September 2013

Found 2 blog entries for September 2013.

If so, you may be considering your options. Should you downsize into a condo or into a smaller home? It's a question that's on a lot of baby boomer's minds these days as they look at the advantages and disadvantages of both.

While it's often assumed that a person will automatically choose to downsize into a condo, many people that are of retirement age are looking for a smaller home instead. The transition from a bigger house to a smaller one can be a lot easier to take. You can still enjoy a home, a garage and tending to the garden while remaining active.

While it's a nice idea to downsize into a condo, not all retirees want to give up the benefits that come with home ownership. All of the maintenance issues that come with a home aren't seen as a bad

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As the interest rates begin to climb, people that are interested in buying a Calgary home will follow one of 2 routes. They may either decide to get right into the market as fast as possible before the interest rate rises further or they may jump back and put their home purchase on hold temporarily due to the increasing rates. According to a new report issued by TD Economics, this is the general reaction that can be expected once the interest rates start to move up.

This model by TD projects some interesting figures. For every percentage point that the interest rates go up, the listing sales also go up by 6 percentage points immediately. The rush is on for people that want to lock in their mortgages as fast as possible in fear of further rising rates.

After…
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