Housing Market Help – A First Timer’s Guide

Help for the housing market

Looking to buy – or sell – your home for the first time? From choosing a budget to cashing in on your equity, there’s nothing simple and stress-free about the process.

This week, we focused on the most common first time buyer FAQs. Read on to choose the best place to buy, where to invest those real estate dollars, and what to do if you’re not sure about selling.

Canadian House Market: What You Can Buy For $350,000

Depending on your city and province, home prices in Canada can vary as widely as the scenery; Vancouver prices are mountain high, while east enders enjoy some of the most affordable options. Where can you get the most bang out of a $350,000 home buying budget? Read on to find out! Read Allan’s Blog | What You Can Buy For $350000

Condo Market 2013: Still A Good Home Buying Option?

The Canadian condo market has been heating up for years, viewed as an affordable option by first time buyers, who snapped up units in droves. These days though, new affordability restrictions have limited the amount of buyers, creating an oversupply issue in once-hot urban markets. Are condos still a good investment, or should buyers be wary of an impending crash? Read Diane’s Blog | Condo Market 2013

5 Reasons To Buy A Home In The Off Season

Spring and summer are traditionally the hottest home buying seasons – buyers are looking to settle into their new abodes while the weather is nice, and before school and work start back up in the fall. However, there are bargains to be had by waiting for colder temperatures before starting your house hunt. Read Melanie’s Blog | 5 Reasons To Buy A Home In The Off Season Need to catch up on current finance news? Check out the hottest headlines below:

What’s Your Console Really Costing You?

Can’t wait to get your hands on the new PS4 or Xbox One? The latest RateSupermarket.ca study breaks down the cost of gaming in Canada and how you can save the princess… and some cash!

Read Penelope’s Blog | What’s Your Console Really Costing You?

U.S. Senate Agrees To End Shutdown And Raise Debt Ceiling – For Now

The US senate agrees to end the government shutdown and raise the debt ceiling, in a last minute resolution avoiding a global financial crisis. But has the damage already been done?

Read Penelope’s Blog | U.S. Senate Agrees To End Shutdown

How Seller’s Remorse Can Break The Bank

It’s normal to feel a little sad when selling your home – especially if it holds years of fond memories. But if your home sale is creating feelings of anxiety, regret and loss, you could be suffering from seller’s remorse – and that can cause severe financial consequences.

Read Jaclyn’s Blog | How Seller’s Remorse Can Break The Bank

Can’t Find A Job? 5 Mistakes You Could Be Making

Cant find a job? New Stats Can numbers show many young adults have stopped trying. Here are the top job hunting mistakes you could be guilty of.

 Read Rubina’s Blog | Can’t Find A Job?

Throne Speech 2013: New Promises For Canadian Consumers

Throne Speech 2013: Updates for consumers include cable unbundling and transparency for credit card and loan interest charges. Will this kinder consumer approach spell savings for Canadians?

Read Sean’s Blog | Throne Speech 2013

5 Steps: What To Do After A Car Accident

Do you know what to do after a car accident? Follow these 5 steps to stay safe, report the incident properly, and protect your insurance premiums.

 Read Gordon’s Blog | What To Do After A Car Accident

 What You Need To Know About Socially Responsible Investing

Socially responsible investing is becoming more popular as consumers become savvier to ethical and sustainable products and businesses. Here’s what you need to know about investing in such a cause, and determining if a company truly follows a socially responsible model.

 Read Andrew’s Blog | What You Need To Know About Socially Responsible Investing

Easy Ways To Market Your Home Online

Looking to sell your home? Don’t forget to boost its visibility with the latest online marketing tactics. Check out this breakdown of what works, and what it’ll cost you.

 Read Andrew’s Blog | Easy Ways To Market Your Home Online

Understanding Pension Plan Formulas

Pension plan formulas can be confusing. Here’s a clear breakdown of the three most common types, and how to achieve your retirement planning goals.

 Read Sean’s Blog | Understanding Pension Plan Formulas

You Answered!

This week, we asked our dear readers:

Would you buy a condo as your first home?

33.7% of poll takers say they wouldn’t, preferring to save longer for a detached home option.

32.6% say they would buy a condo as they’re the only affordable option in their urban area.

25% are wary of the condo market, saying they’ll hold off due to oversupply crash fears, and

8.7% said they would buy a condo, but only as an investment property.

Want in on the winning action? Answer this week’s poll:

Which financial literacy area would you like to improve in?

 Also, be sure to visit us on Facebook, Twitter, or shoot us a comment on the blog!

Related Topics

Mortgage News / Mortgages

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