July 2013 Miscellaneous Economic Fundamentals

Ally

Research Assistant
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Mar 24, 2009
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#2
Young homebuyers learn from experience




Canadian homeowners tend to buy and sell in patterns that mirror their passage through various life stages.




With each stage and each purchase, homebuying comes with its own set of mistakes as buyers` priorities change and their experience in the housing market develops, said Yousry Bissada, the chief executive officer of Kanetix, a web portal that allows consumer to compare quotes for insurance and other financial products online.



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Ally

Research Assistant
Registered
Mar 24, 2009
16,745
70
48
Langley
#3
Is an income property right for you?




If you`re considering buying an income property during your retirement, think carefully before you do so. As long-time property investor Rui Torrao says, `Investment in real estate isn`t for everyone.`




You have to appreciate that`unlike investing in stocks and bonds`this kind of investment isn`t passive. You`ll need to do your homework, stay on top of the real estate market, and master all the details of managing your property to get a good return, even if you hire someone else to do much of the day-to-day work.





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