Five Steps to a Clutter Free Garage
Posted on Jul 09, 2020
Has your garage turned into a junk drawer of sorts, filled with everything from holiday decorations to sporting equipment? If clutter has taken over your garage, it’s time to get organized, reclaim that space, and return your vehicle to its long lost home. 1. Remove all the contents
Clear the driveway and start bringing everything out. Sort items in...
CMHC Tightens Lending Criteria, but Buyers Still Have Lots of Options
Posted on Jul 09, 2020
On July 1, 2020, CMHC modified their lending criteria for insured mortgages to require buyers to have stronger qualifications before owning a home. These adjustments to the requirements include an increase in credit score, a need to have less percentage of income be designated for housing expenses and placing limitations on borrowed down payments...
Sales decline by two per cent from last year amidst COVID-19 pandemic
Posted on Jul 09, 2020
After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling 1,747 units.
Caution remains necessary, as monthly sales are nearly two per cent lower than activity recorded last year. However, this represents a significant improvement compared to the past sever...
Huge Federal Reserve Study of Americans Proves Homeowners have a 36% Higher Net Worth than Renters
Posted on Jun 03, 2020
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups.The study revealed that in 2018, the median net worth of a homeowner was $194,000. At the same time, the median net worth of renters was only $5,400.
These numbers reveal that the net worth of a homeowner...
Lowering Our Personal Expenses
Posted on Jun 03, 2020
One of the things many people learned during COVID-19 is that having your expenses under control is critical to being financially secure. Here are a few things you can do to lower your expenses and start to pad that savings or investment account.
Reduce Phone, TV and Internet Services – Shop around for better deals and… do you really need 300 channe...
COVID-19's impact on Calgary housing market continues
Posted on Jun 03, 2020
City of Calgary, June 1, 2020 –
Housing market activity in May remained slow, but sales exceeded the lows from April, which saw less than 600 sales in Calgary.
May sales totalled 1,080 units, a 44 per cent decline from last year's figures.
"The initial shock of COVID-19 and social distancing measure is starting to ease. This is bringing some buyers an...