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real estate: Real Estate Values and Flooding: What’s the Impact?
- 11/15/16 03:49 AM
It is reasonable to question why anyone would buy a home in a floodplain. Perhaps the house sits in a beautiful historic town, or maybe some feel that having a picturesque waterfront property is worth the trouble caused by a flood. Unfortunately, climate change and global warming will be increasing both the severity and frequency of floods around the world. How this will impact the real estate market is a concern. Although the obvious answer is declining property values, the situation is multifaceted and consists of contradictory answers.
How Does Flooding Impact Real Estate Price?
According to the Insurance Bureau of Canada, … (0 comments)
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real estate: Home Insurance: East Coast Disaster Solutions
- 11/14/16 12:41 AM
Newly married? Thinking about purchasing a home along the east coast to live the white picket fence dream?
From the fresh sea air of New England to Florida’s abundance of sunshine and beaches, the East Coast is tempting millennials to buy a home, start a family and settle down. Especially for the later, now might be a good time.
In Florida, for example, home prices are expected to rise in the upcoming years, according to Forbes contributor, Ingo Winzer. Zillow, a leading real estate and rental marketplace, reports that home values there have increased 9.5 per cent over the past year, predicting a rise of 3.3 … (0 comments)
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real estate: The Effects of the Cooling Canadian Housing Market in 2017
- 10/07/16 02:47 AM
This year has been a wild ride for Canadian home buyers and sellers. Surging prices, overvalued properties and a short supply is being blamed on foreign investors, which have enjoyed great returns since the country began to bounce back from the recession.
However, there is concern from the federal government that they are pricing out locals. This is most pressing in the Vancouver market, the second hottest in the country, but new taxes introduced by the B.C. Liberal party meant to even the playing field for locals, at the same time, devaluing the real estate investments of Vancouverites. The Vancouver market is … (0 comments)
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It is reasonable to question why anyone would buy a home in a floodplain. Perhaps the house sits in a beautiful historic town, or maybe some feel that having a picturesque waterfront property is worth the trouble caused by a flood. Unfortunately, climate change and global warming will be increasing both the severity and frequency of floods around the world. How this will impact the real estate market is a concern. Although the obvious answer is declining property values, the situation is multifaceted and consists of contradictory answers. 
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