alberta real estate: I'll Take The Bait - 05/28/08 02:17 AM
After checking my Google alerts it looks like the only thing in the news today is that people are leaving Alberta to buy houses in Eastern Canada.
 
"A serious influx of Western Canadian purchasers has bolstered housing sales in every Atlantic province. Tremendous job opportunities available in Alberta that … (1 comments)

alberta real estate: What Do We Do Exactly? - 03/19/08 07:50 PM

Recently a lot of people are asking what exactly is a joint venture investment and "What DO you guys do?"To put it simply:We leverage our time, knowledge, expertise, contacts and education for investment capital and we own the asset/property we buy 50/50.
OUR ROLE1. Choosing quality revenue properties using a proven … (2 comments)

alberta real estate: Last of the Wild and Free Alberta Assumables ? - 03/07/08 08:44 PM
In Alberta we've been blessed for a longtime time with being able to assume properties without qualifying for the mortgage.For the past two years I've seen banks gradually tighten up their lending policies and require buyers to qualify for some assumable mortgages. In essence where we take over the existing mortgage, … (4 comments)

alberta real estate: Edmonton Real Estate - So What Is Wrong? - 03/04/08 06:28 PM
Nothing.
I read an article about the prices in Edmonton being stalled (which to me generally denotes stopped/not working/dead). Then the writer  went on to say that houses are:
• selling for near list prices
• not staying on the market long
• in strong demand
These are good things right?
Ending with this quote, 
"Nothing … (3 comments)

alberta real estate: It's Not Hard To Believe - US Realtors Down In The Dumps - 11/10/07 02:21 AM

PricewaterhouseCooper's Emerging Trends in Real estate indicates that people in the real estate industry in Canada are more positive about their prospects for 2008 than their counterparts in the United States.
"The annual Emerging Trends in Real Estate report, from PricewaterhouseCoopers and the Urban Land Institute, shows 36 per cent of … (2 comments)

alberta real estate: New To Edmonton And Not Sure Where To Eat - 11/10/07 02:08 AM

If you are just moving into Edmonton or to a new neighborhood in the city it can be hard finding  the good restaurants.
When we moved into this house the first night we ate out at a dingy looking place down the street. When the proprietor finally came out with our … (0 comments)

alberta real estate: Here Comes The 1% Vacancy Rate - 11/06/07 11:18 PM

According to the CMHC Edmonton's apartment vacancy rate is at 1% with a forecast 0.8% next year. We hold a lot of mid to upper end units and we  see a higher vacancy rate. Our units priced from $1600 (half duplexes or townhouses) to $2000 (3 to 5 bedroom houses) are … (6 comments)

alberta real estate: Skeletons In My Closet - 10/30/07 09:14 PM
What ‘skeletons’ do you have hidden away that may come out to haunt you? Sounds scary doesn’t it? And it could very well be….I was recently negotiating on a fairly large character conversion/reno project for an associate of mine. He had considerable experience with rezoning and land utilization but not so … (2 comments)

alberta real estate: Haunted Alberta - Spooky Real Estate - 10/30/07 07:31 PM
Alberta Haunted Real Estate Who could resist? I should write about ROI's or the two great new properties we have picked up recently but all work and no play makes people axe murders! With help from two great sites, The Shadowlands and Zuko - Weird And Spooky Places, I was able … (2 comments)

alberta real estate: The Blind Men and the Elephant - 10/12/07 02:56 AM
A community of blind men once heard that an extraordinary beast called an elephant had been brought into the country. Since they did not know what it looked like and had never heard its name, they resolved to obtain a picture, and the knowledge they desired, by feeling the beast - … (6 comments)

alberta real estate: Once Again - Edmonton Best In The West - 10/08/07 08:24 PM
    It's not just my opinion. Edmonton and Alberta have won a slew of awards for being cost competitive, amount of corporate projects and expansions."Edmonton has been named the Number 1 metro area in Western Canada for business investment based on the number of capital projects and expansions taking place in the … (0 comments)

