by MyInvestment | Nov 27, 2017 | Real Estate News
There may be concerns about the impact of the GOP tax plan on the housing market, but ex-Wells Fargo CEO Richard Kovacevich says it is mainly the rich who will feel the pain. “You can’t have tax reform unless you get rid of some of the incentives,”...
by MyInvestment | Nov 27, 2017 | Real Estate News
U.S. home building jumped to a one-year high in October likely as disruptions caused by recent hurricanes in the South faded. Communities in the region started replacing houses damaged by flooding. Housing starts surged 13.7 percent to a seasonally adjusted annual...
by MyInvestment | Nov 27, 2017 | Real Estate News
The OECD found Canada’s household debt-to-GDP ratio had ballooned to 101 percent — significantly higher than any of the 35 developed and developing countries the group monitors The rapid accumulation of household debt for Canadians could also leave its economy...
by MyInvestment | Nov 27, 2017 | Rental Properties
Baby boomers are the fastest-growing group of renters, Census figures show. More than 5 million baby boomers are expected to rent their next home by 2020. Many boomers want amenity- Russ Chung once lived in a sizable Midwest home, but he recently downsized to a luxury...
by MyInvestment | Nov 17, 2017 | Real Estate News
The Canada Mortgage and Housing Corporation (CMHC) released its monthly housing starts figures for October 2017, announcing that national construction has remained steady. Last month, housing starts trended at 216,770 units, compared to 215,153 in September 2017. The...
