Here are some positives of U.S. home ownership as well as some pointers to consider before you take the plunge.
Canadians are snapping up property bargains south of the border, making them the biggest segment of the United States' foreign buyer market. Having endured extreme house price increases in cities like Toronto and Vancouver, some Canadian homeowners are turning their sizable equities into investments. Others are cashing out portfolios or using savings to buy. Because of the mortgage crisis in the U.S. for the last five years, there are still major deals to be had -- although the markets are always changing. Some areas of the U.S. have already gone up in overall housing prices, and inventory is dropping. Canadian home buyers Rodney Hynes and Thomas Hunt purchased in Brooklyn, and in the year that they were looking, they saw prices go up as much as 40 per cent. But they still managed to get in the market at a reasonable price.
* Article: How to bargain shop for U.S. real estate
Henry Ji, President & CEO of Sorrento Therapeutics explains Cynviloq the company's cancer treatment drug and Resiniferatoxin, a drug candidate currentl... More Henry Ji, President & CEO of Sorrento Therapeutics explains Cynviloq the company's cancer treatment drug and Resiniferatoxin, a drug candidate currently in clinical studies for the treatment of cancer pain.
Date 5 hrs ago, Duration 1:30, Views 55
Date 14-04-29 4:50
Tooltip Information:Be fearful bulls, volatility is on the rise [04-29-14 8:45 AM]Video by:Description: Scott Bauer, Senior Market Strategist, Trading Advantage breaks down what the Fed should do.Rating: 4Views: 685
Date 14-04-28 5:28
Tooltip Information:How new CMHC rules will impact housing [04-28-14 12:30 PM]Video by:Description: Robert Hogue, Senior Economist, RBC Capital Markets tells BNN how new CMHC rules will impact the housing sector.Rating: 2.8Views: 5698
Date 14-04-28 4:54
Tooltip Information:How to trade U.S. earnings [04-28-14 8:45 AM]Video by:Description: Elliott Fishman, Director U.S. Equities, Portfolio Advisory Group, Scotiamcleod joins BNN to wrap U.S. earnigns and key events he's watching.Rating: 4Views: 73
Date 14-04-29 6:29
Tooltip Information:Shareholder earnings watch: Suncor, Forest Labs, Goodyear [04-29-14 7:10 AM]Video by:Description: Lorne Zeiler, vice-president, Tridelta Financial joins BNN to break down Suncor, Forest Labs earnings, and discusses why he is bullish on Goodyear.Rating: 4Views: 286
Date 14-04-28 5:49
Tooltip Information:Barrick, Newmont deal not dead yet [04-28-14 12:05 PM]Video by:Description: Newmont Mining has ended merger talks with Barrick Gold. But one analyst thinks a deal could still happen sometime down the road. BNN interviews John Ing, President and Gold Analyst, Maison Placements.Rating: 4Views: 72
Date 14-04-28 5:00
Tooltip Information:Why your gas prices could rise higher [04-28-14 8:15 AM]Video by:Description: David Madani, Canadian Economist, Capital Economics joins BNN to disucss why Canadians could pay even more for gas, and what it means for the economy.Rating: 4Views: 151