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Energy revival fuels another boom drives the real estate market up

By Jark Krysinski *PREC (Personal Real Estate Corporation)

Real Estate Agent with REMAX CREST REALTY WESTSIDE v60121

February 16, 2012 10:15 AM

Since the massive projects in oil sands in Alberta, economists expect oil patch to drive growth in housing and retail sectors, according to the article "Energy revival fuels another boom" said. Because the massive projects in oilsands result in low unemployment and high-paying jobs, people in Alberta earn more and have more money thus increasing their spending power. This often results in the biddind-up of prices on everything from housing to good and services as well. As we can see, Alberta is continuing to develop, it is wise to invest in real estate in Alberta with lower price now.

Reference:
Link: http://www.vancouversun.com/business/Energy+revival+fuels+another+boom/5918015/story.html

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Jeff Jensen

The Federal Savings Bank/Lending in 50 states - Greenwich, CT

You fortunate to have such a job creating activity going on in your market. I hope there is no envrionmental impact.

Feb 16, 2012 10:17 AM

Rainer
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Jark Krysinski *PREC (Personal Real Estate Corporation)

TeamYVR Team Leader, BA,ABR,IRES,IMSD,LLB

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Hello, my name is Jark! I have been a real estate investor for the past 15 years, predominately in the Greater Vancouver area but also in the developing real-estate locales of Whistler as well as Revelstoke. I share my research and writing on a daily basis as an added service to my clients. It's important to realize that REALTORS are not only sales people but are also scholars of Real Estate in their own right. The hundreds of articles I've published serve to exemplify this point. In Vancouver specifically, I’ve bought and sold more than four businesses of my own – prior to licensing as a real estate licensee – and have bought three passive real-estate holdings. If you’re looking for an agent who’s not only thought about real estate but has also bought and sold his own properties, and taken his own calculated risks, give me a holler and we’ll discuss the market and your participation therein. For more than theory, speak to someone who’s empirically on the same page as an experienced real estate investor.