Deal Tracker: Real-Time Transaction Tracking & Communication Simplified

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In real estate, every milestone matters—whether it’s the initial offer, conveyancing, or final possession. Missed updates, forgotten reminders, and scattered communication can derail a smooth transaction. That’s why EnviroMint created the Deal Tracker, a cutting-edge solution built to keep everyone informed, eliminate bottlenecks, and streamline communication throughout the entire deal process.

What is the Deal Tracker?

The Deal Tracker is an essential part of our back-office real estate suite, offering automated transaction updates, real-time visibility, and effortless communication for brokers, agents, lawyers, and clients. No more endless phone calls, follow-ups, or last-minute reminders—the Deal Tracker keeps all parties aligned at every key stage of the deal.

Automated Milestone Updates – Stay Informed, Every Step of the Way

From the moment an offer is made to the final possession date, the Deal Tracker automatically notifies all parties involved whenever a milestone is reached. No details get missed, and no one is left wondering about the status of the transaction.

Highlights:

  • Automated notifications for offers, conveyancing, possession, and more
  • Instant alerts to agents, clients, and lawyers simultaneously
  • Reduces manual communication errors and delays

Effortless Communication – Save Time, Reduce Stress

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Gone are the days of sending dozens of emails or making countless phone calls to check on a deal’s progress. Deal Tracker automates all of it, freeing up agents’ time and making communication seamless.

With fewer administrative tasks and better communication flow, agents can focus on what they do best—building relationships, closing deals, and growing their business.

Real-Time Deal Tracking – Visibility at a Glance

The Deal Tracker’s real-time dashboard provides instant access to the status of all transactions, offering complete transparency for brokers and agents. No more wondering where things stand—see the full picture, anytime.

Benefits:

  • Real-time tracking of each deal’s progress
  • Quick identification of pending tasks or delays
  • Increased accountability across all parties involved

Boosts Agent Productivity – Focus on Selling, Not Paperwork with this Canadian conveyancing software

With deal milestones, reminders, and updates all handled automatically, agents spend far less time on repetitive communication and more time on high-value activities. This translates directly into more efficient workflows and, ultimately, more closed deals.

Competitive Advantage for Brokerages – Attract & Retain Top Agents

Offering Deal Tracker as part of your brokerage’s tech suite gives you a distinct competitive edge. Agents appreciate tools that make their lives easier and help them close deals faster. Brokerages using Deal Tracker stand out by providing a streamlined, high-efficiency environment agents want to be part of.

Why Real Estate Professionals Choose Deal Tracker

The Deal Tracker isn’t just another communication tool—it’s a game-changer for real estate brokerages and agents who value efficiency, accountability, and simplicity.

Key Benefits:

  • Automated notifications eliminate communication gaps
  • Real-time transaction visibility improves responsiveness
  • Reduces admin workload, boosting agent productivity
  • Offers brokerages a tech advantage that attracts talent
  • Keeps clients, lawyers, and agents aligned without effort

Simplify Your Transactions with EnviroMint’s Deal Tracker

At EnviroMint, we understand that real estate success hinges on smooth transactions and clear communication. Our Deal Tracker software helps brokerages monitor, manage, and maintain every stage of the deal effortlessly, ensuring that nothing gets overlooked and everyone stays in sync.

Ready to revolutionize how your brokerage tracks deals? Contact us today to learn more or request a demo of Deal Tracker and our Canadian conveyancing software!

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Deal Manager To Go: The Real Estate Office in Your Pocket

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In real estate, speed, flexibility, and accessibility are everything. Whether you’re racing between showings, meeting clients at the coffee shop, or managing deals late at night, the last thing you need is to be tethered to your desk. That’s why we developed Deal Manager To Go—the mobile extension of our industry-leading back office platform, specifically designed for agents and brokers who need to stay connected anytime, anywhere.

With the full power of Deal Manager’s transaction management, document control, and business tools now available from your smartphone, tablet, or laptop, real estate professionals can manage deals, track performance, and access vital information wherever business takes them.

Real Estate Mobile App Convenience – Your Office on the Move

Deal Manager To Go turns your mobile device into a fully functional real estate office. Gone are the days of returning to the office just to file paperwork, update deals, or check reports. Whether you’re out at a showing or closing a deal over lunch, everything you need is right in your pocket.

