the nation. Deficit spending is rattling the [...] Canadians are continuing to head overseas to invest in real estate. The resilience of housing prices here and a strong Canadian dollar are making overseas investments look more attractive than those in our own nation. It is much safer to invest in a market such as the United State or Mexico, when real estate prices in those nations [...] The Bank of Canada released its bi-annual report on Canada’s financial system. According to the report, [and yes, I agree with it] Canada has absorbed the shock of the global recession admirably and has made some initial re-organization in order to return the nation to prosperous times. In fact, many elements of the Canadian economy have improved, all except [...] The global recession has hit the world economy in an unforgiving way. Its effect has been headline news in newspapers and other media for a couple years now. We in Toronto have been relatively insulated from the wealth destruction thanks to our diverse economy. However, the truth is, that what we are experiencing is not [...] Now that the business cycle is in the downward part of the curve (the recession), we have to change our investment strategies. Here I will let you in on some tips to profit from this recession. I recommend if you haven’t done so already, please read my article from last year ‘Understanding the Recession’. It’s important [...] There is a recession coming, we in Toronto will be somewhat insulated, yet all in southern Ontario will feel its effects. Luckily, it will not last longer than a year. This article will explain its effects on your real estate investments. History The present financial crush has its roots in the dot com bust in 2000, the [...] |
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Copyright © 2012 REAL VALUE - All Rights Reserved. Unless otherwise identified, content written by Marcus Assalone. Some information may have been taken from CMHC, RECO, or Toronto Real Estate Board publications. Opinions expressed in comments do not neccessarily reflect those of Marcus Assalone or Coldwell Banker. 
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