Again I apologize for the lack of updates, but as I’ve said, I am swamped with actual work, so blogging has taken a back seat… and unfortunately there is no end in sight just yet, so, it is what it is. I seem to be getting a lot of e-mailContinue Reading
Sorry I couldn’t get to this sooner, but June has been a busy month for me. Kind of doubting I’ll be able to get in as many posts as I would like this month, so instead of posting tripe, I’ll try to focus on quality instead of quantity. After readingContinue Reading
TUESDAY UPDATE: Reports are circulating TD is about to raise their 5-year fixed rates another 0.4% We’ve been hearing lots about central bank rates being at historic lows, and it’s influence over mortgage rates… but anyone following my Twitter feed the last while has no doubt noticed my little obsession with theContinue Reading
Private sales, or For-Sale-By-Owner (FSBO for short) have been around for as long as there has been something to sell. Though in real estate private sales kind of fell out of favour as sales people and agencies became specialized and by pooling resources started offering levels of exposure that privateContinue Reading
Sorry I didn’t get to report this earlier in the day, unfortunately I had to do some actually work. Bummer, I know, but believe it or not, communicating my worthless ideas to literally threes of people, free-of-charge, doesn’t pay the bills. Anyway, the local numbers for May were released today,Continue Reading
This will probably come off like a puff piece, but it’s been a beautiful weekend, I don’t really feel like doing actual research, I need one more post to hit my self imposed monthly quota of ten and I just took a stroll through mine yesterday and feel like waxingContinue Reading
Obviously there are no lack of indicators and ratios out there, we’ve looked at several here over the months. Some in my opinion are fairly useful, like absorption rate… others I feel are as useless as tits on a bull, like sales to new listings. In any case, today we’llContinue Reading
The Canadian Bankers Association released their latest mortgage arrears stats today, these are for March. As we can see, they’re continuing their meteoric rise, and have now passed the 0.50% threshold. 2,416 Albertans now find themselves three or more months behind on their mortgages (typically at the point foreclosure proceedings begin, thoughContinue Reading
Over the last month there has been a great many stories appearing about the effects of shoddy construction practises here in Alberta… particularly concerning stucco exteriors with faulty membranes. A quick googling turns up this and much more: Read moreNew ConstructionNo bailouts over faulty condos: gov’t Faulty new homes notContinue Reading
So, the nominations are in and the selections made. Added a couple more to represent all the new building in Terwillegar as well as to represent the university area, so we’ll be tracking 12 complexes. Since we can focus on buildings/complexes with condos it should be far easier to trackContinue Reading