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Conference Board predicts 2.7 per cent growth for Hamilton in 2015

Hamilton Spectator By Meredith MacLeod Hamilton’s economy will grow by 2.7 per cent this year, up from 1.7 per cent in 2014, according to numbers released by the Conference Board of Canada on Thursday. That places the city at fourth in predictions for growth, behind Toronto, Vancouver and Halifax, which are all forecasted to grow…

Tightest Hamilton rental market since 2002

  Tightest Hamilton rental market since 2002 halts condo conversions ‘More people are at greater risk of homelessness and of general hardship’: City staff By Kelly Bennett, CBC News Posted: Apr 14, 2015 5:45 AM ETLast Updated: Apr 14, 2015 5:45 AM ET Hamilton’s apartment vacancy rate plunged to 2.3 per cent in 2014, according to…

Rents spiking, vacancies dropping in Hamilton

Rents spiking, vacancies dropping in Hamilton FOR RENT Hamilton Spectator file photo The average market rental unit in Hamilton went for $678 in 2006, jumped to $720 in 2010, and was $813 last year.   Hamilton Spectator By Teviah Moro A dip in vacancies and a spike in rents threaten to make the city’s social…

How will rising interest rates impact investors?

How will rising interest rates impact investors?   (from the Canadian Real Estate Wealth magazine Dec. 16, 2014)  Read more:  Most economists agree that interest rates will rise in 2015 – possibly as early as May – but property experts say the ups and downs of interest rates should never be the ‘be all, end all’ for…

MAXIMIZE RETURN BY USING LEVERAGE

  Click here for PDF file: LEVERAGE-2   What is Leverage? It is an effective investment strategy of using borrowed money to generate higher investment returns. When you actually stop to look at the everyday real estate transactions, a home purchase with only 10 – 25% down payment is actually using leverage! How to maximize Leverage:…