Real eState
Why commercial real estate can be a great hedge against inflation
Finding a safe investment to act as a hedge and bulk up your income is essential during economic uncertainty. The right investment can support you in an emergency and safeguard the future of your finances.
As a tangible asset with plenty of cash-flow potential, commercial real estate is a great place to invest to protect your money and your future.
Build financial freedom with real estate investing
Commercial real estate is an enticing investment that can diversify your portfolio and generate consistent passive income.
Plus, because of the income it generates and its tangibility, commercial real estate acts as a hedge against inflation. When the value of the dollar drops, property values tend to increase and your real estate investment returns prove themselves lucrative.
It’s a solid investment choice for people looking to build their portfolios and protect their wealth for the future, but it hasn’t always been accessible.
Invest like a millionaire without having to be one
Because commercial real estate investing is not typically offered on a fractional basis, the barrier to entry has been prohibitively high for most investors.
But, through tokenization, HoneyBricks has made commercial real estate investing available to accredited investors looking to build their wealth.
You don’t need to be a millionaire to invest in real estate that produces strong, stable returns. In fact, all you need is a minimum of $100 to invest in your first property and start reaping the rewards of a consistent passive income.
It only takes minutes to create your free account and start investing through HoneyBricks.
With investments both vetted and managed by their experienced team, you don’t have to stress about the status of this stable investment available right at your fingertips.
Sign up for HoneyBricks today and start building a future of financial freedom.
This article was created by Wise Publishing. Wise is devoted to providing information that helps readers navigate the complex landscape of personal finance. Wise only partners with brands it trusts and believes may be helpful to the reader. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Real eState
Mortgage rule changes will help spark demand, but supply is ‘core’ issue: economist
TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.
The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.
CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.
However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.
Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.
This report by The Canadian Press was first published Sept. 17,2024.
The Canadian Press. All rights reserved.
Real eState
National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
The Canadian Press. All rights reserved.
Real eState
Two Quebec real estate brokers suspended for using fake bids to drive up prices
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
The Canadian Press. All rights reserved.
-
Politics10 hours ago
New Brunswick Premier Blaine Higgs expected to call provincial election today
-
Media10 hours ago
Sutherland House Experts Book Publishing Launches To Empower Quiet Experts
-
Sports6 hours ago
Arch Manning to get first start for No. 1 Texas as Ewers continues recovery from abdomen strain
-
News22 hours ago
Alberta Premier Smith aims to help fund private school construction
-
Investment9 hours ago
Canada’s Probate Laws: What You Need to Know about Estate Planning in 2024
-
Politics9 hours ago
New Brunswick Premier Blaine Higgs kicks off provincial election campaign
-
News10 hours ago
Quebec won’t fund graphite mine project tied to Pentagon; locals claim ‘victory’
-
Sports6 hours ago
Former Canada captain Atiba Hutchinson tells his story in ‘The Beautiful Dream”