Well folks time for me to start writing again.
For those that have recently burned fingers in TSX and NSE will be thrilled on getting news about strong market rallies for last two days.
Investors in any market go with basically two big options for investments:
1) Stocks
2) Real Estate
Out of the two which one is better ????? Hummmm...
Well the answer lies in how much Risk an investor can take. The higher the risk is the better the the results will be.
I am not advocating that real estate is far more better to option as its more secure and way less riskier then Stocks. But what I am saying is that its size of your risk that one can take from the uncertainty to certainty. If you can take the high level of risk then the stocks for sure have a much quicker return as compare to real estate.
But in my opinion a rule of thumb is to diverse your investments and go with the amount of risk that you can take with a combination of both.
Until next time!
Asher
Sales Representative
www.homesforgta.com
Re/Max Active Realty Inc.
Wednesday, October 29, 2008
Tuesday, October 21, 2008
Housing Market Condition
There’s been a lot of talk about real estate in the news in recent months. We’ve heard about declining housing starts, falling existing home sales, double-digit price depreciation, subprime fallout and foreclosures – in the United States. Fortunately, we live in Canada. And Canadian real estate markets are far-better positioned than their American counterparts for a good number of reasons.
Subprime mortgages represent less than five per cent of our market nationally.
Foreclosures occur in about one quarter of one per cent of mortgage transactions in this country.
Canadians have more equity in their homes.
We have less debt than our neighbours south of the border.
Speculation has played little or no role in existing home sales in Ontario.
The fundamentals of our economy are relatively solid. Of the G8 countries, only Canada is expected to show growth in 2008 and 2009.
The Canadian banking system is one of the best in the world, relying more on old-fashioned lending than innovative financial products geared toward profit.
The Canadian job market is stronger than the US, adding more than 200,000 jobs so far this year.
Interest rates remain favourable.
Housing values in Ontario major centres did not experience serious, double-digit price appreciation year-after-year for an extended period. Our markets were characterized by stable, healthy growth.
Immigration continues to play a key role in housing markets. Between 2001 and 2006, more than 1.1 million immigrants came to this country, with about half settling in the province of Ontario. Immigrants tend to purchase a home within the first five years of living in Canada.
Asher
www.homesforgta.com
Subprime mortgages represent less than five per cent of our market nationally.
Foreclosures occur in about one quarter of one per cent of mortgage transactions in this country.
Canadians have more equity in their homes.
We have less debt than our neighbours south of the border.
Speculation has played little or no role in existing home sales in Ontario.
The fundamentals of our economy are relatively solid. Of the G8 countries, only Canada is expected to show growth in 2008 and 2009.
The Canadian banking system is one of the best in the world, relying more on old-fashioned lending than innovative financial products geared toward profit.
The Canadian job market is stronger than the US, adding more than 200,000 jobs so far this year.
Interest rates remain favourable.
Housing values in Ontario major centres did not experience serious, double-digit price appreciation year-after-year for an extended period. Our markets were characterized by stable, healthy growth.
Immigration continues to play a key role in housing markets. Between 2001 and 2006, more than 1.1 million immigrants came to this country, with about half settling in the province of Ontario. Immigrants tend to purchase a home within the first five years of living in Canada.
Asher
www.homesforgta.com
Sunday, October 19, 2008
Market Update -
Hi Folks!
Well after sometime I am back again.
People are asking about the market hapenings right now.
Well all I can say is that its not Canada that is shwoing signs for slowness, but in fact its all over the globe that is showing similar signs.
Canada is still has the strongest ecocnomy in the G 8 countries. And the proactive strategy will help up to cope up the porblems before they will happen.
Market is still good in terms of the realestate. And one important thing is that we are already in a conventional slow time of year and it will pick up in now after winter.
So just chill and stop worrying about more upcomming things. i.e. are you in best of your physical shape for showling the snow form driveway?? lol.
Till next time!
Asher
www.homesforgta.com
Well after sometime I am back again.
People are asking about the market hapenings right now.
Well all I can say is that its not Canada that is shwoing signs for slowness, but in fact its all over the globe that is showing similar signs.
Canada is still has the strongest ecocnomy in the G 8 countries. And the proactive strategy will help up to cope up the porblems before they will happen.
Market is still good in terms of the realestate. And one important thing is that we are already in a conventional slow time of year and it will pick up in now after winter.
So just chill and stop worrying about more upcomming things. i.e. are you in best of your physical shape for showling the snow form driveway?? lol.
Till next time!
Asher
www.homesforgta.com
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