I ask you this, do you think what is going on in the US Housing Market is relevant to us here in Canada? Should we be looking to what is going on there to forecast the future of Canadian Real Estate?
All you have to do is a search and you will see countless News Articles, Blog Sites, and Economists talking about the Housing Decline in the United States.
What makes us different in Canada? What makes Canadian Real Estate different than that of the US Market?
We have experienced the same increases in housing prices the last couple of years. So why is it different when it comes to a decrease??
Keep an open mind and read all that is out there. Don't just listen to Real Estate Professionals that have an interest in you buying a home.
Learn from those that bought in the height of the Real Estate Bubble and now can't sell for what they purchased for. Look at the individuals that bought from Bulders and are now seeing that same Builder trying to sell existing inventory for far less than what they paid only a Year ago.
We may not see the same declines as they have, but are you willing to take a chance with your hard earned money? Are you ready to put it down and watch it evaporate as prices come back to their inflationary normal levels?
All you have to do is a search and you will see countless News Articles, Blog Sites, and Economists talking about the Housing Decline in the United States.
What makes us different in Canada? What makes Canadian Real Estate different than that of the US Market?
We have experienced the same increases in housing prices the last couple of years. So why is it different when it comes to a decrease??
Keep an open mind and read all that is out there. Don't just listen to Real Estate Professionals that have an interest in you buying a home.
Learn from those that bought in the height of the Real Estate Bubble and now can't sell for what they purchased for. Look at the individuals that bought from Bulders and are now seeing that same Builder trying to sell existing inventory for far less than what they paid only a Year ago.
We may not see the same declines as they have, but are you willing to take a chance with your hard earned money? Are you ready to put it down and watch it evaporate as prices come back to their inflationary normal levels?
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