invest in alberta: This And That - 06/30/08 01:16 AM
Real estate meltdown? Not likely - "It's true that a few Canadian cities are showing much smaller price declines - Edmonton down by 4.9 per cent in the past year, Calgary down 2.4 per cent and Windsor down 5.5 per cent - but only in Windsor does this reflect economic distress. … (0 comments)
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invest in alberta: Good Points If You Are A Seller - 06/27/08 12:23 AM
First of all if you are trying to sell in Edmonton better make the deal pretty sweet because about 11,000 other properties are on the market looking for a new owner. To be frank I wouldn't sell now unless I had a pretty good reason.If you are an investor then why … (4 comments)
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invest in alberta: Population Growth = Growing Market - 06/27/08 12:07 AM
graph courtesy of StatsCanAlberta again led the country in population growth in the first three months of 2008. The province now weighs in at 3.5 million. Although there was a small exodus from Alberta in 2007 the net in-migration is still the highest in Canada."Alberta's population rose by 0.41 per cent … (2 comments)
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invest in alberta: Alberta Wealth Sets Prices In Okanagan - 06/22/08 08:33 PM
When Albertans are looking for a recreational property they often go to British Columbia. The province's overflow of wealth has increased prices in the Okanagan area so much that until now there was multiple offers and double digit increases on recreational properties. Now that Alberta is cooling down so is this … (0 comments)
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invest in alberta: Before You Buy With Your Brother - 06/13/08 07:15 PM
When I hear people say that buying investment real estate is dangerous or risky it makes me wonder what could have happened to make them feel that way. Sometimes its a sour deal or bad tenants but more often than not it's who they bought the property with.It's easier to buy … (2 comments)
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invest in alberta: How To Avoid Buying A Drug House - 05/20/08 11:30 PM
Todd wrote this article to help house buyers and investors make sure they aren't getting a huge financial and environmental headache when they pick up that "deal" down the street."Sadly, we live in dangerous times. We not only have to be careful of shoddy plumbing jobs, leaky roofs and shifting foundations, … (5 comments)
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invest in alberta: Balanced Market Let's First Time Buyers In - 04/24/08 01:35 AM
Last year when prices in Edmonton rose close to 50% first time buyers were afraid they would never be homeowners. The frenzy that resulted in "conditionless" contracts, bidding wars and listings on the market for mere days left a lot of people feeling out of control in their buying. The attitude … (0 comments)
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invest in alberta: Oh Look, Someone Else Discovered Alberta! - 04/22/08 08:23 AM
This great nugget is from www.marketwatch.com:"A boom of unprecedented dimensions is sweeping Canada's spectacularly scenic western province of Alberta, the Texas-sized territory with a population of 3 million that is home to a pair of world-class cities -- Calgary (population 1.2 million) and Edmonton (population 1.1 million)." Marshall Loeb, Market Watch … (0 comments)
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invest in alberta: "Is the Alberta Boom set to Bust?" - 03/21/08 07:43 PM
Good question if you think in a Boom and Bust mentality..
This is a reply to "Is Edmonton Real Estate Too Hot?"
In reality what you have happening in the province of Alberta, specifically Edmonton, Calgary and Red Deer cities is a healthy slow down in the market. It's not a Boom and … (0 comments)
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invest in alberta: 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)
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invest in alberta: Greener Grasses, Warmer Sands? - 03/04/08 07:12 AM
What is it with us Canadians? Do we suffer from ‘the grass is always greener, the sand always warmer’ syndrome? During a -40 snap, you bet we do. And it’s not all bad either. Due to increases in salaries and the great rise in Alberta real estate values have helped make … (0 comments)
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invest in alberta: The West - Canada's Life Jacket - 03/02/08 06:45 PM
Incredibly strong markets in Western Canada are keeping Canada's real estate markets buoyant even through America's housing slump."We expect construction, sales and price gains to moderate in 2008 due to decreasing affordability, especially for first-time buyers, and some softening in domestic economic conditions associated with the intensifying U.S. slowdown and persistently … (2 comments)
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invest in alberta: Oilsands Get Big Bucks This Year - 02/28/08 08:16 PM
In Alberta where investment is always spoken of in BILLIONS not MILLIONS - this year will stand out as the year we beat all manufacturing across Canada for the first time. "That one small little area of Alberta is attracting more investment than every manufacturing industry across the country." Philip Cross, … (0 comments)
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invest in alberta: Can Mentors Be Virtual? - 02/26/08 09:00 PM
The Financial Post has a sub-section under Small Business called "12 Weeks To Start-up" which is to help new entrepreneurs get started and motivated by successful people in business.
This week Century 21 Real Estate Canada's founder Peter Thomas was interviewed to speak on his "virtual mentors" in his early start- up … (0 comments)
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invest in alberta: Don R. Campbell For The Edmonton Journal - 02/15/08 07:48 PM
spoke with The Edmonton Journal to warn investors of falling for hype, thinking short-term and not looking "Behind the curtain" when investing in real estate.He explained what we can look forward to in the Albertan market,"Edmonton's housing prices, which fell 11.7 per cent during the last half of 2007, will dip … (1 comments)
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invest in alberta: This And That - 02/12/08 10:01 PM
Stelmach unveils green plan - Stelmach announced that if re-elected March 3, the provincial Tories will spend $50 million turning the river valley into the world's largest continuous park, running from Devon to Fort Saskatchewan. Beneath university's land there lies a mystery - and possible oil riches - Nobody knows quite … (0 comments)
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invest in alberta: January's Record Means More Deals For Buyers - 02/06/08 08:03 PM
"Near-record January sales indicate that housing sales will remain strong in the Edmonton area as buyers and sellers adjust to the new pricing levels," Realtor Association of Edmonton president Marc Perras
Purchasing a property with great terms or at a reasonable price is a lot easier now than it was 6 months … (1 comments)
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invest in alberta: Hidden Gold in My Boot - 02/01/08 05:04 PM
Yesterday I found a gold nugget in the boot of my car. My friend asked me over to his place to get a second set of eyes on it before he listed it for sale. He’s spent the good part of a year renovating the 2 houses on both sides of … (5 comments)
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invest in alberta: Keeping Perspective - 01/31/08 09:32 PM
Mark Milke wrote this excellent article for the Edmonton Sun. If you are unhappy with the economic boom in Alberta now, then perhaps 1988's statistics will help you see the light - 9.7% unemployment and 18% interest rates. Seems unbelievable doesn't it?
"So let's keep present problems in perspective, even with … (3 comments)
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invest in alberta: This And That - 01/31/08 08:04 PM
Edmonton, Alberta: How Do You Heat Your Igloo? (Todd Millar) I replied in a lighthearted way that spending my money on sunsets and sandy beaches is what I do when I'm on holiday, not when I plan and weigh out an investment option. Sunsets sizzle, and when we imagine the lifestyle … (0 comments)
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invest in alberta: Canada - Financially Fit - 01/31/08 07:32 PM
Canada is getting a lot of first prizes among the G8 countries. We rank first in quality of life, have the lowest cost of living, and the lowest unemployment rate.
Canada has diverse resource driven economy that, less than a decade ago saw significant proportions of all exports heading for … (0 comments)
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