Tag Archives: Lodging

Door-to-door sellers do the unthinkable (in some markets)

Trying to buy a home over the past decade has been an incredibly stressful exercise. While interest rates were low and credit was relatively easy to obtain, housing prices rose relentlessly. Increasingly desperate buyers have been forced to engage in bidding wars, forgo inspections and even camp out for the chance to buy a piece… Read More »

Nearly 25% of first-time home buyers open a new credit card when closing a home. Why this might be a really bad idea.

Almost a quarter of first-time buyers open new cards within six months of buying a home, according to a new study. The Realtor.com and Experian study, which was released in May but examines consumer behavior between 2020 and 2021, found that 24.4% of first-time buyers opened a new bank card within the first six months… Read More »

A look at some of the most expensive homes for sale in Ontario

Point2 has compiled a list of the most expensive homes currently for sale in Canada’s largest cities and 11 Ontario properties make the list. Topping the list is a house in Mississauga with an astonishing price tag of $37,500,000. It is also the second most expensive home currently for sale in Canada, according to Point2,… Read More »

Rents rise as deep-pocketed investors buy mobile home parks

Sue Veal, 69, gardening at her home in Rochester, NH, May 17, 2022. The Washington Post | Getty Images For as long as anyone can remember, rent increases rarely happened at Ridgeview Homes, a family-friendly mobile home park in upstate New York. That changed in 2018 when business owners took over the 65-year-old park located… Read More »

Home ownership for some Canadians continues to be out of reach. Here’s why – National

Black and single seniors continued to face housing challenges in 2021 despite fewer households living in unaffordable situations, according to a recent Statistics Canada report. According to an expert, housing Problems remained for some populations due to unaffordable rents, soaring house prices and rising costs of living in urban cities like Toronto and Vancouver. “Rising… Read More »