Key Benefits:

  • Full access to transaction records, deal documents, and listings
  • Instant document uploads and deal entry
  • Secure, cloud-based platform accessible 24/7
  • Seamless communication with your brokerage team

Enter & Manage Deals Instantly – No More Running Back and Forth

Why waste valuable hours commuting to update paperwork when you can enter, update, and finalize deals on the go? Deal Manager To Go eliminates the frustration of paper-based offices and endless trips back to your desk. Simply log in from your phone or tablet, access your deal sheet, fill in the details, and send it off—all while still at the property or client meeting.

Deal Archives at Your Fingertips – Access Past & Present Deals Anytime

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Need to reference a deal you closed last year? Want to check the status of an ongoing transaction without sifting through piles of paper? With Deal Manager To Go’s mobile document management for real estate, your entire deal archive is available at the touch of a button.

Say goodbye to overstuffed filing cabinets and hello to instant access. Now, every document, every detail, every deal is securely stored and accessible in the palm of your hand.

Performance Tracking on the Go – Know Your Numbers, Anywhere

How’s your brokerage performing this month? Are you hitting your targets? With Deal Manager To Go, you can stay on top of your business performance no matter where you are. Our mobile platform gives you real-time access to:

  • Monthly and annual revenue summaries
  • Individual and brokerage-wide performance reports
  • Deal volume and conversion metrics

This isn’t just convenience—it’s the competitive edge that helps you make informed decisions and stay ahead of the market.

Expense Reports Anytime, Anywhere – Better Oversight, Less Hassle

Don’t wait until you’re back at your desk to check your brokerage’s financials. Deal Manager To Go lets you access monthly and annual expense reports directly from your mobile device. Quickly review expenditures, reconcile expenses, and ensure your financial records are always up to date—whether you’re in the office or out in the field.

Simplify Communication & Control with Deal Manager To Go

Managing a busy real estate office requires seamless communication and streamlined processes. Our mobile solution empowers brokers, administrators, and agents to monitor, manage, and maintain all aspects of the business effortlessly. From document approvals to financial oversight, every tool you need is built right in, ensuring your entire team stays aligned, productive, and informed.

Why Brokerages Choose Deal Manager To Go

Deal Manager To Go is more than just a mobile app—it’s a fully integrated mobile solution designed specifically for the fast-paced, always-on world of real estate.

Brokerages using Deal Manager To Go benefit from:

  • Increased agent productivity and flexibility
  • Reduced administrative bottlenecks
  • Improved communication between brokers, staff, and agents
  • Real-time access to essential data and reports
  • Secure document and transaction management from any device

Ready to Take Your Office Everywhere You Go?

Why let geography or office hours limit your brokerage’s success? Deal Manager To Go brings your entire back office solution right to your mobile device—giving you the freedom, control, and speed you need to thrive in today’s real estate market.

Contact us today to learn more or schedule a demo, and see how easily your office can fit right in your pocket.

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Why Your Brokerage Needs Deal Manager: The Ultimate Back Office Solution for Real Estate Professionals

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In today’s fast-paced real estate landscape, efficiency isn’t a luxury—it’s essential. Brokerages juggling multiple transactions, documents, and compliance requirements know how quickly administrative tasks can spiral into a bottleneck. Enter Deal Manager, the all-in-one Real Estate Back Office Solution engineered to streamline your entire operation from listing to closing.

At its core, Deal Manager is more than software—it’s your brokerage’s central nervous system, keeping your team connected, compliant, and productive. Here’s why brokerages serious about scalability and service quality are adopting Deal Manager as their transaction and business management solution of choice.

Document Management for Real Estate – Organize, Simplify, Secure

Forget third-party add-ons and disjointed systems. Deal Manager’s built-in Document Management functionality offers seamless integration, allowing your agents and administrators to attach, edit, and share critical documents effortlessly. Whether it’s deal paperwork, listings, client information, invoices, or T4A processing, everything lives in one secure, easy-to-access hub.

Key Benefits:

  • Attach documents directly to deals, listings, or contacts
  • Eliminate lost paperwork and filing chaos
  • Secure cloud storage accessible 24/7
  • Simplified document sharing with lawyers, brokerages, and vendors
  • Full audit trail for peace of mind and compliance

In an era when deals close faster than ever, centralized document management for real estate is no longer optional—it’s mandatory.

Deal & Transaction Management – Close More Deals, Faster

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Time kills deals. That’s why Deal Manager’s Transaction Management tools are designed to give your agents an edge. Every document, note, and interaction tied to a transaction is recorded and easily retrievable, so your team stays organized and responsive.

