Explore : Affordable Housing

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Affordable housing using $500 million revenue : BC Province

Westernmost Province of Canada, British Columbia which is better known as BC, has decided to use vibrant real estate market revenue for affordable housing units.

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Nearly 10 Year Peak in Home Prices in U.S.

A per housing barometer report given by Nationwide this week, since 2008 during mortgage crisis US home prices have risen nationally, but in majority of local house market health fundamentals show that other housing bubble is not emerged.

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Need New Housing Construction in 10 Metros

Less number of homes for sales are making buyers to push home prices and frustrated. One important thing that U.S. housing market is inadequate. Lack of construction on new homes making this shortage to even worse, especially in some country’s most crowded, priciest and biggest cities.

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Downfall in Vancouver Housing Market

In early days of August, Vancouver’s housing market boosted with bang just after July 25th announcement made by British Columbia of 15% real estate tax, with a purpose to stop the Chinese “hot money”. As per report of two weeks ago, when tax was implemented, in the first days the local market fell down in Vancouver fell down to $1.1 million, which is down 20.7% over period of 28 days and down at 24.5% for over the last 3 months.

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Slowdown in Canada real estate is beneficial to home buyers

A Mortgage broker, Chief Economist said that slowdown moments in real estate has given an opportunity to home buyers to have an unpleasant emotionally charged up market.

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$1 Million Bet High End Flip House

A house flippers and real estate agent, Dana Rice, was in deep pain due to remodelling of project. Dana bought a home 1938 in an affluent neighbour of Maryland, Bethesda for an amount of $6,00,000 and changed it to get a huge profit. It took 4 months to build and a cost of $4,00,000. During last weekend Rice kept the home for $1,469,000. These was a huge amount of millions of dollars of her money which was on stake.

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Things to keep in mind while buying a smart home

Temptation needs to be avoided To get peace of mind and to enjoy life by turning from a simple home to a smart home with more security and convenience are dreams of homeowners. Presently, home developers are attempting to fulfill needs of homebuyers. Shopping wise,a smart home can be find out which suits the preferences and taste of family without spending fortune. Below are some tips that can should be kept in mind while buying a smart home.

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Home Prices Recorded High, But it is not a bubble to blow in US

S&P/Case-Shiller said that home prices in US are still continuous to get high but there is no reason to think of a collapse in prices right now.

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Sentiments of US Homebuilders fall down by 2 points in October

Homebuilders are feeling enthusiastic and positive about housing market, as not much as they were in month of September, it is then when monthly survey was done to boost up the confidence of builders.

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High prices give homeowners equity more in billions

Home prices rose for 53 straight months, lifting million of home borrowers from underwater on mortgages.

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