October 29, 2008
BCREA Fall Housing Forecast: Consumer Confidence Key to Housing Market Conditions
Vancouver, BC -The British Columbia Real Estate Association (BCREA) released its fall 2008 Housing Forecast today.
"BC Multiple Listing Service® (MLS®) residential sales are forecast to decline 28 per cent from 102,805 units in 2007 to 73,700 units this year. A modest 4 per cent increase to 76,500 ...
Posted by Jason Neumann
on November 2, 2008
Downtown plan passes another hurdle by Wayne Moore - Story: 42749Oct 28, 2008 / 5:00 am"Kelowna's controversial downtown re-development plan is one step closer to reality. City Council Monday gave second and third readings to the Comprehensive Development Zone(CD21 Zone), by a 6-3 margin. Mayor Sharon Shepherd and Councillors Robert Hobson and Michele Rule voted against the proposal. The three ...
Posted by Jason Neumann
on October 30, 2008
Westside sewers will cost more by Wayne Moore Oct 27, 2008 / 5:00 amWestside property owners, patiently waiting for new sewer hook-ups, could end up paying close to $20,000 per household for the service, something that doesn't sit well with Mayor Rosalind Neis. The municipality applied for a grant worth about $15 million through the Building Canada Fund for 11 sewer projects scheduled for completion ...
Posted by Jason Neumann
on October 29, 2008
Consumers not willing to cut back on web, cellphones
Updated Thu. Oct. 23 2008 5:48 PM ET
CTV.ca News Staff
Canadian households are preparing to cut back on expenses in the face of economic recession but two items which were a luxury only a decade ago -- the Internet and cellphones -- are among the last items Canadians are willing to forgo. For full story see CTV.ca
Here is the ...
Posted by Jason Neumann
on October 29, 2008
Well, here it is once again a headline just begging for some attention, or at least a guy trying to get fis five minutes of fame! It would seem that if the media isn't reporting a complete real estate meltdown, then economists are chucking more fuel onto the fire they are creating amongst those that own real estate. Canwest News Service published an article which quotes Merrill ...
Posted by Jason Neumann
on September 27, 2008
In an effort to protect and strengthen the Canadian housing market, the Governement of Canada has put a deadline on 40 year amortized mortgages. As of October 15,2008 it will a little more difficult for first time buyers to qualify for larger mortgages. It would be a massive understatement to suggest that this measure is being taken to avoid a similar crisis as the US real estate market ...
Posted by Jason Neumann
on September 26, 2008