Today I am gratful for many things……but I am most grateful to be able to share this story with YOU! Gratitude Napkins… Frank’s Diner was once an energized, thriving business, a favorite spot for locals and tourists alike in the scenic New England town of York Beach Maine. But when the economy hit a brick […]
Interesting video! If you own a business or are thinking of starting one; I would suggest you watch this video. Why carrots and sticks do NOT work? As always we welcome your comments below. P.s Remember to share with the world via our social media tabs. Thanks
“Royal Bank says the cost of home ownership became more affordable in the most recent quarter due to a modest decline in home prices and gains in Canadian household incomes. RBC’s affordability index for a detached bungalow stood at 42% of income nationally in the second quarter. That means an owner would need to spend […]
“Royal Bank says the cost of home ownership became more affordable in the most recent quarter due to a modest decline in home prices and gains in Canadian household incomes. RBC’s affordability index for a detached bungalow stood at 42 per cent of income nationally in the second quarter. That means an owner would need […]
“Toronto builders say tougher mortgage restrictions from the federal government are eating into new home sales and gutting consumer confidence. The Building Industry and Land Development Association says greater Toronto area sales through the first 10 months of the year are 14% below the long-term average. It now looks like 2012 will be the third […]
“New borrowing rules have hit homeowners so hard that it could undermine any economic recovery in Canada, says a new study from the country’s mortgage brokers. The Canadian Association of Accredited Mortgage Professionals says since new rules went into effect in July, 2012, resale housing activity is 8% lower between August and October than a […]
“Severe tightening of mortgage rules risks downward spiral Analysts talk about “pro-cyclical lending” — a tendency of lenders to make credit more available during good times (which causes economic peaks to be even higher than they might be) and to make credit less available during periods of weakness (which makes downturns more severe than they […]
“But Warren Buffett, the Oracle of Omaha, told CNN that he does not think the U.S. will go into a recession. He also thinks president Obama is right in trying to raise $1.6-trillion in revenue: ‘We need $1.6 trillion. We need to get our revenue up to about 19 percent of GDP, and we need to get […]
Have you wondered why investing leaders like Warren Buffet are now turning to real estate? Click the link below and read about the low returns investors have historically received on bond holdings…then compare those returns with real estate… “Thoughtful investors avoid what behavioral finance experts call the “money illusion” — the tendency to think of […]
“Calgary and Edmonton are now the top cities for real estate investment, according to a new report from PwC and the Urban Land Institute, which says the two Alberta cities have displaced Toronto and Vancouver for 2013. Investors will favour apartment and office buildings next year while developers will focus on the retail market but […]
