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...