alberta real estate: Gloom And Boom! - 09/30/07 10:35 PM
I’ve thought of the ultimate Halloween costume this year. Imagine dressing up as a ‘sub-prime mortgage meltdown’ and banging on doors trick or treating throughout the U.S. I’m sure that this would be one of the scariest costumes folks have seen in awhile.
Like many fears, once exposed, explained and understood … (5 comments)

alberta real estate: Some September News - 09/27/07 10:36 PM
Alberta taking in more money than expected, but also spending more - ""Alberta's economy continues to outpace the rest of the country," said Finance Minister Lyle Oberg" This strong economy will attract more and more workers.  
ECONOMY: Edmonton rated ‘best in the west’ for business opportunities - "Edmonton has … (2 comments)

alberta real estate: Real Estate Tools For New Investors - Canadian Specific - 09/27/07 10:34 PM
The Edmonton - Calgary Corridor in Alberta, Canada presents investors with the most dynamic and growth oriented regions in North America.  Find the best towns to invest in - increasing profits. Learn economic fundamentals behind Top 10 cities. Meet like minded investors. Canada specific content. Learn how to invest on fundamentals … (0 comments)

alberta real estate: This And That - 09/27/07 09:49 PM
Real estate boom swells ranks of the house-poor - "I think what we're finding is people are over-mortgaged with very little room for an increase in the interest," Rob Warren, a University of Manitoba business professorBUT"It's good debt. It's secured, you've got an asset and it's growing," said Ruth Berry, a … (0 comments)

alberta real estate: Calling For Hike In Oil Sands Royalties - 09/27/07 09:15 PM
      "A government-appointed panel reviewing Alberta's energy royalties called Tuesday for the oil-rich Canadian province to increase its total take from the energy industry by 20 percent a year, or roughly $2 billion Canadian (US $1.97 billion; €1.42 billion)." How will this affect the Albertan Economy?1. Albertan will see more more of … (0 comments)

alberta real estate: This And That - 09/27/07 07:46 PM
B.C. Housing "Afford ability" Drops - "While Vancouver remains the country's most expensive real estate market, the largest affordability slides over the last couple of years have been suffered by Saskatoon, Edmonton and Calgary.
Alberta is still, however, avoiding British Columbia's stressed affordability conditions..." RBC economist Derek HoltAlthough housing affordability in … (0 comments)

alberta real estate: This And That - 09/12/07 08:01 PM
Turn Alberta Into An Energy Superpower "I believe we now have an opportunity -- an opportunity unlike any other in our history,...A once-in-several-lifetimes opportunity to transform ourselves forever." Kevin Taft Alberta's Liberal Party Leader MoreYour 30's are a crucial make or break time financially "Your income is rising, but so are … (2 comments)

alberta real estate: What Does Plummet Mean? - 09/06/07 06:15 PM
Decrease rapidly in a value.Looking over my Google alerts the last few days Edmonton's prices have fallen anywhere from $115 to $10,000 to $14,000. Which goes to show that if you depend on day-to-day news reports you may find yourself on "hysteria lane".I understand that Edmonton's market is bigger and … (2 comments)

alberta real estate: A Sale You Don't Want To Miss - 08/29/07 07:45 AM
House prices are softening in Edmonton and people are once again worried that we will see a spectacular bust in the Edmonton market."There's no sense reducing any product by 5% because it just doesn't work. We're seeing reductions of 10% and more,"Re/Max agent Abe Hering Read ArticleIn a normal market you … (2 comments)

alberta real estate: Stop Pushing My Tushy! - 08/27/07 01:50 AM
I was on one of the fastest trains in the world, heading at near light-speed to an early morning meeting in Tokyo last Friday. The purpose of my journey was to liaise with international investors who are moving capital from European and Asian markets into rock steady Alberta real estate.An easy … (10 comments)

alberta real estate: Dear Friends and Partners, - 08/25/07 02:53 AM
I trust that you are you well. I wanted to send you a brief update on a few properties that I have coming up for partnership that I thought would interest you... #1 Is a solid 1/2 duplex located in the prestigious North Ridge area of St. Albert. *Your estimated … (0 comments)

alberta real estate: Hills And Valleys In Real Estate - 08/23/07 08:16 PM

 
 
