Having Fun Inc Blog

If you want to gauge the health of a particular real estate market one tool is to look at the affordability index.  This looks at how easy it is for home buyers to enter the market and own their own home.  But this does not just effect first-time home buyers as it has a ripple effect all the way up to luxury homes.If you wanted to get into the Oakville real estate market you might need upwards of a five hundred thousand dollars.  For many buyers this is simply well out of reach.  However buy purchasing something in a more affordable neighboring market, make some upgrades and then reselling it you could afford a more expensive home in just a few years.