Agents can quickly access transaction history, update client details, and track progress—all from a single, user-friendly interface. Whether in the office, at an open house, or working remotely, your team has what they need to move deals forward without delay.

Access Anytime, Anywhere – Real Estate Software Without Borders

Why limit your team’s productivity to office hours? Deal Manager’s cloud-based platform means your agents and staff can work when and where they need to. Scanned documents can be uploaded at the point of entry, whether that’s from a client meeting, open house, or even at the kitchen table.

All parties—agents, administrators, brokers—have secure access to the system 24/7, allowing for seamless communication and document flow.

Business Management for Real Estate Brokerages – Simplify Your Operations

Deal Manager goes beyond transactions. Our Business Management suite was built to support every facet of your brokerage’s back office. From bank reconciliation and invoicing to compliance tracking and tax processing, we offer a comprehensive toolkit to keep your business running smoothly.

Features include:

  • Vendor and customer invoice management
  • Bank reconciliation tools
  • Payroll support with T4A processing
  • Real-time financial reporting and tracking

By consolidating your business operations in one place, you reduce manual errors, improve transparency, and give yourself more time to focus on what really matters—serving clients and growing your brokerage.

Why Brokerages Choose Deal Manager

Real estate professionals need back-office software that works as hard as they do. Deal Manager was developed with feedback from brokers and agents who understand the industry’s unique challenges. Our goal: eliminate inefficiencies, reduce redundancies, and empower brokerages with the tools they need to thrive in a competitive market.

Whether you’re an independent brokerage or a growing firm, Deal Manager helps you:

  • Improve agent productivity
  • Maintain compliance with ease
  • Centralize document and transaction management
  • Simplify business operations
  • Scale without sacrificing service quality

Ready to Simplify Your Brokerage’s Workflow?

Stop wasting time juggling disconnected systems. Let Deal Manager transform your real estate brokerage with a complete, integrated solution built for today’s market demands. Contact us today to schedule a demo and discover how much smoother your business can run.

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Is Your Home A Sustainabuild?

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There have been many advances in the realm of renewable and sustainable energy and practices when it comes to applying them to households and businesses, such as friendlier low-energy bulbs, cutting back on paper usage and promoting recycling, and even household tips to keep your appliances running at peak efficiency to avoid surplus energy consumption. But the question has now become whether these efforts are enough, or if we need to push harder down the road towards sustainability through implementing new construction laws, while revisiting lodging and buildings that may be failing to meet eco-standards.

In the United Kingdom, the government has taken it upon themselves to just do that, and to implement practices to drastically reduce their carbon footprint. To hit their targets by the set goal date of 2050, they must retrofit enough houses to equal the size of Cambridge, every month, for the next 40 years – a daunting, yet admirable task. This brave attempt will hopefully pave the way for other nations to follow suit in a (hopefully) global attempt to reduce our carbon footprint and achieve higher levels of sustainable existence.

New construction’s direction could also potentially shifted in a greener direction, should they take a page or two out of architect Renzo Piano’s book, who recently designed one of the most sustainable spaces we’ve yet to see – “a technically perfect and aesthetically attractive refuge, testing the potential of the minimalist house.” The Diogene, or insanely small yet delightfully appealing cabin/hut/retreat space, is designed to be a voluntary retreat space that can exist independent of any local infrastructure due to its ability to collect, clean, and reuse water, not to mention its’ solar capabilities to provide the user with power.

Diogene is equipped with everything you need for living. The front part serves as a living room: On one side, there is a pull-out sofa; on the other, a folding table under the window. Behind a partition, there are a shower and toilet as well as a kitchen, which has also been reduced to the necessary. The house and furnishings form a single unit.

If placed in a remote area, you might even have the opportunity to take advantage of Google’s newest eco-endeavour – solar-powered balloons to spread internet access to remote areas. Do you know of any other sustainable houses or buildings? Are there methods that you practice around your home to support sustainable resources and reduce your own carbon footprint? Let us know on Twitter @enviromint

image credit to Vitra

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Shocker! Couples buy homes before wedding

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A new study from Coldwell Banker Real Estate LLC says that about one in four married couples between the ages of 18 to 34 purchased their first home together before their wedding date, compared to 14 per cent of those ages 45 and older. According to the U.S. online survey, 35 per cent of all married couples purchased their first home together by their second wedding anniversary, and 80 per cent of married homeowners who purchased their home while married said it did more to strengthen their relationship than any other purchase they made together.

