Found 2 blog entries tagged as investment.

Assessing Property's long term potential

You see a home on the market that you like. Should you buy it? Before you make an offer, it’s a good idea to get a sense of the property’s long-term potential. After all, a property is not just a potential home, it’s also an important investment.

Here are some things to look for when viewing homes on the market:

  1. Is the area’s average income increasing? The more affluent a neighbourhood becomes, the higher the property values.
  2. Are employment opportunities growing nearby? If jobs are leaving the area, housing prices will likely decline.
  3. Is there any nearby housing or community developments that will enhance the quality of life in the area? If a park with a quiet walking trail, or a prestigious golf course, is being built nearby, the value…

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Do you ever wonder how you’ll pay for your children’s education? Or your own retirement? The solution might be real estate. Consider:

FACT #1: “The Haves and the Have-Nots”
The gap between the rich and poor is growing rapidly. Top 20% average net worth family increased income by 80% over a dozen years; the rest averaged much less (38%).

FACT #2: Post Secondary Education is the Key
Earnings of full-time workers who have a college degree continue to accelerate faster than those with just a high school diploma. In 1979, the average college graduate earned 49% more a year on average than a worker with only a high school diploma. By 1994, the earnings gap had widened to 89%. Each year of formal schooling after high school adds 5% to 15% to annual earnings…

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