Home Capital

One of the most recent and frightening developments on the Canadian real estate scene is the destruction of Home Capital. Home Capital is referred to as an alternative lender, it lends money to house buyers who otherwise do not qualify for a residential mortgage from traditional lenders. In other words, these are high-risk mortgages. Home…

Going from dumb to dumber

Bidding wars, shortage of listings challenge London buyers, realtors This is an article that you should read to just prove how stupid things are getting. London is one of the sleepiest cities in Canada. Talk about nothing going on. Yet there is some pressure on house prices there. I lived there for two years. I…

Focusing on real estate in Canada

  Looking at real estate in Canada My blog looks at a number of aspects of real estate in Canada. From prices to mortgages to interest rates and general economic conditions. As you can imagine, the amount of information available is considerable. I’ll try to provide information that is relevant and timely as relates to informed decision making on…