“While life goals and expectations continue to weigh on young couples, their views of homeownership are transcending their plans of marriage and starting a family, creating a direct effect on the patterns of buying a home altogether,” says Robi Ludwig, a psychotherapist and Coldwell Banker Real Estate LLC lifestyle correspondent.  “What we’re seeing is that young couples are switching up the order and purchasing their first home regardless of whether or not they have set a wedding date. This is a huge movement within today’s culture. While younger generations may be focusing more on their career, and in turn waiting longer to get married and have children, they are not delaying their dream of homeownership.”

Some other survey highlights:

* More than one in three married homeowners purchased their first home together by their second wedding anniversary.

* Only 16 per cent of married adults responding to the survey had not purchased a home together with their current spouse.

* 80 per cent said purchasing a home with their spouse did more to strengthen their relationship as a couple and family than any other purchase they have made together.

* Over one-third of married homeowners (35 per cent) wish they had taken the plunge (into homeownership) sooner than they actually did.

original article via http://www.remonline.com/shocker-couples-buy-homes-before-wedding/

image courtesy of

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Insurance Industry VS Weather Disasters

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The Insurance Bureau of Canada says the frequency, severity and cost of extreme weather in Canada are increasing, with Alberta leading the way.

Alberta accounted for 67 per cent of disaster payouts in Canada, according to the bureau.

Don Forgeron, the organization’s CEO, says Canada has been caught off-guard by the uptick in destructive weather.

“Storms that used to happen once every 40 or 50 years are now happening once every 15 or 20 years,” he said. “And as a country we’ve just done nothing to prepare ourselves for this eventuality.”

Annual payouts from flooding, fire, hail and windstorms increased from $100 million about 10 years ago to $1 billion between 2009 and 2012. Last year, hailstorms across Alberta caused $530 million in damage.

“Here in Alberta you can expect more drought where you’ve had a history of that over the last 100 years or so,” said Forgeron. “At the other end of the spectrum, you can expect more weather in the form of hail and rain.”

Gloomy forecast

Forgeron offers a gloomy forecast of more extreme weather in the years to come and is urging municipalities to fix crumbling stormwater infrastructure to prepare.

‘The insurance industry claim payouts are the canary in the coal mine.’— Don Forgeron, Insurance Bureau of Canada

“The numbers would indicate the possibility is becoming more the reality. We’ve seen a change in weather patterns … the experts that we’ve consulted say that we can expect more severe weather across the country,” he said Wednesday following a speech to the Calgary Chamber of Commerce.

“We can choose to ignore it — bury your head in the sand and not do anything about it — or we can take a look at what’s happened and use that as a bit of a guide going forward.”

In November 2011, officials had to shut down Calgary’s downtown core because extreme winds blew windows out of buildings.

Earlier that year, a wildfire ravaged the community of Slave Lake, Alta., with losses pegged at over $700 million.

“The insurance industry claim payouts are the canary in the coal mine,” Fogeron said. “It’s a bit of a sign or an indication of how much the cost is to communities across the country, and we’ve seen those numbers, especially here in Alberta, just skyrocket over the last four years or so.”

Increasing deductibles

Earlier this month, the Insurance Bureau of Canada confirmed that added weather costs have prompted some insurance companies to double the deductible for weather-related claims to as much as $3,000.

Forgeron deflected questions about whether Canadians can expect escalating insurance premiums. He said many insurers are being very “proactive” with their customers to make sure they are prepared for problems that can arise.

“We’re doing what we can to keep costs down. It’s my hope we will be able to limit those to an absolute minimum going forward, but if the past is any predictor we’re going to see some nasty weather.”

Forgeron said aging municipal stormwater and sewer infrastructure is the big worry.

The Federation of Canadian Municipalities has estimated there is $69 billion worth of outstanding repairs, he said.

“While science has confirmed the weather is getting worse, we also know that aging stormwater and sewer infrastructure failure is to blame for most of the damage.”

Warning issued to Calgarians

With the rain Calgary has seen recently, and with more unsettled weather expected this week, the Calgary Emergency Management Agency (CEMA) issued a warning Wednesday for local residents to prepare for the possibility of damage from flooding and severe weather.

“There is little doubt Calgary sees its share of severe weather,” says Len MacCharles, CEMA deputy chief, in a release. “There are things Calgarians can do to minimize the effects of severe weather on their safety and property.”