Gary Lamphier from The Edmonton Journal wrote an excellent article on the Edmonton Real Estate markets shift from overheating to normalizing, with a buyers market predicted for the next six months."The stats don't lie: Edmonton's once-torrid housing market is showing clear signs of cooling off, setting the stage for what … (0 comments)

alberta real estate: Canada's Housing Market - 08/23/07 07:56 PM

"What remains the greatest source of weakness in today's U.S. economy is a continued source of strength in Canada," "While the U.S. housing market is mired in deep recession, Canada's own housing market has demonstrated extraordinary resilience." Warren Lovely of CIBC World Markets Our great economy is due to low unemployment, … (0 comments)

alberta real estate: “4 Places that love Expensive Oil”. - 08/12/07 04:44 AM
 In Alberta, Norway, Venezuela and Alaska, no one’s complaining about $80 crude. It fuels booming economies, cradle-to-grave security and handy checks for every resident.
Of course, Alberta is the leading story. Oil isn’t the only factor fueling Alberta’s economy, but it sure doesn’t hurt. After researching some of the Real Estate numbers … (0 comments)

alberta real estate: WHY DO I NEED A PARTNER TO INVEST IN REAL ESTATE? - 08/12/07 04:11 AM

How do you want to spend your time?
Real estate investing is a business that requires impeccable management by the owner. You need to personally be aware of the fair market prices of local houses, repair materials and labour costs. You need connections to receive the best prices and services … (0 comments)

alberta real estate: Alberta In The News - August - 08/12/07 04:06 AM
The Edmonton - Calgary Corridor in Alberta, Canada presents investors with the most dynamic and growth oriented regions in North America. Everyday local and national press focus on the “Alberta Advantage”. There are  a wealth of viewpoints regarding economic and real estate news put forward by industry pundits, journalists and experts … (0 comments)

alberta real estate: Can't Afford A Home In Alberta? - 08/02/07 10:00 PM

This is the best program I have heard about next to the ecofitEnergy Retrofit Program. Alberta Home ProgramA completely free assistance program that includes education, one to one support and advocacy referrals to service providers, down payment assistance up to $3,000, and ongoing contact before and after the purchase the … (2 comments)

alberta real estate: Real Estate Transfer Tax On Hold - 07/22/07 12:34 AM
Less than 3 months after the real estate transfer tax was proposed it has been put on hold. It has not been completely vetoed but shelved for the time being.Edmonton Real Estate Board and the Canadian Taxpayers Federation were both extremely vocal in their protests to the proposed tax. Leading … (5 comments)

alberta real estate: Not Again - 07/21/07 05:27 PM
I know where I am investing and I wouldn't stop investing there for anything. I might buy a few houses in some parts of Ontario, where the cash flow is good. If you are a savvy investor you could invest in Saskatchewan but you must be very careful on timing. … (2 comments)

alberta real estate: Tidbits - 07/13/07 06:03 PM

 
 
Five minutes of surfing around produced these great articles on the Alberta Real Estate situation. BOOMRoyal LePage Real Estate Services is forecasting all regions in Canada are going to experience a rise in average house prices, especially Edmonton, Calgary, Winnipeg and Regina where double-digit gains are foreseen. Read MoreBOOMSt. Albert … (0 comments)

alberta real estate: Don't Say No To $226.03 A Day Profit - 06/03/07 09:55 PM
If you own a home or investment properties in Alberta you made $82,500 last year. That is $226.03 per day. "Alberta's average resale price of $359,640 was up 29.8 per cent over the April 2006 figure — the biggest percentage increase among any province. Put another way, that means that the … (0 comments)

alberta real estate: Go Long Or Go Home - 05/04/07 07:01 PM
While detractors shout the market is over, real estate experts see the long economic picture of Western Canada; becoming Canada's economic center."High property prices in Western Canada will help spur international investment in downtown commercial markets across the country, say real estate industry leaders."We're going to see more pools of capital … (0 comments)

 
Real Estate - Other: Todd & Danielle  Millar (Glenn Simon Inc.)
Todd & Danielle Millar
Edmonton, AB
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