26 Nov

5 steps to help you prepare for buying a house

General

Posted by: Drummond Team

5 steps to help you prepare for buying a house

5 steps to help you prepare for buying a house

Before you even start your home search, you’ll need to get a few things in order

This November will be the 5th anniversary of Financial Literacy Month (FLM). It’s a month-long awareness campaign to promote the importance of making informed financial decisions and developing healthy financial habits—decisions and habits that can make or break your desire to become a homeowner. So, before you even start your Multiple Listing Service search, you’ll need to get prepared. To help you, here’s a five step process that can support your decision in buying a house.

Read more from MoneySense.

26 Nov

Are young homeowners doomed if housing prices drop?

General

Posted by: Drummond Team

Are young homeowners doomed if housing prices drop?

Are young homeowners doomed if housing prices drop?

It may be time to let go of the ‘Canadian hang-up’ that everyone must own a home

Young Canadian homeowners are in for some tough times if the housing market comes crashing down around them, a new study suggests, but realtors and economists say there’s no reason to panic. 

Read more from CBC.