Some of those steps include:

  • Securing items in backyards or on decks so they don’t become airborne during high winds.
  • Direct downspouts away from foundations so water doesn’t pool near the home
  • Install a backflow prevention device on basement floor drains.

CEMA also recommends drivers avoid pooled water, as some misjudge the depth and get stranded in rising water.

“Do not attempt to walk through pooled water or running water: it takes only six inches of water to sweep an adult off their feet, and only a foot of water to move a car,” said CEMA officials in a release. “Do not allow children to play near running water, pools of water or storm drains.”

Another tip is to prepare a 72-hour kit for the home in case of an emergency, such as power outages.

original article via CBC

image courtesy of carolynconner

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Affordability is Key

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Despite how many reports are claiming that new construction is the key to developing a healthy recovery method for the real estate market, it would appear these reports aren’t looking in all directions very effectively. If they were, there would probably be a leniency towards re-visiting that mentality and developing a more comprehensive approach, rather than a shrouded one.

Fluctuations in the property market are of no surprise to many at this point, however these particular market activities seem to be telling a story not many want to hear – the market’s recovery is moving in the wrong direction. As it stands, new buyers are in a tough position when it comes to entering the market due to the revisited amortization constraints wherein down-payment amounts increased, while amortization lengths were decreased, meaning more money up front, and higher payments; a compromising situation indeed. So, what happens now? Property investors have incidentally taken the market by storm to scoop up properties at a healthily reduced rate to be owned as secondary properties, and rented out to the general population – presumably those same potential new buyers who can’t afford to get a piece of the market activity.

Reports are suggesting that one of the only ways this young buying population will enter the market is if their baby-boomer parents (the same demographic investing in the renter’s market) provide down-payments in order to make the endeavour more affordable. The means to do so come from their parents’ act of downsizing, thus freeing up funds that can be allotted to their offspring’s hopeful property purchases.

Our neighbours to the South have also released some purchasing statistics which indicate the trend that pains new buyers is one felt on both sides of the border, as the sales of previously owned homes hit the highest they’ve been in 3-1/2 years. Now, if you take a look at these impeding market factors it’s hard to lean on the argument that new developments are the way to go, as they are even less affordable than previously owned homes and provide no positive alternative to what’s paining the market: the low number of new buyers.

Instead of putting up new developments that hardly anyone can afford to the extent that would stimulate a positive increase in market activity, we should be focusing on resolving the impeding factors that are vice-gripping the market’s potentially young population. If amortization laws are revisited, or if market activity ceases to favour some and down-play others, and instead reaches a content equilibrium for the purchasing population, we could expect a healthy and fulfilling market recovery rather than the lop-sided one we’re experiencing now.

 

image courtesy of katerha

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Taking Advantage of a Renter’s Market

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The property market’s slow yet steady recovery is not a result of new home-owners entering the market, but instead can be attributed to the purchases being made by investors to capitalize on the market’s vulnerability and the current amortization restrictions, which were tightened up last year. Though the market seems unfruitful for new home-owners, investors are cashing in while contributing to market recovery.

The unfortunate circumstances of the adjusted amortization restrictions (increased down-payments and shortened amortization periods) have resulted in this paradoxical recovery, wherein existing owners are the ones who appear to be scooping up properties at the affordable rate which they’ve been lowered to. Purchasing a second home to reap the benefits of a mortgage that pays itself while increasing equity and (potentially) profiting from the value increase of the property.

New home-owners, as previously stated, are in a bind when considering the adjusted mortgage restrictions. Instead of being able to contribute to the market’s recovery directly, these parties are indirectly supporting its recovery by their participation in the renting of these secondary properties from investors.

The nature of the market’s recovery seems rather cyclical in this sense; investors buy the properties, and potential buyers instead rent from these investors and property owners while contributing to their mortgages and increasing the value of their properties. Unfortunately, this divide is one that may not be sustained for long, as every co-dependent relationship will eventually reach a threshold for its functioning potential.

Without loosening the belt on mortgage restrictions, we can expect this cycle to continue until it flops. Do you feel that the mortgage restrictions should be revised to encourage new buyers to enter the market, or should we continue down this path benefiting only the investors? Share your thoughts with us on Twitter @enviromint.

image courtesy of EraPhernalia Vintage

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The High Road to Success

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The world is filled with talkers, but not many walkers. The timeless question for many real estate agents and brokers is how they can differentiate themselves from the competition; to appear as the more legitimate choice when it comes to doing business. Many approaches are taken to try and achieve these levels of appeal, but we’re about to let you in on a little secret: It doesn’t take as much as you think! All you need is the right set of tools and (of course) to know how to use master them. Let’s take a look at some of the stepping stones to the debut of your real estate success story.

