Hey y’all! I hope you’re all having a great Tuesday.
So when you’re getting ready to list your home keep in mind that bright light 💡 helps improve mood 😊 and you definitely want people looking at your home to be in a GREAT mood. Make sure to go through your home 🏡 and replace all the bulbs 💡, clean the windows and make sure the curtains are opened for showings! ⠀⠀
Despite rising home prices and deteriorating affordability, Canada remains a nation of aspiring homeowners.
The study pointed to the continued strong resale activity as one indicator of this.
Resale activity in 2017 was still the third-highest year on record, at 516,500 sales, just off the peak of 541,2220 sales in 2016.
But other polls have also found a strong desire among younger generations that still dream of owning.
RBC’s Homeownership Poll found a seven-percentage-point increase in the percentage of overall Canadians who planned to buy a home within the next two years (32%), and a full 50% of millennials.
Similarly, a RE/MAX poll found more than half of “Generation Z” (those aged 18-24) also hope to own a home within the next few years.
Perhaps the biggest question is whether those aspiring homeowners will have the means to surpass the barriers to homeownership, namely larger down payments and the government’s new stress test. “While recent changes to mortgage qualifying have made the barrier to entry higher, those who can qualify will be much better off in the long term,” Paul Taylor, President and CEO of Mortgage Professionals Canada said in a statement. “Given the economic advantages of homeownership, Mortgage Professionals Canada would recommend the government consider ways to enable more middle-class Canadians to achieve homeownership.” Despite its affordability benefit over renting, Dunning addresses some of the impediments of homeownership, namely the longer timeframe needed to save for the down payment. Despite higher home prices and larger down payments required, first-time buyers still made an average 20% down payment.
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- Adjacent to Jalan Kayu Food Street
- Childcare right beside
- 3 mins to Seng Kang Green Primary School
- 7 mins to Pei Hwa Secondary School
- 5 mins to Seletar Shopping Mall
- 4 bus stops away from Seng Kang Wetland Park and Stadium/Pool.
What are you waiting for! Book and appointment with us now www.teamfatherandson.com
Residents voice opposition to @jacknicklaus Bear’s Club land swap
Jack Nicklaus private Bear’s Club offer of money and a property swap for the right to build on protected land has sparked a flurry of emails to the Palm Beach County commissioners demanding they turn down the request.
______________________ . “As a Palm Beach County resident for 25 years, I am totally against this land SWAP/SALE/BRIBE deal…Please consider what makes this County so beautiful. I can tell you it’s not the buildings.” Wrote Lisa Arscott: “Please vote NO!!!! Voting yes would be a terrible precedent to set and would clearly be your way of saying Protected lands are up for sale to the rich.” Mayor Melissa McKinlay received more than 60 emails about the topic Monday. All opposed the exchange proposal.
Residents have also started an online petition on Change.org called “NO to Jack Nicklaus Land Swap.” It had more than 530 signatures by Monday afternoon.
The Bear’s Club in Jupiter, north of Donald Ross Road, wants to develop about 15 acres of property it owns, but is restricted by a conservation easement. The club is asking the county commission to unlock the land, which is habitat for species such as the threatened gopher tortoise.
The community of single-family homes, a golf course and clubhouse hasn’t said what it would develop on the 15 acres. But the land is zoned for residential, said Garret Watson, a senior planner with Jupiter’s planning and zoning department.
Commissioners are expected to vote on the deal Tuesday. The meeting begins at 9:30 a.m. and is in commission chambers at 301 N. Olive Ave. in West Palm Beach.
The protected land has 165 species of plants and 22 species of animals that have been documented on the site. This was according to an assessment done by the county’s Environmental Resources Management department.
Bear’s Club hired former County Commissioner Karen Marcus to lobby the commissioners. She represented northern Palm Beach County when she was in office from 1984 to 2012. Commissioner Hal Valeche,