by kramoltz@hotmail.com | Feb 28, 2015 | Home Ownership, Preparing a Home for Sale
When homes decrease in value, people stay put. Many are unable to move due to a lack of equity or can’t afford the sale and moving costs. But if homeowners need a change, will they recoup any of their costs if they remodel? Remodeling Magazine’s Cost vs. Value Report...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians
In the midst of more news about the continuing struggles of the U.S. home market, the news from Ottawa last week is that Canadian home prices rose 1.3 per cent in May, their largest monthly gain since last September. On an annual basis, prices rose 13.6 per cent and...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
Once again the latest numbers show that Canadians bought more U.S. properties than the citizens of any other country in the U.S. last year – almost one-quarter of the real estate purchased by citizens of other countries in the United States. A few blogs ago I...
by kramoltz@hotmail.com | Feb 28, 2015 | Canada and Canadians
Last year I wrote about the increasing strength of the Canadian dollar relative to U.S. currency, and the result of a favorable currency exchange rate to Canadian investment here. I also discussed the positive impact the exchange rate makes to my fellow Canadians when...
by kramoltz@hotmail.com | Feb 28, 2015 | Real Estate Facts & Figures
Everybody who knows me know how much I love hockey. I’m a Canadian so it is a genetic issue, I still play twice a week, and I watch every game I can on the NHL Center Ice channels. But I never thought you could analogize my favorite sport to real estate. But according...