Archive for the ‘REAL ESTATE’ Category
Saturday, May 3rd, 2008
Eric Janszen's article "The Next Bubble" published in Harper's earlier this year does a great job of explaining how bad the US housing bust really is. Graphing the deviation from long term means of the NASDAQ bubble and now the housing bubble shows the stark reality of financial loss. The ...
Posted in US, REAL ESTATE | No Comments »
Thursday, April 24th, 2008
A Vancouver Condo Market Report from the Canadian Mortgage and Housing Corporation clearly shows fundamental reasons for extraordinary price appreciation in the Vancouver Market.
Job Growth + Migration + Resource Constraints = Supply Shortage & Increasing Prices
This makes Vancouver a very predictable real estate market. For now.
a2a_linkname="Vancouver Condo Market Not A ...
Posted in Vancouver, REAL ESTATE | No Comments »
Sunday, April 20th, 2008
Vancouver Commercial Mortgage Broker: "There's 25%-30% less funds available in the market than 6 mos - 1 year ago. Loans which were previously A class loans are being pushed downward to B and C class treatment."
My comment: Canadian Banks have stopped lending to each other as a direct result ...
Posted in Vancouver, REAL ESTATE | No Comments »