Presentation: We’re not talking about clean breath and nice clothes – hopefully you’ve figured that one out for yourself by now. When talking about how you present yourself to your clients, there’s much more to it than simply looking the part. One of these for example are e-mail and phone etiquette, which, whether you like it are not, are vitally important, especially when encountering a new lead. E-mail is undoubtedly the most adopted form of communication in the professional world as we know it, so to match your new clothes and fancy haircut, take the time to ensure that your e-mail appearance is acceptable and professional in order to further trust with your clients. Reply within reasonable mounts of time, don’t rush it (that’s how details get skimmed over, which freaks people out entirely) and make sure your spelling, phrasing, and signature are all on-point. Think of it this way: if a client you’ve never met before’s first impression of you is a grammatical e-mail disaster with no capitals, lackluster spacing, little to no detail, spelling mistakes, phrasing errors…we could go on. At the end of the day, no clients are going to trust you with the largest potential investment of their lives if you don’t appear smarter than a 5th grader. Having an e-mail signature with your contact details is also excruciatingly important (so that people can get in touch with you!).

Execution: Now that you’ve got a grip on how to look and sound the part, it’s time to play it. The execution of your tasks is just as important as how you present yourself; the only difference is that one is more ‘face-value’ than the other. This is the part where you take the slick professional agent that’s on your business cards, on your website, on the phone, and in e-mails, and make them come to life for your clients. How, you ask? Well, showing up to meetings on time, taking calls when they come through, returning to messages promptly, thinking ahead (for both you and your clients’ sake), and all-around being on top of everything so that your clients don’t break into a sweat every time you talk to them would be a solid start.

Looking for a better way to stay on top of everything? Well, look no further – we’ve got it!

The Deal Manager To Go now gives you the freedom of having what we like to call a ‘pocket office’ without having to buy new pants. We’re not kidding. It’s all in there. From entering deal sheets online, to tracking your expenses, checking deal archives, and personalized performance reports – there’s no reason for you to miss a beat again.

Want more? Check out the The Deal Tracker, bringing unparalleled communication effectiveness to the table. It’s essentially our answer to all your problems. Now you’ll never forget where you parked your deal! You’ll love the gentle reminders that not only you’ll be receiving, but also the effortlessness of the process, without a doubt. You no longer have to fret about sending 100’s of emails to remind lawyers, to remind clients, to remind you that you need to be reminded. Once you see how easy it is to track your deals in real time and how much communication time you’re saving, heck, you might just go out and do something crazy, like close more deals.

 

image courtesy of Lars Plougmann

 

 

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Generation Gap In Buyers

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Beyond speculating the ups and downs of the market, there seems to be a disjoint in most peoples’ thoughts about the future of the real estate market, and more importantly, its future buyers.

The future of the real estate market is dependent on an availability of properties, but also on the presence of an actively participating buying and selling population…which, at this point, is looking feeble at best due to the weight of insurmountable student debt that the next generation of buyers are dragging into the market by their ankles. Now, buying a house could potentially slip right off the list of practical goals for many of those who are classified as ‘the next generation’. After all, when weighing out paycheques, these future buyers are likely to contribute to their existing (not to mention huge) debts; and that’s a hindrance the market will unfortunately have to absorb one way or another.

The actuality of this more-than-slight oversight has manifested itself into what will be a pretty huge speed-bump in the potential future of the property market. While currently being sustained by a generation of predominantly successful and career-achieved individuals, this is about to shift to a large population of over-educated, under-paid and unemployed individuals. Scary isn’t it?

Conceptually, buying a house became even more intimidating for this debt-ridden generation when the amortization laws became even more constricted this past year. Even by cropping the amortization lengths by only 5 years, this translates into a whole lot more money that nobody (at least in this crowd) seems to have. Only time will tell if the student debts will gradually dissipate in time for this population of potential property investors to pick up their socks and put their money where their (poorly fed) mouths are. Hopefully the amortization laws will also become less stringent to give some lee-way for the market to absorb this hiccup and further encourage/ease the next batch of buyers and sellers into the market.

 

image courtesy of limaoscarjuliet

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